Archive for August 13th, 2009

If you’ve heard about The Fultonia project either through the local news media or by following this blog, you’re probably familiar with the term, “SoTow”, and may have wondered what it means and why it is so significant to the Tower District and to Central Fresno. Basically, the term SoTow, (South of Tower) was created to help establish a new identity for the Tower District neighborhood south of Olive Avenue.

The term was first conceived when I was contacted by property owner Terance Frazier with TFS Investments, LLC to look at The Fultonia; a 39-unit apartment complex with 10 commercial spaces in front that he had just purchased. As I walked through the complex I saw a unique opportunity to bring a once-proud property with great architectural bones and a neighborhood that was suffering from years of neglect back to life.

I also saw an existing structure, built around 1950, that although in terrible condition offered something that was extremely rare in Fresno – an existing mixed-use property with both residential and commercial spaces available. The only other properties that offered this unique mix were either built recently or are currently under construction. A small complex was built a few years ago across from Fresno State that has retail on the ground floor with apartments above and Reza Assemi has become the preeminent mixed-use developer in the Uptown Arts District with both completed mixed-use projects and others in progress.

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