Pfund Construction

Pfund Construction Building Edwardsville’s First Luxury Condos



A five-story landmark continues to emerge as the first-ever mixed-use, for-sale luxury condominium development to take root in Edwardsville.

Pfund Construction President Matt Pfund said the 35,000-square-foot high-rise known as ONE57 is on schedule and progressing toward completion.

“We’re confident that Edwardsville is ready for this unique product,” he said.

Construction began in Spring 2021. Peel Wood Fired Pizza, a popular Edwardsville restaurant and bar, will expand four-fold to occupy 10,000 square feet of the ground floor. It is projected to open in mid-December.

The eight condos on floors two through five – each spanning 2,200 square feet and featuring three bedrooms and two and a half baths – are expected to be completed in March and April 2022.

Pfund Construction Vice President Kristen Pfund said each residence has its own private exterior balcony, fireplace, large master bedroom suite, an abundance of storage, laundry facilities and detached garage. High-end tile, quartz, commercial-grade appliances, walk-in showers and walk-in closets. “All units are fully customizable at this point,” she said. “There are two distinctive designs – modern and traditional modern – on each floor. These luxury units are the size of a freestanding home.”

The 2.5-acre development site, located along Illinois Route 157 just one mile south-southeast of downtown Edwardsville, offered hilly terrain – much of which Pfund Construction left in place. Matt Pfund said the contractor worked with the City of Edwardsville early in the project to position 200 parking spaces on a hilltop in the rear of the structure, not visible from the highway. Pfund also worked with the city and Madison County Transit to add a large sidewalk and connect to the bike trail network. Green space preservation in front of the site was a priority.

“We’re at the peak of construction now,” said Matt Pfund. “We’ve got 70 to 75 tradespeople working on site. The views of Edwardsville from the top floors are stunning.”

Pfund Construction is a well-known firm in Edwardsville. The company has repurposed several historic landmark structures downtown into mixed-use lofts and retail storefronts. The firm also builds high-end, single-family residences.

Matt Pfund retired from his long-time position at a general contractor two years ago to devote all his energies to Pfund Construction. The company, which began 25 years ago, has experienced more than 100 percent year-over-year growth for the past three years.

ONE57 project partners include:


Nickas Architecture

Henderson Associates Architects

Gray Design Group


Crawford, Murphy & Tilly

SCI Engineering

303rd Engineering Group

02 Structural Engineers


Keller Construction

CNC Foundations

Vee-Jay Cement

Diecker-Terry Masonry

The Gateway Company

Acme Erectors

Erlinger Crane Service

Martin Roofing

St. Jacob Glass

Pella Windows

MPM Industries


Titan Carpentry

Phillips Plastering

TJ Wies Contracting

Bazan Painting

Missouri Terrazzo

Flooring Systems Inc.

Ford Hotel Supply

Zumwalt Corporation

P & N Plumbing


Pyramid Electrical

KONE Elevators

Boyer Fire Protection


Edwardsville Resident & Builder To Retire From Tarlton And Grow His Company



Matt Pfund


A longstanding leader in the construction industry is announcing his retirement from Tarlton Corporation to devote more time and energy to his own construction firm.

Matt Pfund, senior vice president at St. Louis-based Tarlton, will officially retire in early 2020 after 23 years in his position there to concentrate solely on Pfund Construction, the Edwardsville-based company he founded in 1993, as well as a few other personal ventures.

Pfund and his wife, Kristen, actively own and operate the commercial and residential construction firm that is known for a series of Edwardsville-centric development projects, many of them involving the rehabilitation and repurposing of downtown commercial buildings. In 2018, Pfund Construction received Business of the Year from the City of Edwardsville.

Pfund Construction’s notable projects along North Main Street in downtown Edwardsville include the 2016 rehab of an 1891 storefront (across from the Wildey Theatre) into ground-floor retail and an upper-story loft; the 2017 rehab of the Metcalf Building, a 1920s theater, into mixed-use retail and loft units; and the 2019 repurposing of long-time tavern Laurie’s Place into retail as well.

“We live in Edwardsville and we love continuing to build community here,” said Matt Pfund. “I’ve also really loved working for Tarlton all these years. It’s a great thing when you know you’re able to embark fully on your own venture, but it’s going to be equally difficult to leave a terrific company and fantastic people.”

February 2020 represents the official transition for Pfund from Tarlton to Pfund Construction. Pfund is a construction management graduate of Southern Illinois University Edwardsville. He and Kristen have three teenage children.Facebooktwitterlinkedinmail