CGI Strategies Breaks Ground on Another Koreatown Community
- Dec 19, 2019
CGI Strategies has begun work on a 200-unit community in the Koreatown neighborhood of Los Angeles. Frymer Construction and KFA Architecture are also part of the construction team. The $50 million Fedora development is set to open in April 2022. The start of construction on the property coincides with the completion of the 122-unit The Mariposa, another CGI project in the same area, which broke ground in January 2018.
Located at 837 S. Fedora St., Fedora will be within 3 miles of downtown Los Angeles and 12 miles of Los Angeles International Airport. Nearby educational institutions include Hobart Boulevard Elementary and Robert F. Kennedy Community Schools.
The upcoming property is set to be a seven-story concrete and wood building, over two levels of subterranean parking. The community is slated to include studios and one- and two-bedroom apartments, ranging from 622 to 1,000 square feet. All units will feature walk-in closets, balconies, stone countertops, contemporary lighting fixtures and stainless steel appliances. Amenities are set to include a fitness center, a 6,500-square-foot community lounge, clubhouse, courtyard and a 5,400-square-foot rooftop deck. Ten percent of the units will be set aside for low-income residents.