Terra-Petra Environmental Engineering Helps Developer with Pico Gateway Apartments Project Success

Terra-Petra designed the environmental engineering designs and waterproofing systems for this multifamily property in the Pico-Robertson neighborhood just sold for $22.4M a few years back. As always, Terra-Petra is quite proud to be a part of the revision and revamping of land that was up until today, unusable. The revitalization of the LA Basin continues with environmental engineering being a key component of developers' success stories. So now, in what is becoming to be known as an increasingly popular Westside area, this building is being described as a “very high-quality property in a great location." 

This Week's LA Deal Sheet

The fully occupied Pico Gateway Apartments location offers 48,275 SF of rentable space, including 7,500 SF of ground-floor retail, 39 apartments and more than 135 underground parking spaces. Just two blocks from Beverly Hills, which is also a draw, apartment amenities include double sinks for preparing kosher meals, maple hardwood floors, double-paned windows to block out street noise and appliances. 

There is also an optional Shabbat elevator for residents to use on the Jewish Sabbath. Projected growth in the area is making the neighborhood increasingly popular. A recent study shows the population on the Westside could grow by 3.4% over the next five years. 


Read the full story about this properties sale at: Bisnow.com

Terra-Petra Supports Los Angeles Micropolitan Project General Contractor

Terra-Petra supported Frymer Construction to successfully ensure the environmental integrity of the Micropolitan at Urban Lights Multifamily Community project — located near the Los Angeles County Museum of Art and the up-and-coming LA Metro Purple Line station in Downtown Los Angeles.

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The Micropolitan is situated near the Los Angeles County Museum of Art, and is within a two-minute walk of the Los Angeles Metro Purple Line station, which will soon debut.

The Micropolitan is situated near the Los Angeles County Museum of Art, and is within a two-minute walk of the Los Angeles Metro Purple Line station, which will soon debut.

LOS ANGELES — A private 1031 exchange investor has purchased The Micropolitan at Urban Lights, a 45-unit multifamily community in the Miracle Mile submarket of Los Angeles, for $27.1 million. The community is located at 739 S. Ogden Drive.

The Micropolitan was built in 2015. It is situated near the Los Angeles County Museum of Art, and is within a two-minute walk of the Los Angeles Metro Purple Line station, which will soon debut.

Ron Harris and Paul Darrow of Institutional Property Advisors represented the seller, Micropolitan, a subsidiary of Psomas, in this transaction.

 

Wilshire Grand Tower Topped Off March 2016 – Video Recap

Wilshire Grand Center is a 335-meter (1,099 ft) skyscraper under construction in the Financial District of Downtown Los Angeles, California. The tower will become the tallest building in Los Angeles, the tallest structure and the second tallest building west of the Mississippi River upon completion. The building will be part of a mixed-use hotel, retail, observation decks, shopping malls and office complex, expected to revitalize downtown Los Angeles and the area surrounding the building. The development of the complex is estimated to cost $1 billion. The plans currently include 67,000 square feet (6,225 m2) of retail, 677,000 square feet (62,895 m2) of Class A office space and 900 hotel rooms. InterContinental is the tower's hotel component, comprising 900 rooms and suites occupying the 38th to the 70th floors. Estimated date of completion March 8, 2017. Terra-Petra is proud to have been a part of this project during initial record concrete pour. 

Park Fifth development in DTLA will break ground in April

Based on its intimate knowledge of the City of Los Angeles plan checking requirements, Portland-based architects, Ankrom Moisan brought in Terra-Petra environment engineers to work with the firm's in-house design team to help with design as well as consult on code-complaint systems for the Park Fifth project. The mixed-use development will replace parking lot near Pershing Square in Downtown Los Angeles and is scheduled to break ground in April. 

Read more about this exciting project on Urbaniz.LA.

The project is being designed by Portland-based Ankrom Moisan Architects, and will be

Terra-Petra provides Deputy Inspection Services for DTLA Blossom Plaza

We are honored to have worked on Blossom Plaza with another Los Angeles area environmental engineering firm to provide our Deputy Inspection Services that ensure the integrity and health of this project's land development process in Downtown LA's Chinatown. 

Blossom Plaza Takes Form in Chinatown – Long awaited mixed-use development rises near Chinatown Station.

Read this Story via Urbanize.LA 

Blossom Plaza Takes Form in Chinatown
Blossom Plaza Takes Form in Chinatown

 

Oceanwide Plaza – now under construction in Downtown Los Angeles

"We've been involved with the Oceanwide Plaza project going back more than 11 years. It's good to see the project finally break ground and to see the team's vision becoming Oceanwide Plaza Downtown Los Angeles, Californiaa reality," says Justin Conaway, Terra-Petra Vice President and General Manager. 

DOWNTOWN'S $1B OCEANWIDE PLAZA
Patricia Kirk, Bisnow

Representing China’s Oceanwide Real Estate Group, local brokerage firm Kennedy Wilson has established a new website for Downtown LA’s $1B Oceanwide Plaza, which is under construction, and posted new renderings of the project.

Designed by the Los Angeles office of RTKL, the nearly 1.5M SF development on a 4.6-acre site at 1101 S Flower St includes three high-rise residential towers with 503 condos and 183 hotel rooms, 167k SF of retail space and 1,444 parking spaces.

Plans also call for a series of pedestrian paseos between Figueroa and Flower streets, a 37k SF open-air deck atop the retail space, and large public plaza for visitors to sit and enjoy the modern landscape, according to Urbanize LA. Additionally, a 32k SF LED ribbon, possibly the largest on the West Coast, will wrap the building's podium along Figueroa between 11th and 12th streets. [ULA

Oceanwide Plaza Downtown Los Angeles, California Oceanwide Plaza Downtown Los Angeles, California

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Terra-Petra contributes to new projects transforming Downtown LA

As one of the most well-known environmental engineering and building waterproofing companies in the Los Angeles basin, Terra-Petra is currently working on or has completed some very high-profile projects in the Downtown LA area. Some of the most notable projects, among many others, include:

The Wilshire Grand Tower – the Wilshire Grand skyscraper will one day be the tallest west of Chicago. (Terra-Petra photo of project start to the right.)

The Metropolis, a $1B development is one of the largest mixed-use projects under construction on the West Coast.

Oceanwide Plaza will break ground in spring 2015. This $1B project will have a total of three towers and an expansive above-ground outdoor space. A five star hotel and 200k SF of commercial space will be included. There will be 504 condos and 183 hotel rooms.

South Park Mega-Project (Chinese developer Shenzhen Hazens) is a three towers along Figueroa Street across from L.A. Live. A 30-story hotel tower would rise at the northwest corner of Flower and Eleventh streets. A 30-story condo tower would be at Figueroa and Eleventh streets, and a 42-story condo tower would be at Figueroa and Olympic.

According to the Los Angeles Department of Building and Safety (LADBS), the "flurry of activity" in the recent years is defiantly the biggest construction boom they have witnessed since the 1980s.

However, LADBS does say that it is yet to be seen if it's the biggest boom in history or not. 

Stay tuned.

4 DEVELOPMENTS THAT WILL TRANSFORM FIGUEROA
Los Angeles Mixed-Use Jan 14, 2016 Jerry Liu, Bisnow, LA

We already told you about some of the mega-projects that will reshape Sunset Boulevard, perhaps one of the most famous thoroughfares in the world. But if you're really following what's hot in LA, it's all about Downtown. So we decided to take a look at some of the developments that will reshape the future of one of Downtown's most notable streets:

1. Circa
Location: 1200 Figueroa Players: Hankey Investment, Jamison Services, Falcon California Investments, Highlands Capital, Harley Ellis Devereaux, LendLease. Completion date: Late 2017. The $500M project will build twin 35-story towers housing 648 luxury condos on top of a seven-story retail podium. There will also be 48k SF of retail and 1,770 parking spaces. This project broke ground in summer 2015 and features a curved glass look that offers a panoramic view of LA, and many other neighboring high-rises, including the Metropolis. Bisnow chatted with Hankey president Scott Dobbins this week to get the latest status update on the development.

2. Oceanwide Plaza
Location: Figueroa and 11th Players: Oceanwide Real Estate Group. Completion date: 2018, condos hit the market in 2017. Breaking ground in spring 2015, this $1B project will have a total of three towers and an expansive above-ground outdoor space. A five star hotel and 200k SF of commercial space will be included. There will be 504 condos and 183 hotel rooms total. Chinese firm Oceanwide had previously acquired the development from New York City-based Moinian Group. This will be the first real estate venture for Oceanwide outside China.

3. Shenzhen Hazens
Location: Entire block bounded by Figueroa, 11th Street, Flower Street and Olympic Boulevard Players: Shenzhen Hazens, Gensler Completion date: After 2020. It's no secret Chinese firms are transforming the LA landscape. Shenzhen Hazens will add to the mix with a $700M redevelopment in the Luxe Hotel area. The project plans to break ground in 2017 and will be split into two phases. Phase 1 would build two 30-story towers, one residential and one hotel. Phase 2 would completely replace the Luxe Hotel with a 42-story residential tower. Expect the finished mega-project to have 650 luxury condos, 250 hotel rooms and 80k SF of retail space. We caught up with Shenzhen Hazens Group executive project director Sonnet Hui recently to get more on the company's plans.

4. MyFigueroa
Location: Four miles of streets from Downtown LA to South LA. Players: LADOT, Troller Mayer Associates, Melendrez, GEHL Architects. Completion date: 2017. Promising to make it easier for transit and bicycle users, this project will start in late spring 2016 and complete in 2017 under a $20M budget. It will link USC and Exposition Park to Downtown LA with better signals, signage, crosswalks, transit platforms, bikeways and trees. There will be on-street, fully separated bike lanes on each side of Figueroa for 27 signalized intersections. There will also be a lot more accommodations for public transit, including for the Silver Line and the upcoming streetcar service.

Terra-Petra Partners with Law Firm Wactor & Wick in Downtown Los Angeles

With an increase in the amount of expert environmental work requested by law firms throughout California in recent months, Oakland, California environmental law attorneys, Wactor & Wick LLP recently hired Terra-Petra to perform a methane soil gas investigation for a Methane Buffer Zone site in downtown Los Angeles.Terra-Petra was selected based on its expertise and knowledge in the field of methane soil gas and upon its prior work on numerous projects throughout the Los Angeles Basin over the last 25 plus years.. 

CEM 75 Drill Rig in action at the project site in Los Angeles, CaliforniaWactor & Wick LLP was founded in 2002 by two former EPA enforcement attorneys. The firm provides cost-effective solutions to reduce environmental risks to clients such as property owners, developers, manufacturers, retailers, lending institutions, mining companies, attorneys and consultants. Wactor & Wick is rated as a Pre-Eminent law firm and both partners have earned the Highest (AV) Rating from Martindale-Hubbell for Legal Ability and Ethical Standards, the Super Lawyer rating (top 5% of all lawyers), the Superb rating from Avvo and have been named in The International Who’s Who of Environmental Lawyers.

According to Vice President and GM, Justin Conaway, Terra-Petra determined that the use of a CME 75 Drill Rig was imperative in reaching our designed depth of 50 feet below surface grade in the gravel like soils at this specific site (based on the Wactor & Wick's due diligence on the project), Terra-Petra also determined that typical direct push probe drilling equipment would not have been able to reach a depth of even 15 feet given the specific conditions of the site.

"We had a great experience collaborating with Wactor & Wick and are looking for more opportunities to work with other such accomplished law firms in this industry," said Conaway, "Wactor & Wick is extremely knowledgeable about environmental regulations; they are very diligent in their effort to coordinate this investigation. We really appreciate working with a law firm that is dedicated to getting the job done right."

 

Terra-Petra Managing Removal of Asbestos Containing Material in Downey, CA

Terra-Petra is serving as the environmental engineer of record for a large retain development in Downey, California. The project is well under construction and has included the demolition of some existing buildings and mass grading for the site.

During grading activities, the contractor had uncovered several old abandoned concrete encased pipes buried in the soil. Terra-Petra was called out to analyze the concrete for asbestos content and to manage the removal of the material as needed. 

Terra-Petra's Senior Project Scientist was able to mobilize to the site within 24 hours of the contractor reporting the discovery of potential ACM materials on the property. Within 48 hours, samples were collected and the results were received back from the lab stating: "the black felt/fibrous material showed negative for asbestos. The light-colored pipe encased in concrete showed positive for asbestos and will require special handling."

Terra-Petra is in the process of mobilizing its Industrial Hygienist to the site to manage the removal of the ACM per the local state and federal standards.

Historical Use of Asbestos
During World War II, use of Asbestos Containing Material (ACM) products peaked, and the shipbuilding industry utilized the mineral extensively. From the early 1900s to the 1970s, asbestos was the ideal material to use.

Why asbestos? Simple: It was cheap, durable, flexible and naturally acted as an insulating and fireproofing agent. The construction and manufacturing industries fell in love with its potential and used asbestos-containing products whenever possible.

Malignant mesothelioma, otherwise known as mesothelioma cancer, commonly develops in the lungs of people exposed to asbestos. Effective treatments are available to ease symptoms and improve your prognosis.

The cancer usually affects the thin, protective membrane surrounding the lungs, heart or abdominal cavity. Doctors diagnose an estimated 3,000 cases a year in the United States, and the majority of those are traced to job-related asbestos exposure.

Although asbestos use declined dramatically in recent decades in this country, the incidence of malignant mesothelioma remains steady. That difference can be traced to the distinct latency period linked to the cancer.

The disease can take anywhere from 20 to 50 years after exposure to asbestos before it shows obvious symptoms and an oncologist can make a definitive diagnosis.

While no cure for the disease exists and the prognosis is typically poor, researchers made significant progress in recent years in understanding the cancer and developing new treatment options and alternative therapies.

Terra-Petra congratulates newest DMBI inspectors

Terra-Petra congratulated its newest DMBI inspectors, Dave Akers, Kevin Costa, and Hector Flores earlier this month. On Monday, February 3rd, 2015, the three newest members of the Terra-Petra Deputy Methane Barrier Inspection Team successfully passed the written and oral portions of the DMB) examinations issued by the Los Angeles Department of Building and Safety (LADBS). Dave Akers, whose history with Terra-Petra dates back to 2005, passed the test for a second time.

The addition of three new DMBIs to the Terra-Petra inspection team is a testament to the company’s exciting expansion and its efforts to continue to grow as an industry leader. As the onslaught of construction projects continues, Terra-Petra continues to stay prepared and flexible to meet clients’ inspection demands. Terra-Petra leads the environmental engineering industry, now, with 10 Deputy Methane Barrier Inspectors on staff. The extension of the design division will ensure that Terra-Petra retains its competitive edge. 

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