Category: News

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

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”

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, 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

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

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

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

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

The Wall Street Journal By: Michael Lewis St. Regis, the latest structure by Windy City architect Jeanne Gang, is a mixed-use tower that undulates as it rises and is the tallest building designed by a woman