Magellan Development Group is a family-owned company that was founded in 1996. To date, Magellan has developed 33 mostly mixed-use communities encompassing nearly 12,000 residential units, that in aggregate have generated over $8 billion in value. Magellan is perhaps best known for its Lakeshore East mixed-use development in downtown Chicago, Illinois, USA. Magellan is the premier developer of mix
ed-use properties in Chicago and has extended its footprint to other major U.S. cities, including Minneapolis, Miami, Nashville, Austin, and Somerville, MA. Global in scope, Magellan Development Group is a successful and reputable developer,
judged not only by the financial performance of its projects, but in the esteem of
its international investors, joint venture partners, lenders, renters, buyers, consultants,
contractors, as well as government officials. To achieve this success, Magellan has
internally developed a multiple number of skills and developer disciplines including:
astute property acquisition analysis, market knowledge, zoning expertise, construction
management proficiency, and sales and leasing performance. Furthermore,
Magellan maintains solid financial relationships and employs general contractors and
subcontractors whose state-of-the-art methods are efficient, timely and cost-effective. For more information on Magellan Development Group, please visit: www.magellandevelopment.com.
