Magellan Development Group

IllinoisMultifamily

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…

IllinoisHospitalityMultifamily

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…

Pre-sales begin at newest Lakeshore East multifamily development, Cirrus

Lendlease Development and co-developer Magellan Development Group have started pre-sales for Cirrus, a 47-story, 363-unit luxury condominium tower at 211 N. Harbor Drive, along Chicago's…

Magellan Development’s Village Market retail center in Chicago to debut first tenants

The Village Market retail center bordering Chicago's Lakeshore East neighborhood on the New Eastside will open Oct. 4 with the debut of the bi-level Mariano's…