Fresno Bee Newsroom Blog

Real Estate: GV Urban unveils $12 million downtown residential project

 

(Photo provided by Granville Homes. A street level view of the Metropolitan Museum Block project in downtown Fresno.)

GV Urban, a division of Granville Homes, has unveiled plans for a $12 million project around the Metropolitan Museum in downtown Fresno.

The builder wants public input on what you like and don’t like about the plans. You can even help decide on a name.

“This is a transformational project that represents the next step in the rebirth of downtown Fresno,” said Granville president Darius Assemi. “The Met project will continue the revitalization of downtown and will bring new life to the area surrounding the museum.”

Known so far as the Metropolitan Museum Block, the project includes the construction of 88 residential and live and work units on 2.2 acres of land bordered by Van Ness, Calaveras, Fulton and Stanislaus streets.

The museum, which is the former home of The Fresno Bee on Van Ness Avenue and is now owned by the city of Fresno, will remain. The former Theater 3 building on Fulton Street will also stay.

My colleague, George Hostetter reports that Assemi’s cousin, Reza, has plans to redevelop the theater property. For those who don’t remember, Reza Assemi jump-started downtown development by renovating the old Red Cross Building on Fulton Street into the four-unit Pearl Building which opened in 2001.

Reza Assemi, Granville and a third family company, Pyramid Homes, have since built seven other downtown living spaces including Broadway Lofts, H Street, Vagabond, Iron Bird Lofts, Studios 64, Fulton Village, and Bungalow Courts. An eighth development, Van Ness Cottages, is located just north of downtown on Van Ness Avenue in the Lowell Neighborhood.

Granville is also in the middle of building 1612 Fulton, a 30-unit mixed-used development, down the street from the museum.

(Photo provided by Granville Homes. A look at the inside of an apartment at the new Metropolitan Museum Project.)

Back to the Met project. People interested in living downtown can choose from studio, one- and two-bedroom apartments at the new development. There will also be live and work units similar to the nearby Iron Bird Lofts which has living space on top of businesses. Garages will also be built.

The rent is expected to be between $800 and $2,300 a month.

The Met project is scheduled to break ground this fall and be ready for occupancy next summer.

For more information or to provide comment on this project, visit gvurban.com.

Responses

Free From Fresno says:

Is this a joke, who lives in downtown Fresno NEways?

Bryan Harley says:

They should not referring to it as “the museum,” there hasn’t been a museum there for 3 years now. Since April 2012 the 2nd floor has been occupied by CMAC, the new community media center for Fresno/Clovis. Come by any time and I’ll give you a tour.

Eleanor B. Severns says:

I cant wait when their plan has been materialized. http://www.columbusdowntowncondos.blogspot.com

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