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Magellan Development Group

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DISCOVERING NEW AND INNOVATIVE WAYS TO LIVE

We are among Chicago’s leading residential development companies. As real estate
developers we are committed to developing premier, environmentally-sensitive
urban communities, combining modern architectural design with high-quality
construction

 

Learn More






 * High-Rise Chicago Real Estate Development Specialists
   
   Since 1996, we’ve successfully completed over 30 large-scale, residential,
   and mixed-use development projects. Our real estate developers and experts
   have mastered complex high-rise sites and conditions while remaining on-time
   and on-budget.

 * Real Estate Development Services
   
   We bring multiple areas of real estate development services under one roof,
   drawing on the diverse experience of our principals, employees, and
   affiliated firms. Synergy between the company’s departments, along with joint
   venture partners and consultants, has proved to be effective in executing
   large-scale projects.

 * Construction Management Services
   
   Our construction team of experienced real estate developers are trained to
   manage construction activities on behalf of ownership. This allows us to make
   decisions in a timely manner, which we know is critical in large-scale real
   estate development projects.

 * Property Management
   
   Our Chicago real estate property management team brings a deep understanding
   of luxury living to every rental and condominium property we develop, manage,
   market, and operate. Our expertise creates the ultimate lifestyle experience
   for our residents.

 * Sustainable Design
   
   From concept to completion, all of our developments are designed with the
   environment in mind.  We promote sustainability by minimizing the carbon
   footprint of our projects and considering the environment throughout the
   process.  We have been recognized as “Best in Class” innovators in green
   roofs, low-E tinted glass,...

 * Master Planning and Parks
   
   Lakeshore East, our award-winning 28-acre master-planned community, is
   pre-zoned for an aggregate of approximately 10 million SF of occupied space
   with a variety of pre-approved uses. The site incorporates residential,
   commercial, hotel, retail, educational and green space. 

Since 1996, we’ve successfully completed over 30 large-scale, residential, and
mixed-use development projects. Our real estate developers and experts have
mastered complex high-rise sites and conditions while remaining on-time and
on-budget.
We bring multiple areas of real estate development services under one roof,
drawing on the diverse experience of our principals, employees, and affiliated
firms. Synergy between the company’s departments, along with joint venture
partners and consultants, has proved to be effective in executing large-scale
projects.
Our construction team of experienced real estate developers are trained to
manage construction activities on behalf of ownership. This allows us to make
decisions in a timely manner, which we know is critical in large-scale real
estate development projects.
Our Chicago real estate property management team brings a deep understanding of
luxury living to every rental and condominium property we develop, manage,
market, and operate. Our expertise creates the ultimate lifestyle experience for
our residents.
From concept to completion, all of our developments are designed with the
environment in mind.  We promote sustainability by minimizing the carbon
footprint of our projects and considering the environment throughout the
process.  We have been recognized as “Best in Class” innovators in green roofs,
low-E tinted glass,...
Lakeshore East, our award-winning 28-acre master-planned community, is pre-zoned
for an aggregate of approximately 10 million SF of occupied space with a variety
of pre-approved uses. The site incorporates residential, commercial, hotel,
retail, educational and green space. 

Chicago
Austin
Boston
Miami
Minneapolis
Nashville


THE ST. REGIS CHICAGO

363 East Wacker Drive

 * Number of Stories: 101
 * Residential For Sale Units: 393
 * Hotel Rooms: 191

View Project

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SIENNA AT THE THOMPSON

Brazos St & E 5th St

 * Number of Stories: 32
 * Residential Rental Units: 323
 * Hotel Rooms: 438

View Project

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USQ

31 Union Square

 * Site Size: 676,924 sf
 * Allowable Density:2,399,111sf
 * 900-990 New Residences

View Project

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MIDTOWN FIVE

125 NE 32nd St

 * Number of Stories: 24
 * Residential Rental Units: 400
 * Retail Space: 24,999 sf

View Project

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LPM APARTMENTS

1369 Spruce Place

 * Number of Stories: 36
 * Residential Rental Units: 354
 * Retail Space: 21,900 sf

View Project

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THE SOBRO

205 Demonbreun

 * Number of Stories: 32
 * Residential Rental Units: 313
 * Retail Space: 19,949 sf

View Project

Show All Projects



Chicago


THE ST. REGIS CHICAGO

363 East Wacker Drive

 * Number of Stories: 101
 * Residential For Sale Units: 393
 * Hotel Rooms: 191

View Project
Austin


SIENNA AT THE THOMPSON

Brazos St & E 5th St

 * Number of Stories: 32
 * Residential Rental Units: 323
 * Hotel Rooms: 438

View Project
Somerville


USQ

31 Union Square

 * Site Size: 676,924 sf
 * Allowable Density:2,399,111sf
 * 900-990 New Residences

View Project
Miami


MIDTOWN FIVE

125 NE 32nd St

 * Number of Stories: 24
 * Residential Rental Units: 400
 * Retail Space: 24,999 sf

View Project
Minneapolis


LPM APARTMENTS

1369 Spruce Place

 * Number of Stories: 36
 * Residential Rental Units: 354
 * Retail Space: 21,900 sf

View Project
Nashville


THE SOBRO

205 Demonbreun

 * Number of Stories: 32
 * Residential Rental Units: 313
 * Retail Space: 19,949 sf

View Project
Show All Projects



NEWS

View All News

07/27/2021



News

07/27/2021


USQ BREAKS GROUND ON $2 BILLION, 15-ACRE DEVELOPMENT IN SOMERVILLE

Read More


09/26/2022



News

09/26/2022


CASCADE IN CHICAGO ACHIEVES EARLY STABILIZATION

Read More


05/17/2023



News

05/17/2023


PRELEASING BEGINS AT PROSPECT UNION SQUARE, OFFERING A MODERN, ELEVATED
LIFESTYLE IN THE HEART OF...

Read More


09/26/2022

News

09/26/2022


• WSJ NEWS EXCLUSIVE DOWNTOWN CHICAGO CONDO SELLS FOR $20.56 MILLION, BECOMING
THE CITY’S PRICIEST...

Read More


05/19/2023



News

05/19/2023


ST. REGIS HOTELS & RESORTS DEBUTS THE ST. REGIS CHICAGO, AN ARCHITECTURAL MARVEL
FOREVER CHANGING...

Read More


03/3/2022



News

03/3/2022


MAGELLAN DEVELOPMENT GROUP ANNOUNCES SIENNA AT THE THOMPSON AUSTIN NOW OPEN

Read More


07/27/2021



News

07/27/2021


USQ BREAKS GROUND ON $2 BILLION, 15-ACRE DEVELOPMENT IN SOMERVILLE

Read More


09/26/2022



News

09/26/2022


CASCADE IN CHICAGO ACHIEVES EARLY STABILIZATION

Read More


05/17/2023



News

05/17/2023


PRELEASING BEGINS AT PROSPECT UNION SQUARE, OFFERING A MODERN, ELEVATED
LIFESTYLE IN THE HEART OF...

Read More


09/26/2022

News

09/26/2022


• WSJ NEWS EXCLUSIVE DOWNTOWN CHICAGO CONDO SELLS FOR $20.56 MILLION, BECOMING
THE CITY’S PRICIEST...

Read More


05/19/2023



News

05/19/2023


ST. REGIS HOTELS & RESORTS DEBUTS THE ST. REGIS CHICAGO, AN ARCHITECTURAL MARVEL
FOREVER CHANGING...

Read More


03/3/2022



News

03/3/2022


MAGELLAN DEVELOPMENT GROUP ANNOUNCES SIENNA AT THE THOMPSON AUSTIN NOW OPEN

Read More


07/27/2021



News

07/27/2021


USQ BREAKS GROUND ON $2 BILLION, 15-ACRE DEVELOPMENT IN SOMERVILLE

Read More


09/26/2022



News

09/26/2022


CASCADE IN CHICAGO ACHIEVES EARLY STABILIZATION

Read More


05/17/2023



News

05/17/2023


PRELEASING BEGINS AT PROSPECT UNION SQUARE, OFFERING A MODERN, ELEVATED
LIFESTYLE IN THE HEART OF...

Read More


09/26/2022

News

09/26/2022


• WSJ NEWS EXCLUSIVE DOWNTOWN CHICAGO CONDO SELLS FOR $20.56 MILLION, BECOMING
THE CITY’S PRICIEST...

Read More

View All News
 * Affiliates
 * Sales
 * Property Management & Leasing
 * Investment Services
 * Architecture

Our properties attract residents and partners that are dedicated to the
high-quality, innovative product unique to the Magellan brand. In collaboration
with our affiliated companies, we offer a range of additional services.

Magellan Realty LLC is Chicago’s leading condominium brokerage expert in the
downtown market. Whether buying or selling a residence, they understand the
importance of every real estate transaction.

Learn More

Magellan Property Management brings a deep understanding of luxury living to
every rental property they manage, market, and operate. They continue to set new
standards for the urban residential experience.

Magellan Investment Partners, LLC leverages the acquisition and investment
expertise of our principles to acquire existing core plus and value add
multi-family properties in key markets.

Learn More

bKL Architecture is a team of passionate designers and practitioners with
expertise in a variety of markets and project types. They design sophisticated,
inspiring spaces and structures that are timeless yet forward-thinking.

Learn More

Affiliates

Our properties attract residents and partners that are dedicated to the
high-quality, innovative product unique to the Magellan brand. In collaboration
with our affiliated companies, we offer a range of additional services.

Sales

Magellan Realty LLC is Chicago’s leading condominium brokerage expert in the
downtown market. Whether buying or selling a residence, they understand the
importance of every real estate transaction.

Learn More
Property Management & Leasing

Magellan Property Management brings a deep understanding of luxury living to
every rental property they manage, market, and operate. They continue to set new
standards for the urban residential experience.

Investment Services

Magellan Investment Partners, LLC leverages the acquisition and investment
expertise of our principles to acquire existing core plus and value add
multi-family properties in key markets.

Learn More
Architecture

bKL Architecture is a team of passionate designers and practitioners with
expertise in a variety of markets and project types. They design sophisticated,
inspiring spaces and structures that are timeless yet forward-thinking.

Learn More



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