Metro - File #: 2020-0902

• File #: 2020-0902
• Type: Agreement
• Status: Passed
• File created: 1/13/2021
• In control: Board of Directors - Regular Board Meeting
• On agenda: 3/25/2021
• Final action: 3/25/2021
• Title: CONSIDER: 1. AUTHORIZING the Chief Executive Officer to execute an amendment to the Exclusive Negotiation Agreement and Planning Document with WIP-A, LLC, a wholly-owned subsidiary of Watt Companies, Inc., and the County of Los Angeles to extend the term for 12 months, and provide for an additional 12-month administrative extension, which agreement is in regards to the joint development of 1.77 acres of Metro-owned property and 1.66 acres of County-owned property at the Expo/Crenshaw Station in partnership with West Angeles Community Development Corporation; and 2. ADOPTING the Expo/Crenshaw First/Last Mile Plan.
• Sponsors: Planning and Programming Committee
• Indexes: Agreements, Bicycling, Board approved a Motion, Budgeting, California Environmental Quality Act, Central Los Angeles subregion, City of Los Angeles, Crenshaw Station, Crenshaw/LAX Transit Corridor Project, Exclusive Negotiation Agreement, Expo/Crenshaw Jd (Project), Expo/Crenshaw Station, First/Last Mile, Funding plan, Guidelines, Housing, Inglewood, Joint development, Joint Development Agreement, Los Angeles International Airport, Maps, Metro Rail C Line, Metro Rail E Line, Metro Rail K Line, Metro Vision 2028 Plan, Outreach, Partnerships, Pedestrian safety, Pedestrians, Plan, Program, Project, Safety, San Fernando Valley subregion, South Bay Cities subregion, Station 1015, Strategic planning, Surveys, Transit Oriented Community, Westside Cities subregion, Zoning
• Related files: 2021-0234, 2021-0235

Date	Action By	Action	Result
3/25/2021	Board of Directors - Regular Board Meeting
3/17/2021	Planning and Programming Committee

Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
MARCH 17, 2021

Subject
SUBJECT: EXPO/CRENSHAW STATION JOINT DEVELOPMENT AND FIRST/LAST MILE PLAN

Action
ACTION: APPROVE RECOMMENDATIONS

Heading
RECOMMENDATION

Title
CONSIDER:

1. AUTHORIZING the Chief Executive Officer to execute an amendment to the Exclusive Negotiation Agreement and Planning Document with WIP-A, LLC, a wholly-owned subsidiary of Watt Companies, Inc., and the County of Los Angeles to extend the term for 12 months, and provide for an additional 12-month administrative extension, which agreement is in regards to the joint development of 1.77 acres of Metro-owned property and 1.66 acres of County-owned property at the Expo/Crenshaw Station in partnership with West Angeles Community Development Corporation; and

2. ADOPTING the Expo/Crenshaw First/Last Mile Plan.

Issue
ISSUE

Metro, the County of Los Angeles (County) and WIP-A, LLC, a wholly-owned subsidiary of Watt Companies, Inc., a California corporation (Developer) are parties to an Exclusive Negotiation Agreement and Planning Document (ENA) regarding the development of a mixed-use project (Project) adjacent to the Expo/Crenshaw Station (See Attachment A - Site Map) which will be delivered and operated in partnership with West Angeles Community Development Corporation (WACDC). An extension of the ENA term, which is set to expire in April 2021, is necessary to allow the Developer sufficient time to secure Project financing, fully entitle and environmentally clear the Project with the City of Los Angeles (City) and finalize negotiations of the Joint Development Agreement (JDA) and Ground Lease (GL) terms, which terms shall be subject to Metro Board of Directors (Metro Board) and County Board of Supervisors (County Board) approval.

Additionally, staff have completed a First/Last Mile (FLM) Plan for the E Line (Expo) and Crenshaw/LAX Transit Project's Expo/Crenshaw Stations. The FLM Plan proposes streetscape and roadway improveme...