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75D - PH- MAIN PLACE TRANSFORMATION
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75D - PH- MAIN PLACE TRANSFORMATION
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Last modified
5/30/2019 7:32:33 PM
Creation date
5/30/2019 5:10:30 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
75D
Date
6/4/2019
Destruction Year
2024
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MainPlace Mall <br />Net Fiscal Impact and Economic Analysis <br />December 2018 <br />Page 16 of 33 <br />11 v N, VJVUL Mall dtaptuveu oy 4.tcy taquncu woulo aeo approximately 2 million gross square feet <br />to the existing approximately 1 million square feet already on site. The majority of this to be <br />added space is composed of approximately 1.2 million gross square feet of residential space <br />encompassing 961 new residential units. Additions also Include plans for a 400-key hotel, close <br />to 150 thousand square feet of office space, and approximately 350,000 square feet of new <br />restaurant and retail uses. <br />Exhibit 3.3.2: Baldwin Hills Crenshaw Prfl1PCt.Rumman1 <br />Use Exisfin GFA SF NewGFA SF <br />Retail <br />833,077 <br />833,077 <br />Theater <br />75,000 <br />75,000 <br />Commercial <br />104,041 <br />104,041 <br />Ofce <br />4,623 <br />148,000 <br />Residential <br />1,234,500 <br />Retail Restaurant <br />331,838 <br />Hotel <br />346,500 <br />Total <br />1,016.741 <br />3,072,956 <br />auu,cu. Ouverupmem Agreement with city of Los Angeles, 2018, <br />The analyses, projections, assumptions, and any examples presented herein are for <br />kosmo,_ iilusuative purposes and are not a guarantee of actual and/or future results. Tax analyses <br />are projections only. Actual results may diffor from those expressed In this analysis. <br />75D-551 <br />
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