Watch List: Four developments redefining Chicago’s next era
Chicago invented the skyscraper, rebuilt itself from ashes and turned its lakefront into a public trust. The city's development story has never stood still and…
Magellan Development Group
Tree Street Group, Magellan Development Group close on financing for Chicago’s first geothermal, all-electric multifamily high-rise
Tree Street Group and development partners Magellan Development Group and Mark Goodman & Associates announced the sponsorship has closed on construction financing with Bank OZK, which provided a…
Sterling Bay, Magellan Development Group launch pre-leasing for Millie on Michigan
Sterling Bay, in partnership with Magellan Development Group, has announced that Millie on Michigan, a luxury residential tower located at 300 N. Michigan Ave., is now…
Lendlease and Magellan Development celebrate first move-ins at new Lakeshore East tower
Lendlease (ASX: LLC), a leading global real estate group, along with co-developer Magellan Development Group, announced that the first residents have moved into Cascade, a 37-story, 503-unit luxury…
Joel Carlins on his career, Lakeshore East, and building a village in the heart of the city
The world of real estate is one of high risk and high reward, and developer Joel Carlins certainly understands the intricacies of this dynamic from…
Leasing begins at new Lakeshore East apartment tower
Lendlease, along with co-developer Magellan Development Group, today announced the start of pre-leasing at Cascade, a 37-story, 503-unit luxury apartment tower at 455 E. Waterside…
Lendlease and Magellan Development Group top off Cirrus and Cascade in Chicago’s Lakeshore East
Lendlease, along with Magellan Development Group, announced the topping-off of Cirrus, a 47-story, 350-unit luxury condominium tower at 211 N. Harbor Drive, and Cascade, a…
Sterling Bay, Magellan Development break ground on mixed-use Michigan Avenue tower
Sterling Bay and Magellan Development Group broke ground on 300 N Michigan Avenue, a brand-new 47-story tower located between Millennium Park and the Chicago Riverwalk.…
A rise in office vacancies could point to a diversifying Chicago Loop
Some employees have returned to their Loop offices, but many are still working remotely. This could be the trailhead for a long-term trend, with more…
David Carlins appointed CEO of Magellan Development following new investor parnership
David J. Carlins has been appointed CEO of Magellan Development Group. Following the completion of a capital investment and venture partnership with Winter Properties and…