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Magellan Development Group

51–200 employees 23 principals

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Last updated 3mo ago

About Magellan Development Group

Magellan Development Group is a real estate operator. Magellan Development Group operates in Austin, Texas, Boston, Massachusetts and Chicago, Illinois. Its investment focus is on Condominiums, Hospitality and Multifamily - Ground-up.

Magellan Development Group, founded in 1996, is a Chicago-based real estate developer with a national portfolio. Over its more than 25 years of operation, the firm has delivered over 11,000 residential units and more than USD 8 billion in completed projects. The company works across multiple types of real estate: for-sale and rental residential, hotel, retail, office (including life science/tech) and mixed-use development. Its projects include large complex high-rise and master-planned sites such as the 28-acre Lakeshore East community, which alone accommodates 4,950 residences, 2.2 million square feet of commercial space, 1,500 hotel rooms, and up to 770,000 square feet of retail. Magellan also provides in-house services including architecture, design, construction management, property management, leasing, sales, and asset management across its developments.

Principals at Magellan Development Group

Principal details are a Pro feature

23 principals on file

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Recent activity at Magellan Development Group

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Magellan Development Group's project portfolio

9 projects on file · Multifamily (5), Mixed-Use (2), Hospitality (1), Single-Family / For-Sale Residential (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Magellan Development Group operates in

  • Austin, Texas
  • Boston, Massachusetts
  • Chicago, Illinois
  • Miami - Ft. Lauderdale - West Palm Beach - South Florida
  • Minneapolis-St.Paul, Minnesota
  • Nashville, Tennessee

Investment themes at Magellan Development Group

  • Condominiums
  • Hospitality
  • Multifamily - Ground-up
  • Placemaking

Capabilities

  • Asset Management
  • Construction Management
  • Custom Homes
  • High-Rise
  • Luxury
  • Mixed Use
  • Site Development

Operators similar to Magellan Development Group

  • Hines
    Institutional tierNashville, TennesseeBoston, Massachusetts+4 more marketsPlacemakingHospitality+2 more themes
  • Shorenstein
    Institutional tierNashville, TennesseeBoston, Massachusetts+4 more marketsPlacemakingMultifamily - Ground-up+1 more theme
  • CIM Group
    Institutional tierBoston, MassachusettsMinneapolis-St.Paul, Minnesota+2 more marketsPlacemakingHospitality+2 more themes
  • Taurus Investment Holdings
    Institutional tierBoston, MassachusettsMiami - Ft. Lauderdale - West Palm Beach - South Florida+2 more marketsPlacemakingHospitality+2 more themes
  • GID
    Institutional tierNashville, TennesseeBoston, Massachusetts+2 more marketsPlacemakingHospitality+2 more themes
  • Kimco Realty Corporation
    Institutional tierNashville, TennesseeMiami - Ft. Lauderdale - West Palm Beach - South Florida+4 more marketsHospitalityMultifamily - Ground-up
  • BGRE
    Institutional tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaAustin, Texas+2 more marketsPlacemakingHospitality+2 more themes
  • Bozzuto
    Institutional tierNashville, TennesseeMiami - Ft. Lauderdale - West Palm Beach - South Florida+3 more marketsPlacemakingMultifamily - Ground-up
  • AJ Capital Partners
    Institutional tierNashville, TennesseeMiami - Ft. Lauderdale - West Palm Beach - South Florida+3 more marketsPlacemakingHospitality
  • Clarion Partners
    Institutional tierNashville, TennesseeMiami - Ft. Lauderdale - West Palm Beach - South Florida+3 more marketsHospitalityMultifamily - Ground-up

Frequently asked questions about Magellan Development Group

What does Magellan Development Group do?
Magellan Development Group, founded in 1996, is a Chicago-based real estate developer with a national portfolio.
What markets does Magellan Development Group operate in?
Magellan Development Group is active in Austin, Texas, Boston, Massachusetts, Chicago, Illinois, Miami - Ft. Lauderdale - West Palm Beach - South Florida, Minneapolis-St.Paul, Minnesota, and Nashville, Tennessee.
How many employees does Magellan Development Group have?
Magellan Development Group has 51–200 employees.
Magellan Development Group cover image

Magellan Development Group at a glance

Tier
Institutional
Operator type
Developer, Owner, 3rd party Manager
Headcount
51–200
Units owned
10,000-25,000
Units managed
10,000-25,000
Property mgmt
Self-Managed
Markets
6
Principals
23

Contact Magellan Development Group

225 N. Columbus Drive Suite 100 Chicago, IL 60601
www.magellandevelopment.com