Magellan & Wanda

Magellan Development Group is a leading U.S. real estate developer specializing in large-scale, mixed-use hotel, residential, and office projects, with a portfolio exceeding $8 billion and notable developments like the St. Regis Chicago and W Hotel Nashville. Wanda Group, a Chinese conglomerate, partnered with Magellan on major projects such as the 101-story Vista Tower (now St. Regis Chicago), marking Wanda's largest real estate investment in Chicago before eventually selling its stake to Magellan.