Metro tonight will become the new owner of Union Station, 38 acres of land around the station and the development rights associated with that land in the $75-million deal. The next step will be developing a master plan for the station.
Here’s the details:
Metro will this evening assume possession of Union Station and its operation.
Metro’s $75 million real estate purchase from ProLogis Logistics Services Incorporated closes today, marking a new milestone in the station’s 72-year history and paving the way for future improvements to bring Southern California’s largest public transportation hub into the 21st century.
Metro Board Chair and L.A. County Supervisor Don Knabe heralded the deal when the board initially authorized the agency to negotiate the purchase in late February, saying “As Southern California’s largest public transportation hub, Los Angeles Union Station is absolutely critical to the current and future mobility of our region. Our purchase of this historic station will enable us to make the needed investments to enable this facility to accommodate greater increases in transit ridership resulting from Measure R transit projects and anticipated future arrival of high speed rail. We now have the ability to retain the historic nature of Union Station and prepare it to serve as a world-class 21st century transportation hub.”
Metro’s Economic Development Department, led by Roger Moliere, has been negotiating final terms of the purchase agreement with the seller over the last eight months. The purchase turns over more than 38 acres of land and nearly six million square-feet of entitlements to Metro for future development.With the continued expansion of transit lines made possible by Measure R and anticipated arrival of high speed rail, Metro has a big job on its hands in planning future improvements.
Last month, the Metro Board asked staff to develop a Master Plan for the station which takes a comprehensive look at integrating all current and planned transportation services, including pedestrian and bicycle access, at Union Station and neighboring areas.
A board motion by directors Antonio Villaraigosa, Gloria Molina and Richard Katz requested that Metro planning staff create an oversight committee that would meet at least quarterly to oversee development of the master plan. Members would also include Metrolink, Amtrak, California High Speed Rail Authority, City and County of Los Angeles and Caltrans.
Metro will initiate a design competition among leading real estate, planning, and architectural institutions to create conceptual designs for a “world class” inter-modal Union Station.
Martha Welborne, Metro’s Executive Director of Countywide Planning, noted that the land use entitlements for the Union Station property are nearly double those of the Grand Avenue Project, a $3 billion project to revive downtown L.A, which was her previous planning post. Welborne also stated that part of the challenge will be introducing 21st century transportation technology alongside the historically-protected and venerated 1939 Union Station building. “We need a visionary plan that will also be respectful of both the historic structure and of surrounding communities,” Welborne says.
To prepare for such a large-scale project, Metro has hired Cal Hollis, now chief operating officer for the Community Redevelopment Agency of the City of Los Angeles, to spearhead the Union Station Master Plan.
As COO of the CRA/LA, Hollis comes with considerable real estate and economic development experience for both public agencies and private firms. Hollis has overseen seven regions including 31 active redevelopment projects within the City of L.A.
He is expected to provide the heavy-duty financial analysis that will be needed to build a project with considerable financial underpinnings. That experience will be particularly useful when managing the large number of entitlement rights that come with the Union Station deal, Metro planners say.
Hollis’ challenge will be in looking at all modes of mobility, from pedestrians to high speed rail, Welborne said, and evaluating how the plan would affect connections to neighboring areas such as El Pueblo, Chinatown and Little Tokyo.
Hollis is expected to start in early May, and will be busy over the next two months preparing to come back in June with a roadmap for how to move forward. The roadmap will include details for an implementation plan, project schedule and funding needed to conduct the design competition and master plan.