Share
The Business Journal
A familiar 10-acre lot in Fresno is in the process of being developed into the city’s next major shopping district, with a luxury hotel at the heart of the project.
According to Edward Erganian, principal for Las Vegas-based NAC Development Co., the plan is to turn the long-vacant spot on the northwest corner of Blackstone and Shaw avenues into a major hub for retail, housing, hospitality, dining and entertainment.
The Erganian family has owned the property for several years, waiting for the right time to start building, and the Erganian says the time is fast approaching. Phase 1 on the Blackstone and Shaw project is expected to begin during the second quarter of 2021. The first stage of development will focus on an 8,000-square-foot, multi-tenant, mixed-use building, which they are expecting to come in at a cost of $300 per square foot.
By Donald A. Promnitz | 11 Jan 2021
RELATED TOPICS:
Oil Dips Ahead of Expected OPEC+ Output Increase
4 hours ago
613 Killed at Gaza Aid Distribution Sites, Near Humanitarian Covoys, Says UN
4 hours ago
Fresno County Authorities Investigating Suspicious Death of Transient Man
4 hours ago
Israeli Military Kills 20 in Gaza as Trump Awaits Hamas Reply to Truce Proposal
4 hours ago
Valley Crime Stoppers’ Most Wanted Person of the Day: Rachelle Maria Blanco
4 hours ago
Russia Pounds Kyiv With Largest Drone Attack, Hours After Trump-Putin Call
5 hours ago
Markets’ 90-Day Tariff Pause Rollercoaster Nears an Uncertain End
5 hours ago
Trump to Sign Tax-Cut and Spending Bill in July 4 Ceremony
3 hours ago
Categories

Trump to Sign Tax-Cut and Spending Bill in July 4 Ceremony

Clovis, Sanger, Madera, and Bass Lake Will Light the Sky With Fireworks Shows Tonight

Oil Dips Ahead of Expected OPEC+ Output Increase

613 Killed at Gaza Aid Distribution Sites, Near Humanitarian Covoys, Says UN

Fresno County Authorities Investigating Suspicious Death of Transient Man

Israeli Military Kills 20 in Gaza as Trump Awaits Hamas Reply to Truce Proposal
