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Exclusive Negotiation Agreement with Developer Executed

In May 2017, the Metro Board authorized an Exclusive Negotiation Agreement with Trammell Crow Company (TCLA) and Greenland USA to pursue joint development of Metro’s property at the North Hollywood station. Over the course of preliminary negotiations, one developer partner, Greenland USA, determined that they were no longer able to participate in the development partnership and assigned their rights to Trammell Crow Company. Over the next year, Metro will be working closely with Trammell Crow Company to shape the joint development of Metro’s property at the North Hollywood Station, and community outreach will be an ongoing part of the process. Environmental clearance and entitlement work is expected to start at the end of 2018.

Project History

June 2017

Metro entered into an Exclusive Negotiation and Planning Agreement (ENA) with developer team Trammell Crow Company/Greenland. Greenland withdrew participation in joint development. Metro continued on with Trammell Crow Company.

July 2016 - May 2017

Developer team shaped project to meet needs identified in the Guide for Development and accommodate transit infrastructure.

June 2016

Metro entered into a Short Term ENA with developer team Trammell Crow Company/Greenland

April 2016

Metro received one proposal submitted jointly by short-listed developers Trammell Crow Company and Greenland USA.

December 2015

Metro released a Request for Proposals (RFP), which included the Guide for Development.

November 2015

Metro developed a Guide for Development for the North Hollywood site based on community input. Metro Board adopted the Guide at its December meeting.

Fall 2015

Metro Joint Development team undertook a community outreach process that included meetings with local stakeholders, residents, business property owners, community organizations, and public agencies as well as two public workshops.

March 2015

Metro released a Request for Interests and Qualifications (RFIQ) to create a short list of developers for the North Hollywood site.

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