Magellan Development Group

Magellan Development Group

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Magellan is a successful and reputable developer that develops mostly mixed-use communities.

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

Michigan Strategic Fund Board Approves Transformational Brownfield Plan for Fulton & Market | Grand Riverfront 12/25/2025

We’re proud to partner with Fulmar Development Partners on a transformative riverfront project in downtown Grand Rapids. With MSF’s approval, this $795M development will bring new residential, office, and hotel spaces to the city while reimagining a key downtown site. Looking forward to shaping a vibrant, connected riverfront for the future.

Michigan Strategic Fund Board Approves Transformational Brownfield Plan for Fulton & Market | Grand Riverfront Michigan Approves Transformational Brownfield Plan for $795M Fulton & Market Riverfront Development in Grand Rapids.

Meet Crain's 40 Under 40 class of 2025 10/17/2025

Big congratulations to J.R. Berger, President of Magellan Development, on being named to Crain’s Chicago Business 40 Under 40 Class of 2025!

J.R. continues to shape Chicago’s skyline and civic future through visionary leadership, strategic development, and a deep commitment to community impact. From high-rise innovation to philanthropic engagement, his work reflects the best of what Chicago has to offer.

We’re proud to see his contributions recognized among the city’s most influential young leaders. Here’s to building bold futures - one project at a time.

https://www.chicagobusiness.com/awards/meet-crains-40-under-40-class-2025

Meet Crain's 40 Under 40 class of 2025 Chicago's future is being built by this year's 40 Under 40 honorees.

DeVos, Van Andel families tap Chicago firm to develop massive, skyline defining project 09/22/2025

Magellan is proud to announce our partnership in the transformational Fulton & Market development in downtown Grand Rapids. This landmark project will bring high-rise residential living, retail, office space, a luxury hotel, and vibrant public access to the Grand River.

DeVos, Van Andel families tap Chicago firm to develop massive, skyline defining project Magellan Development Group will oversee the $797M Fulton & Market development that aims to transform a sprawling riverfront parking lot into a vibrant, mixed-use development with three high-rise towers.

08/01/2025

Heading to Lollapalooza this weekend? While you’re soaking in the sound, don’t forget to look up—Magellan’s Lakeshore East is part of the architectural backdrop that defines the Chicago skyline.

From the fluid lines of Aqua Tower to the crystalline elegance of the St. Regis Chicago, this neighborhood is a showcase of bold, award-winning design. Nestled at the intersection of the Loop, Millennium Park, and Lake Michigan, Lakeshore East reflects what’s possible when urban planning, architecture, and nature come together.

Magellan isn’t just shaping real estate—they’re helping to sculpt Chicago’s skyline for the next generation.

**Picture taken from the 84th floor of the stunning St. Regis Residences in Chicago overlooking all the Lollapalooza festivities!

06/20/2025

We are excited to introduce the latest addition to Magellan’s Artist-in-Residence program, Trevor Tisdale! Welcome to the Magellan family! We look forward to enjoying more of your music throughout the year!

Photos from Magellan Development Group's post 06/11/2025

This past weekend, we had the incredible honor of hosting the 18th Annual Magellan Rewards Festival in The Park at Lakeshore East — and what a celebration it was! With 70 amazing vendors and thousands of residents coming together, the energy, community spirit, and joy were truly unforgettable.

We want to extend a heartfelt thank you to our Lakeshore East community for showing up with such enthusiasm, and to every Magellan Rewards vendor who brought their best to make this event one of our most memorable yet.

At Magellan Development Group, we're proud to build more than just buildings — we build communities. And events like this remind us just how special ours truly is.

Here’s to 18 years of connection, celebration, and growth — and to many more to come!

10/04/2024

Have you ever been curious about the design of ?
Tune in this Sunday to catch us on 'How Did They Build That?' on the Smithsonian Channel! We’re thrilled to see our building in the spotlight!

Photos from USQ - Union Square's post 10/03/2024

Magellan Development Group is thrilled to announce that Prospect Union Square in Somerville, MA, has been recognized this week as a success story and a model for future transit-oriented developments.

Chicago continues reign as ‘Best Big City' in U.S., new ranking says 10/02/2024

With all the wonderful activities and events, museums, historic architecture, vibrant neighborhoods and extensive cuisine options, it comes as no surprise to us that Chicago is once again ranked The Best Big City in the US by Condé Nast Traveler’s.

Chicago continues reign as ‘Best Big City' in U.S., new ranking says For the eighth consecutive year, Chicago has topped Condé Nast Traveler’s list of the Best Big Cities in the United States, city officials revealed this week.

02/23/2024

St. Regis Book Event…

Extending heartfelt appreciation to Magellan Development Group for conceiving of the wonderful event last night at The Residences at The St. Regis Chicago. A casual evening filled with meaningful conversations with Magellan and St. Regis residents facilitated by the great staff. I so appreciate the support and the opportunity to connect and discuss 𝙁𝙧𝙤𝙢 𝙍𝙖𝙞𝙡𝙮𝙖𝙧𝙙𝙨 𝙩𝙤 𝙃𝙞𝙜𝙝-𝙍𝙞𝙨𝙚𝙨 and the amazing history of the neighborhood!

12/01/2023

We are thrilled to share bKL Architecture's Cirrus project has been selected as a finalist for Interior Design Magazine’s Best of Year Awards in the Large Residential Lobby and Amenity Space category.

Congratulations to the entire Cirrus team for this achievement! Find more information regarding the award and the complete list of 2023 project finalists here: https://boyawards.secure-platform.com/a/page/2023-finalists/2023-finalists-projects

Developer: Lendlease , Magellan Development Group
Photography: Dave Burk

Photos from Magellan Development Group's post 11/13/2023

Magellan came out on top at this year’s Chicago Agent Magazine - Agents’ Choice Awards, winning Developer of the Year, City as well as Development of the Year, City for The St. Regis Chicago. Thank you to all that voted!

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225 N Columbus Drive Ste 100
Chicago, IL
60601

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm