Description
The City of Los Angeles Community Investment Department is seeking a developer for the development of the Pacoima Lifestyle Center and/or the MEND Building. The City is looking for proposals that meet the following criteria: support small business development in Pacoima, create housing opportunities for families and households across a range of sizes and income levels, and increase housing density and commercial opportunities to take advantage of the forthcoming East San Fernando Valley Light Rail Transit Project. The City prefers development proposals that include a mix of housing and community-serving uses, with a preference for buildings no taller than eight stories for the Lifestyle Center site and seven stories for the MEND site.
Some key points to consider:
• The City is seeking a mixed-use development that incorporates housing and community-serving space
• The project should support small business development and create housing opportunities for families and households
• The City prefers development proposals with buildings no taller than eight stories for the Lifestyle Center site and seven stories for the MEND site
• The project should include a range of housing types, including market-rate, affordable, and mixed-income units
• The City is committed to working with the selected Development Team to achieve all necessary entitlements