Magellan Development Group LLC Email Format
Real EstateIllinois, United States51-200 Employees
Magellan Development Group LLC is a Chicago-based real estate developer offering a fully integrated suite of services, including development, architecture and design, construction management, sales and marketing, leasing, and property management. Since its founding in 1996, Magellan has completed twenty-one large-scale projects totaling more than seven thousand residential units and over half a million square feet of commercial space. The firm has earned more than sixty awards for excellence and is known for complex high-rise residential and mixed-use developments, including the award-winning Aqua building. Its Lakeshore East master-planned community—a $4 billion, 28-acre development—interweaves green space and urban amenities and is envisioned as a multi-use village in the heart of Chicago. Magellan maintains strong relationships with real estate lenders, institutions and investors, supported by a favorable financial position. The company is led by co-CEOs Joel Carlins and James Loewenberg, with President David Carlins, and employs 51 to 200 people.