Crenshaw/LAX Line Joint Development Implementation South L.A. TAY - - PowerPoint PPT Presentation

Crenshaw/LAX Line Joint Development Implementation

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South L.A. TAY Collaborative | July 28, 2016

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What is Joint Development?

• Joint Development is the real estate development program

through which Metro collaborates with qualified developers to build transit-oriented developments on Metro-owned properties.

• Support community’s vision for station areas while promoting

transit ridership.

• Part of Transit Oriented Communities (TOC) initiative – a

comprehensive approach to creating compact, transit-oriented, walkable and bikeable places in a community context rather than focusing on a single development parcel.

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Metro Joint Development Process

Initial Community Outreach Developer Solicitation/Selection

Project Refinement, Joint Development Agreement (JDA) and Ground Lease (GL) Negotiations

Permitting and Construction

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• 8.5 mile extension, eight new

stations

• New line will serve the cities of Los

Angeles, Inglewood and El Segundo; and portions of unincorporated Los Angeles County

• Life-of-Project Budget: $2.06 billion;
• ne of 12 transit projects funded by

Measure R

• Project is nearing 50% completion
• Planned completion in 2019

Crenshaw/LAX Transit Project Overview

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Crenshaw/LAX Joint Development Strategic Plan

• Identify potential opportunity

sites

• Identify strategic public sector

partnerships

• Outline a robust community

engagement process

• Define a timeline for

implementation

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Joint Development Opportunity Site

Expo / Crenshaw

Owner: Los Angeles County Site: 1.66 acres Use: County Probation Department

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Joint Development Opportunity Site

Owner: Metro Site: 1.77 acres Use: Construction Staging (current)

Expo / Crenshaw

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Expo/Crenshaw Station Development Vision

• Create a culturally distinct gateway

destination and pedestrian-scaled community with high quality retail and range of housing types/affordability

• Opportunity to foster job growth

with attractive office or incubator space

• Build upon City’s Amended

Crenshaw Corridor Specific Plan (draft) and Crenshaw Corridor Streetscape Plan

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Joint Development Opportunity Site

Los Angeles County 1.44 acres County Department of Public Social Services

Fairview Heights

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Fairview Heights Station Development Vision

• Provide high quality mixed-use

residential and neighborhood- serving retail that serves a range of incomes

• Enhance pedestrian connectivity to

surrounding community amenities and utilize local architectural style to reflect context and scale

• Connect to the existing arts-oriented

community and promote the well- being and needs of the youth population

Next Steps

• Summer/Fall 2016 – Issue Request for Proposals (RFPs) to

solicit development proposals

• Early 2017 - Board authorization to negotiate with selected

Developers to refine project proposals

• On-going community participation

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Contact Information

Nicole Velasquez Principal Planner Countywide Planning & Development Phone - 213.922.7439 Email - VelasquezN@metro.net

For more information on Metro’s Crenshaw/LAX Joint Development Program please visit: metro.net/projects/jd-crenshawlax/