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…
Magellan Development Group
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…
Lendlease, Magellan break ground on two Lakeshore East residential towers
Lendlease and co-developer Magellan Development Group celebrated the groundbreaking of Cirrus, a 47-story condominium tower along Chicago's lakefront in the Lakeshore East community. Scheduled for…
There’s still fuel in the tank for Chicago’s luxury apartment sector
Numerous deconversions, rehabilitations and ground-up developments have brought an unprecedented number of luxury units to market in Chicago. There is a finite supply of people…
Vista Tower tops out in Chicago at 101 stories
Magellan Development Group, the developers behind Vista Tower, celebrated a significant milestone last week as crews from McHugh Construction placed the final beam, signifying its…
