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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
PARTNERSHIP

LA Related
COUNTY Companies Regional Destination

Mixed-Use Development

Public Open Spaces


Grand Ave CRA/LA
Committee
Community-oriented

Economically Viable
GRAND AVENUE COMPONENTS
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LOS ANGELES CITY PLANNING DEPARTMENT


GRAND AVENUE COMPONENTS

Elements Objectives

Redevelopment
Five Parcels Q, L, M-2,
Development W-1 and W-2 Pedestrian Connections
Parcels
Architecture & Design
16-acre park
Civic Park Improvements, landscaping
Activate Downtown LA

Grand Avenue Public Benefits


Streetscape
Program Temple Street to Fifth Street
Civic Gathering Place
LOS ANGELES CITY PLANNING DEPARTMENT
COMMUNITY AND REDEVELOPMENT PLANS
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LOS ANGELES CITY PLANNING DEPARTMENT


EXISTING USES
Phase I Parcel Q
EXISTING USES
Phase II Parcels L and M-2
EXISTING USES
Phase III Parcels W-1 and W-2
FIVE DEVELOPMENT PARCELS
PROJECT DESCRIPTION
FIVE DEVELOPMENT PARCELS

or
PHASE I - PARCEL Q
Parcel Q Profile
Owner: County of Los Angeles

Size: 3.02 net acres

Tract Map: TT-67490

Hotel: 275 rooms

Residential: 500 units

Retail: 284,000 sf
Affordable Units: 100 units
Parking: 1,510 spaces
Open Space: 47,758 sf
PHASE II – PARCELS L AND M-2
Parcels L and M-2 Profile
Owner: CRA/LA
Size: 2.2 net acres
Tract Map: TT-67492

Residential: 850 units

Commercial: 101,000 sf
Affordable Units: 170 units
Parking: 1,570 spaces
Open Space: 33,000 sf
PHASE III – PARCELS W-1 and W-2
Parcels W-1 and W-2 Profile
Owner: Private (W-1), County of LA (W-2)

Size: 3.14 net acres

Tract Map: TT-67491


County Office Additional
Options Building 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


HISTORY OF APPROVALS

2006
2007

2005
Advisory Agency Hearing
DDA and
Development Request
Phase
Preparation Iand for
Ground
of EIR
on March 29,
Negotiation of 2007
DDA
Leases
Approval of Proposal
2004 TT-67490
City Tax Rebate MOU
-Approved by
Implementation CRA,
Establishment
 TT-67491
County,
Plan, of
Phase I Ground
City Council
incl. Business
Leases Term
JPA Sheet,
 TT-67492
Development
MOU between Program,
Selection
Developerof and
2003
Pre-schematic
City for EIR
TOT and Site
Related Plans
parking
Certified
-Approved
Hearing
rebates by CRA/City
Officer
Companies
DDA, Phase Hearing
I Ground
Council
-Approved Onand
April
Leases
by County
City25, 2007
Council
-Approved by JPA
REQUESTED ENTITLEMENTS

Zone Change

Conditional Use

Zone Variances

Development Agreement
REQUESTED ENTITLEMENTS

• From R5-4D to C2-4D


• Establish Single Zoning of
Zone Change
C2-4D for entire site

Conditional Use

Recommendation : Approval
Zone Variances

Development Agreement
REQUESTED ENTITLEMENTS
• FAR of 9.9:1
• Density of one unit per 136 sf
• Sale and Dispensing of Alcoholic
Beverages
Zone Change
• Live Entertainment with Incidental
Conditional Use Dancing

Recommendation: Approval with


Zone Variances
conditions of Plan Approval for
finalized plans
Development Agreement
REQUESTED ENTITLEMENTS

• Open Space
- Reduction in Open Space
- Public Plazas, Landscaped
Zone Change Portion of Common Open Space
(< 25% min)
Conditional Use • Tandem Parking w/ Valet

Recommendation: Approval
Zone Variances

Development Agreement
REQUESTED ENTITLEMENTS
Highlights
• Vesting Rights
• 20 year term
• Streetscape and Pedestrian
Zone Change Improvements
• Sustainability
Conditional Use • 99 years affordable housing
• WiFi in Civic Park
Zone Variances
• On-site Childcare Center
Development Agreement • Availability of MTA Monthly Passes

Recommendation: Approval
REMAINING APPROVALS

Remaining Approvals

Signage District
Community Taxing District City of Los Angeles
Zone Variance - Parking
Park Development Negotiation between Related Companies
Schematic
Agreement Design Reviewand JPA
Community Taxing District
Park Development
Schematic Agreement
Design Review CRA/LA and JPA

Zone Variance – Parking


City of Los Angeles
for Affordable Units

Sign District City of Los Angeles


CONCLUSION

Suitable Site Catalytic Project

 Transit  Revitalization
 Housing and Retail  Architecture
 Affordable Housing  Critical Mass
 Context  Sense of Place
 Land Use Plans  Benefits
 Smart Growth

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