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Magellan Development Group

Leasing Is Now Underway At Gio Midtown (Formerly Midtown 6), Developers Preparing To Begin Midtown 7

January 29, 2020·29 Comments
Pre-leasing for a new 31-story luxury apartment tower called Gio Midtown is now underway. A Temporary Certificate of Occupancy is...

Photos: Chicago Developers Top Off 447-Unit Midtown 6

March 26, 2019·30 Comments
The Midtown 6 apartment tower recently topped off at 32 stories. Chicago developer Magellan Development Group teamed with a Chicago...

First Glass Installed At 32-Story Midtown 6

September 27, 2018·7 Comments
At Magellan Development Group’s Midtown 6, glass installation is now underway. The project will include 447 apartments in a 32-story...

300 Luxury Apartments Have Been Leased At Midtown 5 In One Year

March 1, 2018·12 Comments
Demand for apartments has been strong at the recently opened Midtown 5 apartment building in Midtown Miami. Since opening just...

1,143 Apartments Under Construction In One Photo, As Work Begins At Midtown 6

October 25, 2017·27 Comments
Contractors have broken ground on the Midtown 6 apartment building in Midtown Miami, bringing the total number of apartments under...

Midtown 6 Ready To Break Ground With $110M Loan

August 29, 2017·9 Comments
Midtown 6 has obtained a $110m construction loan, according to The Real Deal. The 32-story tower will include 447 apartments...

Utilities Deal Signed At Midtown Six; 200 Units Already Leased At Midtown Five

July 3, 2017·18 Comments
Construction is getting closer to beginning at Midtown Six. Midtown Opportunities signed a utilities deal this month to allow for...

70 Leases Have Already Been Signed At Midtown Five, Exceeding Developer Expectation

January 12, 2017·12 Comments
Midtown Five opened on January 1 after receiving a Temporary Certificate of Occupancy, and demand for apartments there is proving to...

Revealed: Plans For Midtown 6 & Midtown 7

September 13, 2016·29 Comments
Midtown Miami is getting another two residential buildings with hundreds of new apartments. The twin towers will include: Midtown 6...

Revealed: 32-Story Midtown 6 To Include 447 Residential Units

May 23, 2016·10 Comments
After topping off Midtown 5 last month, Chicago’s Magellan Development Group is planning an even bigger project right next door:...

Photo: 400-Unit Midtown 5 Goes Vertical

March 26, 2015
Magellan Development Group’s 24-story Midtown 5 tower has progressed to the vertical phase of construction.   Midtown 5 is inspired by the...

Another 400 Units On The Way: Site Work Begins At Midtown 5

November 24, 2014
One month after Chicago’s Magellan Development Group closed on the purchase of the Midtown 5 site and obtained construction financing, workers...

Midtown 5 Construction To Begin By Year End After Developer Gets $80M Financing

October 20, 2014·7 Comments
It’s a done deal: Midtown 5 will begin construction by the end of the year. Magellan Development Group obtained an...
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