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Norwalk approves lease amendment to free parking spaces for 'The Walk' Civic Center project
Summary
The City Council approved a resolution to amend the long-term ground lease with Los Angeles County for the Norwalk Civic Center parking garage, relinquishing county rights to 150 spaces to support the Walk mixed-use project, extending the lease term and removing early termination rights.
The Norwalk City Council on a unanimous vote approved a resolution to amend the long-term ground lease between the City of Norwalk and the County of Los Angeles for the Norwalk Civic Center parking garage, freeing parking spaces to serve the Walk mixed‑use project.
City staff said the first amendment relinquishes the county’s exclusive rights to 100 parking spaces and its nonexclusive rights to 50 additional spaces so those stalls can serve users of the Walk development. The amendment also extends the lease term…
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