Magellan Development Group

Chicago, United States

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Description

Specialties

Magellan Development Group one of Chicago’s largest real estate developers specializing in urban residential and mixed-​use high-​rises in downtown Chicago’s best locations. Our crown jewel is Chicago’s Lakeshore East, a 28-​acre master planned community situated in the East Loop where the river meets the lake next to Millennium Park. Lakeshore East features a 6-​acre park at its centerpiece along with completed luxury condominiums for sale and apartments for rent including The Lancaster, The Shoreham, The Regatta, The Chandler, The Tides, 340 on the Park, Aqua, and The Benton Place Parkhomes. Lakeshore East’s newest openings include the Radisson Blu Hotel Aqua and the Village Market Center featuring Mariano’s Fresh Market, and III Forks Prime Steakhouse. Currently under construction is Coast at Lakeshore East, a luxury apartment tower with a planned opening of February 2013. Condominiums currently for sale include Aqua Tower, Aqua Parkhomes and Benton Place Parkhomes.

History

Established in 1996.

Magellan Development Group, LLC is a recently formed corporate partnership stemming from a long term collaboration between the Magellan Development Group and NNP Residential & Development, two of Chicago’s more prominent real estate organizations.

Magellan is credited with revitalizing urban residential living in Chicago in both the River North and New East side neighborhoods.

Meet the Business Owner

Magellan D.

Business Owner

The co-​chief executive officers of Magellan Development are Joel Carlins and James Loewenberg, the president is David Carlins.

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Magellan D. says,

«Another great restaurant near our community.»

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Gastropubs

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Magellan D. says,

«A fantastic gastropub near our Lakeshore East community.»

Morton’s The Steakhouse

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Magellan D. says,

«A Chicago institution and a great place to grab a fantastic steak within walking distance of Lakeshore East.»