Chicago Real Estate Company | Magellan Development
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Discovering New and Innovative Ways to Live

We are committed to developing premier, environmentally-sensitive urban communities, combining modern architectural design with high-quality construction.

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Since 1996, we’ve successfully completed 27 large-scale, residential, and mixed-use projects. We’ve mastered complex high-rise conditions while remaining on-time and on-budget.
We bring multiple areas of development under one roof, drawing on the diverse experience of our principals, employees, and affiliated firms. Working collaboratively across teams and with joint venture partners, we’ve executed large-scale projects in various markets across the US.
Our construction team of experienced professionals are trained to manage construction activities on behalf of ownership. This allows us to make decisions in a timely manner, critical in large-scale projects.
Our property management team brings a deep understanding of luxury living to every rental and condominium property we develop, manage, market, and operate. Our expertise creates the ultimate lifestyle experience for our residents.
We promote sustainability by minimizing the carbon footprint of our projects and considering the environment during planning, design, construction and operations, we have been committed to sustainability for the past several decades.
Lakeshore East, our award-winning 28-acre master-planned community, is pre-zoned for an aggregate of approximately 10 million square feet of occupied space with a variety of pre-approved uses. These uses include residential, commercial, hotel, retail and educational, all surrounding the perimeter of a magnificent 6-acre...

Vista Tower

363 East Wacker Drive

  • Number of Stories: 101
  • Residential For Sale Units: 406
  • Hotel Rooms: 191
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5th and Brazos

Brazos St & E 5th St

  • Number of Stories: 32
  • Residential Rental Units: 323
  • Hotel Rooms: 438
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USQ

31 Union Square

  • Site Size: 676,924 sf
  • Allowable Density:2,399,111sf
  • 900-990 New Residences
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Midtown Five

125 NE 32nd St

  • Number of Stories: 24
  • Residential Rental Units: 400
  • Retail Space: 24,999 sf
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LPM Apartments

1369 Spruce Place

  • Number of Stories: 36
  • Residential Rental Units: 354
  • Retail Space: 21,900 sf
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The SoBro

205 Demonbreun

  • Number of Stories: 32
  • Residential Rental Units: 313
  • Retail Space: 19,949 sf
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Chicago

Vista Tower

363 East Wacker Drive

  • Number of Stories: 101
  • Residential For Sale Units: 406
  • Hotel Rooms: 191
View Project
Austin

5th and Brazos

Brazos St & E 5th St

  • Number of Stories: 32
  • Residential Rental Units: 323
  • Hotel Rooms: 438
View Project
Somerville

USQ

31 Union Square

  • Site Size: 676,924 sf
  • Allowable Density:2,399,111sf
  • 900-990 New Residences
View Project
Miami

Midtown Five

125 NE 32nd St

  • Number of Stories: 24
  • Residential Rental Units: 400
  • Retail Space: 24,999 sf
View Project
Minneapolis

LPM Apartments

1369 Spruce Place

  • Number of Stories: 36
  • Residential Rental Units: 354
  • Retail Space: 21,900 sf
View Project
Nashville

The SoBro

205 Demonbreun

  • Number of Stories: 32
  • Residential Rental Units: 313
  • Retail Space: 19,949 sf
View Project
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Our properties attract residents and partners that are dedicated to the high-quality, innovative product unique to the Magellan brand. In collaboration with our affiliated companies, we offer a range of additional services.

Magellan Realty LLC is Chicago’s leading condominium brokerage expert in the downtown market. Whether buying or selling a residence, they understand the importance of every real estate transaction.

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Magellan Property Management brings a deep understanding of luxury living to every rental property they manage, market, and operate. They continue to set new standards for the urban residential experience.

Magellan Investment Partners, LLC leverages the acquisition and investment expertise of our principles to acquire existing core plus and value add multi-family properties in key markets.

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bKL Architecture is a team of passionate designers and practitioners with expertise in a variety of markets and project types. They design sophisticated, inspiring spaces and structures that are timeless yet forward-thinking.

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Affiliates

Our properties attract residents and partners that are dedicated to the high-quality, innovative product unique to the Magellan brand. In collaboration with our affiliated companies, we offer a range of additional services.

Sales

Magellan Realty LLC is Chicago’s leading condominium brokerage expert in the downtown market. Whether buying or selling a residence, they understand the importance of every real estate transaction.

Learn More
Property Management & Leasing

Magellan Property Management brings a deep understanding of luxury living to every rental property they manage, market, and operate. They continue to set new standards for the urban residential experience.

Investment Services

Magellan Investment Partners, LLC leverages the acquisition and investment expertise of our principles to acquire existing core plus and value add multi-family properties in key markets.

Learn More
Architecture

bKL Architecture is a team of passionate designers and practitioners with expertise in a variety of markets and project types. They design sophisticated, inspiring spaces and structures that are timeless yet forward-thinking.

Learn More