The Los Angeles County Fair Association has announced a tender process for the development of a 11.75-acre site in the City of La Verne. It is seeking Statements of Qualifications (SOQ) from developers or development teams for a transit-oriented development.
The non-profit association manages a 487-acre campus situated in the cities of La Verne and Pomona, California, home of the LA County Fair and more than 500 year-round events. The site to be tendered is located at the northern edge of the Fairplex campus. It is an assemblage of five parcels owned by Fairplex that currently functions as a surface parking lot.
The La Verne Site presents an opportunity for developers to creatively incorporate approved residential, commercial, retail, cultural, and hospitality uses into a unique transit-oriented development project that is financially attractive while serving the mission of Fairplex.
The development can also be conceptualized to take advantage of the built-in activity created by Fairplex’s three million annual event goers as well as the workforce, patrons, and stakeholders of the University of La Verne, City of La Verne, Brackett Field Airport, and Old Town La Verne neighborhood.
The submission deadline is 2 November 2018. For more information, see the Business Opportunity.