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(7) 23­1150\nCD 14 Related to Council file No. 23­1151\nContinued from March 19, 2024\nDraft Environmental Impact Report (EIR) No. ENV­2017­506­EIR, State\nClearinghouse (SCH) No. 2019050010, and the Final EIR dated January\n2023 (8th, Grand and Hope Project EIR), Statement of Overriding\nConsiderations, Mitigation Monitoring Program, and Environmental\nfindings; report from the Los Angeles City Planning Commission (LACPC)\nrecommending that the City Council approve, pursuant Section 14.5.6 A of\nthe Los Angeles Municipal Code (LAMC), a Transfer of Floor Area Rights\n(TFAR) greater than 50,000 square feet of floor area, for the transfer of up\nto 346,853 square feet of floor area from the Los Angeles Convention\nCenter (Donor Site), located at 1201 South Figueroa Street, to the Project\nSite (Receiver Site), thereby permitting a maximum 9.25:1 Floor Area\nRatio (FAR) in lieu of the otherwise permitted 6:1 FAR; and Appeals filed\nby 1) Coalition for Responsible Equitable Economic Development\n(CREED LA) (Representative: Adams, Broadwell, Joseph & Cardozo,\nAidan P. Marshall; and 2) Richard Becher, Digital Realty from the\ndetermination of the LACPC in: 1) dismissing as not necessary, pursuant\nto LAMC Section 12.27, a Zone Variance to allow 60 percent of the\nrequired residential parking spaces as compact spaces, and to allow the\nparking of compact spaces in a tandem configuration; 2) approving,\npursuant to LAMC Section 12.27, a Zone Variance to allow relief from\nproviding an additional 10­inch clear space to the parking stall widths when\nSite (Receiver Site), thereby permitting a maximum 9.25:1 Floor Area\nRatio (FAR) in lieu of the otherwise permitted 6:1 FAR; and Appeals filed\nby 1) Coalition for Responsible Equitable Economic Development\n(CREED LA) (Representative: Adams, Broadwell, Joseph & Cardozo,\nAidan P. Marshall; and 2) Richard Becher, Digital Realty from the\ndetermination of the LACPC in: 1) dismissing as not necessary, pursuant\nto LAMC Section 12.27, a Zone Variance to allow 60 percent of the\nrequired residential parking spaces as compact spaces, and to allow the\nparking of compact spaces in a tandem configuration; 2) approving,\npursuant to LAMC Section 12.27, a Zone Variance to allow relief from\nproviding an additional 10­inch clear space to the parking stall widths when\nadjoined on their longer dimension by an obstruction; 3) approving,\npursuant to LAMC Section 12.27, a Zone Variance to allow relief to allow\nreduced drive aisle widths of 24 feet in lieu of the required drive aisle width;\n4) approving, pursuant LAMC Section 11.5.7 E, a Specific Plan Project\nPermit Adjustment for a Director's Determination for an Alternative Design\nto allow a deviation from the Ground Floor Treatment regulations in Section\n4 of the Downtown Design Guide; 5) approving, pursuant LAMC Section\n11.5.7 E, a Specific Plan Project Permit Adjustment to allow a deviation\nfrom Section 5 of the Downtown Design Guide to allow building and\nbalcony projections up to nine feet and 25 feet into the sidewalk easements\nalong Hope Street and Grand Avenue respectively, and allow projections to\nbegin at an elevation of 25 feet above grade along Hope Street and Grand\nAvenue; 6) approving, pursuant to LAMC Section 12.21 G.3, a Director's\nDecision to allow 79 trees to be planted on­site in lieu of the otherwise\nrequired 145 trees, and to allow an in­lieu fee to be paid for the remaining\n66 required on­site trees; and 7) approving, pursuant to LAMC Section\n16.05, a Site Plan Review for a development project which creates an\nincrease of more than 50 dwelling units, for the construction of a 50­story,\nmixed­use development comprised of 580 residential dwelling units and up\nto 7,499 square feet of ground floor commercial uses on a 34,679 square­\nfoot site, located at 754 South Hope Street and 609 ­ 625 West 8th Street,\nsubject to Conditions of Approval.\nApplicant: Stuart Morkun, MFA 8th Grand and Hope LLC\nRepresentative: Edgar Khalatian, Mayer Brown, LLP\nCase No. CPC­2017­505­TDR­ZV­SPPA­DD­SPR­1A\nEnvironmental No. ENV­2017­506­EIR; SCH No. 2019050010\nRelated Case Nos. VTT­74876­CN­2A; ZA­2021­7053­ZAI­1A\nFiscal Impact Statement: Yes\nCommunity Impact Statement: None submitted\nTIME LIMIT FILE ­ MAY 15, 2024\n(LAST DAY FOR COUNCIL ACTION ­ MAY 15, 2024)