San Joaquin Valley Gentrification thread(Fresno, Merced, Stockton, Bakersfield) (Clovis: section 8, leasing)

[Moddedintegra56]

Fresno is the the obvious front runner as the next big city to make it after Sacramento. It's a big city that already has it all with various types of neighborhoods including affluent areas, big name D1 school in Fresno state, variety of higher education options in community colleges, malls and shopping areas boasting upper scale stores (though still missing a lot) it does have Whole Foods and trader joes. Luxury brand car dealerships in Mercedes, BMW, etc. Close by Casinos, one that is currently going through a huge renovation
https://www.youtube.com/watch?v=KtkXIbxedvY
and another one already pretty nice in Chukchansi.

Fresno is on it's way to be like a Sacramento, while Merced can be a UC Davis.

Big issue that will continue that will keep fresno growth slow is lack of white collar jobs. Sac's abundance of GOV jobs and even a growing tech sector will always be a draw for talent and more educated. Without those type of job's and high income earners which means big spenders wont attract stores/businesses only found in areas that have those specific demographics.

Income inequality will continue to rise in Fresno if Fresno continues to attract remote workers. Home prices in the area don't seem to be going down, and the best areas are already seeing $600-800K+

[Moddedintegra56]

Originally Posted by Pro1000

Gentrification hasn't hit Fresno yet.. if ever. Downtown is slowly starting to turn things around after being dormant for about thirty years but everything is Northside dominate now and more than likely in the future.

Fresno still can't find the recipe for a successful downtown. You can see the potential and the effort they have put thus far:
https://www.youtube.com/watch?v=QlCbuYDz-Xw&

As painful as it sounds for me to say this, I dont think they realize it will never be successful unless you get hipsters making a lot of money, or those who live up north fresno/clovis making good income start living in and around downtown. But the problem with that is that will never happen because downtown and surrounding has always been known to everybody in the 559 as an undesirable and often every negative description ever said about a particular neighborhood. It's mostly often low income housing and earners. Some people talk about bringing big name and fancy stores in downtown. Those businesses do their research and first is demographics and once they see the demographics in a 1, 2, 3, heck who knows how many mile radius, why would they risk building there when a sure thing is building in north fresno or clovis where all the high income earners and big spenders live.

And of course the next issue is how can we bring those type of people in downtown? Well if maybe the big college was around downtown so you had a hip energetic crowd of college students, and profesors and other EDU professionals living in around that would help, but nope, Fresno state is all the way down shaw way far. And in general Fresno has little white collar jobs unlike say a sacramento to where it would convince people to live around downtown like you see around Sac with east sac, mid town, land par etc which are all nice *hate it or love it* gentrified areas, that now depending on some areas cost a pretty penny to live in. While the cheapest real estate in fresno is around downtown because no one wants to live there.

Every once in a while you can see the potential of downtown when there is some kind of event happening and everyone from all parts of frenso/clovis flock to it, but it doesnt happen enough to help sustain the businesses around and many of times, those small local shops end up closing, limited hours, and store fronts become boarded up and blighted.

I feel the city of fresno and downtown has done it all except address the above obvious. Unless we all of a sudden start seeing big name white collar companies setting up shop IN downtown fresno to bring the talent/educated/high income earners to jump start gentrifying the area, the only realistic scenario I see happening is IF/WHEN HSR fully connects to the bay area as the station will be in downtown.

[dontbelievehim]

Downtown Fresno has too many abandoned buildings and old Warehouses. They need to fix a lot of buildings first before there's any chance of success. Going after hipsters is the right move. Too many conservatives and prudes in the north side of town, they're never making the trek.

Edit:
More businesses like these and less cowboy clothing stores is what's needed

https://www.figandhoneygrazing.com/

https://modernistfresno.com/



New casino in porterville

https://thebusinessjournal.com/new-e...n-porterville/

Merceds first mixed use property. Might be

https://mercedcountytimes.com/a-visi...promised-land/

[dontbelievehim]

Newsom is bringing a medical school to Merced.
They'll study in Merced and train in Fresno. It will be the first large medical school in the sjv. New info below

https://gvwire.com/2021/10/25/newsom...-school/?amp=1

Bakersfield city manager is saying that bako doesn't have any mixed use projects in the works right now, but they are looking at starting projects asap . I could see bako putting up a lot of projects because there's so much land there.

Fresno is likely getting a race track similar to Vegas(pay to drive). The city council seems committed in filling in this amenity gap.

Sanger unified is bringing a high end high school campus to Fresno! It looks to be Clovis quality. They're putting it on Jensen street. It's partially complete and running right now.

https://abc30.com/amp/sanger-west-co...fied/11118281/

Clovis' first major mixed use commercial property is still on hold. Expect construction to start soon. It's going to be mission styled with a lovely courtyard.

[masterchingsinc]

This is great news!
Fresno will be californias next great region!
California's third mega region #CenCal


How Fresno might become California's next great region
https://www.sfchronicle.com/opinion/...t-12618142.php

[masterchingsinc]

Fresno has the potential to be California's Las Vegas/ Dubai
A fun place full of crypto casinos, horse riding, desert atv racing, skydiving etc

I think the mayor of Fresno should pursue the crypto industry and cut deals that put a visionary amount of casinos downtown. The tax revenue would stay local for locals and should have a deal that increases the safety and well being of the people.

[DrPibbs]

There was an attempt in Bakersfield about 20 years ago. At that time it appeared to be a great investment. The airport was reconstructed and airlines started flying BFL. New hotels, chain restaurants, etc. But it fizzled out as soon as recession hit. The real estate crash hit Bakersfield hard, and the airlines canceled routes.

Cities like Bakersfield have been around for a long time. If it was going to "gentrify" successfully, it would have happened long ago. A long period of sustained growth is required, and we are not in that economic situation right now. Instead we have inflation and shortage.

The main problems are transportation and weather. The former would require better connection to LA, but a mountain is in the way. And the 100 degree weather you cannot change.

[dontbelievehim]

Originally Posted by DrPibbs

There was an attempt in Bakersfield about 20 years ago. At that time it appeared to be a great investment. The airport was reconstructed and airlines started flying BFL. New hotels, chain restaurants, etc. But it fizzled out as soon as recession hit. The real estate crash hit Bakersfield hard, and the airlines canceled routes.

Cities like Bakersfield have been around for a long time. If it was going to "gentrify" successfully, it would have happened long ago. A long period of sustained growth is required, and we are not in that economic situation right now. Instead we have inflation and shortage.

The main problems are transportation and weather. The former would require better connection to LA, but a mountain is in the way. And the 100 degree weather you cannot change.

Bako is the cheapest big metro in CA, and the gap has widened since the big recession. Investors will try again one day, and bako will be the better for it.

Phoenix and even Tucson have had massive amounts of cash thrown at them these past few years. 100f temps aren't stopping anything.

[dontbelievehim]

Originally Posted by masterchingsinc

Fresno has the potential to be California's Las Vegas/ Dubai
A fun place full of crypto casinos, horse riding, desert atv racing, skydiving etc

I think the mayor of Fresno should pursue the crypto industry and cut deals that put a visionary amount of casinos downtown. The tax revenue would stay local for locals and should have a deal that increases the safety and well being of the people.

A mini Vegas or Dubai is very possible. Leaders want tourist dollars badly, but Fresno will never be a competitor to them because nimbys run California, and nimbys hate big growth.

Crypto is coming, just you wait.

Masterching: are most of your clients Chinese nationals? Who are you bringing to California?

Fresno mountain sunset

[Des-Lab]

Originally Posted by dontbelievehim

Fresno mountain sunset

If it was taken with a 600mm lens, maybe. Fresno isn't *THAT* close to the mountains. And the Coast Ranges to the west are also 40 or so miles away. So either that's not a pic of Fresno (hard to tell-no identifying landmarks) or else we're talking serious focal depth compression. Either way, it's a tad misleading.