The 39-story, 447-unit Gio Midtown was built to be one of Miami's trendiest new apartment buildings. There's a fifth-floor pool deck, a 4,500 SF gym, a basketball court and a Himalayan salt room.
After 31 months of construction, the building at 3101 Northeast First Ave. began leasing in January, with studios starting at $1,695 per month and three-bedrooms going up to $6,040. But Gio Midtown received its Temporary Certificate of Occupancy from Miami-Dade County just as the coronavirus was peaking, and welcomed its first residents April 15.
Gio Midtown General Manager Ashley Wade told Bisnow that so far, the property — which was developed by Chicago-based Magellan Development Group and J.P. Morgan Asset Management and managed by Bozzuto — has rented 38 units, about 8% of the building."It's definitely less than what we thought, but leasing is still going…
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