PEMA April Monthly Seminar - LA ART Gondola Project

PEMA presents:

Dave Schapiro, SVP McCourt Partners

Dave Schapiro works on real estate and infrastructure developments for McCourt Partners. He leads the company's efforts on LA ART, a proposed aerial gondola from Union Station to Dodger Stadium.

Prior to joining McCourt Partners, he worked at McKinsey & Company advising real estate, infrastructure, investment, and energy sector clients. He also served as an infantry officer in 82nd Airborne Division for five years prior to business school, including two deployments to Afghanistan.

Dave has an MBA from Columbia Business School and a Bachelor's degree in International Relations from the College of William and Mary.

Here’s a description of the project and web link.

LA Aerial Rapid Transit Technologies LLC, as the Project Sponsor, is proposing the Los Angeles Aerial Rapid Transit project. Metro is the lead agency for the proposed project in accordance with the California Environmental Quality Act (CEQA). The proposed project would connect Los Angeles Union Station to the Dodger Stadium property via an aerial gondola system. The proposed project would also include an intermediate station at the southernmost entrance of the Los Angeles State Historic Park. The proposed project would provide an aerial rapid transit option for visitors to Dodger Stadium, while also providing access between the Dodger Stadium property, the surrounding communities, including Chinatown, Mission Junction, Elysian Park and Solano Canyon, and the Los Angeles State Historic Park, to the regional transit system accessible at Union Station.

When complete, the proposed project would have a maximum capacity of approximately 5,000 people per hour per direction, and the travel time between Union Station and Dodger Stadium would be approximately seven minutes. The proposed project would provide pedestrian improvements, including hardscape and landscape improvements, as well as amenities at the Los Angeles State Historic Park. The project would provide safe, zero emission, environmentally friendly and high-capacity transit connectivity in the project area that would reduce greenhouse gas emissions as a result of reduced vehicular congestion in and around Dodger Stadium and on neighborhood streets, arterial roadways and freeways. The proposed project would operate daily to serve existing residents, workers, park users and visitors to Los Angeles.

LA ART Homepage:

https://www.laart.la/

Metro Project Page:

https://www.metro.net/projects/aerial-rapid-transit/