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."

"We have also added additional cleaning staff to disinfect all areas of the building multiple times throughout the day, focusing on high-touch areas. Our team has adapted very quickly in the last month and continues to be available via phone or email to assist our new residents and prospects as they would under other circumstances." Magellan says Gio Midtown has garnered strong demand since it launched leasing in January, a momentum that continued upon the property quickly adapting its strategy to offer virtual tours of model residences and common areas for those looking to call the building home.

Gordon says Gio Midown welcomed its first seven residents last week and have several more scheduled for move-ins next month. The tower is also designed and built to LEED Silver sustainability standards and expects to receive its certification in about a year.

Instant Insights /

New Miami Apartment Building Has Safety Measures in Place as Residents Move In

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