Final Environmental Impact Report
Project Description: The Proposed Project (“The City Market of Los Angeles”) seeks to redevelop an approximately 10-acre project site across portions of four blocks in Downtown Los Angeles. The Project Site is currently developed with approximately 115,249 square feet (sf) of improved structural floor area, of which only 59,000 sf is currently occupied and operational with warehouse, wholesale, office, bank, and storage land uses, and associated surface parking lots. The Proposed Project seeks to demolish up to approximately 91,729 sf of the existing structures on the Project Site and redevelop the Project Site with a mixed-use project with a maximum of approximately 1,719,658 sf of total developed floor area. The Proposed Project is anticipated to be built out over a proposed 25-year period and would include the construction of approximately 945 multiple residential dwelling units, approximately 210 hotel rooms, approximately 294,641 sf of commercial (including medical and general office) and manufacturing uses, approximately 224,862 sf of retail floor area (including restaurants, bars, event space, wholesale uses, and a cinema with approximately 744 seats), and approximately 312,112 sf of corporate/educational campus floor area. The Project would include approximately 3,670 parking spaces in above and below grade parking structures. Proposed building heights would range from three stories to 38 stories (max. 435 feet above grade). The total project net square footage of development would not exceed an FAR of 4.10:1 or 1,719,658 sf.
