Fresno Hispanic Foundation Began Renovation Project

A derelict former downtown department store is being transformed into a food hub and business incubator.

Updated on Oct. 9, 2026 in Commercial

Fresno Hispanic Foundation Began Renovation Project

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The Fresno Area Hispanic Foundation has launched a $12 million rehabilitation of the former Berkeley's Department Store on Fulton Street. The initiative aims to revitalize the property into a small business incubator and food hub.

Why it matters

The project serves as a cornerstone for downtown economic development, repurposing a historic site that has sat stagnant since commercial activity in the city migrated north during the 1960s. By providing dedicated incubator space, the foundation seeks to foster long-term entrepreneurial growth.

The city sold the building to the foundation for $1, a sharp decline from the $4.5 million purchase price paid by the city in 2007. The total redevelopment budget is $12 million, supported by $1.7 million in grant funding from the EDA.

The players

Fresno Area Hispanic Foundation

This local organization focuses on business development and economic empowerment for entrepreneurs.

The details

Remediation efforts beginning next week will address hazardous materials, including lead paint, asbestos, and mold. Crews will also remove and repair the roof and interior ceiling structures to stabilize the building for its future use.

1960s: Fresno commerce began shifting northward away from the downtown core.
2007: The city originally purchased the building for $4.5 million.
2024: The city finalized the sale of the building to the foundation.
October 2026: Remediation work is expected to begin.
December 2027: The facility is projected to open for business.

Culture Shift

The renovation follows the historical trend of downtown revitalization, where organizations seek to reclaim districts affected by the 1960s northward commercial migration. This project aims to reverse decades of stagnation near Confia Square by introducing modern business infrastructure.

Residents can expect improved aesthetics and increased economic activity in the downtown area once the project reaches its December 2027 completion date. The facility will create new opportunities for small business owners through access to incubator resources.

The takeaway

Repurposing aging municipal assets is a key strategy for local economic revitalization in historic downtown districts. Entrepreneurs looking for space should monitor the foundation for updates on incubator application criteria as the 2027 opening approaches.