Magellan Project Services : Domestic


Magellan Project Services an affiliate of parent company Magellan Development Group, one of the largest real estate development companies in the U.S., Magellan Project Services provides real estate development and asset management services to lenders and real estate portfolio holders of under performing and distressed assets, utilizing its breadth of in-house, affiliate and service bundling capabilities.

We offer expertise and unique resources to execute our core services including:

  • Asset Evaluation and recommendation
  • Feasibility studies and economic analysis
  • Site Selection and evaluation
  • Architectural design, coordination and value engineering
  • Financial proforma development (hard and soft costs)
  • Predevelopment Planning
  • Municipal approvals and zoning
  • Secure municipal incentives (TIF's)
  • Development budget preparation, monitoring and forecasting
  • Construction, Architectural and Engineering Contract negotiation
  • Project Scheduling
  • Construction and Subcontractor buyout
  • Draw coordination and documentation
  • Construction accounting and reporting
  • Securing Development related Insurance
  • Project Management (Construction and Tenant work)
  • Public relations, marketing and advertising
  • Property Management, operations, transition and turnover
  • Financing (land, construction and permanent)
  • Supervising disposition of property

Our Portfolio Includes:

Columbia Pointe Chicago
6 N. Michigan Chicago
The Lex

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Magellan Project Services