News


Popular bakery chain Paris Baguette is opening 2 new spots in Fresno. Here’s what we know

The Fresno Bee – October 9, 2024

Did someone say “croissant”? A French-inspired bakery chain is coming to Fresno. Paris Baguette plans to open two new shops at local retail centers next year. “We wanted to open a Paris Baguette here in Fresno because that’s where our children grew up,” said Nikki Tulyag, who owns the new franchise locations with her husband, Anvar. “It’s home for us” Read More...


Northwest Fresno to raise some Cain this Tuesday

The Business Journal – June 16, 2024

Popular fried-chicken restaurant Raising Cane’s will open its second Fresno location on Tuesday, bringing the popular restaurant chain closer to residents near the fast-growing El Paseo shopping center near Herndon Avenue and Highway 99. Tuesday’s grand opening begins at 9 a.m. and will feature a “Lucky 20” drawing to award 20 customers free Cane’s for a year. The first 100 customers to purchase a combo meal will also receive a commemorative hat and free box combo card, good for a free box combo on a return visit. Read More...


New Raising Cane’s opening in northwest Fresno

KFSN ABC30 – June 16, 2024

A new Raising Cane's restaurant opens Tuesday in northwest Fresno. The Weber and Herndon location is now the chain's second restaurant in the Fresno area. There is also a location in Clovis. Doors open at 9 am. As part of a grand opening celebration, there will be a drawing to award 20 customers free Cane's chicken for a year. Read More...


California’s newest Costco will be one of the biggest in the world

newsbreak.com – April 23, 2024

If you are one of the many who deem yourself a Costco superfan, a trip to California may soon be in order to peruse the aisles of what will be one of the country's largest locations. After lots of legal back-and-forth, a location in northwest Fresno will be replaced by a "massive 219,000-square-foot warehouse," according to Amanda Bartlett at SF Gate. Read More...


Costco relocation approved in Fresno. New site is $98 million investment, company says

The Fresno Bee – April 19, 2024

Costco Wholesale has won a green light from the Fresno City Council to relocate its existing West Shaw Avenue store to a new, larger location on West Herndon Avenue, a few miles to the northwest. The council unanimously approved a cluster of zoning, planning and environmental actions that will allow Costco to develop a 22.4-acre site at the northeast corner of Herndon Avenue and Riverside Drive. Read More...


BLOG: Happy birthday to Marketplace at El Paseo

The Business Journal – April 12, 2024

Ten years ago this week, Fresno’s fastest-growing shopping center got off to a “modest” 300,000 square-foot start with a new Target, Ross, Petco, Burlington, Marshall’s and more. Rich Development, Gryphon Capital and N3 Real Estate partnered on the $74 million Marketplace at El Paseo development at Highway 99 and Herndon Avenue. Read More...





New businesses coming to northwest Fresno shopping center

KFSN ABC30 – July 27, 2023

A northwest Fresno neighborhood is expanding. By next summer, 11 new stores are scheduled to open up shop at the Marketplace at El Paseo Shopping Center in northwest Fresno. Lewis Smith, Senior Vice President at Retail California, says people should look forward to never before seen businesses coming to Fresno. Read More...




Costco plans to move to new location in northwest Fresno

California News Times – October 29, 2021

Fresno, CA (KFSN)-Costco is preparing for a major change in northwestern Fresno. The company hopes to relocate its show and Golden State locations to Herndon and Highway 99, opposite the El Paseo marketplace. The city of Fresno is planning a virtual meeting on November 2nd to begin an environmental review of the project and has questions about its impact on traffic in the area. Read More...




Floor & Decor Launches the Grand Opening of Its Fresno, California Store on May 19, 2021

flooranddecor.com – May 14, 2021

ATLANTA--(BUSINESS WIRE)-- Floor & Decor (NYSE: FND), a leading specialty retailer of hard-surface flooring, will continue its growth when it opens its newest location in Fresno, California on May 19, 2021. The 80,000 square-foot Floor & Decor warehouse store and design center will open with a team of about 45 full-time and part-time associates led by Felix Sefa, the new store’s Chief Executive Merchant. Read More...


Costco preps to move west Fresno warehouse to Herndon, sources say

The San Joaquin Valley Sun – May 10, 2021

Fresno’s oldest Costco Wholesale location is likely on-the-move, sources with knowledge told The Sun, with some new amenities slated for its future location. The Costco, currently located on Shaw Avenue just east of Golden State Boulevard, is set to move to prime real estate on Herndon Avenue. Read More...


Costco Preps to Move Fresno Store to Herndon & 99 Area, Sources Say

GV Wire – May 10, 2021

Fresno’s oldest Costco Wholesale location is likely on-the-move, sources with knowledge told The Sun, with some new amenities slated for its future location. Costco’s outlet now located on Shaw Avenue just east of Golden State Boulevard is set to shift to the northwest — to prime real estate near the sprawling Marketplace at El Paseo shopping center. Read More...


Nothing Bundt Cakes opening shop in northwest Fresno Friday

ABC 30 – August 27, 2020

Get ready for a sweet addition to the Marketplace at El Paseo shopping center in northwest Fresno. Nothing Bundt Cakes is opening another storefront at Herndon Avenue and Riverside Drive on Friday. The new location will be their second bakery in the city and will create 20 new jobs. The cake shop already has a store in Clovis on Willow and Herndon Avenues, and another location in Visalia. Read More...



Hobby Lobby opens in El Paseo

KFSN – Fresno – July 24, 2020

FRESNO, Calif. (KFSN) -- Hobby Lobby is now open in northwest Fresno. The Marketplace at El Paseo location at Herndon and 99 is now the fourth store in the Fresno-Clovis area for the popular craft and home decor chain. Just a couple of weeks ago, Hobby Lobby opened its first store in Clovis--at Shaw near Sunnyside. Read More...



Greek-California fusion spot coming to El Paseo

The Business Journal – March 13, 2020

One franchisee is bringing the food of two different worlds to one shopping center in northwest Fresno. As the up-and-coming Marketplace at El Paseo continues to grow, franchisee Mosa Gazali of Fresno and his partner are bringing Daphne’s Restaurant — a Greek, California fusion restaurant — and Wayback Burger to the developing shopping center at Herndon Avenue and Highway 99. Read More...


Let’s get down to Brass Tap: Franchise brewpub Valley-bound

The Business Journal – January 3, 2020

Fresno’s new Marketplace at El Paseo shopping center will be the first to add a “neighborhood bar concept” to its expanding repertoire of retailers before the model expands to the rest of the Central Valley. The Florida-based Brass Tap franchise will open at the northwest Fresno shopping center, probably around the summertime, according to Lewis Smith of real estate brokerage Retail California. Read More...


Northwest Fresno residents will soon have more options for shopping, eating

ABC30 – November 19, 2019

FRESNO, Calif. (KFSN) -- A longtime vision of a bustling shopping center along Herndon and Highway 99 is coming together at the Marketplace at El Paseo. "Phase two involves a number of exciting new tenants namely Hobby Lobby, a brand new Regal, a state of the art theater. 5 Below, Carter's Children's Clothes," said Lewis Smith, the senior vice president of Retail California. He says most shops like Hobby Lobby will open in spring or summer of 2020. Read More...


Feds Say Yes to Veterans Boulevard’s Final Piece of Funding

gvwire.com – November 6, 2019

A $10.5 million grant from the Trump administration is the final funding piece for $139 million Veterans Boulevard. (GV Wire File) The final funding piece for a key roadway project in northwest Fresno, planned for decades, finally came through. The U.S. Dept. of Transportation awarded the Veterans Boulevard Project a $10.5 BUILD Grant on Wednesday […] Read More...


$25.4M Fresno lease tops 2018 real estate deals

The Business Journal – January 28, 2019

At a cost of more than $24.4 million, you might expect that in the Valley’s most expensive real estate transaction of 2018, you’d get to keep the building. Not that there’s any building up yet on the 20-acre parcel slated to become Phase 2 of the Marketplace at El Paseo shopping center south of West Herndon Avenue and North Riverside Drive. Currently there’s Phase 1 of the shopping center, which includes Target, Old Navy, Tillys and Burlington stores. Read More...


New burger chain headed to Fresno’s El Paseo Marketplace

The Business Journal – December 7, 2018

A new hamburger chain has been finalized for phase two of the El Paseo Marketplace development in northwest Fresno. Wayback Burgers, an international restaurant with locations from Chowchilla to Brunei, is projected to arrive in Fresno by late 2019 or early 2020, according to Chris Shane, managing partner and founder of Gryphon Capital. Gryphon Capital is the development agency working on El Paseo Marketplace. Read More...


Hobby Lobby, movie theater coming to Marketplace at El Paseo

The Business Journal – February 12, 2018

A second Fresno Hobby Lobby and another Regal Cinema are part of phase-two plans for the Marketplace at El Paseo shopping center near Herndon Avenue and Highway 99. Children’s apparel store Carter’s and regional Mexican eatery Que Pasa! are also coming soon to this fast-growing part of Fresno. The Fresno Bee reported that construction on the lot south of Burlington Coat Factory will begin in July with a slated fall 2019 opening. “With the success of phase one and through our marketing efforts, we’re finding great success in leasing,” said Lewis Smith, senior vice president at Retail California, which is marketing the property. Read More...


A second Hobby Lobby, new theater, more stores and restaurants coming

The Fresno Bee – February 9, 2018

Fresno is getting another Hobby Lobby, along with a movie theater and a slew of other stores and restaurants. The newcomers will open at Marketplace at El Paseo, the shopping center with Target at Highway 99 and Herndon Avenue. Construction on the second phase of the center will start this summer just south of the existing center. A few rumors about Hobby Lobby, a craft and home decor store, opening a second location have circulated, but the store has signed a lease with the center, confirmed Chris Shane, a developer and managing partner of Gryphon Capital that’s behind the center. If all goes as planned, the businesses will open in fall 2019. Read More...


Fresno’s new Olive Garden restaurant almost ready to open

The Fresno Bee – June 20, 2017

Fresno’s newly built Olive Garden is almost ready. For years, the area’s sole Olive Garden restaurant on Shaw Avenue in Clovis has attracted crowds willing to wait for their pasta, bread sticks and salad. The newest Olive Garden opens Monday at the Marketplace at El Paseo, the shopping center near Highway 99 and Herndon Avenue in Fresno. The restaurant will open after a 10 a.m. ribbon cutting with the Fresno Chamber of Commerce. This is the same center that will eventually have a Cracker Barrel Old Country store and restaurant. That down-home restaurant serves comfort food like hash brown casserole and has a country-style store with rocking chairs out front. Read More...


Olive Garden looking to hire nearly 100 as Northwest Fresno location set to open late June

ABC30 – June 5, 2017

FRESNO, Calif. (KFSN) -- Olive Garden is still looking to hire close to 100 people at its newest location in northwest Fresno on Golden State and Herndon. The restaurant is gearing up to open later this month and hosted a hiring event Saturday where walk-in interviews were held. Applications were accepted between 9 a.m. and 4 p.m., and because of the turnout, the restaurant plans to extend the event into Sunday. Olive Garden is looking to hire for all its positions - everything from bussers to waiters. The new location is expected to open June 26th. Read More...


Chronic Tacos Opening Two Valley Locations

ABC 30 – April 11, 2017

FRESNO, Calif. (KFSN) -- popular taco chain is expanding to the Central Valley. Signs are now up for Chronic Tacos at the El Paseo Shopping Center in Northwest Fresno, which is scheduled to open in July. They are also opening a location in Clovis at Herndon and Willow which will open next month. Owners tell us the opening of both locations will create about 60 jobs. They are still looking to fill dozens of positions including cooks, assistant managers, servers and greeters. Read More...


Leasing report: Cracker Barrel is Fresno-bound

The Business Journal – March 18, 2017

There’s even more evidence now that a hotly anticipated Cracker Barrel restaurant will indeed be opening in Fresno. Local media for the last several months now have been speculating that the country-themed restaurant and gift shop would be opening in the Marketplace at El Paseo shopping center near Herndon Avenue and Highway 99 in northwest Fresno. Earlier this month ABC 30 made that announcement, but did not name the source of that information. The Fresno Bee has been checking up on the rumors for months, since the shopping center’s website, marketplaceatelpaseo.com, listed Panera Bread and Cracker Barrel as retailers that are “Coming Soon” to a new phase of the center, which currently has a Target anchor and several other stores. Read More...


Cracker Barrel signs lease for Fresno location

The Fresno Bee – March 18, 2017

Cracker Barrel is coming to Fresno after all. A local retail broker, Commercial Retail Associates, has reported to The Bee’s leases section that Cracker Barrel has signed a lease. It’s going into a 9,170-square-foot space at the southwest corner of Herndon Avenue and Riverside Drive, part of the Marketplace at El Paseo near Highway 99. Retail brokers help businesses find places to rent and property owners find renters. The agents working on this deal were Sam Bogdanovich and Nathan Negri. Bogdanovich would not comment; Negri could not be reached. Read More...


Is Cracker Barrel coming to Fresno? Maybe, maybe not

The Fresno Bee – February 9, 2017

Social media is abuzz with the possibility that the popular Cracker Barrel Old Country Store and its restaurant may open a location in Fresno. Will it? Maybe. Maybe not – and there’s several reasons not to get too excited yet. First, know that the down-home, country-style store and restaurant serving classic American dishes like meatloaf and “chicken n’ dumplins” has locations in more than 40 states. None are in California, though plenty of locals make a point of hitting up Cracker Barrel when they’re traveling. Read More...


Chinese eatery goes out, new Mexican restaurant comes in: Clovis gets a Rubio’s

The Fresno Bee – December 13, 2016

Clovis will get its first Rubio’s Coastal Grill Thursday. There are giveaways – including $50 gift cards and Rubio’s merchandise – for the first 50 customers after the 10 a.m. opening. The restaurant is at 950 Herndon Ave., at Clovis Avenue. Rubio’s is in the Trading Post Shopping Center, taking over the space Hunan Chinese Restaurant left behind when it closed. (Hunan fans, before you freak out, note that the original Hunan at Cedar and Herndon avenues in Fresno is still open.) The shopping center has a new owner and underwent an overhaul in recent months. It has a new look and new businesses, including Sprouts, Ross, Tuesday Morning, Skechers and Pieology. Read More...


Two restaurants close, 8 new ones coming

The Fresno Bee – September 6, 2016

Do you want the good news or the bad news first? The good news is there is construction popping up all over town that’s going to hold a slew of new restaurants – some pretty interesting ones, too. The bad news is two of the area’s well-loved restaurants have closed. Let’s start with the closures so I can cheer you up after with news of growing local restaurants and funky newcomers. Read More...


2 new restaurants coming, one with deep fried mashed potato tacos

The Fresno Bee – January 27, 2016

How does a taco stuffed with mashed potatoes and cheese and deep fried sound? That’s one item on the menu of Chronic Tacos, which is headed to Fresno and Clovis. And if burger is more your taste, both cities are also getting more Five Guys burgers and fries restaurants. Chronic Tacos, with its deep fried taco, is a southern California quick-service Mexican chain with a twist. It is opening in the former Thai Fusion restaurant space, which closed last year, at Herndon and Willow avenues. Read More...


Tesla to unveil charging station at El Paseo next month

The Business Journal – January 21, 2016

Electric-car maker Tesla Motors will unveil a “Supercharger” station at the Marketplace at El Paseo in northwest Fresno early next month. The location will feature 10 Supercharger connectors, which allow Tesla vehicles to charge in minutes rather than hours. The shopping center is the first Supercharger location in the Fresno area. “We are thrilled to offer this new service for our customers and community,” said Chris Shane, managing partner with Gryphon Capital, one of the developers for the Marketplace. “Our property compliments the Tesla Supercharger stations. Not only is our location ideally situated for those traveling through the San Joaquin Valley, but our shops and restaurants provide a variety of amenities for customers.” Read More...


Word on the Street: Tesla electric car ‘supercharging’ stations coming to northwest Fresno

The Fresno Bee – January 14, 2016

Tesla is getting ready to debut a Supercharger station in northwest Fresno with 10 stalls to charge its electric cars. The chargers, which will be up and running in the next few weeks, are at The Marketplace at El Paseo, the new shopping center at Highway 99 and Herndon avenue. The red-and-white stations with the distinctive Tesla logo are next to Jersey Mike’s Subs and Pieology in the northeast corner of the parking lot. The stations open up a new avenue of long-distance travel for owners of the electric cars who usually plug them in overnight at home. At the new station, Tesla owners can plug in for 30 minutes and charge enough to travel 170 miles. The Model S Tesla with a range of more than 270 miles can get fully recharged in under an hour. Read More...


El Paseo, NW Fresno’s newest shopping center, sold

The Business Journal – October 28, 2015

Inland Real Estate Income Trust, Inc. has purchased Fresno’s 224,683-square-foot Marketplace at El Paseo shopping center. The sale was announced today in a press release issued by Inland. Matthew Tice, vice president of Inland Real Estate Acquisitions, Inc., confirmed the Oak Brook, Illinois-based Real Estate Investment Trust (REIT) purchased the property from Rich Development and Gryphon Capital, which built the northwest Fresno shopping center in 2014. Read More...



Kirkland’s to open second Fresno store Nov. 7

The Business Journal – October 23, 2015

National retailer Kirkland’s Inc. will open its second Fresno store in the Marketplace at El Paseo on Nov. 7. The specialty home decor store offers decorative items, gifts and seasonal merchandise. Doors open at 9 a.m. on Nov. 7 and the first 50 shoppers will receive a $10 Kirkland’s gift card and a sachet. All grand opening attendees will also have the chance to win one of two $50 Kirkland’s gift cards. Read More...


Pieology Fresno Donates Over $1,000 to Multiple Sclerosis Society

restaurantnewsrelease.com – July 2, 2015

Pieology Fresno Donates Over $1,000 to Multiple Sclerosis SocietyRancho Santa Margarita, CA (Restaurant News Release) Pieology Pizzeria, where pizza lovers go to create custom pizzas in endless flavor combinations, has announced that their recently opened Fresno location at the El Paseo Marketplace raised $1,155.83 for the Multiple Sclerosis (MS) Society. Read More...


Pieology Pizzeria Opens Second Fresno, California Store

QSR Industry News Magazine – May 28, 2015

Pieology Pizzeria, where pizza lovers go to create custom pizzas in endless flavor combinations, has officially opened its second Fresno restaurant. Located at 6709 North Riverside Drive, in the Marketplace at El Paseo near Herndon and highway 99, the newest Fresno location is one of the first to feature Pieology’s new custom salad platform, allowing guests to personalize fresh, made-to-order salads. Read More...


Farmer’s Market at The Marketplace at El Paseo makes its debut

Fresno Bee – April 28, 2015

The central San Joaquin Valley’s seasonal farmers markets are gearing up for another season. From Madera to Tulare counties, the markets will be selling fruits, nuts, vegetables and homemade products to an increasing number of customers. Nationwide, the farmers market movement has grown over the last several years. Read More...


AT&T debuts new concept store at Marketplace at El Paseo

The Business Journal – January 19, 2015

AT&T’s store of the future opened today in Fresno. The new, 3,300-square-foot retail outlet — which AT&T calls its concept store — is located at 6733 N. Riverside Drive in The Marketplace at El Paseo shopping center in northwest Fresno. The store features a floor plan specifically designed to “reinvent the shopping experience” for AT&T customers, said Julie Tone, the company’s director of external affairs. Read More...


New Fresno Ross opens July 19

The Business Journal – July 8, 2014

Ross Dress for Less will open a new store at the Marketplace at El Paseo, 6509 N. Riverside Drive in northwest Fresno July 19. It will also open two other Northern California on that date, bringing the total to 264 stores in its largest state. The two other stores are in Sacramento and Placerville. The new openings are part of the retailer's 2014 expansion program, totaling approximately 75 new locations during the year. Read More...


Maurices opens Fresno store

The Business Journal – March 28, 2014

The Fresno store has 10 employees, two full-time and eight part-time. It is a milestone for the women’s fashion clothing provider that started with a small retail store in downtown Duluth, Minn. Maurices will open 60 new stores and will operate more than 925 stores in 46 states and Canada by the end of its fiscal year in July. Read More...


More stores opening at The Marketplace at El Paseo

ABC 30 News – March 20, 2014

More stores are opening their doors at The Marketplace at El Pasaeo shopping center in Northwest Fresno. Thursday morning, dozens of shoppers lined up to be amongst the first at Marshall's in The Marketplace at El Paseo. "I think it's wonderful," said Madera resident Phyllis Scott. "I can't wait until they are all open." Fresno resident Brianna Rosales "I'm a big Marshalls fan, TJ Maxx, so it's really exciting for them to bring this out here." Read More...


Marketplace at El Paseo in northwest Fresno holds grand opening

The Fresno Bee – March 9, 2014

The Marketplace at El Paseo, the large shopping center on Herndon Avenue just east of Highway 99 in northwest Fresno, held a grand opening Monday morning. The center broke ground in early 2013. Rich Development says it's nearly 95% leased to tenants including Target, Ross Dress for Less, Petco, Burlington Coat Factory, Marshall's, Tilly's, Anna's Linens and Old Navy. Read More...


New Target store opens in Northwest Fresno

ABC 30 News – March 8, 2014

The new Target store in Northwest Fresno held its grand opening on Sunday. The store is the first business to open as part of the Marketplace at El Paseo near Herndon Avenue and Highway 99. Marshalls, Old Navy and Burlington Coat Factory are just a few of the others also expected to open at the new shopping center. City leaders hope the additions will bring more jobs and sales tax revenue to the area. Read More...


Retail Therapy: Popular retailers open at Fresno’s Marketplace

The Fresno Bee – March 7, 2014

Shoppers in northwest Fresno are about to have a lot more options as The Marketplace at El Paseo shopping center opens. A few stores in the first phase of the center on Herndon Avenue near Highway 99 are scheduled to be open this weekend — Target, Tilly's and Maurices — with the rest opening throughout March, early April and this summer. Read More...


Marketplace at El Paseo opens Monday

The Business Journal – March 6, 2014

Marketplace at El Paseo will celebrate its grand opening on Monday with a breakfast and ribbon cutting ceremony starting at 8:30 a.m. Dignitaries and local officials will join the project developers, Rich Development, Gryphon Capital and N3 Real Estate in marking the opening of the $74 million project located at Highway 99 and Herndon Avenue. Read More...


Burlington plans Fresno grand opening

The Business Journal – February 24, 2014

Burlington, a national off-price retailer, is opening a brand new location in Fresno at Marketplace at El Paseo at 9:30 a.m. on March 28. It will be one of the first stores to open in the center. A Target store is also scheduled to open there in March. The retailer will host a ribbon cutting ceremony to celebrate jobs, community and shopping at the new store. The location is 6509 N. Riverside Drive. Read More...


Burlington announces store at new Fresno development

The Business Journal – November 4, 2013

The Fresno area will get its third Burlington Coat Factory store next year when the off-price retailer opens a location opens in the new Marketplace at El Paseo next year. Burlington is one of a handful of tenants planned for the new development, sited along Herndon and Bryan avenues in northwest Fresno. The 60,000 square-foot store is expected to open spring 2014, bringing anywhere from 50 to 100 jobs to the area. Read More...


Target is pleased to announce plans to open new stores in Fresno and Rocklin, Calif.

Yahoo Finance – June 27, 2013

Target is pleased to announce plans to open new stores in Fresno and Rocklin, Calif., in March 2014. The new Fresno store, located on North Riverside Drive, will be part of the Marketplace at El Paseo shopping center. The new Rocklin store, on the northwest corner of Interstate Highway 80 and Sierra College Boulevard, will be part of the Rocklin Commons shopping center. Read More...


Judge denies Madera County plea to halt Marketplace center in NW Fresno

The Fresno Bee – June 17, 2013

A Superior Court judge has denied a petition by Madera County to halt construction of the planned Marketplace at El Paseo shopping complex in northwest Fresno. Madera County officials filed paperwork this month to stop the 75-acre project, alleging that city officials were not providing proper oversight of the work site near Highway 99 and Herndon Avenue. Read More...


Word on the Street: Work begins on Marketplace at El Paseo

The Fresno Bee – April 21, 2013

Heavy graders have begun shoving dirt around on the former fig orchard that eventually will become the Marketplace at El Paseo, more than two years after the Fresno City Council approved the development. A blue fabric fence surrounds the work taking place on about 75 acres on the south side of Herndon Avenue at Bryan Avenue, east of Golden State Boulevard. A steady stream of trucks flowed in and out of the site one morning last week. Read More...


N3 Partners On El Paseo Project

The Star-Telegram – April 6, 2013

Southlake-based N3 Real Estate, a retail real estate investment development firm, said it has partnered with Rich Development Enterprises and Gryphon Capital for a $60 million Target-anchored shopping center in California. The 398,000-square-foot Marketplace at El Paseo in Fresno will include several junior anchor stores and is expected to open in March 2014. Read More...


Partnership to Develop $60 Million Power Center

Shopping Center Business – March 27, 2013

A partnership between N3 Real Estate, Rich Development Enterprises and Gryphon Capital will develop the 398,000-square-foot Marketplace at El Paseo in Fresno. The $60 million project will be anchored by a Target. Additional tenants will include Ross Dress for Less, Petco, Burlington Coat Factory, Marshalls and Old Navy. Marketplace at El Paseo will open in March 2014. Read More...


N3 Real Estate Partners with Rich Development Enterprises, LL C & Gryphon Capital to develop a Target-Anchored Power Center

Southlake, Texas – March 26, 2013

N3 Real Estate of Southlake, TX is pleased to announce a partnership with Rich Development Enterprises and Gryphon Capital on the closing and start of a $60 million development for a Target-anchored shopping center in Fresno, CA. Marketplace at El Paseo in Fresno, California will be approximately 398,000 square feet. The tenants will include Ross Dress for Less, Petco, Burlington Coat Factory, Marshall´s, and Old Navy. Read More...


Lawsuits shrink plans for Fresno’s El Paseo development

The Fresno Bee – December 31, 2012

Plans for a giant shopping and entertainment center off Highway 99 at Herndon Avenue, once hyped as northwest Fresno’s answer to River Park, are headed for a downgrade. Two lawsuits challenging the project, one from the managers of the River Park commercial plaza eight miles away, have prompted the developer to scale back the proposed Marketplace at El Paseo — at least for the time being. Read More...


El Paseo project in NW Fresno gets go-ahead

The Fresno Bee – December 17, 2010

The Fresno City Council approved the environmental-impact report Thursday night for the first phase of a $500 million retail and entertainment center proposed for northwest Fresno. The decision came after Fresno City Council Member Andreas Borgeas peppered developer Chris Shane of Los Angeles-based Gryphon Capital with questions for two hours on security, fire safety, traffic and the potential effect on nearby homes and businesses. Read More...


$500 Million Northwest Fresno Center Pushed

The Fresno Bee – December 13, 2010

An ambitious shopping and entertainment center proposed for northwest Fresno could turn vacant land into a development that would rival River Park -- if it overcomes a series of challenges. Los Angeles developer Chris Shane's dream, south of Herndon Avenue and east of Highway 99, already has run into opposition from some neighbors concerned about traffic. Read More...