News Archives - Magellan Development Group

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Lettuce Entertain You reveals plans for two restaurants at St. Regis Chicago

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By Louisa Chu | Chicago Tribune The biggest restaurant group in Chicago just revealed the chefs and concepts it will open next year in one of the newest skyscrapers in the city. Lettuce Entertain You Enterprises will open a Japanese restaurant and a Tuscan steakhouse at the St. Regis Chicago in the Lakeshore East neighborhood. The… Continue Reading Lettuce Entertain You reveals plans for two restaurants at St. Regis Chicago

Cascade in Chicago achieves early stabilization

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503-unit rental tower in Lakeshore East neighborhood is 99% leased just one year after opening (CHICAGO, Sept. 21, 2022) — Lendlease, a leading global real estate and investment group, along with co-developer Magellan Development Group, announced that Cascade, a 37-story, 503-unit luxury apartment tower in Chicago’s Lakeshore East neighborhood, reached 99% leased just 12 months after… Continue Reading Cascade in Chicago achieves early stabilization

• WSJ NEWS EXCLUSIVE Downtown Chicago Condo Sells for $20.56 Million, Becoming the City’s Priciest Sale of 2022

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By Libertina Brandt The 5-bedroom unit at the Residences at the St. Regis Chicago has its own private outdoor pool A condo unit in Downtown Chicago with a private outdoor pool has sold for $20.56 million, the developer said. The 5-bedroom unit is located at the Magellan Development Group’s Residences at the St. Regis Chicago, according to Sean… Continue Reading • WSJ NEWS EXCLUSIVE Downtown Chicago Condo Sells for $20.56 Million, Becoming the City’s Priciest Sale of 2022

Sienna at the Thompson Austin Names Musician Cameron Rafferty Its “Sienna Star”

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Sienna at the Thompson Austin Supports Local Singer/Songwriter’s Career with Free Rent for a Year in the Heart of the Live Music Capital of the World AUSTIN, Texas—June 23, 2022. Sienna at the Thompson Austin, a luxe high-rise apartment community located within Thompson Austin, a Hyatt hotel, and tommie Austin, a JdV by Hyatt hotel,… Continue Reading Sienna at the Thompson Austin Names Musician Cameron Rafferty Its “Sienna Star”

MAGELLAN DEVELOPMENT GROUP & STERLING BAY LAUNCHES PRE-LEASING FOR MILLIE ON MICHIGAN AVENUE

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Leasing Opportunities Now Available at Chicago’s Newest Luxury Residential Tower Magellan Development Group, in partnership with Sterling Bay, Chicago’s premier real estate investment and development firm, has announced that Millie on Michigan, a luxe residential tower located at 300 N Michigan Avenue, is now pre-leasing for July move-ins. Rising 47-stories above Chicago’s Millennium Mile, Millie… Continue Reading MAGELLAN DEVELOPMENT GROUP & STERLING BAY LAUNCHES PRE-LEASING FOR MILLIE ON MICHIGAN AVENUE

Lendlease and Magellan Development Group welcome first move-ins at Cirrus Condominiums in Chicago’s Lakeshore East neighborhood

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Lendlease, along with Magellan Development Group, announced first move-ins at Cirrus, the 47-story, 350-unit luxury condominium tower at 211 N. Harbor Drive, within the Lakeshore East neighborhood at the confluence of Lake Michigan and the Chicago River. Developed in conjunction with a new publicly accessible green space, Cascade Park, and the adjacent 37-story Cascade apartment tower, Cirrus offers buyers… Continue Reading Lendlease and Magellan Development Group welcome first move-ins at Cirrus Condominiums in Chicago’s Lakeshore East neighborhood

Chicago Chefs Cook For Ukraine

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Magellan Development Group is a proud sponsor of Chicago Chefs Cook for Ukraine.  CHICAGO CHEFS COOK FOR UKRAINE PRESENTED BY LIFEWAY FOODS Chicago chefs rally a grassroots effort to raise funds for humanitarian relief at a special fundraiser on March 16, 2022 Chicago chefs have a long history of uniting for good.  On Wednesday, March… Continue Reading Chicago Chefs Cook For Ukraine

The Plan: St. Regis Chicago Sculptured High-Rise

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Click on the link below to read the article on Jeanne Gang and The St. Regis Tower Chicago in The Plan. Click here

Magellan Development Group Announces Sienna at the Thompson Austin Now Open

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Leasing of Sienna at the Thompson Residences Picks Up Pace as Construction of the Ultra-Luxurious, Highly Amenitized Apartments Crowning the Thompson Austin and tommie Austin Hotels Nears Completion. AUSTIN, Texas—March 3, 2021. Chicago-based Magellan Development Group — in partnership with BLG Capital Advisors, Geolo Capital and Wanxiang America Real Estate Group — announced Sienna at… Continue Reading Magellan Development Group Announces Sienna at the Thompson Austin Now Open

USQ Breaks Ground on $2 Billion, 15-Acre Development in Somerville

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By Boston Real Estate Times SOMERVILLE, MA –US2, the Designated Master Developer working in partnership with the community, the Somerville Redevelopment Authority and the City of Somerville, on Wednesday broke ground on $2 Billion, 15-Acre Development in Somerville, MA. Somerville’s most historic neighborhood, Union Square, embarks on a momentous transformation and readies for an economic revival… Continue Reading USQ Breaks Ground on $2 Billion, 15-Acre Development in Somerville