The proposed Costco in northwest Fresno remains acres of dirt and grass patches. Despite some reports that ground could be broken by midyear, that won't happen. "The best case would be January of '24," said Tom Anderson, Costco's real estate broker with Commercial Retail Associates. Anderson said Costco construction goes...
Who Does Bitwise Owe? List Includes Several Well-Known Fresnans
The bankruptcy filing by Bitwise Industries sheds light on who it owes money to and how much. The list published Wednesday in a Delaware federal court includes local and national investors, government agencies, and employees. The local creditors include several well-known successful Fresnans and businesses. Among them: developer Ed Kashian,...
Who Does Bitwise Owe? List Includes Several Well-Known Fresnans
The bankruptcy filing by Bitwise Industries sheds light on who it owes money to and how much. The list published Wednesday in a Delaware federal court includes local and national investors, government agencies, and employees. The local creditors include several well-known successful Fresnans and businesses. Among them: developer Ed Kashian,...
After 6 Months in Limbo, Fresno Hospital System and Major Insurer Reach New Deal
Fresno’s largest hospital system and one of the nation’s largest insurance providers announced an agreement to resume service after six months of uncertainty. Community Health System and Anthem Blue Cross reached a multi-year agreement Friday, restoring the insurer's members access to in-network services and to the hospital organization’s facilities and...
After 6 Months in Limbo, Fresno Hospital System and Major Insurer Reach New Deal
Fresno’s largest hospital system and one of the nation’s largest insurance providers announced an agreement to resume service after six months of uncertainty. Community Health System and Anthem Blue Cross reached a multi-year agreement Friday, restoring the insurer's members access to in-network services and to the hospital organization’s facilities and...
Is an Airbnb Crisis Looming in Fresno as Demand Plummets?
Declines in Airbnb revenue show Fresno County hosts are among the country’s hardest hit. And, if hosts decide to sell their investments, that could mean a large number of units hitting the market. One expert thinks the flood could mirror Great Recession-level price drops in some cities. However, Realtors think,...
Is an Airbnb Crisis Looming in Fresno as Demand Plummets?
Declines in Airbnb revenue show Fresno County hosts are among the country’s hardest hit. And, if hosts decide to sell their investments, that could mean a large number of units hitting the market. One expert thinks the flood could mirror Great Recession-level price drops in some cities. However, Realtors think,...
Bitwise Files for Bankruptcy in Delaware Federal Court
In a move anticipated since the financial collapse of the company, Fresno-based Bitwise Industries has filed for bankruptcy. The Wednesday filing in a Delaware federal court seeks Chapter 7 bankruptcy protection for several Bitwise corporations — BW Industries Inc.; Bitwise Industries, Inc.; BWRD, LLC; Alpha Works Technologies, LLC; and Bruce's...
Bitwise Files for Bankruptcy in Delaware Federal Court
In a move anticipated since the financial collapse of the company, Fresno-based Bitwise Industries has filed for bankruptcy. The Wednesday filing in a Delaware federal court seeks Chapter 7 bankruptcy protection for several Bitwise corporations — BW Industries Inc.; Bitwise Industries, Inc.; BWRD, LLC; Alpha Works Technologies, LLC; and Bruce's...
Biden Injects Historic Fresno Train Depot With $20M to Prep for High-Speed Rail
Infrastructure is downtown Fresno’s word of the week as the former Southern Pacific Depot building will receive $20 million from the Biden Administration for renovations and electric vehicle charging stations in preparation for the arrival of high-speed rail. "The restoration of the nationally registered historic passenger rail depot includes building...