In addition to utility and stormwater improvements, a $100 million installment for downtown Fresno included in the state’s 2026-2027 budget will help the city fund a new transit center, park and more loans for housing construction in the area.
It will be the final installment of the $250 million Gov. Gavin Newsom promised the city for downtown infrastructure improvements in 2023. Downtown has long struggled with stalled housing construction, but city leaders are hoping the improvements, and the eventual arrival of high-speed rail, will spur a population and development boom in the area.
“This investment is changing the trajectory of Fresno,” Mayor Jerry Dyer said in a news release. “Downtown Fresno and Chinatown will never look the same. We are building the foundation for thousands of new residents, new businesses, new jobs, and a downtown that is active, walkable, and ready for the future.”…