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PACIFIC OCEAN
LONG BEACH
EL MONTE
PASADENA
WHITTIER
NORWALK
BURBANK
SANTAMONICA
WARNER CENTER
REDONDOBEACH
SOUTHGATE
CARSON
RANCHOPALOS VERDES
LAX
UCLA
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VENTURA BL
SAN FERNANDO BL
FLORENCE
WILSHIRE
SANTA MONICA BL
WESTERN
VERMO
NT
BROA
DW
AY
AVA
LON
BL
LON
G BEA
CH BL
WILM
ING
TON
AV
SEPULVEDA
PICO
WILSHIRE
SUNSET
TORRANCE BL
AGE
NEI
C AL
WHITTIER BL
MANCHESTER
CENTURY
IMPERIAL
ROSECRANS
ARTESIA BL
WILLOW
SLAUSON
MARTIN LUTHER KING JR BL
SEPULVED
A
BALBO
A
VAN
NU
YS BL
LAU
REL CYN BL
RESEDA
BL
CAN
OG
A A
V
TAM
PA A
V
WIN
NETKA
AV
DE SO
TO
VICTORY
CHANDLER
COLORADO BL
CESAR E CHAVEZ BL
CIT
NAL
TA
CRENSH
AW
BL
HA
WTH
ORN
E BL
ALA
MED
A
110
60
91
47
90
2101
210
5
405
10
5
710
105
605
405
110
10
170
118
134
101
Completed
Metro Railand Stations
Crenshaw/LAX Line
Future Sites
Active
Metro Buswayand Stations
Metro Expo LinePhase 2
Metro Purple Line
Regional Connector
Metrolink�
Joint Developments
Existing Service
Under Construction
Completed
Metro Ra il and Stations
Crenshaw/LAX Line
In Negotiations
Opportunity Sites
Under Construction
Metro Buswayand Stations
Metro Expo LinePhase 2
Metro Purple LineExtension
Regional Connector
Metrolink�
1111
Joint Developments
Existing Se r vice
Under Construction
Completed Projects (15) Active Projects (11)* Future Sites (5)*
Hollywood/Highland
Hollywood/VineHollywood/Western
Wilshire/Western
Wilshire/Vermont Apts
and School
Westlake/MacArthur Park (Phase A)
Grand Central Market
One Santa Fe1st/Boyle
Union Station (Metro HQ)
Taylor Yard Lots 1, 3, 4
Taylor Yard Lots 2a, 2b, 5a, 5bNorth Hollywood1st/Soto1st/LorenaCesar Chavez/Soto
Union Station
Vermont/Santa MonicaMariachi Plaza
Cesar Chavez/Fickett
El Monte
Expo/Crenshaw
Little Tokyo/Arts District
Wilshire/Crenshaw
Division 6
Wilshire/La Brea
Sepulveda Park & Ride
Metro Joint Development Program
Del Mar
Fillmore
Sierra Madre Villa
Willow
Foothill ExtensionGold Line
Sites Metro currently has in construction; is in negotiations with a developer; is conducting community engagement to inform Development Guidelines; or has an active Request for Proposals (RFP) out.
Sites Metro expects to release a RFP for in the next 1-3 years.
*
*
PACIFIC OCEAN
LONG BEACH
EL MONTE
PASADENA
WHITTIER
NORWALK
BURBANK
SANTAMONICA
WARNER CENTER
REDONDOBEACH
SOUTHGATE
CARSON
RANCHOPALOS VERDES
LAX
UCLA
■
■
■
■
■
■
■
■■
■
■
■
■
■
■
VENTURA BL
SAN FERNANDO BL
FLORENCE
WILSHIRE
SANTA MONICA BL
WESTER
N
VERM
ON
T
BR
OA
DW
AY
AVA
LON
BL
LON
G B
EAC
H B
L
WILM
ING
TON
AV
SEPULVEDA
PICO
WILSHIRE
SUNSET
TORRANCE BL
LA C
IENEG
A
WHITTIER BL
MANCHESTER
CENTURY
IMPERIAL
ROSECRANS
ARTESIA BL
WILLOW
SLAUSON
MARTIN LUTHER KING JR BL
SEPU
LVEDA
BA
LBO
A
VAN
NU
YS BL
LAU
REL C
YN B
L
RESED
A B
L
CA
NO
GA
AV
TAM
PA
AV
WIN
NETK
A A
V
DE SO
TO
VICTORY
CHANDLER
COLORADO BL
CESAR E CHAVEZ BL
ATLA
NTIC
CR
ENSH
AW
BL
HA
WTH
OR
NE B
L
ALA
MED
A
110
60
91
47
90
2101
210
5
405
10
5
710
105
605
405
110
10
170
118
134
101
Completed
Metro Rail and Stations
Metro Orange LineExtension
Metro Expo LinePhase 2
In Negotiations
Opportunity Sites
Under Construction
Metro Busway and Stations
Metrolink■
1111
Joint Developments
Existing Service
Under Construction
Completed
Metro Rail and Stations
Crenshaw/LAX Line
In Negotiations
Opportunity Sites
Under Construction
Metro Buswayand Stations
Metro Expo LinePhase 2
Metro Purple LineExtension Phase 1
Regional Connector
Metrolink■
1111
Joint Developments
Existing Service
Under Construction
Completed
Metro Rail and Stations
Metro Orange LineExtension
Metro Expo LinePhase 2
In Negotiations
Opportunity Sites
Under Construction
Metro Busway and Stations
Metrolink■
1111
Joint Developments
Existing Service
Under Construction
Completed
Metro Rail and Stations
Crenshaw/LAX Line
In Negotiations
Opportunity Sites
Under Construction
Metro Buswayand Stations
Metro Expo LinePhase 2
Metro Purple LineExtension Phase 1
Regional Connector
Metrolink■
1111
Joint Developments
Existing Service
Under Construction
Metro’s Joint Development sites are a gateway to the Metro transit system and are some of the most valuable properties in LA County.
Joint Development (JD) is the real estate development program through which Metro collaborates with qualified developers to build transit-oriented developments on Metro-owned properties.
Joint Development Program
metro.net/jointdevelopment
17-1
261j
p ©
2016
lac
mta
Completed (13) Under Construction (2) In Negotiations (8) Selected Opportunities (11)*
Hollywood/HighlandHollywood/VineHollywood/WesternWilshire/WesternWilshire/Vermont Apts and School Westlake/MacArthur Park (Phase A)Grand Central MarketOne Santa Fe1st/BoyleUnion Station (Metro HQ)Taylor Yard Lots 1, 3, 4
Taylor Yard Lots 2a, 5a North HollywoodWestlake/MacArthur Park (Phase B)1st/Soto1st/LorenaCesar Chavez/SotoTaylor Yard Lots 2b, 5bWest Hollywood (Division 7)
Sepulveda Park/Ride Vermont/Santa Monica
Mariachi PlazaCesar Chavez/FickettEl Monte Expo/Crenshaw1st/CentralFairview HeightsDivision 6Wilshire/La BreaUniversal City
Metro Joint Development Program
*Selected opportunities represent sites for which Metro expects to release RFPs within the next three years.
Why Transit-Oriented Communities?
> 80 affordable apartments (under construction)> 4,000 ft2 of ground floor retail
> 438 apartments> 88 affordable
> 79,000 ft2 of retail and commercial space, including Metro Operations
> 375 apartments> 78 affordable> 305-room W Hotel
> 143 W condominiums> 59,000 ft2 of ground floor retail> New bus layover facility
> Nationwide, transit-oriented developments (TODs) consistently outperform their non-TOD counterparts in terms of price premiums and long-term returns.
> Metro takes the idea of TOD one step further and is committed to supporting creation of Transit Oriented Communities (TOCs). TOCs look beyond the individual project and seek to have impact on the broader corridor, creating compact, bikeable and walkable projects in a holistic community context.
> Metro is currently undergoing the largest transit expansion in the country with the power to activate a network of sites; as more destinations come on line, that power increases exponentially.
In July 2015, the Metro Board of Directors adopted an updated JD Policy. This document clarifies the JD process and emphasizes the importance of collaboration with municipal partners and community members. It also includes new policies to encourage development of much-needed affordable housing in LA County:
> 35% Portfolio-Wide Goal
> Proportional Land Discounting
Affordable Housing Policies
Joint Development Process
Contact Us
Facts at a Glance Portfolio
initial community outreach
developer solicitation& selection
project refinement, jd agreement, negotiations
permitting & construction
6 – 8 months 6 – 8 months 18 – 30 months 18 – 24 months
> Metro brings relationships with jurisdictions, grant makers, community leaders and other public agencies that can support the streamlined delivery of development projects and support creation of TOCs.
> Before beginning any joint development effort, Metro engages in a comprehensive outreach campaign to engage stakeholders in the creation of development guidelines. These guidelines generate the stakeholder buy-in needed to get a project off the ground.
> Metro projects contribute to a strong sense of place and identity in the communities they serve; these projects become their own landmarks in LA and add to your portfolio.
35% Portfolio-Wide Goal
Metro established a goal that 35% of total housing units in the JD portfolio be affordable to households earning 60% of area median income (AMI) or below.
Proportional Land Discounting
Metro may discount JD ground leases below the fair market value to accommodate affordable housing with an income target of 60% AMI or below. The discount is based on the development’s percentage of affordable units with a maximum discount of 30%.
hollywood/vine
1st/boyle
one santa fe
metro gold line
metro red/purple line rail yard
metro red line
Completed
> 2138 housing units> 370 ownership units> 1768 rental units, of which 702
(40%) are affordable> 305 hotel rooms> 824,000 square feet of retail> 650,000 square feet of office
(Metro Headquarters)
In Construction
> 162 rental housing units, of which all (100%) are affordable
> 54 for-sale units (market rate)
In Negotiations
> 1751 rental housing units, of which 589 (34%) are affordable
> 380,000 square feet of office> 175,000 square feet of retail
metro.net/jointdevelopment