Two firms to build commercial buildings in Old Town Clovis

JULY 7, 2015

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Two local development companies will build commercial buildings next to the recently completed Centennial Plaza in Old Town Clovis, bringing more restaurants, retail and office space to the city’s growing urban center.

Centennial Plaza Development Group, made up of the Shamshoian family, owner of Realty Concepts in Fresno, and Bill Cummings and James Reedy, owners of Legacy Construction in Fresno, will develop the northern end of the site at Pollasky and Bullard avenues.

Roger Peterson of the Peterson family and Roger Peterson Investments in Clovis will develop the southern lot, the city announced Tuesday.

The plaza, formerly home to the Department of Motor Vehicles and Clovis City Hall, underwent its first transformation late last year turning part of the empty dirt lot into a park-like setting with benches, brick facing, cement walkways and antique-looking lighting fixtures.

At the center of the development is an oak tree that is one of 100 planted around Clovis to commemorate the city’s 100th anniversary in 2012.

Both developers are considering three-story buildings, for a total of 31,000 square feet, to blend in with the architecture of the southern part of Old Town Clovis such as the fire station next door and the lawyer’s office building across the street.

Realty Concepts plans to have an office and restaurants in its building, the city said. Its goal is to start construction in early summer 2016.

Peterson, a longtime Fresno and Clovis developer, is planning on having retail and office tenants. He said late Tuesday that retailers are already calling about spaces in the building.

“It’s a good location,” Peterson said. “The city’s done a nice job with the site. It looks good and you get a lot of traffic down there on weekends particularly. I think retailers will do very, very well catering to that traffic.”

He plans on having office space on the third floor and possibly part of the second floor. Peterson may also move his office there.

The city said in a news release, “These developments will leverage the investment made with some of the last redevelopment funds available in the Old Town area to continue its growth as the heart of Clovis.”

Read more here: http://www.fresnobee.com/news/business/article26694847.html#storylink=cpy