A couple of lots that have sat empty on Fulton Street, just south of the Tower District, since 2011 are finally undergoing a transformation into new live and work spaces.
The walls are going up on a 31-unit complex, just north of Belmont Avenue, called Fultonia West. The art-deco-designed project is a joint development between the Fresno Housing Authority and TFS Investments, led by Terance Frazier.
The project connects the Tower District to downtown Fresno and gives people, who want to live in the downtown area, more affordable units to choose from, Frazier said. “We need more affordable units in the downtown if we want massive growth,” he said.
Designed by Fresno architect Marvin Armstrong, Fultonia West will have one- and two-bedroom units. Seven of the apartments will have commercial space facing Fulton Street. Monthly rental rates will range from $615 to $770.
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Michael Duarte, director of planning and development at the housing authority, calls the development workforce housing. It’s designed to attract young professionals.
“You’re not going to get the executives living here,” Duarte said, “but it’s a lot of the entry-level workforce.”
Construction is expected to finish by March 2016.