Terra-Petra to Sponsor The Future of DTLA Development Conference

Terra-Petra is proud to be a sponsor of “Building BIDs: The Future of DTLA Development” on Tuesday, October 10th at the City Club Los Angeles. Register here.

Downtown Los Angeles’ neighborhood stakeholders work diligently to make downtown a better place to live, work, and play. Some districts are long established supported by definitive identities, and continue to flourish; while others are emerging as relative newcomers with blossoming identities. Join us to hear directly from Business Improvement District (BID) leaders, developers and city officials for a forecast of what is to come, how the BIDs are a change agent for DTLA, and anticipated projects necessary to fulfill the goals of the respective districts.

MODERATOR
Eddie Kim
Los Angeles Downtown News

SPEAKERS
Mark Chatoff
Director, Fashion District BID / Owner, California Flower Mall

Bryan Eck
City Planner, City of Los Angeles

Ellen Riotto
Executive Director, South Park BID

Dan Rosenfeld
Investor, Argent Management, LLC

Jacqueline Vernon Wagner
Chief Administrative Analysis, City of Los Angeles

Terra-Petra Environmental Engineering Recognized in the LA Times as part of Wilshire Grand project - tallest skyscraper in the West.

Terra-Petra Team recognized in the LA Times as part of the Wilshire Grand project – the tallest structure in the west and the Los Angeles skyline.

The Wilshire Grand project grew from a handshake to become the tallest building west of the Mississippi. For three years, Times staff writer Thomas Curwen has chronicled its construction, from the initial planning phase to the topping off and final design touches. One the pages, are his stories of the Wilshire Grand tower.

To express his appreciation to all those who were involved with the Wilshire Grand project, Korean Air & Hanjin Group (property owner) Chairman Yang Ho Cho, placed the multiple-page advertisement in the Los Angeles Times  on June 27, 2017. He wanted to  publish the name of every person who worked on the project.

Working closely with A.C. Martin and Turner Construction on Los Angeles’ newest and tallest skyscraper, the Terra-Petra team is proud to be recognized in this LA Times piece (attached/linked PDF) above. 

The Trojan Marching Band headlined the special Ribbon Cutting Ceremony on the Plaza area to celebrate the Grand Opening of the Wilshire Grand Center (June 23rd). The media covered event was hosted by Korean Air & Hanjin Group. Chairman (and USC alum) Cho and his team also hosted a private party in the building that evening.

Below are a few highlights we grabbed during the grand opening ceremony—along with fresh photos of, what Chairman Cho describes as, “the crown jewel of Figueroa Street.” Again, Terra-Petra is proud to be recognized as part of this outstanding project.

USC Trojan Marching Band headlines Wilshire Grand Center Grand Opening June 23 2017

California Commercial Real Estate Unchanged Following Election – Read Survey

The introduction to this survey is provided by John M. Tipton Partner, Real Estate Department Allen Matkins:

Allen Matkins and UCLA Anderson Forecast have partnered to create a Commercial Real Estate Survey and Index to better predict future California commercial rental and vacancy rates. This tool surveys supply-side participants – commercial developers and financiers of commercial development – for insights into their markets. The Survey and the resulting Index provide a measure of the commercial real estate supply-side participants’ view of current and future conditions. Since participants make investment actions based upon these views, it provides a leading indicator of changing supply conditions.

Allen Matkins sponsored this Survey to provide value to the industry. Partnered with UCLA Anderson Forecast, the leading independent economic forecast of both the U.S. and California economies for over 65 years, they have tapped the knowledge of the leading developers and financiers of real estate development in California to provide the best, clear-sighted forecast of the California commercial real estate industry.

Read they Survey and Index here.

Watch the video below (click to open to a new window):

LA Unified School District Awards Terra-Petra Certification of Small Business Enterprise (SBE)

LA Unified School District Awards Terra-Petra Certification of Small Business Enterprise (SBE)

The Los Angeles Unified School District (LAUSD) issued Terra-Petra an SBE certificate effective October 26, 2016.

The company’s SBE status lausdcertificationofsbeis recognized for NAICS codes:

541620 & 541330 through October 2018.

To maintain a valid SBE Certificate after three years with LAUSD, Terra-Petra must also renew its self-certification with LAUSD or register with the Small Business Administration before the SBE certification expiration date referenced expires.

Letter of approval.

Terra-Petra Assists on Final Phase of Dana Strand Development in Wilmington

Terra-Petra has recently completed its role on Phase 4 of the Dana Strand project in Wilmington, California. Our team of environmental engineering professionals has been involved with this project since its inception, having worked on Phases 1, 2 and 3.

Earlier this week, nonprofit developers Abode Communities and Mercy Housing California convened in Wilmington to celebrate the groundbreaking of Vista del Mar and Camino del Mar, a new collection of 176 affordable homes.

In addition to housing, the $71 million development will offer 35,000 square feet of open and recreational space, as well as features uch as a computer lab, bicycle parking and on-site social services.  The property also is located in close proximity to the Wilmington Waterfront Park.

The projects are considered the fourth and final phase of the Dana Strand Village redevelopment, which has repurposed a 20-acre post-war military housing site.  A full buildout of the New Dana Strand, the culmination of a process that began in 2000, will provide housing for approximately 750 people.

Vista del Mar and Camino del Mar were through both public and private sources, including U.S. Bank, low income housing tax credits and tax exempt bonds from the City of Los Angeles.

Completion is expected in 2018.

Waterproofing Inspections on the Hollywood Argyle Hotel by Terra-Petra

Terra-Petra Waterproofing Division is performing the waterproofing inspections for the Hollywood Argyle Hotel project. Here's an update via UrbanizeLA.com – by STEVEN SHARP:

After nearly one year of construction, exterior work is in full swing for Hollywood's Argyle Hotel.

Located at 1800 N. Argyle Avenue, the project consists of a 16-story hotel featuring 220 guest rooms, restaurant space, and ancillary features such as meeting rooms, a swimming pool and a parking garage.  1800 Argyle Avenue Archive (Urbanize LA)

hollywoodkimptonhotel

Mixed-use project, called Metropolis, is unprecedented for Downtown L.A.

If you travel down through the Downtown LA area on a regular basis, you have probably noticed the every-changing skyline. As an environmental engineering firm, Terra-Petra is taking part with many of these new projects. One of which is called the Metropolis (you can't miss this large mixed-use community steadily growing along the 110 freeway). The Terra-Petra Waterproofing Division is consulting on the building envelope waterproofing system for the Metropolis project and inspecting all of the waterproofing as it gets installed. 

Read more about Metropolis and other projects currently being led by Chinese developers in Downtown Los Angeles.

Screenshot 2016-08-31 at 10.19.27 PM

Terra-Petra’s Abode Communities and Mercy Housing Project to Break Ground in Wilmington, CA

Terra-Petra has been honored to be a part of this incredible development in Wilmington, California. Abode Communities and Mercy Housing will celebrate their Vista del Mar and Camino del Mar Groundbreaking on September 14, 2016.

Terra-Petra Adobe Communities project, Wilmington CA 2016

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