Chicago-based Magellan Development Group announced the opening of Midtown Five, a 400-unit luxury rental development opening in the heart of Midtown, directly south of 4 Midtown.
Magellan’s first Miami property, located at 3201 Northeast 1st Avenue, received its Temporary Certificate of Occupancy from the county recently, allowing residents to begin move-in on January 1st.
“We are thrilled that Midtown Five renters can now enjoy their units and the various superior amenities we’ve curated specifically for this community,” said Brian Gordon of Magellan Development Group. “The interest in Midtown Five has been overwhelmingly positive, as this property truly moves the needle in sophisticated, multifamily offerings.”
Units range from studios to three bedrooms, with amenities including a fitness center, yoga lawn, meditation garden, play area, a “dog run,” spa, pool, business center and cabanas.
Midtown is on fire with residential development, including Hyde Midtown, which is currently under construction a couple blocks to the north.