Chinatown PBID Feasibility Report, March 2022
Project Summary: The City of Fresno is conducting a feasibility study regarding the development of a Property Based Improvement District (PBID) in the Chinatown neighborhood. This project is funded by the City of Fresno and will be working concurrently with the TCC infrastructure improvement projects in Chinatown. A feasibility study will determine whether the property owners are interested in standing up a management district for this area. The study will help develop potential boundaries and services that could be funded through the PBID and set up a framework for moving forward with the formation of the PBID if recommended through the study. The property owners will ultimately determine if the PBID is a viable option for Chinatown.
Details: Plan to set up a Property Based Improvement District (PBID) in Chinatown to complement the TCC infrastructure and housing projects in Chinatown. The project will fund a PBID feasibility study to identify and assess property owners in Chinatown, set up a framework for the PBID District Formation, and create a draft Management District Plan. Project goal is the formation of a Chinatown PBID District through a public hearing and ballot process.
If the recommendation is to move forward with creating a PBID for Chinatown through the feasibility study, then we will move forward with a public hearing and ballot process for the formation of this Property Based Improvement District.
Chinatown PBID Property Owners Meeting
On Thursday, November 4, 2021, the City of Fresno hosted a Chinatown Property Owners meeting. Property owners were encouraged to join and provide input and feedback on the possibility of creating a Property Based Improvement District for Chinatown. Information presented at the meeting are linked below. Our consultant will be utilizing the information heard at this meeting along with survey information and direct conversations with property owners to finalize the PBID Feasibility Study. Once complete, the Feasibility Study will be posted on this page.