City of Fresno Meeting Agenda 2026-05-21
Fresno Water Tower leased to Frida Café operator
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Description
The City of Fresno plans to lease the historic Fresno Water Tower at 2444 Fresno Street to Downtown Development Group, LLC, doing business as Frida Café, for an initial annual rent of $9,252 with 3% yearly increases, totaling about $49,120 over five years. The agreement runs three years with two optional one-year extensions.
Contract Details
Contract Amount
$9,252 starting annual rent, 3% annual increase, totaling $49,120.12 over five years
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-year lease with two additional one-year options (up to five years total)
Renewal Info
Lease includes two optional one-year extensions beyond the initial three-year term, with 3% annual rent increases.
More from DOWNTOWN DEVELOPMENT GROUP LLC DBA FRIDA CAFÉ
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APPROVEDIssuing Agency
City of Fresno - Dept. of Public Utilities
Special District
Fresno, CA
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