Metro - File #: 2024-0281

• File #: 2024-0281
• Type: Project
• Status: Agenda Ready
• File created: 4/23/2024
• In control: Planning and Programming Committee
• On agenda: 6/20/2024
• Title: AUTHORIZE the Chief Executive Officer to execute an Exclusive Negotiation Agreement and Planning Document (ENA) with Metro Venice Art Collective, LLC (Developer) for a period of 18 months, with the option to extend for an additional three, 12-month periods, for the development of Metro-owned property at the former Division 6 Bus Yard in the Venice Community of the City of Los Angeles (Site), subject to resolution of all properly submitted protest(s), if any.
• Sponsors: Program Management (Department), Maria Luk
• Indexes: Agreements, Budgeting, Central Los Angeles subregion, City of Los Angeles, Construction, Disadvantaged business enterprises, Division 06, Exclusive Negotiation Agreement, Guidelines, Housing, Joint development, Joint Development Agreement, Joint Development Policy, Maps, Metro Art, Motion / Motion Response, Outreach, Pedestrians, Plan, Procurement, Project, Project delivery, Property Agreement, Request For Proposal, Request for qualifications, Safety, San Fernando Valley subregion, Small Business Enterprise, South Bay Cities subregion, Subsidies, Transit Oriented Community, Venice, Westside Cities subregion, Westside/Central Service Sector

Date	Action By	Action	Result
6/27/2024	Board of Directors - Regular Board Meeting

Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
JUNE 20, 2024


Subject
SUBJECT: VENICE DIVISION 6 JOINT DEVELOPMENT

Action
ACTION: APPROVE RECOMMENDATION

Heading
RECOMMENDATION

Title
AUTHORIZE the Chief Executive Officer to execute an Exclusive Negotiation Agreement and Planning Document (ENA) with Metro Venice Art Collective, LLC (Developer) for a period of 18 months, with the option to extend for an additional three, 12-month periods, for the development of Metro-owned property at the former Division 6 Bus Yard in the Venice Community of the City of Los Angeles (Site), subject to resolution of all properly submitted protest(s), if any.

Issue
ISSUE

In April 2023, Metro released a Request for Proposals (RFP) for the development of the Metro-owned former Division 6 Bus Yard in the Venice Community of the City of Los Angeles (see Attachment A - Site Map). After a thorough evaluation, community meeting, and final scoring process, staff recommends entering into an ENA with Metro Venice Art Collective, LLC, the highest-scoring proposer. During the ENA time frame, the Developer will refine the project, seek community feedback, obtain environmental approvals and City of Los Angeles entitlements, and negotiate terms for a Joint Development Agreement and Ground Lease with Metro.

Background
BACKGROUND

The Site was a fully operational transit facility for over 100 years before being decommissioned in 2015. On January 28, 2016, the Board adopted Motion 59 by Directors Bonin and Kuehl calling for a community-based process to determine a new use for the Site through Metro's Joint Development (JD) program (Attachment B).

In the fall of 2018, Metro initiated extensive community outreach to collect input on the long-term reuse of the Site, which was used to create Development Guidelines, the primary tool to articulate the community's vision for the Site. The Development Guidelines were approved by the Board at its June 2019 meeting. A two-step procureme...