Development • High-Rise Residential • 51-200 employees • Chicago, IL
Magellan Development Group is a privately held real estate developer based in Chicago, concentrating on high-rise residential, mixed-use, and hospitality projects in major U.S. markets. Founded in 1996, the firm has delivered over 35 large-scale developments valued at more than $8 billion, including notable projects like Lakeshore East and the St. Regis Chicago. Its focus is on institutional investment in high-barrier U.S. markets, emphasizing ground-up development with extensive experience in luxury condominiums, multifamily rentals, and hotel properties. Candidate roles are likely linked to development execution, project management, and capital sourcing strategies in complex urban settings. Understanding Magellan aids candidates in preparing for development-focused roles involving large-scale, mixed-use, and hospitality real estate assets.
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