City of Fresno Agenda Regular Meeting 2026-05-21
Frida Café to Lease Historic Fresno Water Tower
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Description
Fresno will lease the historic Fresno Water Tower at 2444 Fresno Street to Downtown Development Group, LLC, doing business as Frida Café, starting at $9,252 in first-year rent with 3% annual increases. The agreement runs for three years with two optional one-year extensions, totaling about $49,120 in rent over five years.
Contract Details
Contract Amount
$9,252 in year one increasing 3% annually; totaling $49,120.12 over five years in rent
Vendor
DOWNTOWN DEVELOPMENT GROUP LLC DBA FRIDA CAFÉ
Agency
City of Fresno - Dept. of Public Utilities, CA
Contract Type
FACILITIES
Document Date
May 21, 2026
Contract Term
Three years with options to extend for two additional one-year terms (up to five years total)
Renewal Info
Lease includes two additional one-year extension options beyond the initial three-year term.
More from DOWNTOWN DEVELOPMENT GROUP LLC DBA FRIDA CAFÉ
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AWARDEDCity of Fresno Meeting Agenda 2026-05-21
PENDINGIssuing Agency
City of Fresno - Dept. of Public Utilities
Special District
Fresno, CA
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