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Multidisciplinary Meyers Nave Team Contributes to Landmark Redevelopment Project

A multidisciplinary team of Meyers Nave attorneys is advising the City of Inglewood on the planned redevelopment of the Hollywood Park racetrack.

The track, located three miles east of Los Angeles International Airport, is the largest parcel of undeveloped land in the Greater Los Angeles Area.

The planned $2 billion Hollywood Park Tomorrow project would create a vast mixed-use community on 238 acres. The proposed plan includes almost 3,000 residential units, 620,000 square feet of retail space, 75,000 square feet of office space, a large hotel, 25 acres of park space and a four-acre civic site.

Development of the preliminary plan involved an extensive planning process and fiscal analysis. A final plan is expected to be put before City of Inglewood officials for approval in May.

Attorneys in Meyers Nave’s redevelopment, environmental and land use practices assisted the City with the review and development of the large number of entitlements required to make this landmark project possible. In addition to advising the City of Inglewood on extensive California Environmental Quality Act issues associated with the Environmental Impact Report, Meyers Nave helped draft the:

• Development agreement,
• General plan amendment,
• Hollywood Park Specific Plan
• Owner’s participation agreement, and
• Redevelopment plan amendment.

The size and scope of this project made for a complex entitlement process. Meyers Nave’s ability to provide legal services pertaining to all the relevant disciplines enabled the City of Inglewood to integrate the various entitlements and navigate the process with fewer coordination challenges.