The Los Angeles County Metropolitan Transportation Authority (LA Metro) has formed a joint development agreement with NOHO Development Associates LLC, an affiliate of Trammell Crow Co. (TCC) and High Street Residential, on a transit-oriented mixed-use project in North Hollywood. To be located above Metro’s North Hollywood Station, District NoHo will be the largest residential project to date for Metro.
District NoHo will be a 12-acre mixed-use project bringing low-income housing, retail, office and open space. More than 1,400 apartments are proposed, a tally that would be the biggest in terms of affordable homes and total units for the transit agency.
District NoHo is located in the North Hollywood (“NoHo”) Arts District of Los Angeles’ San Fernando Valley, a region with over 1.8M residents. The 15.87-acre site is uniquely situated directly atop the Metro NoHo Station, the major junction of the Red Line subway, Orange Line Bus Rapid Transit, and over 15 municipal bus lines, serving 28,000 daily transit riders and providing over 1,100 parking stalls. Given the prominence of the site in Los Angeles’ transit network, District NoHo is an irreplaceable, multi-modal TOD hub and Metro’s trophy development opportunity. TCC, in partnership with MetLife Investment Management, is currently operating under an Exclusive Negotiating Agreement with Metro to master plan the development, obtain the entitlements, and execute the vertical development.
Rendering courtesy of HKS Architects.
Trammell Crow Company (TCC) is a global commercial real estate developer and wholly-owned subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas. Founded in 1948, TCC has developed or acquired nearly 2,900 buildings valued at $75 billion and over 655 million square feet. As of March 31, 2024, TCC had $18.8 billion of projects in process and $12.8 billion in its pipeline. It employs 650 professionals in 26 major cities throughout the United States and Europe. The company serves users of and investors in office, industrial/logistics, healthcare, life sciences and mixed-use projects, as well as multi-family residential through its operating subsidiary High Street Residential.
