Union Station v2
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Transcript of Union Station v2
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Union Station, Los Angeles
Dec. 4-9, 2011
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2
AdvisoryP
anel
Union
Station
LosAngele
s12/4-
9/11About the Urban Land Institute
The mission of the Urban Land Institute
is to provide leadership in theresponsible use of land and in creatingand sustaining thriving communitiesworldwide.
ULI is a membership organization withnearly 30,000 members worldwiderepresenting the spectrum of real estate
development, land use planning andfinancial disciplines, working in privateenterprise and public service.
ULI started the Advisory ServicesProgram in 1947; we conduct 15 - 20panels a year on a variety of land use
subjects. We provide independent,objective,` candid advice on importantland use and real estate issues.
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AdvisoryP
anel
Union
Station
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s12/4-
9/11The Panelists
Chair Charles Kendrick,
Managing Director, ClarionVentures, LLC, Andover, Mass.
Jennifer Ball, Vice President ofPlanning, Central Atlanta
Progress, Atlanta, Georgia
Kenneth Ho, DevelopmentManager, Trammell CrowCompany, Denver, Colo.
Todd Johnson, Principal, DesignWorkshop, Inc., Denver, Colo.
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AdvisoryP
anel
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Station
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s12/4-
9/11 The Panelists
Bill Kistler, Senior Client Partner Real
Estate/EMEA, Korn/Ferry International,London, United Kingdom
Bill Lawrence, Director, ConsultingServices, TR Advisors, LLC, Boston,
Mass.
Amy Neches, Manager, Project AreaPlanning and Development, SanFrancisco Redevelopment Agency, SanFrancisco, Calif.
Mary Smith, Senior Vice President,Walker Parking Consultants/Engineers,Indianapolis, Ind.
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AdvisoryP
anel
Union
Station
LosAngele
s12/4-
9/11 The Panel Assignment
Union Station
Gateway to the city of LosAngeles
Rapidly growing as a majorregional transportation hub forSouthern California
Consider how the growth of thestation can be a catalyst forpositive change in adjacentneighborhoods
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AdvisoryP
anel
Union
Station
LosAngele
s12/4-
9/11Union Station Study Are
a
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AdvisoryP
anel
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Station
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Constraints/Issues
Overall economicconditions
Large-scaleindustrial/institutionaluses
High-speed raillocation uncertainty
Freeway corridor
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AdvisoryP
anel
Union
Station
LosAngele
s12/4-
9/11 Lots of Projects
Civic Crossroads Park/Broad/Grand
Spring and Main to CesarChavez
Hall of Justice El Pueblo Pedestrian
Improvements
Cesar Chavez AveStreetscape
Chinatown residential Blossom Plaza
Central Avenue Park
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AdvisoryP
anel
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Station
LosAngele
s12/4-
9/11
and Grand Ideas
Regional Connector Park 101
Union Station
High-Speed Rail LA River Master
Plan
Cleantech Corridor
Cornfields /ArroyoSeco
First Street Now!
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AdvisoryP
anel
Union
Sta
tion
LosAngele
s12/4-
9/11 The Big Gap: Connectivity
Pedestrian Experience
To El Pueblo
To Chinatown
To Civic Center
To Little Tokyo
To Arts District
To LA River
To Boyle Heights
Safety/Security
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AdvisoryP
anel
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Sta
tion
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9/11 Connectivity
The key toovercomingconnectivityissues is not
merely signsandstreetscape,but activity
a.k.a.development
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AdvisoryP
anel
Union
Sta
tion
LosAngele
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9/11 Current Conditions
500 acres (3/4 square mile)
Specific plan for Metro: 40 acres
RFP on Specific Area Master Plan
Metro and MWD Headquarters: 1.1 million sf 278-unit apartment complex
Metro and City of Los Angeles jurisdiction
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AdvisoryP
anel
Union
Sta
tion
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9/11World Class Transit Hub
Union Stations Many Assets
Historic architecture
80,000 - 100,000passengers/day
7 Metro lines at buildout
1,000 buses/day
Amtrak rail/bus
Metrolink
6 million SF 4,700 parking spaces
High-speed rail
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AdvisoryP
anel
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Sta
tion
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9/11Area Demographics mile
2008 1,000 households
960 businesses
20,000 employees
6,600 correctionalpopulation
Source: ESRI
2035
7,300 households
17,000 population
35,000 employees
Source: SCAG
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AdvisoryP
anel
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Sta
tion
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9/11 Paradigm Shift in Downtown LA
20,000 residential unitsSouth Park
Young professionals
Entertainment L.A. Live
Authenticity
Cultural diversity
Transit access
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AdvisoryP
anel
Union
Sta
tion
LosAngele
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9/11 Development Opportunities
Short-Term Opportunities
Housing for youngprofessionals
Ground floor retail
One big box retail
120-bed limited servicehotel
Top Golf (10-15 acres)
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AdvisoryP
anel
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Sta
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9/11
Longer Term Opportunities
Office space
More hotel space
Higher density residential Higher passenger
volumes
Synergy among uses
Development Opportunities
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AdvisoryP
anel
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Sta
tion
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9/11 The Power of Vision
Engage stakeholders
Physical, policy, commercial and social
Suspend disbelief
Think big
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AdvisoryP
anel
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Sta
tion
LosAngele
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9/11 Back to the Future
Public transportationdominated
Encourageddevelopment ofdowntown as hub
Sustainable
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AdvisoryP
anel
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Sta
tion
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9/11 Exodus and Decline
Abandoned publictransportation
Automobiledependent
Accelerateddecentralization
Encouraged sprawl
Unsustainable!
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AdvisoryP
anel
Union
Sta
tion
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9/11 Renaissance
Creating new
opportunities Enabled by transit
investment
Bringing jobs and
residents back to center A catalyst for
development
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AdvisoryP
anel
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Sta
tion
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9/11 Unique Potential
Pueblo
ChinatownExisting Assets
Little Tokyo
Future Opportunity
Union Station
Market Proximity
Civic Center
Downtown
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AdvisoryP
anel
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Sta
tion
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9/11 Shaping the Vision
A model of sustainable development that capitalizes onproximity to the hub of regional transportation
A place that can accommodate a wide range of uses,attract new jobs and significant investment
A compelling community where people want to live andwork
A unique and coherent destination to attract visitorsdowntown
An amenity for those who work in the Civic Center anddowntown
A new heart for the city of Los Angeles
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AdvisoryP
anel
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Sta
tion
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9/11 Benefits
Existing business owners benefit from increased
demand and a more diversified market
Residents benefit from the investment in a quality publicrealm and additional amenities in the area
Commuters benefit from the addition of new activities
and venues in and around the station
Southern California gains an important attraction easilyaccessed from all points in the region
Metro enhances value of Union Station to investors,
developers and occupiers
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AdvisoryP
anel
Union
Sta
tion
LosAngele
s12/4-
9/11 Study Area Development Potential
Area has many vacant and under-developed parcels,many public, some private
Current burden = future opportunity
Long-term potential for substantial and sustainablegrowth in LA for jobs and housing, both on and offUnion Station
This growth and development can create connectionsto existing communities through densificationfillingin the gaps and by improving the pedestrian
experience
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AdvisoryP
anel
Union
Sta
tion
LosAngele
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9/11 Start with the Core
Metro will pursue its sites over timegreat location for
jobs, but when? Outside the station, start now on publicly-owned sites
close to Union Stationwest toward Hill Street, northof the 101 freeway
Start with economically viable uses that will attract newpopulation
Mixed-use developmentresidential over retail
Support El Pueblo historic district
Create connections to Chinatown
LA Mall sitekey connection to Civic Center
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AdvisoryP
anel
Union
Sta
tion
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9/11 Core Development Sites
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AdvisoryP
anel
Union
Sta
tion
LosAngele
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9/11 Civic Crossroads Plan2008
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AdvisoryP
anel
Union
Sta
tion
LosAngele
s12/4-
9/11 Longer-Term Opportunities
Infill sites within existing communitiesresidential/mixed-use development in response tomarket demand
Mangrove site
Chinatown sites
Major sitesincluding soft public sitesprovide a landbank for future development to support public goals,especially job creation
Terminal Annex Site
Cornfields Arroyo Seco area Piper Tech complex
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AdvisoryP
anel
Union
Sta
tion
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9/11 Study Area Development Sites
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AdvisoryP
anel
Union
Sta
tion
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9/11 Transit and Development
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AdvisoryP
anel
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Sta
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9/11A New Nucleus for Civic Activity
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AdvisoryP
anel
Union
Sta
tion
LosAngele
s12/4-
9/11 Define a Civic Destination
with Open Space Improvements
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AdvisoryP
anel
Union
Sta
tion
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9/11Activated Public Spaces
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AdvisoryP
anel
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Sta
tion
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9/11 ProgrammedOpen Spaces
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AdvisoryP
anel
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Sta
tion
LosAngele
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9/11 Activate and Reinforce the Destination
With Development Sites
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AdvisoryP
anel
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Sta
tion
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9/11
Invigorated Nucleus
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AdvisoryP
anel
Union
Sta
tion
LosAngele
s12/4-
9/11 Existing Plans and Projects
Central City North CommunityPlan
Chinatown Gateway: LA Civic Center Shared Facilitiesand Enhancement Plans
Alameda District Special Plan Chinatown Metro Apartments: Los Angeles River Master Plan
Union Station Development
AgreementMangrove Estates EIR First Street Now!
Union Station Master Plan Central Avenue Park SCAG Park 101 Feasibility Study
Center City Community PlanCesar Chavez Avenue Streetscape
ProjectChinatown Cultural Capital Plan
Civic Crossroads Master PlanEl Pueblo de Los Angeles State Historic
Park Pedestrian Improvements ProjectSCAG Park 101 Feasibility Study
LA Civic Center Shared Facilities
and Enhancement PlansCounty Hall of Justice Chinatown Cultural Capital Plan
Los Angeles River Master Plan MOCA Expansion Project for Public Spaces
First Street Now!Ord/Yale Street Pedestrian Linkages
Project:
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AdvisoryP
anel
Union
Sta
tion
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9/11 Metro Purchase
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AdvisoryP
anel
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Sta
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9/11 Implementation
Union Station Building
Property management
Leasing agent
Union Station Site ownedby Metro
Owners representative to
manage implementationof the Master Plan
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AdvisoryP
anel
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Sta
tion
LosAngele
s12/4-
9/11 Implementation
Study Area
Facilitate inter-agency collaboration
Remove barriers to development
Encourage redevelopment of the public
realm and vacant publicly-owned land Meet regularly - Consistent
communication is important for developing
trust
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AdvisoryP
anel
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Sta
tion
LosAngele
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9/11 Implementation
Identify development tools in use inother areas in LA
Transit specific entitlement program
Specific Area Plans Programmatic EIRS
Transfers of Development Rights
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AdvisoryP
anel
Union
Sta
tion
LosAngele
s12/4-
9/11 Potential Funding Sources
Consider Community Redevelopment
Agency Infrastructure Facilities District
Measure R transit area planningfunds
Non-contiguous CFD District forpublic and privately-owned land
available for development
C
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AdvisoryP
anel
Union
Sta
tion
LosAngeles12/4-
9/11Central Platte Valley 1960s
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AdvisoryP
anel
Union
Sta
tion
LosAngeles12/4-
9/11 Connectivity and Amenities
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AdvisoryP
anel
Union
Sta
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LosAngeles12/4-
9/11
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AdvisoryP
anel
Union
Sta
tion
LosAngeles12/4-
9/11 Current Master Plan
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AdvisoryP
anel
Union
Sta
tion
LosAngeles12/4-
9/11 Transportation Infrastructure
$491 million investment intransit infrastructure
8 heavy rail tracksserving commuter rail andAmtrak
2 light rail tracks 22 underground bus bays
for RTD and free shuttlebuses
DUSPA managedfinancing, design,construction andmaintenance of transitinfrastructure
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AdvisoryP
anel
Union
Sta
tion
LosAngeles12/4-
9/11 Current Conditions
Q i ?
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AdvisoryP
anel
Union
Sta
tion
LosAngeles12/4-
9/11 Questions?