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MTA VOTES FUNDING FOR CONSTRUCTION OF HEADQUARTERS BUILDING AT GATEWAY SITE

 LOS ANGELES, June 9 /PRNewswire/ -- The Los Angeles County MTA Board voted June 9, 1993, to provide funding for the construction of a new MTA headquarters building near historic Union Station in downtown Los Angeles.
 Termed the Gateway Project, the 26-floor office tower will be built next to the Gateway Intermodal Transit Center at Union Station already under construction. The Transit Center will serve as the downtown transportation hub for the five-county Southern California region, providing easy access and transfer between local and commuter buses and trains, including the Metro Red Line subway system, the planned Metro rail extension to Pasadena, Calif., Metrolink interurban commuter trains and AMTRAK trains.
 The MTA board action will provide $133.7 million for construction of the 570,000-square-foot office building by the Catellus Development Corp. All MTA administrative, planning and engineering functions will be housed in the new structure.
 "It is proper to locate the MTA's headquarters adjacent to the new transit center," said Richard Alatorre, MTA chairman. "It will provide ready access for those who will oversee the continued construction of one of the most ambitious rail projects in the nation and for the operation of the MTA's transit services.
 "The Gateway Project, including the Transit Center, has been lauded by Secretary of Transportation Federico Pena as one that demonstrates what can be done with a private-public partnership," Alatorre continued.
 The motion approved by the MTA board directed that the Catellus Development Corp. will complete the project at the guaranteed price of $133.7 million. It further directed that MTA staff shall verify statements made by Catellus with respect to its public benefits program. Some of those elements include a commitment to provide a Day Care Center as part of the new MTA Headquarters building, complete housing loans in South Central and East Los Angeles, fulfill job guarantees of up to 2,500 direct and 3,000 indirect jobs as part of the Gateway Center projects, and provide continued support of an arts project valued at $1.5 million and fulfill a DBE commitment valued at $50 million.
 "Placing MTA headquarters at Union Station will permit us to better supervise transit and rail operations," said Franklin White, MTA's chief executive officer. "Headquarters personnel also will have easy walking-distance access to vital support services available at the MTA's Central Maintenance Facility on Lyon Street," White said.
 -0- 6/9/93
 /CONTACT: Jim Smart or Stephanie Brady of MTA News Bureau, 213-244-7443 or 213-233-6792/


CO: Metropolitan Transportation Authority;
 Catellus Development Corp. ST: California IN: TRN SU:


LS-JL -- LA033 -- 0381 06/09/93 20:54 EST
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Date:Jun 9, 1993
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