Time to start 2016 with a bang.

Last week, a final environmental impact report published by the Los Angeles Department of City Planning (LADCP) unveiled a new look for Martin Expo Town Center, a mixed-use complex spurred by Metro's Expo Line.

The project, which is being developed by the family behind the Martin Automotive Group, would replace the company's longtime Cadillac and GMC dealership at the northwest corner of Olympic Boulevard and Bundy Drive.

The redesign, crafted by global architecture firm Gensler, calls for an approximately 4.76-acre development with low-rise and mid-rise buildings, as well as a 10,000-square-foot pedestrian plaza with landscaping, water elements and outdoor seating.

At the northern edge of the property, the dealership's current automobile service center would be demolished to make way for a seven-story structure featuring either rental apartments or for-sale condominiums.  Plans call for 516 residential units on the building's upper floors, 8,000 square feet of amenities and a combined 81,000 square feet of ground-floor commercial space for retail, grocery and restaurant uses.

The southern portion of the development site, currently home to the Martin Cadillac showroom, would be redeveloped with a 10-story, 160-foot tower featuring approximately of 191,500 square feet of office space on its upper levels and 26,500 square feet of office and retail space on its ground floor.

Martin Expo Town Center would provide substantial parking accommodations in a three-level underground garage spanning across the property.  The number of vehicle stalls would vary between 1,451 and 1,876, depending on whether the project's residential component is developed as rental apartments of for-sale units.

Both figures represent reduced parking requirements through the city's bicycle parking ordinance and a 10% transit credit applied to commercial uses.

Prior LADCP records indicated that construction of the mixed-use complex would occur over 32 months, ending in 2018.  However, it is unclear if this timeline represents the current plan for the project.

Martin Expo Town Center is one of a handful of large developments planned around stations on the Expo Line, including multi-use projects from Lowe Enterprises and Carmel Partners.