Todd Wyett

Todd Wyett

Principal, Versa Development

Royal Oak, MI 48067

Phone (248) 770-8484

Wyett specializes in land and infrastructure development of industrial, commercial and multi-family residential properties
Property Types
Office
Markets
Detroit
Bio
Todd A. Wyett began his career in the corporate department of Weil, Gotshal & Manges, a global law firm in New York City after graduating from Georgetown University Law School in Washington, D.C. He later served as Vice President, General Counsel and Secretary for Arbor Drugs, Inc., a publicly held chain of more than 230 stores acquired by CVS in 1998 for $1.5 billion. With a diversified approach that mirrors VERSA Development’s strategy, Wyett has been active in real estate development, land entitlement and property management since 1995. Wyett specializes in land and infrastructure development of industrial, commercial and multi-family residential properties, and has created Michigan and Ohio projects exceeding $200 million in value. Developments include several large industrial parks, a mixed-use project on 110 acres, shopping centers and manufactured home communities. Public service positions include: Served on the board of Detroit Public Television from 2011 - 2020 Appointed by Gov. Rick Snyder in January 2011 to the Michigan State Transportation Commission, whose role is to develop and implement policy and transportation plans for the Michigan Department of Transportation (MDOT). Currently serves as its Chairman. Currently a member of the Board of Trustees of the Henry Ford Health System Foundation. Appointment by Gov. Jennifer Granholm in 2008 to the Michigan Economic Development Corporation (MEDC) board and executive committee, where he served until December 2010. In this oversight position, Wyett helped shape policies for state site location assistance, job training grants, tourism promotion and business retention, expansion and relocation projects. Appointment by Gov. Granholm to the Michigan State Waterways Commission from 2005-07, including a year as its elected chairman. Wyett graduated from Milton Academy in Massachusetts and Swarthmore College in Pennsylvania. He previously served on the Board of the Founders Junior Council at The Detroit Institute of Arts.