Developer Teams Up with Alderman Brendan Reilly to Offer Access to New Outdoor Space
CHICAGO – July 12, 2017 – In their efforts to contribute world-class buildings and creative spaces to Chicago, Magellan Development Group and MAC Management will host a ribbon-cutting event with 42nd Ward Alderman Brendan Reilly at Exhibit on Superior to unveil a new artistic outdoor oasis that brings 8,400 sq. ft. of needed green space to the vibrant River North neighborhood. Exhibit on Superior is a smart-living luxury residential tower built by Magellan Development Group and MAC Management.
“Magellan is committed to creating access to green spaces throughout the city – first with the development of Lakeshore East and now in River North,” says Robin Loewenberg Tebbe, Chief Marketing Officer, Magellan Development Group. “We’re pleased to offer residents a beautiful outdoor space to relax in and appreciate artwork that reflects our mission to inspire creativity, not only within our developments, but throughout the community.”
Located on the west exterior of Exhibit on Superior, the green space accentuates the unique artistic aesthetic of the building’s interior with the addition of “Turning Triangle” –a unique sculpture designed by leading Swedish Artist Pål Svensson. The piece features a triangle-shaped monolith that spirals in the middle, carved from a single boulder of Swedish diabase granite, adding to Svensson’s extensive list of 40 public commissions.
“In such a dense and popular part of the city, green spaces are often challenging to find especially when land development is often the first request,” said Alderman Reilly. “One of my priorities in the 42nd Ward is to create new open spaces by collaborating with conscientious corporate citizens, like Magellan and MAC, that share a similar commitment to achieving this goal.”
The opening of the urban green space coincides with the grand opening of Left Coast Food & Juice adjacent to the lobby of Exhibit on Superior. The chef-driven eatery incorporates seamlessly into Exhibit on Superior’s tailormade vibe, offering residents and neighbors nutritious, on-the-go dining options made with fresh, responsibly sourced ingredients. Featuring enticing greens, grains and wraps crafted by culinary virtuoso and Blackbird alumni Chef Paul Kahan, the menu’s elevated approach to “health food” appeals to health-conscious eaters and discerning foodies alike.
Exhibit on Superior is located at 165 West Superior St, Chicago, IL. For leasing information, visit www.rentatexhibit.com. Please contact Deanna Yates at (312) 661-5000 for rental inquiries.
About Exhibit on Superior
Exhibit on Superior is a sophisticated, modern and amenity-packed 34-floor residential tower in the heart of River North built by Magellan Development and MAC Management. The 298-unit apartment building is skillfully curated to inspire. Designed by bKL Architecture, prospective residents can choose an apartment to suit the unique way they live. From tastefully simple studios to sleek convertible, 1- 2- and 3-bedroom apartments, every space is decked out with a host of smart and stylish features. A LEED Silver designed building, Exhibit provides an eco-friendly choice among the many residential high rises in River North. Our philosophy matches our slogan: Smart Living on Display.
About Magellan Development Group
Magellan Development Group is a family owned company that was founded in 1996. To date, Magellan is the premier developer of mixed-use properties in Chicago. From conception to completion, Magellan looks after all aspects of the development process and has unique experience in interrelated fields of real estate design, construction management, development, development consultation, architecture, leasing, sales and marketing. Magellan is responsible for the Lakeshore East masterplan and development, which is regarded as one of the most vibrant communities in the city of Chicago.
The Lakeshore East community is an example of Magellan’s commitment to environmentally-sensitive urban communities, innovative design and high-quality construction. Since its founding, Magellan Development has completed over 25 large-scale, residential and mixed-use projects. Magellan also has a footprint in other major U.S. cities, including Minneapolis, Miami, Nashville, and Somerville, MA.
For more information on Magellan Development Group, please visit: www.magellandevelopment.com.
About Mac Management
Established in 1980, MAC Management (“MAC”) is a real estate management and development company, which specializes in office, retail and residential real estate in Chicago, Illinois.
As an opportunistic, privately held real estate company, MAC is both an active and passive participant in a diverse range of real estate transactions across all stages of development. MAC seeks to leverage its deep roots in the Chicago community and in particular the River North neighborhood, as well as its decades of experience in real estate management and operations, to create and add value wherever possible.
For more information on MAC Management, please visit: www.macmgmt.com.