Gio Midtown
MIAMI—A new apartment building called Gio Midtown recently received its Temporary Certificate of Occupancy from Miami-Dade County. Jointly developed by Chicago-based Magellan Development and institutional investors advised by JP Morgan Asset Management, the 447-unit property welcomed its first residents on April 15. The total development cost is $186.6 million and construction took 31 months.
"We've aimed to make the move-in process as seamless as possible, given current conditions, and developed a comprehensive plan for move-in day, Brian Gordon, EVP for Magellan Development Group, tells GlobeSt.com. "Our on-site team has implemented safety measures to comply with social distancing guidelines, such as limiting elevator access to four people from the same family at a time and executing all leasing documents electronically."
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