The Los Angeles County Metropolitan Transportation Authority on Thursday approved exclusive negotiation rights for a mixed-use commercial and affordable-housing complex next to the Metro Gold Line tracks in Boyle Heights.
The Metro board voted 10-1 to negotiate with developer A Community of Friends on the $23.1-million project, which would be built on agency land at 1st and Lorena streets.
Metro is working to double the number of mixed-use projects it owns in Los Angeles County. The developments follow Mayor Antonio Villaraigosa’s “elegant density” theory: accommodating expected population growth by clustering mixed-use projects around bus and rail stations.
Metro owns 16 developments near transit stations, including the Wrigley Marketplace shopping center in Long Beach and Grand Central Market in downtown Los Angeles. Three projects are under construction, and 12 others are in negotiation, including the complex proposed for 1st and Lorena, the agency said.