Metro - File #: 2015-1356

• File #: 2015-1356
• Type: Project
• Status: Non-Calendar
• File created: 9/1/2015
• In control: Board of Directors - Regular Board Meeting
• On agenda: 12/3/2015
• Final action: 12/3/2015
• Title: ADOPTING the Development Guidelines (Attachment A) for the joint development of 15.6 acres of Metro-owned property at the North Hollywood Station.
• Sponsors: Planning and Development (Department)
• Indexes: Bicycling, Budgeting, Central Los Angeles subregion, City of Los Angeles, Construction, Guidelines, Joint development, Joint Development (Project), Joint Development Policy, Metro Busway G Line, Metro Orange Line, Metro Rail B Line, Metro Red Line, North Hollywood, North Hollywood Station, Outreach, Partnerships, Program, Project, Request For Proposal, Safety, San Fernando Valley subregion, South Bay Cities subregion, Transit Oriented Community, Urban design, Westside Cities subregion

Date	Action By	Action	Result
12/3/2015	Board of Directors - Regular Board Meeting
11/18/2015	Planning and Programming Committee

Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
NOVEMBER 18, 2015

Subject/Action
SUBJECT: NORTH HOLLYWOOD STATION JOINT DEVELOPMENT - DEVELOPMENT GUIDELINES

ACTION: ADOPT DEVELOPMENT GUIDELINES


Heading
RECOMMENDATION

Title
ADOPTING the Development Guidelines (Attachment A) for the joint development of 15.6 acres of Metro-owned property at the North Hollywood Station.

Issue
ISSUE

Metro owns, maintains and operates properties throughout Los Angeles County for its current and future transportation operations. As part of Metro's Joint Development Program, staff evaluates these properties for potential joint development and selects properties for beneficial transit-supportive development. The properties at the North Hollywood Station are ideal for joint development because of their size and location near a key commercial center and one of the busiest stations in the Metro system. This site is also part of the Transit Oriented Communities ("TOC") Demonstration Program.

In accordance with the Joint Development Policy, staff has conducted community outreach to solicit input for the creation of Development Guidelines ("Guidelines") for the North Hollywood properties. The Joint Development Policy also requires Board approval of the Guidelines. If adopted by the Board, the Guidelines will be included in the Request for Proposals ("RFP") for the site


Discussion
DISCUSSION

The North Hollywood properties were previously offered for joint development through an RFP released in 2007. A Developer was selected, however due to a change in market conditions, that proposal was never implemented. There has since been renewed interest and market capacity for a development at the North Hollywood properties. A Request for Interest and Qualifications (RFIQ) for development of the site was released to the development community in March 2015. A shortlist of developers was identified through this process, to receive an RFP after adoption of the...