Under reviewOther

9050 Washington Boulevard Purchase Option

Description

A purchase option giving the Public Finance Authority the exclusive right to buy the former Sony Animation campus for potential redevelopment, with due diligence to follow before any purchase decision.

Impact summary

If pursued, the 198,000-square-foot site could bring workforce housing, recreation, and downtown economic activity — or a major city debt obligation.

Applicant

Name: CF CC Investor LLC
Address: 9050 Washington BoulevardSee this on the map

At a glance

Hearings: 1
Public comments: 11
Total mentions: 1

Recorded in the meeting · City Council

Discussed

Discussed at 1 meeting in the last 60 days; most recently Sep 28, 2026.

Meeting timeline (1)

Sep 28, 2026

City Council Meeting Agenda — September 28, 2026

Related issues (1)

Potential Purchase of 9050 Washington Boulevard

The council met in closed session on possible purchases of studio-area properties that could cost up to $275 million — roughly a year of the entire general fund — and heard from 13 residents, including signers of a former mayors' letter, demanding open-session discussion. In the report-out, the city said it will NOT pursue the Culver Steps at 9300 Culver and gave negotiating instructions only on 9050 Washington.

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