HomeMy WebLinkAboutSEOPW-CRA-M-96-0011CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: Chairman and Members DATE: October 21, 1996 FILE:
of the Board
Community Redevelopment Agency SUBJECT:
Developer Selection for
SEOPW Blocks # 25 & 36
FROM: Herbert J. Bailey REF RENCES :
Executive Director ENCLOSURES:
Community Redevel me Agency
RECOMMENDATION:
It is respectfully recommended that the Board of Directors of the Sou It least
Overtown/Park West Community Redevelopment Agency (CRA) adopt the
attached Resolution, approving the recommendation of the Selection Committee
(Committee) to select the proposal submitted by the St. John's CDC/The Related
Companies of Florida (Developer) for the development 96 townhouses on two
CRA-owned blocks, located adjacent to the Miami Arena; also authorizing the
CRA to negotiate a Land Lease and Development Agreement with the Developer.
BACKGROUND:
On January 31, 1996, the CRA issued a Request for Qualifications (RFQ) for the
development of two CRA-owned blocks located at NW 8th and NW loth Streets,
NW 1st and NW 2nd Avenues. The CRA received qualifications from three
development teams which expressed strong interest to participate 4n. the
development process. As part of the RFQ process, the CRA Board adopted the
recommendation of the Committee by inviting two of the three developers to
participate in the next stage of the process which included the preparation and
submission of the actual project proposals. These selected developers were:
♦ The New Hardscrabble Corp./The NHP Partners, Inc.
♦ The St. John's CDC/The Related Group of Florida
On August 9, 1996, the selected developers submitted the project proposals to
the CRA for consideration. The Committee met on September 11, 1996 to
evaluate the proposals and finalize the selection process. At that time, the
Committee had an opportunity to discuss the contents of the proposals and ask
questions to the developers in connection with the proposed developments.
SEOPW/CRA 9 6 - i i
In accordance with the evaluation matrix adopted by the Committee, the
Committee chose to reward the development right for the subject Property to the
development team of the St. John's CDC/The Related Group of Florida. The
New Hardscrabble Corp./The NHP Partners, Inc. is also designated as the
alternate developer in case the selected Developer cannot undertake the
development within a prescribed time frame. The CRA shall initiate the
negotiation of the Land Lease and Development Agreement with the Developer
upon the approval of the Developer by the CRA Board.
Enclosure
Proposed Resolution
SEOPW/CRA: 9 6 - 11