The Fresno Housing Commissioners approved the purchase of the former downtown Fresno CVS Pharmacy for $2.8 million, as the possible site of a future affordable, mixed-use development. Source: Downtown Fresno Partnership

March 28, 2023 — Fresno Housing Joint Board of Commissioners

Documented by Kendra Staub

What happened: At its Tuesday meeting, the Fresno Housing Authority Joint Boards of Commissioners approved the acquisition of the former CVS Pharmacy property located at 1302 Fulton Mall for $2.8 million, as the possible site of a future affordable, mixed-use development.

The CVS closed in September 2022 and the 22,350-square-foot building has sat vacant alongside its parking lot on 1.73 acres, which is currently zoned for mixed-use.

According to the meeting agenda, future use as a mixed-use development is “speculative at this time” and staff anticipates that the property will continue to be used as a parking lot until a future land-use decision is made.

The agenda also notes that, “the proposed site for acquisition aligns with the Board’s goals to provide infill housing and revitalize neighborhoods while expanding the Agency’s footprint in downtown Fresno.” The purchase was approved unanimously.

And also: The commissioners and Fresno Housing staff thanked former County Commissioner Nikki Henry for serving on the Board and welcomed Kyle Chaney who will be filling her seat.

Chaney is a sales manager for Guarantee Real Estate. He ran and lost his bid for Clovis City Council in 2022.

Up next: The Fresno Housing Board is scheduled to meet again on April 25.

Read more from this meeting:

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The Fresno Documenters are a group of local residents who are trained and paid to attend and take notes at local public meetings where officials decide how to spend public money and make important decisions...