Request for Developer Qualifications SANTA BARBARA PLAZA 8.3 Acre Commercial/Retail Opportunity Site June 25, 2010 Pre-submittal Conference: July 14, 2010 RFQ Submittal Due Date: August 4, 2010 Santa Barbara Plaza RFQ No. NP-12947 1. EXECUTIVE SUMMARY 1.1 Development Opportunity The CRA/LA is seeking statements of qualifications for the development of the 8.3 acre Santa Barbara Plaza Commercial/Retail Development Opportunity Site (“Site”). The CRA/LA is seeking a Developer to analyze the potential for the development of a commercial/retail project on the Site. Residential uses will not be considered as a part of the Site’s development. 1.2 Area Context The Site is located within the larger 21.7 acre Santa Barbara Plaza shopping center/area (commonly referred to as Marlton Square), which includes properties that are currently owned by the CRA/LA, Marlton Square Acquisition, LLC (former Marlton Square Developer), and some parcels which are privately owned with businesses that are currently in operation. In addition, the larger area includes properties that contain the Santa Barbara Plaza’s centralized common parking area. The Santa Barbara Plaza center/area is bordered by Martin Luther King, Jr. Boulevard to the north, Santa Rosalia Drive to the south, Marlton Avenue to the east and Buckingham Road to the west. Directly to the east within walking distance is the Baldwin Hills Crenshaw Plaza shopping center with approximately 900,000 square feet of retail stores, including Sears, Macy’s and Wal-Mart, numerous retail and specialty shops, mall-oriented retail kiosks, an interior food court, the Magic Johnson theater complex, and an Albertson’s grocery market. To the north of Santa Barbara Plaza is a predominately single-family residential neighborhood and to the immediate west and south are predominately multiple family residences. 1.3 Site Location Within the larger 21.7 acre Santa Barbara Plaza shopping center/area, is the 8.3 acre Site, which consists of eight (8) separate properties. The Site is located at the southwest corner of Martin Luther King, Jr. Boulevard and Marlton Avenue and includes 7 contiguous properties facing King Boulevard, in addition to another contiguous property on Marlton Avenue. Two additional contiguous properties which contain common parking areas are also included in the Site. Please see Exhibit G & H for reference. 1.4 Site Size The Site is approximately 8.3 acres and consists of eight (8) separate properties (3.75 acres), in addition to part of the adjacent common parking area which include two (2) properties (4.54 acres). 1.5 Site Status Of the Site’s eight (8) individual properties and two (2) parking area properties, five (5) properties are owned by CRA/LA, located at 3800 Martin Luther King, Jr. Boulevard (MLK), 3760-72 MLK, 3750 MLK, 3700 MLK & 4013 Marlton Ave., and 4023 Marlton - 1 - Santa Barbara Plaza RFQ No. NP-12947 Ave. The remaining three (3) properties are privately owned and located at 3742 MLK, 3724-32 MLK, and 3710-18 MLK. CRA/LA does have a purchase option on one of these privately owned properties. Three (3) of the CRA/LA owned properties front Martin Luther King, Jr. Boulevard, a fourth (4) property is on the corner of Martin Luther King, Jr. Boulevard and Marlton Avenue, and the fifth (5) property is located on Marlton Avenue, adjacent to the corner property. Please refer to Exhibit I, 8.3 Acre Opportunity Site – Ownership Table. It is desired that all eight (8) commercial/retail area properties become part of the Project on the Site. Therefore, for the purpose of this RFQ, respondents should anticipate that the combination of these eight (8) properties, as well as the two (2) adjacent parking properties, will be defined as the Site. However, it must also be anticipated that the three (3) privately owned properties (or a combination thereof) may remain in separate ownership and separate from the Project. The CRA/LA does not currently have any eminent domain powers with regard to Santa Barbara Plaza properties. 1.6 Development Team To be considered qualified, a development team should have members with successful experience in the following: a. Development, ownership, and management of retail properties; b. Public/Private partnerships experienced in commercial developments; c. Real estate acquisition; and d. Development of mixed use urban infill projects. Inclusion of Entities on More Than One Development Team: Entities are permitted to be included on more than one development team submitting Statements of Qualifications under this RFQ. 1.7 Non-Mandatory Pre-Submittal Conference A non-mandatory pre-submittal conference to discuss the RFQ is scheduled on July 14, 2010, at 10:00 A.M. located at CRA/LA’s Central Office, 354 South Spring Street, 6th Floor, CRA/LA Board Room, Los Angeles, CA 90013. CRA/LA will not validate any parking tickets for the conference. All date/time/changes to this meeting will be posted on the CRA/LA website at www.cra.la.org. and the Los Angeles Business Area Virtual Network at www.labavn.org All interested parties are highly encouraged to attend this meeting. Please RSVP to attend this meeting by contacting Ms. Donna Yep, Contract Office at [email protected] 1.8 Schedule Issuance of RFQ June 28, 2010 Pre-submittal Conference July 14, 2010 Questions/Inquiries Due Date July 21, 2010 RFQ Due Date August 4, 2010 - 2 - Santa Barbara Plaza RFQ No. NP-12947 1.9 General Requirements Prior to award of any contracts, the selected developer(s) must comply with the insurance requirements, and as applicable, the CRA/LA’s Living Wage (LWP), Equal Benefits (EBP), Service Contractor Retention (SCRP), and Contractor’s Responsibility (CRP) Policies, and other CRA/LA, City, and/or Federal Terms and Conditions, as applicable. The CRA/LA’s Policies for LWP, EBP, SCRP, and CRP are also available on the CRA/LA’s website at www.crala.org. 1.10 Deadline Date To Submit Statements of Qualifications The postmark deadline for submitting your response to this RFQ is not later than 2:00 P.M. (Pacific Standard Time) on August 4, 2010. All Statements of Qualifications shall be marked "Statement of Qualifications (SOQs) for the SANTA BARBARA PLAZA 8.3 ACRE COMMERCIAL/RETAIL OPPORTUNITY SITE (RFQ NO. NP-12947)" and shall be submitted in an Original (unbound and marked as "Original") and twelve bound copies (total of thirteen sets), plus one (1) complete copy of your SOQ on a CD (PDF format), to: The Community Redevelopment Agency of the City of Los Angeles Attn: Records Department – RFQ No. NP-12947 354 South Spring Street, Suite 500 Los Angeles, CA 90013 1.11 Registration: If your firm is interested in being placed on the List of Registered Firms for this RFQ, please FAX (213) 626-0090 or submit your request via E-MAIL to Ms. Donna Yep, Contracts Officer, at [email protected] . Include: Name of the RFQ (RFQ No. NP-12947 Santa Barbara Plaza), Company Name, Address, Phone Number, Fax Number, and Email Address. Development Teams are welcome to submit more than one contact from their team to be included in email notifications regarding this RFQ. The RFQ, related attachments and any addenda will be available for download directly from the CRA/LA website at www.crala.org and the Los Angeles Business Area Virtual Network at www.labavn.org. Prospective Development Teams are solely responsible for checking the website(s) for any updates and /or additional information. 2. SANTA BARBARA PLAZA COMMERCIAL/RETAIL OPPORTUNITY SITE 2.1 THE OPPORTUNITY The Community Redevelopment Agency of the City of Los Angeles (CRA/LA) is soliciting “Statements of Qualifications” (SOQ) from interested and qualified development teams with relevant and successful development experience, - 3 - Santa Barbara Plaza RFQ No. NP-12947 management expertise, and financial capacity to implement the 8.3 acre Santa Barbara Plaza Commercial/Retail Development Opportunity Site (“Project”). The Project is located within the Amended Crenshaw Redevelopment Project Area (“Project Area”). The Site has become a key and vital Crenshaw area priority, with a focus on bringing badly needed revitalization and improvement to this now deteriorated shopping center. Built in 1955, Santa Barbara Plaza, then called Fashion Village, was a thriving and viable community asset in the late 50’s and 60’s. It was built shortly after the 1950 completion of the adjacent Crenshaw Shopping Center. Over the next 50 years, both centers slowly outgrew their vitality and showed obvious signs of deterioration. During this same time period, the Crenshaw Redevelopment Project Area was founded. The Crenshaw Redevelopment Plan was adopted in 1984 for the purpose of the redevelopment of the Crenshaw Shopping Center, which resulted in the completion of the re-named Baldwin Hills Crenshaw Plaza in 1988. The Amended Crenshaw Redevelopment Plan was adopted in 1994, which included the Santa Barbara Plaza area with the intention of facilitating the redevelopment of this adjacent and declining shopping area. The larger Santa Barbara Plaza is located in an evolving neighborhood. Revitalization is aimed at promoting the creation of a pedestrian-friendly community with a mix of activities including an active shopping venue and thriving neighborhood-serving businesses. It is the goal that the Site’s redevelopment focus on these commercial and retail use objectives and other uses that promote job creation. The Santa Barbara Plaza Commercial/Retail Development Opportunity Site’s development proposes to provide not only viable and needed commercial and retail uses for the Crenshaw community, but also to take a major positive step forward in revitalizing the larger Santa Barbara Plaza area, as well as complementing the existing adjacent Baldwin Hills Crenshaw Plaza and Magic Johnson Theater development.