FRESNO CALIFORNIA Fast Fresno Facts

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FRESNO CALIFORNIA Fast Fresno Facts
FRESNO
     CALIFORNIA

Fast Fresno Facts
• Centered in the World’s 6th Largest Economy
• California’s 5th Largest City
• Metro GDP - $38.8 Billion
• Birthplace of High-Speed Rail in the U.S.
• Fresno is Spanish for “Ash Tree”

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FRESNO CALIFORNIA Fast Fresno Facts
TABLE OF CONTENTS

    About Fresno............................. 3    Location & Infrastructure...........            12

    Mayor Lee Brand...................... 4        Logistics....................................   13

    Demographics.......................... 5       Transportation.............................. 14

    Workforce................................ 6    Housing Market........................... 15

    Higher Education....................       7   Recreation & Tourism...................         16

    Top Employers.......................... 8      Weather......................................   18

    Business Activity.......................   9

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FRESNO CALIFORNIA Fast Fresno Facts
ABOUT FRESNO

History
The City of Fresno’s history stretches back to the years following the 1849 California Gold Rush. Fresno County was formed in
1856 and was named after the abundant ash trees found along the banks of the San Joaquin River. The tiny town of Millerton,
which sat along the banks of the San Joaquin River, was the first county seat.

A little more than a decade later, A.Y. Easterby purchased land in what is today southeast Fresno in a part of town known as
Sunnyside. In 1872, the Central Pacific Railroad established a station near Easterby’s farm for the new Southern Pacific line.
Leland J. Stanford, a director for the railroad, is credited with selecting the site of the new station. Not long after, a store was
built and the town of Fresno Station – later to be called Fresno – was born.

                                                 Fresno became an incorporated city in 1885. In 1890, its population was
                                                 10,818. By 1940, it was more than 60,000. The real boom came after
                                                 World War II, when the population went from 91,669 in 1950 to 354,202 in
                                                 1990. Today, the population is more than 525,000 with a metropolitan area
                                                 population of more than 1 million people.

                                                 The area has had an ethnic mix from the earliest years with Chinese railroad
                                                 workers and Scandinavian farmers joined by Germans from Russia, Japanese
                                                 and Armenians and by the early 20th century a large Hispanic population.
                                                 There are now more than 70 ethnic groups in the metropolitan area.

From the start, agriculture was the backbone of the local economy. Major crops include grapes, almonds, cotton, peaches
and nectarines. Now, though, Fresno is diversifying into distribution and e-commerce, as well as growing its manufacturing
base. It also has a budding technology sector. When the high-speed rail line is finished to San Jose, it is expected that Fresno
will boom with not only Silicon Valley commuters, but also Bay Area tech businesses who will find this region attractive for
expansion.

Government
The City of Fresno has a “Strong Mayor” form of government. The City Charter designates the Mayor as the Chief Executive
Officer and the City Council as the legislative branch. If the City was a private corporation, it would be one of the largest
employers in Central California. Council members would be the equivalent of the board of directors.

The Mayor has veto powers and the authority to draft and propose a budget. The Mayor also appoints a Chief Administrative
Officer – or City Manager – who is responsible for appointing department heads and overseeing the day-to-day operations
of the city. Earlier this year, Brand named Wilma Quan-Schecter as City Manager. Quan-Schecter officially took over in July,
becoming the first female City Manager in Fresno’s history.

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FRESNO CALIFORNIA Fast Fresno Facts
MAYOR LEE BRAND

                                          Lee Brand is the 25th Mayor of the City of Fresno. He won the seat in the November
                                          2016 election and was sworn into office on January 3, 2017.

                                          Brand grew up poor in Fresno’s southeast area. He was the middle child who grew up
                                          surrounded by his mother and her extended Italian family. Brand’s maternal grandfather
                                          Ralph immigrated from an Italian village and ended up in Fresno. After an Army stint he
                                          settled down and sent for a mail-order bride from Italy.

                                          After struggling as a youth, Brand earned an undergraduate degree – graduating
                                          summa cum laude – from California State University, Fresno, and a graduate degree in
                                          public administration from the University of Southern California.

                                           In the late 1970s, he began dabbling in real estate. Eventually, he co-founded Westco
                                           Equities, Inc., a property management/construction firm which he owned and operated
    for 29 years. Brand sold his interest in the business when he became mayor. He is a licensed Real Estate Broker, a licensed
    General Contractor and a Certified Property Manager.

    Before becoming Mayor, Brand served as City Council President, Chairman of the Redevelopment Agency and as a
    Commissioner on the Fresno City Planning Commission. During his eight years representing District 6 on the City Council, Brand
    authored and successfully passed more than twenty legislative initiatives, which regulate fiscal responsibility, accountability,
    and transparency, in addition to such initiatives as the Water Conservation Act and the School Liaison Act.

    Brand’s mayoral goals are led by economic development, with its cornerstone ten year “Path to Prosperity,” which will ultimately
    bring 10,000 new jobs to Fresno by 2027. Other priorities are public safety, water supply and quality, and addressing poverty
    and homelessness. His public safety goal is to at least 1,000 sworn police officers in the City of Fresno.

                                 Mayor Brand celebrating the 207th anniversary of Mexican independence
                                 with local students at City Hall.

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FRESNO CALIFORNIA Fast Fresno Facts
DEMOGRAPHICS

 Since the 2010 census, the population of Fresno County has grown by 3.6 percent. According to
 California Department of Finance population projections, the county will grow to over 1 million residents
 by the year 2020.
 Source: California Department of Finance

   DIVERSITY
   Fresno County is a geographically and culturally        Projected Growth Rates
   diverse county encompassing nearly 6,000
   square miles. With 15 incorporated cities,              Population (2015-2030)
   ranging from a few thousand in population to              Fresno County                      22.4%
   the 5th largest city in the state, the county is able     California                         13.4%
   to suit a wide variety of industries.

Population (2017)
Fresno County                    995,975
   Clovis                         110,762
   Coalinga                       16,982
   Firebaugh                      8,202
   Fowler                         6,091
   Fresno*                        525,832
   Huron                          7,186
   Kerman                         14,614
   Kingsburg                      12,338
   Mendota                        11,828
   Orange Cove                    9,369                    Fresno State Partners with the University of
   Parlier                        15,500                   Guadalajara on Pilot Study Abroad Program
   Reedley                        26,152
                                                           Acknowledging the growing importance between
   Sanger                         26,412                   Fresno and Guadalajara, the University of Guadalajara
   San Joaquin                    4,070                    offered ten Fresno State students scholarships for a
   Selma                          25,156                   summer study abroad program in Guadalajara during
*5th largest city in California by population              the 2016 academic year.

  FACT: 49% of Fresno metro area residents are of Mexican heritage
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FRESNO CALIFORNIA Fast Fresno Facts
WORKFORCE

           Current labor and industry information                               Fresno County Labor Force                      449,100
           along with occupational industry                                     Employed                                       411,400

           projections for the Fresno Metropolitan                              Unemployed                                     37,700

           Statistical Area (MSA)                                               Unemployment Rate                              8.4%
                                                                               California Employment Development Department, June 2017

               Industry Employment - Fresno MSA                                    Top 5 Projected Growth Occupations by Occupational
                                                                                         Classification - Fresno MSA (2012 - 2022)
                     Jun ‘17         Jun ‘16          YOY            YOY
       Industry
                    Employed        Employed         Change       Change (%)                      SOC
                                                                                    Rank                            Occupational Title               % Growth
     Total, All                                                                                   Code
                     398,800         389,800          9,000          2.3%
    Industries                                                                                                      Personal Care & Svs
                                                                                      1          39-0000                                                38.0%
   Total Farm         53,300          52,000          1,300          2.5%                                               Occupations

 Total Nonfarm       345,500         337,800          7,700          2.3%                                       Architecture & Engineering
                                                                                      2          17-0000                                                35.4%
                                                                                                                       Occupations
       Mining &
                        400             400                0         0.0%                                        Construction & Extraction
       Lodging                                                                        3          47-0000                                                32.2%
                                                                                                                       Occupations
  Construction        17,200          16,100          1,100          6.8%
                                                                                                                     Healthcare Support
                                                                                      4          31-0000                                                26.0%
 Manufacturing        24,800          25,500              (700)     (2.7%)                                             Occupations
Trade, Trans., &                                                                                                Computer & Mathematical
                      67,000          65,000          2,000          3.1%             5          15-0000                                                24.8%
    Utilities                                                                                                        Occupations
   Information         3,700           3,700               0         0.0%         California Employment Development Department, Employment Projections by
                                                                                  Industry and Occupation, Feb. 2015
       Financial
                      13,700          13,200              500        3.8%
       Activities
 Professional &
                      32,100          31,900              200        0.6%
  Business Svs
                                                                                             Top 5 Projected Growth Industries by
 Educational &
                      65,700          63,800          1,900          3.0%                   Employment - Fresno MSA (2012 - 2022)
  Health Svs
   Leisure &                                                                               Rank                    Industry                    % Growth
                      32,500          33,400              (900)     (2.7%)
   Hospitality
                                                                                             1                   Construction                    37.7%
 Other Services       12,400          11,500              900        7.8%
                                                                                                       Educational Svs, Health Care,
                                                                                             2                                                   31.9%
  Government          76,000          73,300          2,700          3.7%                                  & Social Assistance
California Employment Development Department, June 2017                                      3           Professional & Business Svs             31.4%
                                                                                             4               Leisure & Hospitality               22.1%
                                                                                             5                Financial Activities               19.5%
                                                                                      California Employment Development Department, Employment Projections by
                                                                                      Industry and Occupation, Feb. 2015

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FRESNO CALIFORNIA Fast Fresno Facts
HIGHER EDUCATION

Universities

Fresno State                                                              University of California, San Francisco - Fresno
Ranked as the 17th best national university by Washington Monthly,        UCSF Fresno is a major clinical and educational branch of
California State University, Fresno, universally known as Fresno          the UCSF School of Medicine. It is the only major campus of the
State, is the largest university in central California with a student     five UCSF campuses to be located outside the city of San Francisco.
population of more than 23,000. Consisting of eight Schools               UCSF is exclusively dedicated to graduate education in the health
and Colleges, Fresno State offers undergraduate, graduate, and            sciences and is widely regarded as one of the world’s leading
doctoral degrees. It was the first university in the U.S. to operate a    universities in medical education and research. It currently ranks as
fully licensed commercial winery. The Lyles College of Engineering        the 3rd best medical school in the country for both Research and
offers undergraduate and graduate degrees in the following                Primary Care in the 2016 Best Medical Schools rankings released
programs:                                                                 by U.S. News & World Report.
         Civil Engineering • Computer Engineering                         California Health Sciences University
         Construction Management • Electrical Engineering                 The first university of its kind in Fresno County, California Health
         Geomatics Engineering • Mechanical Engineering                   Sciences University (CHSU) welcomed its inaugural College of
University of California, Merced                                          Pharmacy class in August of 2014 in Clovis, CA. CHSU College of
UC Merced is the newest of the University of California campuses,         Pharmacy is a four-year pharmacy school that provides a Doctor of
located about 50 minutes north of Fresno. The university currently        Pharmacy degree (Pharm.D.) program. CHSU plans to open four
has a student enrollment of more than 6,200 with undergraduate            more doctoral schools at their 70-acre planned master campus to
and postgraduate degrees available from three Schools, with an            train health care professionals in the San Joaquin Valley. The five
additional two - School of Medicine and School of Management              colleges to be housed on the main campus will include:
- planned for the near future. The School of Engineering offers                   College of Pharmacy • College of Medicine
undergraduate and graduate degrees in the following programs:                     College of Allied Health • College of Dentistry
       Bioengineering • Computer Science Engineering                                              College of Optometry
       Environmental Engineering • Electrical Engineering
       Mechanical Engineering • Materials Science & Engineering
                                                                          Professional & Technical Schools
Fresno Pacific University                                                 Bitwise Industries - Geekwise Academy
Fresno Pacific is a private liberal arts university located in the city
                                                                          Located in Downtown Fresno, Geekwise Academy is an accelerated
of Fresno. Current enrollment exceeds 3,400 with bachelor’s and
                                                                          training program for current and aspiring computer programmers
                                                                          and developers. The Academy teaches students hard skills
Community Colleges                                                        currently in-demand in the technology industry with a variety of six
Clovis Community College Clovis, CA                                       week courses that are fast-paced, rigorous, and narrowly focused.
Fresno City College Fresno, CA                                            Selected students then participate in a 26-week internship program
                                                                          that has been developed to bridge the gap between the students
Reedley College Reedley, CA                                               and their ability to move into roles as developers in the Fresno
West Hills College, Coalinga Coalinga, CA                                 technology industry.
West Hills College, North Center Firebaugh CA
                                                                          San Joaquin College of Law Clovis, CA
                                                                          Institute of Technology Clovis, CA

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FRESNO CALIFORNIA Fast Fresno Facts
TOP EMPLOYERS

                                 TOP    10
                  Top 10 Major Regional Private Employers
    #             Company               Location       Sector        Employees
    1.    Community Medical Centers     Multiple     Healthcare        8,600
    2.    Saint Agnes Medical Center     Fresno      Healthcare        2,812
    3.     Kaiser Permanente Fresno      Fresno      Healthcare        2,250
    4.           Alorica, Inc.          Multiple     Call-Center       2,100
    5.      Cargill Meat Solutions       Fresno    Food Processing     1,300
    6.      Wawona Frozen Foods          Clovis    Food Processing     1,200
    7.    Pelco by Schneider Electric    Clovis    Manufacturing       1,100
    8.           Foster Farms           Multiple   Food Processing     1,100
    9.    Harris Ranch Beef Company      Selma     Food Processing     1,000
    10.       Aetna Healthcare           Fresno      Healthcare        904

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FRESNO CALIFORNIA Fast Fresno Facts
BUSINESS ACTIVITY

               Fresno Notable Opening & Expansion Announcements
                                  2014 - 2017
                                                                   Project Size   New
#                 Company                   Location     Type                             Investment $
                                                                       (SF)       Jobs
1.                 Amazon                    Fresno      New        855,000       2,000   $200 million
2.                ULTA, Inc.                 Fresno      New        670,000       542     $110 million
3.               OK Produce                  Fresno    Expansion    314,915       100           -
4.            Bitwise Industries             Fresno    Expansion    300,000         -      $30 million
5.              IFCO Systems                 Fresno      New        204,000        80           -
6.              D&H Systems                  Fresno    Expansion    200,000        40      $9 million
7.               Pana-Pacific                Fresno    Expansion    150,000       100     $8.3 million
8.                  Cargill                  Fresno    Expansion    124,800       300      $50 million
9.            Scelzi Enterprises             Fresno    Expansion     80,000       100      $4 million
10.               JD Foods                   Fresno    Expansion     65,000       144     $10.5 million
11.            Brenntag Pacific              Fresno    Expansion     53,787        22      $9 million
12.         Quail-T-Ruck Services            Fresno    Expansion     50,000        5      $2.8 million
13.            Lightning Source              Fresno      New         50,000        25           -
14.         Caylym Technologies              Fresno    Expansion     41,000        53     $3.5 million
15.       Valley Industrial Products         Fresno      New         37,500        15           -
16.             Fiore Di Pasta               Fresno    Expansion     36,000         -           -
17.           Baker Distributing             Fresno      New         24,450        10           -
18.             Alfa Laval, Inc              Fresno      New         22,965        28           -
19.             Blueline Rental              Fresno      New         17,500        17           -
20.              Alorica, Inc.               Fresno    Expansion        -         400           -
21.       Aetna Health of California         Fresno    Expansion        -         225     $29.1 million
22.   The Gap, Inc. (Distribution Center)    Fresno    Expansion        -         200           -
23.            Betts Company                 Fresno    Expansion        -          53      $7 million
24.            Producers Dairy               Fresno    Expansion        -          50           -
25.           Outback Materials              Fresno    Expansion        -          49     $3.5 million

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FRESNO CALIFORNIA Fast Fresno Facts
BUSINESS ACTIVITY

     Selected Fresno Development Projects:
     Community Medical Centers
     Cancer Center: Clovis Community Medical Center is planning a $65
     million facility for cancer hospital. The 9,290 square meter facility will be
     one of a kind in the valley. The goal of the Cancer Center is to consolidate
     all of Community’s outpatient cancer services to the new facility and will
     conduct research with UCSF.

     Community Regional Medical Center: A five-story, 16,722 square meter
     pediatric office building in Downtown Fresno. The more than $1 billion
     expansion will feature pediatric sub-specialists and outpatient services. The
     expansion should be completed by the end of summer 2017.

     High-Speed Rail: The nation’s first ever high-speed rail project broke
     ground in Downtown Fresno in January 2015. Phase 1 of the $64 billion
     California High-Speed Rail (HSR) project will connect San Francisco and Los
     Angeles through the San Joaquin Valley with passenger trains traveling up
     to 354 kilometers per hour. The first operational segment is expect to be
     completed by 2025 and Phase 1 by 2029. Construction of the system is
     currently underway in Fresno and Madera.

           Downtown Fresno Station: Downtown Fresno has been
           designated as the location for the first high-speed rail station. The
           station will be located at Mariposa and H Streets and planning for the
           station is currently underway. The City of Fresno in partnership with
           the California HSR Authority is developing a master plan to include
           station area designs, market feasibility analysis, a real estate development strategy, an infrastructure and financing
           plan, and transportation integration plan. The Fresno Station will support and further advance Downtown Fresno’s
           current revitalization efforts.

     The Square at Campus Pointe: $260 million, 45 acre mixed-use development project at Fresno State. A public-
     private partnership development, at full build out, Campus Pointe will have over 1 million SF of space. Currently 23,225
     square meters of retail space has been constructed with anchor tenant Maya Theaters opening in April of 2015. Future phases
     of the project call for office buildings, a hotel, and a senior housing project.

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BUSINESS ACTIVITY

Selected Fresno Development Projects (continued):
The Fulton Street Reconstruction Project: The Fulton Mall was one of the nation’s first pedestrian malls
constructed. Built in 1964, the mall converted Downtown Fresno’s “main” street into a pedestrian only mall. The mall and
surrounding buildings have suffered from neglect for decades. The City of Fresno held a grand reopening in October 2017
on a $20 million project to return the mall to vehicle traffic in an effort to help revitalize one of Fresno’s historic districts.

Warehouse Row Project: $13 million renovation of the historic Warehouse Row buildings in Downtown Fresno. Nearly
completed, project consists of 20,624 square meters of commercial office space.

Hotel Fresno: $23 million renovation project of Downtown Fresno’s historic Hotel Fresno. When complete, the seven-story
building will consist of 79 residential apartment units. Renovations are expected to begin in 2016.

GV Urban: GV Urban of Granville Homes, a major residential developer in Fresno, is Granville’s urban development
division focused on new, preservation, and revitalization residential development projects in Downtown Fresno. In just the
past couple of years GV Urban has completed 7 residential mixed-use projects in Downtown Fresno, with another nearing
completion. The eight projects total to nearly 270 multi-family housing units along with an additional 1,393 square meters
of retail/commercial space. GV Urban has plans for new projects as Downtown Fresno’s revitalization continues to expand.

Boardwalk at Palm Bluffs: New 6,874 square meters office complex development located in north Fresno. The new
development is part of the larger Palm Bluffs Corporate Center project, which includes 157,935 square meters of existing
occupied commercial office space.

The Marketplace at El Paseo: 45 acre retail development project located in northwest Fresno. Phase 1 of the project
has been completed, which consists of 37,161 square meters of retails space. Phase 2 of the project has an additional 32,516
square meters of retail space is currently under construction.

Hotel Projects: There are six hotel projects in the Fresno/Clovis area that have reached the permitting process.
        Fresno, CA
        o 92-unit hotel located on West Shaw Ave east of CA-99.
        o 100-unit hotel near Herndon Ave and CA-41 with 6,200 SF event center.
        o 92-unit hotel located just south of Fresno-Yosemite International Airport.
        o 152-unit hotel to be located in the Campus Pointe development at Fresno State.

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LOCATION & INFRASTRUCTURE

                                      Centrally Located Fresno is centrally located between California major
                                      markets in northern and southern California, with access to two of the state’s
                                      major transportation corridors in freeway CA-99 and I-5.

                                      Measure C       Much of Fresno County’s road and highway improvements
                                      are funded by Measure C, a half-cent sales tax aimed at improving the
                                      overall quality of Fresno County’s transportation system. In its first 20
                                      years, Measure C delivered more than $1 billion of improvements
                                      to state highways and county roadways, including the building
                                      of additional lanes to freeways throughout the County. As a result of the
                                         successful original measure, Fresno County voters chose to extend
                                             Measure C for an additional 20 years.

                                                                         According to a March 2015
                                                                         Brookings Institute report analyzing
                                                                         the nation’s top 96 Large Metro
                                                                         areas, Fresno – at 5.6 miles –
                                                                         has the 7th shortest typical
                                                                         commute distance in the
                                                                         country.

     City/Region      Distance from Fresno
     Silicon Valley    225 kilometers (km)
     Sacramento              233 km
     Los Angeles             309 km
     Reno                    458 km
     San Diego               507 km
     Las Vegas               619 km
     Phoenix                 933 km

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LOGISTICS
               Ground Package Delivery
               Transit Days from Fresno

                              Seattle

          FedEx
                      Portland

Transit Days                                    Boise
                                                                                Reach over 38 million customers
    1                                                                           with guaranteed next-day ground
                                 Reno                                           service, without the additional
    2            Sacramento

                    San Francisco
                                                   Salt Lake
                                                   City                         cost of expedited shipping.
    3                                Las
                                                                     Denver

                    FRESNO           Vegas

    4                         Los Angeles

                                 San Diego        Phoenix       Albuquerque

                                                  Tucson
                                                                                Due to Fresno’s unique location in the middle of
                                                                                the state, FedEx, UPS, and OnTrac, can reach all
                                                                                of California’s major market within 1 day with
                              Seattle
                                                                                their standard ground shipping, guaranteed.
               UPS                                                              OnTrac even has the ability to reach the entire west
                      Portland
                                                                                coast with their standard ground shipping service.
                                                Boise

                 Sacramento      Reno
                                                    Salt Lake
                     San Francisco                  City
                                                                      Denver
                                        Las
                     FRESNO             Vegas

                              Los Angeles

                                                  Phoenix
                                                                                             Distances to Deep Water Ports
                                  San Diego                     Albuquerque

                                                  Tucson                              Port                    km from Fresno

                              Seattle
                                                                                      Stockton                     186
         OnTrac                                                                       Oakland                      268
                      Portland

                                                                                      LA/Long Beach                688
                                                Boise

                 Sacramento      Reno
                                                    Salt Lake
                     San Francisco                  City
                                                                      Denver
                                        Las
                     FRESNO             Vegas

                              Los Angeles

                                  San Diego       Phoenix

                                                  Tucson                                                                          13
TRANSPORTATION

                                                                            High-Speed Rail The nation’s very first high-
                              The Fresno Yosemite                           speed rail project broke ground in downtown
                                                                            Fresno on January 2015. Our region will now
                              International Airport (FAT)
                            is located approximately nine air               mark the starting point of a high-speed rail
                            kilometers northeast of downtown                network that will one day span the entire state,
                            Fresno. FAT currently has direct jet            beginning with the first operational segment
     service to Los Angeles, San Francisco, San Diego, Portland,            between the San Joaquin Valley and Los
     Seattle, Las Vegas, Phoenix, Denver, Salt Lake City, Dallas/           Angeles, before advancing to a 804-kilometer
     Fort Worth, and Guadalajara, Jalisco (GDL). Local residents            system connecting San Francisco to Los Angeles.
     appreciate the ease of getting in and out of the Fresno Airport        Phase 2 of the project calls for extensions to
     compared to other terminals in our nation. A newly expanded
                                                                            Sacramento and San Diego to complete the
     terminal will enhance service even further.
                                                                            entire 1,287-kilometer system.

              2016 International Air Service Stats                          Already, the design and right-of-way phases
                   Fresno g Guadalajara                                     of the first high-speed rail segment have
                                                                            resulted in hundreds of hours of employment
      Passengers (Arrival/Departure)..............................201,623   and millions of dollars in contracts for local
      GDL Aircraft Operations (Landing/Takeoff):..........1,376
                                                                            businesses. Some of the strongest voices in
                                                                            Fresno County government, business, and civic
                                                                            leadership, have joined a regional partnership
                              Freight Rail is one of the most               called Fresno Works to bring the planned High-
                           viable transportation options for the            Speed Rail Operations and Heavy Maintenance
                           Fresno County manufacturing and                  Facility (HMF) to Fresno. In addition, training
                           distribution/warehousing    industries.
                                                                            and educational programs are gearing up to
                           Fresno County is served by Union
                           Pacific (UP), BNSF, and San Joaquin
                                                                            provide a skilled workforce for high-speed rail
     Valley Railroad, which provides service to both UP & BNSF              construction, operations, and maintenance.
     lines.

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HOUSING MARKET

The most significant factor contributing to Fresno County’s
affordable cost of living is affordable housing. The relatively low   The Fresno metropolitan area ranks
cost of housing in Fresno County attracts many new residents
to the region. These new residents arrive from all parts of the
                                                                      #1 as the healthiest housing market
country but especially from California’s large metropolitan areas.    in the U.S.
                                                                                        Multi-Indicator Market Index®
As the rebound effect from the housing market lows of the Great                                            Freddie Mac
Recession begin to fade, real estate markets increasingly depend
on strong fundamentals to drive sustainable housing activity. The
Fresno housing market possesses these strong fundamentals;             Median Sales Price of Homes Sold,
solid job growth, low vacancy rate, a market not overvalued, and                  June 2017
affordability, amongst other factors. Thanks to the presence of                Region                Median Price
these fundamentals, the Fresno housing market was ranked as
the healthiest in the United States entering 2016 according to a      Fresno County                    $255,500
report issued by mortgage industry leader Freddie Mac.                                  Clovis         $323,000
                                                                                       Fresno          $235,000
                                                                      Alameda County                   $769,750
                                                                                     Berkeley         $1,198,500
                                                                                     Oakland           $719,000
                                                                      Los Angeles County               $569,000
                                                                                 Long Beach            $522,500
                                                                               Santa Monica           $1,477,500
                                                                      Sacramento County                $335,000
                                                                                    Elk Grove          $410,000
                                                                                 Sacramento            $297,000
                                                                      San Francisco                   $1,246,000
                                                                      Santa Clara County               $965,000
                                                                                     San Jose          $830,000
                                                                                   Sunnyvale          $1,300,000
                                                                      California Home Sale Activity by City, CoreLogic,
                                                                      June 2017

                                                                                                                          15
RECREATION & TOURISM

     A Few Ways to Take Advantage of What the Region Has to Offer
     •   Explore the outdoors. Not only does the Fresno metro region have three rivers that run through it, the San
         Joaquin , Fresno, and the Kings, there are also three national parks nearby, including Yosemite, Sequoia, and Kings
         Canyon.

     •   Enjoy what’s in season. The region is one of the most productive farming areas in the world, take advantage. The
         area is loaded with farmers markets that offer freshly picked fruits and vegetables. Many of the markets are seasonal
         but the county also has several year-round markets as well.

     •   Taco ‘bout tacos! Fresno is the self-appointed taco capital of the state. There is a major festival devoted to the
         beloved taco – The Taco Truck Throwdown – hosted by Fresno’s AAA baseball team, the Fresno Grizzlies. During this
         event the Grizzlies’ alter-ego, the Fresno Tacos, make an appearance. Now in it 7th year, the popularity of the Taco Truck
         Throwdown has turned this single-day event into a two-day event.

     •   Visit the Fresno Chaffee Zoo, a local treasure. Established in 1929, the Fresno Chaffee Zoo is located in
         Roeding Park near downtown Fresno. It recently underwent a major renovation and expansion, with the addition of the
         13-acre African Adventure Experience, a giraffe feeding area, and sea lion exhibit. Work is currently underway on Phase
         2 of the African Adventure, which will bring back hippos along with a host of other species.

     •   Discover Fresno’s art scene. Along with the Arte Américas, the region’s premier Latino art gallery and cultural
         center, Fresno is home to Fresno Art Museum, the African-American Historical and Cultural Museum of the San
         Joaquin Valley, and Fresno County’s Historical Museum. Art Hop, one of the coolest events the city has, occurs the
         first Thursday night of each month and is devoted to visiting art galleries, retailers, and restaurants featuring the work of
         local artists.

     •   See a concert. Whether its at the Save Mart Center, which hosts the biggest names in music – i.e Rolling Stones,
         Paul McCartney, Blake Shelton, Selena Gomez, Bruno Mars – or a more intimate venue, Fresno has it all. The Save
         Mart Center, located at Fresno State, was ranked as the 4th best arena in the U.S. by “Venues Today” based on its
         concerts and events. The intimate venues include the Woodward Park Rotary Amphitheater, the Saroyan Theatre,
         Fulton 55, and Strummer’s to name a few. Fresno also has the Fresno Philharmonic and a regular schedule of touring
         Broadway shows.

     •   Celebrate Fresno’s Latino Heritage. Between September 15 and October 15, Fresno State hosts over 20
         unique events to honor Hispanic Heritage Month, including a free concert celebrating Mexican Independence Day, the
         Rebozo Revival Festival, and a “Frida” movie showing to name just a few.

            Big Fresno Fair         Fresno Chaffee Zoo                 Fresno’s Vineyard Farmers   Saroyan Theatre
                                                                       Market
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RECREATION & TOURISM

Sports
In addition to being able to play your favorite sport nearly year-round, Fresno offers a variety of college and professional
sports teams to root for.

                        Fresno Grizzlies
                        Sport: Baseball
                        Type: Professional - Triple-A (affiliate of the Houston Astros)
                        League: Minor League Baseball - Pacific Coast League
                        Season: April - September
                        Venue: Chukchansi Park (12,500 capacity)
                                                                                              Grizzlies in their Fresno Tacos alternate
                                                                                              uniforms

                        Fresno Football Club (Fresno FC)
                        Sport: Soccer
                        Type: Professional - Division II (MLS affiliate TBD)
                        League: United Soccer League (USL) - Western Conference
                        Season: March - October
                        Venue: Chukchansi Park (8,400 capacity)
                                                                                                         Former Bulldogs

                        Notable Collegiate Programs
                        Fresno State Bulldogs - Football
                        Sport: Football
                        Division: NCAA Division I - Football Bowl Subdivision
                        Conference: Mountain West (MW) - West Division
                        Season: August - November                                              Derek Carr, QB - Oakland Raiders
                        Venue: Bulldog Stadium (41,031 capacity)

                        Fresno State Bulldogs - Men’s Basketball
                        Sport: Basketball
                        Division: NCAA Division I
                        Conference: Mountain West (MW)
                        Season: November - March
                        Venue: Save Mart Center (15,596 capacity)                              Paul George, SF - Oklahoma City Thunder

                        Fresno State Bulldogs - Baseball
                        Sport: Baseball
                        Division: NCAA Division I
                        Conference: Mountain West (MW)

                                                                                               Aaron Judge, RF - New York Yankees
                                                                                                                                          17
WEATHER

     CLIMATE              The sun shines on Fresno County 288 days a year resulting in one of the nation’s most
     hospitable and Mediterranean-like climates. The average high temperature is 24.7 degrees Celsius and the
     average low temperature is 10.2 degrees. Average rainfall is 292.1 millimeters. Fresno’s elevation is 308
     feet but, countywide, elevations range from 100 feet to 14,248 feet at the top of the peak of North Palisade
     in the Sierra Nevada Mountain Range.

      Sunshine 288 days/year
      Elevation 93.88 m                                                                    Fresno truly has something
      Average Rainfall 292.1 mm                               1                            for everyone
      Prevailing Winds                     North, 6.4 kph
      1. Fresno, CA; California Nevada River Forecast Center, Climate Station Precipitation Summary

     Month                        Jan     Feb     Mar      Apr    May      Jun      Jul     Aug       Sep    Oct     Nov   Dec

     Avg. High Temp. (C)         12.55 16.38 19.44 23.55 28.61 33.16 36.83 35.78 32.67 26.5                          18.5 12.61

     Avg. Low Temp. (C)          3.11     4.83    6.55    8.89 12.39 15.83 18.72 17.78 15.39 10.67 5.78                    2.94

     Avg. Rainfall (mm)          53.10 48.26 48.00 26.16 9.14              4.06    0.25    0.25       0.15   3.81 28.70 41.65
     Source: Western Regional Climate Center, 01/01/1948 to 06/09/2016 at Fresno-Yosemite Intl Airport, Fresno, CA

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