Civic IQ
FACILITIESAPPROVED

City of Fresno Agenda Regular Meeting 2026-06-04

Frida Café to Lease Historic Fresno Water Tower

$9,252 in year one; total $49,120.12 over five yearsFresno Yosemite International Airport AuthorityDOWNTOWN DEVELOPMENT GROUP LLC DBA FRIDA CAFÉJune 3, 2026

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Description

Fresno will approve a lease with Downtown Development Group, LLC, DBA Frida Café, to occupy the historic Fresno Water Tower for three years with two one-year renewals. Rent starts at $9,252 in year one with 3% annual increases, totaling $49,120.12 over five years.

Contract Details

Contract Amount

$9,252 in year one; total $49,120.12 over five years

Vendor

DOWNTOWN DEVELOPMENT GROUP LLC DBA FRIDA CAFÉ

Agency

Fresno Yosemite International Airport Authority, CA

Contract Type

FACILITIES

Document Date

June 3, 2026

Contract Term

Three-year lease with two additional one-year options

Renewal Info

Initial three-year term with two optional one-year extensions; rent escalates 3% annually.

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