Posts Tagged ‘reza assemi’
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.
Published online on Wednesday, May. 20, 2009
By Sanford Nax / The Fresno Bee
Fresno has the Tower District, Old Fig and River Park. Now, people can add SoTow to that list.
That’s what Fresno City Council President Cynthia Sterling calls the region south of the Tower District. The neighborhood connects the Tower, known for its restaurants and nightlife, with downtown, the government center. Sterling said SoTow is ready to emerge, starting with Fultonia — a 1950s-era apartment and commercial complex on Fulton Street near Belmont Avenue that is getting its own version of an extreme makeover.
MARK CROSSE / THE FRESNO BEE
Preston Prince, executive director of the Housing Authorities of the City and County of Fresno, presides over a news conference at the Fultonia, an apartment building built in the 1950s in the Tower District, which will be refurbished at 608 N. Fulton St. (more…)
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THE BLOG DEDICATED TO: EVERYTHING FULTONIA – The Fultonia Live/Work Village @ SOTOW project has been designed to help alleviate the shortage of low to moderate priced housing in Central Fresno by adding 39 rental apartments and 10-commercial spaces in the underserved (SOTOW) region – South of Tower & North of Downtown Fresno!
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