Magellan Project Services was appointed by ST Residential, one of the nation’s leading owners and operators of luxury Real Estate as development and property manager of The Lex, a 329-unit multifamily residential development at 2138 S. Indiana in Chicago’s South Loop neighborhood. The Lex includes a 35-story tower with 296 one- to three-bedroom residences as well as several penthouses, many offering impressive views of the Loop and Lake Michigan, connected by an amenity deck to a seven-story loft tower that contains an additional 33 residences. The tower contains four floors of heated parking. A complete cutting-edge amenity package includes a fitness center, party room, business center and outdoor pool, hot tub, and landscaped deck.
As owner’s representative and construction manager, Magellan has guided all decision-making processes and is managing the project completion through its construction management department. This array of services includes project and site analysis and construction services ranging from on-site field staff recommendation, coordination of contractors to managing site security, general building operations management and research and development of programming and building finishes.
NNP Residential, Magellan’s property management division, has been retained to manager pre-leasing, marketing and diverse property management services for The Lex.