About Magellan Development Group LLC
Since its inception in 1996, Magellan Development Group (“Magellan”) has established a reputation as a prolific and accomplished Chicago real estate developer. With unparalleled success, Magellan has mastered complex high-rise residential and mixed-use development. Magellan’s co-CEOs, Joel Carlins and James Loewenberg, together with President David Carlins, have successfully developed and completed twenty-one large-scale projects ($5 billion of residential, mixed-use and commercial) totaling over seven thousand residential units and an excess of a half a million square feet of commercial space. The company maintains a favorable financial position and fosters long-standing relationships with a variety of real estate lenders, institutions and investors.
Magellan has received over sixty awards for excellence. The company broke new ground with the award-winning Aqua building by combining retail, commercial, rental apartments, condominiums, town homes, and a hotel into a single tower. Magellan and its affiliates have designed and developed a wide variety of award-winning projects including multifamily, commercial, institutional, governmental, educational, medical and hospitality uses.
Magellan’s vision for its master-planned Lakeshore East community has transformed a challenging and complex site into one of the crown jewels of the City – a $4 billion, 28-acre neighborhood which skillfully interweaves green and open space throughout the development. It is truly a village in the heart of the City. Currently, approximately 60 percent complete, Lakeshore East will ultimately be home to nearly 10,000 residents, along with hotels, businesses, GEMS World Academy, Mariano's, restaurants and retail shops/services.
Magellan is a fully integrated development company designed to provide comprehensive real estate services including development, architecture & design, construction management, sales and marketing, leasing and property management.
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51-200 employees
View all Magellan Development Group LLC employees
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Real Estate
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225 North Columbus Drive, Suite 100, Chicago, Illinois 60601, US
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1996
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Real Estate, Commercial Real Estate, Residential Real Estate, Property Development, Apartment Development, Condominium Development, Townhome Development
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Frequently Asked Questions about Magellan Development Group LLC
Joel Carlins is the CEO of Magellan Development Group LLC. To contact Joel Carlins email at [email protected].
The decision makers in Magellan Development Group LLC are Ben Treutler, Brian Gordon, Joel Carlins, etc. Click to Find Magellan Development Group LLC decision makers emails.
Magellan Development Group specializes in a wide range of real estate projects, including commercial and residential developments. Our expertise encompasses high-rise apartment buildings, condominiums, townhomes, and mixed-use developments. With a focus on quality and innovation, we aim to create vibrant communities that enhance urban living.
At Magellan Development Group, we prioritize quality and sustainability in all our projects. We employ rigorous planning and design processes, collaborate with experienced architects and engineers, and adhere to industry best practices. Our commitment to sustainability includes utilizing eco-friendly materials, implementing energy-efficient systems, and creating green spaces that promote environmental stewardship.
Magellan Development Group primarily operates in the Chicago metropolitan area, where we have established a strong presence in the real estate market. However, we are also open to exploring opportunities in other regions that align with our strategic goals and expertise in property development.
Yes, Magellan Development Group can assist clients in navigating financing options for their real estate projects. We have established relationships with various financial institutions and can provide guidance on securing funding, whether for residential or commercial developments. Our team is dedicated to helping clients find the best financing solutions to bring their visions to life.
Partnering with Magellan Development Group begins with an initial consultation to discuss your project ideas and objectives. Our team will evaluate the feasibility of the project, considering factors such as location, market demand, and design. Once we align on the vision, we will work collaboratively through the planning, design, and development phases to ensure a successful outcome.
Magellan Development Group serves a diverse range of industries, primarily focusing on real estate development. Our projects cater to residential, commercial, and mixed-use sectors, including apartment complexes, condominiums, and retail spaces. We are committed to creating developments that meet the needs of various industries while enhancing the community and urban landscape.
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