District NoHo Will Serve as a New Transit-Oriented Destination with 500,000 SF of Office Space, 1,500 Multifamily Units with over 300 Affordable Apartments and 100,000 SF of Food/Beverage and Neighborhood-Serving Retail
Trammell Crow Company and its residential subsidiary, High Street Residential, have announced plans for a mixed-use project in the North Hollywood (NoHo) neighborhood of Los Angeles. The transit-oriented development, District NoHo, will encompass the redevelopment of the Los Angeles County Metropolitan Transportation Authority’s (Metro) Red and Orange Line portals into one of the premier transit hubs in Los Angeles.The Metro Board of Directors selected the firms in 2016 after an extensive and competitive Request-for-Proposal process based on their track record in developing complex Public/Private Partnerships. District NoHo will be developed in six strategically timed phases, with construction of the first phase slated to begin in Q4 2021.
District NoHo will be comprised of eight buildings within 15.6 acres, including more than three acres of much-needed open space for the burgeoning NoHo Arts District. High Street Residential will develop the project’s six multifamily buildings, which will include approximately 300 affordable units and 1,200 market-rate units.
“District NoHo is a thoughtfully planned development project that will create a true urban center for the San Fernando Valley. As the Metro mobility and rail expansion for greater Los Angeles accelerates, we have an opportunity to create an urban village at the third busiest transit hub in the Regional Metro system,” said Brad Cox of High Street Residential. “This project will create a new live/work/play urban village with a network of pedestrian and bicycle paths that will connect the residential and office tenants with multiple modes of transportation, various dining and entertainment options and celebrate the local arts culture.”
The project design is being spearheaded by master architect HKS and urban planning firm RELM. As a demonstration of the commitment to creating an urban village with a variety of building designs, the developers selected the architecture firms of HKS, KFA and Gensler to each design different key elements of the project, with RELM providing the design for the open space and landscape areas to cultivate the urban lifestyle.
Trammell Crow Company will oversee development of the 400,000-square-foot 10-story office tower, which will include 18,000 square feet of retail space on the southwest corner of Lankershim and Chandler Boulevards. The tower is designed to emphasize indoor/outdoor connectivity, with balconies at every level, large open floor plans and floor-to-ceiling glass to highlight the uninterrupted views.
"This project adds hundreds of units to the stock of affordable housing and includes amenities that will enhance the cultural life of the area and generate much-needed jobs," said Councilmember Paul Krekorian.
Trammell Crow Company will also be developing an integrated transit center, incorporating planned enhancements to the Orange Line, new Bus Rapid Transit service, zero emission electric buses and regional and local bus lines. The new transit center will shorten transfer times, add new entrances to the below-grade Red Line, incorporate Metro bike share, a bike hub and dedicated pick-up and drop-off areas for ride-hailing services. This project will preserve and celebrate the existing Lankershim Depot, while providing generously landscaped community open spaces.
"LA Metro is dedicated to nurturing vibrant, healthy and complete communities by fostering affordable housing and economic vitality near transit," said Inglewood Mayor and Metro Board Chair James T. Butts. "We are pleased to have partnered with Trammell Crow Company and High Street Residential to create a model transit-oriented community that enhances the mobility experience for our transit customers."
“In planning the retail experience of this project, we anticipate that District NoHo retailers will be a mix of local neighborhood businesses and national brands,” said Abbey Ehman of Trammell Crow Company. “We will bring in experiential retail options with a variety of exciting food and beverage providers complementary to existing local businesses that will activate the project’s open space to create a community environment where the neighborhood can gather and enjoy the experience of District NoHo.”
About High Street Residential
High Street Residential, a wholly-owned operating subsidiary of Trammell Crow Company, specializes in the development of multifamily housing. We have a deep background in urban, infill mixed-use residential development, as well as the redevelopment or repurposing of existing facilities. In the last 15 years, the firm has completed over $1.4 billion in projects with a current pipeline of nearly 3,500 units. For more information please visit our website at www.highstreetresidential.com.
About Metro
The Los Angeles County Metropolitan Transportation Authority (Metro) is building the most ambitious transportation infrastructure program in the United States and is working to greatly improve mobility through its Vision 2028 Plan. Metro is the lead transportation planning and funding agency for L.A. County and carries about 1.2 million boardings daily on a fleet of 2,200 low-emission buses and six rail lines. For more information visit www.metro.net.
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of September 30, 2019, TCC had $10.9 billion of projects in process and $3.5 billion in its pipeline. It employs more than 550 professionals in the United States and the United Kingdom.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and London. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential, and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet the needs of its clients. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2018 revenue). For more information visit www.TrammellCrow.com.
