Los Angeles, CA
Taylor Yard Village is a multi-phased, mixed-income, and mixed-generational master planned community designed with new urbanist principles to promote walkable streets and sustainable design. The former Southern Pacific Railroad facility, which spans 156+ acres in Los Angeles’ Cypress Park Community, is being redeveloped with approximately 300 new homes, 25,000 square feet of retail space, and 1.5 acres of usable green space complementing the site’s proximity to the Los Angeles River.
The community is the result of a public-private partnership between the LA County Metropolitan Transportation Authority and McCormack Baron Salazar (MBS).
The Enterprise Foundation and New Economics for Women provided predevelopment financing. A $15 million award from California’s Infill Infrastructure Grant Program provided the redevelopment catalyst. Construction commenced in 2013. The developments include:
- Rio Vista Apartments, a $29.7 million Gold Level LEED for Home building, including 87 affordable rental family homes, underground parking, barbeque patios, a tot lot, and resident fitness facility.
- Taylor Yard Apartments, a $21.7 million Gold Level LEED for Home building, includes 68 affordable rental family homes, with free wi-fi, an on-site community room, and access to Rio Vista’s fitness facility.
- Casa Salazar (Taylor Yard Senior), a $33.9 million LEED Platinum mixed-use development with 108 affordable rental senior homes located over 8,500 s.f. of retail and underground parking.
- Parque Vista Apartments, a $25.5 million certified GreenPoint development with 42 affordable rental family homes, with underground parking, barbeque patios, a tot lot, and access to other site facilities.
- LA Urban Homes is developing 95 duplex and detached market rate homeownership units that complement MBS’s affordable rental community.
This first ever large-scale river-front development is a model for future developments. Across the river is a regional state park offering active and passive recreational opportunities. Sustainability aspects include installed underground storage tanks to harvest and filter rainwater for landscape irrigation.