Archinect - News 2024-05-10T05:32:57-04:00 https://archinect.com/news/article/150394030/olin-agency-artifact-envision-4-8-billion-central-park-for-the-san-fernando-valley OLIN, Agency Artifact envision $4.8 billion ‘Central Park for the San Fernando Valley’ Josh Niland 2023-11-03T13:53:00-04:00 >2024-03-15T01:45:58-04:00 <img src="https://archinect.gumlet.io/uploads/cd/cdcaef089a9fb50f15972e7ae9a84d12.png?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><p>The City of Los Angeles Bureau of Engineering has announced plans for a new master plan of the San Fernando Valley&rsquo;s Sepulveda Basin from <a href="https://archinect.com/firms/cover/11080262/olin" target="_blank">OLIN</a>,&nbsp;<a href="https://archinect.com/agencyartifact" target="_blank">Agency Artifact</a>, Geosyntec, and a team of collaborating consultants.&nbsp;</p> <p>The $4.8 billion Sepulveda Basin Vision Plan will unfold over 25 years and covers an area spanning more than 2,000 acres between Van Nuys, Lake Balboa, Reseda, Sherman Oaks, and Encino that is currently considered &lsquo;park-poor&rsquo; by urban planning standards, according to <em><a href="https://la.urbanize.city/post/heres-look-sepulveda-basin-vision-plan" target="_blank">Urbanize LA</a>&rsquo;</em>s report on the announcement Wednesday.</p> <p>The area includes segments covered in the <a href="https://archinect.com/news/tag/766907/la-river-revitalization" target="_blank">LA River revitalization plan</a>. The project will rehabilitate existing wildlife areas while installing a total of 46 new projects, some of which are scheduled to be included as venues in the <a href="https://archinect.com/news/tag/986992/2028-olympics" target="_blank">2028 Olympics</a>. A new civic plaza and pedestrian walk will also be created along Victory Boulevard. Olin says it will become the &ldquo;&lsquo;<a href="https://archinect.com/news/tag/406977/central-park" target="_blank">Central Park</a>&rsquo; for the San Fernando Valley.&rdquo;</p> <figure><p><a href="https://archinect.gumlet.io/uploads/98/988e435dbacedb239c7c2d2284b66d62.jpg?auto=compress%2Cformat&amp;w=1028" target="_blank"><img src="https://archinect.gumlet.io/uploads/98/988e435dbacedb239c7c2d2284b66d62.jpg?auto=compress%2Cformat&amp;w=514"></a></p><figcaption>Image courtesy City of LA/OLIN</figcaption></figure><p>By acreage, the plan covers ...</p>