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File #: 2026-0022   
Type: Agreement Status: Agenda Ready
File created: 1/9/2026 In control: Planning and Programming Committee
On agenda: 4/15/2026 Final action:
Title: AUTHORIZE the Chief Executive Officer (CEO), or designee, to execute an amendment to the Exclusive Negotiations and Planning Agreement (ENA) with Walter J Company (Developer) to extend the term for one year for the joint development of 1.8 acres of Metro-owned property at the Westlake MacArthur Park (B/D) Line Station (Station) in the City of Los Angeles (City).
Sponsors: Board of Directors - Regular Board Meeting
Attachments: 1. Attachment A - Site Map, 2. Presentation
Date Action ByActionResultAction DetailsMeeting DetailsAudio
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Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
APRIL 15, 2026


Subject
SUBJECT: WESTLAKE/MACARTHUR PARK B/D LINE STATION JOINT DEVELOPMENT

Action
ACTION: APPROVE RECOMMENDATION

Heading
RECOMMENDATION

Title
AUTHORIZE the Chief Executive Officer (CEO), or designee, to execute an amendment to the Exclusive Negotiations and Planning Agreement (ENA) with Walter J Company (Developer) to extend the term for one year for the joint development of 1.8 acres of Metro-owned property at the Westlake MacArthur Park (B/D) Line Station (Station) in the City of Los Angeles (City).

Issue
ISSUE

Metro and Developer are parties to an ENA dated February 2021, as amended (collectively, the ENA) for the development of the mixed-use project situated on Wilshire Boulevard between Alvarado Street and Westlake Avenue in the Westlake community of Los Angeles (Project). The ENA is set to expire on August 19, 2026. A one-year extension of the ENA term is necessary to complete pre-development negotiation activities. The ENA pre-dates the establishment of a Joint Development (JD) Bench and Board-delegated authority to enter into and extend ENAs, and therefore, this action requires Board approval.

Background
BACKGROUND

In August 2020, the Board approved an ENA with the Developer, which was executed and became effective in February 2021. On July 27, 2023, the Metro Board approved an amendment with the Developer to extend the ENA for one year plus two one-year extensions. The second option period expires August 19, 2026.

The Developer owns properties north and south of the Metro-owned property (see Attachment A - Site Map) and will include these properties in the development of the Project. As described in the approved ENA, the Developer has proposed a mixed-use, mixed-income development that wraps around the perimeter of the Metro-owned plaza anticipated to be completed by fall of 2031. This will include two towers: one at the corner of Wilshire and Westlake, and the ot...

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