MAGELLAN DEVELOPMENT GROUP LLC
Magellan Development Group LLC
Developer
Master developer Magellan Development Group is committed to creating premier, environmentally-sensitive urban communities. Magellan blends innovative architectural design with high-quality construction that seeks to enrich developed trend-setting neighborhoods with amenities that meet and set new standards of civic and municipal objectives.
In addition, Magellan is committed to ensuring that the design and construction of every building include environmentally-sensitive processes and practices that are LEED-certified. Since its inception Magellan has established a reputation as a prolific and accomplished developer with more than 30 projects. Magellan concentrates on high-rise residential projects and its principals, co-CEOs Joel Carlins and James Loewenberg and President David Carlins have completed roughly 15,000 residential condominiums and apartments in its portfolio. Magellan has also designed and developed a wide variety of other projects in Chicago.
Magellan goes beyond designing and creating residential developments. Magellan transforms and energizes neighborhoods. Chicago’s River North and the Gold Coast neighborhoods are thriving today because of the impact of Magellan’s residential developments. The vision for Lakeshore East is transforming a difficult and complex site into a new $4 billion, multiply-awarded neighborhood planned for 4,950 residential units and a six-acre park. More than 3,000 residential units have been completed or are under construction in the span of only six years. Lakeshore East is believed to be the largest parcel of downtown land in development in urban America.
Magellan approaches business with trust and respect resulting in long-term relationships with partners, lenders, contractors, consultants, and City of Chicago agencies. Magellan continues to set new standards for neighborhoods, environmentally-sensitive tall residential buildings and individual unit design for the 21st century. It is a stunning new reality that has captured the imagination of residents.
Crain’s Chicago Business named Magellan Development Group LLC Chicago’s top “Largest Home Builders” in 2009. In addition, Magellan Development is number 40 in Professional Builder Annual Reports of Housing Giants which covers the largest 350 builders in the United States. Magellan also has a number of affiliated companies, including Loewenberg Architects, NNP Residential, Magellan Realty, Joel M. Carlins Associates and Titan Commercial.
