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Los Angeles County Metropolitan Transportation Authority Metro’s Transit Oriented Development Program Alexander E. Kalamaros DPDS AICP Joint Development Program Manager

Transcript of Metro’s - web1.ctaa.orgweb1.ctaa.org/webmodules/webarticles/articlefiles/Metro_TOD... ·...

Los Angeles County Metropolitan Transportation Authority

Metro’sTransit Oriented

Development Program

Alexander E. Kalamaros DPDS AICP Joint Development Program Manager

Metro’s TOD Projects

What Metro seeks from TOD

„ Reduced auto use/Increased transit use„ Density, but consistent with surrounding

neighborhood„ Mix of uses linked to transit„ Upgrades to/Completion of Metro facilities„ Strong neighborhood and inter-modal link„ Pedestrian orientation„ Enhanced transit patron experience„ Long-term ground lease (typically)„ Fair market return„ Sustainable development

Completed Projects (Selected)

Hollywood + Vine

Hollywood + Vine ‟ W Hotel/Condos

„ Line: Metro Red Line„ Site: +2.30 acres (some Metro-owned)„ Development:

o 300-room W Hotelo 143 condominiumso 30,000 sq. ft. of ground floor retailo Improved/enlivened public plazao New subway portal canopy, subway

elevator and bike room„ Status: Complete„ Completed: Q4 2009

Hollywood + Vine ‟ Apartments

„ Line: Metro Red Line„ Site: 2.35 acres of Metro-owned property „ Development:

o 375 apartmentso 28,000 sq. ft. of ground floor retailo New bus layover facility

„ Status: Complete„ Completion: Q4 2009

Wilshire/Vermont - Apartments

„ Line: Metro Red & Purple Lines„ Site: 3.24 acres of Metro-owned property„ Development:

o 449 apartmentso 35,000 square feet of ground floor retailo Improved/enlivened public plazao New subway portal and elevator access o New bus layover facility on adjacent

1.02-acre parcel „ Status: Complete„ Completed: August 2007

Wilshire/Vermont - School

„ Line: Metro Red & Purple Lines„ Site: 2.4 acres „ Development:

o 800-student middle schoolo Relocation of Metro intake/exhaust shaft

and emergency exit„ Status: Complete„ Completed: Q4 2008

Wilshire/Western

„ Line: Metro Purple Line„ Site: 2.6 acres (1.7 acres owned by Metro) „ Development:

o 195 condominiumso 49,500 s.f. of retail spaceo New bus layover facility and subway

portal canopy„ Status: Complete„ Completed: May 2009

Del Mar Station

„ Line: Metro Gold Line„ Site: Two parcels totaling 3.56 acres

separated by the Gold Line right-of-way„ Development:

o 347 apartmentso 11,000 square feet of ground floor

retailo Public plaza connected to Gold Line

stationo Refurbished train depot o 600 transit parking spaces

„ Status: Complete„ Completed: 2007

Del Mar Station

Projects In Negotiation (Selected)

North Hollywood/Universal Region

North Hollywood

„ Line: Metro Red & Orange Lines„ Site: Five Metro-owned parcels

totaling approximately 15.5 acres„ Anticipated Development:

o Landmark, high-density, creative arts-oriented, “town center”

„ Status: In Negotiation„ Est. Completion: TBD

North Hollywood

Universal Station Area

Universal Site Plan

Universal (Phase 1)

„ Line: Metro Red Line„ Site: Approx. 8 acres of Metro-owned property„ Anticipated Development:

o 315,000 s.f. NBC Universal media prod./broadcast facility

o 24-story/655,200 s.f. office bldg. (NBC Universal as major tenant)

o 25,000 s.f. of retail/restaurant spaceo 3,709 parking spaces, including 800 spaces

for transit (of which 230 spaces are new)o New 20 space bus facility

„ Status: In Negotiation„ Est. Completion: TBD

Universal (Phase 2)

„ Line: Metro Red Line„ Site: Approximately 4 acres (+3.5 acres are

Metro-owned)„ Anticipated Development:

o Option A: 24-story/489,100 s.f. multi-tenant

office building 1,467 parking spaces

o Option B: 34-story/300-room hotel and 400

unit residential building 1,467 parking spaces

„ Status: In Negotiation„ Est. Completion: TBD

Westlake/MacArthur Park

„ Line: Metro Red/Purple Line„ Site: Two separate Metro-owned parcels totaling

3.7 acres„ Proposed Development:

Two-phased project including:o 172 affordable apartmentso 38,000 s.f. of retail spaceo 316 parking spaces (including 100 “commuter

parking spaces”)o Public plaza and portal improvements

„ Status: In Negotiation„ Est. Completion: 2012 (Phase A)

Taylor Yard

„ Line: Metrolink Rail Corridor„ Site: Metro-owned property totaling 20.2 acres„ Proposed Development:

Multi-phased project including:o 295 condominiumso 176 affordable apartments (108 for

seniors)o 29,500 s.f. of retail spaceo Open space

„ Status: In Negotiation„ Est. Completion: TBD

Taylor Yard

One Santa Fe Neighborhood

One Santa Fe

„ Line: Metro Red Line Yard„ Site: 2.78 acres of Metro-owned property„ Proposed Development:

o 438 apartmentso 77,000 s.f. of ground floor retail and

live/work space„ Status: Under ground lease/developer is

seeking financing„ Est. Completion: TBD

Eastside Projects (Selected)

Metro Gold Line Eastside Extension

1st + Boyle (SWC)/Mariachi Plaza

„ Site: Metro-owned property, private property and a street closing totaling +3.5 acres and lying on the SWC and the NEC of 1st and Boyle. Situated at the Mariachi Plaza station.

1st + Boyle (SWC)

„ Proposed Development o +100 residential rentals (98 affordable)

in a mix of single story flats and two-story town homes

o +6,000 sq. ft. of community-serving retail space

o 4-story project with one level of below grade parking

„ Status: Seeking entitlements, performing due diligence and assembling financing.

„ Est. Completion: TBD

Mariachi Plaza

„ Proposed Developmento +125,000 sq. ft. of retail/community

space (including a +45,000 sq. ft. market/drug store)

o +35,000 sq. ft. of medical office spaceo Expansion of Mariachi Plaza with direct

connection to Gold Line portal„ Status: Developer is re-evaluating project

scope„ Est. Completion: TBD

Mariachi Plaza

Chavez + Fickett

„ Proposed Developmento 1.56-acre Metro-owned siteo 73 affordable apartmentso +3,250 sq. ft. of ground-floor,

community-serving retail spaceo +1,400 sq. ft. of ground-floor,

community spaceo Mix of single-story flats and two-story

town homeso 3.5-story project with one level of semi-

subterranean parkingo Alley access to parking

„ Status: In Negotiation „ Est. Completion: TBD

1st + Soto

„ Site: Metro-owned property totaling + 0.75 acres on the southwest and southeast corners of 1st + Soto

„ Proposed Developmento 41-50 affordable apartmentso +14,500 sq. ft. of ground-floor retail spaceo Community spaceo Preschool facilityo +11,500 sq. ft. of office space

„ Status: Developer is re-evaluating project scope„ Est. Completion: TBD

1st + Lorena

„ Site: Metro-owned property totaling + 0.8 acres and lying on the NWC of 1st and Lorena. A short walk to/from the Indiana station.

1st + Lorena

„ Site: Metro-owned property totaling +0.8 acres

„ Proposed Developmento 43-52 affordable apartmentso +10,000 sq .ft . of ground-floor

retail spaceo Community space

„ Status: Developer is re-evaluating project scope

„ Est. Completion: TBD

Other Projects

„ Hollywood + Highland (Red Line ‟ Complete)‟ 389,700 s.f. retail center/640-room Renaissance Hotel/3,000 space parking structure/3,500-seat

Kodak Theatre„ Hollywood + Western (Red Line ‟ Complete)

‟ 120 affordable apartments/9,000 s.f. of retail/Childcare facility„ Vermont/Santa Monica (Red Line ‟ In Negotiation)

‟ 140-200 apartments/16,000-24,000 s.f. of retail„ Temple/Beaudry (In Negotiation)

‟ 145 residential units/11,500 s.f. of retail/24 space bus facility„ Chavez + Soto (Eastside ‟ In Negotiation)

‟ 1.94-acre development„ Sepulveda (Orange Line ‟ Contemplated)

‟ 12.5-acre development/transit parking