Cpc 2006-9702 07 Final Skim

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    CPC 2006-9702-ZC-CU-CUB-CUX-ZV-DA

    THE GRAND AVENUE PROJECT

    100, 221-237 S. GRAND AVENUE; 121-135 S. HILL STREET;

    220 AND 236 S. HOPE STREET; 411-431 W. 2ND STREET;

    111-161 S. OLIVE STREET; 400 AND 440 W. 1ST STREET;

    630 AND 635 W. GENERAL THADDEUS KOSCIUSZKO WAY

    CITY PLANNING COMMISSION

    June 14, 2007

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    PARTNERSHIP

    Related

    Companies

    Public Open Spaces

    Economically Viable

    Community-oriented

    CRA/LA

    Mixed-Use Development

    Regional DestinationLACOUNTY

    Grand Ave

    Committee

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    GRAND AVENUE COMPONENTS

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    LOS ANGELES CITY PLANNING DEPARTMENT

    CesarChavezAve

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    GRAND AVENUE COMPONENTS

    Elements

    FiveDevelopment

    Parcels

    Civic Park

    Streetscape

    Program

    Grand Avenue

    Temple Street to Fifth Street

    16-acre park

    Improvements, landscaping

    Objectives

    Civic Gathering Place

    Pedestrian Connections

    Redevelopment

    Architecture & Design

    Activate Downtown LA

    Public Benefits

    Parcels Q, L, M-2,

    W-1 and W-2

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    LOS ANGELES CITY PLANNING DEPARTMENT

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    COMMUNITY AND REDEVELOPMENT PLANS

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    LOS ANGELES CITY PLANNING DEPARTMENT

    GRA

    NDAVEN

    UE

    OLIVE

    ST

    REET

    HOPE

    STR

    EET

    1stSTREET

    HILL

    STR

    EET

    NORT

    HBR

    OADW

    AY

    1stSTREET2ndSTREET

    FLOWE

    R

    STREET

    BROADWA

    Y

    C2-4D

    C2-4D

    C2-4D

    R5-4D

    R5-4DR5-4D

    R5-4D

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    EXISTING USES

    Phase I Parcel Q

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    EXISTING USES

    Phase II Parcels L and M-2

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    EXISTING USES

    Phase III Parcels W-1 and W-2

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    FIVE DEVELOPMENT PARCELS

    PROJECT DESCRIPTION

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    FIVE DEVELOPMENT PARCELS

    or

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    PHASE II PARCELS L AND M-2

    Owner: CRA/LA

    Size: 2.2 net acres

    Tract Map: TT-67492

    Residential: 850 units

    Commercial: 101,000 sf

    AffordableUnits: 170 units

    Parking: 1,570 spaces

    Open Space: 33,000 sf

    Parcels L and M-2 Profile

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    PHASE III PARCELS W-1 and W-2

    Owner: Private (W-1), County of LA (W-2)

    Size: 3.14 net acres

    Tract Map: TT-67491

    Options

    County Office

    Building

    Additional

    Residential

    Residential: 710 units 1,310 units

    Commercial: 64,000 sf 64,000 sf

    County Office 681,000 sf -

    Affordable Units: 142 units 262 units

    Parking: 1,955 spaces 2,175 spaces

    Open Space: 41,000 sf 62,100 sf

    Parcels W-1 and W-2 Profile

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    HISTORY OF APPROVALS

    2004

    2003

    2006

    2005

    2007

    Establishment of

    JPASelection of

    RelatedCompanies

    Development andApproval ofImplementation Plan,

    incl. Business Term Sheet,Development Program,Pre-schematic Site Plans-Approved by CRA/City

    Council and County

    Preparation of EIRNegotiation of DDACity Tax Rebate MOU

    Phase I GroundLeases

    EIR CertifiedDDA, Phase I Ground

    Leases-A roved b PA

    DDA and Phase I GroundLeases-Approved by CRA, County,

    City Council

    MOU between Developer andCity for TOT and parkingrebates

    -Approved by City Council

    Request forProposal

    Advisory Agency Hearingon March 29, 2007

    TT-67490

    TT-67491TT-67492

    Hearing Officer Hearing

    On April 25, 2007

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    REQUESTED ENTITLEMENTS

    Conditional Use

    Zone Change

    Zone Variances

    Development Agreement

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    From R5-4D to C2-4D

    Establish Single Zoning of

    C2-4D for entire site

    REQUESTED ENTITLEMENTS

    Recommendation : Approval

    Conditional Use

    Zone Change

    Zone Variances

    Development Agreement

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    FAR of 9.9:1

    Density of one unit per 136 sf

    Sale and Dispensing of Alcoholic

    Beverages

    Live Entertainment with Incidental

    Dancing

    REQUESTED ENTITLEMENTS

    Recommendation: Approval with

    conditions of Plan Approval for

    finalized plans

    Conditional Use

    Zone Change

    Zone Variances

    Development Agreement

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    REQUESTED ENTITLEMENTS

    Open Space- Reduction in Open Space

    - Public Plazas, Landscaped

    Portion of Common Open Space

    (< 25% min)

    Tandem Parking w/ ValetConditional Use

    Zone Change

    Zone Variances

    Development Agreement

    Recommendation: Approval

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    REQUESTED ENTITLEMENTS

    Highlights

    Vesting Rights

    20 year term

    Streetscape and Pedestrian

    Improvements

    Sustainability

    99 years affordable housing

    WiFi in Civic Park

    On-site Childcare Center

    Availability of MTA Monthly Passes

    Recommendation: Approval

    Conditional Use

    Zone Change

    Zone Variances

    Development Agreement

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    REMAINING APPROVALS

    Remaining Approvals

    Signage District

    Zone Variance - Parking

    Schematic Design ReviewCommunity Taxing District

    Park Development Agreement

    Community Taxing District

    Park DevelopmentAgreement

    Schematic Design Review

    Zone Variance Parking

    for Affordable Units

    Sign District

    City of Los Angeles

    Negotiation between Related Companiesand JPA

    CRA/LA and JPA

    City of Los Angeles

    City of Los Angeles

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    CONCLUSION

    Revitalization

    Architecture

    Critical Mass

    Sense of Place

    Benefits

    Smart Growth

    Suitable Site Catalytic Project

    Transit

    Housing and Retail

    Affordable Housing

    Context

    Land Use Plans