Legislation Details

File #: HIST-3280    Version: 1 Subject:
Type: Historical Status: Historical
In control: HISTORICAL - REDEVELOPMENT
On agenda: 8/21/2006 Final action: 8/21/2006
Title: Consideration of a Request to Issue a Request For Proposal for Development of the Three Contiguous Properties at 11042-11056 Washington Boulevard, Located in Component Area No. 4.
Attachments: 1. SR_06-08-21_CCRA_Pleasantview RFP.doc, 2. ATT_06-08-21_CCRA Pleasantview.pdf
City of Culver City, California Redevelopment Agency Agenda Item Report RECOMMENDATION: Staff recommends the Culver City Redevelopment Agency (the “Agency”) authorize staff to issue a Request for Proposal (“RFP”) for the development of three contiguous properties located from 11042 to 11054 Washington Boulevard. BACKGROUND: The properties that are the subject of this report span the block on the south side of Washington, between Tilden and Harter Avenues. This site is at the junction of Washington Boulevard and Washington Place. The present uses consist of an office machines sales and service shop (BMI), Star Beauty Salon, the office of Families Anonymous World Service, a gun shop (Collector’s Armoury) an electrical contractor (Arco Electric) a group home (the Pleasantview Home) and a single residential unit. The combined area of the three parcels equals 0.74 acre. The General Plan land use designation is Commercial-General Corridor and the Zoning designation is Commercial General (CG). The City has received complaints from neighboring residents and businesses regarding the condition of the properties and the uses located on the block. DISCUSSION: The site is occupied with dilapidated buildings and suffers from deferred maintenance. Staff proposes issuing an RFP seeking a qualified developer, or Meeting Date: 8/21/06 Item Number: A-2 AGENDA ITEM: Consideration of a Request to Issue a Request For Proposal for Development of the Three Contiguous Properties at 11042-11056 Washington Boulevard, Located in Component Area No. 4. Contact Person/Dept.: John Fisanotti Phone Number: (310) 253-5767 Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [] Public Hearing: [] Action Item: [X] Consent Item: [] Attachments: [X] Public Notification: Property and Business owners on the block were notified (08/07/06); Maser Notification List (08/16/06). Department Approval: Susan Evans 08/10/06 Exec. Director Approval: Jerry Fulwood 08/16/06 City Controller Approval: Marlee Chang 08/16/06City of Culver City, California Redevelopment Agency Agenda Item Report owner participant to develop the three parcels as one commercial or mixed use development. The goal of issuing an RFP for these sites would be to ultimately enter into an Exclusive Negotiation Agreement with a developer or owner- participant. Depending upon the outcome of the RFP process, and any associated acquisition negotiations with the current property owners, the eventual project may not include all three contiguous parcels. If authorized to send out an RFP for this site, the following is the proposed schedule: Week of August 21st: Send out RFP to selected developers October 2nd: Responses due October: Interviews with top developers November: Staff recommendation shared with subcommittee December: Recommendation brought back to full Agency Board FISCAL ANALYSIS: Other than staff time, there is no cost associated with issuing a Request For Proposal. Subsequent steps could have cost impacts associated with them and will be calculated and analyzed at the appropriate time. ATTACHMENTS: 1. Draft Request for Proposal MOTION: That the Redevelopment Agency: Authorize staff to issue a Request for Proposal for the three contiguous properties located from 11042 to 11056 Washington Boulevard. MEETING DATE: 08/21/06 AGENDA ITEM: Consideration of a Request to Issue a Request For Proposal for Development of the Three Contiguous Properties at 11042-11056 Washington Boulevard, Located in Component Area No. 4. ATTACHMENTS Pages|109| Draft Request For Proposal 1-29REDEVELOPMENT AGENCY REQUEST FOR PROPOSALS August 22, 2006 Development Opportunity For a Commercial or Mixed Use Project On a 0.74 Acre Site Submittal Deadline: 5:00 p.m., October 2, 2006• • WEST • HOLLYWOOD EVENLY HILLS ' BRENTWOOD SANTA Approximate Site Location ---411 DOWNTOWN • LOS ANGELES 7 STAPLES • CENTER USC COLISEUM UCLA • MAR/NA DEL REV •• LOS ANGLES . • INTERNATioNAL AIRPORT .,. • ceurrilsrv nmy, as a D.5 I 13 1414cm PURPOSE The Culver City Redevelopment Agency ("Agency") is seeking a qualified developer to construct a high quality, in-fill development project on a three-quarter acre site in the City of Culver City that is the subject of this Request for Proposal (REP). The development site is strategically located in the Westside Los Angeles area and is near the 405 freeway, Washington Boulevard and Sepulveda Boulevard transportation corridors. CULVER CITY Culver City, a charter city incorporated in 1917, has a population of approximately 40,000 residents within an area of five square miles. The City is located eight miles west of Downtown Los Angeles and six miles north of Los Angeles International Airport. It is strategically located near the intersection of the Santa Monica (1-10), San Diego (1-405) Freeways, and the eastern terminus of the Marina Freeway (SR- 90). The Culver City Redevelopment Agency was formed in 1971 and the Redevelopment Project Area encompasses over forty percent of the City's land area and includes most of the City's commercial and industrial properties. The opportunity site that is the subject of this RFP is located within the Redevelopment Project Area. Culver City is an ideal location for residential and/or commercial development due to the quality and stability of its neighborhoods, its sound economic base, the quality of Page 10.74 Acre Development Opportunity Site the Culver City Unified School District, and the locally operated first class Culver City Police and Fire Departments. THE DEVELOPMENT SITE The development site is 0.74 acre in area and is located on the south side of Washington Boulevard between Harter Avenue on the west and Tilden Avenue on the east, at the point where Washington Place intersects with Washington Boulevard. The site is comprised of three privately owned parcels that have Insert feet of street frontage and a depth of Insert feet. There is an alley bordering the site on the south side. The entire site is designated as General Corridor (Commercial) in the Land Use Element of the City's General Plan and Redevelopment Plan and is zoned Commercial General (CG). The site is depicted in the map below and each parcel is generally described in the following matrix. Parcel Address Area Sq. Ft. Current Acreage Land Use Parcel 1 11042 Washington 9,518 .22 Office/Retail Parcel 2 11054 Washington 2,997 .07 Commercial/Residential Parcel 3 11056 Washington 19,759 .45 Group Home Total Site 32,274 .74 The site is also depicted on the Los Angeles County Assessor's Parcel Map (Attachment No. 1). The development site is currently built out with the commercial Page 2uses indicated above and generally surrounded by commercial uses along Washington Boulevard to the east and west and residential uses to the south across the alley. Washington Boulevard is a four-lane roadway that runs east/west from the City's eastern limits through downtown to the Marina del Rey area at the City's western boundary. For most of the segment west of the San Diego Freeway, Washington Boulevard carries an average of about 24,500 vehicles per day. SCOPE OF DEVELOPMENT The Agency is seeking proposals for a new high quality, commercial or mixed use (retail/office commercial and residential) project from a limited number of developers with appropriate experience. The Agency encourages creative proposals from respondents that best suit the site, the market potential of the area, and the Agency's and City's goals of increasing the housing stock and strengthening the City's economic base. Pedestrian-oriented, neighborhood-serving uses are desired. Preferred uses include cafes, restaurants, neighborhood services and other retail stores. The zoning for this area allows small- to medium-scale community serving uses such as retail, offices, services and/or a mixed use project consisting of commercial space and housing. Projects containing restaurants with drive-through services, convenience stores, or vehicle service/repair will not be considered. Creative, economically feasible development is encouraged. Other considerations for the project include the following: • Housing If housing is proposed, the Agency desires a mixed-income project with an affordable housing component that can be covenanted for long-term affordability. Maximum density shall not exceed 65 units per acre. The final arrangement is subject to negotiation with the Agency. • Development Standards — Please refer to Table 2-6 from the Culver City Municipal Code — Title 17, Zoning Code (Attachment No. 2) for more detailed information on lot area, setbacks, height, parking, landscaping and signs DEMOGRAPHICS Based upon a ring around a center point located at the site, the following demographics apply to the area generally surrounding the site. For more detailed demographic information, please refer to Attachment No. 3. Distance Population Households One Mile 43,916 17,451 Three Miles 253,853 106,266 Five Miles 762,172 325,215 Source: Applied Geographic Solutions, all data is for 2005. Page 3AGENCY PARTICIPATION The Agency is in the process of acquiring the largest parcel of the three parcels (11056 Washington Boulevard) that comprise the development site. The other two parcels in the site are privately owned. It is anticipated that the selected qualified developer or owner participant will attempt to acquire the other parcels. If necessary, the Agency could consider providing assistance in assembling either of the parcels, subject to the process specified by law. The Agency may also consider the use of local housing set aside funds if the proposed development were to include below market rate units. ENTITLEMENT PROCESS The Agency encourages proposing firms to submit creative, economically feasible development proposals for the site. The Agency will work with City of Culver City staff and the selected developer or owner participant to expedite the entitlement process for the proposed development project. CALIFORNIA ENVIRONMENTAL QUALITY ACT New development on this site shall be subject to specific environmental review as part of the applicable City and Agency review procedures. The Culver City Redevelopment Plan Amendment and Merger Certified Final Program Subsequent Environmental Impact Report (EIR) dated November 18, 1998, was completed in compliance with CEQA, and that document may be utilized in connection with the environmental review of the proposed development of the site. The Agency will seek a Categorical Exemption for the project to the extent applicable under CEQA as the site is an infill development of less than five (5) acres. SUBMITTAL REQUIREMENTS One electronic copy on a CD-ROM, and four paper copies of the following information; one copy of which must be single-sided and unbound, are requested as part of the submittal requirement; please use the following format: 1) Letter of Introduction - Include the Proposer's basic qualifications and understanding of the proposal; limited to two pages. 2) Project proposal, consisting of: a) Conceptual site plan b) Architectural design concept (i.e. elevations at a minimum, other views as needed to illustrate the concept) c) Identification of anticipated commercial tenants d) Project schedule e) Nature or amount of Agency assistance, if any, being requested f) Approach to the project, including the kinds of information to be requested from the Agency and/or City staff g) Willingness of the Proposer to finance any of the land assembly costs h) If housing is proposed, then submit Proposer's best estimate of total number of dwelling units, unit types, unit sizes, type of tenure (sale or rental), density, amenities and proposed rent or sale price. Page 43) Developer Questionnaire - Include all requested information (Attachment No. 4). 4) Approach — Describe the firm's approach to the Scope of Development described in this RFP. Describe the kind of information that will be required from City Staff/Agency. 5) Work Load — Provide a list of the Proposer's current and anticipated major projects to December 2009. 6) References — Include public sector references, especially if for public/private development projects. 7) Statement of Interest (See Owner Participation below) OWNER PARTICIPATION For each recipient of this RFP who owns or represents an owner of property on the site, please refer to the Statement of Interest (Attachment No. 5). Owners or representatives of an owner who are interested in participating in the redevelopment of this site should complete the Statement and return it with your response to this REP by October 2, 2006. SELECTION CRITERIA A concise, professional and complete response to this REP will help the Agency identify the most qualified development team. Each proposal submitted will be evaluated based upon the quality of the development proposal, the qualifications of the entire development team and the potential to satisfy the City's and Agency's economic development goals, including the provision of new employment and the generation of significant revenues to the City and Agency (land sale proceeds and tax increment revenues). The development team selected to participate with the Agency must demonstrate the experience and resources needed to acquire the site, then design and develop a successful, high-quality commercial or mixed use project. Prior experience with design, financing, construction, marketing similar commercial or mixed use (commercial/residential) projects will be critical elements in evaluating the proposals. SCHEDULE AND PROCESS FOR DEVELOPER SELECTION • Interviews will be scheduled with the top candidates in October 2006. • Consideration of Selection Committee Recommendations by the Agency in November 2006. • Agency consideration of approval of an Exclusive Negotiation Agreement (ENA) with the selected respondent in December 2006. • The [NA, if entered into, will provide for an exclusive negotiating period, and may result in an Owner Participation Agreement (OPA) with the selected qualifying Owner Participant or a Disposition and Development Agreement (DDA) between the Agency and the Developer. Page 5PROPOSAL DUE DATE Proposals must be received no later than 5:00 p.m., Monday, October 2, 2006. Proposals are to be sent to CULVER CM( REDEVELOPMENT AGENCY P.O. Box 507 9770 Culver Boulevard Culver City, CA 90232-0507 ATTN: John Fisanotti Right to Reject The Agency intends to select a Proposer that demonstrates the highest level of expertise, experience, and financial capabilities to successfully develop a high quality development project. The Agency reserves the right to reject any and all proposals or to re-issue the RFP in full when such action shall be considered in the best interest of the Agency. Nothing herein shall obligate or be deemed to obligate the Agency to accept the Statement of Qualifications/Proposals from any developer(s), or be obligated to select one or more developers for negotiations of a development agreement or to enter into any ENA, OPA, or DDA. The Agency is not required to accept any proposal. ADDITIONAL INFORMATION CONTACTS John Fisanotti, Redevelopment Project Manager, at (310) 253-5767 by phone, or email at: iohn.fisanotti©culvercity.org . ATTACHMENTS: 1. Los Angeles County Assessor Map. 2. Table 2-6 (Development Standards) 3. 1, 3 and 5 mile demographics. 4. Developer Questionnaire. 5. Statement of Interest. Page 6RC, 49.2.0r 9,1k13 'ohs 23|1010|DETAIL NO SCALE ' 440 Y :) 4'r 4434frr 40 40 ' , 0 a t 0 0 ® @ 0 @ @ a 0 .0 i. , 23 - 22 21 20 19 18 17 16 15 14 13 i 5.9.04 40 , 40 7 lam 1.7.4 rinroo , f 1,517., 4521 ., .45A A. 44414044. 4 $15.7 ?VP- 475J' 4 7ai. 47444: l ik i|101010|.1 a il @|1010|a iti @ co 6- 1 7 k f, 8 (2-8-- ik. 2 3, 10. C:). II It' S ® 12 3745 5735 4"1 r 10.0/ dO I" ' - . dO TRACT NO. 9648 TRACT NO. 7432 M.8.83-67 CODE 3170 1245.3 —M.8.142-13-15 cr) Assessor Map Page 1 of 1 View En rged County of Los Angeles: Rick Auerbach, Assessor View Printhig- Insttuctitini FOR PREY, ASSWT. SEE:745-26 ASSESSOR'S MAO COUNTY OF LOS ANOELES 0 CALIF Requirement by ZoninDfitrid : CLTLVER Cm' MUNICIPAL CODE - TITLE 17, ZONING CODE Commercial Zoning Districts Attachment No. 2 17.220 Table 2-6 Commercial District Development Standards (CN, CG, CC, CD) Minimum lot area Minimum lot area determined through subdivision review process. Residential development Subject to the requirements of Live/Work Development Standards (Section 17.400.060) and/or the Mixed Use Development Standards (Section 17.400.065). Setbacks Minimum setbacks required. See Section 17.300.020 (Setback Regulations and Exceptions). Street facing None Required. None Required. (1) Side None Required_ For first 15 ft of building height: 10 ft required. Side Adjacent to For portions of structure above 15 ft in height a 60 degree clear zone angle must be Residential Zone maintained, measured from 15 ft above the existing grade and from 10 feet from the side property line. (2) Rear None Required. For first 15 ft of building height: 10 ft required. Rear Adjacent to For portions of structure above 15 ft in height a 60 degree clear zone angle must be Residential Zone maintained, measured from 15 ft above the existing grade and from 10 ft from the rear property line. (2) 2 ft Alley The width of an alley may be credited toward the setback requirement for properties adjacent to residential zones. Height limit (3) See CD District 43 ft 56 ft (4) 56 ft (4) Requirements: Section 17.220.035. Landscaping As required by Chapter 17.310 (Landscaping). See CD District Parking and loading As required by Chapter 17.320 (Off-Street Parking and Requirements Section Loading). 17.220.035 and Chapter 17.320. Signs As required by Chapter 17.330 (Signs). Notes: (I) Except in compliance with the Design for Development of the Downtown Area. No setback shall be provided for at least 75% of any new exterior building wall resulting from the addition of building floor area along the east and west sides of Main St, the north side of Culver Blvd. between Canfield and Duquesne Ayes., and both sides of Washington Blvd. between Watseka and Hughes Ayes. (2) See Figure 2-I (Commercial Setback Adjacent to Residential Zone). (3) See Section 17.300.025 (Height Measurement and Height Limit Exceptions). (4) This provision is as approved by Initiative Ordinance No. 90-013V2 adopted April 17, 1990, or as may be amended. Article 2 - Zoning Districts, Allowable Land October 2005 Uses and Zone-Specific Standards 2-199.7% 10.0% 11.3% 11.3% 11.0% Households 17,451 Families 18,872 50_8% 2005 Household Income Distribution Total <$10 K 1,686 $10-$20K 1,751 $20-$30K 1,978 $30-$40K 1,973 $40-$50K 1,913 City of Culver City: Economic Development Attachment No. 3 Page 1 of 4 Pleasantview 1 Mile Radius Demographic Report Center: 4213-007-002 Distance: 1 miles Population (2005) Total !% 2005 Population 43,916 Population (2010) Total 2010 Population 46,006 Sex (2005) Total Male 21,858 49.8% co Female 22,058 50.2% Age Distribution (2005) Total % 0-4 2,657 6.1% 5-9 2,459 5.6% 10-19 5,037 11.5% 20-29 8,111 18.5% 30-39 7,855 —17.9% 40-49 6,831 15.6% 50-59 5,018 11.4% 60-64 1,599 3.6% 65+ 4,349 9.9% Race Distribution (2005) Total % White 29,728 67.7% Black 2,715 6.2% American Indian 205 0.5% Asian 6,519 14.8% Pacific Islander 105 0.2% Other 3,246 7.4% Multirace 1,398 3.2% _Hispanic 15,878 36.2% 2005 Total Households 'Total %|1010|http://gaea.culvercity.org/website/cee/ed.asp?cmcl =print&maxx=6444732.13656035&min... 5/25/2006City of Culver City: Economic Development $50-$60K Page .2 of 4 1,496 18.6% $60-$75K 1,891 jlO.8% $75-$100K 1,891 110.8% >$100K 2,872 116.5% 2005 Household Net Worth Total $0 or Less 2,293 13.1% $1-$5000 2,590 14.8% $5000410000 1,296 7A% $10000-$25000 2,168 12.4% ,$25000450000 2,248 12.9% $500004100000 2,715 15.6% $1000004250000 3,158 18.1% $2500004500000 *1,228 7.0% $500000 or More 674 3.9% 2005 Labor Force Status Total Labor Force 24,380 Employed 23,162 95:0% Unemployed 1,196 4.9% In Armed Forces 22 Not In Labor Force 11,432 2005 Total Number of Housing Total % Total Dwellings 17,977 Owner-Occupied Dwellings 5,678 ' 32.5% Renter-Occupied Dwellings 11,773 67.5% Housing Units Occupied 17,451 97.1% 2005 Education Attainment 'Total h Population Age 25+ 29,938 < Grade 9 1,756 5.9% Grade 9-12 1,885 6.3% High School 5,728 19.1% Some College 6,079 20.3% °Assoc Degree 2,175 7.3% Bach Degree 7,806 26.1% Grad Degree 4,509 .15.1% 2005 Size of Household Total % 1 Person 6,309 36.2% 2 Person 5,631 32.3% 3 Person 2,455 . 14.1% 4 Person 1,788 10.2% 5 Person 779 4.5% 6+ Person 302 1.7% Sex (2010) Total % Male 22,943 49.9% Female 23,063 50.1% Age Distribution (2010) http://gaea.culvercity.org/website/ccc/ed.asp?cmd =print&maxx=6444732.13656035&min . 5/25/2006City of Culver City: Economic Development Total Page 3 of 4 0-4 2,817 6.1% 5-9 2,572 ,5.6% 10-19 5,345 11.6% 20-29 7,903 17.2% 30-39 7,443 16.2% 40-49 7,180 15.6% 50-59 5,882 12.8% 60-64 2,019 4.4% 65+ 4,845 10.5% Race Distribution (2010) Total White 35,070 76.2% Black 2,350 5.1% American Indian 121 0.3% Asian 6,631 14.4% Pacific Islander 105 0.2% Other 1,226 2.7% MuItirace 503 1.1% Hispanic 18,005 39.1% 2010 Total Households Total Households 17,703 Families 8,651 148.9% . 2010 Household Income Distribution Total 410K 1,665 9.4% $10-$20K ,1,558 8.8% $20 -$30K 1,809 10.2% $30-$40K 1,790 10.1% $40 -$50K 1,721 9.7% $50 -$60K 1,603 9.1% $60-$75K 1,711 9.7% $75-$100K 2,100 11.9% > $100K 3,746 -21.2% 2010 Labor Force Status r 'Total Labor Force 25,596 Employed 24,328 95.0% Unemployed 1,243 4.9% In Armed Forces 25 Not In Labor Force 11,958 2010 Total Number of Housing Total Total Dwellings 18,237 Owner-Occupied Dwellings 6,067 34.3% Renter-Occupied Dwellings 11,636 65.7% Housing Units Occupied 17,703 97.1% 2010 education Attainment . 'Total I% 31,933 Population Age 25+ http://gaea.culvercity.org/website/ccded.asp?cmcl =print&maxx=6444732.13656035&min... 5/25/2006City of Culver City: Economic Development Page 4 of 4 < Gr 9 -1,673 5.2% Gr 9 -12 1,816 5.7% High School 6,550 20.5% Some College 5,726 17.9% Assoc Degree 2,360 7.4% Bach Degree 8,775 27.5% Grad Degree 5,033 _15.8% 2010 Size of Household Total % 1 Person 6,890 38.9% 2 Person 5,724 32.3% 3 Person 2,351 13.3% 4 Person 1,730 9.8% 5 Person 693 3.9% 6+ Person 232 1.3% Source: Applied Geographic Solutions, Thousand Oaks. CA I 3 http://gaea.culvercity.org/website/ccc/ed.asp?cmd=print&maxx=6444732.13656035&min . 5/25/2006,Y OLI NEED TO BE PART OF City of Culver City: Economic Development Page 1 of 4 Demographic Report Center: 4213-007-002 Distance: 3 miles Population (2005) 1Total I% 2005 Population 253,853 Population (2010) Total 2010 Population 267,436 Sex (2005) Total c/o Male 123,961 48.8% Female _129,892 51.2% Age Distribution (2005) Total 0-4 '15,027 5.9% 5-9 13,826 5.4% 10-19 26,896 10.6% 20-29 39,128 15.4% 30-39 44,291 17.4% 40-49 40,028 15.8% 50-59 32,741 12.9% 60-64 11,036 4.3% 65+ 30,880 12.2% Race Distribution (2005) Total White 176,483 69.5% Black ,21,545 8.5% American Indian 1,023 0.4% Asian 32,046 12.6% Pacific Islander 514 0.2% Other 15,181 6,0% Multirace 7,061 2.8% 'Hispanic 74,473 29.3% 2005 Total Households Total % Households 106,266 Families 54,403 51.2% 2005 Household Income Distribution Total <$10 K 8,887 8.4% $10-$20K 9,592 9.0% $20-$30K 10,475 9.9% $30-$40K 11,082 10.4% $40-$50K 10,470 9.9% littp://gaea.culvercity.org/website/ccc/ed.asp?cmd =print&maxx=6458940.13656035 &min... 5/25/20067.7% 9.7% 11.3% 23.8% $0 or Less $1-$5000 $5000-$10000 $10000-$25000 12.1% 12,831 $25000450000 12.9% 13,722 $50000-$100000 15.9% 16,917 19.0% 7.7% 8,156 $50-$60K 10285 $60-$75K 20,242 $100000-5250000 8,134 $2500004500000 Labor Force Employed Unemployed In Armed Forces Not In Labor Force 140,045 133,271 6,680 94 68,297 2005 Household Net Worth 12.1% 12,832 13.6% 14,439 7.0% 7,413 95.2% 4.8% 25,324 Total ‘0/0 $500000 or More 4,641 4.4% 111,995 $75-$100K > $100K City of Culver City: Economic Development 2005 Total Number of Housing Total Total Dwellin s 110,345 Owner-Occupied Dwellings 47,337 44.5% . Renter-Occupied Dwellings 58,929 55.5% Housing Units Occupied 106,266 _96.3% 2005 Education Attainment 'Total % Population Age 25+ 180,562 < Grade 9 8,836 4.9% Grade 9-12 10,203 5.7% High School 29,935 16.6% Some College 35,255 19.5% Assoc Degree 12,518 6.9% Bach Degree 49,973 27.7% Grad Degree 33,832 18.7% 2005 Size of Household Total 1 Person 40,233 37.9% 2 Person 35,329 33.2% 3 Person 14,096 13.3% 4 Person 10,225 9.6% 5 Person 4,039 3.8% 6+ Person 1,538 1.4% Sex (2010) Total Male 130,841 48.9% Female 136,595 51.1% Age Distribution (2010) Page 2 of 4 http://gaea.eulvercity.org/website/ccc/ed.asp?cmd =print&maxx=6458940.13656035&min . 5/25/2006City of Culver City: Economic Development Page 3 of 4 10-4 5-9 10-19 20-29 30-39 40-49 50-59 60-64 65+ ch Total 15,919 14,478 28,698 38,800 42,159 42,008 37,944 13,729 33,701 Race Distribution (2010) Total 6.0% 5.4% 10.7% 14.5% 5.1% 15.7% 14.2% 15.8% 12.6% White 77.5% 207,204 Black 6.7% 17,978 American Indian 602 0.2% Asian 12.3% 32,812 Pacific Islander 513 0.2% Other 2.2% 5,853 Mulbrace 0.9% 2,474 Hispanic 2010 Total Households Total 87,120 32.6% Households 108,381 Families 53,434 149.3% 2010 Household Income Distribution Total <$10 K 8,827 8.1% $10-$20K 8,630 8.0% $20-$30K 9,606 8.9% 530-$40K 9,721 9.0% $40-$50K 9,771 9.0% $50-560K 8,923 8.2% $60-$75K 9,130 8.4% $75-$100K 12,186 11.2% >$100K 31,587 29.1% 2010 Labor Force Status Total Labor Force 147,767 Employed 140,644 95.2% Unemployed 7,024 4.8% In Armed Forces 99 Not In Labor Force 71,880 2010 Total Number of Housing Total % Total Dwellings 112.652 Owner-Occupied Dwellings 49,970 46.1% Renter-Occupied Dwellings 58,411 53.9% Housing Units Occupied 108,381 96.2% 2010 Education Attainment 'Total I% Population Age 25+ 194,123 IG http://gaea.culvercity.org/website/ccded.asp?cmd =print&maxx=6458940.13656035&min . 512512006^, ^ City of Culver City: Economic Development Page 4 of 4 Or 9 8,547 4.4% Gr 9-12 9,927 5.1% High School 34,554 17.8% Some College 33,330 17.2% Assoc Degree 13,612 7.0% Bach Degree 56,282 29.0% Grad Degree 37,871 19.5% 2010 Size of Household Total crio 1 Person 43,788 40.4% 2 Person 35,963 33.2% 3 Person 13,528 12.5% 4 Person 9,926 9.2% 5 Person 3,625 3.3% 6+ Person 1,190 1.1% Source: Applied Geographic Solutions, Thousand Oaks. CA http://gaea.culvercity.org/website/ccc/ed.asp?cmd=print&maxx=6458940.13656035&min . 5/25/2006Total 800,597 2010 Population City of Culver City: Economic Development Page 1 of 4 Pleasantview 5 mile radius Demographic Report Center: 4213-007-002 Distance: 5 miles Population (2005) Total 2005 Population 762,172 Population (2010) Sex (2005) Total Male 366,323 48.1% Female 395,849 51.9% Age Distribution (2005) Total % 0-4 43,610 5.7% 5-9 40,664 5.3% 10-19 86,509 11.4% 20-29 124,987 16.4% 30-39 133,626 17.5% 40-49 116,046 15.2% .50-59 93,559 4 2 . 3 % 60-64 31,662 4,2% 65+ 91,509 12.0% Race Distribution (2005) Total % White 503,250 66.0% Black 112,955 14.8% American Indian 2,746 0.4% Asian 76,569 10.0% Pacific Islander 1,380 0.2% Other 44,457 5.8% . Multirace 20,815 2.7% Hispanic 200,501 26.3% 2005 Total Households Total % Households 325,215 Families 151,818 46.7% 2005 Household Income Distribution Total % <$10 K 35,916 11.0% $10-$20K 31,936 9.8% 520-$30K 31,688 9.7% $30-$40K 33,360 10,3% $40-$50K 30,316 9.3% la http://gaea.culwrcity.org/website/ccc/ed.asp?cmd=print&maxx=6473148.13656035&min... 5/25/2006City of Culver City: Economic Development $50460K 24,057 Page 2 of 4 7.4% $60475K 29,985 9.2% $75-$100K 35,311 10.9% > $100K 72,646 22.3% 2005 Household Net Worth Total $O or Less 41,304 12.7% $145000 46,154 14.2% 0000 $5000410000 22,930 7.1% $10000425000 39,160 12.0% $25000450000 41 395 12.7% $5000 -$100000 50,809 15.6% $100000-$250000 60,124 18.5% $2500004500000 23,952 7.4% $500000 or More 13,629 4.2% 2005 Labor Force Status Total Labor Force 413,372 Employed 389,307 94.2% Unemployed 23,827 5.8% In Armed Forces 238 Not In Labor Force 214,801 2005 Total Number of Housing Total [DA Total Dwellings 342,407 Owner-Occupied Dwellings 119,472 36.7% Renter-Occupied Dwellings 205,743 63.3% Housing Units Occupied 325,215 95.0% 2005 Education Attainment Total Population Age 25+ 532,691 < Grade 9 26,168 4.9% Grade 9-12 32,895 6.2% High School 89,162 16.7% Some College 103,692 19.5% 'Assoc Degree 37,345 7.0% Bach Degree 145,087 27.2% Grad Degree 98,342 18.5% 2005 Size of Household Total % 1 Person 137,173 42.2% 2 Person 102,085 31.4% 3 Person 39,529 12.2% 4 Person 27,776 8.5% 5 Person 11,794 3.6% 6+ Person 4,493 1.4% Sex (2010) 'Total % Male 385,629 48.2% Female 414,968 51.8% i Age Distribution (2010) http://gaea.culvercity.org/website/eccied.asp?cmd-print&maxx=6473148.13656035&min... 5125/2006City of Culver City: Economic Development Total Page 3 of 4 0-4 46,337 5.8% 5-9 42,688 5.3% 10-19 91,403 11.4% 20-29 123,291 15A% 30-39 126,789 15.8% 40-49 122,162 15.3% 50-59 108,935 13.6% 60-64 39,557 4.9% 65+ 99,435 12_4% Race Distribution (2010) Total White 599,164 74.8% Black 92,534 11.6% American Indian 1,645 0.2% Asian 80,595 10.1% Pacific Islander 1,394 0.2% Other 18,117 2.3% NIultirace 7,148 0.9% Hispanic 238,470 2010 Total Households Total Households 330,994 Families (148,556 44.9% 2010 Household Income Distribution Total % <$10 K 35,838 10.8% $10-$20K 28,978 8.8% $20-$30K 29,374 8.9% $30-$40K 29,536 8.9% $40-$50K 28,451 8.6% $50-$60K 26,075 7.9% $60-$75K 26,814 8.1% $75-$100K 35,200 10.6% > $100K 90,728 27.4% 2010 Labor Force Status 'Total % Labor Force 434,863 Employed 409,660 94.2% Unemployed 24,953 5.7% In Armed Forces 250 Not In Labor Force 225,648 2010 Total Number of Housing Total Total Dwellings 348,735 Owner-Occupied Dwellings 127,203 38.4% Renter-Occupied Dwellings 203,791 61.6% Housing Units Occupied 330,994 94.9% 2010 Education Attainment 'Total j% Population Age 25+ 570,551|1010|http://gaea.culvercity.org/website/ccc/ed.asp?cmd=print&maxx=6473148.13656035&min 5/25/2006City of Culver City: Economic Development Page 4 of 4 < Gr 9 25,352 4.4% Gr 9-12 31,652 5.5% High School 102,760 18.0% Some College 97,934 17.2% Assoc Degree 40,486 7.1% Bach Degree 162,984 28.6% Grad Degree 109,383 19.2% 2010 Size of Household Total '`Yo 1 Person 147,901 44.7% 2 Person 103,149 31.2% 3 Person 37,873 11.4% 4 Person 27,004 8.2% 5 Person 10,566 3.2% 6+ Person 3,450 1.0% Source: Applied Geographic Solutions, Thousand Oaks. CA http://gaea.culvercity.org/website/ccc/ed.asp?cmd=print&ma.xx=6473148.13656035&min . 5/25/2006Attachment No. 4 CULVER CITY REDEVELOPMENT AGENCY DEVELOPER QUESTIONNAIRE Your firm has recently submitted a response to a Redevelopment Agency issued Request for Proposal. This Developer Questionnaire will help the Agency assess the developer's experience and proposed team's experience with comparable projects, and will assist in determining the development entity's financial strength. SUBMITTAL CONTENTS 1. Name of developer Address of developer Phone and FAX numbers of developer Web and e-mail address of developer 2. Development Entity Identification of the development entity including all joint venture limited partners with whom the Agency would contract for development. Is the developer a subsidiary of, or affiliated with, any other corporation(s) or firms? If yes, list each such corporation or firm by name and address, specify its relationship to the developer and such other corporation or firm_ 3. Development Team Organization and management approach, and role of each development partner and major consultant in the implementation of the development. Identify and describe role of key individuals in the development team (architects, engineers, project manager, brokers and others), who would be involved in the implementation, including their relevant experience. Attach resumes of key personnel. Also identify who will be the project manager, and who has the authority to make decisions for the team. Please discuss past projects that the developer and architect have worked on together. 4_ Developer Experience The developer's previous relevant project experience for projects of this size: A description of three similar projects (date, location, land uses, size, architectural features, role of development entity in the project, etc.). Please describe any past development experience in Culver City. If you have not participated in any development activities in Culver City, please provide a description of any development activities in the West Los Angeles area. When citing previous experience please specify whether the experience was of the development team as presently constituted, or was gained through employment with other entities. Newly formed partnerships inparticular, often rely on individuals' experience from other organizations. This must be noted. 5. Public/Private Partnerships Include information regarding experience in development and operation of joint public/private partnerships, and time schedules from the three most recent projects. Provide business references, including Redevelopment Agency and/or City references, and two financial references. For each reference, list the name of a specific contact person, address, telephone number, and nature of relationship. 6. Interest in Developing in Culver City Please provide a brief paragraph on why you wish to develop in Culver City.|109| Developer's Financial Qualifications A statement of the developer's financial qualifications and an audited or reviewed financial statement of the development entity or the individual entities which comprise the development team must be submitted. Submittal should include information as outlined in the Developer's Statement of Financial Responsibility (EXHIBIT 1). Proposers should describe their ability to raise equity/debt dollars, including current relationships with major lenders, and their ability to provide for ongoing operation and maintenance of project. Provide information regarding financing and equity arrangements for the three projects listed as developer's relevant experience. Attachments: EXHIBIT 1 — DEVELOPER'S STATEMENT OF FINANCIAL RESPONSIBILITY EXHIBIT 2— FINANCIAL INFORMATION RELEASE AUTHORIZATION EXHIBIT 3- CERTIFICATION OF CORRECTNESS OF STATEMENT OF FINANCIAL RESPONSIBILITYEXHIBIT 1 DEVELOPER'S STATEMENT OF FINANCIAL RESPONSIBILITY Please provide the following information: (For confidential Agency office use only) 1. a. The financial condition of the developer, as of December 31, or later, as is reflected in the attached financial statement, (NOTE: Attach to this statement an audited certified financial statement or a reviewed financial statement from a Certified Public Accountant showing the assets and liabilities, including contingent liabilities, fully itemized in accordance with accepted accounting standards and based on a proper audit. Also attach an interim balance sheet no more than three months old and a statement from a Certified Public Accountant as to any material changes in developer's financial condition. b. Name and address of auditor or Certified Public Accountant who performed the audit or review of the attached financial statement. 2. If funds for the development of the project are to be obtained from sources other than developer's own funds, a statement of the developer's plans for financing the acquisition and development of the land is required. Sources and amount of cash available to developer to meet equity requirements of the proposed undertaking: a. In Bank(s): Account Holder Name Bank Account # Address Zip Code Amount $ Account Holder Name Bank Account # Address Zip Code Amount $ b. Through loans from affiliated or associated corporation or firms: Name Address Zip Code Amount $ c. Through sales of readily saleable assets: Mortgages Description Market Value $ Mortgage of liens $ 4. Names and address of bank references Name Address Name Address 5. Has the developer or (if any) the parent corporation of any subsidiary or affiliated corporation of the developer's offices or principal members, shareholders or investors, or other interested parties, been adjudged bankrupt, either voluntary or involuntary, within the past ten years: Yes No If yes, give date, place, and under what name.EXHIBIT 2 FINANCIAL INFORMATION RELESAE OF AUTHORIZATION (on your letterhead) (Date) (Contact Person) (Financial Institution) (Address) Dear (Firm Name) has submitted a proposal to the Culver City Redevelopment Agency to enter into negotiations for the purpose of developing a residential project located in Culver City. As part of the screening process, the Agency may need to contact you about our banking relationship. I (We) authorize you to provide the Agency or their consultants with the information they require, with the understanding that all information provided will be kept confidential to the extent permitted by law. Sincerely,EXHIBIT 3 CERTIFICATION OF CORRECTNESS OF STATEMENT OF FINANCIAL RESPONSIBILITY I (We) , certify that this confidential "Statement of Financial Responsibility) and the attached evidence of the developer's financial status, including financial statements, are true and correct to the best of my (our) knowledge and belief. Date Date Signature Signature Title Title Address Address City, State, Zip Code City, State, Zip Code If the developer is a corporation, this Statement should be signed by the president and secretary of the corporation; if any individual, by such individual; if a partnership, by one of the general partners; if an entity not having a present or secretary, by one of its chief officers having knowledge of the financial status and qualifications of the developer. 27Attachment No, 5 eAr CITY REDEVELOPMENT AGENCY STATEMENT OF INTEREST IN PARTICIPATING I hereby express my interest in participating in the redevelopment of the property located at 11042 — 11056 Washington Boulevard, Culver City, California and submit the following information: I am a resident within the above listed site. (Please check the appropriate item that applies to you) 1. Name 2. Telephone 3. Name of Business and Property Owned or Leased within the Project Area, if any 4. Address of Business and Properly Owned or Leased within the Project Area, if any 5. Type of Business and Property Owned or Leased, if any (i.e., commercial, industrial, residential) 6. I own lease the subject property. 7. I am am not interested in participating in the redevelopment of the subject property or other property in the Project Area. 8. If I participate: I would like to redevelop all or a portion of the above listed property. I would like to redevelop other property in the Project Area. 9. Attachments: If I have stated I am interested in participating in the redevelopment of the above described property or other property within the Project Area, I have attached the following documents: a. a description of my proposed project, including any conceptual/drawings plans I may have; b. my proposed development schedule; c. evidence of my financial ability to complete my proposed project; 9770 CULVER BOULEVARD CULVER CITY, CA 90232-0507 TEL 310.253.5760 FAX 310.253.5779 www.culvercity.orgd. a statement regarding any lease commitments which I may have; and e. any additional information I feel is appropriate. 10. Remarks (if any): I understand submission of this Statement of Interest form does not obligate me to participate in carrying out the Redevelopment Plan or for the Culver City Redevelopment Agency to agree to my participation. Dated: Signed: 22 |1013|