Report to Mayor and City Council
Monday, October 17, 2016
Discussion
SUBJECT:
Title
HOLD A WORKSHOP ON THE PROPOSED MACERICH OUTLET MALL ON 46 ACRES WITHIN THE 157-ACRE CARSON RECLAMATION AGENCY PROPERTY
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I. SUMMARY
On July 5, 2016, the City Council approved an Exclusive Right to Negotiate Agreement (ENA) between the City of Carson, the Carson Reclamation Authority, and CAM-CARSON, LLC, an entity of Macerich for the development of a high end fashion outlet mall on a portion of the Property owned by the Authority. Macerich is proposing to develop plans for a 46-acre, 562,000 square foot regional outlet mall immediately adjacent to the I-405 Freeway on the 157-acre former landfill. The abandoned landfill was purchased by the Carson Reclamation Authority in 2015 in anticipation of the development of the NFL stadium. The outlet mall will include 150 stores and provide 1,800 permanent jobs and 1,700 construction jobs. It is estimated that the outlet mall will generate $4 million annually in sales tax revenue and revenues may double as the remained of the 157-acre site is developed. The purpose of this Workshop is for Macerich to present the preliminary design of the outlet mall and obtain input from the City Council, Carson Reclamation Authority (CRA), and the wider community on the project.
II. RECOMMENDATION
Recommendation
HOLD the workshop.
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III. ALTERNATIVES
None.
IV. BACKGROUND
Since the approval of the ENA, staff and Macerich have spent numerous hours negotiating on the details of the Memorandum of Understanding (MOU). Staff expects to finalize the MOU in late 2016 and will schedule it for City Council's consideration. Meanwhile, Macerich has also been busy designing the project. At the Workshop, they will unveil the concepts for the design for the outlet mall for the first time to the City Council, CRA, various commissions, the community, and staff.
Developer's Qualifications
Prior to the Authority's acquisition of the 157-A...
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