Magellan Development Group, headed by Joel Carlins, and NNP Residential & Development, led by James Loewenberg, are forming a new corporate partnership under the Magellan banner. The merged company and its affiliates are operating from their new headquarters at Three Illinois Center, 303 E. Wacker Drive.
Carlins and Loewenberg will serve as co-chairmen of the new Magellan Development Group, and David Carlins will assume the role of president. Magellan will continue to steer development activity, while the NNP Residential division of the new company will focus on property management and apartment marketing services. All Magellan and NNP Residential affiliates, including Loewenberg Architects, established by James Loewenberg’s father and uncle in 1919, will continue to operate autonomously.
For more information, contact Ken Horinko at 312.377.0824 or khorinko@dickinsongrotup.com, or contact Tracy Trovato at 312.377.0820 or ttrovato@dickinsongroup.com.