Recall from a previous post, LTG Platinum Center proposed a regional mixed use center in Anaheim's Platinum Triangle, from L.T. Global Investment Inc., which also consisted of two high rise towers, a 28 story condo tower (354 feet tall) and a 26 story hotel. According to the OC Register, the applicant of the project turned in their application on June 11, 2015. It can be confirmed, as the City's website shows the information and status of the proposed project's application:
Source: http://permits.anaheim.net/tm_bin/tmw_cmd.pl?tmw_cmd=StatusViewCaseplan&shl_caseno=DEV2015-00024
Under the 'Other Associated Cases' heading are other items the project requires approval from the City. These include pending: Conditional Use Permit, Development Agreement, General Plan Amendment, Pre-File, and Zoning Code Amendment. It is possible to view the status of each by clicking on the Case Number and at the top of the page near "Case Number" is "Status" which for example, Case Number DEV2015-00024's status is "Received".
While this is one step forward, however, according to the OC Register, a large challenge exists which deals with the Angels and parking issue. While the developer is looking to build 3,021 parking spaces, they still need 1,300 parking spaces at the Angels Stadium parking lot (city-owned) and the Angels does not want to share and does not want to give it up. The Angels has a lease agreement with the City where they are given the use of 12,500 surface parking spaces. The lease would have to be renegotiated if a parking structure is proposed. The developer states that if a deal cannot be reached, then it could devastate the prospect for the proposed project. An additional update from the article states that the project downsized the retail (from 460,000 sq. ft. to 387,000 sq. ft.) and hotel component (from 300 rooms to 250 rooms). The developer stated their decision for this downsize was from a demand analysis. The article also states the application process along with environmental studies could take a year. If the project is approved by the City, the developer desires to start construction in 2016 and complete the project in 2020 (source: OC Register).
Stay tuned for more updates.
Under the 'Other Associated Cases' heading are other items the project requires approval from the City. These include pending: Conditional Use Permit, Development Agreement, General Plan Amendment, Pre-File, and Zoning Code Amendment. It is possible to view the status of each by clicking on the Case Number and at the top of the page near "Case Number" is "Status" which for example, Case Number DEV2015-00024's status is "Received".
While this is one step forward, however, according to the OC Register, a large challenge exists which deals with the Angels and parking issue. While the developer is looking to build 3,021 parking spaces, they still need 1,300 parking spaces at the Angels Stadium parking lot (city-owned) and the Angels does not want to share and does not want to give it up. The Angels has a lease agreement with the City where they are given the use of 12,500 surface parking spaces. The lease would have to be renegotiated if a parking structure is proposed. The developer states that if a deal cannot be reached, then it could devastate the prospect for the proposed project. An additional update from the article states that the project downsized the retail (from 460,000 sq. ft. to 387,000 sq. ft.) and hotel component (from 300 rooms to 250 rooms). The developer stated their decision for this downsize was from a demand analysis. The article also states the application process along with environmental studies could take a year. If the project is approved by the City, the developer desires to start construction in 2016 and complete the project in 2020 (source: OC Register).
Stay tuned for more updates.
RSS Feed
