Residential Developers in Chicago | Magellan Development
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Discovering New and Innovative Ways to Live

We are among Chicago’s leading residential development companies. As real estate developers 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 over 30 large-scale, residential, and mixed-use development projects. Our real estate developers and experts have mastered complex high-rise sites and conditions while remaining on-time and on-budget.
We bring multiple areas of real estate development services under one roof, drawing on the diverse experience of our principals, employees, and affiliated firms. Synergy between the company’s departments, along with joint venture partners and consultants, has proved to be effective in executing large-scale projects.
Our construction team of experienced real estate developers are trained to manage construction activities on behalf of ownership. This allows us to make decisions in a timely manner, which we know is critical in large-scale real estate development projects.
Our Chicago real estate 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.
From concept to completion, all of our developments are designed with the environment in mind.  We promote sustainability by minimizing the carbon footprint of our projects and considering the environment throughout the process.  We have been recognized as “Best in Class” innovators in green roofs, low-E tinted glass,...
Lakeshore East, our award-winning 28-acre master-planned community, is pre-zoned for an aggregate of approximately 10 million SF of occupied space with a variety of pre-approved uses. The site incorporates residential, commercial, hotel, retail, educational and green space. 

The St. Regis Chicago

363 East Wacker Drive

  • Number of Stories: 101
  • Residential For Sale Units: 393
  • Hotel Rooms: 191
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Sienna at The Thompson

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

The St. Regis Chicago

363 East Wacker Drive

  • Number of Stories: 101
  • Residential For Sale Units: 393
  • Hotel Rooms: 191
View Project
Austin

Sienna at The Thompson

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