Magellan Development Group is a premier real estate development firm based in Chicago, renowned for its expertise in creating complex, mixed-use developments that redefine urban living. Since its establishment in 1996, the company has successfully completed more than $8 billion in residential, commercial, and mixed-use projects spanning cities such as Austin, Miami, Minneapolis, and Nashville.
Specializing in high-rise residential buildings, Magellan has developed over 11,000 residential units, including notable landmarks like the St. Regis Chicago, which houses the city's highest condominium and has achieved landmark sales in the luxury segment. The company is committed to excellence throughout the development process— from conceptualization to completion, ensuring projects are delivered on time and within budget.
Magellan is also recognized for its innovative approach to sustainable design, implementing environmentally friendly practices across its developments, such as green roofs and energy-efficient materials. A model of collaboration, the company integrates various aspects of real estate from property management to asset management, ensuring comprehensive oversight and superior service across its projects. This synergy enables Magellan to maximize investment returns while continuously setting new standards for urban residential living.
Over the years, Magellan has earned over 60 awards for excellence in real estate development, solidifying its reputation as a leader in the industry. With a dedicated team of seasoned professionals, the firm continues to push boundaries, leveraging its extensive experience and innovative strategies to shape vibrant communities that enhance the urban landscape.
