Development Watch

City of Fresno

A number of affordable housing projects in Fresno, Tulare and Kern Counties are getting a financial boost from the state’s cap-and-trade program. The state’s Strategic Growth Council announced Wednesday that the four developments will receive around $50 million from the program, which aims to reduce residents’ reliance on cars, through supporting "transit-oriented" development. 

Christopher Rocha - http://www.vintagefresno.com/ - used with permission

UPDATED 2/26:

A long-awaited development project near Chukchansi Park has earned the Fresno City Council’s unanimous approval.

The city authorized more than $1 million dollars in public money to enable developers to construct a mixed use commercial-residental building at the corner of Fulton and Inyo streets next to the park.

Council member Oliver Baines, whose district includes the project, urged support for the deal.

17th Place Townhomes

Downtown Bakersfield is about to get another new housing development. Officials including Mayor Harvey Hall are celebrating the groundbreaking of the 17th Place Townhomes. 

Project manager Austin Smith says the 3 story,  44-unit complex is the first market rate luxury housing development in downtown Bakersfield in years. 

Joe Moore / Valley Public Radio

Fresno’s Fig Garden Village Shopping Center has a new owner today. New York-based Rouse Properties has announced that it has purchased the outdoor mall for just over $106 million.

In a prepared statement company CEO Andrew Silberfein said the corporation sees  “significant value creation opportunities” at the center and plans to add “more powerful and productive retailers” in the future.

Joe Moore / Valley Public Radio

Fresno's Blackstone Avenue has seen better days. A drive down the six lane strip of asphalt that stretches from downtown past ramshackle used car lots and abandoned storefronts all the way to the booming River Park area on the northside, can tell you a lot about where the city has been and where it is headed. 

Heather Heinks / City of Fresno General Plan Update

The Fresno City Council is scheduled to hear public comments on the city’s new 2035 general plan in meeting at the Convention Center this evening. The move is the last step before a vote next week on the document that will chart the city’s growth for decades to come.

City planning director Jennifer Clark says the new General Plan attempts to answer a question that has perplexed city leaders for decades:

Joe Moore / Valley Public Radio

The historic Hotel Fresno, a landmark on the city's skyline since 1912, could soon be reborn as the latest residential development in the downtown district.

The Fresno City Council is set to vote Thursday on a plan that would allow potential new owners APEC International, LLC to move forward with the $21 million restoration project. Their vision would transform the vacant hotel into a 70 unit apartment building.

Joe Moore / Valley Public Radio

One of Fresno's oldest restaurants could soon have a new home, in what is now a parking lot at the Fresno Convention and Entertainment Center.

On Thursday the Fresno City Council is set to vote on a proposal to sell a portion of the city-owned lot at the corner of Ventura and O streets to Gary Lanfranco, owner of the Cosmopolitan Bar & Grill. 

Mission Housing Development Corporation

When it was first announced nearly seven years ago, the Bastian Court apartment complex was supposed to be an important part of a revitalized downtown Fresno. The city council liked the vision so much that they approved spending over $3 million in low-income housing funds on the project.

But now the land hat was once slated for a five story mixed-use building near the former Fresno Met Museum sits vacant, and could soon have a new owner - the City of Fresno. 

City of Fresno

Downtown Fresno's Chukchansi Park could get some new mixed-use neighbors and a makeover, if a new development plan advanced by city officials moves forward.

According to a copy of the proposal obtained by KVPR,  the City of Fresno and the city's redevelopment successor agency are asking developers to submit plans to purchase publicly owned land near the stadium and build housing and retail developments. The project, which would cover over 5 acres, could also include a portion of land within the city-owned Chukchansi Park along Inyo Street. 

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