Magellan Development Group LLC Information

Founded in 1996, Magellan Development Group has grown from a Chicago-focused, family-owned developer to a national real estate development, investment, and management platform. The company specializes in mixed-use hotel, residential, and office developments in first- and second-tier cities across the United States, having completed 35 large-scale projects worth over $8 billion. Recently completed projects include the St. Regis Hotel and Residences in Chicago, IL, a dual-branded Thompson & Tommie hotel with a multifamily component in Austin, TX, and the W Hotel in Nashville, TN. Under the current leadership of CEO David Carlins and President J.R. Berger, Magellan is focused on providing institutional investors with ground-up mixed-use hotel and residential development opportunities in high-barrier markets across the United States. The company’s current project pipeline includes nearly 2,900 hotel rooms, 1,500 hotel-branded condo residences, 1,500 apartments, and over 1.5 million square feet of life-science office space. Magellan is a full-service development company with in-house design, legal, construction management, sales and marketing, professionals that ensure the delivery of best-in-class projects while effectively managing development risks.