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metro.net/projects/joint_dev_pgm
Metro’s Joint Development sites are a gateway to the Metro transit system and hold unique potential to advance community development goals while attracting new riders to the Metro system.
Joint Development is the real estate development program through which Metro collaborates with qualified developers to build transit-oriented developments on Metro-owned properties.
Joint Development (JD) efforts reduce auto use and increase transit ridership by directly linking Metro’s transportation network with retail, commercial, and housing opportunities. JD projects also provide Metro with revenue based on the value of Metro’s property. These amounts, in turn, are reinvested in eligible transportation projects throughout Los Angeles County.
Joint Development Program
Metro Joint Development Program
Under Construction
1st/Boyle Taylor Yard Lots 5a
In Negotiations
Westlake/MacArthur Park (Phase B)
1st/Soto 1st/Lorena Cesar Chavez/Soto Taylor Yard Lots 2,5b
Completed
Hollywood/Highland Hollywood/Vine Apts Hollywood/Vine Hotel & Condos Hollywood/Western Wilshire/Western Wilshire/Vermont Apts Wilshire/Vermont School Westlake/MacArthur Park (Phase A) Willow Grand Central Market One Santa Fe Union Station (Metro HQ) Taylor Yard Lots 1,3, 4 Fillmore Del Mar Sierra Madre Villa (Phase I)
Opportunity Sites
Canoga Park/Ride Sepulveda Park/Ride Van Nuys North Hollywood Vermont/Santa Monica Vermont/Beverly Aviation/LAX Artesia 103rd St/Watts Towers Mariachi Plaza Cesar Chavez/Fickett Temple/Beaudry Sierra Madre Villa (Phase II) El Monte Expo/Crenshaw 1st/Central Fairview Heights
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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 Joint Development Program
Creating Transit Oriented Communities
Joint Development Process
Initial Community Outreach
Developer Solicitation / Selection
1 2 Project Refinement, JD Agreement, Negotiations
3 Permitting and Construction
4
6 - 8 months 6 - 8 months 18 - 30 months 18 - 24 months
Transit Oriented Communities (TOC) are compact, walkable and bikeable places in a community context. Supporting TOCs means stretching the impact of an individual TOD to achieve broader community development goals and increase transit ridership.
> 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
New Joint Development Policies
In July 2015, the Metro Board of Directors adopted the updated JD Policies and Process. 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
Joint Development Portfolio: Examples
35% Portfolio-Wide GoalMetro 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%.
> 375 apartments / 78 affordable> 305-room W Hotel> 143 W condominiums> 59,000 square feet of ground
floor retail> New bus layover facility
> 438 apartments / 88 affordable> 79,000 square feet retail of
retail and commercial space, including Metro Operations
> 80 affordable apartments> 4,000 square feet of ground
floor retail
Facts at a Glance (as of April 2016)
18 completed
2 under construction
6 in negotiations
17 opportunity sites
Hollywood / Vine One Santa Fe 1st / Boyle
completed 2009 completed 2014 under construction
line
development
line
development
line
development
> 2017 housing units • 329 ownership units • 1688 rental units, of which 622
(36%) are affordable
> 305 hotel rooms
> 820,000 square feet of retail
> 650,000 square feet of office (Metro Headquarters)
> 370 housing units • 54 for sale • 316 rental units, of which all
(100%) are affordable
> about 51,690 square feet of commercial, most are part of housing developments
Project Status Completed In Negotiations
One Santa Fe
Hollywood/Vine
Wilshire/Vermont
Del Mar
Metro Joint Development Program
line Metro Gold Line
site 3.56 acres on two separate parcels
development> 347 apartments/21 a=ordable> 11,000 square feet of
ground ?oor retail> A public plaza and paseos
directly connecting the Gold Line station to the development, bus service and the surrounding community
> Refurbished historic train depot used as a restaurant
> 600 transit parking spaces
completed 2007
line Metro Red Line Rail Yard
site 4.03 acres of Metro-owned property in Downtown Los Angeles Arts District
development> 438 apartments • 350 market-priced units (80%) • 88 affordable units (20%) > 79,000 square feet of retail and
commercial space • Metro Operations is 35,000
square feet anchor tenant
completed 2014
line Metro Red & Purple Lines
Apartments site 3.24 acres
development> 449 apartments/
90 a=ordable> 36,000 square feet of
ground ?oor retail> Improved public plazas
directly connecting a new subway portal to the development, bus service and the surrounding community
> 11-bay bus layover facility on adjacent 1.02-acre parcel
completed 2007
line Metro Red Line
Apartments site 2.35 acres
development> 375 apartments/
78 a=ordable> 28,000 square feet of
ground floor retail> New bus layover facility
School site 2.5 acres
development
> 800-student LAUSD middle school
completed 2008
Hotel & Condos site 2.30 acres
development
> 305-room W Hotel> 143 W Condominiums> 31,000 square feet of
ground floor retail > Improved public plaza
and second subway elevator> New subway portal canopy,
bus layover facility and bike room
completed 2009
completed
completed completed
completed
Metro Red Line Metro Gold LineMetro Red Line Rail Yard
Contact us! jointdevelopment@metro.net metro.net/projects/joint_dev_pgm
> Metro brings relationships with jurisdictions, grant makers, community leaders and other public agencies that can support the streamlined delivery of development projects and achievement of broader community development goals
> Before beginning any TOD effort, Metro engages in a comprehensive outreach campaign with community stakeholders to develop a set of development guidelines