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Union Station, Los Angeles

What: Advisory Services Panel – Union Station, Los Angeles
Where: City of Los Angeles, California
When: December 4-9, 2011
Who: Los Angeles County Metropolitan Transportation Authority (Metro)
Subject: Strategic Advice regarding Land Use, Infrastructure and Economic Development around Union Station including Chinatown, Olvera Street and El Pueblo de Los Angeles Historical Monument, Little Tokyo and the L. A. River

Union Station, LA

Recently purchased by Metro, Union Station is located adjacent to downtown Los Angeles, the region's civic center. As the regional transit hub, Union Station connects five bustling counties in Southern California via multiple rail and commuter lines, including Amtrak, Metro Rail (Red, Purple and Gold Lines), and Metrolink, as well as Metro and other transit buses, The transit operations result in approximately 100,000 people daily accessing the site. Los Angeles Union Station additionally encompasses a total of over 40 acres and is entitled for a remaining 5.9 million square feet of office, retail, entertainment, and residential development. Union Station is listed on the National Register of Historic Places. First opened in 1939, the station was restored in 1992.

Metro is undertaking a master planning process expected to begin in mid 2012. As part of the input into that process Metro has commissioned a ULI Advisory Services Panel to provide strategic advice to the City of Los Angeles about what land use and planning policies should be adopted, and what infrastructure investments the City should make in the area immediately surrounding Union Station. The goal is to Union Station Mapcapitalize on this major redevelopment and create better connectivity between Union Station and the greater downtown areas. More specific questions will consider: (1) what market opportunities will be created by the emergence of Union Station as the transit hub for Southern California, and, given these; (2) what land use changes the City should implement for the area influenced by Union Station; (3) how can the City better connect the area north of the 101 freeway to the Civic Center and Central City (and thus Union Station); (4) how can the City plan to have Union Station reinforce and complement activities in Chinatown, Olvera Street, Little Tokyo and along the LA River; and (5) how should the City prioritize area infrastructure improvements to take advantage of the redevelopment of Union Station.

An Urban Land Institute Advisory Services panel has been formed, consisting of experts in real estate development, preservation, urban planning, industrial regeneration, economic development and public policy. Charles Kendrick, Managing Director of Clarion Ventures LLC in Boston will chair the panel.
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Union Station, LA

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The ULI Advisory Panel consists of land use and real estate experts from within the membership of the Urban Land Institute. Prior to the panel dates, the panelists receive briefing materials summarizing the land use, economic, transportation, environmental and demographic profile of the city. ULI has been conducting Advisory Panels since 1947 providing sponsors with detailed strategic advice on difficult local land use issues where an “outside point of view” is an important step in realizing a vision. Panelists are some of the most senior and informed land use, real estate and policy professionals in the business and will include developers, planners, architects, economic development experts, land economists and market analysts.