El Segundo, population 16,033 (2000), is bounded by the Pacific Ocean on the west and Los Angeles International Airport on the north. Sepulveda Boulevard, a six-lane highway, bisects the City and provides a critical north-south link.
The City has a TDR ordinance that allows density to be transferred from properties west of Sepulveda Boulevard to properties east of Sepulveda. The TDR program is intended to facilitate the relocation of future development away from residential areas, with no net increase in floor area, in an effort to reduce traffic congestion. Please see Beyond Takings and Givings for details on the procedures of this program.
In a March 2005 update, Paul Garry, Senior Planner, reported that Boeing Satellite System received approval for the City's first density transfer in 2003. The transfer met all three criteria for a transfer. 1) The donor and receiver sites were under common ownership. 2) More than 25,000 square feet of floor area were transferred. 3) The approval transferred floor area from the west side to the east side of Sepulveda Boulevard. Specifically, approval transferred 55,776 square feet of floor area from the donor site. The transfer allowed an existing high-bay building at the receiving site east of Sepulveda Boulevard to increase floor area by 45,776 square feet leaving 10,000 square feet of floor area for future development of office space.
