Mr. Schaeffer joined The Alder Group with over 15 years of experience in the community and development arena. He currently serves as Vice President of the Board for the Allen Economic Development Corporation (AEDC). His leadership in recruiting and maintaining a strong knowledge of municipalities and their function in economic development has enabled him to impact business growth by driving small, medium, and large businesses to relocate to Allen, Texas.
Mr. Schaeffer is a strong contributor across all stages of the development cycle including land acquisition, planning, financing, zoning, and entitlement. He has a keen understanding of how to structure effective working relationships between private developers and local government to best complement their respective strengths and propel projects from inception to completion. Under his stewardship, the AEDC is currently participating in the development of two major office parks in Allen; the first, Allen Central Park, will add more than 1 million SF of Class A office space as well as a marquee hotel and conference center and the second, AllenPlace Office Center, will add an additional 500,000 SF of Class A office and light industrial space.
Mr. Schaeffer also has extensive experience as an entrepreneur and business owner in the restaurant industry. Prior to joining AEDC, Michael served as President of a franchising operation and oversaw the concept’s growth within the state of Texas. Mr. Schaeffer lives in Allen with his wife, Dina, and their three children.