Below is information on the Proposed
Ponte Vista Development:
Update 4/1/11: The property owner, I-Star, announced plans to construct 1,135 units consisting of 143 single-family, 600 condominiums, and 392 apartments. Currently they are in the process of conducting the environmental review required by the City of Los Angeles. Recently their traffic consultant met with our Planning and Land Use Committee to discuss the methodology they are using in the traffic study. On the positive side, it appears that they are using more reasonable traffic generation formulas. Nevertheless, there is more work to be done to provide a satisfactory analysis. The NWSPNC Planning and Land Use committee made it clear that we expect them to go beyond the city requirements to realistically project “believable” impacts. Of particular concern to the committee is that the developer find a way to factor in the increased traffic anticipated as the economy recovers. The owner’s representatives have committed to continued dialogue with the Planning and Land Use Committee. We encourage you to attend these meetings and give your input. We have posted a number of documents we received from them below. The Council plans to review and comment on the traffic study and the Draft EIR when the documents become available.
Ponte Vista Traffic Study Documents:
Document 1 - Location of Related Projects
Document 2 - Existing Saturday Traffic Volumes
Document 3 - Project Trip Generation
Document 4 - Existing Weekday Traffic Volumes
Document 5 - Related Projects for EIR
Documents available for review:
Ponte Vista EAF (2010)
Ponte Vista Initial Study for NOP
Ponte Vista 2010 EAF Application#44DDC3
Ponte Vista Filed NOP
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April 2, 2010 (San Pedro, CA). SFI Bridgeview, LLC, a subsidiary of iStar Financial Inc., a leading publicly traded finance company focused on the real estate industry, announced today that it has taken ownership of Ponte Vista, a 62-acre residential property located on Western Avenue in the community of San Pedro, in a negotiated transfer of the property. Click here to read full statement.
For more information on the plans from the previous owner of the property, click here.
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