Inflating costs and emerging applications are spawning interests toward smaller and faster electric drives. The challenges of miniaturization make magnetic bearings more appealing, as they provide intrinsic high-speed capability and need virtually zero-maintenance. These advantages come at the cost of more sensors, which require a seamless integration especially at small geometrical scale. In the magnetic levitation domain, slice drives are particularly interesting, given their stabilizing passive characteristics that simplify the control of levitation and render the system simpler. These drives are already suitable for compressor applications, where control of all degrees of freedom is not necessary. In this article, the design process for a bearingless disc drive with a high degree of system integration is proposed. Two motor topologies, namely slotted and slotless drives, are rated by their passive stability, active properties, and power losses. Two sensor systems, fundamental for magnetic bearing commissioning, are proposed. They are simple to industrialize and offer a low footprint, thus not interfering with the drive design process. Ultimately, an optimization example is presented. For the presented scenario, drives with intermediate rotor size are the optimal contenders. Specifically among them, the slotless variant proves the best, given lower electrical losses and lighter mass compared to the slotted variant. However, the slotted becomes interesting if a stiffer magnetic bearing is needed.