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…

Magellan Development enters venture partnership with Winter Properties, BLG Capital Advisors

Chicago-based Magellan Development Group, a vertically integrated developer, owner and operator specializing in mixed-use, urban high-rise development, has closed on a capital investment and venture…

Magellan Development Group

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