'This is fun stuff,' Fresno developer says of his South Stadium project
The Fresno City Council voted 6-0 with member Esmeralda Soria absent Thursday to approve new development near Chukchansi Park in downtown Fresno.
The South Stadium Project is a proposed $15 million mixed-use complex that would be built on the reopened Fulton Mall. The council approved an offer of free land to Mehmet Noyan and Terance Frazier, the developers planning to build it. They have a year to secure the cash needed to build the development. If they do not, the land will remain under city control.
Fresno Grizzlies general manager Derek Franks and Downtown Fresno Partnership member Craig Scharton offered support for the South Stadium Project during public comment prior to the vote.
Councilman Oliver Baines said the project was “an example of leveraging the best asset we have downtown: Chukchansi Park.”
“We have a beautiful stadium, a winning team and winning management,” Baines said. “The stars have aligned for us.”
Councilmen Steve Brandau and Lee Brand spoke in favor of the deal, stressing to the public that the city is not on the hook for any of the development. It is simply offering land, and that land will only be transferred if the project is fully funded.
Construction will begin after the Fulton Mall opens, which is expected to be in about 15 months.