Meeting_Body
PLANNING AND PROGRAMMING COMMITTEE
JANUARY 17, 2018
Subject
SUBJECT: CHAVEZ AND FICKETT JOINT DEVELOPMENT
Action
ACTION: AUTHORIZE EXECUTION OF AN EXCLUSIVE NEGOTIATION AGREEMENT AND PLANNING DOCUMENT
Heading
RECOMMENDATION
Title
AUTHORIZE the Chief Executive Officer to negotiate and execute an 18-month Exclusive Negotiation Agreement and Planning Document ("ENA") with Abode Communities ("Abode") for the development of 1.56 acres of Metro-owned property at Cesar E. Chavez Avenue and Fickett Street ("Site") in the Boyle Heights community of Los Angeles, subject to resolution of protests, if any.
Issue
ISSUE
In March 2017, Metro released a Request for Proposals for joint development of the Site (See Attachment A - Site Map.) On June 29, 2017, Metro received five proposals, and following evaluation of these proposals by the Proposal Evaluation Team, staff recommends entering into the ENA with Abode, the highest scoring firm (Attachment B, Procurement Summary, details the proposal evaluations.) During the ENA period, Abode will work with Metro staff to engage with the community regarding the project, further refine the development scope and design, seek entitlements and California Environmental Quality Act clearance for the project, negotiate the key terms and conditions of a Joint Development Agreement and a Ground Lease for the project (the "Term Sheet"), and ultimately seek Metro Board Authority to execute the Joint Development Agreement.
Discussion
DISCUSSION
Background
As part of the construction of the then-proposed Red Line Eastside Extension, numerous parcels were acquired by Metro to build stations and do construction staging along Cesar E. Chavez Avenue, including the properties at the Site. When the Red Line extension was re-scoped and realigned to 1st Street to be part of the Gold Line Eastside Extension, the Site was used for construction staging of the rail project. These uses ceased in 2010 and staff began working w...
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