Archive
What’s in a name: Magellan says goodbye to Vista Tower, hello St. Regis Chicago
Chicago’s third tallest skyscraper is getting a new name. Four months after Magellan Development bought out Dalian Wanda Group’s...
Vista Tower
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Buyer of $10M Vista Tower condo sues Magellan after Wanda sells stake
Now that Dalian Wanda Group has finally sold its 90-percent equity stake in Vista Tower, the buyer of a...
Dalian Wanda sells 90% stake in Vista Tower for $270M
Dalian Wanda Group has finally dumped its 90 percent equity stake in Vista Tower, the roughly $1 billion supertall...
Keeping it in the family: Magellan co-founder’s son becomes CEO
Chicago developer Magellan is keeping it all in the family amid some big changes at the company. Two new...
Archive
Cooling Chinese real estate investment throws up road block to Vista Tower condo sales
Magellan Development is blaming an unexpected drop in Chinese investment in American real estate for draining some momentum from...
Chicago Cheat Sheet: Trump Tower condo hits the market at a discount…& more
Advertising firm owners selling Trump Tower condo The owners of a condo in the Trump International Hotel & Tower...
Rising up: Here are Chicago’s 10 tallest towers in the works
Chicago became the birthplace of the skyscraper in 1885, and more than a century later developers keep adding to...
Dalian Wanda still shopping majority stake in Vista Tower
Triple Five Group’s reported pursuit of Dalian Wanda Group’s majority stake in Chicago’s Vista Tower was cast in doubt...
Chicago Cheat Sheet: IIT dedicates new home of Institute of Design … & more
IIT unveils new home of design school Illinois Institute of Chicago unveiled its $40 million Ed Kaplan Family Institute...
Who is Triple Five Group? Canadian development giant betting big on Chicago with Vista Tower deal
Before last month, Triple Five Group hadn’t made a blip on the Chicago development radar. But that changed when news broke that the Edmonton,...
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