Fresno, it's not all badarchop: "The new owner is the Penstar Group, a Fresno based developer. The soft spoken but confident Penstar Group CEO, Tom Richards said that they had investigated buying the building before but the timing was not right. He also stated that them buying the building now is a vote of confidence from the private sector in the actions and policies that the City of Fresno is putting in place regarding downtown revitalization." - I've said it before, and I'll keep saying it, Fresno needs to continue work on downtown. They need to attract some of the young up-and-comers to downtown by offering incentives to get them down there. But, don't stop there, it would be nice to see established companies move downtown. I'd love to see Pelco downtown, I know it's not likely to happen, but a guy can dream can't he? Downtown need to become a place people like to go, not a place they want to avoid at all costs. It needs department stores and companies that offer professional services. It needs a facelift, and it's starting to happen, but it'll take time. Hopefully moves like the newly opened Iron Bird Lofts and the Penstar Group's acquisition of the Bank of Italy building will start a new trend, the revitalization of Downtown Fresno.
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You’re currently reading “Fresno, it's not all bad,” an entry on Rob Fahrni
- 11:20 PM
- by Rob