It’s boarded up, empty, and in disrepair.
But someday it could be clean, polished, and open for business.
This is an artist rendering of The Hotel Fresno of the future. A future that’s not so far fetched after a Fresno City Council vote that paves the way for tax credits and funding for the renovation..
Renovation hopes have been discussed for years for this 100 plus year old building that’s on the historic register. What was once a high end gathering spot for Fresnans, has sat vacant since the 80’s. Vandals have striped it clean of anything of value. Construction is slated to begin in one month to convert it into a 79 unit affordable housing complex. “They’ll go from 30% of income all the way through 80% of income. So working families will be able to live and work downtown,” says project developer Lafaba Gougis.
The council vote qualifies the project for Opportunity Zone tax credits. Apek International’s construction plan is slated to cost $26 million. The project developer says the units will be modern and accommodate different income levels. The hope is that project will contribute to Downtown Fresno’s revitalization while also preserving Fresno’s treasured past. According to Fresno City Council Member Miguel Arias, “it would be much cheaper for us to tear things down and build from the bottom up but it doe3sn’t maintain the integrity of our history in Fresno.”
That history could once again come to life sometime soon.