DOCSLIB.ORG

6400 VARIEL AVENUE Westfield Village

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
6400 VARIEL AVENUE Westfield Village FOR SALE/FOR LEASE | RARE WARNER CENTER INDUSTRIAL/FLEX PROPERTY IDEAL SINGLE OR MULTI-TENANT OWNER-USER, DEVELOPMENT, AND/OR INVESTMENT OFFERING MEMORANDUM VARIEL 6400 AVENUE Woodland Hills, CA 91367 SOUTHWEST FACING 6041 VARIEL AVENUE 263-Unit Mixed-Use 6036 VARIEL AVENUE Multifamily Development Proposed Mixed-Use Multifamily Development 6233 VARIEL AVENUE South Bay Partners Senior Housing Project Under Construction 6109 DE SOTO AVENUE Entitled 358-Unit Mixed-Use Multifamily Development Q EAST 241-Unit Mixed-Use Multifamily Development 6330 VARIEL AVENUE Proposed 395-Unit Mixed-Use VARIEL AVE Multifamily Development DEVELOPMENT PROJECTS ON VARIEL AVENUE NEW TENANTS ON VARIEL AVENUE WESTFIELD PROMENADE REDEVELOPMENT TABLE OF CONTENTS SECTION 1 Executive Summary ............................................. 11 Property Overview ............................................... 13 Sale Opportunity ...................................................14 PROMENADE Lease Opportunity .................................................15 Ideal Building for COVID-19 Environment.................16 Parcel Map ................................................................18 SECTION 2 Warner Center 2035 Plan ........................................ 21 Warner Center Districts ........................................... 22 SECTION 3 Warner Center Area Overview ...............................25 Warner Center Industrial/Flex Overview ................. 26 Local Tenants & Businesses ..................................28 Westfield Promenade ............................................. 30 6400 VARIEL AVENUE Westfield Village ..................................................... 31 Multifamily & Senior Housing Developments .......... 32 Transportation ..........................................................34 Demographics ......................................................... 35 EXCLUSIVE AGENT JEFFREY A. GOULD, CCIM, CPM, LEED AP Dir. +1 818 737 1088 | Mob. +1 805 390 0884 [email protected] CA BRE License No. 01437048 WEST FACING PROMENADE 6233 VARIEL AVENUE South Bay Partners Senior Housing Project Under Construction VARIEL AVE 6330 VARIEL AVENUE Proposed 395-Unit Mixed-Use Multifamily Development 6400 VARIEL AVENUE DEVELOPMENT PROJECTS ON VARIEL AVENUE NEW TENANTS ON VARIEL AVENUE WESTFIELD PROMENADE REDEVELOPMENT 4 | Lineage Asset Advisors TOPANGA ROCKETDYNE THE VILLAGE Proposed Master Planned Development 6400 CANOGA AVENUE Proposed Multifamily Development ORANGE LINE BUS STATION VICTORY BLVD 21200 VICTORY BLVD Future Mixed-Use Development 6400 Variel Avenue | Page 5 NORTHEAST FACING 6606 VARIEL AVENUE 271-Unit Multifamily Development ORANGE LINE VICTORY BLVD 21200 VICTORY BLVD Future Mixed-Use Development DEVELOPMENT PROJECTS ON VARIEL AVENUE NEW TENANTS ON VARIEL AVENUE WESTFIELD PROMENADE REDEVELOPMENT 6 | Lineage Asset Advisors ORANGE LINE BUS STATION 6400 VARIEL AVENUE VARIEL AVE 6330 VARIEL AVENUE Proposed 395-Unit Mixed-Use Multifamily Development 6400 Variel Avenue | Page 7 SOUTHEAST FACING 6400 VARIEL AVENUE 8 | Lineage Asset Advisors 6330 VARIEL AVENUE Proposed 395-Unit Mixed-Use Multifamily Development VARIEL AVE 6400 Variel Avenue | Page 9 SECTION 1 EXECUTIVE SUMMARY & HIGHLIGHTS 10 | Lineage Asset Advisors EXECUTIVE SUMMARY Lineage Asset Advisors, Inc. has been retained as the exclusive advisor for the sale or lease of 6400 Variel Avenue located in Woodland Hills (Warner Center), California. This rare and high quality ±28,903 square foot industrial/flex building includes ±23,325 square feet of ground floor industrial/office and ±5,578 square feet of mezzanine office or storage. 6400 Variel is situated on ±1.10 acres of land in the heart of the burgeoning Warner Center market where major mixed-use, retail, and multifamily redevelopment is occurring all around the subject property. This asset offers owner-users, investors, and/or developers a rare opportunity to acquire a property that is well positioned to capitalize on the current and future growth of the Warner Center market. The property was originally built as a multi- tenant industrial building with the flexibility to divide into at least three separate units. The building has ±22 foot ceilings and four ground- level roll-up doors and offers ±58 parking spaces (two spaces per 1,000 square feet). The property includes 800 amps/277-480 volts and 3-phased power and has HVAC throughout the entire building. PLEASE DO NOT DISTURB CURRENT TENANT. ALL TOURS MUST BE SCHEDULED THROUGH LINEAGE ASSET ADVISORS. Located within the College District of the Warner Center Specific Plan, 6400 Variel is surrounded by high density mixed-use multifamily projects that are taking the place of low-rise industrial and office buildings.The diminishing supply of low-rise industrial and office buildings in arnerW Center will only create more demand opportunities for tenants in this market and will likely drive rents higher for properties such as 6400 Variel. Further, the property is located within one block of the Orange Line Rapid bus station (located on De Soto and Victory) allowing future users and/ or tenants to benefit from the walkable public transit. Additionally, with the recent redevelopment of the Westfield Village retail mall and the future development of the Westfield Promenade and Rocketdyne sites, the amenities around this property will only continue to get better. 6400 Variel Avenue | Page 11 VARIEL AVE 12 | Lineage Asset Advisors PROPERTY OVERVIEW 6400 Variel Avenue ADDRESS Woodland Hills, CA 91367 APN 2149-003-017 ±28,903 SF and ±5,578 SF BUILDING SIZE of mezzanine YEAR BUILT 1979 Industrial/flex office with mezzanine office PROPERTY TYPE & storage TENANCY Single or multi-tenant CONSTRUCTION TYPE Tilt-up BUILDING HEIGHT ±25’ CEILING HEIGHT ±22’ ±58 surface spaces PARKING (Ratio:2.00/1,000 SF) POWER 800 Amp, 277-480V 3 Phase DRIVE-IN DOORS Four grade-level doors | 10’W x 14’H LAND SIZE ±47,916 SF | ±1.10 AC ZONING LAWC - Warner Center Specific Plan 6400 Variel Avenue | Page 13 SALE OPPORTUNITY INVESTMENT HIGHLIGHTS Rare high-quality Warner Center industrial owner-user, investment, and/or redevelopment property Approximately 28,903 SF industrial/office building on 1.10 acres of land Excellent building specifications including HVAC throughout, ground-level loading doors, and recently upgraded parking lot Ideal for owner-user corporate headquarters & perfect single-use post COVID building – light industrial, e-commerce, creative, entertainment, lab, and/or flex uses Situated in the College District of the Warner Center Specific Plan and next door to high density mixed-use redevelopment projects Nearly no remaining quality industrial properties in Warner Center due to redevelopment – high demand location Conveniently located one block from the Orange Line transit station and near major amenities including retail, hospitality, housing, and offices Historically low interest rates for traditional and SBA financing make this an ideal opportunity to acquire and hold long-term – inquire with exclusive agent about financing PRICING SUMMARY ASKING PRICE PRICE PSF (BUILDING) PRICE PSF (LAND) $8,950,000 $310 PSF $187 PSF 14 | Lineage Asset Advisors LEASE OPPORTUNITY LEASE HIGHLIGHTS Rare high-quality light industrial building with four loading docks, 22-foot ceilings, front office, and HVAC throughout Ideal for single-tenant light industrial flex users looking to locate into Warner Center and be in the heart of thousands of residential units and businesses Perfect building in a Post-COVID era for single-tenant use Easy access to the 101 freeway and Orange Line local transit for employees Increasing demand from uses like lab, bio-tech, entertainment, and R&D facilities in the area Walking distance to all local retail and hospitality amenities Owner would consider multi-tenant uses on a case-by-case basis LEASE SUMMARY ASKING LEASE RATE LEASE TYPE $1.40 PSF NNN OWNER’S FIRST PREFERENCE OWNER’S SECONDARY PREFERENCE Single-tenant to lease entire building Multi-tenant to lease individual units from 5,000 SF to 12,000 SF 6400 Variel Avenue | Page 15 IDEAL BUILDING FOR COVID-19 ENVIRONMENT SINGLE-TENANT BUILDING WITH MULTI-TENANT PERKS: USERS CAN CONTROL THEIR OWN ENVIRONMENT DIRECT AND SEPARATE ACCESS POINTS TO ALL UNITS – USEFUL FOR SEPARATING DEPARTMENTS DEDICATED ON-SITE PARKING NO COMMON AREA CORRIDORS Lobby Hallway 16 | Lineage Asset Advisors Office 1 Warehouse 1 Receiving 6400 Variel Avenue | Page 17 PARCEL MAP APN: 2149-003-017 18 | Lineage Asset Advisors 6400 Variel Avenue | Page 19 SECTION 2 WARNER CENTER ZONING & LAND USE *Source: Urbanize LA 20 | Lineage Asset Advisors WARNER CENTER 2035 PLAN The purpose of the Warner Center 2035 Plan The Warner Center 2035 Plan will create a vibrant and (“WC 2035 Plan”) is to create a vital mixed-use, vital TOO. As such, the success of this TOO depends transit-oriented district (TOO) for the Plan area upon several guiding principles to synergize economic and surrounding communities. The Plan’s strategic development over the life of the Plan. provisions are intended to achieve a future state for the Plan area in which Warner Center’s city streets are energized with the activity of many uses proximate to each other. Enhanced infrastructure KEY ELEMENTS OF THE PLAN is intended to provide residents easy access to a broad range of transit and “small, slow vehicle” options. Green, dynamic and eco-friendly streets are A growth strategy that encourages and required to be inviting and walkable with retail and incentivizes infill development and other Non-Residential
Load more

Recommended publications
  • Multifamily Investment Offering 82-Unit Boutique Community in the Noho Arts District
    MULTIFAMILY INVESTMENT OFFERING 82-UNIT BOUTIQUE COMMUNITY IN THE NOHO ARTS DISTRICT CAPITAL MARKETS | INSTITUTIONAL MULTIFAMILY GROUP | OFFERING MEMORANDUM EXCLUSIVE AGENTS MARC D. RENARD MANFRED W. SCHAUB MORGAN T. JACKSON CUSHMAN & WAKEFIELD 213.955.6413 213.955.5128 213.955.6452 OF CALIFORNIA, INC. (Lic. #00955076) (Lic. #001262271) (Lic. #01966658) 900 Wilshire Blvd., Suite 2400, [email protected] [email protected] [email protected] Los Angeles, CA 90017 (Lic. #616335) Confidentiality & Conditions This is a confidential Offering Memorandum intended solely for your limited Offering Memorandum or making an offer to purchase the Property unless use and benefit in determining whether you desire to express any further and until a written commitment to purchase the Property has been fully interest in the purchase of nVe, North Hollywood, California (“the Property”). executed, delivered and approved by Ownership and any conditions to Ownership’s obligations thereunder have been satisfied or waived. Except This Offering Memorandum was prepared by Cushman & Wakefield for representations and warranties expressly set forth in such definitive, of California, Inc. (“Cushman & Wakefield”) and has been reviewed by executed purchase and sale agreement, Ownership makes and will make no representatives of the owners of The Property (“the Ownership”). It contains representations and warranties regarding the Property and any prospective selected information pertaining to the Property and does not purport to be purchaser must
    [Show full text]
  • Los Angeles Orange Line
    Metro Orange Line BRT Project Evaluation OCTOBER 2011 FTA Report No. 0004 Federal Transit Administration PREPARED BY Jennifer Flynn, Research Associate Cheryl Thole, Research Associate Victoria Perk, Senior Research Associate Joseph Samus, Graduate Research Assistant Caleb Van Nostrand, Graduate Research Assistant National Bus Rapid Transit Institute Center for Urban Transportation Research University of South Florida CCOOVVEERR PPHHOTOOTO LLooss AAnnggeelleess CCoouunnttyy MMeettrrooppololiittanan TTransransppoorrttaattioionn AAuutthhoorriittyy DDIISCSCLLAAIIMMEERR TThhiis ds dooccuumemennt it is is inntteennddeed ad as a ts teecchhnniiccaal al assssiissttaanncce pe prroodduucctt. I. It it is dsiiss ssdeemmiinnaatteed udnn ddueer tr thhe sepp oosnnssoorrsshhiip opf tf tohhe Ue..SS U.. DDeeppaarrttmemennt ot of Tf Trraannssppoorrttaattiioon in in tn thhe ie inntteerreesst ot of if innffoorrmamattiioon enxxcc ehhaannggee. T. Thhe Uenn iittUeed Sdttaa Sttees Gsoo vvGeerrnnmemennt atss ssauumemes nso nlo liiaabbiilliittyy ffoor ir itts cs coonntteenntts os or ur usse te thheerreeooff. T. Thhe Ue Unniitteed Sd Sttaattees Gs Goovveerrnnmemennt dtoo eeds nsoo tn et ennddoorrsse perroo pdduucctts osf mfo aa nnmuuffaaccttuurreerrss. T. Trraadde oerr o mamannuuffaaccttuurreerrss’ n’ naamemes as appppeeaar her herreeiin sn soolleelly by beeccaauusse te thheey ayrre a ceoo nncssiiddeerreed edssss eeennttiiaal tl to tohh et oebb jjeeoccttiivve oef tf tohhiis rs reeppoorrtt.. Metro Orange Line BRT Project Evaluation OCTOBER 2011 FTA Report No. 0004 PREPARED BY Jennifer Flynn, Research Associate Cheryl Thole, Research Associate Victoria Perk, Senior Research Associate Joseph Samus, Graduate Research Assistant Caleb Van Nostrand, Graduate Research Assistant National Bus Rapid Transit Institute Center for Urban Transportation Research University of South Florida 4202 E. Fowler Avenue, CUT100 Tampa, FL 33620 SPONSORED BY Federal Transit Administration Office of Research, Demonstration and Innovation U.S.
    [Show full text]
  • January 2015
    metro.net Metro Orange Line Connections h s a W h s a a Hansen Dam n DEVONSHIRE ST DEVONSHIRE ST DEVONSHIRE ST 5 a W s u r S Chatsworth Station u a lb t i ARLETA AVG Metro Rapid Stop n 405 W W O a Chatsworth Station L S O D METROLINK GLENOAKS BL O E LAUREL CYN BL D Metro Rapid Line TOPANGA CYN BL CYN TOPANGA TOPANGA CYN BL CYN TOPANGA N M LASSEN ST LASSEN ST LASSEN ST A N S Metro Orange Line T SAN FERNANDO RD CHATSWORTH A A T Station VA V E TAMPA AV TAMPA Sepulveda Metro Orange Line CORBIN AV ZELZAH AV F WILBUR AV RESEDA BL RESEDA PLUMMER ST PLUMMER ST PLUMMER BL BALBOA ST PLUMMER ST ARLETA W DE SOTO AV DE SOTO WOODLEY AV WOODLEY Y WINNETKA AV SEPULVEDA BL SEPULVEDA Metro Rail Station VINCENNES ST TERRA BELLA ST Northridge East CanyonARLETA Channel AV SUN AMTRAK/METROLINK 27 Fashion CSUN NORTH HILLS VALLEY Metro Red Line Center NORTHRIDGE NORDHOFF ST AV DARBY NORDHOFF ST NORDHOFF ST OSBORNE ST Transfers SAN DIEGO FWY Nordhoff Station Metrolink h SHELDON ST NORDHOFF ST Northridge Station s a PANORAMA W Amtrak 5 Bull Creek BRANFORD ST PARTHENIA ST PARTHENIA ST PARTHENIA ST CITY Parking a 15-0989 ©2014 LACMTA m H WEST HILLS i o CHASE ST O DEC 2014 Subject to Change c L a L P ROSCOE BL Roscoe Station ROSCOE BL ROSCOE BL Y W TUXFORD ST O O Sun Valley Station METROLINK D Aliso Canyon Wash Aliso Canyon SAN FERNANDO RD STRATHERN ST STRATHERN ST F STRATHERN ST W Y DE SOTO AV DE SOTO Van Nuys Station Tujunga Wash FlyAway WHITSETT AV Bus Terminal NUYS BL VAN WHITE OAK AV WHITE OAK TAMPA AV TAMPA VARIEL AV VARIEL WOODLAKE AV WOODLAKE WOODLAKE AV
    [Show full text]
  • Metro Orange Line Weekday Peak Hours Only Metro Orange Line
    Monday through Friday Schedule Chatsworth - Warner Center Shuttle Effective Jun 29 2014 Metro Orange Line Weekday Peak Hours Only Metro Orange Line Eastbound (Approximate Times) Westbound (Approximate Times) Eastbound (Approximate Times) Westbound (Approximate Times) CHATSWORTH CANOGA PARK WARNER CENTER WARNER CENTER CANOGA PARK CHATSWORTH Chatsworth Station Canoga Station Warner Center Station Warner Center Station Canoga Station Chatsworth Station 5:35A 5:48A 5:53A 6:00A 6:05A 6:18A CHATSWORTH WARNER CENTER PARK CANOGA WINNETKA NUYS VAN NORTH HOLLYWOOD NORTH HOLLYWOOD GLEN VALLEY NUYS VAN TARZANA PARK CANOGA WARNER CENTER CHATSWORTH 6:05 6:18 6:23 6:30 6:35 6:48 6:29 6:42 6:47 6:48 6:53 7:06 6:54 7:07 7:12 7:13 7:18 7:31 7:12 7:25 7:30 7:31 7:36 7:49 7:44 7:57 8:02 8:03 8:08 8:21 7:56 8:09 8:14 8:16 8:21 8:34 A B 8:39 8:52 8:57 9:02 9:07 9:20 8:55 9:08 9:13 9:15 9:20 9:33 SHUTTLE TRIPS DO NOT OPERATE MIDDAY SHUTTLE TRIPS DO NOT OPERATE MIDDAY Chatsworth Station Warner Center Station Canoga Station College Pierce Station Balboa Station Nuys Van Station North Hollywood Station North Hollywood Station College Valley Station Sepulveda Station Reseda Station Canoga Station Warner Center Station Chatsworth Station 2:00P 2:14P 2:19P 2:25P 2:30P 2:43P ADDITIONAL PEAK HOUR TRIPS SHOWN IN CHATSWORTH TO WARNER CENTER ADDITIONAL PEAK HOUR TRIPS SHOWN IN CHATSWORTH TO WARNER CENTER 2:52 3:06 3:11 3:14 3:19 3:32 3:19 3:33 3:38 3:54 3:59 4:12 SHUTTLE SECTION OF THIS TIMETABLE SHUTTLE SECTION OF THIS TIMETABLE 3:42 3:56 4:01 4:06 4:11 4:24 — 3:41A 3:46A
    [Show full text]
  • 6400 VARIEL AVENUE Westfield Village
    FOR SALE/FOR LEASE | RARE WARNER CENTER INDUSTRIAL/FLEX PROPERTY IDEAL SINGLE OR MULTI-TENANT OWNER-USER, DEVELOPMENT, AND/OR INVESTMENT OFFERING MEMORANDUM VARIEL 6400 AVENUE Woodland Hills, CA 91367 SOUTHWEST FACING 6041 VARIEL AVENUE 263-Unit Mixed-Use 6036 VARIEL AVENUE Multifamily Development Proposed Mixed-Use Multifamily Development 6233 VARIEL AVENUE South Bay Partners Senior Housing Project Under Construction 6109 DE SOTO AVENUE Entitled 358-Unit Mixed-Use Multifamily Development Q EAST 241-Unit Mixed-Use Multifamily Development 6330 VARIEL AVENUE Proposed 395-Unit Mixed-Use VARIEL AVE Multifamily Development DEVELOPMENT PROJECTS ON VARIEL AVENUE NEW TENANTS ON VARIEL AVENUE WESTFIELD PROMENADE REDEVELOPMENT TABLE OF CONTENTS SECTION 1 Executive Summary ............................................. 11 Property Overview ............................................... 13 Sale Opportunity ...................................................14 PROMENADE Lease Opportunity .................................................15 Ideal Building for COVID-19 Environment.................16 Parcel Map ................................................................18 SECTION 2 Warner Center 2035 Plan ........................................ 21 Warner Center Districts ........................................... 22 SECTION 3 Warner Center Area Overview ...............................25 Warner Center Industrial/Flex Overview ................. 26 Local Tenants & Businesses ..................................28 Westfield Promenade ............................................
    [Show full text]
  • Artists Transform Metro Orange Line Into Work of Art
    September 29, 2005 Dave Sotero/Marc Littman Metro Media Relations 213.922.3007/213.922.2700 metro.net/press/pressroom [email protected] FOR IMMEDIATE RELEASE ARTISTS TRANSFORM METRO ORANGE LINE INTO WORK OF ART Opening October 29th, 2005 the Metro Orange Line will showcase artwork of 15 California artists The work of fifteen California artists is being incorporated into the new Metro Orange Line to enhance the journeys of future riders. One of the unique aspects of the Orange Line is that the artists’ brought a sense of both continuity and individuality to the stations. Artworks include terrazzo paving at platforms, colorful porcelain steel art panels at each station entry, sculpted seating, and various artist influenced landscaping elements. Thirteen of the fourteen stations will have incorporated artworks (Warner Center Station, which is on City of LA property, was not part of the art program). The artworks were commissioned by Metro Art, the public art program of the Los Angeles County Metropolitan Transportation Authority (Metro). “This work is a tribute to the Valley,” said Renée Petropoulos, who served as the lead artist on the project, “I envisioned artworks strewn across the Valley as jewels on a 14 mile necklace.” “The artists commissioned for the Metro Orange Line have created a unique sense of place for future transitway patrons and have made what we believe is a great contribution to our customers’ experience,” said Maya Emsden, who oversees the Metro Art program and is Metro’s Deputy Executive Officer of Creative Services. Renée Petropoulos Renée Petropoulos, grew up in the Valley and now lives and works in Venice, CA.
    [Show full text]
  • Metro Orange Line BRT Project Evaluation
    Metro Orange Line BRT Project Evaluation OCTOBER 2011 FTA Report No. 0004 Federal Transit Administration PREPARED BY Jennifer Flynn, Research Associate Cheryl Thole, Research Associate Victoria Perk, Senior Research Associate Joseph Samus, Graduate Research Assistant Caleb Van Nostrand, Graduate Research Assistant National Bus Rapid Transit Institute Center for Urban Transportation Research University of South Florida COVER PHOTO Los Angeles County Metropolitan Transportation Authority DISCLAIMER This document is intended as a technical assistance product. It is disseminated under the sponsorship of the U.S. Department of Transportation in the interest of information exchange. The United States Government assumes no liability for its contents or use thereof. The United States Government does not endorse products of manufacturers. Trade or manufacturers’ names appear herein solely because they are considered essential to the objective of this report. Metro Orange Line BRT Project Evaluation OCTOBER 2011 FTA Report No. 0004 PREPARED BY Jennifer Flynn, Research Associate Cheryl Thole, Research Associate Victoria Perk, Senior Research Associate Joseph Samus, Graduate Research Assistant Caleb Van Nostrand, Graduate Research Assistant National Bus Rapid Transit Institute Center for Urban Transportation Research University of South Florida 4202 E. Fowler Avenue, CUT100 Tampa, FL 33620 SPONSORED BY Federal Transit Administration Office of Research, Demonstration and Innovation U.S. Department of Transportation 1200 New Jersey Avenue, SE Washington,
    [Show full text]
  • North-South San Fernando Valley Corridor Study
    Purpose and Need 1.0 PURPOSE AND NEED 1.1 Introduction The San Fernando Valley North-South Transit Corridor Study is being undertaken by the Los Angeles County Metropolitan Transportation Authority (MTA) to assess the need for improvements in north-south transit service in the San Fernando Valley and to evaluate a wide range of alternative improvements. The study area covers the area illustrated in Figure 1-1, generally extending from Ventura Boulevard on the south to the City of San Fernando and Sylmar community on the north, and from Glenoaks Boulevard-Vineland Avenue on the east to Topanga Canyon Boulevard on the west. It includes only the portions of the San Fernando Valley within the Cities of Los Angeles and San Fernando. This study will follow the procedures for a Regionally Significant Transportation Investment Study (RSTIS), formerly known as a Major Investment Study (MIS), so that recommended improvements may be eligible for potential federal funds as well as state and local funds. The RSTIS process begins with the identification and detailed assessment of the need for a transportation improvement. It then evaluates a range of improvement alternatives that would satisfy mobility needs, complemented by a significant level of community participation in the evaluation process, and results in a recommendation for a locally preferred alternative (LPA). The RSTIS will evaluate future conditions in the year 2025 if nothing is implemented beyond planned improvements (the No Project Alternative). It will also evaluate lower-cost transportation systems management (TSM) improvements as well as physical improvements and transit service enhancements on one or more north-south corridors.
    [Show full text]
  • Orange Line Bus Rapid Transit Sustainable Corridor Implementation Plan June 29, 2012
    FINAL PLAN ORANGE LINE BUS RAPID TRANSIT SUSTAINABLE CORRIDOR IMPLEMENTATION PLAN JUNE 29, 2012 ORANGE LINE BUS RAPID TRANSIT SUSTAINABLE CORRIDOR IMPLEMENTATION PLAN Final Plan June 29, 2012 This is a project for the Los Angeles County Metropolitan Transportation Authority (Metro) with funding provided by the Southern California Association of Governments’ (SCAG) Compass Blueprint Program. Compass Blueprint assists Southern California cities and other organizations in evaluating planning options and stimulating development consistent with the region’s goals. Compass Blueprint tools support visioning efforts, infill analyses, economic and policy analyses, and marketing and communication programs. This report was prepared in fulfillment of Agreement No. 10-777: Sustainable Development Pilot Projects in the SCAG Region by SCAG under the partial sponsorship of the California Air Resources Board (ARB). Work was completed as of October 7, 2011. The contents of this report reflect the views of the author who is responsible for the facts and accuracy of the data presented herein. The contents do not necessarily reflect the official views or policies of SCAG, ARB or the State of California. This report does not constitute a standard, specification or regulation. SCAG shall not be responsible for the City’s future use or adaptation of the report. The preparation of this report was also financed in part through grants from the United States Department of Transportation (DOT) and additional financial assistance was provided by the California State
    [Show full text]
  • Climate Action and Adaptation Plan June 2012 Blank Page
    Climate Action and Adaptation Plan june 2012 blank page Table of Contents List of Abbreviations .................................................................................................................iii Executive Summary...................................................................................................................iv 1. Introduction to the Plan........................................................................................................1 1.1. Plan Objectives............................................................................................................. 1 1.2. How to Use this Plan .................................................................................................... 2 1.3. The Climate Action and Adaptation Plan in Context..................................................... 3 1.4. Organization of the Plan ............................................................................................... 6 2. Reducing Greenhouse Gas Emissions...............................................................................7 2.1. Greenhouse Gas Inventory and Forecast..................................................................... 7 2.2. Metro’s Impact on Regional Emissions....................................................................... 11 2.3. Reducing Emissions from Metro’s Operations............................................................ 13 3. Adapting to the Effects of Climate Change ......................................................................37 3.1.
    [Show full text]
  • • Institutional Quality Property • Immediate Rental Upside • Over $1
    61 UNIT EXCLUSIVE MULTIFAMILY OFFERING 8700 De Soto Avenue | Canoga Park, CA • Institutional Quality Property • Immediate Rental Upside MELINDA RUSSELL • Over $1M Spent on Improvements Including New Roof First Vice President Lic. 860306 • Superior Amenities: Tennis Court, Pool, Spa, Fitness • Close to Warner Center Employment & Shopping T 818 907 4704 F 818 243 6069 • Irreplaceable High Visibility Corner Parcel [email protected] 111 Universal Hollywood Dr. 27th Floor For Real-Time Property Information Visit: Universal City, CA 91608 www.parkplace-apt.com ALL PROPERTY TOURS ARE BY APPOINTMENT ONLY. PLEASE CONTACT LISTING BROKER FOR DETAILS. ta BLE OF CONTENTS INVESTMENT OVERVIEW SECTION ONE Investment Highlights Why Buy Property Summary & Capital Improvements Property Description & Amenities Floor Plans Propety Photos LOCATION OVERVIEW SECTION TWO Location Map Aerial Plat Map Location Description FINANCIAL ANALYSIS SECTION THREE Rent Roll Financial Pro Forma Notes to Income & Expenses Financing Structure MARKET OVERVIEW SECTION FOUR Comparable Sale Properties Comparable Rental Properties – Canoga Park Comparable Rental Properties – Warner Center A Properties APPENDIX SECTION FIVE Economic and Demographic Profile – WARNER CENTER Demographics Articles of Interest CONFIDENTIALITY AGREEMENT PARK Place Apartments 8700 De Soto Avenue | Canoga Park, CA This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the (“Property”). This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Owner or the Property, to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property.
    [Show full text]
  • News in Brief
    Local Couple Economic Give Help Alliance to Graduating Presents High School Forum on Seniors “Cannabiz” Temps Are Heating Up... How to Avoid Heatstroke See page 3 See Page 11 See Page 5 VolumeValley 34, Issue 16 A Compendious Vantage Source of Information June 14, 2018 News in Brief Warner Center Gears Up for Fireworks The Valley Cultural Center will present Councilman Bob Blumenfield’s Fireworks Extravaganza on July 4, presented by Keyes Motors. There will be a free concert and 15-minute fireworks display. The Star Spangled Banner will be sung by the Valley’s own Star Tomlinson. Over 20 restaurants will be on hand along with arts and craft vendors and local businesses. The show will be held at Warner Park at Topanga Fortunate Son Takes “Centerfield” Sunday and Califa Street from 6:30 to 9:30 pm. For more information Fortunate Son, the premier Clearwater tribute band. This Irish rock, who will open at 5:30 visit www.valleycultural.org. act celebrating the music of John show was recently singled out pm. Fogerty and Credence Clearwater by AXS-TV’s hit show “World’s Warner Park is lcoated at Woodland Hills Post Office Gets Revival, will take the stage in Greatest Tribute Bands.” Topanga Canyon Blvd. and Drive Thru-Drop Off...Finally! Warner Park this Sunday at 6 pm. Opening for Fortunate Son is Califa Street in Woodland Hills. Since 1994, Brad Ford the “Emerging Artist” group Xs For more information on Valley It’s certified! has starred as John Fogerty, & Arrows, a trio of native Los Cultural Center’s summer concert The Woodland Hills pioneering the ultimate Creedence Angelenos bound by a love of season visitvalleycultural.org.
    [Show full text]