Crenshaw/LAX Transit Project Joint Development
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Community Leadership Council - Economic Development Work Group | March 3, 2016
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Agenda
1. Introductions
2. Metro Joint Development Process
3. Expo/Crenshaw Opportunity Site
4. Fairview Heights Opportunity Site
5. Discussion
6. Next Steps
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Who Are We?
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Why Are We Here?
Meeting Goals:
• Inform community of station area development opportunities on publicly-owned properties along the Crenshaw/LAX Transit Corridor
• Invite community input to shape the vision for future development
• Align development to community’s needs and aspirations
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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; one 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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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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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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Metro Joint Development Process
Community Input to Prepare Development Guidelines
Developer Solicitation/Selection
Project Refinement, Joint Development Agreement (JDA) and Ground Lease (GL)
Negotiations
Permitting and Construction
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Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Initial Workshops with Local Jurisdictions, Community Leadership Council (CLC)
Consultant Procurement; Informational Community Meetings
Initial Community Workshops, Development Guideline Preparation
Developer Solicitation and Selection
Project Refinement and Entitlements, On-going Community Engagement/Input
Permitting and Construction
Crenshaw/LAX Transit Project Planned Completion
Metro Board of Directors Approvals:
Development Guidelines for inclusion in Request for Proposals
ACTIVITY
Exclusive Negotiations Agreement (ENA) w ith Developer
2019 2020
Joint Development Agreement (JDA) and Ground Lease (GL)
2015 2016 2017 2018
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1 2 3
Joint Development Process To Date
We Are Here
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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
Expo / Crenshaw
Owner: Metro Site: 1.77 acresUse: Construction Staging
(current), 110 Space Metro Park & Ride (planned)
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Expo/Crenshaw: Key Landmarks
District Square
West Angeles Cathedral
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Expo/Crenshaw: Area Context
Multi-family Residential
Single-family Residential
Crenshaw Corridor
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Expo/Crenshaw: Where Do We Start?
Proposed Plan text = Black & underline
Removal of Proposed Plan text = Black strikethrough & underline
4/11/13 CPC Recommendations and updates = Red & underline
2/11/16 CPC Modifications (Approved) = Blue & underline
Removal of 2004 adopted text = strikethrough CRENSHAW CORRIDOR SPECIFIC PLAN Last updated: February 26, 2016
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Crenshaw Corridor
Specific Plan
Ordinance No. 176, 230 | Effective November 14, 2004
Specific Plan Procedures | Amended pursuant to L.A.M.C. Section 11.5.7
Design Review Board Procedures | Amended pursuant to L.A.M.C. Section 16.50
Specific Plan Amendment as part of the
West Adams-Baldwin Hills-Leimert New Community Plan
Amended by Ordinance No. XXX,XXX | Effective Date xx
A Part of the General Plan - City of Los Angeles http://cityplanning.lacity.org (General Plan - Specific Plan)
Draft Last updated: February 26, 2016
• Crenshaw Corridor Specific Plan
• Crenshaw Boulevard Streetscape Plan
Build on Prior Area Plans:
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Expo/Crenshaw: CCSP Draft Standards
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The Crenshaw/LAX Line will provide residents with a new connection to the area’s major employment centers
Regional Connectivity
Source: Google Maps, LEHD
Downtown LA
297,000
Jobs
USC
7,000 Jobs
Santa Monica
83,000 Jobs
LAX Area
100,000 Jobs
Expo-Crenshaw Station Area
Fairview Heights Station Area
Half-Mile Station Area
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Expo/Crenshaw: Community Snapshot
Source: ESRI, LEHD
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Expo-Crenshaw Station Area
2,687
0.5 mi
Expo-Crenshaw Station Area
City of Los Angeles
Renters
Jobs per Resident
Owners
Renters
$38,725 $47,807 Median Household Income
Jobs per Resident
Median Household Income
0.30 0.44
Key Demographics (2015)
47% Owners 53%
24%
59%
17%
Age 0-19
Age 20-64
Age 65+
25%
63%
12%
Age 20-64
Age 0-19
Age 65+
38%
62% 2,148
Population (2015)
Households (2015)
7,076 Jobs (2013)
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Expo/Crenshaw: Market Opportunities
Retail
Residential
Office
• Retail revitalization is occurring within the Expo-Crenshaw primary market area, but much of the existing retail is older and sells a limited variety of goods.
• The Expo-Crenshaw primary market area is not a major employment center.
• The office market is currently challenged and has a significant amount of vacant space.
• Demand for new residential units is strong throughout Southern California and in the Station Area.
• There are near term opportunities for new rental housing and potential future opportunities for for-sale housing in the station area.
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Joint Development Opportunity Site
Fairview Heights
Los Angeles County 1.44 acres County Department of Public Social Services
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Fairview Heights: Key Landmarks
Inglewood Park Cemetery
Edward Vincent Junior Park
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Fairview Heights: Area Context
Single-family Residential
West Boulevard
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Fairview Heights: Where Do We Start?
• City of Inglewood Transit Oriented Development Plan
Build on Prior Area Plans:
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Fairview Heights: CCSP Draft Standards
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Fairview Heights: Community Snapshot
Age 65+ Age 65+
Age 0-19
Age 20-64
Age 65+
Source: ESRI, LEHD
Population (2015)
Households (2015)
3,204 10,104
Fairview Heights Station Area
Los Angeles County
30%
70%
31%
Owners
Renters
60%
9%
Jobs per Resident
Owners
Renters
26%
63%
11%
$29,487 $54,690 Median Household Income
Jobs per Resident
Median Household Income
0.11 0.42
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Fairview Heights Station Area
0.5 mi
1,153 Jobs (2013)
Key Demographics (2015)
46%
54%
Age 0-19
Age 20-64
Age 65+
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Fairview Heights: Market Opportunities
Retail
Residential
Commercial • While there is no traditional office space in the Fairview
Heights Station Area, there are some clusters of existing industrial uses.
• Demand for new residential units is strong throughout Southern California and in the Station Area.
• There are near term opportunities for new rental housing and potential future opportunities for for-sale housing in the Station Area.
• There is limited retail within close proximity to the Station.
• Much of the existing retail in the immediate area is older and sells a limited variety of goods.
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Discussion Questions
• What makes the corridor special today?
• What needs aren’t being met?
• How can future development further community aspirations and goals (uses, design, etc.)?
• Are there projects that we should look to for inspiration?
• How can implementation of the Joint Development program respond to community priorities and build faith in the process?
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Next Steps
PARTICIPATE IN THE PROCESS! • Expo/Crenshaw Station Community Workshop 1
Saturday, March 19, 2016 | 1pm – 3pm West Angeles Church – Crystal Room | 3045 Crenshaw Blvd.
• Fairview Heights Station Community Workshop 1 Saturday, April 2, 2016 | 10am – 12pm St. John Chrysostom Church | 530 E. Florence Ave.
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Stay in Touch
Nick Saponara Director, Joint Development Phone - 213.922.4313 Email - [email protected]
Project Website: metro.net/projects/jd-crenshawlax/