March 25, 2020 Comments Off on CGI Completes Renovation of MF Development in Orlando Views: 369 Central Florida, Florida News

CGI Completes Renovation of MF Development in Orlando

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Los Angeles-based CGI Strategies commenced leasing at Astoria at Celebration, a 306-unit luxury multifamily community in Celebration, FL, after completing a complex multimillion renovation. Developed in 2015, the property suffered from construction defects in 2016, and was vacated by order of the Osceola Building Department that same year.

CGI acquired the vacant community in 2019, confident it would be able to remedy the defects, notes CGI Founder Gidi Cohen. “Our history of successfully meeting the challenges of special situation real estate allowed us to take on this project with the confidence that we could make the appropriate repairs and upgrades needed to return this Class A resort community to market,” said Cohen.

Astoria at Celebration features a mix of luxurious one, two-and three-bedroom units located in six, four-story Art Deco inspired residential buildings, around a centralized clubhouse and pool area.

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