FRESNO, Calif. (KFSN) — After years of planning, officials broke ground on a long-awaited housing development next to Chukchansi Park in Downtown Fresno.<\/p>\n
The project, known as the Park at South Stadium Apartments, will include more than 170 housing units in an eight-story building. According to Mayor Jerry Dyer, 70 of those units will be designated as affordable housing.<\/p>\n
“We’re not just breaking ground on another apartment building. We are breaking ground on the future of downtown Fresno,” Dyer said during the groundbreaking ceremony.<\/p>\n
City leaders say they hope the development will help attract students and young adults to the heart of the Brewery District and spur additional growth in the area.<\/p>\n
“Projects like this create momentum and we know that momentum attracts investment and more investment creates business and more jobs,” Dyer said.<\/p>\n
The development comes after years of challenges and multiple iterations of the project. District 3 Councilmember Miguel Arias said he was warned against becoming involved with the development when he first took office.<\/p>\n
“This is a third version of South Stadium with a third group of developers and a third vision of what it could be, and we finally got it done,” Arias said.<\/p>\n
The developer also said the project is expected to contribute to downtown Fresno’s continued growth.<\/p>\n
“Not only a wonderful 8-story building but a very innovative project that is going to have housing, of course, but also programming that is going to be part of the downtown fabric of Fresno,” the developer said.<\/p>\n
Rent prices have not yet been set. The development is expected to include about 40 parking spaces for residents.<\/p>\n
A ribbon-cutting ceremony for the project is expected in 2028.<\/p>\n
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