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(13)\n25-1208-S2\nCD 14\nSustainable Communities Environmental Assessment (SCEA) No.\nENV-2018-3337-SCEA, Erratum, Mitigation Measures, Mitigated\nMonitoring Program, and Environmental Findings; report from the Los\nAngeles City Planning Commission (LACPC); and draft Ordinance\nrelative to the establishment of a Sign District (-SN Supplemental Use\nDistrict) Zoning designation; a proposed Ordinance to provide a\ncomprehensive set of sign regulations; and a Transfer of Floor Area\nRights (FAR) and associated Public Benefits Payment for the transfer\nof greater than 50,000 square feet of floor area of up to 226,121\nsquare feet of floor area for a Transit Area Mixed-Use Project, from the\nCity of Los Angeles Convention Center (Donor Site) at 1201 South\nFigueroa Street, to the Project Site (Receiver Site), thereby permitting\na maximum 6:1 FAR in lieu of the otherwise permitted 3:1 FAR,\npursuant to Los Angeles Municipal Code (LAMC),Section 14.5.6 B;\nand request that within six months of the receipt of the Public Benefits\nPayment by the Public Benefit Trust Fund, the Chief Legislative\nAnalyst convene the Public Benefit Trust Fund Committee, pursuant to\nLAMC, Section 14.5.12; for the proposed demolition of 89,510 square\nfeet of commercial uses within four buildings for the construction of a\ntwo-tower, mixed-use development consisting of 250 residential\ndwelling units, 300 hotel guest rooms, and 13,120 square feet of\nground floor retail uses, for a total of 452,630 floor area on an\napproximately 1.6-acre site, and up to 23 stories in building height; for\nthe property located at 1600 South Flower Street (1600-1618 South\nFlower Street, 1601-1623 South Hope Street, 426-440 West Venice\nBoulevard), subject to Modified conditions of approval; and adoption of\namended project findings.\nApplicant: Jacob Taban, Venice Hope Group, LLC\nRepresentative: Alex Irvine, Irvine and Associates Inc\nCase No. CPC-2018-3336-SN-TDR-CUB-SPR-MSC\nEnvironmental No. ENV-2018-3337-SCEA\nRelated Cases: VTT-82213-2A; CPC-2018-3336-SN-TDR-CUB-SPR-\nMSC-1A\nFiscal Impact Statement: Yes