CGI Merchant Group has made a $30 million investment in a ground-up development project to convert the existing facilities at the historic Morris Brown College in Atlanta into an upscale hotel. CGI made the investment through its $650 million hospitality opportunity fund, which plans to invest in 20 total hotel projects in North America and the Caribbean over the next three years.

The construction project will redevelop existing facilities on the campus into a 90,000-square-foot, 150-room upscale hotel along with a hospitality training complex. The property will include two food and beverage outlets, an outdoor terrace and instructional space for the school’s hospitality students. With this development, Morris Brown College will become the first Historically Black College and University with a flagged hotel on campus.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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