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The Luxury Lofts

Construction has begun on the Loft portion of our building (floors 11 thru 16). We have already received preliminary approval from the State of California Department of Real Estate for the 27 unit "Condominium Split" and  requirements for the Change of Occupancy  from the City of Fresno. We are working diligently to restore this architecturally significant and beautiful building.

The residences in the tallest skyscraper in Fresno are custom designed with a minimum of ten windows overlooking the downtown Fresno cityscape. Some general appointments include dual pane, tilt in windows for ease of cleaning, gas fireplaces in living rooms, exposed concrete ceilings and brick veneer on exterior walls, large walk-in master bedroom closets, bamboo or hardwood floors, granite countertops, trash compactors, and  Tennessee Walnut marble (from the building) lining the bathrooms. Upscale kitchen appliances will be offered along with stackable washer/dryer units and Toto plumbing fixtures.

Community rules (CC&R's) have been developed for this project and parking spaces will be offered to residents as needed at the going market rate for our valet parking in our underground parking garage. A small monthly association fee will be needed to cover janitorial costs for maintaining the hallways and digitized elevator.

Lofts are being offered for Lease ($2 per sq. ft.)with Option to Purchase (at $375.00 per sq. ft.) so the individual lease/selling prices of the residences will be contingent upon the number of square feet in each loft. The above price per square foot was determined by comparing the selling price of the average home:loft in 5 cities in the United States. This ratio is comparable in each of the cities and by utilizing the average selling price of a home in Fresno and applying the above ratio to it, we were able to ascertain the value of a loft in the Fresno area.

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