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Magellan Project Services Appointed to Complete South Loop Multifamily Development

Magellan Project Services, a recently formed consultancy affiliate of leading real estate developer Magellan Project Services, has been selected to guide the completion of a 333-unit South Loop multifamily residential development.
Magellan Project Services (MPS) was selected by developer Lexington Marketing LLC to complete the construction of Lexington Park at 2138 S. Indiana and guide its transformation from a planned condominium to a rental community.

Lexington Park includes a 25-story tower with 297 residential units connected by an amenity deck to a seven-story loft tower offering an additional 36 residences.  The tower contains four floors of heated parking.  The development offers one- and two-bedroom residences as well as one-bedroom plus den plans, many offering impressive views of the Loop and Lake Michigan.
Brian Gordon, Magellan vice president and president of Magellan Project Services, explained that as owners’ representative and construction manager MPS will guide all decision-making processes and manage the project completion through Magellan’s construction management department.

MAGELLAN PROJECT SERVICES (LEXINGTON PARK APPOINTMENT)
“Our team is uniquely positioned to maximize the development’s value by providing comprehensive, expert-driven services,” said Gordon. “As notably demonstrated by our dramatically successful, $4 billion Lakeshore East community on the New Eastside of downtown Chicago, we provide a broad array of experienced core services.  These development resources include master-planning, architectural, construction, re-zoning, financial structuring, property management, project marketing and related professional services.”
The array of services will unfold in three phases – project analysis, site analysis and construction.  Services range from on-site field staff supervision and coordination of contractors to managing site security, operational assistance, general building operations management to the research and development of programming and building finishes.  MPS will also provide necessary marketing and management services.
For more information on Magellan Project Services, contact Brian Gordon at 312-642-8869 or visit www.MagellanProjectServices.com.

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