A long-stalled downtown housing project is one step closer to finally breaking ground after securing the tens of millions of dollars needed from the bond market to begin construction.
Pending approval from the Fresno City Council, The Park at South Stadium Apartments at Fulton and Inyo Streets is expected to begin construction this year, after more than a decade of false starts, with the addition of nearly $70 million in funding.
The 174-unit apartment project has been stuck in finance hell since 2016. But Fresno Mayor Jerry Dyer, a long-time proponent of the project, cheered the recent burst of good luck through a Friday news release…