Fig & Flower – Progress Review_19-1010

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F IG + F LOWE R P ROG RESS REVIEW OCTOBER 10, 2019

FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart

1


FL OW

ER

FI

GU E

RO A

PIC O

VE

NI

CE

P R OJ ECT S I T E FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 2


ZONING FAR 10:1 - 13:1

895,000 - 1.16 million SF FAR area max

FIREFIGHTING ACCESS 420’ max

STRUCTURAL Performancebased Analysis expected due to 2019 code changes effective 2020

to highest occupied floor

PROGRAM HOTEL: 600 keys + supporting F&B, conference, recreational, front and back of house

RESI

P R OJ ECT PA R A M E T E R S FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 3


ST R E E T LEV EL 10 f t .

PODIUM 75 ft .

TOW E R 420 f t .

VIEW OPPORTUNITIES FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 4


15'-0" AVG. 9'-0"

20'-0"

20'-0"

CL

CL

(40% OPENINGS) 10'-0" MIN PL

(40% OPENINGS) 10'-0" MIN

S FLOWER STREET

FIGUEROA STREET

PL

SIDEWALK DEDICATION (DT STREET STD.) SIDEWALK EASEMENT (DT STREET STD.) PROPERTY BEFORE DEDICATIONS

AVG 12'-0" 3'-0"

PROPERTY AFTER DEDICATIONS

VENICE BOULEVARD

CL

SITE PLAN FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart

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ZONING ANALYSIS 10/2/2019 ZONING ANALYSIS 10/2/2019 FIGUEROA SITE

FLOWER SITE

5134009020, FLOWER SITE 5134009002, 1505,5134009020, 1511, 1515, 1525 S 1540 S Figueroa St Addresses 5,134,009,011 APN Flower St 5134009002, C2-2D-O C2-2D-O Zoning 1505, 1511, 1515, 1525 S 1540 S Figueroa St Addresses 24,791 SF 30,049 SF Site / Lot Area (Calculated, ZIMAS) Flower St 24,800 SF 29,950 SF Site / Lot Area (Survey) C2-2D-O Zoning C2-2D-O 42,392 SF 47,131 SF Site CL of streets 24,791 SF Site / / Lot Lot Area Area incl (Calculated, ZIMAS) 30,049 SF 1 None None Setbacks 24,800 SF Site / Lot Area (Survey) 29,950 SF 2 Unlimited Unlimited 42,392 SF Height Site / Lot Area incl CL of streets 2 1 Unlimited Unlimited None None Stories Setbacks 23 Unlimited Unlimited Density Height 4 24,800 SF 29,950 SF Unlimited Unlimited Buildable Stories2 Area 5 3 10.0 : 1 FAR 13.0 : 1 FAR 10.0 : 1 FAR 3.0 : 1 FAR 13.0 : 1 FAR Unlimited Unlimited FAR Density 4 Max Floor Area Area By-Right (by Site) 248,000 423,920 SF 322,400 551,096 SF 471,310 89,850 SF SF 612,703 SF 24,800 SF 29,950 Buildable 5Floor Area By-Right (combined) 10:1 895,230 337,850 SF min Max 10.0 : 1 FAR 13.0 : 1 FAR 3.0 : 1 FAR FAR 1,163,799 412,250 SFmax max 89,850 SF Max 13:1 248,000 SF 322,400 Max Floor Floor Area Area By-Right By-Right (combined) (by Site) SF SF 337,850 SF min Max Floor Area By-Right (combined) 10:1 1. PerFloor ZI 2385, allBy-Right yard requirements eliminated. 412,250 SF max Max Area (combined) 13:1 2. Height District limitations determine Height, Stories, Base FAR. 3. Per ZI ZI 2385, 2385, all maximum unit per lot eliminated. area eliminated; density is unlimited (within the relevant FAR) 1. Per yard requirements 4. ZI 2385, "Buildable Area is the same as Lot Area."Base FAR. 2. Per Height District limitations determine Height, Stories, 5. Central City Community Plan reduces FAR from 6:1 density (by Height District) (within to 3:1. the relevant FAR) 3. Per ZI 2385, maximum unit per lot area eliminated; is unlimited APN

FIGUEROA SITE 5,134,009,011

MAXIMUM AREA

4. Per ZI 2385, "Buildable Area is the same as Lot Area." 5. Central City Community Plan reduces FAR from 6:1 (by Height District) to 3:1.

* Existing Honda Dealership Floor Area: 50,000sf

Z O N I N G A N A LYS I S FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 6


Scenario 1A:

Scenario 1B:

Scenario 2:

Director’s Determination Today: Increase FAR by an amount less than 50,000 sf resulting in new Flower Tower having maximum FAR of 214,499 sf: 55,000 sf x 3 = 165,000 sf + 49,999 sf . Keep 10,000sf for commercial uses on second floor while waiting for DTLA 2040.

Demolish Honda building, use balance from FLOWER site + build on FIGUEROA site using DTLA 2040.

Develop both FIGUEROA + FLOWER simultaneously to exceed DTLA 2040 max FAR, “lot area” enlarged.

Lot area: +/- 25,000sf

Lot area: +/- 30,000sf

Move leftover floor area from FLOWER to FIG site and

Current FAR 3:1

Current FAR 3:1

develop per DTLA 2040.

Honda: u s e a s t e m p. parking for Flower site and ke e p 1 0,0 0 0 s f f o r commerical uses

Figueroa Site

2 14 , 9 9 9 1 0,0 0 0 s f f o r re s i b u i l d i n g w i t h c u r re n t code.

1 , 1 6 3,7 9 9 - 2 14 , 9 9 9 = 948,800sf hotel tower

204,999sf re s i b u i l d i n g

1 0 : 11 3 : 1 FA R

1 0 : 11 3 : 1 FA R

Flower Site

D E V E LO P M E N T S C E N A R I O S FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart

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L42

Scenario Data, Figueroa Site:

Scenario Data, Flower Site:

Pa r k i n g i n e x i s t i n g H o n d a d e a l e r s h i p

Ty p i c a l re s i f l o o r p l a t e , g ro s s : 1 3,6 4 5 s f Ty p i c a l h o t e lHotel f l o o Guestrooms r plate, net: 1 1 ,6 6 2 s f A p a r t m e n t s / f l o o r : 11 To t a l a p a r t m e n t s : 1 6 5 To t a l re s i a mHotel e n i t yOther s p a c e + re t a i l : 3 0,0 0 0 s f

To t a l f l o o r a re a : 1 0,0 0 0 s f

To t a l f l o o r a re a : 2 0 4 , 9 9 9 s f Commercial Residential Residential Other Parking

SF NET

RESI 15 floors

204,999

S F NET

10,0 0 0

ROOF

RESI AMENITY 1 floor PARKING 1 floor

L1

FIGUEROA Stacking Strategy 1

L17 L16 L15 L14 L13 L12 L11 L10 L9 L8 L7 L6 L5 L4 L3

190 ft.

40 ft.

L2

RETAIL 1 floor

L1 B1 B2 FLOWER

S c e n a r i o 1 a : H o n d a S i t e + F l o w e r To w e r FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 8


Axo f rom Sou t hwest

Axo from Southeast

View from Ea st / 1 10 Fw y

H O N DA 2 5 ,0 0 0 S F P L AT E

RESI 1 1 ,6 6 2 S F P L AT E

Scenario 1a: 3D Massing Views FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 9


ROOF

910 ft. L85 L84 L83 L82 L81 L80 L79 L78 L77 L76 L75 L74 L73

L42

Scenario Data, Figueroa Site: Ty p i c a l h o t e l f l o o r p l a t e , g ro s s : 1 3, 2 8 0 s f Ty p i c a l h o t e l f l o o r p l a t e , n e t : 1 0,7 8 0 s f Ke y s / f l o o r : 2 4 To t a l k e y s : 1 , 9 2 0 To t a l h o t e l a m e n i t y s p a c e + re t a i l : 8 6,4 0 0 s f

Scenario Data, Flower Site: Ty p i c a l re s i f l o o r p l a t e , g ro s s : 1 3,6 4 5 s f Ty p i c a l h o t Hotel e l f l oGuestrooms or plate, net: 1 1 ,6 6 2 s f A p a r t m e n t s / f l o o r : 11 To t a l a p a r t m e n t s : 1 6 5 To t a l re s i aHotel m e n iOther t y s p a c e + re t a i l : 3 0,0 0 0 s f To t a l f l o o r a re a : 2 0 4 ,4 9 9 s f Commercial

L25 L24 L23 L22 L21 L20 L19 L18 L17 L16 L15 L14 L13 L12 L11 L10

Residential Residential Other Parking ROOF

HOTEL AMENITY 5 floors

L07

110 ft.

RESI 15 floors

L6

L8 L5

L7

SF NET

L09 L08

204,999

S F NET

HOTEL ROOMS 80 floors

94 8,80 0

To t a l f l o o r a re a : 9 4 8 , 8 0 0 s f

L4

L2

RESI AMENITY 1 floor

L1

RETAIL 1 floor

L3

RETAIL 1 floor

FIGUEROA Stacking Scenario 1b

L17 L16 L15 L14 L13 L12 L11 L10 L9 L8 L7 L6 L5 L4 L3

190 ft.

40 ft.

L2 L1 B1 B2 FLOWER

S c e n a r i o 1 b : DT L A 2 0 4 0 M a x i m i ze d F i g u e ro a S i t e + F l o w e r To w e r FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 10


Axo f rom Sou t hwest

Axo from Southeast

View from Ea st / 1 10 Fw y

H OT E L 1 0,7 8 0 S F P L AT E

RESI 1 1 ,6 6 2 S F P L AT E

Scenario 1b: 3D Massing Views FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 11


ROOF

Ty p i c a l h o t e l f l o o r p l a t e , g ro s s : 1 3, 2 8 0 s f Ty p i c a l h o t e l f l o o r p l a t e , n e t : 1 0,7 8 0 s f Ke y s / f l o o r : 2 4 To t a l k e y s : 74 4 To t a l h o t e l a m e n i t y s p a c e + re t a i l : 8 9,74 0 s f

S F NET

423,920

To t a l f l o o r a re a : 4 2 3, 9 2 0

RESI 36 floors

S F NET

Scenario Data, Figueroa Site:

47 1,3 10

L42

HOTEL ROOMS 31 floors

ROOF

420 ft. L37 L36 L35 L29 L34 L33 L32 L31 L30 L29 L28 L27 L26 L25 L24 L23 L22 L21 L20 L19 L18 L17 L16 L15 L14 L13 L12 L11 L10 L09 L08

HOTEL AMENITY 5 floors

L07

110 ft.

L6

L8 L7

L5 L4 L3

RESI AMENITY 2 floors

L1

Ty p i c a l re s i f l o o r p l a t e , g ro s s : 1 3,6 4 5 s f Ty p i c a l h o t eHotel l f l o oGuestrooms r plate, net: 1 1 ,6 6 2 s f A p a r t m e n t s / f l o o r : 11 To t a l a p a r t m e n t s : 3 9 6 To t a l re s i a mHotel e n i t Other y s p a c e + re t a i l : 5 1 ,47 8 s f To t a l f l o o r a re a : 47 1 , 3 1 0 s f Commercial Residential Residential Other Parking

60 ft.

L2 RETAIL 1 floor

L1 B1 B2

PARKING 2 floors FIGUEROA Stacking Scenario 2

Scenario Data, Flower Site:

L3

L2 RETAIL 1 floor

420 ft. L39 L38 L37 L36 L35 L34 L33 L32 L31 L30 L29 L28 L27 L26 L25 L24 L23 L22 L21 L20 L19 L18 L17 L16 L15 L14 L13 L12 L11 L10 L9 L8 L7 L6 L5 L4

FLOWER

S c e n a r i o 2 : DT L A 2 0 4 0 To w e r s o n F i g u e ro a a n d F l o w e r S i t e s ( FA R 1 0 : 1 ) FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 12


Axo f rom Sou t hwest

Axo from Southeast

View from Ea st / 1 10 Fw y

H OT E L 1 0,7 8 0 S F P L AT E

RESI 1 1 ,6 6 2 S F P L AT E

Scenario 2: 3D Massing Views (10:1) FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 13


ROOF

540 ft. L49 L48 L47 L29 L46 L45 L44 L43 L42 L41 L40

Ty p i c a l h o t e l f l o o r p l a t e , g ro s s : 1 3, 2 8 0 s f Ty p i c a l h o t e l f l o o r p l a t e , n e t : 1 0,7 8 0 s f Ke y s / f l o o r : 2 4 To t a l k e y s : 1 ,0 3 2 To t a l h o t e l a m e n i t y s p a c e + re t a i l : 8 7, 5 5 6 s f

S F NET

HOTEL ROOMS 43 floors

5 5 1,0 96

To t a l f l o o r a re a : 5 5 1 ,0 9 6 s

L29 L28 L27 L26 L25 L24 L23 L22 L21 L20 L19 L18 L17 L16 L15 L14 L13 L12 L11 L10

RESI 48 floors

L09 L08 HOTEL AMENITY 5 floors

L07

110 ft.

L6

L8 L7

L5 L4 L3

RESI AMENITY 2 floors

Scenario Data, Flower Site: Ty p i c a l re s i f l o o r p l a t e , g ro s s : 1 3,6 4 5 s f Ty p i c a l h oHotel t e l fGuestrooms loor plate, net: 1 1 ,6 6 2 s f A p a r t m e n t s / f l o o r : 11 To t a l a p a r t m e n t s : 5 2 8 To t a l re s i Hotel a m e Other n i t y s p a c e + re t a i l : 5 2 , 9 2 7 s f

L1

To t a l f l o o r a re a : 6 1 2 ,70 3 s f Commercial Residential Residential Other Parking

60 ft.

L2 RETAIL 1 floor

L1 B1 B2

PARKING 2 floors FIGUEROA Stacking Scenario 2

L31 L30 L29 L28 L27 L26 L25 L24 L23 L22 L21 L20 L19 L18 L17 L16 L15 L14 L13 L12 L11 L10 L9 L8 L7 L6 L5 L4 L3

L2 RETAIL 1 floor

520 ft.

L43

S F NET

Scenario Data, Figueroa Site:

L50 L49 L48 L47 L46 L45 L44

612 ,703

L42

ROOF

FLOWER

S c e n a r i o 2 : DT L A 2 0 4 0 To w e r s o n F i g u e ro a a n d F l o w e r S i t e s ( FA R 1 3 : 1 ) FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 14


Axo f rom Sou t hwest

Axo from Southeast

View from Ea st / 1 10 Fw y

H OT E L 1 0,7 8 0 S F P L AT E

RESI 1 1 ,6 6 2 S F P L AT E

Scenario 2: 3D Massing Views (13:1) FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 15


FIG + FLOWER | Progress Review | October 10, 2019

Moinian Group | Steinberg Hart 16


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