Boston, MA Cottonwood Management Group appointed Edward Vydra to senior vice president and Mike Schumacher to senior vice president of development.

Edward Vydra, Cottonwood Management Group

Vydra will be instrumental acting as the leading senior project executive for the $850 million plus Seaport Sq. Parcels M1M2, and cultivating growth and stability of the company’s real estate portfolio. With more than 25 years of experience, Vydra has overseen more than 3 million s/f of development and managed assets exceeding $1 billion throughout his career. 

Prior to joining Cottonwood, Vydra served as a managing director at Taurus Investment Holding’s Boston office with key acquisition, asset management, and development responsibilities in its New England portfolio. Vydra has held similar management positions for Lend Lease Real Estate Investments, WS Development, and CareMatrix. Vydra earned his Bachelor of Science degree in Civil Engineering from Tufts University. 

Mike Schumacher, Cottonwood Management Group

Mike Schumacher, as senior vice president of development, will oversee the successful implementation of all construction activities for the Cottonwood project in Seaport. In his role, Schumacher will lead project development strategy, design execution, and construction management. Schumacher brings 24 years of real estate expertise to the group, having lead and contributed to nearly $1 billion in completed developments and asset improvement projects in New England.

Prior to Cottonwood, Schumacher held a 19-year tenure at Boston Properties, most recently serving as vice president of construction. Schumacher has been an integral team member for notable projects in Boston, including the 1 million s/f strategic repositioning of the Waltham office park Bay Colony, and the current $1 billion mixed-use development on the former Boston Garden site. Schumacher holds a Bachelor of Arts degree in Architecture from Princeton University.

“Throughout their careers, Ed and Mike have made positive and lasting impacts on communities across New England” said Alexander Shing, chairman and CEO of Cottonwood Management Group. “Cottonwood is preparing for a momentous few months with the groundbreaking of our first development project in Boston. Ed and Mike’s expertise is invaluable as we look to create a state-of-the-art residential community experience reflective of the Seaport District’s dynamic, innovative spirit.”

With nearly 50 combined years of expertise in their respective financial management and construction industries, Vydra and Schumacher will join Rebecca Mattson, head of East Coast development in the group’s Boston office, to execute the plans for Cottonwood’s premier residential and retail development at Seaport Sq. Parcels M1M2.