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Magellan Development Group Menu * Our Company * Projects * Magellan Difference * News & Innovations * Contact Us * Privacy Policy * Careers * Sitemap * ©2023 Magellan Development Group, LLC. All Rights Reserved. Built by Clique Studios * Home * Our Company// * Expertise// * Projects// * News// * Affiliates// * Let's Talk// * Skip Intro We envision We plan We design We build We build communities Scroll To Explore 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 Show All Projects SIENNA AT THE THOMPSON Brazos St & E 5th St * Number of Stories: 32 * Residential Rental Units: 323 * Hotel Rooms: 438 View Project Show All Projects USQ 31 Union Square * Site Size: 676,924 sf * Allowable Density:2,399,111sf * 900-990 New Residences View Project Show All Projects MIDTOWN FIVE 125 NE 32nd St * Number of Stories: 24 * Residential Rental Units: 400 * Retail Space: 24,999 sf View Project Show All Projects LPM APARTMENTS 1369 Spruce Place * Number of Stories: 36 * Residential Rental Units: 354 * Retail Space: 21,900 sf View Project Show All Projects 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. 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