California Today

Long-Stalled Downtown Fresno Housing Project Secures Funding, Set to Break Ground

01 June 2026 16:55

A long-stalled downtown Fresno housing project has secured nearly $70 million in bond financing and closed escrow with the city, paving the way for construction to begin in August 2026. - The Park at South Stadium Apartments will feature 174 units at Fulton and Inyo Streets.

- The project has been in development since 2015 and faced multiple delays. - Total cost is approximately $80 million, with remaining funding from city programs.

- The Fresno City Council will vote on the final funding agreement on June 18, 2026. The project is expected to open in summer 2028, marking a major milestone for downtown revitalization efforts.

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Fresnohousingpoliticseconomy