Category: News

Sterling Bay and Magellan Development Group have begun construction on 300 N Michigan Avenue, a brand new 47-story mixed-use tower located between the City’s Riverwalk and Millennium Park. The development will feature over 280 residential units and a new hotel by citizenM, the Netherlands-based hospitality brand. This development presents an opportunity for the City of… Continue Reading NEW MICHIGAN AVENUE TOWER BREAKS GROUND WITH DEPUTY MAYOR MAYEKAR, ALDERMAN REILLY, STERLING BAY AND MAGELLAN DEVELOPMENT GROUP

The evolution of Midtown Miami into one of South Florida’s premier, true lifestyle destinations is now further fortified with its most sophisticated and amenitized apartment tower to date – Gio Midtown – which has officially initiated pre-leasing of its 447 apartment home residences. Jointly developed by Magellan Development Group, the Chicago-based, award-winning national real estate… Continue Reading Leasing Launch for Gio Midtown – Magellan Development

Magellan Development Group’s 101-story mixed-use tower on schedule for 2020 completion CHICAGO – June 7, 2018 – Concrete has been poured to the 50th floor for Vista Tower, marking a significant construction milestone. The sky’s the limit for one of the city’s most exclusive residences which continues to soar toward new heights (101 floors to be… Continue Reading Halfway Home! Chicago’s soon-to-be third-tallest building Vista Tower is now 50 floors high.

Magellan Development Group’s 101-Story Residential Tower Signals Strength of Chicago’s Ultra-Luxury Market CHICAGO – July 17, 2018 – Chicago’s soon-to-be third-tallest building and most exclusive address, Vista Tower, secured two high-priced penthouse condo sales this week; a 10,640-square-foot residence listed at $18.5 million and a 5,600-square-foot unit listed at over $8.3 million. “With these two prominent… Continue Reading Vista Tower sells two penthouse condos totaling $26.8 million

The city’s most exclusive address will now offer sharable luxury electric vehicles CHICAGO – June 13, 2018 – Vista Residences is gearing up to debut a first-of-its-kind amenity to Chicago luxury homeowners: a car share program featuring Tesla vehicles, exclusively available to residents of Vista Tower. This program further complements Vista’s vast amenities package, designed to… Continue Reading Vista Residences is the first in Chicago to offer car share program with Tesla Vehicles

Event Held at Sales Gallery of the Monumental Vista Tower to Coincide with Biennial Theme “Make New History” CHICAGO – September 7, 2017 – On Tuesday, September 5, Jack Guthman, Chicago Architecture Biennial Board Chair, and Robin Tebbe, Chief Marketing Officer, Magellan Development Group, welcomed 150 Chicagoans to kick off the second Chicago Architecture Biennial… Continue Reading Magellan Development Group Hosts Kickoff Party for 2017 Chicago Architecture Biennial

NASHVILLE, Tenn. – Magellan Development Group, builders of The SoBro, Nashville’s tallest rental apartment high-rise, today announced the city’s first artist-in-residence talent competition, SoBro Star. The winner of the competition will receive a yearlong, rent-free stay at The SoBro. SoBro Star is a musical competition unlike any other in Nashville. This competition allows residents at… Continue Reading The Sobro announces Artist-in-Residence talent competition

Dollop Coffee Co., Nouveau Départ Nail Studio and Veggie Grill to Open at 637 N Wells St. CHICAGO– The Gallery on Wells – Magellan Development Group and Mac Management’s River North luxury apartment building – is pleased to welcome three new retailers to the property: Dollop Coffee Co., Nouveau Départ Nail Studio and Veggie Grill,… Continue Reading Retail space at The Gallery on Wells 100% leased

Apartment building to meet unique demand for growing River North population CHICAGO, IL – Magellan Development Group and Mac Management announced the closing of a construction loan in the amount of $100,197,683 to be funded by Ullico through its subsidiary The Union Labor Life Insurance Company and its Real Estate Investment Group provided by Ullico… Continue Reading Luxury Mixed-Use High-Rise, The Gallery on Wells, Brings the Art of Urban Living to Life

New Live-In Talent to Foster Art of Urban Living in River North CHICAGO (December 14, 2017) –  The Gallery on Wells – River North’s unique art gallery-inspired residential building – continues to encourage the artistic spirit of its residential community by welcoming Luis Ramirez as its inaugural Artist-In-Residence. Granted the title “Gallery Graffitist” based on… Continue Reading Magellan Development Group expands Artist-in-Residence Program to The Gallery on Wells