Metro is planning to push ahead with developing a total of 15 acres near the North Hollywood Red Line station. The agency also plans to hold community events in the following weeks to help finalize development guidelines for the project.
The agency owns a total of four land parcels around the North Hollywood Red Line, which is the busiest Red Line station outside of downtown Los Angeles, stated The Source. The Metro initially acquired the properties for construction of the Red Line and the nearby Orange Line busway. The agency's plan to further develop the site aims to create a more vibrant, transit-friendly community, as well as increase ridership in the area.
In the report, The Source cited that the Metro is also planning to address the parking issue in the area. Currently, North Hollywood has 957 parking slots available, along with the 194 spaces that reportedly will be added on the north side of Chandler Avenue. Should future developments affect these parking areas, the agency is planning to ask 2,000 replacement spaces specifically for transit riders. These spaces would reportedly be separate from the parking needed for residents or retail consumers of the to-be developed buildings. At this time, the Metro has yet to identify the type of properties or developments to be built on the 15 acre site. However, the agency is planning to host two community meetings to help in finalizing the guidelines for the project. This includes suggestions and discussion on the general size, scale and type of buildings to be built.
The Metro's planned community meetings are scheduled on September 24, wherein the agency will host a Community Workshop, states The Source. The other meeting, titled "A Development Guidelines Open House" will held on October 13.
Meanwhile, one of the suggested development for the area includes a housing complex, based on a previous Metro study, reports Los Angeles' The Real Deal. However, it is still unclear whether that will be one of the developments that will be constructed on the North Hollywood Red Line area.
The Metro, including potential developers, would need to wait for the results of the community meetings that will help finalize the development guide for the 15.6 acre site.
