Fresno Bee Newsroom Blog

Real Estate: Pearl 2 under construction in downtown Fresno

(Photo courtesy of Marvin Armstrong, Architect.) Rendering of the Pearl II development
in downtown Fresno.

Residential construction in downtown Fresno keeps coming and coming.

Ten new housing units are being built behind the Pearl Building on Fulton Street in what the project designers are calling Pearl 2.

The 5,600-square-foot development from Pyramid Homes, an Assemi family company, is actually two three-floor buildings connected by a balcony on the second floor. Two of the units are studio apartments that are about 350 square feet. The remaining eight one-bedroom units are about 600 square feet.

The Marvin Armstrong, Architect team in Fresno is the designer. Armstrong is sticking to the contemporary design reflected in the other Assemi projects downtown like 64 Fulton, Fulton Village and Iron Bird Lofts.

The building will have stucco walls, tall windows that allow in natural light, and an enclosed courtyard for residents, Armstrong said.

This is Armstrong’s first new development project downtown. His company worked with Pyramid Homes on the adaptive reuse of the existing 64 Fulton building, on Fulton and Divisadero avenues. The 1953 office building was turned into 19 apartments.

“I think it’s a nice improvement for the downtown,” Armstrong said about the new projects. “With more units on the way, I think the area will continue to improve and become a livable space.”

Drivers traveling east on Fulton Street can already see the tower-shaped buildings take form behind the four-unit Pearl Building which was transformed by developer Reza Assemi in 1999 paving the way for a growth in downtown living.

There are now a little more than half a dozen residential developments downtown. Pearl II should be ready by spring time, Armstrong said.

Nearby, GV Urban – a division of Granville Homes – is building a 30-unit development called 1612 Fulton.

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