Gio Midtown
MIAMI—A new apartment building called Gio Midtown recentlyreceived its Temporary Certificate of Occupancy from Miami-DadeCounty. Jointly developed by Chicago-based Magellan Development andinstitutional investors advised by JP Morgan Asset Management, the447-unit property welcomed its first residents on April 15. Thetotal development cost is $186.6 million and construction took 31months.
"We've aimed to make the move-in process as seamless aspossible, given current conditions, and developed a comprehensiveplan for move-in day, Brian Gordon, EVP for Magellan DevelopmentGroup, tells GlobeSt.com. "Our on-site team has implemented safetymeasures to comply with social distancing guidelines, such aslimiting elevator access to four people from the same family at atime and executing all leasing documents electronically."
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