FY 2014 ANNUAL REPORT

ULI LOS ANGELES 700 South Flower Street Suite 1406 Los Angeles, CA 90017 213.221.7827 www.la.uli.org

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URBAN LAND INSTITUTE LOS ANGELES

FY 2014 ANNUAL REPORT

About the ULI Founded in 1936, the Urban Land Institute is a 501(c)(3) nonprofit research and education organization dedicated to providing leadership in the responsible use of land and in creating and sustaining thriving communities worldwide. ULI has nearly 33,000 members worldwide, representing the entire spectrum of land use and development disciplines. ULI Los Angeles, a district council of the Urban Land Institute, carries forth the ULI mission as the preeminent real estate forum in Southern California, facilitating the open exchange of ideas, information and experiences among local, national and international industry leaders and policy makers. With almost 1,700 members across the Los Angeles region, ULI Los Angeles represents one of the Urban Land Institute’s largest District Councils. As a nonpartisan organization, the Institute has long been recognized as one of America’s most respected and widely quoted sources of objective information on urban planning, growth, and development.

ULI Los Angeles Staff In February 2014, ULI Los Angeles welcomed Jonathan Nettler as the new Director of the District Council. Prior to joining ULI LA, Jonathan served as Managing Editor of Planetizen and Project Manager/Project Planner for Ehrenkrantz Eckstut & Kuhn (EE&K) Architects.

S. GAIL GOLDBERG Executive Director

Jonathan Nettler Director

FY 2014 ANNUAL REPORT

MATTHEW SEVERSON Senior Associate

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Message from the Chair Fiscal year 2014 was an impressive year for the Los Angeles District Council of the Urban Land Institute. With the help of our many dedicated volunteers and our exceptionally talented and hard-working staff, we were able to achieve many of the goals that we set for ourselves. Our Council has worked diligently to improve our financial position following a challenging period in our industry. To name a few successes, the Los Angeles District Council:

David Waite ULI Los Angeles Chairman

• Offered 43 programs throughout the year for our members and guests with 2,939 attendees; • Launched the “GROW” mentorship program through the Women’s Leadership Initiative (WLI), matching 30 mid-level professionals with female industry leaders • South Park Technical Assistance Panel (TAP) – Completed a preliminary study of criteria and considerations that could guide the future development of the South Park neighborhood; • Provided mentorship to over 50 Young Leaders through the Partnership Forum; • Increased membership retention from 67.5% in FY13 to 74.3% in FY14; • Partnered with VerdeXchange on FutureBuild and the Southern California Association of Governments on Urban Marketplace; • Continued engagement with the City of Los Angeles on land use policy and practice--Mayor Garcetti delivered his first Executive Directive announcing the “Great Streets Initiative” at Transit Oriented Los Angeles (ToLA); • Exclusive members-only reception at Dodger Stadium; • Commenced work on a LA River study funded by a ULI Foundation urban innovation grant; • Established local Building Healthy Places Initiative in coordination with ULI national agenda; • Met and exceed our FY14 budget expectations by nearly $50,000; and • Increased FY14 sponsorship revenue by over $30,000 (annual + event). As a result of all of these efforts, we continue to attract industry leaders while expanding and broadening the diversity of our membership base. We have increased the depth and breadth of our program offerings and land use initiatives, while engaging our sponsors with new and innovative platforms. We have provided a breadth of advisory services and technical assistance programs that create measurable impacts in our community. Above all, we have provided professional growth and leadership opportunities to our members. None of this would be possible without the generous support of our sponsors and the disciplined management skills of our staff and our leadership team. I thank all of you for contributing to the success of our District Council and look forward to a successful 2015.

David P. Waite, ULI Los Angeles Chairman December 2014

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FY 2014 ANNUAL REPORT

“As a result of all of these efforts, we continue to attract industry leaders while expanding and broadening the diversity of our membership base.” - David Waite ULI Los Angeles Chairman

FY 2014 ANNUAL REPORT

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Special Thanks To Our FY 14 Sponsors The activities of ULI Los Angeles are made possible by the generous support of our sponsors and individual donors.

PLATINUM

GOLD

SILVER

37%

This fiscal year, sponsorship contributions accounted for 37% of the District Council’s revenue.

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AECOM Altoon Partners Bank of America CBRE Continental Development The Jerde Partnership

Lowe Enterprises Morgan Stanley Tishman Speyer SKANSKA Watt Companies Westfield

BRONZE AMLI Residential Beacon Capital Partners California Golden Fund/Kosmont Cuningham Group Architecture Gensler

FY 2014 ANNUAL REPORT

HOK HR&A Advisors, Inc. Melendrez Morley Builders Perkins + Will

membership

membership Chair

Throughout the year, the District Council hosts a variety of special membership events to celebrate the commitment and dedication of members. Championed by the Membership Committee, social events give members the opportunity to mix, mingle, and make the most of their membership. The Membership Committee strives to improve the quality of the ULI membership experience, improve retention, expand membership, increase membership diversity and understand the needs and wants of members.

Lev Gershman Tideline Partners

ULI MEMBERShip BY THE NUMBERS STUDENT

12% 189

MEMBERS

UNDER 35

ASSOCIATE

20% 325 MEMBERS

45% 720 MEMBERS FULL

23% 366 MEMBERS 1,600 Total Members for FY 2014

FY 2014 ANNUAL REPORT

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Programs Chairs

ULI Los Angeles Programs ULI Los Angeles offers programs that provide a bird’s eye view of what lays ahead in the real estate industry, where land use professionals need to be to stay competitive, and how to prosper in the world of real estate development. A variety of programs provide the opportunity to learn from the latest developments and best practices in land use throughout the region. This fiscal year, we delivered over 40 timely and relevant programs for almost 3,000 attendees.

Case Studies & Site Tours

StimULI Breakfasts

Meet & Greet Receptions

Luminaries Receptions

7 events with 670 total attendees Jim Suhr James Suhr & Associates

4 events with 198 total attendees

Seth Merewitz Best Best & Krieger LLP

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FY 2014 ANNUAL REPORT

8 events with 360 total attendees

1 event with 30 total attendees

Case Studies and Site Tours The Case Study & Site Tour program offers a first-look preview of new and innovative real estate projects throughout the region. Showcasing best practices in development, members learn about project challenges and successes from key project stakeholders. --------

CBRE Downtown LA Ace Hotel Downtown Los Angeles (United Artists Theater) & Los Angeles Theatre Wallis Annenberg Center for the Performing Arts The Port of Long Beach The Village at Santa Monica and Tongva Park Governor George Deukmejian Courthouse, Long Beach Bradley West International Terminal at LAX

TOP 3 ULI LA EVENTS IN FY2014 1. Urban Marketplace

288 Attendees

2. Transit oriented los angeles

248 Attendees

3. FutureBuild

156 Attendees Indicates 10 Attendees

FY 2014 ANNUAL REPORT

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StimULI Breakfasts The StimULI Breakfast Series delves into various real estate development trends and current land use with a panel of industry experts. This series provokes thought-leadership in an interactive and dynamic forum. ---------

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Hollywood is Hip Again The California Drought Can L.A.’s Streets Be Great? Marching Towards Net Zero The XYZ’s of Real Estate Building Better Suburbs Middle Market Money Public Art in the Built Environment

FY 2014 ANNUAL REPORT

Meet & Greet Receptions Meet & Greet Receptions provide the opportunity for land use professionals to learn about and discuss current projects, initiatives, and the future goals of prominent public officials. -----

Curren Price, Councilmember, City of Los Angeles 9th District Mitch O’Farrell, Councilmember, City of Los Angeles 13th District Lucy Jones, Seismologist to the City of Los Angeles Marcie Edwards, General Manager of the Department of Water and Power

Luminaries Receptions The Luminaries Reception series honors top Los Angeles real estate icons with an intimate reception to gather insight and perspective regarding leadership, lessons learned, and what ULI means to them. -- John C. Cushman, III

The Luminaries Reception series is hosted by Allen Matkins at their downtown Los Angeles office and Craft Restaurant in Century City.

FY 2014 ANNUAL REPORT

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signature events This year we hosted 3 signature events, celebrating our annual tradition of highlighting innovative policies and best practices that are helping shape the built environment. • Transit Oriented Los Angeles is a summit where attendees learn the latest on how innovative transportation planning can enhance the health and wellness of both people and neighborhoods. Transit Oriented LA October 10, 2013

• FutureBuild is a dynamic forum exploring the holistic approach to sustainable building and operations: technology, financial feasibility, design, construction, retrofits and policy. • Urban Marketplace is a conference and expo designed to promote real estate investment opportunities and development strategies for LA’s lower income and higher poverty neighborhoods.

FutureBuild January 28, 2014

Urban Marketplace April 23, 2014

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FY 2014 ANNUAL REPORT

Transit Oriented Los Angeles

ToLA 2013 Co-Chairs

Transit Oriented Los Angeles 2013 expanded the planning agenda from individual transit stations to a transformation of corridors, in order to achieve a truly transitoriented region. At ToLA 2013, ULI LA presented the results of two groundbreaking studies: The Corridor Project, funded by a ULI Foundation Urban Innovation Grant, which: • Expanded the planning agenda from individual transit stations to corridors that strengthen and connect communities.

Alexander Kalamaros Metro

• Shifted the public dialogue from single developments to broader urban design issues. • Focused on linking stations, improving access to transportation, and creating walkable and aesthetically pleasing streetscapes, so that individuals and communities can enjoy greater benefits from transit systems. The Building Reuse Partnership, with the National Trust for Historic Preservation, which: • Provided a plan to increase adaptive reuse in the City of Los Angeles. • Demonstrated how to spur economic recovery, create jobs, reduce carbon emissions and foster sustainable development.

Jim Auld Altoon Partners

• Focused on development opportunities for older vacant buildings along corridors.

FY 2014 ANNUAL REPORT

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FutureBuild 2014 Chair

FutureBuild FutureBuild 2014 explored how The Great Recession left a landscape of broken business models and bright horizons. The conference explored how every real-estate sector has adapted – some recovering, others struggling, others dramatically reinventing themselves. Themes and sectors included: • Opening Plenary: Why Cities and Regions are the Solution to Global Climate Change

Silvia Saucedo Saucedo Group

• Micro Grids for Smarter Buildings and Communities: Overcoming Issues of Central Power Reliance. Addressing the Challenges of Dependence on Individual Power Generation. Designing a Local Power Grid for Development. • Housing & Retail—Micro Apartments, Pop-up Retail and 3D Printed Houses: The Link between Compact Residential Design and Enhanced Public Spaces. The Future of Construction and Production using contour crafting technologies. Changing Demographics Means Changing Development Types. • 21st Century Corporate Office – What happened to my cube?: Commercial Real Estate Embraces Flex Space and Open Floorplans. Pioneering the Untethered Office Space. The Evolution of Corporate Office Culture. • Guerrilla Planning & Urban Acupuncture: Smart, Quick Fixes for Transportation, Retail, Open Space. Reinvigorating the Public Realm. Neighborhoods Taking Initiative to Reclaim Their Communities. Small Interventions with Transformational Qualities. • Healthy Facilities & Communities by Design: How Communities are Becoming Healthier through the Built Environment.

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FY 2014 ANNUAL REPORT

URBAN MARKETPLACE At the 14th annual Urban Marketplace, the half-day conference and expo designed to promote real estate investment in LA’s lower income and higher poverty neighborhoods, attendees heard from an exclusive keynote panel and participated in 20+ interactive roundtable discussions led by industry leaders who have made meaningful and innovative contributions to the urban environment. Urban Marketplace 2014 highlighted:

Urban Marketplace 2014 Chair

• Major investments to be made on the LA River Revitalization Plan, healthcare facilities and surrounding neighborhoods, and new development around USC and UCLA • Tools proven to make infill deals a reality • Senior staff from cities promoting development opportunities and incentive programs

FY 2014 ANNUAL REPORT

Ryan Aubry Greenland US Holding, Inc.

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COMMITTEES ULI Los Angeles is a member-led organization committed to providing high-quality programming to the region. Members can get involved by attending events or by becoming active with one of our local committees. Communications Helps capture content and spread the word. The Communications Committee elevates ULI’s external visibility and fosters greater member engagement by implementing the best technologies to improve our email, website and blog, social media, and video communications. CHAIR: Jack Skelley, JSPR

Programs Champion a program to facilitate thought leadership. The Program Committee strives to deliver timely, compelling and innovative content. In addition to the Steering Committee, there are four subcommittees, which include Case Studies & Site Tours, Meet & Greets/Movers & Shakers, Luminaries Receptions, and StimULI Breakfasts, that each coordinate regular monthly programming. Opportunities exist both at the Steering Committee level, as well as Subcommittee level. CO-CHAIRS:Seth Merewitz, Best Best & Krieger Jim Suhr, James Suhr and Associates

Membership Welcomes and engages new members. The Membership Committee strives to improve the quality of the ULI membership experience, improve member retention, expand membership, and increase membership diversity. The membership team hosts social events to connect members and works with all other committees to understand and serve the needs of ULI LA members. CHAIR: Lev Gershman, Tideline Partners

Building Healthy Places Shapes projects and places to improve the health of people and communities. The ULI LA Building Healthy Places Initiative is developing a multifaceted program—including research and publications, convenings, and advisory activities—to leverage the power of the Institute’s global networks to shape projects and places in ways that improve the health of people and communities. CO-CHAIRS: Richard A, Lawrence, Law Offices Jonathan Curtis, California Golden Fund

Young Leaders Group Fosters an understanding and connection to the ULI mission. The Young Leaders Group (YLG) provides an opportunity for young professionals to connect to and participate in the ULI mission through active involvement and leadership development opportunities that produce future leaders. CO-CHAIRS: Peter Hillakas, Newmark Realty Capital Sara Kramer, Westfield

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FY 2014 ANNUAL REPORT

Women’s Leadership Initiative Raises the visibility of women in ULI and the real estate industry. The Women’s Leadership Initiative (WLI) works to increase the visibility of women in ULI Los Angeles, assist with career path advancement, and provide networking opportunities in the Los Angeles and Southern California region. WLI is comprised of three subcommittees which include Career Advancement, Engagement, and Liaison. CHAIR: Charmaine Atherton, Bank of America Merrill Lynch

Technical Assistance Panels Provides expertise and support to nonprofit and public entities. The Technical Assistance Panels (TAPs) Committee draws from ULI Los Angeles’ seasoned professional membership to provide expert, multidisciplinary advice to public agencies facing complex land use and real estate issues.

FutureBuild Explores the future of the built environment. The FutureBuild Committee hosts FutureBuild, a dynamic forum exploring the holistic approach to sustainable building and operations: financial feasibility, technology, design, construction, retrofits and policy. CHAIR: Silvia Saucedo, Saucedo Group

Urban Marketplace Promotes best practices with leaders at the forefront of revitalizing underserved communities. The Urban Marketplace Committee hosts Urban Marketplace, a unique event where attendees can meet with industry leaders to learn about the latest real estate trends and opportunities essential to the successful development of urban infill projects. CHAIR: Ryan Aubry, Greenland US Holding, Inc.

CO-CHAIRS: Bob Gardner, RCLCO Jonathan Watts, Cuningham Group Architecture

Transit Oriented Los Angeles Helps guide the expansion of transit through the promotion of active mobility choices. The Transit Oriented Los Angeles (ToLA) Committee organizes programming which emphasizes the connection between transportation and land use, and promotes active mobility opportunities to enhance livability in Los Angeles. CO-CHAIRS: Jim Auld, Altoon Partners Alexander Kalamaros, Metro

FY 2014 ANNUAL REPORT

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Land Use Leadership Committee Co-Chairs

Melani Smith Melendrez

Land Use Leadership Committee The Land Use Leadership Committee (LULC) demonstrates leadership in addressing Southern California’s urban land use policy issues to benefit our cities, create thriving communities and improve our quality of life. This invitation-only committee is comprised of thought leaders from a diverse cross-section of land use disciplines who are tasked with identifying the critical issues where the District Council can provide positive influence, and direct the initiatives that arise to the appropriate committees or local product councils within ULI LA. For the 2014 Fiscal Year, the Committee helped guide the organization’s engagement with the City of LA’s Development Services Reform, “ReCode LA” zoning code update, and Great Streets Initiative, among other topics. A steering committee of LULC members also directed the production of a ULI Urban Innovation Grant-funded report on the intersection of LA River revitalization efforts and river-adjacent rail uses.

John Given City Build Advisors

The Land Use Leadership Committee helped steer the river/rail project, funded by the ULI Foundation.

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FY 2014 ANNUAL REPORT

HOUSING COUNCIL

HOUSING Council Chair

The Housing Council serves as a forum to discuss housing industry issues and to provide solutions to increase housing production in Los Angeles. The council hosts a First Friday monthly series of “Brown Bag Lunches” to talk about issues surrounding housing in the Los Angeles region and brings together industry leaders to engage in lively discussion. This year’s featured Housing Council topics included: -- LA Housing Markets: Robust Recovery or Anemic Growth? -- The Future of Affordable/Attainable Housing in Los Angeles -- California SB 628 and AB 229 - Enhanced Infrastructure Financing Districts

Ehud Mouchly READI LLC

-- Gentrification: Is It Harmful or Beneficial for the Housing Recovery and Economic Development in the LA Region? -- Structuring and restructuring: Lessons learned from making affordable housing projects more feasible: Case Studies from Northern California -- Design and planning considerations for [affordable and market-rate] housing solutions for boomers and older Angelenos -- The LA Region Housing Markets – Understanding the Indicators for Fun and Profit -- Affordable Housing Development Costs in California: In Line, or Out of Line? -- “3-D Printing” Technology for Efficient and Lower-Cost Production of MarketRate and Low-Mod Income (“Affordable”) Housing -- Regional Planning: Housing, Demographic Trends, Growth Forecasting -- Community Land Trusts – What Are They, and How Do They Create Permanently Affordable Housing -- Trending and Blending: Hot Buttons in Residential Mixed Use -- The New Realities of Public Housing -- Small-Lot SFD Housing in the City – an Innovative niche housing product -- Parcel M @ Grand LA (within the Grand Avenue Project in Downtown Los Angeles): A Mixed Income (“80/20”) Residential Development -- Veterans Housing Projects Case Studies: ND Sepulveda I/II at VA’s medical campus in North Hills and Marmion Way Apartments in Cypress Park -- One Santa Fe, the Mixed Use Joint Development Project in the Los Angeles Arts District

FY 2014 ANNUAL REPORT

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Capital Markets Council Chair

CAPITAL MARKETS COUNCIL The Capital Markets Council serves as a platform for dialogue around real estate capital and serves to provide creative solutions to sourcing development financing in the Los Angeles region. In addition to meeting quarterly, the Capital Markets Council hosts the annual Capital Markets Breakfast program. The program brings together a panel of debt and equity experts to discuss where the capital markets for real estate and debt equity is heading and where opportunities lie.

Kev Zoryan Morgan Stanley

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In 2014, the Capital Breakfast event explored the upward trends in the capital markets and discussed the full spectrum of capital market products with a group of debt and equity experts. Experts offered their view on where they felt the capital markets for real estate debt and equity where headed and where the opportunities lied. The breakfast panel was moderated by Kevin M. Ehrhart, Partner at Latham & Watkins.

FY 2014 ANNUAL REPORT

Women’s Leadership Initiative

Women’s Leadership Initiative Chair

The mission of the ULI Women’s Leadership Initiative (WLI) is to raise the visibility and number of women leaders in ULI and the real estate industry. The efforts of the Women’s Leadership Initiative are expressed in promoting the advancement of women throughout their careers as leaders in the real estate industry. WLI works to increase the visibility of women in ULI Los Angeles, assist with career path advancement, and provide networking opportunities in the Los Angeles and Southern California region. In addition to Council wide meetings, the WLI has various subcommittees that meet on a regular basis. This year, the WLI Career Path Advancement Subcommittee launched the GROW mentorship program. GROW (Grow Relationships and Opportunities at Work) is a small group of ULI members consisting of eight to twelve ULI members who are mid-level in their careers and one Industry Leader (a female ULI Full member). These small groups meet every other month to discuss topics related to the many facets of real estate, development, land use and career and professional development.

Charmaine Atherton Bank of America Merrill-Lynch

The GROW mentorship program paired 30 mid-level participants with female industry leaders. Mentees explored issues that their peers may be facing in their careers, such as: career enrichment, guidance on next steps, career advice, balancing professional and private life, engagement, exposure to various professionals in the real estate community, and networking.

FY 2014 ANNUAL REPORT

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Young Leaders Group Co-Chairs

Peter Hillakas Newmark Realty Capital

Young Leaders Group The mission of the ULI Los Angeles Young Leaders Group (YLG) is to create opportunities for young professionals to develop skills and build relationships that will help them advance in their careers, to help foster a connection to, and an understanding of, thoughtful land use and development practices, and to build a desire to remain active in the Los Angeles District Council and ULI National after they pass the Young Leader age threshold. The Los Angeles District Council has over 1,600 members, over 400 of which are under the age of thirty-five and fall into the category of Young Leaders. In addition to 10 educational and social programming and events held in the fiscal year, the Young Leaders Group Matched over 70 young professionals with industry leaders through their Young Leaders Group (YLG) Mentor Program. Partnership Forum Mentor Program: The ULI LA YLG Partnership Forum provides an ongoing opportunity to share and discuss with a group of peers the issues that real estate professionals and related industry professionals face each day. Sharing many of the same characteristics as a ULI Product Council the ULI Partnership Forum is reminiscent of the tradition of ULI’s culture of sharing experiences gained, mistakes made and lessons learned.

Sara Kramer Westfield

Additional attributes the ULI LA YLG Partnership Forum provides: • A confidential, trusting environment for educational and idea exchanges • Exploration of business and personal interests/issues • Business and personal networking • Development of people skills • Professional and personal growth ULI Los Angeles Under 35 Member Retention Rates FY13 ULI LA RETENTION

52.6% FY14 ULI LA RETENTION

57.8% FY14 NATIONAL RETENTION

57%

40%

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50%

FY 2014 ANNUAL REPORT

60%

Young Leaders Group Events The Young Leaders Group (YLG) provides an opportunity for young professionals to connect to and participate in the ULI mission through active involvement and leadership development opportunities that produce future leaders. -----------

Supper Series with David Simon, EVP of Kilroy Realty Case Study & Site Tour: Millennium Del Rey Community Service: LA River Clean-Up and Networking Lunch Breakfast Series: John Brady, Head of Global Real Estate Group, Oaktree Capital Management Critical Thinking in Asset Management Winter Social Holiday Toy Drive Social Art of Development Series: Increasing Density in Urban Development Case Study & Site Tour: azalea Regional Shopping Center – A Transformative Urban Infill Project in South Gate Summer Social

In FY14, YLG events engaged over 150 attendees.

FY 2014 ANNUAL REPORT

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Technical Assistance Panels TAP Committee co-Chairs

Jonathan Watts Cuningham Group

Bob Gardner RCLCO

In keeping with the Urban Land Institute mission, Technical Assistance Panels (TAPs) are convened to provide planning and development assistance to public officials and local stakeholders of communities and nonprofit organizations who have requested aid in addressing their land use challenges. Technical Assistance Panels — offered by the ULI Los Angeles District Council – provide expert and objective advice which can save immeasurable research, time and costs. A group of diverse professionals representing the full spectrum of land use and real estate disciplines typically spend one day visiting and analyzing the built environments, identifying specific planning and development issues, and formulating realistic and actionable recommendations to move initiatives forward in a fashion consistent with the applicant’s goals and objectives. During the 2014 fiscal year, ULI LA successfully completed a Technical Assistance Panel for the South Park Business Improvement District (BID). South Park BID Objective: Given the potential of the neighborhood to house a growing population in a healthy and dense urban setting, the South Park Business Improvement District (BID) asked the Urban Land Institute’s Los Angeles District Council to make a preliminary study of criteria and considerations that could guide the future development of the South Park neighborhood. ULI used a modified Technical Advisory Panel (TAP) model for this project, meeting over a two-day period instead of the customary one-day format, focusing primarily on actions within the legal and political power of the South Park BID to enact for the purposes of making the most of this once in a lifetime opportunity for redevelopment in the center of Los Angeles.

Panel Recommendation: The TAP believes that the success of South Park won’t be defined by questions of land use, but rather by design quality outcomes. Although the neighborhood’s stakeholders should encourage dense development, more important than floor area ratios is that those developments knit together a vibrant mix of residential, retail, and commercial uses, transit, open space, and inviting streetscapes to create a livable and healthy community. Interim programming for uses such as ground floor retail and the current excess of parking can help transition the neighborhood. Given the momentum gathering for development in the area, much of the BID’s influence and impact can take place in the public realm, by improving the streetscapes and redefining the neighborhood’s network of alleyways. The BID must also focus on knitting together the disparate existing neighborhoods—south of Pico with north, and east of Flower with the L.A. Live area—and strengthening connections to adjoining districts to form a vibrant and cohesive whole. Major conclusions were developed by the panel targeting a variety of topics, including land use, planning and development approval, the public realm, transit, advocacy, economic development and interim uses. To advance the panel’s recommendations that the public realm be enhanced through the neighborhood’s existing network of streets and alleys, the South Park BID conducted a follow-up study the “Green Alleys in South Park” visioning report—which was published in October 2014.

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FY 2014 ANNUAL REPORT

Special Projects The revitalization of the Los Angeles (LA) River is one of the most exciting urban projects in the nation. Transforming the river is at the forefront of Los Angeles Mayor Eric Garcetti’s agenda; and the United States Army Corps of Engineers recently recommended the approval of a $1.08 billion plan to restore a significant portion of the 51-mile waterway. A major element of the revitalization effort focuses on increasing access to and along the River itself. But many of the most exciting and challenging opportunities reside in Downtown LA, where the river is abutted by active rail tracks and rail yards. This rail infrastructure for both goods and passenger movement is, and will continue to be, critical to the regional economy. The revitalization of the LA River is a legacy project. It has the potential to create a critical open space amenity for the region, connect some of Los Angeles County’s most culturally rich and distinct neighborhoods, provide a non-vehicular transportation corridor through downtown and the region, restore an ecological asset, foster economic development and redress historic environmental injustices. However, moving forward effectively with revitalization efforts will require coordination among the project’s many major stakeholders, including rail agencies and companies, each of which has its own goals and long term plans. At ULI’s Fall Meeting in Chicago in 2013, ULI LA was awarded an Urban Innovation Grant from the ULI Foundation to examine where current rail and river uses intersect (and how those relationships may change in the future), explore relevant case studies, suggest opportunities for mutually-beneficial partnerships, and recommend steps for ensuring effective outreach and coordination among the many stakeholder groups. During FY 2014, ULI LA met with representatives from a variety of river and rail stakeholder groups and conducted case study research as part of the information gathering phase of the project. The final report is expected to be published in December 2014.

FY 2014 ANNUAL REPORT

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FINANCES FY2014 Revenue POLICY+ PRACTICE

6%

POLICY+ PRACTICE

6% FY 14 REVENUE

PROGRAMS

Sponsorship Membership Programs Policy + Practice

$ 229,417 $ 171,533 $ 144,100 $ 35,000

Total Revenue

$ 580,050

25%

SPONSORSHIP

25%

SPONSORSHIP

40%

PROGRAMS

40% MEMBERSHIP

30%

MEMBERSHIP

30%

FY2014 COMMUNICATIONS

Expenses MEMBERSHIP

1%

MEMBERSHIP SPONSORSHIP

POLICY + PRACTICE

SPONSORSHIP

1% 6% 6%

FY 14 EXPENSES Administration Programs Policy + Practice Communications Membership Sponsorship

$376,770 $ 99,709 $ 29,079 $ 5,302 $ 661 $ 526

Total Expenses

$ 509,868

.1%

COMMUNICATIONS POLICY + PRACTICE

.1% .1% .1%

PROGRAMS

20%

PROGRAMS

20%

ADMINISTRATION

74%

ADMINISTRATION

74%

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FY 2014 ANNUAL REPORT

Leadership FY14 Advisory Board David Waite, Cox, Castle & Nicholson David Abel, Abel & Associates Ronald Altoon, Altoon Partners Architects Ryan Altoon, AndersonPacific, LLC Charmaine Atherton, Bank of America Merrill Lynch Ryan Aubry, Greenland USA Jim Auld, Altoon Partners Architects Michael Banner, Los Angeles LDC Donald Brackenbush, Public Private Ventures, Inc. Richard Bruckner, County of Los Angeles Jonathan Curtis, California Golden Fund Renee Dake Wilson, DAKE WILSON ARCHITECTS Clare DeBriere, The Ratkovich Company Ron Frantz, Haworth Companies Bob Gardner, RCLCO George Garfield, Transwestern Commercial Services Lev Gershman, Tideline Partners John Given, City Build Advisors Lauren Hanson, ValleyCrest Landscape Companies Peter Hillakas, Newmark Realty Capital Lew Horne, CB Richard Ellis Inc. Con Howe, CityView Brian Jones, BMJ Advisors Elaine Kanelos, Peithos Consulting Group Gadi Kaufmann, RCLCO Tim Kawahara, UCLA Ziman Center for Real Estate Paul Keller, Mack Urban, LLC. Sara Kramer, Westfield Sandra Kulli, Kulli Marketing Richard Lawrence, Richard Lawrence Law Craig Lawson, Craig Lawson & Co Taylor Mammen, RCLCO Rebecca Martinez, Cuningham Group Architecture John Menne Mitch Menzer, Paul, Hastings, Janofsky & Walker, LLP Seth Merewitz, Best, Best & Krieger Ehud Mouchly, READI, LLC Tom Neary, SKANSKA Richard Newman, Lowe Enterprises Real Estate Group, West Bill Roschen, Roshen Van Cleve Architects Alex Rose, Continental Development Dan Rosenfeld, George Crenshaw Development Peter Roth, Allen Matkins Leck Gamble Mallory & Natsis LLP Silvia Saucedo, Saucedo Group Gregory Schultz, First American Title Insurance Co. Ronald Silverman, Cox, Castle & Nicholson Jack Skelley, JSPR Melani Smith, Melendrez

Jim Suhr, James Suhr & Associates Nadine Watt, Watt Companies Wayne Ratkovich, The Ratkovich Company Sherry Rudnak, BAE Economics Martha Welborne, LA Metropolitan Transportation Authority John Whitaker, DLA Piper William Whitney, Whitney & Whitney Dafna Zilafro, Matt Construction Kevork Zoryan, Morgan Stanley | Merchant Banking

FY14 Management Committee David Waite, Cox, Castle & Nicholson Ryan Altoon, AndersonPacific, LLC Ronald Altoon, Altoon Partners Architects Charmaine Atherton, Bank of America Merrill Lynch Ryan Aubry, Kosmont Michael Banner, Los Angeles LDC Jonathan Curtis, California Golden Fund Clare DeBriere, The Ratkovich Company Bob Gardner, RCLCO Lev Gershman, Tideline Partners Lauren Hanson, ValleyCrest Landscape Companies Peter Hillakas, Newmark Realty Capital Sara Kramer, Westfield Richard Lawrence, Richard Lawrence Law Craig Lawson, Craig Lawson & Co Taylor Mammen, RCLCO John Menne Seth Merewitz, Best, Best & Krieger Ehud Mouchly, READI, LLC Tom Neary, SKANSKA Alex Rose, Continental Development Sherry Rudnak, BAE Economics Ron Silverman, Cox, Castle & Nicholson LLP Jack Skelley, JSPR Melani Smith, Melendrez Dafna Zilafro, MATT Construction Kevork Zoryan, Morgan Stanley | Merchant Banking

FY14 Governance Committee Ronald Altoon, Altoon Partners Architects Michael Banner, Los Angeles LDC, Inc. Donald Brackenbush, Public Private Ventures, Inc. Richard Lawrence, Law Offices of Richard A. Lawrence John Menne Wayne Ratkovich, The Ratkovich Company Alex Rose, Continental Development Corporation Ronald Silverman, Cox, Castle & Nicholson Thomas Larmore, Harding, Larmore, Kutcher & Kozal LLP

FY 2014 ANNUAL REPORT

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