POSTPONED: Developer Recommendation to Metro Board
Metro is postponing Board consideration of a entering into an Exclusive Negotiation Agreement and Planning Document with a developer for joint development of the Little Tokyo/Arts District Station. Staff will send another update this page once this item is rescheduled for Board consideration. The Board Report is available here . Additional Metro Board meeting information can be found here. You can also e sign up for the Joint Development mailing list to receive updates.
After thorough evaluation of the four short-listed joint development proposals, staff
intends to recommend entering into an Exclusive Negotiation Agreement and Planning Document (ENA) with Innovative Housing Opportunities, the highest-scoring firm. The ENA period requires the developer to seek community feedback, refine the project design, and partner with a local community-based organization. If the ENA is approved, the proposed developer will conduct stakeholder outreach beginning in mid-2020. Sign up for the Joint Development email list to receive future Little Tokyo/Arts District Station project updates.
We would like to remind you how our community-driven process has led us to where we are today:
- Early 2018 : Metro created an Opportunity Overview which analyzed development feasibility and captured community priorities for the Metro-owned Regional Connector Little/Tokyo Arts District Station Site .
- August 2018 : Metro released a Request for Interest/Qualification (RFI/Q) for joint development of the Site.
- June 2019 : After evaluating the 8 proposals received, Metro invited the four top-scoring developers to respond to a Request for Proposals (RFP).
- October 2019: Metro hosted an Open House to provide an opportunity for attendees to meet the four development teams, learn about their proposals , ask questions, and provide feedback.