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:
Gomez Guilty of Murdering Los Hooligans Bass Player
6 hours ago
Biden Says It Was a Mistake to Say He Wanted to Put Trump in a ‘Bull’s-Eye’
6 hours ago
Tesla CEO Elon Musk Appears to Confirm Delay in Aug. 8 Robotaxi Unveil Event to Make Design Change
8 hours ago
Smittcamp Asks Court to Drop His Lawsuit Against Controversial NW Fresno Project
9 hours ago
Measure P Arts Grants Spark Debate and a Meeting Tonight
10 hours ago
Tedford Exits Fresno State Football. Tim Skipper Is the Next Bulldog Up.
10 hours ago
Trump Receives Enough Delegate Votes to Officially be Republicans’ Nominee
11 hours ago
Man Dies After Rescuing His 2 Children in Mississippi River