Several Enhancements Underway at Snell Properties’ Citi Tower

Several Enhancements Underway at Snell Properties' Citi Tower

Orlando, Fla. (September 2025) Snell Properties is making significant progress on a series of enhancements at Citi Tower, its first acquisition in Orlando and third in the state of Florida. Located in the vibrant South Eola neighborhood, the 233-unit high-rise is just a 10-minute walk from more than 185 restaurants, bars, shops, and entertainment venues, including the Amway Center, Exploria Stadium, and the Dr. Phillips Center for the Performing Arts.

Snell has converted sixty oversized studio apartment homes into junior one-bedroom units. These redesigned layouts offer more functional living spaces and updated bathroom finishes to the renovated apartments.

The common areas and amenities have also been comprehensively updated. The first-floor lobby and 25^th floor fitness center, club room, and pool deck were upgraded in 2024. In 2025, the leasing office was relocated to a more accessible ground-floor location, and Snell added new work-from-home spaces to meet the needs of residents with hybrid lifestyles.

Next, Snell plans to build eleven brand-new apartments on the second floor by transforming former storage space into new units. Construction is anticipated to begin in late 2025 and take approximately eight to nine months. Additionally, plans are underway to renovate the 23rd-floor rooftop deck and grill area, creating an enhanced outdoor gathering space.

"These investments reflect Snell Properties' commitment to creating modern, high-quality living environments in dynamic urban markets," Snell's Senior Vice President of Acquisitions, Peter Colarulli said. "Citi Tower's location is arguably the best in downtown Orlando, and its updated amenities will set it apart from its competitors."

About Snell Properties
Headquartered in Arlington, Virginia, Snell Properties is an investor, developer, and asset manager of a portfolio of multifamily, commercial, and mixed-use properties in urban and suburban submarkets surrounding Washington, D.C. and throughout the Southeast United States. Founded in 1947 by George Snell, the company has built a legacy of creating value with its core portfolio of multifamily and commercial assets. Today Snell is managed by a seasoned team of real estate professionals with expertise in value-add renovations, development, finance, acquisitions, and asset management. With a noteworthy portfolio of assets and exciting plans to expand into new markets and ventures, Snell is a boutique firm building on its legacy in innovative ways. For more information, please visit snellproperties.com