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CC 1990-02-15 Discussion Item
FACSIMILE TRANSMITTAL SHEET ATE: al REMARKS: TAiAt, NUMBER OF PAGES :3 INCLUDING COVER SHEET. OFFICE Of THE CITY CLERK/City Hall/3500 Pan American DriYe/P.O.Dow 330706/Miami. Florida 33233-0706/(305) $79.6M5 DATE: "` I TO: FROM: REMARKS: TOTAL NUMBER OF PAGES INCLUDING COVER SHEEN'. OFFICE OF THE CITY CLERK/City Hall/)S00 Ain American Drivt/f.O.tom 330708/Miam1. Florida 33233.070E 1(305) 579-6%5 AAsTi, f'ka*t� , r4)5) 577.24-45 BY HAND The Hon. Dr. Commissioner City Hall n Miriam Alonso - City of Miami 3500 Pan American Drive Miami, FL r] i�,-,;1 111 i — ( P 11 11' 15 February 28, 1990 rely n)T( �^ 1 1 '"- Re: Proposal for City Administrative Office Space Dear Commissioner Alonso: This law firm represents Intercap Bayside Joint Venture, the owners of the 75,000 square foot block of land located between Biscayne Boulevard and N.E. 2nd Avenue, and between N.E. 8th Street and N.E. 9th Street (the "Property"), in the heart of downtown Miami. We believe the Property would be an excellent site for the City of Miami's administrative offices. Adjacent Amenities. The Property has excellent access to a number of aesthetic and other amenities in the downtown area. It is located directly on Biscayne Boulevard, with a full unobstructed bay view. it is across the street from Bicentennial Park, and only a few blocks from the Bayside project and from Bayfront Park. The future Park West Metromover station will be located immediately across N.E. 2nd Avenue from the Property, between N.E. 8th and 9th Streets. Regulatory Status. At the present time, the City of Miami Comprehensive Neighborhood Plan designates the Property as "Restricted Commercial", which permits a full range of commercial, office and residential mixed uses. The Property is presently zoned CR-3/7 and CG-1/7, which also permit a range of commercial, office and residential uses. The form of zoning for the Property may be subject to technical revision with the upcoming amendment of the City's zoning ordinance, Development Options. Our clients are proposing to make the Property available to the City, for use by the City for administrative office space, through a variety of different options. These include a sale of the Property, a lease of the Property, a "build to suit" arrangement, or a public -private joint venture. Our client is flexible regarding these options, and would welcome the opportunity to discuss each of these options M 0100 515 North FkVer DrKv 440 Royal Pakn Way 4000 Sot tseest Fnandal Cer>ser 1200 Northbridge Canoe 1 Palm Beach, FL 33480 ►Aram%. FL 33131.2398 West Palen Beech. FL 33401.4307 (407) 650.7200 (306) 577-28W (407) 650.7200 Fax: (305) 358.1418 fax: (407) 665.1509 215 Souk Monroe Srate 601 Tallahassee, FL 32301.1604 (W4) 222-23W Fax (904) 222.6410 Steel liedor & D The Fion. Or- Miriam Al.onso February 28, 1.990 Page Two in detail with you and with members of City staff. While the first three options described above are self-explanatory, we believe the "public -private joint venture" alternative requires some further elaboration. Public private Joint Venture. We propose to enter into a public -private joint venture with the City of Miami to build and operate City administrative office space. Our clients would form a joint venture with the City of Miami, and contribute the Property to the joint venture. Our clients would agree to build, and the City would commit to lease, an agreed upon amount of office space in this new building. We understand, at the present time, that the City anticipates requiring 150,000 -to 200,000 gross square feet of office space. Our clients would retain development rights for the remainder of the Property and would be permitted, subject to compliance with all applicable City laws and regulations, to develop the remainder of the Property for a range of office, retail, hotel and residential uses. Of course, all appropriate security issues would be addressed so that other tenants of the building, their guests and invitees, could not access City office space in an unauthorized manner. Financing. We believe that there are ways to structure an agreement with the City that would allow the joint venture to take advantage of tax exempt financing on the public use portions of the project. In addition, we would be willing to explore the concept of providing a parking facility which would be sufficient to address needs identified t-7 the Department of Off -Street Parking, and in such event we believe that bond financing could be used to finance a portion of the parking garage construction. Cost to City. By taking advantage of these innovative financing opportunities, we believe that we will be able to offer the City an extremely attractive rental rate for these facilities. If it is desired by the City, we are willing to negotiate an option to purchase the office space by the City. In the alternative, if the City wishes to purchase the office space rather than lease it for a period of time, we are willing to consider that option. Advantages. We believe that there are a number of advantages to the arrangement we have identified. ° Financially competitive and attractive. ° Adjacent to Metromover station, promotes Metrorail and Metromover ridership. Aft AK Steel Dedor & Da-viA The tton. Dr.. Miriam Alonso February 2.8, 1990 Page Three ° Property is located within the Southeast Overtown/Park West DRI area -- our proposal will provide an economic boost and development incentive to this area, and a mach needed City commitment to the Overtown area. ° Singe our property is in the Southeast Overtown/Park West tax increment district, tax revenues from the project will be used within Southeast Overtown/Park West for critical infrastructure needs. ° Allows consolidation of all City office space. Provides breathtaking views of Biscayne Bay. ° By entering into the proposed joint venture, the City will free up its Dinner Key holdings for a revenue generating Unified Development Project. Materials Enclosed. We are enclosing for your consid- eration an aerial photograph of the Property, a brochure describing the Property, and an artist's rendering of the type of building which could be constructed on the Property and house City admini- strative office space. I had planned to attend the public hearing at City Hall at 6:00 p.m. on Thursday, March 1, 1990 in order to present our proposal to you. However, I regret that a death in the family has required me to be out of town at this time, and I am therefore submitting our proposal in writing. One of the owners may attend the March 1, 1990 hearing. My clients and I would welcome the opportunity to discuss this prop al with you personally in greater detail at your/+rl•ie, cienience. Si Be JB:rd / ;( Enclosures C cc: p-perk, City of Miami Ms. Mercy Lopez Mr. Matthew Schwartz, DDA Mr. Herb Bailey, Dept. of Development Mr. Jack Mulvena, Dept. of Off -Street Parking Mr. Clifford Suchman Mr. Lawrence Suchman Mr. David weaver Ms. Dorothy Weaver TA, REMEME _-mmm N e in I -Ads I Biscayne Goentrum ARENA & EXH(8fI10N CENTER * International finance, trade and center s $3 billion of new construction in the eighties. • "Port of Miami" (2 million passengers pearl 0 $20 million renovation of "Bayfront Park" ,.with baywalks, amphitheatre. fountains, and gardens • Rouse's $93 million "Bayside Proiect" • Decorna- Venture's $205 million "Bisca"Ile Centrum" arena and exhibition center • Extension of the "People glover" along �1.E. 2nd Avenue to Omni. 13ayside 0 Developer: The Rouse Co. 0 235,000 sq. ft. of retail including restaurants, shops, markets, pavillions &entertainment 0 1,400 parking spaces 0 208 slip marina 0 15 million visitors per year projected 0 Other Rouse projects: New York: "Southstreet Seaport" Boston: " Faneuil Hall Marketplace" Baltimore: "Harborplace" Biscayne 60,ventrum Developer: Decoma Venture (includes Astrodome's "Houston Sports Assoc.") • 28 acre site bounded by N.E. 8th St. to N,E. 6th St. and N.E. 2nd Ave. to N.W. 1st Ave. # Served by two People Mover stations and the Overtown Metrorail station. 0 PHASE i 1800 Seat Arena 200,000 sq. ft. Exhibition Halt 84,000 Sq. Ft. Meeting Space Parking Garage 7Zr. �Yz.r .:.a 1+,f,..y.aa•1� yr"1-i rla .t,.. -_..:.! t _ __ --�_. I�: �- - --� -- • `ems _.�::_� 1' ". A r /.-.-._♦ !� - � - z...., - _ _ L:"'.L171 �Ayk�J- F'�. �"�IJ .�: `.5.. _�y,i.'tt it .' 1 - j ILIMir— a. .- ...1.1 Z~ r �f Z L.r--rLR'L__�,�'�- ?crresrrefl ' +YYj N M °m,— $ M�°m� Avfnuf N Mi°m� rfnuCZ� —" iscayne Z r RL, L `' r trum _ 3 S IV Avenl» NE IV Ave ua I •l_� —`LJ — __ — J Y — ° - NE lsl n.a e s 2rd Avenuf N 2rArA Avenve 7T7 (—T� �I :�] T 4 SUBJECT �- PBOPERIN r-1 _ Li L r 0 tb Tayside I �• I MCP �� % / �� J „��v �� '. � � :�� i emu! �-.�� -� ti� � _ � �`v- - f� - - �G�✓ L1 E c A in -7 SMANE AW�&SUMMAN RPAI FmAlp Co. il(-FNSFDPFAl F.S--,Aj-F,FkR(-)KFR N.E. 2nd AVENUE BISCAYNE BOULEVARD SITE LOCATION & DIMENSIONS Ar� or ^ere-, ,-!a r1c si„r,es we -,,s v - .se — - ! " — , ", "" ,ems;— 11 1, 1 1 — I i 1 . �3,3, . -,,—s '-d —P �� I ,, alc $-a. —.'? I sl� , I'll %,pp)f, nvew 00c: el t, sJ,cl 761121 01 lleprlcenl y m ..._ $NAME- ,r A-) - n�®I t StAte Co. AN W�AVROW LfCF:4SFC) REAL F5TATE E?R()KFR 0 Full city block • 75,000 square feet of land • Two buildings of 12,000 and 9,000 sq. ft. • Zoned CR-3/7 and CC-1 (commercial hi -rise mixed use) • Biscayne Boulevard frontage • Unobstructed Bay view • Location of future "People Mover" station • Across frorn revitalized City of Miami's Bayfront parks • Two blocks from Rouse's "Bayside" • Next to future "Biscayne Centrum" arena and exhibition center PRICE: $11,250,000 Terms Are Available FOR FURTHER INFORMATION CALL: Clifford L. Suchman, Broker -Salesman Lawrence E. Suchman, Vice -President (305) 667-6461 9205 South Dixie Highway, Miami, Florida 33156 Any .nformation, herewith is obtained !rom sources we consrdet rehabie However we ere nor respons bk for rmsstaiements of 6acts, errors. omauora p,> s_ e wrtihdrawa� from market. modd,cauon of mongage commitment. terms and conditions or change in prce without nonce The infcirmarion supplied herv,n s for rotor mahon onai purposes ly o and shall not ensufure a warranty or assurance that said information is correct Any person mtendmq to rein upon the ,ntormat:rr. su ppiied herein should verdp said intormahor independently T 1-11- 1). K '& T Ali u M - NER. COMPANY CITY OF MIAMI ADMINISTRATIVE HEADQUARTERS JEFFERSON BUILDING 1500 BISC4YNE BLVD. MIAMI, FLORIDA REALTOR -3598 4770 BISCAYNE BOULEVARD, PH-C • MIAMI, FL 33137 • 305-358-6340 • FAX 305-374 f H E D B. M N ER . ..... COM PAN Y CITY OF MIAMI ADMINISTRATIVE HEADQUARTERS JEFFERSON BUILDING 1500 BISC,4YNE BLVD. MIAMI, FLORIDA REALTOR 4770 BISCAYNE BOULEVARD, PH-C e MIAMI, FL 33137 o 305-358-6340 o FAX 305-374-3598 r✓a s.rz,� rsx :,:r':.�s. isg�- ws"3's' .. . � 'j t,.. � .�s'4k���.,�75;"r �i'�• +;�. �f �.,.�4.,� �.-:: 3 �� ��,'.: ..::;.. . ,,;, i4 � �,:� i i ti,., ..-°• `� TA9LE OF CONTOM�. E r Y M x j e I'M a r, s 1 4h b It T v 7+ 1 5 4 1 I � µ 3 ?.. .. �..,,-,. hl���l��pi;l::,,�1, Prll rj� 5ri•��1�� M .�r�M r � �� . ,� ��.���. �- N, ,��, , � ;, " '' `�l R'i i � � � � �.��o•��..,�i r� �,�,,.�. ��.�,, . ,�.� �f. d: � I FABLE OF COWEN TS INTRODUCTION PHOTOGRAPHS LOCATION MAPS PROPERTY DATA CONSTRUC.- T ION INFORMATION FINANCING NEIGHBORHOOD INFORMATION r.. ��.. ��� . ������� ���;. - SU M- NE COMPANY March 20, 1990 Commissioner Miriam Alonzo City of Miami 3500 Pan American Drive Miami, Rorida 33133 Dear Commissioner Alonzo: My clients, Montgomery Ward and Transportation Communications International Union, have authorized me to submit this proposal of the Jefferson Building for consideration as the City of Miami's Administrative headquarters. The min building, once a retail store, can easily be converted to administrative offices while keeping those nice features such as ceilings high enough to create mezzanines, escalators, large floor areas and a freight elevator and loading dock. Both the main building and 330 space garage are in good condition and have been professionally inspected for soundness. Edward J. Gerrits, Inc., General Contractors, has agreed to provide you with a "turn -key" renovation package. The offering price of $13,900,000 includes a construction allowance of $6,000,000 based upon our preliminary estimates of your needs. This would include a complete renovation of the interior and exterior of the building, including installation of windows. A skybridge connecting the main building and garage can be added for an additional $300,000. Construction is estimated to be completed within 8 months of final plan approval. You can now own a virtually new building of 180,000 square feet plus a garage and surface lot with over 400 parking spaces, ready to move into, for only $13.900.000! 'That's only $77.00 per square foot and considerably less than the cost of new construction! The Jefferson Building is located in the northeast Omni area which last year received approval for 2 Metromover Stations and the $150 million Performing Arts Center. Metro - Dade County is also planning to build a bus terminal in the area, thus making the Omni area the transportation hub of Dade County. The Omni area, (also known as Miami's Upper East Side) is a tax incremental finance district and enterprise zone striving to encourage serious rejuvenation. The Jefferson Building has been targeted by the City of Miami for a catalyst project for the area. RrAI.TOR * 4770 I314CAYNG 13oW.r-%'ARr1, 1111-C o MIAMI, FLORIDA 3307 9 305-35R-6340 • FAX: 305-374,3599 Commissioner Miriam Ainnzo March 20, 1990 Page Two I urge you to give careful consideration to the Omni area in general and the Jefferson Building in particular as a link between the Downtown C13D/1.3rickcll neighborhoods and those areas of Miami needing stimulotts such as the Northeast, Biscayne Boulevard and Overtown. M-lis Omni site would be more than a compromise location for the City of Miami. It would surely please the Northeast residents advocating a Biscayne Boulevard site and the proponents of a Downtown Miami location. More specific information on this property follows. Your comments and questions are most welcome. truly yours, t Debra Sumner President DS:bd Enclosures cc: William White, Montgomery Ward D. A. Bobo, Transportation Communications International Union JEFFERSON BUILDING AMENITIES, BLNEFITS & LOCATION ADVANTAGES 1), Prominent Biscayne Boulevard location, easily accessible to City of Miami employees via the recently approved Omni extension of Metromover and other major transportation arteries. 2) Across from site of proposed $150 Million Performing Arts Center and Omni Mall affords both practical and cultural advantages to City Employees. 13) Situated in an existing tax Increment district and enterprise zone. Locating the City of Miami Administration Building on this site would be a major economic st;('Iulus to potential redevelopment within the area. 4) A site on Biscayne Boulevard provides the opportunity for a significant architectural statement and identification with the proposed redevelopment of the Boulevard following the Burle Marx Master Plan and the Performing Arts Center. 5) The site has the potential of high visibility, not only from Biscayne Boulevard but also from the 1-95 and 1-395 expressways, and the Port of Miami. 6) The location of the City of Miami Building within this area also has the advantage of a significant amount of existing under-utilized parking within two blocks of the site. 17) "Tum-Key" construction provided through Edward J. Gerrits, Inc., General Contractors. 8) Available for occupancy within 6-8 months from architectural plan approval. Design flexibility and large floor areas (49,000 +/- s.f. each except for 11,530 s.f. on the 4th floor) enhances efficiency of operations. 9) 330 space garage is easily expandable. Additional surface lot containing approximately 40,000 s.f. included for use as parking, day-care, or can be sold for further cost savings. 10) 2 sets of escalators, freight elevator and loading dock provide efficient internal transportation between departments. 11) Skybridges can connect the Building and Parking Garage. It desired, Skybridge connecting main Building with Omni Metromover Station may be possible. 112) Separate former automotive center of 20,000 s.f. for use as office, storage area, or leased for income. 13) Unique financing at tax exempt rates without private party tease restrictions offers flexibility to reduce cost further by permitting lease income to City of Miami for any unneeded space, as well as eliminating the need to ask for voter approval or any increase in sales tax. I. r Vi i:�; s,..! as _ ll, !P IJ:,IJ +... y.l .� G �.�!l ;.�o...,On I ,� a, xe 61; 4:,. .1 F(y.;. .,+ 'd ,�..k lY.: - ' :, 1 •. I f� k al t k� � ; PHO r RA HS -. �i;'�°PI u1f1191iP1��i�ia�''''�i"�91�111'�In'��Pi►'i�l��i�'@�fi`��I'14 _�Ijotograpll Views 54 pow C., 1. NO III II I,..I 1�1ufh:�� 116a 1 �116IId,�ilul`'�i1,dV dl �m�idf i�il� �I.�i�i�'��IYYi�l�l ��_ __. �_ .. v 'R. - %� -fir' Sw= �. _ - - ..c � R �a ;'- �- - :, ;� �. = - : -,:ice �,. � _} ,'.,,�,' — . ._s,' � � .,fit' _ o .. _ t �� ! _ ' s i _, it �4{—' � . ' .1�� �l.r f � � F_ _ _ � ._ r �' R.��Ser yrwn �`_� 1..,. .. - I -- I !, . I I L I I - , . , I I ... I , , , , , , . , I I I . 1 1 , I . I I � , . , � . . I . � P I � - , . .1 ., . L , - - -1 , - I I I I . I I I I 1� " . � I . .� , I I - . I I I . , , . 11 1 . City of NEami Administration Building -- 0 View from N.E. 15th Street I - I " 111, 1 ,, I , � � r , - i I III I I' III I "i I I 1111 � 1 11 111 !Q" 11 11- 11 1q: 11111" 11 1 1 1 !;,.1 - , , I'll ITO T III '1 .11 1 1 !'1, 1!1111-1111 77 7, caY ;F �s?� s��¢se o. uATIN MAPS► IIVirIY6���yVll�idlulliu�IVi'II.IIiu il��I�!��I�;.il�ufl'��u1161�ua�lY�I ul��'Vi��I�'�I� I�i�i it"'lll' II !III' i�i Ui �lli ��I�' ill��•"+'I Iil II!lel f it II" 'III II"r1".I'I' I.IpI" II I' illijPpl'�II 'I'u II I'I I 'n' '.I IIII!I1Illlli I�II'lillpRll!IllllJ I11111�VIIII�I�10'II�II�IIIII�IIIIp'I'IIIIIIIIiI!Im^I��rll l lll9l'RI161p11i14II�Rlllllllll�lll'll?I�llt�lpllllll!I1'II IIgIRt1111iRl,lllpl lll(I�� 4�llt,l'i 11 IP �I 1Vlllll��lllll!��11��IIII� RI ,1111„IFI�1A 1lI�!� III III�II 11 1 �� II P RFlIII'.15� 11q?'lllllquil+IV'Plrp?,;I,,u Ilp'ulrl At, OADE 441 COUPITY 1 SIACH00111 CSI 1-42 ST Q > � * f i . > - CARD It "Y *AT GAR IFNS" CITY , 1, 11 I ','- fln 4 AIA _MIA AnnFN -2 NOR H AIA MI 4", > Is -cj MIAMI FAN SUNNY Z' kxpwy IstEs S 13E 820 5 V( iLES -RD > 17 -ST. x 0PA-tOCKA' 0u x vf> � GnAIJAIA ST op nrl(( A HI jvt IAMI lix > > 5.1 NF NORTHfA PA! tHARBOUR IIIAI It f 17111 Iq tit I InI TiRAT#r. 011 LS, I LLj nf% nvnl IGARDFN RA r MlAtZl ILI rw SURFS I'll to u..l A� al __T rnTRn st ___ IIAI[All > 51 MEDifY SIIORF SIM 51 > J!- 91 -1 Si $ - - -) ; . aa D l T-79T" 2 ST s-Z.Viv 41A vkIAI E44 rxp%vy Sl I . , Ilp -Z a 441 82 fly MARTIN'I SITH ST MIAMI to ST SPRINGS rATI4 > P C&.b co, of ( c. p'llipoll't. EXPWY' MIAMI 9 s 11@2 fity 35Tli CWY r 21 c_ REACH -r'Wy'- x VEN FTIAN ' rswy ILL A 8@3 6 cl xp X1 w F Art F w F I- A TL F —A ST CIO I'll"! TWAIElt 1APAIAMI 5 > ORA > �Ywluridj CORAL AY RIrXF NRAI' _// LIj IBLS G f Vw.. DIFIn 4 C. nt) fit IIE Avl IDD? I.IllIKL5 2 7 'I(Ey fT BISCAYNE lkl� LOT NAPP 4 > J.—A WRE11 .11 .11 Jh 7 11 hl Iw fr 1Ll MI A tAl �`�'.� -.,� - ;,II"1 _I �•• �._I�'_I I �I. I � I._t� iII •II �.f�';��_��,_�. 1 �_ �_ �,� . r. _ I�,.�t...l �_I ___I•._�'�� i•.i_�._I__�^r_�..I''1 �_li..►, .�.(_��..�..I i; n�•(,''I,1.�'� N, i••.i /�1. �•••�IUi' „ `I iUl IIj AV'q 771 of 0 T• �:II�':i-.i_I'"_� —_�.` r,:� If'•t� ••r, ; �11ai.•_i_•..�_i.F!'_I•'_'.l _ � i''• • 0.) — 7 ( to ir=i�'•�����u�� 1 OI all U.F. AVC. hi Of �151jm fill 00 t J IIISICAYN17 z It N. (IAY SI ME- 4, L Oq I I.I.C. I IA! SIR It' C I IIA1.11 I. IIALO PL. Alit SPACC !-*A17 IrTY ; X"14CIt C, tl� fit 111 i A I is rr iil t Ill j_A111 !J'ACC 111SCAM' DAY 1.1 TMAP-d FFERSON SA171:TY 70Hr. DAY t it::j V T-T T T �TTT7 -TT-lT777-1 TT Tj LA K W. 20 ST. f-TlF---1 4E A L Jr LF:Tmm; mic"m W Kw HE OMNI REDEVELOPMENT AREA CIYY OF MIAMI PLANNING DEPARTMEN' lid:I1 Ui IJII'l111dikl, Id6! Dill lliI1h[NII d ,Ihin l lo, II T"I�fi� OPERTY DATA S^ �,I� � �r`, i"�i' 7mv �' M:�, (• 'FAY rli ��f'i� � az:, r f r"��rn.iifn� rnw .pi �.I> ,Y, .inr 5i�is �Y° i-C�;,;t i,�� Y" i � •'r 'r "�^,r. a��ro I dv @�.,. +x CONTENTS BUILDING PROFILE FLOORPLiANS SURVEY TAX ROLL INFORMATION BUILDING PROFILE JEFFERSON BUILDING BISCAYNE BOULEVARD FLORIDA PROPERTY DESCRIPTION WILDL W 1MPRQVEiVIENT�: 4 Story Office Building 159,636 +/- s.f. Garage Auto Service Center 20,000 +/- s.f. Gross Building Area 179,636 +!- s.f. 180,000 +/- s.f. ARKINC Garage - 2 Story 330 +/- spaces Surface Lot 80 +/- spaces Total 410 +/- spaces � O� Land Area 172,640 +/- s.f. _ 3.96 +/- Acres YEAR BUILT 1967 and 1978 addition DESCRIPTIO A) Interior - 2 sets of escalators and 2 passenger elevators providing access between floors. 1 freight elevator and loading dock. B) Automotive Center attached to a 2 level parking garage. C) An outdoor landscaped parking lot is across N.E. 15th Terrace. fly-l-cf-WHIR.U. c c c { 0 v LL= _ i { li + .-err Torn. crAo rut. ofLn -'PROPOSED CORRIDOR?t: 1 c C. c TOLLETL f y ! TOLM PROPOSED SECOND FLOOR PLAN (THIRD FLOOR SIMILAR) f ! — TO ite:'f i L- -- - - --- ---- I U• MEW TOLM ' I PROPOSED CORRPOR N - -- — PROPOSED GROUND FLOOR PLAN OR AT: VOUND s�oha :7.00R rr. - w+'r�wMA�+.• �a »•�-eau .ca Er+a.,.,. u... .. _ .�:..i.,. .... ,c .. �:. ., x- .5�,...+r�-'.Nry�R'�.h�.,.&n� s.y�. ..,�rx.>n �v t.,+� _,r.�,.�, r.., a� i� ��l� �������� I� .�� � � I!� � ! � � V�l��. � i I �� a �lil�ll� �!� �� ��!l��► VuV�I pis �� �� � �� ,,l���.�� ; I .��.► ����g�� �I�i!!�!� �� Z 6L" o II�+)K%�R� { r r i i� .IIi 11 ipll 1 11'11Pillllll l ilill inugmm riq lli o�.q�.�yl,f. fl� SURVEY e 't" � fit. i; '.{ I '. 1 - • � . �� '. !'•?- _ ._- T._ I __"..--__.._..,•�ti.l•__'i...._ .�. .,._� .•_..-.. _._,'.� /�71.. �:X irnt l„�, _.�N llll♦ ri i � � � .. �. .. �, ara t.,•�w1n1_,j1 � ..• 1� � S •�r 1� � 1. �.a„�� ( �" f � j 1.•• � i. I �1 �'1 i� aa.an..nl 1.•1 - t i �' 1 '•. I •,S 'q ht 1, t ' , 1 ! ' 1 s.rS t :�.(vA' �Y r_"^I: •_} I•}1•v_\ .,_ a•t r�I'•n;v `,�Y 1 .1 ,4 •f Jl'~r .air:. .. ... a,. r 1 S .�; , 1 .;a �•t•� .f•r��` � •: y'1 �•� l.1';I;ti: :5;:�•��t`t•j 'n'�; I� '• ,�,j�.:;,x�r:"a.�.,,,,-'"5±+ -�t; I �. :�. �,'� ,. .1� 1:j � 'r4 I' r A 1. �,1 nU .i•'' .1 � u I1 � ,fi(Y , R'• It-� 11� � it '1i } _. �.._.11-_ a .l>.rn.if i•na star• I' t •�•••^ ''1' 1 `•' •,;.,, t• �� gal ' �. +I i Y I � 1 t•1 1. �'� � tif• J - 7;A , �I y � r- r -j• cp 'r � ti,,N".wri � iS w ��.:1. ^�t, v La •T « rl , I S •� 1 i I p 1 r li I ; � -.__•l i.trfrl'' Arnt � � /►7..a I' -' �� �� �a i• I + i:�,ri�•.•ttil— r.; •:r+v♦rr.:. r!•: a- 11 ( �•� 1 rrc•• 4w• T I a SUR L.1 Lot 4 LESS the North 1.0 feet thereof, all of Lots 5, 6, 7, 8, 9, 10 and Lots 11 and 12 LESS the South 5 feet thereof, Block 11 all of NORTH MIAMI according to the platt thereof recorded in plat book "A" at page 49 1 /2 of the public records of Dade County, Florida AND Lot 18 LESS the West 10 feet thereof and all of Lots 19, 22, and 23 of BISCAYNE PARK ADDITION according to the plat thereof recorded in plat book 2 at page 24 of the public records of Dade County, Fioorida* AND Lot 1 and 2 LESS the West 10 feet thereof, all of Lots 3, 4, 5, 6, and Lots 39 thru 56, both inclusive, lying West of Biscayne Boulevard, Less the South 30 feet of said Lots 47 and 48, all of NELSON VILLA SUBDIVISION according to the plat thereof recorded in plat book 4 at page 81 of the public records of Dade County, Florida* *See sketch of Survey. Lot 23 and 6, Nelson Villas (Biscayne Park Addition) traded for Lots 20 and 21 (Biscayne Park Addition). RT5rA�r|E p0Sf f |-C NTAMI, FL8EI/'A 3313� 30�-358-6340 FA�( 305-�74-3598 Dede Countv Property Record 01 Folio 3231 00� 008 00 Address 1500 B%SCAYNE BLVD ��9al PB 4181\\39 OR BQOk r M WAR� & CO INC-TAX DIV ress 18-S1 MONTGOMERY WARD FL. 0� CHICAGO IL 606-/1 Building Information 01 139,7�7 ! 89 Assessment SLUC/CLUC 13/11Zn64Ni]01 and $ 1,764,660 SLUC DescDepartment Strs 9 $ 1,000 CLUC Vesc Retj] Stnre �ta] $ 1,765,660 Munic Miami � Tax Year r 8lt67 Bld/Unjtr 1/0 Exemptinns Bed/Bth/Hf $ �.765,660 Lot Size 58,822 S �axes $ 75,260.96 Liv/Ad] 145,655/i39,797 Legal Information ELSON VILLA SUR PH 4-8( LL OF LOTS 39 TO 56 INC LESS STS OT SIZE 58822 SQUARE FEET M WARD & CO INC TAX DIV Extra Features A/C Elevatnr Escalators P}umbin:i Sprinkler Svs Wa]ls on -'' ' Buildtng Information 01 39,878 A/C Extra Features *111(. I), (!, `;I_Ii ilir_"t I r_11',1F-'0N 1 'its j:,_I WAYNK i:(ll.li E'IoI. ( , I A,_.I M % Of L-,t I , F I .O F' :I: I:, .j t :t I. _, "7 Dade Countv Property Record 01 Folio 3231 nO 7 Ant 00 Address r'aaI PJA 4t 1\.\1 OR 9001.:: r.Iwrt e r- M WARD & CO INC-TAX V V dress 18--91 MONTGOMERY 411G'jRD F'L. i HIr_:AGO II_ 60671. 1 87 Assam-=.=.rnent. '=;1_1It_:/CLUC a _ :'F5Zn6= 11_11 dq 1,000 I:_LI_iI_:: De c Parking/Vacant �t.a.l 941.625 Muni Miami Tax Year Yr- R1t.67 N1d_./Unit.= Q/A E::::emr,t.iort=_. Bed/Bth/Hf [axes $ 28.236.04 Liv/Adi Legal Informat. i or-t ELSi �N VILLA SUB PB 4-81 10TS 1 THRI I 5, LEtiS 141 LIFT OF i.-CITS, &2 FOR ST & LI_ TS 1,_: + -1' - 'z LESS d7. 5FT CIF LOT' 10 FOR yT PEF; B 2-24 BI` CAYNE. F'AR[%: ADD iiLOT S'IZE 3� 625 SOI TARE FEET Building Information itil I_I Extra FeatureTF E::.: f Lights Pav 3 ng �-,- (I 1' i ,r :f4Yt.fE 1,1_+t.l►. L '.'r'a(tf-+.. r'LI--t;:. FAK L _ 1 Dade I_:ot_ar-ty Propar tv Record iI 1 Folio 231 I:I06 012 00 Address 216 1.6 NEB 16 ST. e.aal PB 4\22\\2CI OR 0001:: Wrier- M WARD & GO INC:-TAG DIV' Pdress 10--C;1 MONTGOMERY WARD PL CHICAGO IL_ 60671 5 Asses=ff1ent. SL_I_IC:/CL-.Uh_: 1UI -',1Z n61M1101. Larne 110.000 SLUG DescVacant. Commerc l 11.0, 1:I CI CI Mt-artir_ Miami ._19Year Yr FI1t.CICI B1ds/Unit.1 IIiii Exemptions Beni/Bt h/Hf fI ifI/sr 110.000 Lot. Size 4.,400 a::-,eS 4, 213, 73 Li v/Ad i Legal I:nformat. i � �r-t Iyi: F'A I:. ADD F'B 4-22 F'9 2-24 CI T 20 CIT SI ,-::�E 44 00 SID TARE FEET ----------------------- r: M WARE) & CO INC TE?:>; T-TV lip II IVIJaY6II!!,!,I�iusllillll!ilia Ul'�Illidl' II!Ilill�l'� l s rM II i l�� ill{ it �� li l I, �il�,� el o �l �.l I!I �IU ��s '1 11, CONSTRUCTION • I �' CONTENTS EDWARD J. GERRITS INC., GENERAL CONTRACTORS FLORIDA ENGINEERING CONSULTANTS REPORT E:- .ME EDWARD J. GERRITS, INC. GENERAL CONTRACTORS UDWARD ,i. GERRIPS, INC. OFNERAt, CONTPACTOP March 20, 1990 Ms. Debra Sumner, President The D.B. Sumner Company 1444 Biscayne Boulevard Miami, Florida 33132 Dear Ms. Sumner: Our firm is pleased to propose a "Turn -Key" renovation of the Jefferson Building located in the Omni Area for the City of Miami's Administrative Headquarters. We are excited about the prospects of this project and its obvious importance to the City of Miami. As always, we stand ready to assist your clients and The City in anyway possible. As Per your, request., I am forwarding to you both copies of our corporate brochure and various reference materials, together with our preliminary construction cost; estimates. Please let me know how I can be of further assistance. Once again, thanks for thinking of us. Very truly yours, EDWARD J. GERRITS, INC. Patrick T. Geri -its President PTG%dd Enclosures 3465 N.W. SECOND AVENUE, MIAMI, FLORIDA 33127 * TELEPHONE (305) 573-2465 FAX (305) 573-4476 VARD J, GF-PRM,, INC— FNFRAI_ CONTRACTORS RI" Ir RliSOM "31,0111R. 1.52 , 326 S-0. F;,00n AREA GENERAL. CONDITIONS DEMOLITION INTERTOR DE110LITION EXTERIOR ELECTRICAL HVAC (INCLUDES NEW 300 TON CIITLI.I:R) PLUMBING (-PER DISCUSSION) SPRINKLER ESCALATORS ELEVATGRS ( tIRCIIAN.T.CAL ) ELEVATORS (HYDRAULIC) ALARM SYSTEM RTRIEPROOF INO STUCCO ANr► PLASTER WINDOW OPENINGS (RECONSTRUCTION) WINDOWS, ;TORE RONT, AND M7Itt1C R1 , PARTITIONS (QUOTED G, Elea. L.,/F Of-' h" PARTITION 9' HIGH AT INTERIOR) DOORS AND HARD14ARE (442 UNTT:3) MILLWORK AT L01`113Y HARD TILE (4,888-:30. ITT. 06 $5.50) c3ATl l ACCE ,S011 x )rS TOILET PARTITIONS (30 UNITS 0v ;t340) PAINTINC FLOORING (USING CARPET PlITCHU) 1Y $-19./t0 CY AND BASE. Q $1 . 10 L/ F ) ACOUSTICAL CHILINGS AI:CIIITECT FEES Oil R PROFZT I200FIM0 - STRIP AND RE-•RCTOF @ $470 SO. z: �490 = ��- VA s Inc QTA tll.�tao1�•. WORKS OUT AT V1: 9. 00 .130. FT . 31.11V "A ri, 19ng $450 , 079 2 1. 9 , ^52 750-, 000 7A9,759 200,000 162. , 792 11, t, , 000 31,0Ct0 a,h00 1�U,OC►0 13a , 000 Z07,440 233, 2 20 .^,03, 709 �5061 707 136,136 30. OOC1 2fi, sail 5,100 10.200 1G4, 400 33�i, 1�J3 320, 1113 212,005 $5,532,923 276,647 $5 , 009 , 570 $230 , 300 $6,039,870 3465 N.W. )[COND AVrNOr. MIAMI, fl_ORIDA 33127 • TCLIPI (ONE (305) 573-2465 FAX (305) 573•4416 aria 4 I' rxTiTf3T'i` "«0! Page 2 At .I.RR1T, INC.. I. NURAt_ CONTRACTORS t r JEFFERSON STORE GENERAL CONDITIONS a ICENSE $100.00 ERMITS 16,800.00 SUBCONTRACTOR BONDS 49,810.00 NSURANCE 210,160.00 EMPORARY WATER 1,000.00 EMPORARY ELECTRIC 5,800.00 EMPORARY TELEPHONE 1,200.00 ADIO EQUIPMENT 2,500.00 CE/PAPER CUPS 500.00 FURNITURE AND FIELD OFFICE SUPPLIES 3,500.00 TORAGE SHEDS 500.00 EMPORARY FENCES AND BARRICADES 2,A. 00 PROJECT PRINTS AND DRAWINGS 4,200.00 ENTAL EQUIPMENT 7,500.00 OUCH HARDWARE 10,000.00 CAFFOLD 8,500.00 ^MALL TOOLS AND SUPPLIES 8,000.00 _ LEAN UP 5.000.00 UBBISH/DUMPSTER RENTAL 10,000.00 LABOR 210,000.00 AXES AND INSURANCE 69,300.00 FFICE EXPENSE AND TRAVEL 1,000.00 TRUCK AND AUTO EXPENSE 1,500.00 ETTY CASH 5000.00 UNCH LIST 3:000.00 AFETY EXPENSES 3,000.00 TOTAL $=/5U , 077.00 ST OF BOND WILL BE I% ADDITIONAL IF REQUIRED. •-- Ay •:�'w _ 3465 N.W. SECOND AVENUE, MIAMI, FLORIDA 33127 • TELEPHONE (305) 573-2465 ,. fl FAX (305) 573-4476 iili [ifltRbl! �Q1 f (tiri1M11UV f M; ItIIfIi�Nlilll;ll illilillil'Ililihllllili+hili'iiljlAli ^� ''' IIIlhili.ntlllh'Il I,IIIIIiII'IIIttNIIIIIIItlri,Pilill' Iili'dll,l'i';i ill{hlli►tililll'II I•Ilillili'Ilillil.11 illliliillil,111111'llli I' IIIf, i `I � Ilillllll!IIII{li'll I•IIIIIIIPIIIIJI (hills III illli�lilull4111i1 III�'�II►.Ij ' ' Illlniii�lllll'li ,i.IIIIIIII!illifli 11 •illili�ll'lli'lilililllill (Il��Iillll'� 1 i inuiuullltfLlLllliUlllllll'+— EDWARD J. GERRITS, INC. (Q INTERNATIONAL BUILDERS we at Edward J. Gerrits, Inc., believe that Experience, financial Capabilities, Scheduling Effective- ness and Personnel are the basic considerations for selecting a builder in today's market. We're proud of our accomplishments and we invite you to compare us with any other General Contracting/Construction Management firm. sWhen it comes to construction cheduling, nothing is truer than the old adage, "time is money" To e successful, a contractor must ssess the ability to effectively hedule projects. Gerrits uses the fast -track and design-build approaches which can create sub- �stantial savings in both labor and material costs. In keeping with this cost -saving ommiiment, Edward J. Gerrits, Inc., also employs the round table Gerrits experience is well established. Since 1 J45, Edward J. Gerrits, Inc., has constructed over 2000 commercial projects world- wide, including hospitals, office buildings, warehouses, resort com- plexes, airports, schools, shopping centers, churches, condominiums, apartment buildings, banks and manufacturing plants. We have proven our capabilities by success- fully completing a large variety of projects throughout the world. method, which consists of a series of meetings with owners before con- struction begins. This allows for full owner participation in all phases of design, engineering and construc- tion, thus eliminating what could be costly misunderstandings. Wen you select Edward J. Gerrits, Inc., you not only gain from our experience but alse from long- standing working relationships we've developed with numerous Tile strength and credibility of any contracting firm is directly measured by its ability to wield the financial assets necessary for a major com- mercial development. Gerrits has proven Usability to take on and tackle this challenge for over four decades. We possess exceptional bonding capacity. subcontractors throughout the world. We have proven our capabilities by consistently deliver- ing quality craftsmanship. Gerrits has a longstanding record of com- pleting projects, on or ahead of schedule, at or below budget. Edward J. Gerrits, Inc., has been honored nationally 23 times for its non -disabling injury record. This has resulted in lower insurance rates and reduced overall project costs. Edward J. Gerrits (1901-1984) and Louise a Gerrits it Edward J. and Louise O. Gerrits are a gracious and indispensable part of our community, demonstrating over the years a deep and abiding respect for their fellow man, projecting gentle dignity, profound integrity and sincere good will. Be it resolved that 1, Stephen P Clark, Mayor of Metropolitan Dade County, Florida, do hereby proclaim Friday, September 10, 1976, as Edward J. and Louise 0. Gerrits Day" Donald P. Gerrits (1928-1981) 3 i$: r 3l is WEEK OF TNUfi ;bAY. SEPTFM"En if), 1Nnn TELEPHONE Win-2603 oil SOHN --.. N 1.0." 1 Patrick Gcrrits Building 'on timc, in bu(Iget, Faith duality' R.o 1ro1Mo m on Prpo k v GjBeading Floridla's largest construction firn-i X C r i ts9 It Pot"Iell -Tat". t ........... at'-- 4 1» ar to "'W1, .1 A Ind III, d,lh of hit f. AICAsmf Ifs, Pry!nlrwl. is., the 1 -1, 14. ift-s Matti, 1;19 "I bully h- I an -rho", hI, --( ratio, IN, h, I-Plt-fl .,d f oribit rnen1, foil". the :4 Tfk Ent Pris.10v h1ed rtomPanr of an, &INd 1. the fatale with 11A.-INAl held bid It footfall (a _vw.re .,In P.,_, 1., r1l 11 A rAAf it "Ifirt A "I.N4. I'lif, P,--- 1, still, f.t." /a NrMrA pot Pje(al. f4itl, "I", is. 114111. 11 flat" end /1 cox"'ta'. ..d 1-k-Har vafn_ ad A "Pielvareass /or relatilp I '40 Job, do, a en Price ad .1thim my lolfMcf.sag drYwdf so -of jimi.vor f.o1f F. nolLsoad, a, built as Asufairld 14 ImNi .Aral 'If ,ch-f-dar *ad -1 a sarong, of $--Al omit"I" dollars ,A# Ge"Noll Aomm, A., Ratale hem stitaidarrod with 1-st two aall A-, I-,,,kh Gerrin and hit A-fh- 441.0faaf 11.1ft nal,(rirar, .. short, ... on 04, fia-ije .- 1. arainnial IFINIVA'. 7hrtr /rtha, fo,d ,Mote re de to or a ley of ".; ad upA, I I ;, bit. son. risk law". ,,bill,,. lh,- 3 .40 they "'.Alsiom Iht 6-It. ash"A rnnarNr so-eaft A ar 'I'll-Aip to a 11're -1-,, 6-balls, 1-- 0, or 6, 10.0 ..)wmmad! IN, "" hot so"a- --I thor ,of$,,: lob. jillid.alfelf h"t'le 011 Rar mfrn lewd be Ifiarni r,,jav an• Innavenrl d,l- it"'hosef 114hoppor -A, aaeat I* The 11"I'"llo of it lim4 --died stmast, Why ,, 1, L"N' . as , at "a" allied It, be 4 "t. I vat 2 ,at Ill", Pat' '""' 11 ,,I, J.'so, Anj 11,,sat Antonio, fl.111, In" 111"It I 'Perif ItemJb,,.l M. 91h farad,hj, I Q V so any lint .1 itt,ond car an It . fete learn -e .."ed 1. allot ,enlcl poll ,,I he .la's altAlLfunt to Issd and met, , anj "ievinta,an got " " 0146,1 par", Islas AwakillIA? : tic C)"'n t,if of I 1"'.d. did ricial hil't a an "hisIA1. You had to go to A.tm-,n at at,,, " me and they save IdL,ng only the ." highest of, J". the A 0.. 1 Played J,]m,jj or.), a,,,Il... fd%, y, d,dri'l haN,o, any 4 ths. So I d,do-I quality for seat'". Q: So -11um dw I" del A; I .allinto commercial nyit,,. I was a M-meranaill Is" fit about 2 1/2 year%. My ImIllhapt Machold and Myself both sevc. In let he'll of out heart and 1a my torhatt. I heart. lot 'cof"i, ..old like to hat,[ seen us vffw into lots bull '"It. We Ovally decided iticrt tairs tuo flat liarwrt lot ", an IlVing. birjum I 0ey wnt us, wining um or file koicaft war stairs all litroils of I" Inl1c. We decided we weren't going to get oil a major &'alone. w t.d boom go shad and at n T " is old. I loalcad in D The 'afluflact;orn b.11.W. Q: I'llost Its (Act was *of a am olvalialso fail y"? A. I had asked at it my *halt tire. I started fight all" licit, the war, -a I946 I -.% about 7. You ,ouldn'll !cl cit : so my fa:hn would hate Ill"Isecil, ho . AaYear hanvatc.ould-, a. on Sao houl And get a has can. we* III., so p. of the got%. straighten Iferst amAI A 11 d put 11tcon in (he can to be uwJ next Is"k. So I base been sooillonly in kunvio"won ,once I V46. Q; Wbnol V" lilliallas wsA41 fogliabso It life nno. Vskao .- fast, film tut! A: It saas what was itons the Cappericant Building, I had asked 43 or liaboic, And a anackcarls"T from J`1,n IVSI until 1960. I lint bell I "me a., of the A., Force the Oat lob I .1 ktd 063on .&' 'boa t"Ild"'g. on I cim- flood 14114AM11heJuIP011. fisalift abolvall fowa so lean too base*- it.. the v"Noull logif A. V", my father mulledwe should. Just is tiolcm: :.1' am. she All t,Afcc my rather wris Klwhaor and myaclf to of (aim an oil. scal's, pan of Fl..Wss. lit n,&Jc us bla.IJ two h ...... Jwag 100 per cent of live miolj - J'S'ptia she l"..1jilual, Potions Ali* fall, pa"ofts flit I. ricelit. fly, ag the blocks, slums 10scciesitic. Q: An #hollow" slimat"il*gl A: j hey sic soj) up) Q; What did I" Items 0481 flow 11,61 A%a polinat A: * I Wall I learned a little bit cal everytrade to,, h Via" bast to na*, I."" slars', ask A roan Wr 4,u -I ...'I ask I W I J., I so .All gal it. "Iniouttu'll solo base." d0nc "oul-I Q: Ike cluatimsols, bass built a coluddarobtof abi o6dl, I 1i ,:f.I..1 .14 fill" sale ifa lure.,A is c. . ZjXxj We J".'I ja ..) j. se -1 '01jor fort 5lay., a I PlItAck ORTF110 stsrl@d At F. lifflightersiforaq idle for his dMI, The Achiever rtfrIcIs I, (:oreorits Itt-ldnol titillated 1. Garrill. sac. 146514W S...d As. milivaR ))1 )7 37).2"5 ,Age. 51 It n. Kleine. Vill lbsol'" III, % ... let Phdo,,why "Wass., it-. 1. alter F-04t treat P'.010 .ark mint tot tot.tooto I ... Ill., Naf I. as s. rglN. of Its. ",.I parows, eight. III I ... a 'ala socks. that'. .10 ..!, I. bu Jena. tharlito 1. Ift'.. , * Nan. 11.,vio K,,o, sh"t, ,4.,fc ollti. Nkc,%, both nital"t how"''. pn,hab!y SSW "W!"'M ... $1 1,01, .14od u, %a. Jenc it" fnctel 0II, lho0h it,, ( bran lIk" Mnb rrt", ., ("'[Ads. ssj ...... and Central alro",,j We've J."'. a It,, 0 Im-11luoy, plant%. a 1,,, if nduml,al .ark. I . it roan fit< gamut. Qt Via: laid so itsideatiol, hot bj,cA14 TOM As somilloarl .'I ;'1_? A: We did foinlili AnAllmenti and wine condos, hul .,it 1.1"Ic 13 Is hi-ml. Q* What am maw of poor Itw9looph lialidisagoolisarbalsilsoinjarea? Awc did ),at ffictiv Town, h.ch as the la bu,ldinsf. If a, the ..fin, of Mieml our many )c&f%.the 1d1fn( biniolinginflic Noutheam US We did C"'Jarl nr I rhanon ll.'roltal Parkway Geaffol Palmetto Ucracarai 14011mliol alad 'he Miami lislInctiandisc Mail - a tell [Avot Illu,lufC, us" hall a million t4um c ten. We've or worked of mou offhe Mothospilsols in Kitimat Wc,.t as"ast The F_j Wind%. oil apartment budding oil K1,amo Heath, I , ,milesfall. ight In file arce W'-�e dine move fts;cfs in Coconut trove. at dial Gabs" P1.,..a ,ny wc,url-ous Mitcv build I (,O,A(Gsall in, Qz Is flose" may am istrojeal that bass" oat to Iscult initial 45 41-114 11, wittliffilloy - ka-lass f4coo-tad the maim im."cia.? A. one .1 as., Llggnl aaompl,,hmenn ., Art Afkilntd.We loills in fopotoil after ,% operating and vic licked she top tomear, Itucull up Wt limits the Call" 11111 11-9 (lot while ., had to IticAW up on the Air. We ,built ohe On, olool, set the building back do.. on if and the bloV0141 01-T, ION a day's oitnal,ors. TWI wet Voice sit &-impit%hrient. Another isart we did it us, In Birremlsitim. AL, at file IS .... woxvl mW,,.l tcnlc, We had 1n dig a ifirl.0 ,, wIl,d .... Is. 1, was I() ("I deep. )Q [If, Jc and Sal fee I,m@, mdsq"Ajh an [annoy tr.nrytat. We had o" Jlnr,"tIt [very inch of Ihr ..p and he, "On the pal. Q; voo, bate a ftsioloctome Ice aroomplamlits Job" wall .111mi. mbodally A, I I— a.. two thing, was, push in this if. G'.. 4U.1ay and Itnuo. use .,a , 271.(0K) square• [.us Ilu low S"o.h CAtehno 1st 11 111-1141 W C's. turned uw A ho) bad Whou..orbol,11 ont AltwtunJoK Mass. me It'd " an W", likianthi. Our No. I jolc Ii, it you hate in hose as dilate, on time isfull an budget, we "" do ""', We I.A., I'll,, 1:,Lor I. Can.,. 11""salknoltsid(ho."f-, to,,,. . 0; If*- 114 go b.,l llouall A. We I.... .1I.1 we .If A F.ws,d.4h(g an 'A' soli I'll I-Iti, I'll I'LI111111. 'Os", ii., 'uh, J,ut, ,Ij silt, arlacr ,ad It ur ....... tin A—— J Pic ...... .... ... l olt %k Isto . .1colool.1,11 01"'. 11 . joll"Is at ilable. C, artol-jr,', III, , ..... .. IS, I Its W's ., i.a gal I Its, 1,10 ... tome. tin huJgrt end 11"r thin, a Quality tab, Really In, fmsyst;ca1vd own" r,cloo.alopt she work. fill M ".. , a. Itur , lvall'. the Amt.. the mall. t tp.,.t she.ns - -rini done ,pcAt wink year all. Varsol past all 1-Wo.? the only ,, ,, I. N,or-alt ..In the a.,,- I'- -c and ita"t he. I,. here - Is, 'b" .04 allota. isminell a f000,lpath A' (-Sir tl.lh 11 a frartat the. motion 1 1,11 Of half N14AJ up ton she ba.h at Ihs,' a", ties to at.wl .1 "m 0 1— has, full n,1,Jcnar I„ the and ,our th(Il', .Mnsi w111ny -Ill 1&,t $task. I So, 1qmr, .as,, J"" " :, ds,Ist n, ■ budget "'I" up 1'.. ,If I", I..". I , fill and .11, 11,111.10. 1 t-A. I W to,lb ., !1.111 .11 nudJ ,l bu0j.... I thin's has[ . ::_, moors-m III. 1-14, Ito&,oln ,,, , $:it 11 a t'll11111.0 J I ran, 111, $1,, It's mi,. 0.1 I ,, (I 'tac nl„I" I v I ha, I I , .11 1 15 ,om, groom 11 ". V., A _,n I-wes her All in ,J lj,,h, ",11 slue in _11 Jlhrr, Oil .11. "'I , I— Ile 1I11 ..W 11 ""t"'J' Inked .,. I I 1 111 'call. ;n;',nZ ',All All NIAlall lu f%jo �a run " It tits building," n u ,, i to -n, "I ss a is nmh,np I I In a Ian 1 pf.-til. WN tcry i:cs,luj 11 tl tfcrltctl Jam mono 0: What tear the wastivir iuvars f.d.st the b.114161 i.d.ol'T lamon , as the fit n I , a lot t7.olituill ro ,, and,,,,I ,honk „,hat , hot ,bar )I I at " I'm.,. I, be to so I . Istlest :,. or shortage an be III "A". I nett wereI when pegd< had a 1st, of I ... de so sto out Islets, and A-mph,to ,.."ban@ he call,, ulu"Win busill- today. vou'ra, aim $,mmsy so laic the r-plo, our .1 high rh,N,l .. the IV- In -yeer.lAids out there, PAY them Slu or 111 An locut And tell ehern au go :lot And workin lite him of sun or day. I ht)*Ic mill all lake a job in an c,, too ,,,: I at S7 all hour and be in 419 CunJ.tioninf, be b1cicoscidtar,.ardup. :c(y few - test than 5 Part sent - of my ""spot on "potion flat lotto today art under 11. Test vcao% Iwo's 'oday. 11'. f,milat base III t" i' mchoJ "" n"" n a' an a factory, fire lat"'I ,, nt h" hat WIC 10A she 01014111,111 As we J"w 1; ,today. alone ,,'1 h 1, - •,,, :- -- no. doll. Qi Ito. fee sall.otiteell alrndv Is that rumt, label ntksad- A: W h last lots, all ismia systems: see heft pot sAg "'let your .,.,Iowa come. tau go, to file I'lcal -411 -arms. L'ohl or nine teals 690 -ht coca ists, filially fmoh,bmt. but IuJay. iWasaw tharrt,t out labor. All us, a sudden at " beconsc a oratscim.'e. Take a building like Over 1914ayne we did downtown I has pats, Ift,wis! be ansionard wish f 73 rot 225 people ir."v day You can't on 'ho c Just imut out there. I he,: 1:c"". u, I a has is". an to co,lion. It'% just I c "Itfso ., he l.b., loss,.. d Islas.$ wall Rol 00 ,of here and do mjrW,f lAbw an she ,us, he. It'" beat an ulglw aunuy Its go $..site And . 1A it a .".Itasat. .. An .1fict. They'll like is,, - bar "An" 1to &-11' m.nu JJ -I. -I., -hAn or .. ..... A ... I do labor 9: Do swe sure bollallialt astatojok thasseltigg 08.1fl-allif A. ssollita.al. sfoanfp; stay rdNPv, We bull, the f, W Jr. .1i"t r. ar."mcloolly oat"W, cr 0. Mwo. Hush, fast Pim o.A, 1,1,.k par. I.Ia,,n, in alaw 4,W.Al was just nuse ..I I rA, astomawl 24•23 )car% tLd lonj I stood l'i ne,a allow trust in my h.0tb.ol, It .61 1.. a on ... do,, I ,JIJn*. bci,c,c an. Lulat Its, bacasoilai.8buldooff it', IAr y J r." rl 1 U.C. 'ALC sica. 111 1, 11 1.11014 1 mIAj1m hIllimal.1 1.1 j the ..I h..O, rot the hts.p.uil ". too, -1, P)AU, 111.1111,u L111.01 111. 1" 14 airIIIJ lislIl 11 %. I", All III,, Q: Yalu clot piyoenref for ear of frawsll stir. knr at ..... 1! % cots .." 11I, fol't I., use ., .,i England W,i rail ,nrrr M 14-11 Alto IujuJ J,%sslill. u.1d Is, Ll I'suk .1 .1 4:IJ V. , V,".. hulk I ih, . ran s p .......... . I""ilith I. 1 ,An 1,41 ." its elu'w,h ... ..... ....... f A hN,11 1. 1, ", a. A 1s.-I I-,? h, d a I ,sh,,ft At $2 -1 111 Inc N"'.4 IN,., S11 _1 "In US lost 11141 It"', r,1101s: In f 4 nion, li" We , pinn,4 that 1,,h n not ", and ,at der and $4 m,16nn I"i Msc sim, In J" 'W", It m.1c poh, a ("}land sit, rhr ,local N., J,ms 11I ., a .... t ruin A "f he " Pi Ple 1'. '1 :t.j#joNL, 110-o c. Is," Is, d Ahell his., r,,v, At elan n,on IN'.. ao, Tito". IN stoc., ,a, Its '11, as betIfy jovomp " 01 n ,etwd little tm,,Auw of the aiA101 and 11m, meth0d, .e rm1oc4 an A: I III d'dra" his, a 'i"Ifs, you." C-0. I hey .Via 0.1 there % hand ..,. '" 1910. AN-t hand but -fin r.,sain, fits ."r hanging d loss +h and hamm",. They w,,a 1,,, 01 . kn% - 01t knorl" eat cusetical ficniple I,, rn,k -IV - but only J." hod nc,c, 'cenihaimilun,81-and inn tinw, victs"Worls, .. - t I. '" xsnnd li,b, st, t.,-Ohs .11 pus da.... In per IMN. par J1,11ed, h,nufhl all, hlld«ire ()i it.. -Oil I.. son 1. "1 errs so "Npblis ale baddlact suits , Iter knocilm-1. lentil In? k %%, 41,IM rash Cedars „1 IthAnnn he Pearl, ""toart J the. h.j'.l .111 tar "tune...", loss J JA how 1" .I'll m 11", J-ded a,, trip A aa,p ut I ar I.... U."Ic II H,.hi It," mic 'A. .1 A, 4 i,,v Wuftv field ItJ h"c steacri't , 1'. 111 pe,'ptc ohs, e,1ulj J,: II In c de'Wed et", to Is, hu,t 41,, the . ..... r"?' as aa, ,,oaf on be ' 'n v1 I.n we,k, ad I I I I rnit its, 1•IA I'd And at st" 1J ... .0 1., - m. o4hil Wij wan, III ". .. Vs, roosts, mir 111h, and lroll.vhl - our he here , I. ompa,lo of .,l.W N 1,, A c i,,,cW mound the st hola, US. C-sia. .h,,h.gh file ( .,,bbears and lot Eu,istoc. J.m.sr ...... 1. fol."Paitt'. 0: wital am vote I"Islogs to it (be "Arat led Zara.? A In One of ItmeconallookIDOR mcluvin. particularly I'mr The Galati, urgf-1 weIt,. has Is, in hpuaik .,, a he ally 1460,. C:lmpanmr, like AfAl jnJ 11CA cash otti-I (pus ,, lose hospital. and we .,WSJ go .."Nan "V, "Whosly a pump sal ,.ak money I nor 'I. k'P; t',t nor fume a,. base a F ... ("a.. " .1 " 4% they illstj I., (lost A h,.,l .%,or th' testy I 'stand I.r-Imat Z'oe not lead) an spend it 1. Ill. $20 migh,alt. h-,i ,0% turned do... they Callt%f satt best. A falls end oul also isor" v"alivir so base so V., pn,ate. I Key round oin that paso,aft resople an '.. (hzP,nv,1Aj.hcAfmcF I is d unit tirsitt. r his , hit we*,, ve. " 0 no. in she re..'a 4%%Icm roday Its% than 5 per cent oil all she ra)Plt inualcorlomed are in f"Opr4clary r,!vma. I h.C,A in be a I'vaccit'Nas vloult, inn he pariTmairtsury vivion busitin%. I be-, .:An run them ,rosettes, build them "title c11i't"ll, than Inc goo.""Ansin car .,ad Can 1,kir'sthart paiso',Arn, an thal rise O.'"noonst 1,"'" '11"viorsdi 0: Soft far? A. 14" tan 11.1 the prio,onct, to ..,it and Day the. & accarrii alAiv. w when thc% let otim. 0,ev Join's c,Itlsac olu. ..I Iha,% 'if halt 114 #hl them a Il&JC and the? can sake or., and use It in the "%I gialion lics"as, 0: A-v oflomoc Areas? A: We arc a '"i NIF future an rcus"t in the 17-hh's., youl'u, are row bl'i ... I.1v Tharo,", afield rot ism, Ishasid.1t, 4.4 :he K"I hu.srodc I,, laxly. 1 they're Vo.rigs I,, jo, Ill. , ., feel. Ia rht 4'.,,hlWja. %4,' 1 ..j, Wit " ridly sumo ..that .4 Is (he Certits F,,u.o&n.a k. All" my foi.yat, posted away in 14114, my h".h.1 Move ated 'I'lo,lif J1c%t Ill.. I... a still. .1 ease "' much ..I 1u, we ".III 4..IJ J. ..alatfunt, in, room We dw-jec! -be, ld take ,, J., was I she of"'Ilelat n'. h-, I.. we -.I $n llaulyd YIP, 1a • ,,Astonjol and I,, the A ...... in tautull C.-hart A1411 - Ul't Aduos a (.fit among Ch". *$III we bdictc tire PtrAss,1144, .he m-u qtoliwiaj ., -100 All, Not, I I.."Ololl C'y %,'. I, A ..."a-INtolew We (c.a ntwnau 40.turn O's" too, 'h-o me Is As, �II "...1 1,- A Issift", wait A 11'.nail a-,c in,, t1l A,. Jr." Ingal As "a"I"'Jun _ 14 1'. halt roAJr .. ..... lit'gol - h 1"%. ,c No; do-'eu ort"ple. fill, :Ilj IN( . A-k JN,fj.1 Ile ..I&[ oifskt, W. ".It, he SOUTH FLORIDA BUSINESS JOURNAL May 12, t tioo Gerrits fIrm's phno sophya Rvt.reed and thoroughness By Alex Finkelstein The -,r was 1967 and the SIO million '.tiami'.terchandise , lart was just breaking ground. The �_nzral contractor: Edward J. G. r- rits Inc. of Miami. The projected completion date was April 1969. F,,under Edward J. Gerrits, who died at age ,,I in 1984, said his family, group could but that schedule b}' 16 months. It did The Mart opened in August 1968. Spe"I gnu tlluroug�hness. '-but above all, th.irou hncs;. 'says Patrick T. Gerrits. one of the fr.undtr .; three sons who is now pre>i- dent Of :he .t0-year-old firm. "That is our CoipoT:r.c philosophy. Entcr:n! the fifth decade. The Gerrits urganit ,lion is a sm_ll-town contractor no longer. En_i;:eesin_ News Record's 3985 surrey of the top t00 contractors in the U.S. lists family-( the pri�utely held and farm `Miami ,used firm 951h with revenues of and9c I:t�ralct of SP36 4 milli,-mr'inol9S4. :rests in banking. The Gerrits sold the oldine company for the Citizens National ank chain in Central Florida (Leesburg, Ocala, Orlando) and are concentrating on building and construction managemcnt. — a field in which they have few peers. • When it comes to construction schedul- ing, nothing is truer than the old adage, ,Time is ,rioney'. sat s Patrick Gerrits. "To be successful. a contractor must possess the ability to effectively schedule projects. Gerrits uses the fast -track and Prapproaches which can create substantial savings in both l.Ibor and material costs. ' "Nhile othet leading nationu! contractors are g )in_ through reorganizations.— Fluor Corp. r,f lr� in.. Calif. anti Nlorrison Knud- son Ct,rp• of Boise. Idaho — the Gerrits orUanit:soon crows more: \,livorotls as the years pass• ear, the cum- in South Florida alone this y parry will be t+orking on 5150 million worth of new protects. Another S70 million to job . bein- negotiated. international divisions in St The tarn has Croix and St. Thous in the Caribbean. an in Nc�+ We,,tministcrI $.0 Canada. Until lust dear, the family also had in A LOOK AT A SOUTH FLORIOA PRIVATE COttr FANY Edward J. Gerrits Inc. HEADQUARTERS: 3466 NW 2nd Ave., Miami. FOUNDED- 1946, by Edward J. Gerrits FORMAT: Privately held, family -operated. STAFF: 180 worldwide (30 in Miami) Top EXECUTIVE: Patrick T. Gerrits: president BUSINESS: General contracting and construction management. REVENUES: $219.8 million, 1 Q85 CURRrEfIT SOUTH FLORIDA PROJECTS: Parkway Regional {Medical Center additions; Palm Beacl, Gardens Hospital; r oke pines ital; BocaRatonCommunt y Hospital. SOUTH FLORIDA CONTRACTS, 1986: Total value: $1 S0 million, plus $70 firm was one of the Ilrst South Flonda mi;lion of new protects in necotiatiot I The general contractors to u.e �, hat is sometimes referred to as "the roundtable meth(ld,' a series of meetim-s with ov ners before con- struction begins. -This allows for full ootncr participation in all phases of design. en ineering and con - says says Gerrits. "It also eliminates what could be costly misunderstandings.' ,vhile Patrick 49. anci brother Michael ]., S l .senior g.'icc president, run the day -today operations. a third brother. Edward G., 6_ `the executive vice preNident, takes cart of other fan.ily-related businesses. When their father died two years ago — he. left -work on a Friday. died in his sleep on Saturday — the brother; flipped a coin to see whc would become presid rat Patrick won, but all three,plus their thear mother, Mrs. Louise O'Leary Gerrits, s discuss daily operations. A,iditionally, there is fresh help from Patrick's son, David and Michael's son Joel, both '_'6. d The Gerrits organization projects in South Florida are legion. A few of the better-known buildings: In vliami - Cedars of Lebanon H�`>pital. Onc $iscayn. Trnver, St. Thomas University. Parkway' Re�tional Medical Center. P p`i Cola Bottlin�a Plant. Gahlc Ovcrseati T,,tyer. Chart House Restaurant. Christopher Col umbus High School. — Boca Raton In Palm Beach Count} Cpni Thlnity Hospital, Lynn Insurance Buildim,. O!hers: Gables lnternal:�,nal Pl za. Cor. A Gables; Hialeah aedical Center'. Foul: V�'inds Condominiums, , liami Beach; Ken- dall Gate, South Miami- clie it .. ht, ..a,^, ,n_. d. third ..1 „ ti\` w ill d cr the ]t,b tv, . ;.i s he ule , Ind tii cat tt — rt : 1, ste ;isn't. The cc�mr•.: .. _ . , In. a .l jor bull_;I,-, •.. contractor in - 'it., in the Althou=h 011 tire; ac`••nc"t c ;_ !t5 !,,Ill acca�lc� tit 1t1`.,,,1i1C�.lit: tt,l IlJ iC The wisGonsin-horn, Marquette University Gtoiup. e>Lher' gut •:l ; ,'- �. ells drilled one graduate Edward J. G'- orate "Touch a;,d denian�;n_ , o philosophy into his core _ underlyin, p P Then you win a and strai'2htt.•r�.ar 1. ,at, team during his rzi�n: „! R, will be more pro- president ._ keep him. it ; Inc customer Hcmkir. , titable fair both m the lung run. iom;c t;4t n- ! !.t I --To this day." says Anthony S. Cabrera, contractor. c he ,r tt r of business; dct elopment for the authority ail.; c; I "MCI .27, 194h KW13614 I' RIRL M-DCC'Sm*_gen1ous, deal: a lease downtown from its own foundation By BETH REINHARD As part of its downtown expan- sion, Miami -Dade Community Col- lege will lease for 23 years a building at 25 NE Second St. formerly occu- pied by AT&T. The general contractor, Edward J. Gerrits, will modify the building and then sell it to the Miami -Dade Com- munity College Foundation, accord- ing to M-DCC facilities manage- ment dean Jeff Brezner. The founda- tion, which will receive tax-exempt financing, will lease the space to the college long -tern. M-DCC will pay the foundation about $1 million annually on the debt service --'the amount it now pays to lease space at five locations down- town, Mr. Brezner said. M-DCC will give up its leases in those downtown sites. Mr. Brezner said the school is seeking funds from the state to buy the building from the foundation. The purchase price and renovation costs will total $9,945,000. The New World School of the Arts and M-DCC Wolfson campus will use the 189,000 square feet. Seven stories will be used for drama, dance and visual arts facilities, two for of- fice space and one for Wolfson campus classrooms. Gerrits will add three stories to the building, modify the existing seven levels and install new air condition- ing and plumbing. Gerrits, which does construction work nationally, is performing the job for about $52 a square foot, "an absolutely incredible figure," Mr. Brezner said. Patrick Gerrits, president of the Miami -based company, said this type of work usually costs about $100 a square foot. In exchange for the reduced price, M-DCC will name the building after his mother, Louise O. Gerrits. "We kind of approached each other," Mr. Gerrits said. "I was look- ing for a way to honor my mother, and we were able to work something out." Leasing foundation -bought space until funds were available worked for M-DCC at a nearby location. The .school got $5.9 million from the state this year to buy the 25,000- square-foot NCNB building at 401 NE Second Ave., which it has been leasing from the foundation for about two years to house the New World School. M-DCC wants to acquire even more space adjacent toAhe Wolfson campus, between Northeast Fourth and Fifth streets, Mr. Brezner said. "Our downtown campus has grown by more than 30 per cent in the past two years, and the New World School of the Arts is also expanding," he said. "We need space to accommodate all these new stu- dents." Iry 4 t EA A 1 oA ' Wednesda July 1, 1937 The Miami NrwS Y• Y rapal visit brings out best in business Construction company in charge of site planning puts profits aside for noel JIM STUNSERG Purchasing 50.000 pounds of ice. tracking down E00 chemical toi- Icis. finding S.000 mums that will be in full blossom on Sept. i1: These are some of l to wars Edward J. Gerrits Inc. earns a buck. And a dollar is all the Miami - based general contractor will earn as site planning coordinator for Pope John Paul if's :3-hoar visit to Miami Sept. 10 and 11. Gerrits is overseeing the spend- ing of some 51.35 million in preparation for the papal visit. And il-ovidir.g ice. chemical toile's and flowers is but a part of that task. " We try to get the best price for the archdiocese." said Pitil Doher- ty. Gerrits' project manager for the pat ai visit. "We are trying to he tighter with this project than we would with one of our ov..-n. In some cases we are getting things at test and in some cases we are getting outright donations." "The phone rang one day and there the)• were." said Patrick Gerrits, the company's president. recalling how the firm became involved with the church on the project. 1 don't know why they got us... Archhishop Edward McCarthy originally wanted Gerrits to over- see the construction of the plat- form and attar and handle ar- rangements for the outdoor Mass at Tamiami Park. But those duties were quickly expanded to include seven other stopover sites during the papal visit. ..He (McCarth}•) just said. 'We tacked abut it and decided you're the people we would like to do it for us. Would you be interested?" "I said. 'Sure."' Michael J. Gerrits, Patrick's brother and chairman of the family owned company, added. -It is an honor for us to be involved. Aficr all, how man times has the The pope's ig. - - . I visit to Miami pope Visited our country ... How 1png will it be before the pope and the president meet in Miami again?" Gerrits has built about "SO to 75 schools and churches for the archdiocese over the years." Mi- chael Gerrits said. But most of that work was in the 1950s and 1960s, Patrick Gerrits explained. With the com- pany's emphasis on hospital and resort construction jobs — often at remote locations — it's no longer as interested in building schools and churches for the church, he said. Nevertheless. Michael Gerrits said the firm "is hopeful" it will get the upcoming remodeling work at St. Francis Hospital in Miami Beach. which he said is not directly associated with the Arch- diocese of Miami. The hospital is owned by the Franciscan Sisters of Allegany. N.Y. Since retiring as the city of Miami's assistant police chief in 1950, Dchery has worked as a Gerrits project manager for about four vears. He and, secretary Malinda Cleary are the only Ger- rits employees paid for working oPP the arrangements for papal tlsit. Nine other Gcrrits employees — includir.g firm president Patrick Gerrits — volunteer their time to tompiete tasks assigned to them by Doherty. These include such functions as seating. parking. food and sound systems. -'Orly the chie! knows the big picture," hii_hael Gerrits said. **At no time have we attempted to commercialize this. We have Phil Doherty. center, briefs Michael Gerrits, left. and Patrick Gerrits plans for papal visit asked for no favors in return;' he said. Michael acknowledged, how• - ea er, that the Gerrits brothers would like their 54•year-aid mcth- er to Mee: the pope. "But we are not pushing any- thing," Michael Gerrits said. Construction of the altar plat- form and its sweeping tent -like ceiling is to begin next week. The altar, composed of a 100-foot crucifix on a 200-toot by 130-foot semicircular platform, is to be completed for a rehearsal on Aug. 24. Doherty said. But actual construction is a minor part of Ge^its' role. Plan. ning for the crowd and their needs is a bigger "challenge," Doherty said. "We expect to get a crowd of between 400.000 and 450.000 pea pie. But we are preparing for 500.000." On the wall in Dohe ty's office Is a Critical Path Management chart. showing with red lines when decisions must be made aid when supplies must �e r.e:-d. "In most projec:a, :her- is a fudge factor of i few a --ks. 'N= don't have that in this :are. With 3213 million in -�ntc cs, low -profile Gerrits rsi'is I00th in the too 400 contractor ist =om- piled by Engineer'.n;; .`:e vs•R,r cord. last year. :r-.-- than 25 percent or the cornpan% ; wor% was outside the United 3:alm.:he publication says. Although Gary.. >.i•: ; percent of the ccmpan_: - .vo-, % outside South =Iorida. done some impressi•:Dr'x near home. Area projects ir.:: d- Car- pus Christi Chu, 71ornas University library. Grob- 7:rce:s. One Biscayne Towc ^car ,,fed. ical Center and Christoaher Co- lumbus High, all in Nl:ami. iiialeah Medical Center iniaiea and :he Lynn insurance Baildcig :n 30ca Raton. Gerrits has about ICO r.111-iime employees on its payroll. Jnly 32 people work at the mpariv.I Miami headquarters. ,3 N.W. and Ave. The others are lased in ' either St. Croix in :he ;in Islands or in New ',V!S[minster. British Columbia, Canada. ) r :n 1945 rdward 1. nts and his wife Louise foun"iffl ie cnm- pany. Louise Gerrits. the )ro'hers' mother, worked as .he :•moony, treasurer until recent!•: Since its founding. :he -ompany has been guided 5v c1 ird Gar. nits' belief thst "if •you craw! between the toes of .he ;:ant• :he giant will never step on you." Such "crawling" has :ace❑ the compady to hospital mnstr,'Von projects in such plates as Taif. Saudi A:abia; Birmingham. En- gland and Craw',ordsviPe. ;nd. "Eigh:y percent or -n 90 percent of Gerrits' corstrictlon work is negotiated. 'Ne don- bit: on construction proiec's. W, ne3o- tiate with the owner." he aid. i�^III��It � � Rl lit ll"€ ���i llll 1�� ll tii�l'!191I I�I� RII 11 �I�� 1 "Iligl!'I I' � `��li �� j9lllll l'�I II" ICI il'�III'� i q l�� �� I Il ilk illilli ll I III'��II�Illl�l� II 11 li�lllll ll 1911�1'i ��ll�'��II����� li �f�l ���� �� " �II 'i l � MINI, ' • I Ill ail ,� � � �u• i �� II i�. �I��� �I p .' l 11 I'� I «11G1i II I r g re rfi r • a t �r he beginningofa lout;, successful career ofthe now Presidentof l;dward J. Gerrits, PaLrickGerrits, the well known general contractor who, over the past -everal vvars. has been an integral par•tof't.he growth of 13c><r1 ILIton CoinIII unity I Iospi1;11, is now one ofthe 1.1rgest builders of healthcare related fhcilities, in the southern United Slates. With offices in ;Nliantr, St. Croix, U.S. Vir- gin Islands, and Vancouver, British Columbia, the Com- panvctirrently ranks as the 100th largest gc nrral noniron for in the United States. At the helm of the Company is its 51 Year old President, Patrick Gerrits. Born in Racine, Wisconsin, Patrick Gerrits grew III) as lheyoungestofEdward:uldl.otiiseGert-its'fivecii;l(li-en. Today, Patrick and his older brother Michaeloversee the daily operations of the construction company that last year was responsible lc)r over$200 million in constr•lic- Lion contracts. Realizing the complexity of'planningdiv Papal Visit to Mianu, Archbishop:IIcCarthy asked Gerrits' family if the organization would assist the Archdiocese in the "project management" of Pope John Paul ll's visit. "it was i r-lily <in honor lilt- our organization and our family," says Gen -its. 'It w•asoneofthemostexciting projects undertaken fn'our Conip:inysince its beginnings."Workint_+closely with vari- ous represenLitives of the Archdiocese, the Gerrits Coni- pany coordinated both the Popes rneet.ing with President Reaganand theoverall planning Crr►• t.heoutdoor mass. After assuming the role as President of the Company (upon the death of his father 1n 1984), Patrick Iclt sonie- thing had to be clone to preserve the strong ideals of his father. 'Th is was the impetus for founding the Ignited Press International/American Football Coaches Associa- tion Trophv and the Gerrits Scholsarship Foundation. "My father stood livr integrity. i have to believe he's up there looltingclownandsiniling itthisiwartfantischolar- ship."'i'he Ui'UAFCA Trophy is a%var•ded to the team se- lected the 'foot- Division I College Football Team in the country. Founded through the estate of• 11r. Edward Ger- rity, theCurrits Foundation prc,vides the winning univer sity with a $32,000 non-athietic scholarship to be given to a deserving incoming freshinan by the President of the University. "It is a way of the athletic department giving something hack to the university," says Gerrits.'"1'his is one ofthe best scholarships I've ever heard of. The impor- tance ofwinning the UPUGerritsTrophy will he as iinpor- tantasanvcollel;efoothali coach can shoot for,"saysChar- les McCiendon, Executive Director -of theAmerican Foot- ball Coaches Association. Although national in scolx% I?dwa rd J. GerriLs, I nc. places a special emphasis on importance of the South Florida Community. The Company's activities with both thecon- struct ion ofthe l lospice by the Sea facility in 13oca Itaton to the project management of the construction of the Chal- lenger Seven Menional project. located in Miami, further erve:isevidenceoRierriLs'corrlfill t111011tto programs other than typical construction projects. Patrick Gerrits has been asked to serve as a niernberof Ilona Raton Coinniunily Hospital's Corporate Advisory Board. "I :un pleased with the I Iospital's request to serve on the Advisory Board," said Patrick, "I laving supervised the growth (constmction) (it' tile hospital since I970, 1 truly feel like a part of the Boca Hospital family. What better luck could one have than being associated with the fine folks at Boca Itaton I lospital." BR,CH CORPORATE ADVISORY BOARD IiarnyA. Gampel Gampel Organization Rntlio>nyf omparato Compson Development George Rarbar Mie Barbar Group PatrickT. Gerrits Edward J. Gerrits, Inc. Jolm E, Pratnslolfi George Elmore Prudential-Bache Securities, Inc. Ilardrives, Inc. Ilk wile61 0 a OIOH I ml, Florida:- i �' � y' x 1 ,. ty�E � � ���. a �y �:��� l.,.tt�����,." }.�,Il� '"s�� "Y+;. ty., � • f MAT- 7 C ¢ f � ti. '4 7v a i4�,#:°� 1`• � ti s � t t#•5�y��!�.t .. �4 , -'t p.. s�,,L+ +S�r�t �•l} s - - r t ( t r t.� ° �Jk'^� F? +�S � �{T � {-�` " �?r-t. ''k' 't 7 t •''^s.. ���� �� �k ~ 1 - t t Y� rs 'h -s tt t�' S�i±+ Y - •. _ '/t 1( t -: fi t ■ t i } t �iy aS ,. ' d i. ir'i -. e.4) � ft "r ?nt y, ;�'€u' j,•!s"'d�c �, �[K� k �S '�"t' _+j; + * ,.: r`i` `-„a '* .J" t ,fly, jf, i'`itt4e• _ �,,,' eY' �.:•� Si _'1 it �,.tY ilir�.il4ir �i�" Y S'?JJf�tt-firr y( r,.�c' i. '' (, � �•r i.ri v �.;.i-16'"�,� �Ftk�r t� sl y{ t +-}f � t t.� �`•'��'"���4'1ts` �,{ i i .t 1 � ���j.. A�`�j c j. .i J t tic 1C YS7 . {,S•!F ' t« t`2ik'�(�•,itn L T ° i �_ + �''. { - r # � t 5ii , r_i ;_- � 't/� �*•"`'Q���a;a4 1 +t� rid i 1 �• s . .. 4.. •r °d jj��lrr [,i�� •�M 1a t t.. t'}ly�k DTI /? 'rf-�,.. ( IY•�i(5r,1 apji�'J .t k3 11 } itiF_i i' {k.,v' •• a 3�4 `'1 tSi �" tft�"i k �r�.�• t �t i 1 Ile a ;ti'�i�r 11 J•� �..vr � i +� �. �' a�i'•r 1 ��••. � +� . � 1 � h l�`t'�,4�i,a�+';1�.!•St� �>•j`,.�ry'a-ia , nt�1•H�a. (. �. w. -� � bles:lnfernatlanat PI�Z�,'Mlainl, �lcrlda ��' •��. •Y i } }.ir� _ i .' a.ti. 4. `+ Y,� y+' ,� l vs1 Q+ .1 ��>, ,y ry,4� thf (C=' �� d u`NN INSURANCE, GROUP 'Mr :"a�aMr>"- - .�r�Trx•r Wt*+taJj T �. .aY�. i,.'•t M y,8�^an'��t tF 1 Jtanca Hulldlna,-Sdca vI, a 'Psim M 1 N �or Medical Plaza 777 ::q ftvwl 77 7 h- 0 V .. • > ' �rl r" ��75'f �; �� � �i �fr + r4 �,I � •" ; F ° ���#�t . �C. � .� yaks ..�; t I • .. "T;x,�,, �:. ��, :` �i e'er'_• ��� c t •'I�i �I r�r.��Yy.. y � . "- 44 .. ,.i0olov S. e. �- .5�� �k•I irA ���. �ti _ � .. ,t sM' �: a f';'r � �i �i 1-d•4 I ry'. 1 F' itL.�� 1 �... t•. .� Y b Fy `M. ���, , r 'Y I I �'`'i r�l uN f��r. I •�. ,•, ,a'�' �trt+)t h ��� �ir� lr ,`h�'F••}t'I •K � ,,'- . , 1 }' lid t t S� 1 tr fi?�{,ft ''.jq�;-.-' �,- r. �Y t�1"t f_. i.,,s �•: {r \ n ,� `�4�• � �!� •J,' 1't � 'v • ,q d�, jj���,�� � �c� i a � fit* ,'�'{'A, � ..k _•�}i'x{ ��'d`-..:\e+ ^.�il 1 : : ____..--__-�_ bl!Y Y. An htw. F,-y.l r+•+..,t 1wAt..1 i,wt-r+. !^,H�4++Yti rtRnk J. rtm,,,wy lrte. �. rw�9, .,++�, tv�krrms. 2R.i1 F frnlfnrvf raA F11vA. !7>n S?y1 S2A!I Mh 1 It 1913 P^I) rrvtMnlMk�w mrtrragmm�nl, F r'rilmwl.sd-.1n 'fling 665.?711 furl Wn.M m.rw4;W:RMq, pnrrr�d emr.!nrRnn 2T t«tt.r C+smtnr-tMn re. A nMnN, nl!kn M+4Rn17�. . 2t31 rn..rw Awl nrvt nA?1_ cr.,dn-MMs,rlaa f235 9N0 1210 M+M110 n. Smsh tare 225 wsrrNlr>nt, re/swR�Wnitrv+, arMnrtkn :F9gt110 merwwynrwww, eAe AwvekvwrMM Thw GO" Ifymen Cerrthm8el. Co. 3. nwtnR, nf9te Nt9rflrg+, t1lRrwdRcttlrklQ. ttf0ltMlywtw.d nh, {. r fkt9yvnwwfSJ121 f71 Sims 3" 9 Fog" F. 11 t^ilwr 1919 475 fxdnN. M+y+Mwh, elwm*m. co r MWWn 981�e2t ctwwmt, ptth5c wrxhR A 66ttlrffi1 CNN OerM.wr 1ntw.ne9ora1 hte. �. 11M1.a, nmre tM nnq.. wrrwtwwr+w, rttfuttyMMwtn, )AS rr*m, nay rxfi M.aml neech xi 119 f55 ESS E25 CAR nmdnm 1M0 t0 rvn.eNtw Ikon MW.0 nwv9, mNl dnvek5wnmd, dti 5:12 5rno etgn, h+nncMq, tndnrI r .wRk, rwxttlrtw.tlrwf kr11^-'t1kr0 he trJ. Wo tr Co. 7Jw1 Vpm7m Purl nmMMI , tR Nt9.Rrgs, vweMrnR. Wwrl N*" Pesch 33409 W5511 954 S72 Ed 7 Jim KmIMkk 1918 No "h"t*mmtkwt• rm.strtrflml mwn.t-ArneN, t8R dev k m w*, merMlacNwkV F.1.md J. 0trrrNs Iwe. 6. 1v _, -- _ ---- _ "mmir. W kw NAMnT, wnrM.nnn, ..,, Nw 24v1 Are M-1431127 151 )5 Sim? S:to I rerik i I G-as 1919 WA rwlwl vAMwrt, cnnrittRik MRn ,ge nmm, 5)32dRS Msign, Me8lcme 7Nh-" Coml-tim Co. I1MtM, e19cw NArlkgr, lvenMwxnw, cdtHntrtkm . 14 759 NW 77mt a. S<t Sao S28 Nmryk4ekllm 1070 .10 mM.096Mmnl• $He rfwvwkv-a, mmt lect shop Mimm Leke/ 33018 5514MM /them/ MARtdbnals, cfwwetw" Sin- Con.huellm Co. 8. r-4m N A-*w A- -_ rtMeR, owe Nktlr.po, rvmMwwnw, For! Lmtr6wdoiei.1309 7789150 537.5 539 S3a 5 me;+mw n rtm r 1951 105 co-Mruc*m mmv+gwrl , ekw rI velgwrw". mmwARc:.wirtg. 6-Am J.wrm A. Ctmwnksgl Ire. �. 35 bt9dlr m. is NW 5.w St 532.0 S49 9 538.E James A. Ctw.Vr*Vs 1981 2% waet"mo, IMM+FIMMn. Fort t*u ie dtb 33W9 M d211 --_ cdreMlien Ma"agelwerd n Recn/ A Fmd rnnim lore Corp. 10. --� -_ «AXIS F wimM l My $21 $33 Us Ffe mk k mgtA 1972 450 ofte bull". wvehmme LMrynk+n (lwxh 3.1a3S 7374W Sh.fet A MM" kw 11 . RR55 SVIJ 01q S1. Schtah, wk * Ionarsms Mtarrtl 33 "3 667A878 126.4 W.7 $12 8 n C. SMim Sr. 195t 65 end lmir kmll, wMet end eetrege ire.Itr 4 plards ArNm Cra.gt Me, 12. Am 1 NW I mt S1. rNetw 1wtWMtgt. wemhwnre, Mre1431176 mi too u5 S I S 5 $18 2 MIc7nM M. &JIM 1913 150 av,slnwYirm menngmterd, saw .fevek;w.www MJ. Arrlwnen Inc. '! 3. I t:u12 r Oy FM"A Mi. _ TWO rmIce NtkRtrf••.rmM"". %y r,vwM nwnch Gudww 33d 10 6274 741 $2e 127 922 kW,tlaec J. Arwimsm 1919 90 rm.Nm,~, awwntrYkm mmww7mned, Rice e*vek3m.RrA, tlerlgr.. www 1A w MOM A 4lg-... GwWW Cordreclom Inc. -- _ -- 11Mm1, Mkrw Ntdttnw, wmNrwtaw, 14. ar.0%lk.r II v 572.3 $2.1 620 Ie e-o Kdkv 1%4 65 v0womfuem• fewnkwrw.n nwn+gmtwett, c:cwm 0,04" 31t4R ffil•1d0.1 Mo hrrekt,ntent, deNp. Stall Bros. Camhudion Co. 15. 11eN1A, dkce huASrtc7r, tRmMn.tstt t, .W W.92 A St. $20 W4 $10 1 nartekl W. S» ea 1931 25 eonstruclon mw wmgriw r 1. neawtadming. Living Shores 33138 7st•1892 llClteO!l. hisl W AM" Ccenlruclion Co. Inc. ' 16. 1"1 tho ty A- M i) 5298 57.7 Notman A kin f946 d8 Olttatt bAdlq r. a.%*w-tion Mmm mnM, kl.a w neech W 139 5509721 I FrtsltAats, ty/vtmmtq 17. 7ASi tp Jwtne nd SIS $19 S12 Akwt gmla 1961 WA flelad,m Wnnm Pa Veawmf, CcmmIG;h1e/33134 441-9191 We davektfwnnd S¢ IwimR-CrkR Co Inlclion Co. kK. ttff 1 y. I? II N V-o III E,t wtsion $13 2 1 w 3 7 $15 3 tlatdta I. Srtswwrn 1974 50 "mm. mitre twlrtd"r.. I k>iyw w 33024 431.7300 etwohmme. rtreRctwi "M col eftw'lon t4-439, oMke hraklrwp, 19. 71 %n SW ",w Ave. $12.1 $15 2 $12.1 Swwdtad Skaf INS 1 28 wrxNtnuRR, wrak wn mat"mmm M.m.N 33150 661-4158 fNw harnp Cotnttttetlerl Co. I M48A. Phew lx&i .gw, IthkwkA rMkwfwNtwton, 20. 241 U-m AM $12 $11 f l0 Janis Goa hattyl 1980 u9 cpulruib r m&nogenwN. Wapwals C: 111 Gabes 3313e 4450819 Ill fFR: ihw k.m ." wwywe.. dd -i myrrrl M er--d mOtte.A kw 6'0, w m n w.vw -,&m m I'weriMk", h.i er. 1.6-1 b a..ay kw M w it V 6- r-.&,. c', rw- Mdbte rn, wltW. Fmort.n fn, :A.Htwr Ffnw.•n rmkrkn I W. lkvrrarer: r*-q- Of R ll:mak.xl.e. F -r -41. A. r' 6-1 k-n lin Mrw be V. kr ma1MA fkvwk kr 6.k-M tNwrrd f-t ,-1 tp ., Yd YklY-k-ove,!11,1 mr .0y so-ol .J.kc.e runt I e cY.w.Mw. 0 b."V taw, v N. lei twraeted br a. fbRY IkMwa. A-mi ewli-W... erm.tr l.yrwr W ktkwe -a pir.wweh M 1 w.r rlptnnl lim 4 I r�_? fl r'i 11 ? f t!' I l i !. .'I !rri' i�_._�(i'� 7.'.1'4?�; REPORT HCHADILITATION OF 11 I1: JUFrCFI SON STORE- WILDING On 4/03/09, the Inspection rat the abrrve merttio ned building was started. The first items to be, checked were the liglrls, togelher Willi lite, ;;lmdure acid exlerior. Ail the light fnnels were inspected and found to he operalional, wilh Ilia lights being lurned on when lite breakers were energized. There are n few lamps that evicloolly were dilmagecl title to water leaks; these breakers returned to Ilse off f?ositforr wllen errergized, Panel L-i was wafer damaged and rrtust t)r; replacmi. Panel R-1 ha . some water d aninge with several breakers needing to be replaced. 'these two panels control the air handling units, escalalors and elevators. The main panels for ilia elevators, pumps, and HVAC were not inspected as several main switch boxes were toond to he wired In the oft position willim t nny slfpts giving the reasons for tills. At the present ttrne there are onorlgh lights Imictioning so that work can be carried out without ilia need for emergency lighting. The exposed structure does not show any sign of darrr,age, When the acoustivil ceiling is removed fuithnr inspections of lire structural steel should be performed. Thu) outside of the butlding shows several cracks in file stucco covering, witty Ilse worsf occurring on Ilia North side. The cracks aro nol severe, and no coll,apso of tine mucco is experind In the near future. In Ilia ald portir-t of the !wilding, the expased aggregate, panels, mostly on lite north side, are loose and show signs of wafer sovixige thru rite Lofton, with stnIns running clown Into tho adjacent stucco. The paint show signs of Making with the worst ceases being close to the toy. Tha window fronts are coveFed with ploleclive natal panels, wish sovorfal pranols loose) rand oxposlrtg the glass to the ►,xtorior, At the present they :are in Bowl condition, but the proteclive rnolal Ikanels should be reinstal!,ci to protect the glass. Thy Interior of the building shows signs of severe water damage. We were informed that water leaks had been (upaired with no further leakage occurring, The roof surfacos appear to have been propoi ly repaired, no major work Is expected to be required for ilia small amount of roshaping of the mol surfaces. The acousticuat coiling ixtnels have been severely damtarged by the water leakage and will have have to he Soma of tt.a tight fixtures will have to bra secured to ilia underside of late slat) or to the pipes, to provide sufficient itlunnlivation (or the demolition work to prorcerL The mechallicial equipment appears to be in flair conditions and rep,atrs/replacemortts will be Performed to taring It back to working condition. }., r.1'4 7, i f.it'_, }!+!/ (I?.p (-!t�'. .�1}':Stir �''%:-'ll' _7110 r11-1 Tito final testing of thin equipment tiro nut be porfornied unlit file elecirical panAfs L-1 and DRP (P-1) art, reconditioned, and rm rrdctitionai budget is rrpprovecl for the reryulred n ,,echnnlonl Costing of tire, equipment. The bathroums were fouixf to bo ina(luquato taut will riot meet the !)resent building rode. One was eliminated on the second floor and will have to be reed (xJ. Reganiless of the tiruji use of the buiiditiq the existing facilities will have to bo rebullt to meet ctxle, One bathrornn per floor will have to be added if the building is converted to oilices. The work as discussed, is being basexl on a "single tenant" concept, which world require the use of the totality of the building. Two schemes have been devised, one to maintain the building in its present form, i.e., as a retail store, aryl the other to be converted to an office building. Several options were considered to increase the esthetics of the building. !-lie use of an atrium, and/or skyllcdhts was discussed with the no final decision tieing reached. We have providtx) separate costs for these options which should bp added to the cost of Illy, schu me selected. The option of an elevated pedestrian walkway crossing N.W. 2nd. Ave. was also discussed. A separate cost for this option has been provided rind should be added to the cost of the scheme selected. We recommend that bofore tiny work starts, further testing is performed of all the mechanical equipment be performed, together with the electrical system. This must be clone in order to secure a "hard cost" of the refurbishing, because the "hard cost" cult not be tied down until all the equipment is checked. The figures shown in this report are estimates based on actual quotations, together with estimates calculated by us based Uri current construction costs. It Is suggested that the square footage shown In the Building Profile chapter of your saies brochure, be changed from 145,000 for the store building and 'a0,0oo for the automotive center, to the correct square footage amount of 159.1359 sf and approximately 20.000 sf respectively. The 30.000 sf shown in your brochure is for the root print or the parking garage adjacent to the automotive center, The dimensions shown in the drawings for the automotive center are illegible, final square footage should be obtained by obtaining a survey of Ilre property. With the inforinalion available to us at this time, a preliminary estimate has been made to show [lie costs of refurbishing the existing facilities. The preliminary estimated costs to refurbish the existing raciiities are as foliows: A) STonE BUILDING The first scheme is to maintain the building as a retail store. The work would be perforined as follows: 2 tt_ F►n.rr errs; rna CO_1ir1l. -n~ ;;:orrD-s4+ �) Dorn(Aitism A) Place I fVAC and elevators/escalators in service, together with the potable water system. 13) Remove all acoustical ceiling to tallow the Inspection of all the structural members. C) Secure sufficient lamps to the slab/pipes to allow the (Iect;ssAry lighting to conduct ilia work. D) Perform fireproofing of structural members. C) Romove Column covers. Faf'R F 1_. (t I:,f, :i�t f 1110 r n°;I l l l (+ 3-r0 Fly, 13) OFFICE BUILDING The second scheme, converting the building to offices, would require soveral "norm steps AM would be performed as follows: 1) . Demolition A) Place HVAC and elevators/escalators in service together with the ,potable water. 15) Remove all acoustical ceiling to allow the Inspection of all the structural members. C) Sequre sufficient Iaml)s to the stab/pipes to allow the necessary lighting to conduct the work. D) Perform fireproofing of structural members. E) Remove column covers. F) Remove partitions. G) Remove flooring. H) Perform removal of accont panels on outside of building. 2) Perform Plumbing, Electrical, HVAC , anti Standard Telephone work. 3) Perform penetrations of exterior walls for window installation, 4) Perform window installation. 5) Petform exterior stucco/painting. 6) Perform partitions. 7) Perform Interior doors Installation. 0) Perform interior painting. 0) Peilorm doors Installation/millwork. 10) Perform flooring. The maximum estimated cost for converting this building to offices in accordance with Chapter 6A-2 of the Educational Facilities, etc, is $4,100,000.00 4 FL f.:tP;!w C'�'�I-1 (iif1 i I !i`, 'lij� ^Sl` 3t ' At this time there are severnl items that could be incorporated which depend on the ten:111Ys WjUlrerrtents, these items are as follows: t) G?orgy Conservation. This would entali the adding of extra Insulation, plus the refurbishing or relrtacement of existing equipment to moot tlae view energy conservullon goals. A "smart building" system could be incorporated which would perform all the necessary energy conserviition with a computerized systern. It is estimated that the costs could nin between a minimum of $250,000.00 to a maximurn of $900,000.00 depending on thr, tenant's requirements. 2) Elevated pedestrian Walkway. An elevated walkway across N.W. 2nd. Ave. could be build for approximately $300,000.00 C) AUTOMOTIVE CENTER The refurbishing of the automotive center, not including auto repair equipment or tools, but including (lie repair of the equipment now installed, is estimated to cost approximately $200,000.00. It is estimated that the auto repair equipment and tools would cost approximately $60,000.00. This estimate is based on ilia Dade County Public Schools use of the facilities as a vocational school. When more; information Is available, this estimate will be revised accordingly. M. 5 aNPrERSON STORE RUIIXUItI7hTI0n rRELTHTNARY EPTIMATE This prell.rainary estimate has been calculated from our examination of the building. The individual ite.1H cOstr, S110WfI Will vary whtmi a to test the mnohanical the. work that must: be porforinn oquipment, and the preliminary electrical work is finished. AS of today, 1-to final layout of the building use is available and consequently, the mechanical and electrical systems needs can only be quessed at; the same applies to permanent partitions, store fronts, etc. This preliminary estimate is for the conversion of the building to administrative offices as per Chapter. 6A-2 of the Educational. Facilities, etc. hard bids will be incorporated into our estimate. w1lich will be revised accordingly, when the cl(-.,-c is ions as to the building usage are arrived at. Our estimate, at the present, is as follows: Demolition (Interior) 220,000 Demolition (Exterior) 163,000 Eleotrical 350,000 IIVAC 500,000 Plumbing 280,000 Sprinklers 140,000 Escalators 144,000 Elevators(Mechanical) 31,000 Elevator (ilydraulic) 5,000 Alarm System 150,000 Fireproofing 140r000 stucco & plaster 265,000 Window Openings 45,F000 Windows & Store Fronts 1600000 Paint 130,000 Partitions (60% opell & 40% closed spaces) 245,000 Doors & Hardware 75,000 Landscape 101,000 Millwork 30,000 Flooring 170,000 Acoustical Ceiling 190,042 31443,000 Archt Eng - PrOj Mgt. 272,500 3,715,500 10% Contingencies Total: 41007,050 I W; ��i ��P R��Ph,F. �����M �� r FUNDING FOR MUNICIPALITIES & LOCATE COVERNMENT A(71'PT1',NC1FS We have access to several financial institutions who arc engaged in financing government agcncies at the State, County and City levels trrroughotrt the United States. Beeausc of changes in fire TaxLaws in '96, Municipal Bonds arc no longer as attractive; an investment. Consequently, many, hanks and securilies houses have withdrawn frorn the market, thus leaving; mimicipalifics with fewer options to finance their capital regnirernents. RLIGTRILITY: Any taxing entity at the State, County or City level, including School, Hospital, Sewer and Water Districts, as well as State Colleges. A'VAiI.AWLITY: All 50 States and U.S.A. Possessions. MINIMUM: $500,000. Possibly will consider an initial transaction of $100,000 to open the door. MAXIMUM: $500,000,000. TERM: Real Estate 20 years and Vehicles and Equipment 3 to 10 Years. INTEREW: Current market rates - competitive with bonds. COLLATERAL: Absolute Triple Net i..easc (NNN). Government entity must be signator to the leases or guarantor of the agencies obligations. TYPE OF FINANCING: Lease/purchase, with the option to acquire for $1.00 at the expiration of the lease. LENDER'S FEES: secs are iwilt into payments. No Front fees or costs for appraisals, bond counsel, or other costs and expenses associated with Municipal ponds. USE. OF PROCEEDS: To finance all types of real estate, cgtriprncnt, vehicles, school hoses, clinics, schools, including total tarn key facilities. FUNDING: Within thirty days after approval by City Council, County Commission, School Bonrd, etc. EXCLUSIONS: Sewer and Water lines, since titles are not available. ADVANTAGES: Municipality does not have to get voter approval and file leases are lint classified as pond debt. `I'Irerefore, it acres not .Effect the rutrnieipality's present or future bonding capability. [�a In case of destruction of ctlttipment or facilities n►unicipacity does tint have to wait for annual Midget appropriation for emergency replacement. PROCEDUItES: In order to initiate a funding proposal, tvc rcgttirc Cite Preliminary Information set rmt hereunder, after which, one of our representatives will contact yrnt to discuss your proposal, outline the procedures and submit a quotation. If the gttotalion is accepted, then a contract will be sttl►mitted for approval by the appropriate authority. Upon approval by the government entity, funding can he accomplished within 30 days. In the event that it becomes necessary to meet with the Agency, one of otrr representatives will meet Willi the Officials in question. TYPES Or TRANSACTIONS 1'IIAT CAN RE FUNDED Tractors, road -maintenance egteipment, computers, cranes, school buses, school buildings, office buildings, cars, amhnlances, fire trucks, aircraft, helicopters, communications equipment, pumps, hospital equipment, sewage and water treatment pl;mts. Virtually aryy type of cgttipment, including machinery, furniture and office equipment. Turn key facilities, such m designing and building (including land acquisilion) schools, _ clinics, police and fire stations, including office and dispatching eq(iipment, fire engines, patrol cars, uniforms and fire -fighting equipment. INITIAL INFORMATION REQUIRED Real instate 1) Complete site and/or plat plan 2) Legal Description 3) Description of existing or proposed improvements 4) Funding request and breakdown on the use of proceeds 5) Photographs of the project and/or renderings of the proposed improvements. d) Name and address of the municipality and or government agency. 7) Name of Official, title and phone number. 2 R v X F1 . t 111E-Nrl•ITS Or, MUNICIPAL LEASE/PURCTIASE. FINANCING 1• Competitive terms and interest rate-, with municipal bonds. a. . No front en(1 costs for appraisals, bond counsel, or other costs normally associated with tite issuance of Municipal 13on(Is. 4 3• No risk of spending lark sums of money in preparing a bond issue, only to be turned down by the electorate. 4. No risk of being unable to market a bond issue (file to bad tune of the financial markets. S. Vast fttndirtg. Once there is ,tn agreement of terms and conditions and they have been approved by the City Council, County Commissioners, School Roard, or appropriate authority, funds are usually (10mrsed within 30 Mays. 'i'his is a major consideration, as it usually takes a bond issue months from the time of concept until the funtling. 6. .Agency had the right to acquire the property for one dollar ($1.00) at the end of the Icasc. 7. Ability to fund any size Project. S. Ability to fund all types of real estate, including acquisitions, construction and remodeling. q. If desired, we have the ability to Provide total turn -key facilities such as a completely equipped school, clinic, hospital, jail, Prison, Police or fire station, including Lind, buildings, furnishings and equipment, dispatching equipment, fire engine, patrol cars, including even uniforms and fire -fighting equipment. 10. Flexibility as to the type of real estate, buildings, and equipment that can be funded. 11. Flexibility of terms, 12. Stretching budget dollars. 13. Gives you the ability to fund much -needed projects now, instead of waiting months to go through the bond process. 14. We fund heavy cgttipment, cranes, tractors, waste -disposal equipment, tele- communications equipment, computers, school basses, vehicles, etc. 3 mom jl,9� Tl 11" 1 METROMO ER. EXTENSION U[ -- - _ r_: � � `t C1►JI_ltJl_�f_.[ �_`__ �... _ L i ;� HH []P F -.1 J Hi HU P-I T' 7 HUH_ -1 H :-111 S !: is Venetian Cm ,I\• ��f,��__�,•� �._4 _ _ _ .wiw. + •.• iaa.iu4uan'nww �..--=___== -- ,: 2, :�1 CI�1 �JfJ � � J �.�CJ .iJ lay �_l�_� !:.�,t_, � •10 j.....:::: •• � -_— \.: `;�.:F�-� f - — nn - �a�.. 1•t lit, �,� :�bzcewtlf`( IF] =� onlenniul .1-I-1t"irk =1E . .......... a' T.0, �F—A z UAV.� � .... ...y. N.E. O S1: ae 1 1; 1. I�-per,-:r�... I h�•era:�tu�-.:���.�'��:.:.:.... ...: �' -- ��.L.��- Port v! Cli EC14.1 tj t' 3:5 Oaytront Park �y,�' .-\,����1?• �: :i+ .... 11 ...... . ............ .......... .... tL I v 1. u s I ram. +—llIjjI CLAUGHTON - ..� ., I(_siTst"!— J ISLAND �1C d I �l. CliffliC 16 musmirorAY FOCUS ON DOWNTOWN WEEK OF THURSDA :', AUCUST 10. 1942 �rtwwtaarnwrssraarwrirranrasrusrrrrtw "'""'°' It's time for property owners to c-et aboard Metromover projects METROMOVER ♦rev sin,• Pu Sutgn � Stn�gn �� 9,wmennut Pan �� Euwn,n sr SL,S,gn Eiunter;niat Park Psn westIL 'Omni suntan Iff Extension P r,eggm T Tower s r, Ctanr¢e Nonn 'i B�iOe SUnon Cof!¢• Marketptau aers�a• Sut,on �Gao.eer inert Fret S, $taitpn Station I Ms- ♦V$ f"s" a' Beytran[ park Sut,tan { ( Kn.gtn cents Bolro,n Part Su,mn Sutwn Pon O,na� Pam su+ron Rrv•.+.su Biscayne Bay W rt a' a' NORR Brtnk•q Sunon Ciaugnton tabno Brickell ( Extension j! ® E'onin St 7i surion !1 suntan stanon 1iriorn O�on+t w,e S strap Planned Extensions -- Metromover e....w.. Metrorai9 9y C:N."..Y K:RS: ",EA 3. 3^_:Y!AN P openv cw'rtm havc 60.90 dais to seek joint develop ,ens with Bri:kall and Omni Mcucmover sta- dons. By Nov. 1, the ahzrr,.`.rt for the txtecsiors .must be nrai. Tt3! alignment, originally 30- prot:1 back in 19 1. includes 12 swtfcrs along .he new routes. But L,eSe starters Mn be .-loved sl4anLv. "We won't charge s=iiets. but tale stadors ar: f1mb1c," said £d C.olbv, Me aDadc's mass oars:: chief. "If we .. r mc,: a s:atio.". a , 01C feet to save a million dol:ors, we'll do char. " Mr. Colby said cpper:ur y is Feat for icint dev:1e ^:nt.:spe- cially in ;.7: Om area. 'Pre c_ rev has a.red Miami's Dcwn,cw^ De•. _ opmcnt Authcn*y as a .O:Stil:ar. to z=m:: dtVe1c.-- ment tar =d :he ew• s:a..t-S. T1,- Ara- 1 _ .. "csizr : cor- d°na:pr . said h''s•aw'2rc Of NOv. 1 dcadli.: d ;la's:o w'O k fast to �^...:. `.: P^,ta,e scz% - "nd county to the :3bie to create jcir:.eveiotn- Tents a: st212crs. "W-ve beer in dscs- si= %1 ` p-CDenv :ant-S along the S?'s':^ ^'vt:. I.c.'k:r. said "S== said [hcy WT do ^ cp w _. the time- -.c exicrsiers are compie:: " Dade Cal.".rots P;:blic 'Forks De- panner has bezun title searches and Ott: y.,"'I:'::L^.a:'.' s:.p io ac. cui:: pr ;pc :y re_,.^_.. for the new' Ices. UrSl we flnali;tt .he ai:Ltmeat and Ex :he ',oca:i:,r of plWnrs and guide ways, we w,",,- , kno% :30c"N Ow mtwh :and we'll need," said Ca -.!as 3o.zor., prc zz director for P•abliz Wcrks. "We will -take rumor adjtsimens to place as mu^^ as possible on the public n ht of ways A. Berson Said. "tt'e'll'ae wnrki.-g for tlic next X-60.ays tc get the xl alipapent. The-, we'll ii .ow our land ac;uisi- .,u.. ,._eds. "If w: need to accuire land, an, cpxtnurinv for joint de- ye10^^e^. The Prcpe ty owner c0u1C can: an ersemcm and retain air rs', If we ... land an _.-..s a sta:.or. ncic to r cpc-v, the ow.".cr :cuid ...,...:ion nzizm- Some prcocrty owners have al- ready asked about joins ;,rc;ccs. A;on3 the south lcz cennezine dow•ntow•n's core to Bri.':czll, two - private sires are primed for joint dev:k7pmcnL "Or the south and north banJ of the '&X—li River are two aM:s we rave no choice but to run it (Me:ro- mocer) through. We'll either have to do a joint dcv'C1cpmcnt or 3cctuire the property fee simple," Mr. Bonzop said. The C.od:ra Group owns the prop- c:tv on the north side. Ntn Bosco said he hasn't beard from The Cod- ina Cecup rep Brig a joint dev.lop- mcat. Bu :t: said, the irorerty owner or. the south side, r.";r=nt:d by attorney Nfarwia Cassel, has shown nt::sL South of i' . Nlianli F;,Cr Station. arct her prppe,ty owner wars to ea::r a pubin;private v:n.:ur:. "A Cie Eig tl Strce: station, if we're unzlbic to adjust the a:4=:'c7t a few fiiz. east, we'll nave ., tiuir: the rase:'. Or the crri:r. Tic Owner h s tr«, at:d m:erest in ;C nl dcvtl- Cpm:at if We have ti 3CoU;le his b" :.^.j. I: not, he Tay' x "te-:s:ed in zorniiv.cn netts,' ',I -.Berzon szid. A.so ocss:ble for lent devticp- m:nt Ln Brckca is :. a 1,h Su= station, also called L,c C.:ral Way station. "I think we'll trove ro the left la avpid a:.q.:u:.ng ',!= 7::1: Insurance t�ald :g so any joint development at Lhis sea::, n w-M probably �xi ccrrec- Ccr, d2tts," Mr. Borzor said. Philip and David Blur berg own L*» rmpeny ad ac:a..; this s:auco aid pean to dcvelcn'*eat a major m:x:d-sc ccrtniex. Along with 3rick:ll, priv3ie dc- ve-lacment spurred by the Metro- mrvcr :x:cr.sion is likely in the O=ni area. The norh lcg of the ex'.:sicr w ail link the downtown core to the Omni ar_a. Tr:c of t: c new stations will be along Northeast Second Avenue. "illic firs. two we Mr .Toy: a new reef and place on Seccnd Ay^ate in a cola, so we dcrt% havc :o ac:tare property. But at t'te lit!: Sirce:.s:a- SiOr ih:s may not be pcssibie. 'Whet.._, we'll do a jc nt dcvc!=- :n: ncre we drs'1 know Feet" Mr. Bcrzort said. A:: ^,.:v Tom Pis: owns '.and a ^gin::a :::c F c__ m Tc cr Sta- urn and:he mark , !%: 3at.cn. NL. Bonzcn saic M s as snct,n inter_st ;n -c ng 5 :,r X:1- nec:ion .Zns .31_ a in: Z:,-_% c t,icnt it cil;:cr wo. T::e Omni J 3:; C.^.. Zia, 3c=cn tales S sal"tt,'e wcuid Ake roman agenCy w3m3 SC .t rd JC.S T• rr. _ reziricd 3t .,rnni ;it:, .3G said. xssib(c. If r4L x: r cc One pr 7: - on .tin,..._.. . ..,.,. St: et." _ Forita -as, owner of -� t• v n_s ?w•O to for to oUS ::.... Nt. Bonzcn _. �3 -ast Coast s intar:ste_ , cent :te nt. "%b'c = uld air•,: } :,s :_....,cal _n L``: gcu^d and u ' e _.......... -gnu said. Media y.a.^.I S13";nri and =uld ,.._+.in A -^ sort 4r. Bcrzcn 5ee5yiC,_ C:,.,,..tV .or join :vciC=ne "Miamar ay 'z a :scat site "Nowt , a d:pr:'1-,. Varna. IXt oc 3ccu irg mostly ties." Any chances :c .ce iig moat which was cbcs:n .0 ors taco, would need a.crev l _cm :he :ed- :tal Urti n ' 4 s 7=stt dst s a - don. "Their ap'Jr^v31 r".7Ui. ^_s ::P:S:, ::Pcnoing on t ,_ >. _. of :c tange," Vr, 3crscn ;aid. Transit cb;e b ooin:s out major oranges ulnmg '`"w 710. wpm:nai =%mc, ;: c:s zou;d ae- lay progness up :o 'tvn 3.'S, crdaa• ecring SIM milli f:.,.. :ran nds 'c' the Sea$ mii;iv,i^ _,. Hca'- ever.:ne said, =311 +:dmmoda:c unv3ie de : Y s arw POSyibie. us an ascrncnt, w". •a:. "g :O Mik,-NILS ran^ a:o.e"A':'Ya... do this at in: .......,..:m ..cs:.,nd line' AA i _ Thn FAiymi Nrscvr� t i!`�/nrll-iv• Nnve.r ire 4, !'1fl7 Hote-A"oers and devegomers prause Meryi over plan JOHN FCRNANDu and JIM STEINBERG MI-111.wt ntpen.. 7'lie newly approved Metromover exten- sion to the Omni Mall and 1-lotel will increase real estate values and spark n new wave of development along n 1.4-mile stretch of Biscayne Boulevard just north of downtown Miami,•nccording to developers and hoteliers who own property In the area. Metro commissioners yesterday voter! G-3 to extend the Metromover north to the Omni international and south to Ilrickcll Avenue, adding 2.5 miles to the existing 1.B-mile Metromover line. Several developers, Including condomini- um developer Tibor I folio, said the Omni Icg will mean major nety development along; Northeast Second Avenue and Biscayne Boulevard, between Northeast Fifth Street and the Omni, at i GO1 Biscayne Blvd, liollo said the Metromover cxpnnsion will be a big boost to the mall. its companion hotel and his Venetia and Plaza Venetia condominiums. It also will fuel interest by developers in the vacant Scars and Jefferson Ward stores west of Biscayne near the Omni, and should spark developers' interest on both sides of Biscayne between 13th and 36th streets, Iloilo said. "i'm only sorry that the vote was not unanimous and that some commissioners' minds are diverted from the bit; picture," Iloilo said. Biscayne Ilay Marriott )rote) resident manager Pavid Sperli said the extension will benefit his business. "It's a very positive step for our hotel," Sperli said. "It's another means of getting our guests to Ilayside." Roy Kenzie, executive, director of the Downtown Development Authority, said the Ilrickcll extension will have a different impact on the city's financial district. The Drickell area already has been extensively developed In the past six years, so the Metromover extension will serve primarily to ease traffic congestion, lie said. Metromover Is needed to Jerry workers to downtown parking, he said. llaysidr Marketplace retailers should benefit from both extensions of Metromov- er, Kenzie said. The Omni Ier will quickly shuttle guests from the Omni International lintel and lfie Biscayne Marriott to the shopping center, and the Brickell extension will take workers and hotel guests in the downtown Dul°ont Plaza area to within walking distance of the shops. Iloilo said the Metromover Omni exten- sion also will be a big boost for the expanded Miami llench Convention Center when it opens in 19119 by riving the facility better access to the big downtown Miami hotels. Miami Beach city officials have said 'there will be a shortage of first-class hotel rooms when the center reopens and have proposed a $100 million, seven -mile light. rill system to link an expanded convention center with nearly 3,500 hotel rooms in downtown Miami via the Omni retromover extension. Last July. Metro commissioners declared the area near the Omni a "slum or blighted" district and approved a plan for spending $11 million to upgrade the area. Under measures approved by the commission, Increased taxes collected as property around the Omni increases In value will pay for improvements. Approval of the Metro - mover extension has been regarded as crucial in helping boost property values in the Omni area. Kenzie said "a lot" of investors have purchased property or made other invest- ments in the Omni area "in anticipation of tile county following through with the approval of the extensions." Kenzie said the Metromover extensions should mean nesv office space, retail cutlets nod lintel and residential development along Biscayne Boulevard from fifth Street tq the Omni, lie said. "Tile expanded Metromover opens tip a whole new section of downtown for development," said Kenzie. "if it weren't for Metromover, we would have had to look at creating new roads, bridges and park- ing." , F "IAW nE/!L.TOP / NOVFA,gnFn 1917 le-troCapl And The lute a of mian11 y RFAC TOR-' W. Allen Aforris, M CCIM, >IOR Allan Morris Company PART ar ���'�� Innlnll uuu, �r In 111 4� ' j�j ill I�I11111rti. I'Irtiillcnl I ,1,�11n 1 . hrunrll� VIItf, "it 11.1, IH•,•11 l�hllr Ihrlr 1, n�1 imt1t11 cl"N bitch• Is n{1rinnl; ,llrnlllr;tnl I�ou1lt un." \lclro I and 111r expansion of out Rapid ram,il '>)slenl in D;Ide Cottnly Ims I;�inly bCCII wruughl will) r1lnLto- ;sy, htit I do Ito( heliCvC that it is 11e- ilse it is a failure. I believe the reason Mclrorml has been so conu'oversial is Valise so few people understand what s and why it is so important to the ourc of Dade County. Road to Nowhere Many people have criticized Metro- ,l becau;c they say "it doesn't ii any- where"! The thousands of- people who e Metrorail would disagree with n:, but many other people are right cause it does not go to the places they want to go today. Ilili people who live in Miami know the history of North endall Drive. When I was driving south on the Turnpike one late after- ,) I discovered the traffic was eked up for one full mile will. cars ing to exit Irom the Homestead Expressway onto North Kendall Drive. wi pen North Kendall Drive wm origi- ly 1 iit, it was dubbed by the media, he (toad To Nowhere". Why was North Kendall Drive built? North Mail Drive was the creation of a very resiglitf'ul entrepreneur In "joint enture"with the Department ofTrans- ort Arthur rthur Vining Davis, The wealthy Mentor of aluminum and entrepre- neur/founder of Aluminum Corpora- ln of America (ALCOA), moved to iami after having made his fortune the aluminum business and salty a and of great opportunity. lie began csting his substantial fortune in cage in South Florida paying, in any cases, what were flue highest r'AUF 5 �uwu llaalt�Ya f tl agT�11t ...r'saeaebfmaAkId FIW ill 1 _ •_ !�_��.7kt5ii�4i�+lsyMrlo�l y4=„'h11.:�,1. y} !� . 11.1�1 ; - M ;{_�5(j. ��7 .��- }� �� •r/, .. i. ,��w*w+ »a, .4{b9,lh� ,_�titetti`�.`'-�.•. p( �.'ai� �-1 } ��L�11' C't3 :i, J,/� .�••1y�. ^�,�R^ ,,t �I.�t.-�� '\ \11�1. 1 '`-'"'.�..F�iA 0�w� •��:%1' 4s�A i_! •��' ti-��w �' `` .lt,-aii1��1 prices ever paid for real estate in the pau-ticular areas Ile invested. The reason Davis investal in Miami real estate was because he saw its fal►tr lolls potential. Ile bought land that was nothing but grazing land and unspoiled acreage "way, wary down in South Dade County" in ;in area we now call Kendall. lie understood the fundamentals of real estate, than people live and work in places that are easily accessible. In line with that thinking, he joined with of her property owners to negotiate will, (Dade County and agreed to exchange a E'ifi of land to Dade County if they would agree to build a four -lane divided road at Southwest Hhr•h Street. Re- member, Southw.wt RRIh Street was nothing; hilt cows and horsch and pine forests. lie gave his land five as the right of sway for North Kendall Drive together with the land that would become a future hospital site, now known as Baptist Hospital. in exchange for his gift, the Florida Department of Trans- porlation would agree to built) this road and he would retain file owner- ship of the rest of the land around it. Of course, \vital happened was the foresightful planners in Dade County saw that the County would have to grow in that area and this was Ml opportunity of a lifetime to take this land while they could and build the road even though it might be years be- fore it was actually needed. The critics had a heyday and dubbed this "folly" the great wasteful blunder of the Faille County "Transportation Department and the Dade County Commission because this road did not go anywhere, and people began joking drat it was "The Road To Nowhere"! Why is Kendall so heavily developed today? Because it is earsily accessible. Mr. Davis' first development pro- ject on "The Road To Nowhere" was a new concept as a place to shop called "the shopping center". Injoing venture Willi Arthur Vining Davis, my father, L. Allen Morris, planned and put to- gether the development now known as Dadcland Shopping Center, When Dadcland was first built in anticiii tion of this projected growth the critics also laughed and dubbed it "Deadland" because there was so Iittic activity there. OI• course, last week when I tried to go and buy a shirt, l had difficulty finding an available parking space! The shop- ping center, of course, has been ex- panded three times since the original development. Why was it such a suc- cess? Because it was so accessible be- cause of transportation! In other words, once the tralnsporta- tiol► was provided, development could occur as the demand grew for housing and shopping. The very same thing will he Irue with Melrornil. m t Y ' + s By,JEFFitEX L k j v SAP and lacat'go e nn_nt The syaiz zd t`a n tha �Lrsz6 OJO~r d , [ Herald Stg(t w .er,-+' _ ..• uilI chipir S3Q,r^illion the cis of Hia ° - .The btet.omo zr couidbe ex '_Riiani 57 n:l:az and a:countyaaY _f t or o .the 0 000 7 t sl i, tended, south to B tck 11:4v nu asses nzitt.dis nct_S2-3 rtilleon 19i3 B} 993 ♦t = }r o and 'north to Unr( by-1993'if Pid ship or the ht trono er to ihhicno`n r Ce1 t aaoa ' t t ,negotiations with_the t decal gov ,: es imated to increase fou.*.'old t z:nmznt a --complete by t e i tran wiat tt is row, tf the system ]oin z zra d t s Summer as e C ecte Dade t ansit ;— row loopin a du d ie �. o' doL}zto Ln is e:tterded south hz e o i 3 L 1 1 ort'clalt'et re ryovir6, forward, butIll to Bric Ii Av nL 'and north to lnc = r r a s d �' Ki air w` yy M' be happy when we have a si$ d `he On a ea d a r" r o t contract said Ton Ojeda t e tt e feel t`at tie can g� r2 hi �: i Cra S of Co 3d ' w assistant -county mana� to "r a rid r if the' Ywo 1 gs :a e roc o 1 or ti o c w; char;e-6f the' roe LL`it'�rut t , built said 714a c hende.so� Pacpt u`J i; e a d o < we won't be abl] to continue t z ;sao s-at for .tie .It1 t-SDade c i` 31a Cr i paih of develoornnt Eovin own _.. i.ra t Authority. -'V+e L' studs d d you a> d 1 Jn L , In hovembei the-NJetio-D d At a d the p a]ection is r Isis f oid rail s Cornnission voted t� ex, d toe >, C e„Elv '7Lt omoL l}as-11 ? ue i e n bca p op mover s s em beyond 5 000 daily rid s. In the y ar 2n00 r z tit o e e i to 0 u current 1.9-mile downtawn loop, estimates aay the sgst_m will have B Ic . t o d hz a x which opened in Apni _1QSo: Tl e 1-,SO} ,if ° estecsions a:zn t ..t a:'tic n t a d �'^ y or'• ' '"'• CExt 5 2 fa to t th. c6unt and Y P € y bull- d :43 30Q . i' they ar s spoor say-. tie U.S. L ba❑ 4t s Tr; ae a-. ,F d a s e B zi 1: L' c able o ton Admin strition to a; z on a do, n L i L p '° �l I final for act, free:rg s'.3o rittwn In rdi on, by t y a 2QOQ t v 1 to tc d 7 p K ° ! a . yl f t t' in federal funds for th $�aO 23 3,n htetromocer pas zngers t- are P �asz za o F� 5 .�s -, _ h i�.l. - million project. expected to transfer to a .d f on .L a %'Congress is expected to app. ' t„e t .,derused hfet oraai, acco d h L n, a is jor Vtc^'ri' prime $di million move either this tr to a dray of the projec demand by year or next.T`.e rem funds EnL,roamental Impact 5tateme t dzc eaoe by S°o oa 5 are'scheduieC [J cbnz'from statz .: Mteirorait — t e 21•mite Eleva W t n a a 1_ -1 r asp _ v _ _ /�noarxro,wr., nFvrs��p,,�r{? nunlot,t�v , rnr, f�-P�. IR1 A. R•.. R•1CCT^n Taw. 4�*;---;`-�� �;�J_1�;�� •- '.;_,-{,,ail+ - L - � 04f J VENETIAN csvrv, f -- - 1, !".`4rjt 't�l I i { :i R MncnnTmIn C^Wv J._a.,_ •L __-_ _-.`- _If_l n�: (._..7 Cam!' �a O nrOWNj ;� it �� J _.:Ff---c--l•P= !=--�-1-•}� 91 i }<{,�14 I �f t ���T -(Z b-Jlr�J'I�r� - __- j1AYFRDNT Co i \-c �--� / -�I --•--;',L-��T -�.r._►IU' PARK � \\` `, .�%T nee � N�a .... __ •r:-�, «� __►� �� :lamIK I�i____1 vlY x Bim-,13-111, MI.% 41 I 'Si :7— tv, l�,� CLAUt.IiTC ISLAND j L r/-` �, ..�..t• � rl• C t V WATSON PORT OF MIAMI SOURCE: METRO -DAD[ TRANSPORTATION ADMINISTAkTION METRORAIL. / METROMOVER EXISTING COMMITMENTS _ ---- PHASE f raffia METRUi�AlL --- METRO!VfOVER ---P14/\g . It I� � (;T11"(" ow,.--n--!;TAT!ON.q _ CADS COUNTY;U£" IC SCtiwOLS A IMINISTRAT, WE S E:)U=s I NAL QU.1PUS '� 1 . ..+•..,,,,.�«4' , ✓ . `�' !fir I �.'-'., ! y�7 gtt t ,f i fly " j!t.,r• a .k� ., ;,. «, - Spry`$ W'`..%• il� _ .,,�.r i`..-`,' ��� �.. � _ { � �� 1•+`"`----".��''..��,p3f'�, n..s.; r'�•--(;�f��.�=S,��s•sr.•,xr�r{ -; k •'; j ' ,i.� `>•.... a. �. ' . • ' :. � .'" "'^+.,•• � ..I -'rir ! •. ...a.. 'newt „r•.•�y�!/7-,,;;; lar �!'.-r 1� : I � • G1 r'.r . _.» ` _•,,• ti .�',;. •rt' �-.'.�.'� �"tik , y,r.+': ili 'I. 4. k f _�,�. +'�+.i v✓d?_ I.,h+;t':3.:.►I« v '` t'► ;.� --" .,+rr ...��� `#l1 '•1'.'''»i;!•'+��.'.v' -... � r � a��� '1 _ .t%!y�+`'.'} .` `� � r `• ,",, �•Y'„`a '•.,j...� ! �.; r.�..ti�•:!.Z �-�" :L•. ..Iti ,`^.'.y"�/''�" -a"' •4."•« ;";`?.,�'s�;ri..��,-,t�.•.w s'T ✓�''r `:ca•t'�"�„'?•.r •M /. --'-�.+"T ''• .1.�yy""'j'� 1;.r{•1 ��'+ +�'"r,y v,;�r -'�. .. .�•�•.>_ iL»,.,,,,�ti -may "s '' +.. • rr `-`~i ' I -i• Knight-Ridder _ � � '`'- -. ... �+.�,_ ``�--.•-_� Sears Tower •+'' � ,,,,`� : ' I ,,sue, �'C,.r�-''�' r'�i -• '` ^'*y �.%• /'•i • , j •1-... I •` j'~..-.: "'. • / e '"•.�� �1�. r •"^+„�^ w �+•!"S ' ors 1 - ,�.,., ,.c,i 'r`6.A?^,.yt, ,SGk.. � �1� -. • t �4�;,;-�� . ,.._-sue• . _ •+ f c..- �- �,. y !.S"j. /t �' f �,,., Ilia 1�,,,,,� `',�"•� I/'i.r l� r. a� 1^•••..^•r."` Sl ti'� � .,�,•t ,+f�� •ti � +'f "'�� �M-..�' rr ~ ` `r � 1 ` "�' iT s i�` 96 i'RG�_S : SAT URDAY, OCTOBER 21, 1989 F CcN-S Y17 ni site'is chosen kid '� 15u million arts complex ght-Ridde:,-which owns The .. -_- .— (� • - %Sfa.-d He: aid. Dceg.`.: nEa::'r ^+ro city Docks an B�sca}-,e Bev; rd That coney can x use, co fi• ter to redia carpaay secetfy boa;-t ;zr»arch access [o Bisc}ate -Stoma: wee. ze dc__.ed m lave • .., • YT'Y'1 Yft a'3.1+�.J area ad;area: to T!e rir. a;d's Fei'i.•tgs raceSon?s.cwc„e;il 5e:p;ap for Lea., B.o•Weca:d. s p:0at:'Y AZS pltr• ICSI`C ::E^.':o •_a?L[I the OL:t V .4.lilAA early this coact ?:�e a^s center aa:!d be the foc_s of i.e K:_ght• r_ata-scocs�: �cn. Theprotect,0.'hjCD:.`.GL`dtsanC p' eased through car^a:Ses con- Eed �: c..- 6v p-arineat �fatni xning sad ^"cr- had • • ♦ (� site picked is CG: dtl•E:ct .G t p^ M:. 4:JG 1$ S..:i be•.ag planed. ,, era and tz;;e:'.Ga:t: andas pto- n : a (, a^! JC rLS�y i.^ . a j .za-er t2-eSe^51c:.o ild t a » RLi 0 g L A SCE CL :O ta�eackiat advasa.-t taut si:t :.`.at ata:.:a;Gs trot ae.-e• pc-:-..:o,he ctn:nz_a:/. "SO Se : e:,e'xtd:: i^...:.^. '_.t t:ai tzs be--. sleet on coney frcr tht 3 per cent caavea• kr_p tt w-Dax roe down. a-:1,•a:s ccr._ _e? it wro•.id k ac- + P��(/'��p�!a tiprA.Y' ju$ w„aC to: :C1tC:0. e rail •- ::L 10Ca�:'plCked �.t• �G aco dt:eicpMen, L:z. s;,iLh s 1ev' itd On hC:el i Is. l ae {^aac-ng cut• Tat �m s nti bo::;oed 0 Dack- ga Ph t L.g L. !filth C-,,-- a to us to have it :J .>. •• i 3 Ivia•�'�t� �� s• s taa: Of Bis:.ayae Bc':ieva., nosh of k�e a!s,^, asrw-.Es �a: �e snot a 1 Frts dt.» of the Ca:.ti(�`eae� Ac- of the Oy _ ine a a: Ac' e�rd- complex � I3fh.St:CG:sadsta: of'- He^aid_ £: n iLh ;: E ors cen:e:, t.t --at F . a � K:e'::•.Eid,.G: prorde $15 :r..:icn. 'T- aw:.te �a:e :.aia:atie, , y .� .. but L ey ace ao: sou», szid 1fe_a tin ; ccn:nitt", Proposed DL%din- fye § z~s corpses i'ast sau8 0. tDn -- --- Tite.^.te2:lnys In - �' tC.• 111 Jl .:talon, of d w J sa-d a-'.',1 zG�:ain cr_a fa: f F'�ea:.:.e 0 _-i L: :ic:W Vaal. The yro r; 3..• . �;ct»::as :.e'.•�.d '`e KI11a�1L-R1t�C�C'T prva:e deve!or Y ;t be a:e is s'.te has i e op of debate F dz5''s vets trap Dr. g :a a cox "'sal wcaid have placed the facJ:y Fa -illy on K::g'"-Rid3e:'s'a*.G TFat plan caaght a ar,Entca of cGt B:s .— B.,j- :d fond pc -Decade c.`ase.:i:rx•,rks�_: :.:.a[s::o- sure. C: apr..aa and Sa^ea n'ted offers use of land land poi:•::J::-to`avca:eatrrta,y�cin- f ncc art a rt!jh.bcrhocd." said r.,oreCaaade :de ofde:ateovG- wbe:e the a.ts ccr_ lex should be '�f`a•W's De•+rtcan De•:e:cprtnt Aa_.e -;. ar a3eac, L at enccu ag- j�a=.i '•fa}•cr Xa:•:G: Sea:e: to 1•�ch. • PdevtiL,:-ant bull:. At feast a dozen c:.n.-1t:..s es U`an dec<_topr.,e.^,t. On lv;Y S E;: re: at a s�i.• :n July By CRAIGGEMOULES canscTart t.::ed 5y K^.:g.`.: Ridder. "1� I,ave sn:died .he issue and Core v e were aClvtiy looking far Lhe ace::xk::g u.i,`t•2d• Antl LIS! GE'�-TER ^y:Ot;dam �'2'.C^`^y :: a: ^.o oL.4^ Lb a :a^.e r of piCpeSed iontiG^5 fires sue-e we could entice a de•:e!- de:'3 j:cue^. a"Wri['S-%irc"je:il A $150 $e Kvgtt•R:dde: don:'.o4n g acess trod 67C:* sa! DDA eNec-.t;ve director "E1d:'� 7>':.'I ':e.:.ay0r:s g-.C. million ors cor..plex will be built south of the O:an Irtetwa• said does not want the foc;: ,, bu1: on Lhe newly- Ba}'sidG V,a:ke:place. near the blt, ro-Dadt Center, oa the N a:1 R vt: Va=r'''Sc•^'a-'-z'. IlItntbe:g• &Sg t•R dde:'s ad:is- not a a el a;;racn:' Chap -.an said. "Fe d tack ascot that ;=c- tional Mall on land owned by acquired Biscayne &ufe::--d par. and onMiarniStac'a. a:.x':es on :heDDA';board cidi- uar;Sreof;r.pe.^-,•.We;:ec;.:;:t K.n he -Bidder Inc., the county's P41 .1 .J.ig Ar:s Center Trost de. Ce . Irs:ead. the ccrpay wars t'tf arts crter cons::•ured on the It wasn't until 1IIaai Beach x:i- began r=c ;. He said ;is relation with K` gh Z dde: did not a rn• was irnporant for tSe raynr to know that •+e had become a a,:r cidtd, :idap valets be teen I:er_h Payshore ously pw^sung L e ors con ter Last year L`.at Mia:S wad SfeLro pose f'i._ cf interest because the DDA .; andowne. in tht Another pr0�sed site for the arts Dnve and F.t:sid P1ar, C:r: t.^.:iy gay; to act 6rt the a'Cift done by all never wc;ed i1vOC 0{ placing —ter, or. the. f: tea R er ae.. 1.ti- ami .Avenue, was ruled out with vir• usFd for Herald erpt-yet pz^'.:^g• those coo vt:Ees. Alter weeks being lobbied, the art =It- an any specific site. ,y Btc-.Sorg said Kvg t-Ridder mi. if Lhe ��s: ssica :ncuced tau atout n0 distaisioa atncng mom• Urban re'trveration 1 Metro Canvmssion voted 5-s T ues- tally rested when asked whether . Lye p<- or. z a^s center. He, ,lice ch Sure=. said :.*.e:•:r.ch sas not bard x:5 of the trust. The board voted unanimously to The prope-;y is within a special tarrag dtS'_lct set L'p to enC^wage day to bv➢d the ar-s r..att::n doaa- it wanted rle peirforfng arts cen- as at- te^ t to icCD • {c- site. b, M❑egoradons immediately with w-tan rC,vtnation. Ad�'iCral tax tOw�V:a.:i-v^tteadofan•*C HtaCb, COo=: issioners left it to the test to ter built an island. Compa.y4GC.- Lives Alvah H. Chapran Jr. and ••1di.'.a'[se}it ai)a5aiohS}^=y'�•. for,;' Sua: ".: said.'i3e CLp1L ens K:S1; dper, which offered free t Indney brought in by new devtlop pick between two sites tat tad Janes Bat en bad long warted Lhe ,_nt2a .fide -.al, bet 1=te:i use of its per, it the firm re- ceives favorable tax and zoning con- t rrsnt and hightz prope.:y :zees is rea:ves:ed in Lhe aeig..bc::ood, not been previously proposed. The K into a: a center bukzt�in Bicente.-al Park. on the wate you -he ideas:' side: a:ions.. open: estw-here i:. the arc^ty. g*.t•R;dder site c ne eocsidG:�r�on in Ja uay sSorly af- ..cnL G mayor said i eY dsc s ed - Jai TMEM1AMtMEPALD.SATURDAY.OCT DBtR21,1989 ► • —"v.y vague, ve vnd�.ed ideas K.;ooiRiver.tadcm.side:ahIe.z a of what l{:aght-Ridder meald do for parking aid =41dbelinked aitb I I CSmni with the Prepe•-T ad the tat inner mass transit i meat finanang district and the Zen- - But one of its five owners as NIE I S Si. MUmI v oral sate of Property around the know?edged that it would take time NE 14 TER. J MIMIorald 6ctni." for those peopie to come together site et n os+d Suarez coatd not remember ei- and decide urn the terms for tart• P P then whether a perforu.ng arm oea- ingo erthe and. IPerforming arts ter was mentioned. 'It ray have 77e have an the horses at the eereor been tasked about They have both trough. Unfortunately, we carrot 14 ST,- made h very dear to me that it was tell you they are axing to d-:i;," (NE 13 STi •1taJP out he preferred site." said b";;ay varld,;resident of canna Miami City Manager Cesar Odic, Deve.epmeat, which owns about NE /2 BT. �lK• who origsally wanted the center 80,000 square feet of the river. t built across the r-eet from Bayside, treat rand. A-rando Cod;: 2 is the then became a Proponent of the owner of Lhe de%-eicpmentcCmpzny. N£tC 5T. o fires antral K;ht-Bidder sit. Odio, a member of the=3 ce ter . py k Fie saA be spoke brie",y about the• t: st, radE Lhe :notion Friday to ap. NE 9 ST. location with Chapman-. dung a Prove the Rr3ght-Ridder site. Dade Fogs by the Bay concert in July. also ST. r o ti4 Odic was on developer Armando a trust member. pro:•ided :he sec- '� Cod, a's yacht. whicb was docked andtoLhatmot--Son. 1 !� NE 7 ST. N MILES nest to another beat earning The vote means that the r st and Knight -Rudder including iC:.ight•Ridder witl.now negotiate a Chapman. cant-= for transfer of the and Ln a T•ne site: Ben,"on Nor) Bayshore Ddve and Matakf P,aca and "We i=st taled L-em one beat to letter deliv.-ed to Odin Th•=,day, bstwean NE 13m and 14th la:rsnes. another;' Odic said. "F said this is Blumberg said Ynight-Ridden wars Owner Kr.:pht-Ft C 9r ino Parai. cm;.any d Tire Mianu Herald. exd n .. a:at does it meanP He to ;.area is devola;mert tights Pen er A.;h .scat s .0 an. a 2.6%±-ssaf o abalksl aaid.'TaU: to Fh0 Blw br: g. but re- grid trans prope::y to : r"ief on the 1 yrrPh-nYh' d �• memberIr3t:eferBicavtennal landusedbythe arscerter. 1hc:tar. Park He said the company aso wants Pxrking: to:C spxas. Earlier this week, i he biia al some say in the mm-ard des.p of q,y staminane H.-ald edito-al board, wbic-h is in- Lie facility, although it does not dependent from Mght-Ridder, rec- want to be involved in its consuc- oaimended that tie arts center be tieu. He also said zbat pablic money built in downtown Miami. m6t be used to finance "aridng ga- • •*Eih er site would be fire. al- rages, which would be used by both though the Ormi location — it's on 1Lnight-Bidder and the arts center. She extended Metronmer route— The arts =St agreed to meet "as more emnerient" the editorial again on Nov. o to bear a r epert cn . said. ' bow the land negotiations have Progressed and to debate j= bow. Theothersito the center's cotst-actienaid open The other proposed site. on Lhe tionswill bemanaged. wtSK W SS/ AZZAp. 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L:t1•_.Sr, y :: •a•: Y.>:« M1- '::1C' ti :. :::-'C .- �.-:� •:.7 + a :.Z i ..= d !=JL. ;C'. a:L :Az �iI i,i io •riikr'�t�,i�����ip�ll'!'I� ��9� ��.�,��i.�,i�.•ii 11•jj1'gs,I Jai TMEM1AMtMEPALD.SATURDAY.OCT DBtR21,1989 ► • —"v.y vague, ve vnd�.ed ideas K.;ooiRiver.tadcm.side:ahIe.z a of what l{:aght-Ridder meald do for parking aid =41dbelinked aitb I I CSmni with the Prepe•-T ad the tat inner mass transit i meat finanang district and the Zen- - But one of its five owners as NIE I S Si. MUmI v oral sate of Property around the know?edged that it would take time NE 14 TER. J MIMIorald 6ctni." for those peopie to come together site et n os+d Suarez coatd not remember ei- and decide urn the terms for tart• P P then whether a perforu.ng arm oea- ingo erthe and. IPerforming arts ter was mentioned. 'It ray have 77e have an the horses at the eereor been tasked about They have both trough. Unfortunately, we carrot 14 ST,- made h very dear to me that it was tell you they are axing to d-:i;," (NE 13 STi •1taJP out he preferred site." said b";;ay varld,;resident of canna Miami City Manager Cesar Odic, Deve.epmeat, which owns about NE /2 BT. �lK• who origsally wanted the center 80,000 square feet of the river. t built across the r-eet from Bayside, treat rand. A-rando Cod;: 2 is the then became a Proponent of the owner of Lhe de%-eicpmentcCmpzny. N£tC 5T. o fires antral K;ht-Bidder sit. Odio, a member of the=3 ce ter . py k Fie saA be spoke brie",y about the• t: st, radE Lhe :notion Friday to ap. NE 9 ST. location with Chapman-. dung a Prove the Rr3ght-Ridder site. Dade Fogs by the Bay concert in July. also ST. r o ti4 Odic was on developer Armando a trust member. pro:•ided :he sec- '� Cod, a's yacht. whicb was docked andtoLhatmot--Son. 1 !� NE 7 ST. N MILES nest to another beat earning The vote means that the r st and Knight -Rudder including iC:.ight•Ridder witl.now negotiate a Chapman. cant-= for transfer of the and Ln a T•ne site: Ben,"on Nor) Bayshore Ddve and Matakf P,aca and "We i=st taled L-em one beat to letter deliv.-ed to Odin Th•=,day, bstwean NE 13m and 14th la:rsnes. another;' Odic said. "F said this is Blumberg said Ynight-Ridden wars Owner Kr.:pht-Ft C 9r ino Parai. cm;.any d Tire Mianu Herald. exd n .. a:at does it meanP He to ;.area is devola;mert tights Pen er A.;h .scat s .0 an. a 2.6%±-ssaf o abalksl aaid.'TaU: to Fh0 Blw br: g. but re- grid trans prope::y to : r"ief on the 1 yrrPh-nYh' d �• memberIr3t:eferBicavtennal landusedbythe arscerter. 1hc:tar. Park He said the company aso wants Pxrking: to:C spxas. Earlier this week, i he biia al some say in the mm-ard des.p of q,y staminane H.-ald edito-al board, wbic-h is in- Lie facility, although it does not dependent from Mght-Ridder, rec- want to be involved in its consuc- oaimended that tie arts center be tieu. He also said zbat pablic money built in downtown Miami. m6t be used to finance "aridng ga- • •*Eih er site would be fire. al- rages, which would be used by both though the Ormi location — it's on 1Lnight-Bidder and the arts center. She extended Metronmer route— The arts =St agreed to meet "as more emnerient" the editorial again on Nov. o to bear a r epert cn . said. ' bow the land negotiations have Progressed and to debate j= bow. Theothersito the center's cotst-actienaid open The other proposed site. on Lhe tionswill bemanaged. wtSK W SS/ AZZAp. 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' ,�. r •A I �tRll r.::t"�:'ltt.•1���1'+' �n-•..>....../<j��.:�r r,ryl�1 I (` 41•,1 •/,r— 1 (j f+' L �(I �� • t. ,ir• .ry' ,•.t tL� i YiJ`� +'ttry. i, 1� 1 y- llt� '+Is•j I,I�f ,i•�7`•�r1r. s p7-r•`+'\;••fJ{•IS\}�j'!,1 I ,,�•; }t tpy'1 t' �t� `P l c'• 5' ti h v �) + lei cr . ,'� ri = to .4 `�•l's S'I ,`��i�`t/r�If1;.n.)f/jl./l�!•,'r,'Ir9,J,tr;S,�,,�T• '{. .1 r-ilt1�+41r;f, fJI� t ,` �, �yI •.P`y'e 1J�\}� �y.J �W / f/(j 1 1 1'y WU..y K i•""ait.l�s)t(ar r� r—,l.lyl Y - V.s,l�lr..l� l ''j ' �1 ••y'.tY'`[ •�C.I �t',1 1+ 'i`GAYfti OIVO --a, r + + '^7:>� 1 1 •.j � t�'i'Islw< ` r.. w.ansf+d ' I w 1 ?C". to . '!tt► � 1 0 r S , ! L` _i "� j i• ; 1 t •1 It r ' t'r r`\•�. r� �H11 ./.-`� t, ! tl� •Ir' r • r �f'\\ •��'� y 1 •\lvi. ,.!• , ' . (r • .. •. I .L � � t�p R t.:7% =-� ' Z t n P Ir �, (TJ , c ' � It g ( t•• � I ' ' _ a 1. r' • I 11 `' �fsfn• • �I � •i.( �l ..� �`` ����.uft•LetJt-��.t.r -' 1 '1 L �rilr•�lt��.i�l���iir��:�l'1�1I'�r��Ul�l��s\+_%� ���`y�0?.r.....1..,.���� `_',�,�� Drnw±nt),,obo4e, shows Ilse Int0cala desl0n ,, ' mullicrAcuml bricks' medians would be', .. i •, - '''' - v plans for Iho boulevard, SWriwaliss and PlataS-" P;anted with beds of flowers and a vartoly of 1 Ogfrenl Park be psllcincil in swiclmg abstractions of . • ., trees, Including mow royal palms. i '. ! - l ' _- n '11gUJ•� �s (IrII r I \\\ S•s d•t•1'I a /� - (flj' II ' � ,jjI \�• Dkrnlrnnbl Fa•k- 't'n," s' D , � Omni Int•rmlkeml `„� p IuSf lair OIVD. � \ �� � [' i•! Brazilian dcsi designer 1)-rinl.lmplcalamlrnochdiffetrrt + Irnm the siralltict,l t..,levard n( trees , tC1i1$(0IIll laid nail In 1925 at detrinpers hegan wantsto Ihelr full, n«rlh ln— dnwntnwn. it If blocks Biscayne a d"irn Ih+l 1s 1 (h mu. nl Ilnbrrlo of IlnrlrAlit. thanlllsofM,ned,Iwllt , Rlianii, for It is -into lyrical, tropical �ha �� wernul.ua+u 'panders nil;rr lhis month andap- to Yn.thc city'.. rItnvrilrA p nreA by Ihn Mia,ul Clly Cwnrniatiun. . .. . ,rill sr hrmr w.«dd 1,111h•• 1.,;.mile salt.lire lradryrely MI• l: •III:Tlt�IfUNt.f)p'' ' 1 and 111 rat In rin10hea1t Iasi,rItet „+ w•Ill, trot,. Vint%, nedr.e, flnwrr I -A ' '` ' - ''' • ' �" �� •' �' '.' -all set Inln a I,roluarly pallrrnr,l • ' , olerto Ilorle�Rtan's pavtmrof. Sunlr IrMlit lane wmd4 lit q,I+u Inn it. say., 14,uk• ., setr,ul rJ; broad medcnt wmdd he add• •-. ward rw,ld lnnslnrm 'din plants. and s--shirwalks ' , •,,.downtos. n RW.1 Into a would be widrnrd, T he project would . . 1 •', ,. ','p7xr o! amuemrnt. It tall an t%tiinmrd S 12 million, money call up pleaslot no one. jai,, and Ibttureese tN,tlrry, Thal 1, wh)• It Is so tslnordinary to tfnrle Rtara -01 sit to sprcltit ill• envl,iw, this public rardcn. fre.00.1 Ian his work In tams of "i would al,va) t prelrr In create a si,trn'allt %vldrhs, slreel slrr, numbers raiders for a city then a garden for pit. - of parking slues. hH Job was to ' i'vab• uui' slid Pur le Mara. "In a city- •dun n, nut redeslrn or enRlntlr. . ,many Dcoplr ran I:ace Ihn pleasure u1 ., being lugelhrr, with lilt plants:' AlonR the well sldr, when the' A1,9, Ilurlr Marais oar of Iitt street nwel%U,e buihhngt of dnwn•' Iowa. Ile<sld<walk w)il rrmsto the ' wurl,l's foremnsl laadtcape Cesirnen, ' allow — Its wldth ranges final 20In 21 ' 1e 1 known I,reL.ln J." lets esul•rr+nl f.el — srN,lA of i7nrt heat ystillStreet. 'dealro ..I li.A t d,walks aml sir eft s { r wn their oarl h In Northr•s/"Is". ' ,.I r Culural,ana and Itunr,na Iwach- it,, sl:lr walk will be widened %.here .,n in his aM.'r Ill alit. f.acepl in' for , In fra,l a( lilt fieriness, tow•' .lIN1:ti+:U t;ar Jens In lVashlxglw,, ,.'Lssibtr: ern II Is a meet 171re1, inn eaaml,l<• - I),C' , h< Jr., elnna nn twblie wurk in • ' ' and In lrnni of Itoward )ol,nson s It , ,Ibe United Stales until now, _.. ,. _, t...,. will Lt it lee(. ,- -- -- • • - - a; Ifurlt Alara It a pcinirr lurnrd land. I•'fuPt •- I:yra at that. It's still P✓) little, but archhect woo has teen w•orkidg no canvas I I seulp lore and with gar• Illwayne Iloutevard is A stalt-con• '• !rolled federal hirhwa)• so sidewalk .,s a told and stur.mng -; • _ ' prolv,si/inri In make 2J blanks nl ilus 11,a1 mutt be culled pn•h a nun,hrr nl sources, some ail them reluctant one;.' 'Phis birds. tyr'vit%i of I{iseeyne •. ``'lens, !licit! and InlLhc j,lans for lice ' es•IJlhs 2,egnit t nonnr�ollablt Issue. . a11-imlvAAM h-ultvatd Into a linear : Yet the Imnetut to do sly It slronr, ' aruf Nort brnst Illl::Nt reel shows '�`dreadrs. Ili% work Is Intertwined: •',Idrwalk%orb as {f N,ey , The plan rapt for a substantial re• , pubic lamisrope Thal wwild be tam- . and that the ru .sal has rained sun 1, 1, I R Irclli,rs rising to L0 (ell eortred pallrrnrd •were palntinrs, and Irrrf and plants ' building oI the fnulertrd Irom fi/Ile ' pilling in walk IhrtN,gh, fascinating to • svidrsptnd sul`I`ntl is a r•..I slrn- 1 of : _• ++•{Ill fln,rrring v{ncs, - take on new and aC'ulplun,,ulet, 4sr,1 �'' 1nrr1 1,o11h In Inlrnlair 191 of I Ith •. 's drive pasl lad awesome to %iew Ito III a, ar,luou%as Ihn task ail rrin,IlA:n , r :' li s„alrllxes ju,l at slnac Inc wr.,.l might iffer the plan Is lolntroduce a . • , on high. , , e, .I , ,'. ., , .. „ . ynr (ward ml. I,r, 1t Is err• "' sli story tries of fill 11 lakej boor• ... ie, as all In the liar dimensions. 90•la)I-wlde IanJscapt4 cordials on•S hroaJea lilt sidewalks al b,dh ell ea. A , • The drNgn has such. L+wen that it Is '.: •Imntt ir,aric to hear Durk Man him• taint Worth - . lainly a•ruth 1Le tllucl. •, - are. Wilhanrr and ir.,aeil In crrale '' r. Y ARM this would Utr place In li✓ ' 1` ' 1otlrtn of Ihn deep-walrr slip al Ninth descnM it in in ter ly unJnslal^t �rra1 rIl{r %, alter all, art more Than ; milt eillrs, I r bn,rs, we Iru'l 1n ,; , Iur,sn,u1 iur 1liscayne 11—I"ard.'ddt- ' *,trill will he filled in In almw lot a sell terms: simply, -a CUJ:n In the city:' -in"Clybnlld,nrs.7heyale Rraml 1-1.' fore„.1111'.1 In achieve arro1d. 11u1 .•,volt, a,ol plans would be patterned •'Lo-foot—Idt promenad< 1lnkial Day Irvanit and vase rlvic plaa.0 — a host .' allies 1,11 I,c r,m,rusu, troll lu Lr Um• ;1, .' L', swilling ohstractinn, patterns froM and Wetntannlal parks. • • It I% indeed a singular vision of n1"wA,WI Imsre+. R'n hrn,l Ihusr Id, eu.lu,el, eves, urly placr%that. be- .. drawn from snurcrs ranrinr. from . ' • •' . •.'what Usxaynt-Uoulr•ud could oc — Images, it,. idea of it,e dry Is lost. , - cause they are hitendtd nail to ollcud, . '. pit{nluwblan art to early Italian coo• Pteute fairly to IJOULLVARD 16K rn �� rt Ott^• i ilrr�l,l isle ,le:•. htnv °%. 17!- t1(fI11J:vApU/jnm IN ;� '�t}�}i�'rr��lA�!` 4,1�' � 4 In ihrr- Incnllons ; l the Torchntl'ril-ndsl,ip,althrdrrl,- ��,�if it � "'i`•',llj�, '` water slip mid ncmr, from the ne,vvacnnt Srnrs tenure — Ihrrc A t7 1 .'• ``''Y l�'r11 ,..1 1h, would be plazas nt whirs In pnmc./, ,!<4,'I , Allalnng:lhemrtllans will l,cI;•' �� ,�t (1 planted with Ixvls ower f flos and a ,1 r i t • •i-1 i ,', I't-�c variety of lrres. For Ihirle Merx ! [lie inndscaping Is ns Inlegral to I rii file nit of the sheet as (lie patlcrn s r 11rSiR\l { t 1, 4k b . I (!d'( . "1 wtch to link the volumes of I` (ll;�l.mJ •� f;� .a , the planer, by using little, inrdium and big ones, to crcnte rhyllims,r he said. "You goo vcrand through r Om pillern.", Palins, already the signal free of I fi n iiiscayne Boulevard. will be lised' In prolusion. Ilurle Marx has :called for ninre royal palros and fur the addition of other varieties' as well. Color is all-important to ; �(� 'j .' i� ,, s him, and so Ihn hatiscilm will be drawn with f luwcring trees, bush' es and vines that will clamber over ' ' i :1'' + lrclliscs and st>tclalty dcsigi:ed • eoluinw;. "llm people must re- .'. itolmrto Ilurle filnrx• A plan 'fur , member that green is a color as unllenicd pnvcmcnl. wen," Ilurlc Marx said. rd, Ibc brick; for lie nc Ind In four;orations --:it Flaglcr,' Fourth, Ninth and Hill slrcrts --! lici Wrr brick will be bc[gc and hich life design will cover life entire in• wii. which arc fine, :.nd brawn, which is less pleasing —inimical In the te: section, spanning the street• idea of an urban garden and again The pmlxisal suf ices one iron-' not tropical (even our dirt leads to bling problent:'I'hc city is planning be block). III use four-Inch•sgitare brick pay. Prom beginning it) earl, this Is . rr5 set f b1Sli to create the pallern. 15.500 lineal leer tit ImW!rar it Even set in this ahmroct patter, ' sidewalk -- a lot of earth -tubed brick still scents somehow nor tlir brick. crn, nut tropical, and wrong. '. ; ' Ali addilimml and on less hnpor- .. Most of llurie �larx's nlrcels and Cant consideration: The pallcnccd, plazas use native rock set as fit a sidewalk rents almintly wberr Ilyzantitie nnus:dc, scattl:rcd:nul Ilayfrunt ;'ark brgins. the park is, -flat• and it gives the work a lit;ht.. of coarse, being teconsimcirvl by mess nnrl a strength that will be sculptor -turned -landscape arch;-, lost with brick. IN( it is a lough . Most paver tiles would '•. 4��D� toe be tl,rt rile contrivnl•hxlking (and un• '' , , comfortable underitwt), and [lie' .1p��rWf��L17Z]'► pattern is, too complicated for most ' iwured concrete.' [lurle Marx typically works in LL :.- wliite, a pale terra -coda tone and t•- ,1 1U1(UpY p1rOY1 tMOItII ' ON fill OCIAN Ar941h\C04111,111"Fl. .i: a,t RAA8OUY,NIAJAI5IACN,IIA. , r n.101.11 r4UL001 UA M1t/01tp 14M1 vowm s�J ((''�� JUNE 70 S^��yy • 'Jtoir70 19, 70SEPts 2< 5�, u.,y r•.. iw.,n, a NY rfo-: rf .r t to...,N „{ •!'RESEVVA11ONS 865-"31 •'i t)trruol IOUA pal rin 1.100-41140S] .. � tr • •fen Oc...rr:w Yttpf flAa4 poko.irf ' • WO /E Oc." Mad • ha. I'll R m • Call— Porpe ' MAY 25 & T_6 %YVEDNESDAYSHOW 913M TI-1111ISDAY'SHOW I4"1 is:mm Nnl;urhi. . .. Ntg;nchl's park is at nnflorctalril ,it t uric hlarx's strvrlscnvr is ool spnl tn, yet till- lone could work rvnrrirahly,•++•Iltnf;clhrr.l'heir I tlnitm nerds In br Ihouglil art hcl•' Irr, Ihu•tgb, for Oil- sake of both ' wnrkt of landscape art and fur (fie sake of the city. ' It Is amazing to think of the fit. I lure in these trinis —uf Minrni r;aing above the mediocrity it has so nflrn miccilro well to In order to embrace brilliance. ' One mandate Is that this needs , to be done as a whole, not in hits and pieces. It's expensive, and road rennvalrons are little- eonsi mmng propositions filled will irritations and inconvenicnccs. In no way will it be easy. •- ' - •..• [11it lit return, Mlaml will gel a •� boulevard ofenornlous beauty and international imin,rtance, a street ; Irefittingthe, eity'spotential. ••,< lookhig to life prospects of great.,;, ness in the: future. . : INTROI Dan Bring „ CrealivL m ^. �nsld0 L June 4lh- ror morn inlor 940-Kr i i'• • ,'VIDE( PRODUCi TECHNIM :., "Hands -On" with Profess A.. Yidoo Ca111C June'411) Jun ror moro Informal ., 94&KNO wmscxM01•IOU Ow"JunlUJIS :.1 •r ,Itf.t,r ,�, ri''' A mn _w"Iff low j77 ...... J1 �It��?\=-= IV A t D :"VIAN C-Wy! .- vr-N[ '— � \: 'nrN.. �NI �.f�-.�.� 1 �I.I.i•� fl ��:.��ivtiy �ll_... J �. _. A�C A� jk-� nTtjt)n.c5Wv, 31. W.% IIICCNTrNNIAL J! PAIIK WATSON -j a, -- b\ Em UY dlj. PULAT N: 4 .4/*4 11211 ij F— ) AT I El LOYE(n� CN �fl o GLEI r POAT OF MIAMI 11im.a.11114, llff.v \CLAUGIITON ISLAND EMI oy T.ION 1G.110 F---] Ej L-Z Ij E—D I Ica souncr: DOWNTOWN DEVELOPMENT AUTHORITY 1985 EMPLOYEE POPULA` IO OTAL EMPLOYEE POPULATION: B2,240 iW ;v13 MAe I PORT OF MIAL4.1 SOURCE: DOWNTOWN DEVELOPMENT AUMORl" RESIDENT Puo"PULATIOW&M lv—w a N AND HOUSING TOTAL RESIDENT POPULA,riON: 18,948 TOTAL HOUSING UNITS: 9,432 i ACTO: JOl.A 03/03/00 E al '' « '�, t3 U U P I) A T f 3 °t P R 0 J E C T i 0 N 3 N A T 7 0 ra A L D = C Z 1 P5 Y rT E PS - _ P i' A C `f x - F lJ L. L. 13 AT A RE f' 0 R 'r = 6 ) L; -''4 7000 - PREPAREE7 Ffli? THE D J3 5Ur1NfR COMF'e`�NY = f NE. 15TH ST AND 4- IGCAYNE BLVD SITE 4: 1927436 - MIAMI, FL fit' - -____ .-- CORD: 25.473 O0. 111 a � � W-----•----________________...__---1.0 MILE3.0MILE5.0 �----�--.._--�TMILE DESCRIPTION RADIUS RADIUS RADIUS _----_----•.------+—_—.------------- --------------- -.---ter...---------------------- POPULATION 1992 PROJECTION 16,.413 103,765 466, 879- 19437 ESTIMATE 151 125 173,117 445,408 1900 CENSUS 1311,70 162, 702 414,087 1970 CENSUS 16,554 165,576 409,026 a r GROWTH 70-00—19.04% —1.74% 1.24% �gHOUSEHOLDS 1992 PROJECTION 71909 03, 541 205,495 1907-ESTIMATE 7,137 76,439 191,116 1980 CENSUS 5, 90 66,714 171, 259' 1970 CENSUS 7, 313 62, 042 154,300 GROWTH 70-00 --10. 21% 6. 167 10.99% POPULATION BY RACE SPA14ISH ORIGIN 13, '2170 162, 702 414,087 WHITE 45.90% 61.31% 63.66% BLACK 44. 14% 2 7. 25% 29. 21 % AMERICAN INDIAN 0, 23% 0. 12% 0. 11% ASIAN & PACIFIC ISLANDER 0. 52% 0. 57i: 0.54% r' OTHER RACES 9. 14% 10.74% 6.48% SPANISH ORIGI14 — NEW CATEGORY 29. �U% 51. 31% 43. 68% OCCUPIED UNITS 51 902 66, 714 171,259 OWNER OCCUPIED 12. 31 % 22. 90% 30. 49% RENTER OCCUPIED 37. 69% 77. 10% 69. 51% 1900 PERSONS PER HOUSEHOLD 2. 11 36 2.37• YEAR ROUND UNITS AT ADDRESS 71390 74,560 186,905 SINGLE UNITS 16. 54% 31. 04'!. 39. 95% TO 9 UNITS 21. 40% 26. 02% 21. 19% 10+ UNITS 61. 67`/. 41. B8% • 37. 66% MOBILE HOME OR TRAILER 0. 19% O. 27% 1. 19% SINGLE/MULTIPLE UNIT RATIO 0.20 0.47 0.68 1987 ESTIMATED HOUSEHOLDS BY Ii�ICOI`1E 7,137 76,439 191,116 ' '$75, 000 OR MORE 3. 47% 4. 21% 4. 06% { 50, 000 TO $74, 999 3. a 1 % 4. 03% 5. 26% $35, 000 TO $49, 999 5. 6t4% 7. 02% 8. 29% $25, 000 TO $34, 99S' 7. 60% 10. 12% 10. B7% $15, 000 TO $24, 999 17. 52% i9. 99% 20. 27% 7, 500 TO E 14, 999 213. 86 % 26. 22% 25. 12l. UNDER 7, 500 33. 40% 20. 42% r- 14% 1907 ESTIMATED AVERAGE HI -I INCOME=. $17, 357 $'10, 077 $22, 105 1907 ESTIMATED NED I AN 14H INCOME x 13, 03 7 $15, 699 $16, 019 1907 ESTIMATED PER CAPITA INCOME $0, 495 `I;9112B $9, 577 vlAa Q3i0�3 _�t� C r h! P r.? A T E S P R 0 J E. C T 1 0 N s N A T T n N A_ D E T �-, T 3 N r a r Ell i C M S 0 p -- F A C T z - F (1 i_ 1- 1) A T A P V--: P O r. T .... 619-942-7000 ' PREPARED FOR NE Tf-JE D B SUMMER COMPANY ' iSTIE 5T AND DISCAYNE DLVD SITE it: 1927B6 t MIAMI, rL ----------------------------------------------- i.©Rb: 25. 473 80.111 _ ___.---------------------- DESCRIPTION 1. O MILE 3.0 MILE 5.0 MILE RAriIU:3 RADIUS RADIUS s ---------------------•-------•------------------------------------------------------- POPULATION BY SEX, 13,270 162,702 414, 0613 MALE 51. 51% 47. 05% 46, 17% FEMALE 43.49% 5".95% 53.83% POPULATION BY AGE 13,270 162, 702 414,068 UNDER 5 YEARS 6. 56% 5.70% 5.55% 5 TO 9 YEARS 5.76% 5.43% 5.41% 10 TO 14 YEARS 5. 45% 5. 42% 5. 67% 15 TO 19 YEARS 7. 40% 7. 2 57 7. 34% 20 TO 2 4 YEARS 9. 47% 8. 01 % 7. 55% 25 TO 29 YEARS 9, 4 0 % 7.207. 6. 86i: 30 TO 34 YEARS 7. 59% 5. 99% 5.657. 35 TO 44 YEARS 12- 17`/. 11. 11% 10. 47% 45 TO 54 YEARS 11.667 11.74% 11.56% _ 55 TO 59 YEARS 5.50% 5.03% 5.89`!. 60 TO 64 YEARS 5. 40% 5. 62'.'. 5.637. 65 TO 74 YEARS 3. 06% 11. 40% 12. 00% 75+ YEARS 5. 43% 9. 20% 10.42% MEDIAN AGE 34.06 40.45 41.74 AVERAGE AGE 37. 15 40. 94 41.75 FEMALE POPULATION BY AGE 6,435 06,150 222,908 - UNDER 5 YEARS 6. 72% 5. 29`/. 5.04% 5 TO 9 YEARS 5.96% 5.05% 4.92% 10 TO 14 YEARS 5.59% 5.05% 5. 16% 15 TO 19 YEARS 0.46% 6.99% 6.95% 20 TO 24 YEARS 9. 57% 7. 63% 7. 2 3% 25 TO 29 YEARS 9. 10% 6. 99;: 6, 57% 30 TO 34 YEARS 7. 51 % 5. 66% 5. 40% j 35 TO 44 YEARS 11. 19% 10. 71% 10.24% 45 TO 54 YEARS 10.321: 11. 36% 11.33% 55 TO 59 YEARS 5.37% 5.92% 6.01% 60 TO 64 YEARS 5.23% 5.95% 5.94% 65 TO 74 YEARS 0.157. 12. 73% 13.377. 75+ YEARS 6. 75% 10. 60% 11.847. FEMALE MEDIAN AGE 33.30 39.41 40.35 FEMALE AVERAGE AGE 37.15 42. 58 43.50 POPULATION BY HOUSEHOLD TYPE 13,270 162,702 414,068 FAMILY HOUSEHOLDS 64. 16% 76. ©2% 70. 65% NON FAMILY HOUSEHOLDS 30. 0 5% 20. 06`/. 19. 54% GROUP GUI%RTERS 5. 00% 3. 12:'. 1. ©1% 2 minnow ACCTO : l oo 1. l 03l03l8i� tr E N S 1J S n 0 tJ !' D A T F S °, P R n J E C T I 0 N S r,l A T I rl N A E_ 1) F {: T. S J 0 I'll �; Y r F t, s ' n f' F /t G' T 5 - E= U !_ I_ D IN T A E� E" P O R T riri PREPARED FOR THE D D SUMNI'_R COMPfiNY NE 15TH S'T AND BISCAYNE BLVD SITE it: 192786 MIAMI, FL ---------------------- CURD: 25. 4731 E30. 111 ._,__________.________ 1. O MILE 3.0 MILE 5.0 MILE DESCRIPTION ------------------------------------------------------------------------------- RADIUS 14ADIUS RADIUS HISPANIC POPULATION DY RACE 3, 93.4 03, 402 100,869 WHITE 66. 73 f 76. 16% a2. Be% BLACK 5.33% :?.135% 3.07% AMER I CAN I ND I AN c AS I AN 0. 46% 0. 26% 0. 23% OTHER RACE 7. 43% 19.73% 13.827 HISPANIC POPULATION DY TYPE 13, 270 162,702 414,007 NOT OF HISPANIC ORIGIN 70. 50% 40.69% 56.32% MEX I CAN 0. 4 2 % 0. 45% 0. 44% PUERTO RICAN 6. 127. 4.86% 3.26% CUBAN 9. 99% 34.97`/. 31.60 OTHER SPAN I SH 121. 9 6 % 1 1. 03% 13. 30% MARITAL STATUS PERSONS 154- 10,912 135,763 345, 2_54 SINGLE 36. 25% 218, 00% 26.1347. MARRIED 30. 97% 43. 90% 44. 92% SEPARATED 3.68% 5.27% 4.69% WIDOWED 11.06% 12.32% 13.51% DIVORCED 13.05% 10.43% 10.05% MARITAL STATUS OF FEMALES 15+ 5,259 72, 894 iB9, 212 SINGLE 31. 16% 24.35% 23.31% MARRIED 30.94% 40.20% 40.61% SEPARATED 0. 59% 5. 36% 4. 88% WIDOWED 16. 34 % 10. 70% 20. 16% DIVORCED 12. 96% 11. 30% 11.03% PERSONS IN UNIT 5, 9f32 6,714 171, 253 1 PERSON UNITS 40. b5:: 36. 51% 36. 07% 2 PERSON UNITS 24. 42% 29. 50% 30.07% 3 PERSON UNITS 11. 3G% 14. 39% 13.95% 4 PERSON UNITS 6.977. 9. 49% 9. 50% 5 PERSON UNITS 3. 97% 4. 95% 5. 13% 6+ PERSON UNITS 4. 67% 5. 15% 5. 2a% PERSONS IN RENTER UNITS 4,967 50,505 118,193 1 PERSON UNITS 40.00% 39. 54% 41. 31% 2 PERSON UNITS V_ 04`/. 28. 73% 20.677. 3 PERSON UNITS 11.00% 14. 19% 13.06% 4 PERSON UNITS 7. 23% Q. 94% 13. 33'/. 5 PERSON UNITS 4. 14/. 4. 29/. 4. �t3/. 6+ PERSON UNITS 4. B7% 4. 31 % 4.367 3 i AIR7{ , sy _ ..: C 03l0ilQf� O t, U P 1) A T E S ?. P R 0 J E dy T I D N S �! A T 1 0 N A i_ D E C T,5 T O N S V G T E M 5 _ rs 0P- nc _. =ULL DATA R r._ Pnr;T V 61 V.._94 -7000 PREPr'►SI_T) FOR THE D B SUMNER COMPANY NE15TH S T AND BI aCAYNE BLVU SITE 1#: 192706 MIAMI, FL, CORD: 28 5. 473 0. Ill --. _____.-_-_____._--.-_-.-__---.--------_-_------_--____---.-_______________- t DESCRIPTION 1. 0 MILE 3.0 MILE 5.0 MILE _----_---__----RADIUSRADIUS ----------------- HOUSEHOLDS BY TYPE 5,902 66,714 171,253 SINGLE MALE 30, 02% 15. 04% 14. 53% SINGLE FEMALE 10.63% 20.67% 21. 54% MARRIED COUPLE 23.61% 39.40% 40.597. OTHER FAMILY - MALE HEAD 4. 73% 4. 25% 3. @8% (OTHER FAMILY - FEMALE HEAD 14.967 14. 5D% 14.64% NON FAMILY - MALE HEAD 5. 2 7 % 3. � 88% NON FAMILY - FEMALE HEAD 2. 7 0 X 1.99% 1.94% HOUSEiiOLDS WITH CHILDREN 0-10 1,'393 17, 602 45,265 MARRIED COUPLE FAMILY 42. 71% 59.74% 59.25% OTHER FAMILY -- MALE HEAD p. 71% 6. 10% 5.78% OTHER FAMILY - FEMALE HEAD 46. 55% 32.97% :I3.857. NON FAMILY 2 . 03% 1. 20% 1. 13% 1900 OWNER OCCUPIED PROPERTY VALUES 23B 9,492 34,555 UNDER $215, 000 10 40% 15. 00% 14.237. $251000 TO $39, 999 26. 1B:: 20. 91% 25. 00% 40, OOq TO 'k49, 999 12. 17% 15. 49% 16. 50% $50, 000 TO $79, 999 19. 32% 23. 89% 28.737. $30, 000 TO $99, 999 lt. 10% 4. L7% 5. 57% $100, 000 TO $149, 000 8. 12% 4. 78% 5. 01% $150► 000 TO $199► 999 3. 73% 2. 07% i. 94% _ $200, 000+ 7. 90% 4. 20% 3. 03% 1900 MEDIAN PROPERTY VALUE $52 , 101 $521 104 $53, 257 POPULATION BY URBAN VS RURAL 13, 270 162, 702 414,087 URBAN 100.00% 100.007. 100.00'l. ` RURAL 0.00% 0.007. 0.00% POPULATION ENROLLED IN SCHOOL 2, 601 34, 267 87,'558 NURSERY SCHOOL 3. 02% 3.41% 3.41% KINDERGARTEN & ELEMENTARY (1-0) 50. 74% 49. 87% 50. 59% HIGH SCHOOL (9-12) 13. 31 % 21. 22% 23. 40% COLLEGE 27. 13% 25.50% 22.59%. POPULATION 25+ BY EDUCATION LEVEL 0,710 111,013 283,724 ELEMENTARY (0-C3) 29. 76"/. 39, 05% 36. 01% = SOME HIGH SCHOOL (9-11) 19. 2'6'/. 1A1. 36% 14. 60% HIGH SCHOOL GRADUATE (12) 26. 00% 23. 49% 25. 40% SOME COLLEGE (13-15) 13. 4.3% 11. 33 % 11. 84% COLLEGE GRADUATE (16+) 11. 55:i 11. 77% 12. 15% 4 0 ACCTO: 1o()1.,-3 c U" 6 t 03/03/G[3 UrDATF "ATTONA1,- S PROjECTTONS ' T)' E- C IT 5 1 0 INS Y ri T E M G I-F U L L D A T A R E P 0 R T 61. 9 - 9 4. 2*1 - 7 0 0 0 NE PREPARED FOR THE 1) ri IDTH ST AND SUMNER COMPANY DISCAY14E DLVD MIAMI, FL SITE ff: 192706 ---------------CORD: 25,-473 DESCRIPTION 1.0 MILE 3.0 MILE --80.111 5.0 MILE -------------------------------------------------------------------- RADIUS RADIUS RADIUS POPULATION 16+ By OCCUPATION EXECUTIVE D17,10 67,006 170,032 AND MANAGERIAL PROFESSIONAL SPECIALTY 9.�5D% 7.89% TECHNICAL SUPPORT 7.53% 7.99% 0.95% SALES 2.25% 2.25% ADMINISTRATIVE SUPPORT 7. '710% 9.50% 10.40% SERVICE: PRIVATE HOUSEHOLD 1.12.06% 3.71% 15.40% 1.77% 16.95% 1.00% SERVICE: PROTECTIVE SERVICE: 1.61% 1.29% 1.31% OTHER FARMING FORESTRY v;< FISHING 23.34% 17.70% 16.49% PRECISION PRODUCTION & CRAFT 1.219% 11.021% 1. 51X 11.65*4 1. 45% 10.96% MACHINE OPERATOR TRANSPORTATION -4( 0.111% 12.40% 10.57% MATERIAL MOVING LABORERS 4.67% 4.51% 4.63% 7.45Z 5.90% 5.78% FEMALES 16+ WITH CHILDREN 0-10 1,169 15,917 40,504 WORKING WITH CHILD UNDER 6 26,21% 23. 2 3 X 222. 66% NOT WORKING WITH CHILD UNDER 6 215.40% 21.72% 20.07% WORKING WITH CHILD 6-10 ONLY 31 10*1 36 3'7 './ 38 2Z-/ NOT WORKING WITH CHILD 6-13 ONLY 17.21% 10.60% 19.00% HOUSEHOLDS W NUMBER OF VEHICLES 6,02O- 66,714 171,2274 NO VEHICLES 50.00% 39. 55% 37.77% I VEHICLE 30.39% 41.00% 39.91% VEHICLES 9.93% 15.05% 16.92% 3+ VEHICLES 1.60% 4.40% 5.40% ESTIMATED TOTAL VEHICLES 3)015 56,030 155,926 POPULATION BY TRAVEL TIME TO WORK 5,246 65,147 161,964 UNDER 5 MINUTES 3. 7'_'; % 1.02% 1,66% 5 TO 9 MINUTES 0.50% 0.119%. 0. % 10 TO 14 MINUTES 15 TO 19 MINUTES 12.59% 14.44% 13.27% 16.03% 17.73% 10.57% 20 TO 29 MINUTES 213. 0 0 % 23. 20% 214. 14 % 30 TO 44 MINUTES 21.65% 22. 2% 22. 5 7 % 45 TO 59 MINUTES 5. 0 5'11. 4.09% 4.75% 60+ MINUTES 0.57% 7. 32 % 6,83% AVERAGE TRAVEL TIME IN MINUTES 24.05 24.03 24.00 POPULATION BY TRANSPORTATION TO WORK 5,473 64,993 163,349 DRIVE ALONE 43. 22% 52.71% 56.03% CAR POOL 12.99% 10.65% 18.37% PUBLIC TRANSPORTATION 29.03% 10.53% 15.72% WALKED ONLY 9. 81% 7.57% 6.50% OTHER MEANS 3.37% 1.46% 1.49% WORKED AT HOME 1.50% 1. ou'r". 1.09% i ACCT4� C C3 O U P D A T 1_. 5 & P R O J E C.` T I 0 N S N A T T O N ,1 L_ D 1 C T G, T G N S Y O T F- M S P o P- F A C T S - F u l_ L_ DATA PCPORT PRII.PA tL D FOR THE: D B w'JM�IEf-' COMPANY NE 15TH ST AND B I SC AYNE B LVD SITE if: 1921706 MIAMI. FL CORD: 25.473 00.111 1. 0 MILE 3.0 MILE 5.0 MILE � DESCRIPTION -------------------------------------------------------------------------------- RADIUS RADIUS RADIUS HOUSING UNITS BY YEAR BUILT 7,400 74,001 187,370 BUILT 1979 TO MARCH 1950 3.37% 2.2I3%, 1.90% BUILT 1975 TO 1970 3. 45% 5. 55% 4. 52 % BUILT 1970 TO 1974 6. 06% 13. !.0% 11. 67% BUILT 1960 TO 1969 15. 45" 2 1. 16% 21. ©1% BUILT 1950 TO 1959 2G.301. 22.02% 23.44'!. BUILT 1940 TO 1949 19.413 16. 66"/. 10. 55% BUILT 1939 OR EARLIER 23. 10% 19.23% la. 11% 1900 HOUSEHOLDS BY 1979 INCOMES 5, 902 66, 7 14 171,259 $75, 000+ 1. 34% 1. 43% 1. 44% $50, 000 TO '$74, 999 1. 63% 1. 69% 1. 84% $35► 000 TO $49, 999 2. 59% 2. 95% 3. 74% $2'5, 000 TO $34, 999 4. 70% 6. 05% 7. 19% $15, 000 TO $2A, 999 13. 64% 17. 10% 17. 99% $ 7,500 TO $14, 999 25. 61;! 27. 1 9 % 26. 84% UNDER $7, 500 50. 49% 43. 59% 40. 95% 1979 AVERAGE HOUSEHOLD INCOME $11, 778 $13, 5'9 $14, 419 1979 MEDIAN HOUSEHOLD INCOME $0, 510 $9, 910 $10, 6B9 1990 FAMILIES BY 1979 INCOMES 2, 640 39,445 102, 570 $75, 000+ 2. 27% 2. 00% 2. 09% s50; 000 TO $74, 999 1. B3% 1. 91% 2. 42% $35, 000 TO $49, 999 3. 52% 4. 07% . 5. 18% $25, 000 TO '$34, 999 5. 49% 7. ©7% 9. 65% $15, 000 TO $24, 999 15. 39% 21. 43% 22.547. 7,500 TO $14, 999 28. 55% 30. 4G% 24. 2©% UNDER $7, 500 42 . 45% 32. 27% 28. 85% 1979 AVERAGE FAMILY INCOME $14, 141 v16, 310 $17, 696' 1979 MEDIAN FAMILY INCOME '. 9, 943 $12, 543 $13, 668 6 ,1 A(;C'1'1#: l oo.t ;a 03/0:3dQf., C E r.� T3 , u s ' rl o, U P D A T L 5 ". ?' R 0 •J F C T" I O N 5 A C "r '.:; t_ D A T A R F, v 0 p T" NE 1 5TH PREPARED FOR ,'HE D n SUPINER COMPANY `"tIAMI, ST AND f3151CAYNE i3LVD SITE 4t: 192706 FL CARD: 25.473 00. 111 1.0 MILE :3.0 MILE 5.0 MILE: DESCRIPTION RADIUS 13ADIUS RADIUS 1907 POPULATION BY SEX MALE FEMALE 1907 POPULATION BY AGE UNDER 5 YEARS 5 TO 9 YEARS 10 TO 14 YEARS 15 TO 19 YEARS 20 TO 2.4 YEARS 25 TO 29 YEARS 30 TO 34 YEARS 35 TO 44 YEARS 45 1'0 54 YEARS 55 TO 59 YEARS 60 TO 64 YEARS 65 TO 74 YEARS 75-t- YEARS 1907 MEDIAN AGE 1907 AVERAGE AGE 1907 FEMALE POPULATION BY AGE UNDER 5 YEARS 5 TO 9 YEARS 10 TO 14. YEARS 15 TO 19 YEARS 20 TO 24 YEARS 25 TO 29 YEARS 30 TO 34 YEARS 35 TO 44 YEARS 45 TO 54 YEARS 55 TO 59 YEARS 60 TO 64 YEARS 65 TO 74 YEARS 75+ YEARS 1987 FEMALE MEDIAN AGE 1987 FEMALE AVERAGE AGE l51 125 51. 16% 40, 04% 1511 1215 6. 00% 6. 62% 6. 10% 6. G7% 6. 96f 0. 74 3. 96% 1,1. 04% 10. V9% 5. 42 % D. 2 5 % 0. 23 /, 5. 61% 34.90 37. 50 7, 3G7 6. 91 6. 74% 6. 26% 7. 12% 7. 047. 0. Go% 9. 06% 13. 24% 9. 96% 4. 01 % 4. 99% 3. 21 % 6. 7B% 34. 59 37.:.7 170,117 47. 137.. 52. 07% 170,117 5. 137% 5. 08% 5. 71 5. 95% 6. 30% 7. 62% S. 10% 12. 49% 10. 06% 5. 02% 5. ©0% 9. 03% 9. 515% 40. 21 42.70 94, 176 5. 45% 5. 46% 5. 31% 5. 72 5. 94% 7. 10 7. 96% 12. 02% 10. 51% 5. 72% 6. 00 10. 92 11. 80% 42. 55 A 5. 14 445, 406 46.247. 53. 76% 445,409 5. 76% 5. 71% 5. 62/ 5. 90% 6. 219% 7. 57% 2. 01% 11. 83% 10. 50% 5. 83% 5. 96% 10. 23% 10. 80% 41.39 43.94 239,442 5. 24% 5. 20% 5. 11% 5. 42% 5. 83% 7. 11% 7. 84% 11. 47% 10. 33% 5. 79% 6. 12% 11. 32% 13. 21% 44.10 46.75 7 LIST OF PROPOSALS ON FILE IN THE CITY CLERK'S OFFICE FOR PROPOSED SITE OF NEW ADMINISTRATION BUILDING 1. Caldwell Banker Commercial/Robert G. Little: AAA Building (4300 Biscayne Blvd.) 2. Jack Seitlin & J.P. Bared lot at 2nd Avenue and W. Flagler Street 3. Concerned Citizens of Northeast Miami. 4400 Biscayne Blvd. 4. Florida East Coast Properties, Inc. Jordan Marsh Building (1501 Biscayne Blvd.) One Bayfront Plaza (100 S. Biscayne Blvd.) 5. The Speizer Company Miami D & D Centre (N.E. 39 Street + N.E. 2 Avenue) 6. Cushman & Wakefield Freedom Tower (600 Biscayne Blvd.) 7. Commercial Realty Alliance 56 S.W. i Street 8. Grubb & Ellis of Florida Inc. 100 N.E. First Ave. 9. Airport 5040 Limited Partnership 5040 N.W. 7 Street 10. Steel Hector & Davis Biscayne Blvd. + N.E. 2 Avenue ll. The D.B. Summer Company Jefferson Building (1500 Biscayne Boulevard) .k a CITY OF NAIA"4A1, F1_0RIF)A INTER -OFFICE MEMORANDUM THE HONORABLE DATE FILE . To. COMMISSIONER MIRIAM ALONSO March 27, 1990 SUEWECT. Deadline for receipt of FROM MATTY HIRAI City Clerk REFERENCES ENCLOSURES REP Concerning the New Administration Building Attached hereto please find proposals received from FLORIDA EAST COAST PROPERTIES, INC. AND THE SPEIZER COMPANY concerning the above -captioned project which were received after the established deadline of March 20, 1990, by 5:00 p.m. As in prior occasions, we are, nevertheless, forwarding Said proposals to your office for your review and ultimate determination. IAH/smm Enc. a/s (2) 11 11 PROPOSAL FOR CITY ADMINISTRATION OFFICES JORDAN MARSH BUILDING COMMISSIONER MIRIAM ALONSO 3500 Pan American Drive Miami. Florida 33133 SUBMITTED BY FLORIDA EAST COAST PROPERTIES, INC. Suite 530 444 Brickell Avenue Miami. Florida 33131 Ci' 0 FLORIDA EAST COAST PROPERTIES., INC. POST OFFICE BOX 012949 0 MIAMI, FLORIDA 33101 DOWNTOWN OFFICE - ONE BAYFRONT PLAZA 100 South Biscayne Boulevard Suite 1200 Miami, Florida 33131 Fax:(305) 372-1192 Dear Commissioner Alonso: March 19. 1990 305/358-7710 PLEASE REPLY TO: DOWNTOWN OFFICE Phllllp A- Yana Senior Vice -President (305) 358-0016 On behalf of Florida East Coast Properties. Inc., we are pleased to submit herewith a proposal for the City of Miami to lease up to 195.000 square feet of space in the property located at 1501 Biscayne Boulevard. Miami.. Florida 33132. The property is commonly known as the Jordan Marsh Building, This proposal augments the verbal presentation the undersigned made at the scheduled Public Hearing you chaired on Tuesday. February 27. 1990. 275 N.W. 2nd Street, Miami. Florida at 10:00 A. M. The following proposal is presented in two parts: Part I is devoted to a description of the Building, its location, amenities and supporting infrastucture: Part II outlines the specific economic and business terms to be negotiated and incorporated into a formal Lease Agreement. JUVERGATE PLAZA-444 BRICKELL AVENUE, SUITE 530 MIAMI, FLORIDA 33131 E PART I Ll JORDAN MARSH BUILDING 1501 BISCAYNE BOULEVARD MIAMI. FLORIDA A. INTRODUCTION The following proposal has been structured to meet either the short term or long term needs of the City of Miami. There are a number of areas wherein the Landlord is offering to be flexible in order to accomodate the City to the fullest extent possible. Points within the proposal that are open to negotiation are contemplated to be handled in a fair. equitable and good faith manner. We believe the proposal offers the City of Miami an attractive economic incentive to locate its offices in an accessible central. well located area. The location should accomodate and satisfy the needs of diverse groups of Miami Ci t i zens . The property is located within the boundaries of the Downtown Development Authority and thus satisfies the requirements of the Greater Miami Chamber of Commerce. The location is also the southern boundary of the Northeast ,zection of Miami and should be well received by the residents of that area who have been so demonstrative in their resolve to have their section of the City recognized. As will be discussed later in our proposal. the area clearly meets the needs of our citizens who rely on public transportation. Downtown retailers, businessmen and financial institutions are all well served by the selection of this property. The location will have a direct and positive effect on the bordering neighborhoods of Liberty City. Overtown and Little Haiti. It will provide further impetus to assuring the success of the current Parkwest-Overtown Development. And while any neighborhood will benefit from the City Administration Building being located within its boundaries. the Omni/Venetia area is particularly well suited and poised to realize its potential as a result of this commitment by the City. PAGE TWO JORDAN MARSH BUILDING PART I We look forward to your favorable evaluation of the following proposal and to the ultimate success of the transaction. B. A SHORT HISTORY OF THE OMNI/VENETIA COMPLEX In 1913. at the present site of the Venetia Causeway. John Collins built the first wooden bridge spanning Biscayne Bay and brought Miami Beach into existence. The Miami Women's Club was founded on the Bay just North of the Collins' bridge. Sears opened a landmark store and the Miami Herald made the area its home. Jordan Marsh built its flagship store and flowers blossomed in the traffic circle at 13th and Biscayne Boulevard. It was in this neighborhood. beginning in the early 1960's.that Florida East Coast Properties embarked upon an ambitious. long range plan to revitilize a well preserved. elegant section of Downtown Miami. an area we know today as the "Omni/Venetia AreaO. Over a period of several years. fifty-seven separate parcels of property were assembled into a large tract. The vision was to create an area of total urban living dynamics: an area where one could live. shop. recreate. -work and entertain - in short. an area that would satisfy the total living cycle. The plan began with the design and construction of the 2.1 million square foot Omni International Complex. at that time the largest mixed - use commercial. hotel. dining and entertainment complex in South Florida. The year was 1977 and Omni opened its doors to the City, and the City responded by making the complex one of the most successful mixed -use projects in the Country. By 1980. the second phase of the project was completed - the 35 story Plaza Venetia rental apartment building. The third phase. the 635 room Biscayne Bay Marriott Hotel and Marina was completed by 1984. Finally. by late 1987. the fourth phase. the Venetia Town Residence building was finished. This 2 112 million PAGE THREE JORDAN MARSH BUILDING PART I square foot mega -structure completed the six square block area that would be known as the City within the City". Venetia. with 810 condominiums. 152 hotel rooms (the Hotel Grand Prix). and 100.000 square feet of retail/commercial uses. is the largest condominium building in the State of Florida. and the largest single structure South of Washington. D.C. Future planned developments for the area include the Dade County Performing Arts Complex to the south and a new residential apartment complex to the north. on the site formerly occupied by the Miramar Hotel. The Omni/Venetia leg of the Downtown People Mover is currently being engineered and is on schedule for a 1993 completion. it is within this dynamic urban environment that Florida East Coast Properties offers the City of Miami a location for the City Administration Building. B. THE BUILDING The Jordan Marsh Building has. from the very beginning. been the connerstone to the development of the Omni/Venetia Area. Completed in 1958 as the flagship store of the Jordan Marsh chain. the five -story building contains approximately 500.000 square feet of space on more than 100.000 square feet of land. Florida East Coast Properties is offering the top two levels. floors 4 and 5. to the City. The Building. and these levels in particular. are well suited for the mixed -use proposed. Levels 4 and 5 have distinct and direct access to and from the 2700 car parking garage. It is contemplated that a major architectural statement be created at this point of entry. A total segregation from the retail use on levels 1.2 and 3 will be achieved. A grand gateway entrance to the City offices is contemplated for the fourth level. directly from the dedicated parking areas. PACE FOUR JORDAN MARSH BUILDING PART I At the ground level, on Biscayne Boulevard. an elegant separate lobby with direct non-stop elevator to the office levels will. be designed. The Metromover skybridge will be connected to the Omni at the third level of the Building. Once again. an exclusive separate lobby entrance Will be created. Thus. whether one arrives at the Building by czar. bus or Metromover, the City offices will be served by designated private elevators and clearly marked separate entrances, There will be no chance for casual interaction or access with retailers or shoppers. City employees will enjoy an exclusive working environment. There are literally hundreds of mixed -use buildings located throughout the country. Examples can be found from Coast to Coast. New York's Trump Tower. Chicago's Water Tower Place and San Francisco's Embarcadero Square all are examples of successful mixed -use properties. Indeed. Embarcadero a high profile retail shopping center houses offices of the Federal Government. The Burdines Store on Flagler Street offers a local example. The retail department store occupies the lower floors and Burdines' Executive Offices enjoy the top floors of the Building. Modern architectural theory today encourages the design of mixed -uses within a single structure. It is not unusual for buildings today to have retail. office. hotel and residential components all located on different levels within the same building. Florida East Coast Properties has retained the award winning architectural firm of Spillis, Candella & Partners to redesign the Building so that both the lower retail portions and upper commercial portions will be compatible yet distinct and segregated in their identities. Under the creative direction of Hilario Candela. a dramatic new appearance. pedestrian flow and floor plan efficiency will be born. Renderings and floor plans are now being designed and should be available for the City's review and comment within the immediate future. PAGE FIVE JORDAN MARSH BUILDING PART I D. THE FLOOR PLAN Each of the two floors being proposed contains approximately 95.000 rentable square feet. This offers the City a degree of unparalleled space planning efficiency. Entire departments of the Administration will be able to be grouped together in close physical proximity. The existing high ceiling line creates spatial harmony and is particularly well suited to the modern trend of modular office design through the use of moveable partitions. Department heads will have better management control of their staffs and work flow betwen departments will certainly be more efficient. The public will also benefit from this greater efficiency and the bureaucratic maze that can sometimes be so frustating will become easily manageable. Access to separate but related City Departments will be measured in steps instead of miles. Florida East Coast Properties proposes a total demolition of the existing improvements on the floors. By starting with a "blank" sheet of paper. each department and division will be well thought out and planned to create an environment of efficiency. E. THE TRANSIT INFRASTRUCTURE The City Administration Building should be convenient to all residents of the City. Perhaps no other area is so well served by Mass Transit or more accessible by private transportation. The planned Omni/Venetia leg of the Metromover will have a station and skybridge that connects directly into the Building. Existing bus routes from all directions currently have stops at the Building and a new major bus terminus is planned to service the Omni Metromover Station, further enhancing the public transportation accessibility to the Building. Private transportation will also enjoy the ease of accessing the area. Immediately to the North. the I-951395 interchange touches Biscayne Boulevard at 11th Street and provides a major artery for o • PAGE SIX JORDAN MARSH BUILDING PART I both North -South (I-95) and East-West (836/395) traffic. A short distance to the North. at 36th Street. I-95 and 195/826 offers an alternate expressway approach to the area. Biscayne Boulevard and 2nd Street offer additional major routes of access. With major multiple lane streets and highways intersecting the area. both employees and the public will be benefited in this site selection. F. PARKING Once arriving at the Building. the 2.700 car garage at the Omni Complex provides more than sufficient parking for both employees and visitors alike. And for visitors. the rate of .50 for 3 hours of parking. is substantially below central business district lots and garages. In addition. as will be discussed in greater detail in Part II of this Proposal. the City will have up to 500 parking spaces designated for its sole and exclusive use. G. THE AMENITIES Also to be considered in this site selection are the amenities the location offers to both City employees and visitors to the City offices. The mutual benefit these amenities offer to both employees and local businesses is unparalleled. Located within this major mixed -use development are 1350 first class hotel rooms.165 shops and boutiques. 2 department stores. 10 movie theaters. and 20 restaurants. all just an elevator ride or short walk away. The Complex is also home to the well established •Children's Workshopm. a 7600 square foot pay Care Center with indoor and outdoor recreational facilities. This fully certified Day Care Center has been in this same location for approximately 10 years and offers its services to parents of infants through kindergarten. After school programs are also available. PAGE SEVEN JORDAN MARS14 BUILDING PART I Margaret Pace Park, Biscayne Bay and the 220 slip Marriott Marina offer a wonderful location for a lunch time picnic or after work stroll. A short trolley ride away and the excitment of Bayside, Bayfront and Bicentennial Park open their vistas. And should one choose to walk. the new Roberto Burle-Marx Sidewalk with its colored pavers and extensive landscapping. will make the stroll even more enjoyable. The retail core of F1 agl er Street will also benefit by this North Downtown location as will all of the Central Business District. The New Performing Arts Complex. Gusman Hall and the Miami Arena are all easily and conveniently located a short distance from the site. In short, the area offers what its planners envisioned - a dynamic nucleus that will benefit the entire metropolitan community. In the following Part II. the specific economic and business terms will be discussed. PAGE EIGHT JORDAN MARSH BUILDING PART II PART 11 The following proposal is intended to outline the general parameters and economic terms to be negotiated and incorporated into a formal Lease Agreement between FLORIDA EAST COAST PROPERTIES. INC.. ('Landlord") and THE CITY OF MIAMI ("Tenant"): BUILDING: 1501 Biscayne Boulevard Miami. Florida 33132 Commonly known as the "Jordan Marsh Building" DEMISED PREMISES: Floors Four (4) and Five (5) of the Building. Landlord will make available all or such part of said floors as is mutually agreeable between the Parties. Maximum rentable square footage is approximately 190.000; 95.000 rentable square feet per floor. LEASE TERM: The Lease Term is flexible and open to negotiation. Minimum term. (subject to earlier cancellation by payment of a "Cancellation FeeO as set forth below). would be Ten (10) years. OPTIONS: Landlord will grant Tenant options to extend the Lease by terms of Five (5) years per option by giving Landlord at least Eighteen (18) months written notice prior to the expiration of the then current term. The number of .five year option terms and the minimum rent payable during such option term is open to negotiation. CANCELLATION RIGHT: Tenant shall have the right to cancel the Lease prior to the expiration of the term by giving Landlord at least Eighteen (18) months prior written notice of Tenants intention to cancel and the payment of a "Cancellation Fee" (hereinafter defined). �m PAGE NINE JORDAN MARSH BUILDING PART II CANCELLATION FEE: In the event Tenant elects to cancel the Lease pursuant to the Cancellation Right. Tenant shall pay to Landlord a Cancellation Fee based on the unamortized value of Landlord's "Tenant Improvement Allowance" (hereinafter defined) and such other direct costs Landlord incurred in readying Tenants premises for occupancy. Such 'other costs" shall be defined, mutually agreed to by the Parties and incorporated into the formal Lease Agreement. OPTION TO PURCHASE: Tenant shall be granted the Option to Purchase either: (1) the Buildings or (2) Tenant's Deinised Premises. In the event Tenant elects to purchase its Demised Premises only, Landlord would. prior to sale and at Landlord's sole cost and expense. convert the Building to a commercial condominium pursuant to the then current laws of the State of Florida governing same. The timing and terms of such Purchase Option are open to negotiation. LEASE COMMENCEMENT DATE: Landlord shall allow Tenant the opportunity to stagger the occupancy of the Premises and commencement date of the total premises demised within a defined time frame. RENTAL RATES: Two options are presented to Tenant: OPTION I. Lease Years 1-5: Eight and per square foot per annum Lease Years 6-10: Nine and per square foot per annum No/100 Dollars ($8.00) 75/100 Dollars ($9.75) The above rates are net of telephone. electric. parking and real estate taxes. a PAGE TEN JORDAN MARSH BUILDING PART II OPTION 11 Ll Lease Years 1-5: Eleven and 00/100 Dollars ($11.00) per square foot per annum Lease Years 6-10: Thirteen and 501100 Dollars ($13.50) per square foot per annum The above rates are net of telephone and real estate taxes but include electric and parking for up to 500 cars. UTILITIES. JANITORIAL SERVICES: Except as set forth above all other utility service (water, sewage. garbage removal) shall be provided by Landlord. Landlord shall further provide daily janitorial service comparable to first class office buildings in the Downtown Miami Area. OPERATING EXPENSES: There shall be no operating expense pass-throughs to the Tenant. BASE BUILDING WORK: Landlcrd. at its sole cost and expense will design and remodel the Building so as to clearly segregate the lower retail portions of the Building from the upper commercial (office) portions. All such plans shall be subject to the final reasonable approval of the Tenant and shall include but not be limited to the creation of segregated entrance lobbies. dedicated vertical transportation systems (elevators and escalators): extraordinary fenestration of exterior walls: creation of meaningful and direct entrances(s) from the parking garage into the Demised Premises: clearly marked and easily accessible entrance(s) from mass transit stops. both surface (buses) and elevated (metromover) systems. and such other base Building Work as is necessary and desireable in order to create a modern and distinct segregation of the mixed -uses contemplated by this proposal. PAGE ELEVEN JORDAN MARSH BUILDING PART II TENANT IMPROVEMENT ALLOWANCE: In addition to the Base Building Work. Landlord will grant Tenant an Allowance of up to One Million -Five Hundred Thousand and No/100 Dollars ($1.500.000) to be applied to the cost of designing and constructing the interior of the Demised Premises to the particular needs and specifications of the Tenant. All such designs and plans shall be subject to the reasonable approval of Landlord. SIGNAGE: Tenant shall have the right to erect interior and exterior signage in such numbers.sizes. and locations as shall be mutually agreed to between t•he Parties and in such a design or designs as to clearly and definitively delineate the Building as the location of Tenants offices separate and apart from other uses of the Building. and to create a clear and separate identity of the tenant within the Complex. Major signage at all points of entry shall be created. PARKING: Landlord will arrange with the operator of the parking garage to have up to 500 parking spaces specifically reserved for Tenant. There are approximately a total of 2.700 parking spaces in the Omni Garage. Visitor parking rates are currently .50 for three (3) hours of parking. Under Option II of the Rental Rate Section. the cost of these spaces will be amortized into the base rent. There will therefore be no separate charge for employee parking. New graphics shall be installed throughout the garage to clearly and easily direct employees and visitors to the Demised Premises. REPAIRS. MAINTENANCE: Landlord shall maintain and keep in good repair the roof. exterior walls and structural elements of the Premises: Tenant shall maintain and repair the remainder of the Demised Premises. INSURANCE: Tenant shall maintain public liability and property damage PAGE TWELVE JORDAN MARSH BUILDING PART II insurance covering the Demised Premises. and fire and casualty insurance on Tenants. furniture. fixtures. equipment. personal property, leasehold improvements and betterments. SUMMARY The Jordan, Marsh Building offers the City of Miami a strategic location for its Administrative facilities. Its geographic position, accessibility to mass transit. well developed surface infrastructure. efficient floor plans, abundant parking and convenience to shopping. recreation and cultural 'facilities all contribute in making this site unique. Combined with the economic and business terms hereinabove discussed in Part II of this proposal the City is offered an opportunity to create a modern. safe environment at an incredible value. with multi -million dollar savings over current office commitments. THE SPEIZER COMPANY COMMERCIAL REAUMRS March 22, 1990 The Honorable Miriam Alonso Miami City Commissioner City Hall 3500 Pan American Drive Miami, Florida 33133 Dear Commissioner Alonso: L" On behalf of the owners of the Miami D & D Centre, a modern office complex with retail space located at the four corners of N.E. 39th Street and N.E. 2nd Avenue, I would like to submit this property to you for consideration for. the City of Miami Adminis- tration offices. This property has up to 175,000 square feet of space with considerably more space available in the immediate vicinity if required. The D & D complex consists of four buildings, three of which are two story and one a four story building, plus under- cover parking, 24 hour security, restaurant at ground level, a covered connecting bridge, and large open atriums highlighted by fountains, skylights and decorative accents. The property has outstanding access and visibility being within 2 blocks of Biscayne Blvd. (U.S. 1) and I-195 with direct access to I-95. The area is a few minutes driving time to downtown Miami, Miami Beach and Miami International Airport. As you are probably aware, the design district has suffered severe economic decline as many of the -traditional furnishings and design trades have left the area to relocate primarily to Dania, Florida. Except for the recent acquisition of a property by the Dade County School Board for a magnet school in the District, no significant replacement for the departed design trades has taken place leaving the area with massive vacancies, declining property values and a reduced tax base. Locating the City offices here would both aid this area as well as offer attractive savings for the City. _ MAR 2 6 15S.13 9100 SOUTH DADELAND BOULEVARD. SUITE 1102. MIAMI• FLORIDA 33156 / (3051 663.1631 11 • The Honorable Miriam Alonso March 22, 1990 Page 2 Since the D & D property is strategically located within the heart of the Design District, is modern and attractive with excellent visibility, access and close proximity to downtown, the airport and other parts of Dade County, I respectfully request you please consider this property for the City of Miami Administration offices. Ms. Olga Melin, Executive Director of the Miami Design District, will be contacting you regarding this property and the area for the City's Administration building. Sinc rely yours, Har Speizer President HS/meg cc: Olga Melin David Melin Tom Maxey a dr LIST OF PROPOSALS SUBMITTED IN CONNECTION WITH TUR rROPOSED NEW ADMINISTRATION BUILDING FOR THE CITY OF MIAMI: Subbitted—at_the_public_hearin�_of_February_26z_i990_ (1) Lot bounded by Biscayne Boulevard, 22nd and 23rd Streets, N.E. 2nd Avenue (available for construction) Submitted _at_the_public_hearineL_of_Februa y_27L_199O_ (1) One Bayfront Plaza Building (on Biscayne and 3rd Avenue) (2) Jordan Marsh Building at OM14I Submitted at the public_hearinl_of_March_1_L_1990_ (1) Alfred Dupont Building (at 169 E. Flagler) (2) Lot on West Flagler and 2nd Avenue (available for construction) (3) 56 S.W. 1 Street Building (next to City Garage No. 2) (4) Freedom Tower Building (on Biscayne Boulevard) Proposals —received after deadline was extended from March 6 to March-20z-1990a (1) AAA Building, 4300 Biscayne Boulevard (2) Lot on West Flagler and 2nd Avenue (available for construction) (3) 4400 Biscayne Boulevard RID SECURITY LIST POP ITEM: Neva Adm nis-L. ation Buildin_ DID NO: RFP requested by Commissioner Alonso VATE ®IDS REMIVED: March 20 1990 at 5:00 p.m. BIDDER Caldwell Banker Commercial/ Li TOTAL DID AIkAt)l,M for AAA Building I DID BOND (or) "Al E` CASHIER'S COCK Jack Seitlin & J.P. Bared for construction at 2nd Avb. and W. Flagler 5 Concerned Citizens of North for 4400 Biscayne Boulevard (Pet sog FF� n receivin received ( 3 ) envelopes on behalf of ity Department Received the hereinabove described h on (date) of in connection with the herinabove cited bids, which were sentto Treasury Mana ement b for appropriate posting. g �� ` y the City Clerk SICNED: 7( F^ asury Management DATE: _ 41 NOTICE OF EXTENSION OF DEADLINE, FOR. SUBMISSION OF PROPOSALS FOR NEW ADMTNISTRATION BUII..DING This notice extends a previously set deadline for submission of proposals in connection with the proposed new administration building from March 6, 199 ,$,,omarc20.>rQJ Commissioner Miriam Alonso, who was appointed y the City Commission as a Committee of One in connection with this project, will consider all submitted proposals regarding the City Administration Building Project prior to making a recommendation to the Miami City Commission. All interested parties are invited to for the record, to the Office of American Drive, Miami, Florida 33133, March �'S, 1990 (CITY SEAL) (6869) submit a written proposal the City Clerk, 35000 Pan no later than :00 p.on � Matty Hirai City Clerk Miami, Florida a e CITY OF MIANA!, F(_OR:)A INTER -OFFICE MEMORANDUM THE HONORABLE TO COMMISSIONER MIRIAM ALONSO FRONE MALTY HIRAI City Clerk DATE March 21, 1990 FILE SUBJECT Deadline for receipt of RFP concerning the New Administration Building REFERENCES: ENCLOSURES Attached hereto please find a proposal received from THE C.B. SUMMER COMPANY concerning the above -captioned project which was received after the established deadline of March 20, 1990, by 5:00 P.M. As in prior occasions, we are, nevertheless, forwarding said proposal to your office for your review and ultimate determination. MH/smm Enc. a/s GATEWAY LOCNf TON Just a few miles north of Downtown Miami lies one of the city's best kept secrets. It's the prestigious Bis- cayne BoulevardfBay Point area. And located in the midst of this area, on its six lane landscaped roadway, is the highly visible AAA Building. Rarelv does a 40,000 square foot building and its loca- tion combine to offer such visibility• and convenience. Downtown Access Without Downtown Excess Avoid daily traffic hassles associated with most major downtown areas. Instead, take a leisurely drive south on Biscayne Boulevard, enjoying the palm tree lined view, and in minutes you are at the OMNI Hotel and Mall with dozens of retail shops (including Mass Brothers/Jordan Marsh and Penney's). Around the corner you'll find the Venetia apartments and con- dominiums, a deluxe Marriott Hotel, marinas, the Miami Herald Building and a proposed site for the Dade County Performing Arts Center and Symphony Hall. Travel another half dozen blocks south and you are at the Port of Miami, the busiest cruise port in the world. Right next to it is Bayside Marketplace, a waterfront mall and marina and home to several of Miami's finest restaurants. Just across the street from Bayside, you're in the heart of Downtown Miami with its world class financial dis- trict and nearby government center. Expressway Convenience The AAA Building is also just seven blocks from In- terstate-195, where you'll connect with other major ex- pressways (I-95 & 112) to get to the Miami International Airport, Miami Beach (including Mount Sinai Medical Center and the Convention Center), the University of nami/Jackson Memorial Hospital, Cedars of Leba- non Hospital and the Bascom Palmer Lye Institute. And you'll arrive at all these places within minutes. This same expressway system is also your key to easy travel to all points of Dade, Broward and Palm Beach Counties. IDEALLY SUITED FOR: • BANK OR SAVINGS & LOAN • INSURANCE COMPANY • BROKERAGE FIRM • HMO/HEALTH CARE FACILITY • CRUISE LINE, COMPANY • RADIO STATION • PROFESSIONAL ORGANIZATION THE BUILDING RATES "AAS' The AAA Building is the perfect picture of what south Florida is all about. The mature, lush landscaping sur- rounding the building creates a truly pleasant, tropical environment. In front, its two lane private driveway makes drop-offs and pick-ups a snap. And, its large adjacent street level parking lot will be appreciated by your employees and customers with its easy and convenient access. There's even a covered drive -through window on the north side suitable for any number of purposes. And around back you'll find a loading dock and separate driveway for deliveries. Inside, the four story interior design allows for large open work areas with plenty of room for private offices. Serviced by two elevators in an offset alcove, each floor also boasts modern, large restroom facilities. There's even a first floor computer center with a raised floor and separate air conditioning. THE AAA BUILDING 4300 Biscayne Boulevard Miami, Florida EXECUTIVE SUMMARY PROPERTY An existing four story building with 43,881-±- gross square DESCRIPTION: feet and 39,321 ± rentable square feet. See Reverse Side For Additional Information. LAND AREA: 79,640 ±- square feet (1.83 acres) PARKING: 128 spaces, with gated fence in back. Additional spaces may be available through arrangements with owners of contiguous properties. ZONING: CR-2 Commercial -Residential (City of Miami) YEAR BUILT: 1970 REAL ESTATE $87,605.57 (1989) TAXES: SALE PRICE: $3,300,000.00 PRICE PER GROSS $75.20 SQUARE FOOT: SALE TERMS: All Cash LEASE TERM: 5 Years (Minimum) LEASE BASIS: Exclusive of all Operating Expenses RENTAL RATE: $9.00 to $12.00 per square foot per year depending upon amount of space leased. PROPEWIN DESCRIPTION (C,ontinmed) In front of the building is a two lane driveway, on the north side. In the back of the building The building is served by two elevators in an large restroom facilities. with access to a covered drive -through windoxv is a truck loading well with separate driveway. offset alcove. Each floor also contains modern, The ground floor, consisting of 11,335 ± square feet, is a poured concrete slab, with concrete block walls. There is a mechanical room (including emergency diesel generator), storage, em- ployee lunch room, lounge and supple areas. W'indows along the perimeters at ceiling level allow abundant natural lighting. The first, second and third floors, consisting of a total of 32,546 -± square feet, are concrete: "waffle" construction with exterior walls of poured concrete panels alternating with fixed floor -to - ceiling windows. The first floor ceiling is high and open creating an attractive central reception and work area. On the northern side of the first floor is a large dedicated computer room with raised floor. The second and third floors allow fin• large open work areas with plenty of room for private offices. Suspended ceilings have been added to portions of the upper floors. AREA OVERVIEW The Bay Point/OAiNI area of Biscayne Boulevard is bounded on the cast by Biscayne Bay, on the west by 1-95, on the north by NE 54th Street and on the south by 1-395, also known as the MacArthur Causeway. Lying above the Central Business District, this area contains major developments of residential, retail and office properties. 'Traveling south from the building you're minutes from the OMNI Hotel and Mall with dozens of retail shops including Maas Brothers/Jordan Marsh and JC Penney's), the Venetia apartments and condominiums, a deluxe n'Marriot Hotel, marinas, the 1l1iami Herald Building and a proposed site for the Dade County performing Arts Center and Symphony Hall. Travel another half dozen blocks south and you're at the Port of Aiiami/Bayside Marketplace area (a waterfront mall and marina). Just across the street from Bayside and you're in the heart of Downtown Miami. The building is just seven blocks from 1-195, also known as the Julia Tuttle Causeway, a major east -west expressway connecting NIiami Beach with 1-95. These expressways put you just minutes from Miami International Airport and Miami Beach (including Mount Sinai Aledical Center and the Convention Center), the University of Aiiami/Jackson Memorial Hospital., Cedars of Lebanon Hospital and the Bascom Palmer Eye Institute. These same expressway systems also provide easy access to all points of Dade, BroNvard and Palm Beach Counties. The residential neighborhoods to the east and west of the building are fully developed. Bay Point to the east was built in the late 1930's to inid-1960's with waterfront luxury homes selling in the range of $200,000 to $550,000. Lill (e Building Site Plan I i �� I I i � G I I I I. d I I �� I d I �� � I � I .. ,� ,�� � � � i ��. � i � �. � � � i � flTac � 1���`�•` „I i �ua�..-.� � III 111111,i'�'ll" IIi,IU'llll II�IPI li II�II II' Il„II � :.,� f wi � � ill i � u!'ll II h 91iIT ',I t�,�� I IIII� ���nli". 4' y _ I I ` I I � i I -1 , ' � _ ( I �f�!ti✓ lit � t �r1`i�� (!f� ; i I I I I! I I I , I I I i ! I i ' — -- — ! j I . Imo, I Ric aril —_ I _ �a si t— O F6ItT �amonte tats_I ---?--- i I EP Ir4FO TI N CONTACT I A.S. H 1tm n _ itvs nas ° ' St -- -- I 11 i I Robert . Li tie j en S eialist ''_-._-- - �� L L_ �. —----�-_-- I -- - i _ i j 1801 i I j ---- — -- I i ntor auun �untaln«1 1'rlr�f\�elhaI��C -_- rickell A O NI { DI LI uthta 30a 33�4-1000 _ �enu o S ue l 01 sMiaaiifi, F�. 33131-2900 ERA I A L j2EA ESTATE $ERV �CES ' 'IS1 , N Of CO( DW LL' ANKER _ - � -rite- , � ENS - D R AL �ST�TE B� OK: R rty undluiIr��iltilit pi>�wacc tt�tc�. hpiopedo n - friu�'ottie — - - - I i uuur��s that �k%c de _ - - _ _._-' 1 j —�-- I I ; I i ` r PROPOSAL: NEW CITY OF MIAMI ADMINISTRATION BUILDING March 19, 1990 Commissioner Dr. Miriam Alonso City of Miami 3500 Pan American Drive Miami, Florida 33133 Re: New City of Miami - Administration Building Dear Commissioner Dr. Alonso: In answer to your advertised request for proposal for the referenced project, we hereby respectfully submit ours. We will construct a brand new 150,000 square foot Administration Building at Second Avenue and West Flagler Street. This is in land that we presently own on the south side of Flagler on the east side of I-95 and across Flagler from the Government Center. Plans are ready for the new building but they can be modified so as to meet the City's specific requirements and you will own the building at the end of 20 years. We "the developers will provide the following': a) A new 150,000 square foot building _ b) Plans are existing and ready for permits but will be modified, if so desired, to meet your - specific requirements. c) Building will be constructed on land that we presently own at West Flagler & Second Avenue. d) Easily identifiable address at Flagler an I- 95 and across from Metro Mover Station. e) Clear view of building from I-95 f) A Turn Key facility with the latest in construction technology and for the exclusive use of the City. g) Extensive adjacent parking in addition to the 400 identified by the City under I-95 and at the government center. If desired, we can provide a parking garage on contiguous land -_ but it is not part of this proposal at this time. h) Building will be connected to County Central energy plant (in accordance with the City energy management recommendations commitments). i) occupancy 20 month from signing of lease by the City. j) Tenant improvements are included at $20 per square foot for finishing up the spaces as per your specific needs, k) A year to year lease with no increases for 20 years. 1) An option to buy building at the end of 20 years for $1. This City's obligations will be as follows: a) A 20 year triple net lease will be signed by the City; at the end of the lease, the City has the right to purchase the building for $1. b) Lease may contain annual non —appropriation cancellation provision (i.e. City may cancel at each anniversary for lack of appropriation). c) Entire building (95% or more) must be leased to and occupied by the City. d) Lease payments will be based on prime interest rate on the date of the lease and will not change (i.e. will remain the same for 20 years). If today was the date of the lease payments for it would be at $200,000/month for 20 years or $16/square foot We are prepared to enter into final negotiations immediately. Very truly your , J J. P. Bared ack Seitlin r i i A DDE, NDA : Construction can begin in a short period of time with completion in 20 months or less. The following items are enhancements to this location for you to consider: 1) Flagler Street location is immediately adjacent to the Government Center. 2) Close proximity to the present Hickman Building (approximately 600 ft.) 3) Close proximity to the Dade County Administration Building (approximately 500 ft.) and adjacent to the County's 144 West Flagler building. One block to the Dade County Courthouse. 4) Close proximity to the downtown Metro and People. Mover station (approximately 900 ft.) 5) Directly opposite the central support facilities co —generation utility plant. This will allow low economical utilities cost for electricity and for chilled water for air conditioning. 6) Low cost public parking for over 4,000 cars immediately adjacent to building and within a two block radius. 7) Excellent vehicular access from all directions. 8) Close to Flagler Street bus stops. Very truly yours,; J. P. Bared \ a, k Seitlin 0 March 20, 1990 • -- Commissioner Miriam Al.onso City of Miami Miami, Florida Re: Request Administration Building Proposal. Honorable Commissioner Alonso: Please consider the Building at 4400 Biscayne Boulevard as one of the locations where to place the City's Adminstration headquarters. The Northeast area will be forever thankful to you if our leaders show they care about this part of town. Copies of previous proposals made to the City regarding the 4400 Biscayne Boulevard site are attached. Thank you for your atteniton. Concerned citizens of North Bast Miami. HAND -DELIVERY Mr. Herb Bailey Assistant City Manager City of Miami 3500 Pan American Drive: t•liami, Florida 33137 Dear Mr. Bailey: INIANAGEMINT DIN15100 I-, t . I11NO C OPr, 4,100 FSISCAY14F POM EW�� M WAN11, FLONIDA 331 i1 01051 516810() April 21, 1989 Fee: 4400 Biscayne Soulev7rd t•liarni, Fl.ori:da Thank you for your .interest in the 4400 Building as a proposed location for certain City administrative personnel. As I assume you are already aware, as set forth on the attached fact sheet, this 14 story Building consists of 150,635 sq. ft. plus a five story parking garage. Wo are prepared to lease the entire building to the City of t•;ianii on a net, net,net basis for a period of 20 years commencing July 1, 1969, on the terms set forth on the annexed schedule. lie have be::�n asked to consider granting the City certain purchase options. Although our preference is to lease rather than sell, we are agreeable to give the City three purchase options as set forth on the annexed schedule, AJdi.tionally, we offer the following alternative lease proposal; rather than leasing the entire build.iny. The first floor !ground flcvr? of 14,208 sq. ft., would be riatained by us and the lease to the City would be for 136,427 sq. ft., with a corresponding rent and allowance to Tenant reduction. This alternative may be preferable to those Commissioners who wish to retain their offices and Commission Clhambers at "Dinner Key". The area on the ground floor, designated for a day care center, would be made available for lease, by us directly, to an "approved" day care facility operator. We believe the £vregoing proposals should satisfy all of the Ccrrmissioners I concerns regarding the economic terms of the lease and options to purchase. If you have any further questions please do not hesitate to contact me. Sincerely, s Allen R. Linker Mice President: cc: Xavier L. Suarez, Mayor Victor H. De Yurre, Vice Mayor Miller J. Dawkins, Conunissioner. Rosario Kennedy, Commissioner J.L. Plummer, Jr., Conunissi.oner Cesar H. Cdi.o, City Manager f11�i��1dl,t`.iF•.h1�N`)'" 1.3�V1�1(7i*� � )',i=. I1.]!'Jf__ LEASE k't2OPOSAJ., - CITY Or M1AMJ 1. Lease Commencement 7LI/t?9 2. 20 Year Term 3 . -base Rent _(Frep ParhiLi2j. Period Year 1. 1909 (� yr.) 2 1990 3 1991 4 1992 5 1993 6-20 1994-2009 0 Base Bent: Pew sci:Ft _. Annual -0- $ -0- -0- -0- -0 - -0- 10.00 1,500,000 10.00 1/5000000 ia.50 2,775,000 per annum + CPI increase commenci Year 6, not less than .50/£t. incr yearly. 4. tlet Lease - 'iomint: responstbl.e for all taxes, utilities, insurance, repairs, maintenance, management and all other expenses 5. Allowance - $10. 00 per Sq. Ft. or $1, 500 , 000 to Tenant by Landlord upon commencement for: (a) Commins.lon Meeting Chambers - Lobby Level adjacent to Visitor Parking (b) Heliport Pad, bighting, Landscaping •- Southeast: Garage hoof (c:) Day Care Center area - Lobby Level Rear (d) Wier Tenant Improvements - Panel System, etc. (e) Recreational, area (basketball court) 6. Purchase v�tiytts- Tenant: shall have the option to purchase the - property at: Fair Market value (based on appraisal and subject to lease) on the £ollowin( three separate purchase option dates: January 1990 January 1991 January 1994 NIA WT DIVIS)ON m F.F. RIND 1-1ACT 4 400 Biscayne Soulev,nrd ( E)ighwly U.S. 4 1 ) Miami, Florida 33137 2. Bt!3LDING STRUCTURE & EQUIPPiENT A 14-story huitlding constructed on approximately 1.63 acres of land. The first floor contains the lobby, employee dining facility, conger training room as well as mechanical/utility rooms. Floors two, thrt and four are part of the integrated parking complex. Floor five thr eleven contain open office work space and offices for managers. Fic twelve contains 7 1,%Ige guest wjitiliq 11rea, a small executive dining room , open office work space and manager offices. Floors fourteen and fifteen contain executive offices and a board room. The main four (4) elevators run to the 12th floor. A sinalc elevato conveys passengers from the 12th floor to floors 14 and 15. Ai.rconditioning is supplied to the tat. floor and all office floors. A sophisticated security system is installed in the building. There approximately. 150,000 gross rentable square feet and enclosed parkin to accomodate 500 cars (approx.). 3. HISTORY Estimated 6,000,000 1c�asehold improvements by original tenant, Fey Pharmaceutical .Inc., who occupied t:lie building for nine months prior to moving their operations to Madison, New Jersey corporate head- quarters, Scheting-l.'lough, as the resc:lt of corporate takeover. 1. ARCHITECT Hellmuth, Obata & Kassabnuin, P.A. , Washiirgton, D.C. Recognized by the City of Miami Committee on Beautification and Environment for "Award Winning" Design, S. LEASABLE AREA Floor ,Rental Sq. Ft. - +15 w9,3bA 14 10,027 12 12,002 11 14,890 10 14,890 = 9 14,890 8 14,890 7 14,890 6 14,890 5 14,890 -= CAR. 14,208 TOTAL 150,635 The method of computing rentable square foot: is as follows: The gross square foot: on each floor is multiplied by 1.0969 - the .091 represents the 13,570 square foot on common area, groun;l floor space for lobby, security, engineers' room and equipment maintenance area, etc. 010t including parking area) . ATTORNEYS AT LAW ?At�'.i='T Tn\'1'FC A1aACE__^.n w •, E ., sooa'i 701 BR)CKFt-l_ AVFrvUF RA�SSftS MIAMI. FLORIDA 33131 aA" S •:l OE :a-ERo C ..E LJS a ACS TELEX +ONE .305) '89 8900 Air aCM `.bo Ao lE C.O.ZAS CABLE ABOir,C)OMIA TELEr 592386 sakO.EGO FACS;M'LE 1?05) 789-8953 SaN to.NC sCO Safi Ca` an 6ENt�A S.O NE• June 1, 1989 .�aRE2 TI�V.Nw �CNCCN �C.•O l-S aNGtIES TO tiDN'O ..00.0 VatENC+a OC lIEeSO uI+Nt .uaC e. NE>t+CO C.T• PEDRO A. MARTIN 4305E lea-8903 Mr. Cesar Odio City Manager City of Miami 3500 Pan American Drive Miami, Florida 33137 Re: Proposed Lease and Option to Purchase (the "Lease") between F.F. Fund Corp. ("Landlord") and the City of Miami ("Tenant") of an office building located at 4400 Biscayne Boulevard, Miami, Florida Dear Mr. Odio: We represent the Landlord and its representative, Mr. William Kadish, in connection with the proposed Lease. The Landlord has authorized me to make the following proposal to you which modifies and supersedes the Landlord's original offer of April 21, 1989 and the modifications made at the meeting held at your office on Thursday, May 18, 1989 as follows: 1. Property - The entire office building and parking structure facilities located at 4400 Biscayne Blvd., Miami, Florida. 2. Term - 25 Years 3. Lease Q.mencement - July 1, 1989 BA1F FR 811�{ E1 Fti71F Mr. Cesar. Odio June 1, 1989 Page 2 413" R n (Free Parking) During the first four years of the lease term, commencing on July 1, 1989 and terminating on June 30, 1993, the Tenant shall pay no rent. During the succeeding one and one half years, commencing on July 1, 1993 and terminating on December 31, 1994, the rent shall be one million five hundred thousand and no/100 dollars ($1,500,000.00) per annum (payable monthly in advance), meaning that total rent payments during the aforesaid period shall be two million two hundred fifty thousand and no/100 dollars ($2,250,000.00). During the remainder of the lease term, commencing on January 11 1995 and terminating on June 30, 2014, the base rent shall be two million seven hundred seventy five thousand and no/100 dollars ($2,775,000.00) per annum (payable monthly in advance). Commencing on January 1, 1996, the monthly rent payments may increase based on any CPI increase, utilizing 1995 as the base year for determining the initial increase. The maximum rent increase in any one year of the lease term due to an increase in the CPI shall be two and three fourths percent (2 3/4%). 5. Net lease - Throughout the term of the lease, the Tenant shall be responsible for all taxes, utilities, insurance, repairs, maintenance, management and all other operating expenses. T3..NKVR & M'AiENZIT: 0 Mr. Cesar Olio June 1, 1989 Page 3 6. Purchase option - Tenant shall have an option to purchase the property (non assignable) by giving Landlord notice at least 180 days before closing based on the following terms: a) Purchase Price $17,750,000 - Landlord shall be entitled to interest at fifty percent (50%) of the Prevailing Citibank New York, New York Prime Rate (not Lo exceed five and three fourths percent (5 3r9$) per annum) on the aforesaid Purchase Price from the lease commencement date to Purchase closing date. b) Closina Date On or before January 15, 1991 c) Ti Good, marketable and insurable title, subject to restrictions, limitations, reservations, conditions and easements of record; easements for public utilities and applicable zoning regulations. 7. Gromnd F1or Landlord offers the following alternative lease proposal which may be exercised at the option of the Tenant prior to the lease commencement date. Rather than leasing the entire building, the ground floor would be retained by the Landlord and the Lease to the City would contain a corresponding proportionate rent reduction. We believe that the lease terms and the option price are fair and reasonable and are in the best interest of the City of Miami. In the next few days I will be providing you with a formal lease agreement and a report from the accounting firm of BDO Seidman, discussing the economic analysis of our lease proposal versus the construction of a building at the Government 11 13AKF-R & MW'KEN71F M;.. Cesar Odi.o .Tune 1., 1989 Page 4 Center by the City of Miami. BDQ Seidman is a very reputable and internationally known accounting firm. Their analysis indicates that under the proposed lease terms, it is better and more cost effective for the City to lease the 4400 Biscayne Blvd. building than to construct its, own building at the Government Center. In addition, a copy of a current appraisal, prepared by an "MAI" appraiser, J.A. MacCurdy & Assoc., Inc., will be given to you which contains a current minimum market value for the building of $25,000,000. Without considering a lease to the City of Miami, the purchase price option afforded to the City is an extremely fair and reasonable price compared to the current appraisal of the property. As you know, this is an excellent building which is risk -free in that, the City can move into the building and take possession immediately without the cost overruns and delays associated with building a new building such as the one proposed at the Government Center. It will also serve the purpose of consolidating City offices on an expedited basis. Moreover, a decision by the City to move into the 4400 Biscayne Blvd. building should have a tremendous positive effect in the surrounding community. For all of the above reasons, we believe that it is in the best interest of the City of Miami and the citizens of the City of Miami to enter into the foregoing lease with an option to purchase with the owners of the 4400 Biscayne Blvd. building. The proposed terms of the Lease and option outlined above are not intended to be binding on either party until a formal Lease and option agreement is approved by the City of Miami Commission. If you have any questions in connection with the above, please do not hesitate to contact me. Very" ly Yours, PEDRO A. MARTIN MAF/871 cc: Han. Xavier L. Suarez, Mayor Hon. Victor H. De Yurre, Vice Mayor Hon. Miller J. Dawkins, Commissioner Hon. Rosario Kennedy, Commissioner Hon. J. L. Plummer, Jr., Commissioner THESE PROPOSALS FOR A NEW CITY OF MIAMI ADMINISTRATION BUILDING WERE SUBMITTED INTO THE CITY CLERK'S OFFICE BY COMMISSIONER ALONSO'S STAFF ON FRIDAY, MARCH 2, 1990. dift qW Cushman & Wakefield of Florid , inc. Licensed iR.eal F,,;Pre Rraker-s SOO F1rickell Avenue, St.tite 1200 Miami, FT. 33131 (305)371-4411 Nardi 1, 199Q 1 _ %•• i r•,� �:�,�� 1 Il ri=(r -t,: 11 fi The Hmvnable Miriam Alonso Ommissioner of The City of Miand 3500 Pan American Drive Ooconut Galva, FL 33133 RE: Office lease Proposal for Office Space in the Freedom Zbr,raer 0f fice Bui.lclin Mi8mi1 orida Dear c3mmissioner Alonso: We appreciate your interest in the Freedom Tower office building to aaoa=adate the office requirements of The City of Miami (hereinafter referred to as the Ci . Rent to , outlined below are the terms and oc�ditions ty") your xeequest ,which we would propose to the City for a lease in the Freedom drawer office bui ldirag: M�G NW_ AND ADI .S� Freedom Tower, 600 Biscayne Blvd., Miami, Florida, 33131 PIOUSE5: The s (2nd) through the fifteenth (15th) floors in their entirety, csotrprising approxi- mately 50,000 net rentable square feet. The precise square footage and configuration of the premises will be dependent upm a determination of the City,s requirement. A %;enty (20) year lease Ja:mary- 1, 1991 3A,' E RF3�i7'AL: The annual base rental for the premises shall be $15.00 per net rentable square foot, triple net. rIMSE, RATE 'This proposal is based an the concept that the City will pay for its pro-rata share of the tottal operating costs of the project (including, but not limited to, utilities, management fees and the like) and their pro-rata shave of real estate taxes. in order to acoas>plish this, a perverri; allocation is established. For the purposes of this lease, the pe_roentage alloca- tion to the City for operating e-xpenses and real estate taxes will be ninety percent (90%) of the total operating costs and real estate takes far the building. No warranty w representation, express or implied Is made as to the accuracy of the information contained herein, and same is sut xubn to errors. omissions. change d price, rental or other conditions, withdrawal without notice, and to any special Wing conditions, imposed t rirK q 's I Aloft Cim;hmsm & Wakefield of Florids, Inc. Crowd --sic TP-r Miriam Alonso Ma=h 1, 1990 Page 2 v SEEZWL W—CRWASYS1 Base rental paw gall irx- ease wmual.ly in accordance with the annual in=vase in the Con- sumer Price Index (CPI), all cities, Miami., Florida. �A Lwrllord will provide the City with Ueenty--five (25) cowered parking spaces and twenty -Bide (25) u covered parking spaces at no additional charge. TO PRIIMISN: Landlord will provide the City with the above -referenced. premises in an ",as is" condition and in addition will provide Tenant with a cash allowance of $20.00 per rentable square foot to be used solely for the irprcrvements to be made to the City's premises. of this allowance, no more than ten percent (10%) may be utilized for soft costs relating to the construction of the City's pi+e-- mises, i.e. space planning, interior design, con- struction doc wwnts and permit fees. The City will be responsible for the construction of the City's premises and will utilize a ccontractor reasonably acceptable to landlord. Mie lease will provide for a reasonable amount of time for the preparation of plans and the construction of the City's space after which there will be a date certain for a lease oomnenoement. This prgx)sal ecntemplates a lease cotwencement of January 1, 1991. LEASE BASIS: Triple Net (as defined in the building standard lease) . SBCURIW DEPOS A security deposit in an amount ally satisfac- tory to both parties will be required upon lease execution. OPTION ?!a RENINW: Landlord is prepared to discuss options to r ww the City's lease upon receipt of adequate notice at the prevailing market rental rates for oom- parable office space at that time. Landlord is prepared mq)and either within the building or into a new cmwtructed adjacent to the Tourer. Mie amount, tuns of this expansion the City's requirement. z discuss an option to envelope of the existing building which would be the historic- portion of timing, tern: and condi-- cpticn are a functicrn of Awk 41 -- Cwthmnn & W'akefetd of Florida. inc. Omrdrmsioner Mariam Al.oriso March 1, 1990 Page 3 O IC1N M PULSE: Landlord Jr. prepared to discuss an captim to pm - chase the existing premises and future e4xmion premises on mutually satisfactory terns when a determination of the City's regaireven s has been made. Mille the proposal outlined above is skeletal in nature, we are bcpeful that it provides a frame work for the cmrstm matien of a mutually beneficial lease trans- action. this proposal shall remain in effect through March 1, 1990 and is sub- ject to the availability of the spare, the approval of the partners of Zaminco-Freedam Mmoer, Inc. and the execution of a mutually acceptable lease agreement. Cusbnm & Wakefield will make no reprt-_entation, and asmznes no obligation, regarding the presence or absence of toxic or hazardous waste or substances or other undesirable materials on or about the property which ultimately array be purchased or leased. It is solely the responsibility of the potential tenants or purchasers to conduct investigations to determine the presence of such materials. Please review this proposal carefully. We ualcxmne any reactions or suggestions to tailor this proposal to suit your needs. In the event that terns of this proposal are satisfactory, we will quickly prepare a lease in accordance with the foregoing conditions. Sincerely. Allen C. de Olazarra NV/sg Encl. c.c. RcrKaable Mayor Xavier Suarez Honorable Camu ssioner J. L. Plummer Honorable Commissioner Miller Dawkins Honorable ca uissioner Victor De Yurr+e Mr. Cesar Odic, City Manager Mr. Herb Bailey, Assistant to City Manager W. Zahid Rannlawi Inc. fhagh Weidman 0 j Wo Freedom Tower as completed in 1925 711 efore the Miami skyline filled with light, a single spire reached skyward. It illuminated the lives of thousands. It lit the hopes and dreams of all those who gazed upon our shores. Now, that landmark stands out once more at the forefront of the city. The Freedom Tower is reborn, reasserting its signif i - cance in Miami's proud history. t A� (%roundhrc,ekmk 1024 Every maior architectural detail ; )f t he Freedom T,wcr has been meticulously restored by talented craftsmen to return the edifice to its original grandeur as a landmark and historical treasure. The Freedom Tower reopens its doors as a multi -use facility with an elegant banquet hall, a magnificent private dining club with rooftop gardens, and luxury office space for a limited number of professional firms and corporations. The Freedom Tower is the setting where the traditions of yesterday meet the excitement of tomorrow. Its prominence on Miami's glittering skyline beckons us to share the glory of our history and experience the promise of our future. FRE1✓DONI TOWER: A LOOK INTO ITS HISTORY AND FUTURE The building known as the Freedom Tower was commissioned in 1924 by former Ohio Governor, James M. Cox, to serve as the office and printing plant of the Miami Daily News and Metropolis, known more recently as the Miami News. Its architects were Schultze & Weaver, the renowned firm that also designed New York's Waldorf Astoria, the Los Angeles Astoria, the Los Angeles Biltmore, the Coral Gables Biltmorc and the Breakers in Palm Beach. The influences of the 13th Century Giralda Bell Tower of Seville, Spain, are felt in the designs of each of these buildings. The 17-story, 283-foot high Freedom Tower was built for approximately $2 million and was one of Miami's tallest structures along Biscayne Bay for many years. Since it dominated the City's skyline during much of the early and mid-20th Century, the Tower was utilized as a beacon and lighthouse nautical marker. The Miami News moved out of the Tower in 1957 and the building stood vacant for several years. The federal government leased the Tower in 1959 and converted it into Miami's version of New York's Ellis Island. Some 500,000 Cuban refugees, fleeing the oppression of Fidel Castro's rise to power, passed through the processing center during the next 15 years. It was during that period that the building acquired the name "Freedom Tower." The Tower stood dormant from 1974 until 1987 when Zaminco International, Inc., a subsidiary of the M. J. Al-Dahlawi Group, purchased it. The building is nearing completion of the final stages of restoration, bringing it back to its original grandeur. Enormous efforts have been made to restore every architectural detail of the 65-year-old Tower, which is listed as a landmark in the National Register of Historic Places. This undertaking was assisted with the help of a Community Development Float Grant. The assistance of City of Miami Mayor Xavier Suarez, Commissioners Rosario Kennedy, J. L. Plummer, Miller Miller Dawkins and Victor De Yurre, City Manager Cesar Odio, and Director of Community Development Frank Castaneda and his staff was crucial in obtaining this grant. Freedom Tower features a 550-scat grand banquet facility, known as Freedom Hall. Special design features - including ornate columns, hand-crafted Italian crystal chandeliers, hand -painted murals and customized Valencia the work - are estab- lishing Freedom Hall as one of the finest grand ballrooms in the southeast. The added convenience of valet parking also is making the Hall a popular choice for formal celebrations and receptions. Page 2. Other floors will include luxury office space for a number of selective tenants. The second floor contains in excess of 20,000 square feet on one floor with an atrium in the center to the roof of the base building. The third and fourth floors comprise over 8,000 square feet of efficiently configured space. From the 5th floor to the 17th are the tower floors with 1,600 square feet per floor and 360 degree views. These are the luxury office floors in the building offering magnificent views, with the upper floors having walk -around balconies. The restoration of the Freedom Tower reflects the spirit of the City of Miami, and the desire of its private and public sectors to preserve landmarks while building for tomorrow. Mf: I COMMERCIAL RF;Ai,Ty ALLIANCE, INC. Onmmercia.l k Indl,orial Realtorc March 1, 1990 250 Bird Ranad, Coral Gables, Flori& 33146 (305) 444.4994 Fax 1305) 4A5.1529 Convnissioner Miriam Alonso City of Miami 3500 Pan American Drive Miami, FL 33131 RE: SITE FOR 200,000 SQ FT OFFICE BUILDING OVER PUBLIC PARKING GARAGE FOR 740+ AUTOMOBIL.ES Dear Commissioner Alonso: Our firm specializes in the sale of particularly for office buildings. HAND -DELIVERED major development sites, The attached summary pertains to private air -rights available for office development above a City of Miami Department of Off -Street Parking Garage. The existing garage is located at 90 SW 1st Street, and will be expanded eastward. The new garage area and new office tower would be at 56 SW 1st Street. We have already sold the parking component of the property to the City of Miami. This high -visibility location on the I-95/DuPont Connector Ramp is probably one of the most economical private building sites available in Downtown Miami, based on "land cost" per sq. ft. of building area. We welcome your questions regarding the air -rights development site at 56 SW 1st Street, and hope that this opportunity will be among those selected for further study by the City Of Miami. Thank you for your consideration. Sincerely, Cf, M MERC I AL REALTY Allan White Realtor AW/jc ALLIANCE, INC. cc: Mr. Herb Bailey, Assistant City Manager Commercial Realty or its Members Are Active in The Following Organizations: Coral Gables Board of Realtors ... Industrial Association of Dade County ... International Council of Shoppi,ig Centers ... Florida Association of Realtors National Association of Realtors .... Greater Miami Chamber of Commerce . .. . Commercial Investment Real Estate Council (CCiM) rs= Commercial Leasing/Brokerage/Consultation C'C➢MMFRCJAi, RrAi,Tv A1,1,TANCF, INC. February 5, 1990 �'nm�nerciPl � ln<lustral Rea�tor� 250 Bird Road, Coral Gshlt~s, Flofl la 33146 Commission Miriam Alon,so 13051444-4994 _ 3500 Pan American 17rive FAx13051445-1529 �- Miami, FL 33133 Re: SITE FOR 200,000 SF OFFICE BUILDING# OVER CITY OF MIAMI PROPERTY — Dear Commissioner Alonsox "Rile City's quest for additional office space has been well -publicised. From a professional standpoint, we felt the City Manager's original selection- of a site already owned by the City in the "Government Center" area was the'_ best choice. If for some reason that site is no longer feasible, we believe 5C; SW. lot Street should be actively considered. A few years ago our firm negotiated the sale of 56 SW. lot Street to the City's Department of off -Street Parking, in order to permit the expansion of the =- adjoining public garage. In order to achieve a reduced price for the City, the original owner retained the rights to build: over 200,000 sq. ft. of private office space over the expanded garage. The attached details the various obligations of each party in a sort of public -private joint venture. - Why is this a good site for the City? The following facts are for your consideration: -- Central Location, with super parking, yet near Metrorail and the People Mover. - Excellent Price: (The air -rights are for' sale for $1.8 million, or $8.19 per building sq. ft. - City to have option of "buying and building", OR optioning the property and using an "RFP" procedure to select the best private developer. Any consideration the City can give to this interesting building site would be appreciated. Thank you. Sincerely, COMMERCIAL -,REALTY ALLIANCE, INC. � Allan to Realtor FE O 1 990 AW/ax Commercial Realty or its Members Are Active in The Following Orlanizations: 41" Coral Gables Board of Realtors ... Industrial Association of Dade County ... International Council of Shopping Centers ... Florida Association of Realtors National Association of Realtors .. .. Greater Miami Chamber of Commerce Commercial Investment Real Estate Council ICCIM) • Commercial Leasing/Brokerage/Consultation OPPORTUNWY Cnr" mrrcial Realty Alh:incv, inc., has stmcturrd a >>nigvr tiry lc,E mrnt cnnc rpt rntailine t},r purchacr Decrrnbrr, 1096, of a I ntoik ?Miami r-nrkine lnt by thr C;it%; of an adjoining public gvrner �vjlI be rx.pandnd T hr Ciry i; rrr>>+irrd to 1-110d thr new paraer structure so ac to ar_commodate n private "air rights" development of a minimum of 12 office floors Over the garage expansion, inch"llne ground floor lobby and retail wren, plus required service core. Commercial Realty is the er.clusiv4 marketing agent in selling rhr air and retail rights to a developer. NEW COUNTY t ems_" sc COURTHOUSE COUNTY " .. WEST COURTHOUSE FLAGLER `' E• f✓{ r STREET MAIN METRORAIL .� '�" % �t tt SAV. Ist STATION"" ,tr ..'• `:• STREET FEDERAL BURDINES BUILDING PEOPLE i MOVER METRORAIL e STATION 1.95 ACCESS t • U.S. RAMPS - "ft ''�.ATTORNEI'S �d "�•: BUILDING BUILDING SITE FOR SALE An extensive presentation is available through Commercial Realty, however, the following facts and figures will be of initial interest to possible developers: ADDRESS: 56 S.W. 1st Street, Miami, Florida LAND AREA: 16,686 sq. ft. PUBLIC GARAGE r Parking Garage No. 2, 90 S.W. 1st Street TO BE EXPANDED: [490 existing parking spaces to be expanded to approximately 740 parking spaces) CANTILEVER: The air rights development may extend over the public parking garage to the west, increasing floor area to 17,956 +/- sq. ft., based on a recent architectural study. POTENTIAL Ground Floor Retail Space: 4,000 SF PRIVATE Main Lobby, Utility Areas: 1,765 SF DEVELOPMENT: SUB -TOTAL 5,765 SF Office Tower Floor 1 (Above Garage) 16,333 SF Floors 2 Thru 12: (w/Cantilever) 197,516 SF SUB -TOTAL 213,849 SF TOTAL GROSS AREA 219,614 SF VALUE AND The property's good access, along with excellent parking and a site configuration allowing window views FUTURE TENANCY:— from three sides, snakes this a very desirable office huilding location. Future office tenancy may well be governmental agencies (eg. Federal GSA) or law firms. The ground floor retail area is good for a branch i bank catering to the downtown legal community. AG ♦. CO ,RCIAL R AuTy ALLIANCE, INC, (`.nm?nf^rCin� !4 Inrit+ctriRl Re�+►tn.e ter'*+R',na?Rm�PrRQz�lCnn�ulfrfinn - I?lE II OF PRIME DEVELOPMENT SITE IAXATRD IN DOWNTOWN KUN4II Commercial Realty is the exclusive broker representative of the owner of the retail and air -rights development potential of a 160686 sq. ft. building site located at 56 S.W. First street in Downtown Miami. VIEW NORTHWARD Information on this idgnifieant opportunity is provided on a strictly confidential basis to selected prospective developeM and merits immediate attention. My intormatKinp rven herewith is obtained from so irces we consider reliable; however, we are not responsibre for miw atemeni of facts, errors, omissions, prior sale, wdhdrawat fron marker nWdAra6on of mortgage cornnutment terms and conditions or change in prime without notice. The intormawn supplied herein is for informational purposes only and shag rO consAule a warranty or assurance that said information is correct. My person intending to rely upon the information supp� lvd herein should verify said informal*n mdependenlly RF,-. 56 S.W. FIRST ST-RFET IMIERCIAT, IR-muTy AmmvwR, 1* f.`Qmmercfni � Iscius�feI 1R.�iEarn I�tRinel33srlca��r/�ntnsttytfan w• . PAGES L EXECU'IM SUMMARY 1 Q. LOCATION MAPS do AERIALS 2-4 III. PROPERTY SURVEY AND FACTS 5-6 IV. DEVELOPMENT OUTLINE 7-8 A. PHASE ONE (Initial land sale closed 12-30-86) B. PHASE TWO V. TERMS do CONDITIONS 10 - 12 ATTACHMENTS: • Summary of December, 1986, Architectural Feasibility Study by hooker-Siskind and Associates regarding development program. • Summary of Covenant Titles. AVAILABLE: • Resolution passed December 2, 1985, Department of Off -Street Parking, City of Miami • Copy of December 30, 1986, Covenant and Easement Agreement facilitating the development Program outlined in Attachment # 1 .ny n(ormwtw pbo7n herew6h rs obtained hom emom wa consider r"&bW- however. we s t+01 responsible tOr mipds5srnsrd cA ems, �ptrss. m, pw sale. wdh&*wW h ttrtWufg wgnantyor s�w r+kx b NtypemonninfenQ+np des mifsvg =mein wMy a� may. ANIVRCIAT, REAL -Ty ALLIANCE, INC, RE: 56 S.W. FIRST STREET Comirnercinl Ar Tnrltretrip;l Renitorm Irasin>`lPmkPraq>%/Cnnc�tltnt6nn L. RXECUTIVE SUMMARY The closing for "Phase One" was accomplished December 30, 19860 to expand Parking Garage #2 of the City of Miami to an adjoining 14,481 sq. ft. site located at 56 S.W. First Street. An additional 2,205 sq. ft. of land was acquired by the City of Miami on May 1, 1987, for a total site area of 16,686 sq. ft. The original owner has reserved "title" to develop and own certain "private" air rights and retail rights in conjunction with the planned public garage expansion. The City of Miami's Department of Off -Street Parking will construct a garage expansion for 200f ears, which structure will also permit the "air rights" development of an office tower of roughly 1559000* to 214,000* sq. ft., and up to 12 stories high (over the garage structure), at a fee of $40,000 per year paid to DOSP. The new garage structure will also include approximately 4,000 sal. ft. of retail space on the ground floor, at a DOSP fee of $10,000 per year. Provision will be made for access and service cores within the new garage structure to service the eventual air rights development. The original land owner will sell the air rights development potent€alp- including retail "cut out," under exceptionally favorable terms: PRICE: $1,800,000 plus $10 per building sq. (t. exceeding 220,000 sq. ft. CLOSING: To be negotiated. REQUIREMENTS: The air rights developer will be responsible for interfacing with the City of Miami for the final design of Phases One and Two of the entire development, plus payment of $200,000 for excess foundation costs to accommodate the air rights development. $150,000 will be required for the contract deposit, with an inspection period during which the air and retail rights developer will have the right to cancel the contract. Funds for the excess structure cost and the contract deposit are to be escrowed. This opportunity is being submitted to selected developers through Commercial Realty. The development concept was formulated by Commercial Realty; we also negotiated the December 30, 1986 land sale to the City of Miami. Upon expression of serious interest via a letter of intent, contract details for the air and retail rightly will be negotiated through Commercial Realty and through the air and retail rights ownees attorney. Submitted by: Allan White, President Commercial Realty Alliance, Inc. 250 Bird Road - Suite 308 Coral Gables, Florida 33146 PHONE: (305) 444-4994 '•ny information given herewrtti is obtained from eourcos we Consider reliable; However, we ere not respOmb)e for misstatement of facts, errors, omissions, prior sale, withdrawal from arw mood cation of m xtgage comrnutment terra and condwns or change in price wiftut nonce. The mforrn ation supplied hatein it hx u iforrrwaonal purposes only and shall � CONArlute a watranty or assurance that said information isccrreYct. Any person intending to r6ly upon the information suo.*d herein should verity said in'oim .atton independently. RE: 5C, S.W. FIRST STREET ANIL AML ,MERCTAta IRF_,AfTY ALLIANCE, NT - t�nmmerciRl �* lndtr6fri<1 }�rsslfnrs I,eeci n2I Ftrnkorn�g / Con ettitA fine H. IDCATION SCHEMATIC LOCATION MAP (Drawing not neeessarily proportional or exact) 2 - ,a! 0"even herewith +s Obtained from Sources we Confider reliable; however, we are not responsible for rn Mhtem8tlf of facts, errpra, On1i66ion6, prior 681e. withdrawal from • e oo + ca�o:� 07 mortgage commitment terms and condNons or change rn price vnthout notice The Information supplied hirern is for rnformationet purpos" only and shall cz^s! e a warranty or assurance that said information is correct. Any person intending to rely upon their suppled Raisin 0ioufd verity said information independently. Cnmr;.Arclal i� inritastrlAi RcAltor� irAt9n�iRrnk�*Age 'f'nr+=+tlfrq!?nn RE' 56 ,.WV FIRST STREET pa'r i ow swe ' -S so of d04S'Plow" Mini from lM'1 n , - vv , MJ.l MMDVW cawk- m to Mwrorao at Bill A 8fvd., mm. to P1W t st Avo&, want. VYrm Government Cery6w for fiat. convwrtwnt travel county- 9 Mmromv+ w stations, you're never* m" thon wi4! And you can trar-Ow to Marotws at arty two bkxM away f m a Metmirrviw carxtecnm. MWrow sit" the 0onnta m Bit, TeTrr>atal. " 2 , U N• 111111 •. ;.letromover Has P Conveniently located Wroiamcwn Y,nnrsow Downtown Stations 1 a0Ve1lElkDfl't91ffl01_tM /1rf Ir>k �ilw 1 k Aria s�+[cr,an, tit-toraa r�1E a.. rrs �6wrrs�ia re+rr►e�ae.�i Rr� ~ • frA•� AYLMJ•-N f�,d now M 1{IE I k aA. tYr alitdawnlY'Itl�rr111b�0 OVA" �lA b � y/ NI! • PW UAILA• I'M -a•• a 1111 f Ara K•QbMfK 'ql C�.10'n d GtM b ri �Or Qr� e101rs. � . M001LD MJ1a4 t�ItitZ1A_,0• q 3+1• Qt r••,rAra error�nariaror toAISLoKwll.0 Cgr.rl 6 Yr1i1t10f► PN111(_ t!I Mra r••,rlR rMA rYr an.\ �l. � •�rrl rl., T Iwrr har\. • Pets* sretsr-fns fr• Ir x r iK bM Ana �� �rOnWyotY..w,n..arr a Coosa•-ssa"a3MILrName ra ' Gr M w.,. br r� ria..an Cu'aYUY raw Darr '. (:ownr�Y Cage v ti hm� GARriolil • EDODN-OO 1,• feY Ka PH loam M u S Canaae. C/Toa � HR r 4 r/ rb ill. �rl-a,alw IM..y to.n • 1•AR3 PI.AU-10 t/ti19h eL r WW Ir Ara �,a W 91nn+us for ora, ,ro jj..Q T7n-1 INNOVER d a✓J�a � J � �� No VER •MOVER MOVER i :.:MC4E4 'MOVER WWWNW EVERY 30 S+E-GOlDS DOWNTOWN PEOPLE MOVER ROUTE 4 nerewtn 5 ; btau,ed from sources we Consider reliable: however. we are not responsible for misstatement of facts, errprs,omissions, prior sale. withdrawal 6om ca on o' mongage con-mm aent, terms ano cond lions or change In price without notice. The information supplied herein is fcx informational purposes only ano shalt � rear.ar anryoressclanceIna! said information iscoy rect Any person intending to rely upon then'orrnabonsuppliedhereinshouldverifysaidinformationindependently. CGUMEIRCIAL REATTY A,'w1:1ANCrE, IN �rammerc�al !� 1ndt,straal Rr.,rlloTs left ai n¢ / Fr»k eTa�e / Con of ltn t 6»n ill. F&C1FB$'Y SIIBVBY � A,? /•./A/ l ♦I v. III M. aa',e. roo.oi' ter. •.M.M---...._.� —tt " • N' t � a imI eoVl/v(NTs '+ � NIT F • srotr c e s C,OCArtO Z ;. . y SMiT1�CLL OV Z w � , O � GWT10N: i 1i t 7T4Z o ii'Srm i M 19ACH CAWiW: WE Me su*wv mWaCT*m3' AQ v+9T AAparm illiL itf fit{ �' N/f 3' t t'ii i0 ld.7i.N . —" "RESSW4Y RAMP—.- _reaaIL..wa.a %e„R_ /1 /1 q /1 /, a 04 , t0 R/ tt to to j a ,M LOCATION sxtrcH 'a a ne ew :n s cttatneo from sources wa consr0er re:rable, however, we are not responsible for ' ar - o' ^+olgage com,crtent terms anU conditions or change in price without notice. The fnfor e a *a -an or eSSursncR that &a d information rs correct Any person intending to rely upon the fnfor misstatement of fact, en s, r crass ons, prior sale, mil drawallraM mabon suppppltiod hor8in K �r rnlormatKmI purge oril y 8nd shall nfatron supplied haven should veiny said information vulepenuerrtSy. FM . -r,;Rt /Con qtilfn ii,,,)n RE: 56 S.W. FIRST STREET .sue A— — , 8PRIAL VIEW UME'W";."Oe, b!e a,; C) I we e '0 n5brn a, from ormat,o SuPplied her prior sale. withdrawal an nceth8tsaid,nforfftatlon'ScOrrecI Any person intending to rely upon the intorfrWionn ion c. 'S O"O'S 0 n and c.,dt�o,"1'1'r'1a:h e,l0'-,SS1almnt.ff. SUDDIked hAr^.n a PuFCK)Ses only and shall RE: S$ S.W. FIRST STREET C'nmrrtcrciAl FC Tnrlra,ttriAl iRoAltnrs 1.,e5,+ing/RrnkNr1agR l CnneltltAttnn M. PROPERTY FACTS ADDRESS: 56 S.W. First Street, Miami, Florida LRGAL DFSCR PTION: Contact Commercial Realty LAND AREA: 16,681 Sq. Ft. (Estimated) Note: Cantilever rights are available along the West property line, thus increasing potential office floor area to about 179956 Eg. ft.* FRONTAGE: 100.03 ft. on S.W. First Street, per survey. CURRENT USAGES Open parking lot controlled by City of Miami's Department of Off --Street parking has approximately 60 parking spaces. ASSESSED VALUE: $19237,520 (1986) with annual property taxes of $30,973.35 (1985). Under Phase One of the transaction, the property is expected to be removed from the tax rolls. It is not known how the subject air or retail rights will be treated for tax purposes, prior to garage construction and/or prior to air rights construction. ZONING: i &nt n+or-W-on given herewith 1"Wkt -Wro I-eafon of monga 'IV conSRule a warranty or C1313-1, City of Miami "Central Business District" zoning allows Miami's greatest intensity of development. Office and retail space are primary CBD usages, but high -density residential uses are also permitted, such as hotel rooms and apartments. There is a 300 ft. height limitation, but no maximum floor area ratio. Residential development has certain open space requirements; commercial development can theoretically proceed lot line to lot line. There are no off-street parking requirements for any CBD use.* * See Architectural Feasibility Study by Hooker-Siskind and Associates, available through Commercial Realty. 6 is obtained from sources we consider reliable, however, we are not responsible for misstatement of facts, errors, omissions, prior sale, withdrawal from le commit rent terms and conditions or change m price wrthoul notice. The information suppppl1>ti3 herein is for rnbrmatwnal purposes cniy and shall aswrance that said information is correct. Any person intending to iety upon" information supWted herein should verify said information independently I a e O '. -i EIRC AT, ]REALTYALn.JI1 NCIRr INC. IIE! 56 & Wt. FIRSTSTREET Commerciril tk tndrrgoriRl Re�ltnr� t,,e+t4i.rtg t BrAPrn11DIng+.litpf ion IV. DEVEWP81ENT OUTLINE Development is planned in two phases, which might proceed back-to-back or could be separated by several years. The first phase is a public use via expansion of the existing public garage located immediately west of the subject property, plus private utilization of a retail "cut out" on the ground floor of the new garage expansion. The second phase will be the private development of the "air rights" above the new (and existing) garage structure. A. PHASE ONE Garage No. 2 at 90 S.W. First Street was completed In 1966. The east exposure was reportedly designed with "break -away walls" between structural columns so as to accommodate possible expansion to the subject property. Vertical movement of automobiles in the existing garage is accomplished via inclined, east - west parking ramps. The new garage expansion will have parallel parking ramps accessed from the existing garage's Inclined ramps. Ingress and egress for the expanded garage is anticipated to be accomplished via the existing garage. Ground floor space in the new garage is expected to provide for 4,000f sq. ft. of retail area, an ample office building lobby, service core, utility support and limited parking. Phase One entails the addition of approximately 250 parking spaces to Garage No. 2 which now has 490 spaces; total parking in the expanded structure will. be roughly 740 spaces. The new structure will have 4,000 sq. ft. of retail space and is required to be designed to accommodate up to 12 floors of office space above the parking structure, which will also provide required Ingress/egress and utility cores for the air rights development. The 4,000 sq. ft. of retail space would be available upon completion of the garage structure. A fixed fee of $10,000 per year (or $2.50 per sq. ft.) would be payable to the City of Miami DOSP upon issuance of a Certificate of Occupancy. The fee may be "bought out" for $120,000 (representing a cap rate of 8-1/3%). It is intended that the retail space be delivered in shell condition, which is further defined in Property Covenants established upon the sale of the land to the City of Miami. The initial phase, namely the new garage expansion, would be built so as to accommodate at least twelve floors suitable for office use (but potentially other uses as as well, such as apartments or hotel rooms). Excess foundation costs incurred to accommodate the future air rights development are to be paid by the air rights developer, which sum has been fixed at $200,000. 7 A"r n% ""at'on 9pvMn herewith rS obtained from sources we consider reliable; however, we are not responsible for misstatement of facts, errors, orrussvn, prior sale, withdrawal from man rt ^eo> 000n of mortgage cortmdment terms and oondd ns or change in price without nonce. The information suppled herein is for informational purposes only and Shan `0 can "J* 8 warranty or assurance that aid information is correct. Any person intending to rely upon ft information suppled herein should verity said information independently n CO1►t,e ER0ALRE-AuTyA)<UTANC'F, INC, Commercipl & Indworisil Realtors 1,"i ingi Brokerage / Consultation Ea 56 S.W. FIRST STREET IL PHASE TWO In effect, Phase One "raises" the building site, represented by 36 S.W. First Street, roughly ?? feet In the air, thereby enhancing the quality of the site for development and providing a ready -to -go construction platform (or foundation). At the same time, the transaction can be structured to allow time for Miami's office market to normalize and/or to allow a developer to obtain wi anchor tenant for the office building. Two years after air rights construction commencement, or upon issuance of the air rights Certificate of Occupancy, whichever is first, a fee of $40,000 per year must be paid to DOSP, which can be "bought out" for a lump sum of $480,000 (which, again, represents a cap rate of 8-113%). This Is in addition to the $10,000 per year retail rights fee with $1209000 buy-out option. According to the Property Covenant; (Paragraph 15) the retail and air rights owner will have "the right to use ten percent (10%) of the parking spaces within Garage No. 2 and the Expansion Garage, on an unassigned basis, at such time, if any, as the Retail Space or the Air rights building has been completed for a fee equal to... the most favorable rate charged by (the Department of Off -Street Parking) to the public for a single parking space in Garage No. 2...) " Payment must begin when a Temporary Certificate of Occupancy is issued for the air rights structure. The air rights building area potentially is 12 floors of 16,333f gross sq. ft., or 195,996t sq. ft. total. The Property Covenants allow a westward cantilever right, over the existing parking garage, thereby preserving a westward window exposure for the office tower,* and permitting an increase in the size of the top 11 floors to say 17,956* sq. ft. (per the Booker-Siskind Illustration). Gross area of the air rights could thus be 213,849f sq. ft. in total. If the cantilever right is exercised the Department of Off -Street Parking will be entitled to the greater of a minimum fee, or fair market value, as provided in the Property Covenants. 8 , ^b minor, iVn tW&vY h Is ot�ned from sources we conlarsureliable; however, we are na respons0le for misstaternent of facts, errors, orruss;om, prior sate. withdrawal from %Ca d mortgage oon mlirmnt farms and onndarons or change in pace without notice. Tho Mformetwn supp�ptt*d herein is for Informational purposes only and sna6 CMlY JA a w�tranty or assuranoo truer said information is correct. Any person intending to rely upon ftrnformaoon supplxra herein should verify said informal on independently. COMMJERCIAI. RIRA%Tv A1,1JAN E, INC. c ornmerriol Jk Ir dwttriol RemPors T msing/BrokerageiCon,hnitAtion RE: 56 S.W. FIRST STREET Rec&pitu1&ting, gross "private sector" building areas may be: BUILDABLE CANTILEVER AREA** RIGErM ADDED** GROUND FLOOR - Retail Area 4, 000 SF - Main Lobby; Utility Space 1,765 SF - SUB -TOTAL 5,765 SF 5,765 SF AIR RIGHTS - Floors 1-12 a 16,333 SF ea. 195,996 SF N/A - Floor 1 N/A 16,333 SF - Floors 2-12 C 175956 SF ea. N/A 197.516 - SF - SUB -TOTAL N/A 213,849 SF TOTAL GROSS AREA*** 201,761 SF 219,614 SF (8.8% INCREASE) * NOTE: The subject air rights should effectively have window views from three sides, with the fourth side used for elevator and service cores. The subject site is thus a two - corner, end -of -the -block construction site (raised 77* feet in the air). ** NOTE: See selected portions of the Booker-Siskind Feasibility Study appended to this presentation, including hypothetical elevations, perspectives and schematic floor plans of the ground floor and sample office floors. *** NOTE: Core areas penetrating through the public garage are riot Included in the area compilations. 9 9 f- Any nfortre on ©even herewith is obtained from souroes we sidar rel+able: txwevttr, we are not responsible for miss2etemont of facts, errors, omssicx�s, prior sa;e, withdraw &I Iron markm.nwddx^,saon of mortgage mn rnibnent tr►rrrrs and conditions or change in prK%e ou wit t notice. The information supplied herein is for informational purposes only and stud nit Constitute a warranty or dssu+arxx fhu seed information is correct. Any person interK" to rely upon the inforrrwdon supplied herein should verify said information independently I:IMFIRCIAT,1RVATTY A11JANCF, IN ('nmmerciA! Er Tndi)0r s! P"Ifnrt TPAmnIt 1 T?rnkernAe 1 Cnnsutf of inn RE.- 56 5.W. FIRST STREET V. TERMS & CONDITIONS FOR A DE"WPER TO PURCHASE THE RETAIL RIGHTS OF PHASE I AND THE ,AIR RIGHTS OF PHASE B Commercial Realty structured the original development concept, and has now been authorized to offer the private -sector retail rights and air rights to selected developers as follows: SALE PRICE: $1,800,000 plug $10 per air rights building sq. ft. exceeding 220,000 sq. ft. (This offering is not a leasehold Interest, but is a perpetual, permanent interest, subject to Property Covenants dated 12-30-86 and filed 12-31-86, beginning on page 4890 of Official Record Book 13131, Dade County, Florida). If the retail shell, is worth, say $420,000, the effective air rights price is $1,380,000 without the DOSP fees or buy-out costs. Based on 197,761 sq. ft. air rights structure, the "price to control" is a nominal $6.98 per building sq. ft„ substantially less than other office building sites at less desirable locations in Downtown Miami. The DOSP fees or buy-out cost become applicable after construction and thus entail no initial cost to carry. Adding the DOSP buy-out costs results in the following effective costs, after construction of the retail area plus the air -rights building: RETAIL AIR RIGHTS TOTAL DOSP BUY-OUT* $120, 000* $ 480, 000* $ 6001000* (25%)* BIGHTS ALLOCATIONS 300,000 _1,5002000 1,800,000 75%) TOTALS 420 000 11, 980, 000 $2, 400, 000 (100%) APPLICABLE BUILDING AREA 4, OOOSF 197, 761SF 201, 761SF PRICE PER BLDG. SF $105/SF** $10.01/SF $11.90/SF (Avg.) *NOTE: Cost to carry the DOSP fees has been already negotiated ® 8-1/3% or $50,000 per year, beginning upon "CO" for the retail space (at $10,000/year) and upon the earlier of either "CO" or 2 years after start of air -rights construction for the air - rights space (at $40,000/year). "NOTE: Retail price of $105 per building square foot includes retail building shell. ***NOTE: 195,996 SF air rights (w/o cantilever) plus lobby and utility area of 1,765t SF = 197,761 SF. 10 My w'f -,,Wt'on won hwowith s obWned from source& we consider reliable. howevar, we are not responsible for misstatement of facts, err, , omissions, prior sate, withdrawal from "1p �^ M ^'�CeGe oomffvm ent terms and condwts or change m Pr+ce wnthout notice. The information su ied herein is for informawnal purposes only and shall not co'Wute a wsnanty rx assurance 8tat said information is correct. Arty parson intending to rely upon the information supplied heroin should verify said information independently. C 0 1FRIC)AT. REALTY f YA [ANCIP, INC. Cnrmfnf�?c;e! & in•hr<trimt R"}tnrR L"LIting 1 RmkerPgP lCon mi tntinn RE: 56 S.W. FIRST STREET Ci<,OWG: To be negotiated. TERMS: Cash at closing. INEPEC,"YIONt After contract execution, the air rights developer will have a reasonable "free look" period to complete document review and other investigations, such as meeting with City of Miami offleials. IN17ML $350,000 shall be escrowed at time of contract, allocated as follows: FUNDS RRQUIRED 1150,000 Contract Deposit. • 20S 0,000 Deposit or Letter of Credit for contract performance and/or payment of "excess structure costs" (per covenants) in the event that the City of Miami begins garage construction prior to air rights closing. Escrowed funds shall draw interest, which shall be paid to the party ultimately entitled to receive such funds. PWALIZING The retail and air rights purchaser shall proceed to finalize the DOSP "Phase BUILDING Cane" plans pursuant to the land We closed December 30, 1986. Prior to the PLANS: retail and air rights closing, the seller will be kept fully advised of progress, and shell have the right to approve final contracts and construction plans affecting the retail and air rights. The current owner will execute a joinder agreement as may be reasonable and necessary to facilitate the retail and air rights development, prior to closing. -Y r6wrnat on rven herewith is obtained from sources we consider reliabW Okv wd caQoil of mo%ape corrwrntment terrm " avoitions or ctsanpe i :t wrfw Asa Warranty or asswanoe that tard inf xmaht is correct. Any person r9 11 f►owe ver, ove are not responsib4e for rrpsslaternant of facts, err onsaiora, for sere, withdrawal from n price without notice. The information supplied twrern is ror'informational purposes only and shalt mtendN to rely upon the information supoied herein should verity Said nformation independently. COMMFR01AI, REALTY At,iJANCE, INC. Crymrn�rciat A InduorieI Penitorr basing/Bmkcragpl�nstrltetinn RE: 56 SW. FIRST STREET RETAIL In the event the City of Miami begins garage construction prior to the closing for CAVEAT: the retail and air rights, the owner shall have the option to withdraw the retail component from the transaction by assuming the responsibility of paying the DOSP fee of $10,000 per annum, with the $120,000 buy-out option. The total price will not be adjusted, thus providing an additional Incentive for the buyer closing the retail and air rights transaction as expeditiously as passible. ANCHOR Commercial Realty has established interest on the part of certain large space TENANTS: users in leasing most or all of the subject air rights office space. With the concurrence of the owner, details can be discussed with potential buyers of the air rights, provided the identity of potential tenants is kept confidential and provided Commerical Realty is acknowledged as the sole procuring real estate broker entitled to a fair and reasonable brokerage commission from the buyer in the event of a lease, re -sale or joint -venture between such space users and the Buyer. GAMEPLAN Because of the complexities of the proposed transaction, It is suggested that a Guyer provide a detailed letter of Intent as a basis for serious negotiations leading to a contract, which Is to be prepared by the Buyer with input from the Seller's attorney and/or Commercial Realty. Submitted by: Allan White, President Commercial Realty Alliance, Inc. 250 Bird Road - Suite 308 Coral Gables, Florida 33146 PHONE: (305) 444-4994 12 ` Any •++amatan von herewith a coffined ent emurrmoes wo consider reliable; however, we are not responsible for misstatement of fads. errors, omissions, prior sale. withdraw) from ma ket mode ca on or rrbrl6epe oorrrrutrnent terms and corxltions or change to price w,tfuwt notice. The intormauon suppled herein is for rnformatwnal purposes only and shall not cw4MJte a wanartty Or assurar>" Oaf said information is correct. Any person intending to rely upon fhe intorrnation supplied htaetn should verity said information uWependently. -'I COMMERCIAL R)RAUTYALLIANCE, INC. Cnmm. erci*.l & Induatrinl R"*Itnra F,�es'sng / AroktragP I Cnnsiiltr�tinn MEMORANDUM TO: PROSPECTIVE BUYERS November 10, 1987 FM: ALLAN WHITE, REALT'OR, COMMERCIAL REALTY ALLIANCE, INC. RE: 56 SW. 1ST. STREET, MIAMIr COVENANT AND ASERENT AGREEMENT The subject property was sold ,December 30, 1986, to the Department of Off -Street Parking, City of Miami, with the seller retaining certain retail and air rights for privates development. The legal framework for the public garage and private retail and air rights development is set forth in a "Covenant and Easement Agreement" dated December 30, 1986, recorded December 31 1986 in O.R. Book 13131, Page 4690, Public Records of Da2le Uo_u_n_t_y_,_Flor1da. The following captiona are from the Covenant and Easement Agreement: PAGE PARAGRAPH CAPTIONS 4890 1. DEFINITIONS 4992 2. OBLIGATION TO CONSTRUCT THE EXPANSION 4897 3. GARAGE 4698 4. GRANTS OF EASEMENTS 4899 5. AIR RIGHTS AND RETAIL SPACE PAYMENT 6. CERTAIN DOCUMENTATION 4900 7 GRANTS OF CANTILEVER AND STAGING RIGHTS 4901 8. CANTILEVER AND STAGING RIGHTS PAYMENTS 4902 9. SELLER FAILURE TO CONSTRUCT AIR RIGHTS 10. BUILDING 11. DAMAGE BY FIRE OR OTHER CASUALTY 4903 12. NON -DISTURBANCE 13. EVENT OF DEFAULT -PURCHASER 14. RMMDIES FOR PURCHASER'S DEFAULT 4904 15. EVENT OF DEFAULT -SELLER 16. REMEDIES FOR SELLER'S DEFAULT 17. PARKING SPACES 4905 18. INSURANCE REQUIRENWTS 19. ATTORNEYS' FEES, ETC. 20. NOTICES 21. ASSIGNMENTS 22. PLURALS 23. CAPTIONS 24. NO PARTNERSHIP OR JOINT VENTURE 25. EFFECT OF INSTRUMENT 4906 26. SURVIVAL 27. GOVERNING LAW 28. NO DISCRIMINATION 29. ARCHITECTURAL FEES GENERAL WARRANTY SEVERABILITY 4908 EXHIBIT "A" LEGAL DESCRIPTION 4909 EXHIBIT "B" LEGAL DESCRIPTION OF GARAGE NO. 2 4910-13 DRAWINGS ILLUSTRATIVE ARCHITECTURAL PLANS SHOWING GROUND LEVEL (OPTION 1 AND 3), TYPICAL PARKING DECK, TYPICAL OFFICE FLOOR. The abj(ct ant►itectwarl infa mztim nay be revised or cccrwted art any time, with%& notice. No panty is ible a eit3tgr or that � omple� wi.ject ill in fact be ncl�s feataible after full design illustrative &awdre s, is preliminary amd hypDth Jcai only, arld additicnel ar&dtwb=al wctk is mtdat cry, Any mtcemgn tr ranAg h''�� j ' , iSti86f iabver, we are not responsible for ftwatemont of !sets,, of%:. txnissions, wior pale, withdrawal from '^a ket rTxKi" ca on of mortpape corrrnitment terms and oorWdions a change in price wf wut nobce. The rnformatwn suppired� harem is for mtormaVonal purpcaes only and "t rw9 cc Wgole a warranty a as;ur once the! ss>d infOff is cared. Any person rovidinp to rely upon the inlamslion eup d herein stxx9d verify acid information indeperxiently. 01 COMMERCIAL REAT,'I'?r ALLIANCE. INC. Commercial & lndustrinl Realtors 250 Bind Road, Coral Gables, Florida 33146 )305)444-4994 MEMORANDUM November 10, 1987 s. TO: PROSPECTIVE DEVELOPERS FM: ALLAN WHITE, REALTOR, COMMERCIAL REALTY ALLIANCE, INC. RE: 56 SW. 1ST STREET, MIAMI: ARCHITECTURAL STUDIES FOR GARAGE EXPANSION AND DEVELOPMENT OF RETAIL AND AIR RIGHTS i .The following are selected extracts of the "Watts Property Architectural Feasibility Study" completed December 18, 1986, plus "Revisions" of June 18, 1987, by Hooker/Siskind and Associates, Coral -,Gables, Florida. `Portions of the 12-18-86 study were used as illustrations for the -Covenant and Easement Agreement dated December 30, 1986, which :provides the essential legal framework for the subject development. Prospective buyers of the retail and air rights are urged to complete their own independent feasibility studies. Neither the Hooker/Siskind report, nor the extracts thereof, are warranted in any way, The Hooker/Siskind information is conceptual and tentative in nature, and the following extracts are provided solely as a convenience to prospective developers in considering the retail and air rights development opportunity, and in determining specific areas requiring independent analysis and evaluation by the developer's own professionals. Commercial Leasing /Brokerage /Consultation WATTS PROPERTY A4CFiITECTURAL FEASIBILITY STUDY SELECTED EXTRACTS H®QKIER/SISKI`D & ASSOCIATES PLANNING - AIMMMMURE - LAtI AXAPE ARC.4ITECTURE • JRMN PLANNING COhSTRIC'KIN MANAS;tMEW. - FNANGAL ANALYSTS - D0E:.0P►1ENT SER's KrS 4101 SAL.GEDO AV ENUE - CORAL GABLES FLORIDA 33146 t 305144.1-96Q6 NOTE: MRAWRIO tit trod ADDED BY 14" ego By C0WM;iaC%VA- RS.WY ALLIRMM. xw.j IN ocoa [, TO Myt OE- CL=AI N UPDAfTES XUD eLR2riFti cq-TI oi.1,S. Selected Extracts The new 7-story garage will connect, to the existing 7-,story garage located immediately west at 90 S.W. lst Street, and will utilize the existing garage ramps for vertical circulation. This ne4 seven level parking garage will have the ability to oonvert to office or storage space at some future date, As it will be level throughout. This new garage will also incorporate 4,000 sq. £t. of ground floor retail space, maximizing the exposure along S.W. 1st Street. The office building above the parking garage will have the ability to be built at the same time as the garage or built at some later date. The City of Miami has agreed to allow the existing top deck of garage No. 2 to be utilized as a construction staging aces. In addition, air -rights have been granted to allow the new structure to cantilever above the existing garage air space. The new gar ge will increase the capacity of the existing 490 car garage by 198 cars.W The existing garage should be given an architectural "face-lift" to make its connection to the new structure a homogeneous one, in both use of materials and architectural style. However, it is not the purpose of this study to impose any particular architectural style on the ultimate realized structure. It is, however, the intent of both William watts and the Department of Off -Street Parking that the new structure he aesthetically integrated with the existing garage (which is to receive a new facade) and that the total structure evidence a high-level of "design achievement." This feasibility study is intended to act as an overview of the proposed project and as a guideline in its development. Specific design mandates and structural suggestions have been addressed only as they apply to building/zoning codes and constraints particular to this specific site. THE ACQU1SITIOM OF THE. REAM, "OUT PARCEL" PUMITTEQ "3GdUMIN41r" OF THE SITE, A WD HENCE A MOICE EFFIUEN7 AW0 LgRGl:X?, Bill LOI tSC-so- A R q . SLI 6SEQUSUT ESTI M►?'TE5 OF rARKINia "YIEL6" 8Y UOSP W'ERI- APPAOXIMATFLY 250 SMAMS. -2- 'fie 9-bject architeLli al infonmtion may be revised or corrected at arty titre, without notice. Ab warranty is provided, either mgressed or inplied, that the ccntenplated develeprrrt will in fact be determined to be feasible after full design deuplop�esst studies are oorrpleted. The subject infonTetian, including illustrative drawings, is preliminary and hypottyetical only, and additianal anhitectmal wcrk is m rtdatray, p = to developmntal decisicets being finalized. INTRODUCTION The "Watts Property Feasibility Study" is an ana3.ysis of the architectural viability of expanding thp. existing City of Miami Parking Garage No. 2 to the east onto a 14,48 q. ft. parcel of land vaned by William R. Watts, Sr., until December 30, 1986, at which time it was sold to the City of Miami, with air and retail rights reserved for the Watts interest. The subject property, located at 56 Southwest 1st Street, in downtown Miami, .is to be developed in conjunction with the City of Miami Department of Off-Stx'eet Parking as a 7-story parking garage with ground floor retail spe-ce and the capacity for "air rights" construction of tent or mc)re floors of office space above. The site is located east of S.W. 1st Avenue and S.W. 1st Street, within the hub of government offices (Federal and City), and the County Courts in the center of downtown Miami. The downtown Nt trorail station is tv;0 blocks to the north, and tlx, ?*Aro-iruv(�r travnr dir,�-I.ly in rronL of the site along S.W. 1st Street. A Metro-fmvr�r station is one block to the east over South Miami Avenue and adjacent to Surdine's Department Store. Q FINAL COVENI;MTS 5T(PULA'SV—~Anl Am Riwvrs SITE PLANBUIL01Nr^ JwaaONMRTF-0i TWELVE CIZ) STDIiIES I N Mr- 1&gT. 1' COA - 13131, A.- 4891, 11 (.4 ) PARCEL SIZE. SuesEQUa"u-�f 1FaceeniED TL1 I&. 486 SC#. FT• VIKI MAY, 1987, PURCWASE O: A REap- "OUT PARCfiL.', WHICH ALSO PEeZM1TTEi7 74E SITE Tr, BI-'_ 44UAVED, Awl11-10-87 The subject architectzsal infmmticn may be revised or corre:ted at any time, without notice. No varranty is Fvv✓irW, either eNzressed or implied, that the cnterplatrs3 de meloptv3lt will in fact be determined to be feasible after full design deve1ogxrej7 steadies are oalpleted. The subject infcunaticn, including illustrative drawings, is preliminary and hypothetical avy, and additional arehit:eebsal wak is Ixirdatory, Fria to developieitaI dacisicm being finalized. SITE ANALYPS Un CIE�C� pedestrian access to the :site is from S,W. 1st Street into the building lobby, or from the existing Garage No. 2. vehicular access to the new Watts parking structure shall be made via the existing garage located at 90 S.W. lst Street. This allows maximum utilization of the tuts property on the ground level for retail frontage onto S.W. lat Street. Service access to the new structure should be much+ from S.W. 1st Street. Zb Accommodate the added vehicular traffic flow, modifications to the parking garage must be made to the existing ingress/tigress points on S.W. 1st Street to the North, rind S.W. 2nd Street to the South. In a Department of Off Street Parking garage loading report trade the week of Demtbar 8 through 12, 1986, it is suggested that the only real traffic congestion that can be anticipated is at 4 : 30 p.m. daily, when 2/3 of the exiting cars at that time ut i 1 i ze the north egress onto S.W. let Street. Modifications to the traffic flow not be made to encourage drivers to exit via the south N016 exit thereby alleviating this co;wjestion. To this 5" W_TJAL end, several alternates have been suggested in RF-Maz Ford this report. TFtlf EE AtTF_1ZNF ntvF_ As the existing structure allows only 16 foot opRMbe clearance between columns, the existing exit °sTKUCTU(?ZS• cannot accommodate an additional exit lane �% (minimum width 20 feet). Therefore, the proposed alternative solutions are as follows: as UrZ rT 'S While this study does not address soil conditions on the site which requires a qualified soils engineer, it has been determined that underground utilities are available to Un site from S.W. 1st Street. (Sheet 36-99 revised 03/22✓82 at the City of Miami Departrent of Engineering, 4th Floor.See Exhibit No. 8). RD T MVELORMM This study proposes development up to the property lines, which, when abutting adjacent developable property, requires 4-hour rated walls with no penetrations. This mans that the entire east wall and the portions of the west and south walls abutting developable land must have no penetrations. Malls adjacent to S.W. 1st Street, 1-95, and the existing garage may have penetrations as allowed by code. For this reason, i it is suggested that elevator and other core functions be looted on the east wall of the new . structure since no windows will be allowed hem. Lbo subject amthitectural inaf=etion my be revised or meted at any time, without notice. No wit Wty isradck i, either ecpressed or implied, that the artwplated develaprent will in tact be deteardxr®. to be .ible after full design develqveit stidi,es are carpleted. The subject infconatian, including U1wt vt-iW_ drradrxgs, is Mlimiriary and hyp&�cal only, and a&Utiarml archi.twbsal work is merydatcry, to de%elepnmtal deCisiCrZ being firmlized. C" EXISTING SITE (PARKING LOT ADJACENT TO PARKING GARAGE) Se, IF Ae,Ex'. -acicS BUILDING ENVELOPE (AS VIEWED FROM THE SOUTH. NOTE PROXIMITY TO 1-95 RAMP) (PRIOR "r0 "5QU9Rl NG" OF BUI LD I KYG 5 frE) 'fie subject ar*,dutecbral infornatim may be re^rised or cormct3d at any titre, withoft rntioe. ND wzr-anty is govided, either e>gmvssed cs ilrplied, that the wntmplated develcpm:mrt will in fa-t be detesrtirod to be feasible after full design demlcprent studies are cagDlet$d. The sibject infcrTreticn, includirna illustrative drawings, is preliminary and )ypothetic3l only, and additicral and-dte tuzal cork is mar-dateuy, pricy to develcprnental decisicns being finalized. e- G- POTENTIAL BUILDING ENVELOPE tAS VIEWED FROM THE S(XJTHEAST) t BUILDING ENVELOPE AT SIN 1s# STREET (NOTE PROXI► MY TO METRORAIL EEYONQ AND WTROMCVER ACRCSS THE STIREE n 11he subject arctdtectiral infcmreticn rrey to revised or corrected at aryl titre, witYmt roice. lb warranty is Faavided, either eqx or plied, that the crnts3rplateci dwelcpr>`rrt will in fact be determit 3 to be _frv.ible after full drY:ign ri�mlcIu"it --tlllir-f: arm lr trrt, Rr salhjrci infrmmt inn, irrltriirc; _ illusVative drawit-qs, m,iiltilt! M.11 wok ir'• mullit',ry, l• ir7 tt, ty•I111 t 11iil1."11. BOOM I ' ao9t?d on availabl.Q datA. aM re eerch "re ar'e no known >ntn, .rights- of y or othor ordinn- ocws that im+�pede the full devalopmpnt of t )e sibs® to the property line extn_pt: for a 4.5 foot sicl lk dedication shown can the Biscayne Engineering aurvey, dated: 12-27--82, at the northwest corner of the site. This strip of land extends access the north portion of the site to a point set beck 4.75 feet on the northeast onmer. 'This line defines the base building line; all property to the north of this line is dedicated to public sidewp+1k. Pbr purposes of this study, the propose] structure is set back 7.0' from the north base building line even with the facade of garage No. 2. The "Air Rights" structure offices above do extend out to the north base building line. NOISE AND VnN CCMMpERATIONS Due to building code constraints, the only wells with allowed penetration are the entire north wall and portions of the south and west walls. Due to its close proximity to I-95, vehicular noise will be a design consideration for lower levels of the south -elevation, which will have office floors beginning apporoximately 60 feet above the expreswony ramp. At higher levels, the view to the south offers a dramatic vista of coral Gables, Coconut Grove and Biscayne Say. The west view over the existing parking garage affords a panorama of the Orange Bowl Stadium and Miami International Airport an the horizon. To the north, the building addresses the Dade County Courthouse and neighboring governmental facilities. The view to the east is non-existent due to the proximity to the property line and the potential adjacent development, unless the Watts structure is stepped back from the property line as per fire code requirements for allowable wall penetrations (windows). Importantly, all panoramas (or at least window exposure for natural light) will be uninterrupted by any foreseeable future development &m to the proximity of parking garage No. 2 (west) S.W. Lst Street (north) and the I-0 access ramp (south). This gives this site an important market advantage in that many office buildings in downtown business districts have views (and/or window exposures for natural light) considerably more Limited than the subject "air rights" office development. Typically only two exposures are granted an a downtown lot, unless the building encompasses an entire city block. The Vbtts property offers 3 exposures. 3t abject architectural infamntion ney be revised cr c=ecbed at any time, without msticae. No waaanty is Ftavided, either eaTressed oe fnplied, tint the om*wplabed deti Igmult will in fact be detenrdned to be —.i feasible aft full design develcpnent studies are c tmpleUd. The subject infer atian, including illustIN ive drawUrp, is prelh chary and hypothetical only, and additiava a�tdtecbn wo& is asaeYlndaey, Fd= to develcpaWtal dedalans being firleli=d. fflt�QF-.,.._,,,__ nine tea .. ;^cal enzeev' l�enirrA. rx" (if tt r CO- ei.r* eee r*xs K **eh @l"r OR required to he e ak+apr f mov--lonoree -tth nett�i err manic-1 *>�sst:i7..e:iean. ? ... it iv rae"VwAndod that th+s na--a 7-*rnr7 PWkf.no garsago hveep two high eepood 3,SM 1b. tr t-tM elevator" to eeee,svico this 9eerAg0 elm*- 0" existing elevator in edy"n nt No. 2 e Protrude into the aww" chive to tto MW, cvrege a*%&Ing a jug in the drive and t 1 of three parking spaces an S floors. It is twowneled hetee"w, that this el,aantor tWnainn. The reeiaindsr of the building (offices abows) say be services! by 3 or 4 additionrl 3,300 lb. high spewed traction Mors depending an Un ultimate height of the building. These wlevators would express from t'oe good floor lobby to the auventh flour atd each flow boyeand, bye-paaeeing the gserwr levol. This concept allows phasing of the garage and office tower construction and saves about MO,000 In conotruction crests than exspared to having all S or 5 elevators serve every gu'p and office floor. There is a draw back to this schema hover, in that the two new parking garage elevators eeould regnirs a $00 sq. ft. machine roam p�netxatinq the boo floors abmw. ('this coca can bw built adjeceent to the to{mast o1wator landing at an additional cost of 4boeat $25,000, but regardless of the location, about 1,000 sq. ft; in tenant space will be Lost to the 0mo seven story garage alsvators) CITY OF MIAMI ZONING CHECK = COO-1 (Central Business District) e dons )squired aor office None known of (requires title search %eri.f ication ) A1�SdS0►BLE ffi�G. EiGI: 300 Ft. (Unless restricted by F.A.A) PAN=t )Mons Required AC=t Pedestrian acmes from Sit 1st Street 2017.4 Joint Parking Facilities_ for Continouous Uset, CLaas C Sssecial Permit Re ire —Where there are multiple uses on one (1) tract, or ers uses on a joining lots propose to combine parkin? facilities, including access ways, such joint offstzeet pRrkinq facilities sha.11 rsgaie:e a Class C special permit. 2023.2 (Off street Loadin Stalls) Divonsian of Stalls . TWo sets of minimum sesnsions are established tor req"red ottstrOOt leading stalls or berths, twelve (12) by thirty-five (35) feet, and twelve (12) by fifty Eiva (SS) feet. Vortical clearaws shall be minisennan fifteen (15) feet. 20 2 3.2.1 Reed ue t ion in above dimensions of required stalls shall be only by Class C special parmi.t. No such reduction shall paerait a stall length of Less than thirty (30) toot, a stall width of Less than (10) fact, or vertical clearance of lass than ten (10) fast. the subject asxisilssctsml innfiozation my be ravlad ere c=octed at OW tins, without notice. tb Warranty Is pnwidrd, either opravad cc implied. that the nonImplaW drmkpwet NilI in fact be debeadntid to be fsssibte after f 91 design deeeeleptis a stuUms am ccwplstsd. fir subject irntmestion, including illustrative dcadnp, is Fxalivinacy aed hypodod awl only, and additional architseabawl min is m dstcey, poor to devslesiasmal dwialas being finsltsmd. ,�„ �eiect�d Ert�-arts STRUCTURAL CONSIDERATIONS SudMU , SYSM The new parking garage is to convert connect directly to the existing structure, therefore the existing floor to floor height of 11'-0" is to be maintained. Since this new parking structure mey eventually convert to office or even file retrieval storage space? space nmt be allocated for mechanical systems In the ceiling. These constraints predicate the use of f la t slab construction with maximum column spacing of around 30 feet. Slab thickness would by around 8 inches. Garage live loads would be 100 pounds/sq. ft. Office live farads are calculated at 50 pounds/sq. ft., and storage live loads vary from 75 to 250 pounds/sq. ft. depending on proposed me. Due to the configuration amd size of the site, and the potential building height of 300 feet, shear walls will be required. Since space in the building interior is at a premium, it is suggested that the exterior wells be utilized as shear walls to conserve rentable interior space. These walls would most likely bear on eccentric footings at the property line. Soil conditions would of course influence foundation design. CaAM SFAC3M Since the first seven floors of the structure are i n i t i ally to be parking garage, column spacing for the entire building must respect this layout. Transfer columns may be required to accommodate the proposed "air rights" cantilever over garage No. 2. Some of the remaining concrete columns at the east wall conflict with the proposed traffic lanes and crust be removed. Support for the existing concrete beam can be achieved with a new adjacent beam supported by new columns at the new garage. An expansion joint is required at this location (See Exhibit 7). CONNB=MON TO GARAGE Two of the existing garage colun s an the east wall must be removed to accamodate the new access to the proposed garage. Since the existing beam ? at the slab edge has continuous reinforcement, a new beam can be added below and the load transferred to coluams in the new structure. (See Exhibit No. 7) . This connection may require a fire separation once the *air -rights" structure is k added above (see: fire sprinklers). t -12- s i r Y n 'OA Jec` axchi -al info�ticxn my be refused Qr c=ecoed art any atime, without notice. M warranty Etwided, eittm sWeSeed cc inplied, that the omtwplated dew1 will in fact be detendned to be le aftEr hill design &-mlcpnent sbudies are ccopleted. 7h& subject infoomtim, including l�ivt , is prelindnexy and hypoUoUc :l only, and additl=al architectural WXk is to dead dscieicm Ibt M finalized. �Y• r, i' I MU M ! 9mm elw�la Mlle !. - -- a wommuaa r•anwv lM ..aa aataM ut. rMMY�.iAI/�Y'rs r �_��,Y4% a • WATTS PROPERTY FEASl LILY STWY o yFr o LEM G9r410iN: �� � � st Q� vMW I Gomm Am !i* Q 4 A" scam tMln/, A87,y cffv 4,0 ACED jp '��, �prtid�tNGr MtA1l�l iMctublat� e%PnlNti£i;3 O A1R RiGKISFKE FGfeDR S dizE Mrt PLATE 5, REVlKl6N OF 4-18-87 lblw. 211 EKVA? rM D STYE SM C� L _ kow I,mcuc~ft y M. &S&t SQ. FT. Awl,po-97 in atb)wt atddtecbxal S tcn ticn say be revised cc cm. —bad at ar►p tim. wiexut natice. lb mnwty is Fmidedr eirtmr ra{ "—d or iapifedr Oat tte acrlbeaglatSed develapflerlt rill in fact be deWsdned to be feasible aflns full deedcxs deVrlc}arsrt abilies are caoleeed. '!he stsject inikttntirnr Jwlugm t1 uatxative &xwlnp. is freliairwy and hypotivtJcal WilTab addltlast ard-ltxtchrtal vat is mld tM, prior to 4mvIcrp ental dmiaiare brim finallmd. tS<i m r i t r �) M ttf + • eja�e�a • •�e r , r [!MIl1! I era" /Mgall! y,yyq• ' aw I lwoml a r�arern ar+�ca awra ------+ --ta a e a LM T—r-�— WATTS PROPERTY IFEASIBIMY STUDY�� TYPICAL PA;MWG MCK LEM � iImIiei eat�6ectu,sl ir,fc rsti� „�y a teviaea cr at t �cn letxa I t pail dk3winwIn fact ba &t-Wmd t. bp feas� eI aftm iirii�aesi [ Ixvvi+iea. either egxvmM cr fn itt ai aleriafQ,e ifilutix0.na�;"• is Etell�d„nry artt +ticai arty, ana eaaltsc eT ard,i a '„k 'mt'tebed. 2tat v. Ixkr 9 m No Can tAvm ANOVM s.. ft"amm AMAlgwMm" w4►. AMr wI"-is R COMMM A$AVMM MBAR e �t &W. let STREET •� �`+� I"t1 • �� • e ■r rtnrn■ ► r►aa► awar maw e • eww � r w er • Mew a►►m OMCO PLO*" it"m as iC+na�- VtIL/ice C4wttiLVltt, RK.MT Tt} R7t7teeN0 Qvte„ � T�*""T"'.,""*'-�r--t-+ a E.aSt671M�r. PMCIGING 6A9tARrt w ■ «r ii0:1►L j, ott tte 7u TOwEIr. ►OMCi j tt w WATTS PROPERTY FEASIBILI Y STUDY cc ,TYMCAL OFFICE LEMr ew d zs,dci�PigCEIATT F109R RfsiRtSs+wts, C�#b}g dgftlCE Ft[rit EsrlAwrEx�s t 1 y jtJf1L►TV ►/! A SaiCV1C6 CTfeE ,�j�yg11 utltftttvCr C0"01 #.4 Vv Y Wit AUM PWFA, F"s3tmR4t EatbgiaRS Pour�tUttveR wetfrt� tatAat►t lttatu OF • , ....„ M07 RE+cnwaE.r+CtEts FROM A UASIPMr- Rrow" &Cass t'fttSPCt Tl rE, A04NTtONAL. EteV410K S oFFKt< AQ�q TO wFvt2oruutA aG L t{ :.tfeatp St CAMMOCCM, a l"IcutntaY 1' LAIsq f7 — IF tTrlt mutr, is tms66 TO MVtq- rtaott IEt..►gitt EXTERfar- to(uws" 1 LIUS S4400I `2►- attyl BE tE ft V?tV# t Ert7.44t4tt. ,, ""'110Ct ACES l jP�t'QC7tt dcn corrrcst.,..,.,t I1Cda tttet tf! ^^" Y'IiitRli t 'M�� � i � SSA/ ti1�'� tilt tcLL. Ib mwrm*Y b RMIde i, efthm egxe W or }!ct snfaaetic"o iMfuiing ittnstzat3vr deeendn to taC fresitsle atta lbil tiewlgrt ciete7oprertt atudiea arr c gF,artea. , eutlazMtnttsl �dx4Wcm being fitatlaad. ie ptJ dnVy Nd typot� CM) tsLly, and WWt9amI mrMtectural work its #t4okys (xltae m 0 ill �I� I. I6�13'LlI.L111 11it l ill 111.11 1., J I 1 � I , 1111.1 1 Ill.i 1l [ I I i mm"m oil cm wrap. ai1M1®e `11D1s��®�®IMI1M01 an ommmunfami �I�r7�»a ���1B�I�d�llalH�! .I�I II I i i 1! oil 1I1Ill I. I I I gd. I I II ►rYrclpYEraie, COM EMAL PRAM AWAMCR >taVtw uff"w e r emu ew. aMAW resewm- 4c wc*Amm m.w M..,.rr. MOM THD RLi1eTRATION a offmam ONLY TO OHM THE POTENTIAL eUUD1G EN41LON AND PEItMffM GtwAZM APMM;ff a as No NAY W=NpW 90 CONBTITM A KMJ MN! OESEIGN. GARAGE WU MATH OUTPO 11IXT><IMM TREATMQNT SHORN N@R'i'ti ELEVATIONELEVATION 08 " Fm (SW. let STREET) t� MAXIMUM ALLOWABLE BL®Oa ENVELOPE Its ubjmt act twtuml ktmm*icn wy to rrytaM v azrwW at any+ tiwe, w1un t cotice. m warranty is Fuvj o, eiew avt err IM1149, tfat ► 0 wtoploW develapwnt wi11 in fact be &eCmwdcsi to be fewible after full dmigt &-m1c m stssiies are cuMlets& Vw object inecauaum' including ilhwtrative+ &Bmirm, is grlindrewy and tryotistical cniy, and aftUceal archttm-b"l walk is eeeY3atmy, friar to &-,elapwstel &Frisians bring f1m]I wd. a� �69 3 � Y W 0 0 1 7 r 111, l+'I1lll prill .l! 1 I��� it +ll I''j! l jl �! 1 I1!'I 11f1j1l g111ll 1 mm "a nmxTmnm a Rift"= ONLY TO 9"aw TOM POTEN79AL BURAlltti ENM1t1.OPE AND PWRatFsM GUWKO ARUA91IT IS Pt NO MAY 1NTENDW TO CONSITMT$ A e11R, M MIGIL EMT"" axw" ON TWATMENT llHOW" EMEMEN Ii1116Nt m t1ui114R m �i J 3 P F GLG ul Wl .91 t1l 4-4L to SOUTH ELEVATION ti a ao FEEr ���¢� t�aetcsrls �$Tlwwr rwlsswny FIP[lSV'%' � �r E3uS?IarG SE {d24Et URQfi,� CIU MAM 8()6. A" Al N"er.) 31Pt1l3 FPK 14irR1L' A4N A THIZO OFFICE SU1 MA- 51r1 MAXIMUM ALLOWABLE ELDG. ENVELOPE IMPA u r, SuilSlrl mA Y ME b Aeurty TO sue-rx++oe ,u51 SH091CA SAY V1 V1RS . r*w11 to T C:C stet wddttc mul Irfarmetlal may tc revised Q erected at any tiw, without nAlce. 1b warranty is garided, eiUvr agxraeed ar SsPlltld, ttwt ft eltzlteeplated develaaplenL will in fact be detetadtad to be feasible liner full design dewlcpmellt sbldies am :cmpleted. 'fie aiajer t lydbWw*ico, IMIU M 11h"txat1ve drawings, is pellobsty ard hypothetical cnly, and adlitirnal aceltltecbaal work is merdntcry, 1six tO deMlOpMntai decielarl being fimltaed. OPPORTUNITY Commercial Pen1ty Alliance, lac.. has structured it tinigw� development mnrrp! rntniIing thr purchncc T)rrrtn',er, 1096, of a T)n,= ntw� n Miami parking Ior by the City of )t.giami, 4vherehL, an sdjoininRpublic garage o!dl be expanded. The C.iry is required en build the r-, elrapr structure so as to accommodate P private "Pit rights" development of P minimum of 12 office floors over the varage expansion, including ground floor lobby and retail area, plus tequirrd service core. Commercial Realty is the exclusive marketing agent in sellir=.r the air and retail rights to a developer. NEW COUN! COUR1 COU Nl COU R'I MAIN METRC STATIC FEDER) BUILDI METRO -95 4CCES� 2AMPS BUILDING SITE FOR SALE WEST LAGLER STREET S.W. lot STREET IRDINES PEOPLE MOVER I'ATION U.S. JRNEYS 1ILDING -%n extensive presentation is available through Commercial Realty, however, the following facts and figures will be of initial interest to )ossible developers: ADDRESS: 56 S.W. 1st Street, Miami, Florida LAND AREA: 16,686 sq. ft. 'UBLIC GARAGE r Parking Garage No. 2, 90 S.W. Ist Street "O BE EXPANDED: [490 existing parking spaces to be expanded to approximately 740 parking spaces] :ANTILEVER: The air rights development may extend over the public parking garage to the west, increasing floor area to 17,956 +/- sq. ft., based on a recent architectural study. 'OTENTIAL Ground Floor Retail Space: 4,000 SF 'RIVATE Main Lobby, Utility Areas: 1,765 SF tEVELOPMENT: SUB -TOTAL 5,765 SF Office Tower Floor 1 (Above Garage) 16,333 SF Floors 2 Thru 12: (w/Cantilever) 197,516 SF SUB -TOTAL —" 213,849 SF TOTAL GROSS AREA 219,614 SF ALUE AND The property's good access, along with excellent parking and a site configuration allowing window views .JTURE TENANCY: from three sides, makes this a very desirable office building location. Future office tenancy may well be governmental agencies (eg. Federal GSA) or law firms. The ground floor retail area is good for a branch bank catering to the downtown legal community. Grubbr,Ellis December 18, 1989 1 The Honorable Miriam Alonso City of Miami Commission 3500 Pan American Way Miami, Florida 33131 Re: City of Miami Offices Dear Ms. Alonso: Af ter reading a recent article about the Ztji%tnr'sr>tr�mi+ee#�Ae�e, I would like to introduce you to the I0TNE First Avenue Building, also known as Miami's first federal government building built in 1913. The building itself is approximately 39,000 sq. ft. of which a part can be designated for storage space and also features a parking lot for 35 cars. The building is located between Bayside and the Dade County Government building with easy access to the Courthouse as well. Most recently the buildingwas used as the old AmeriFirst Bank building before they moved into their current location in 1983. Prior to that it was the downtown Post Office. As you can see the building has a lot of history and charm. With the proper renovation it would make a wonderful government building once again and would certainly add to the City's downtown revitalization efforts, ould love the opportunity to she"ou the building at your convenienceand have enclosed a brochure for your review. I will be calling you shortly to see if we can schedule an appointment to see the building. Respectfully yours, GRUBB & ELLIS OF FLORIDA, INC. M. CECILIA MARCET Office Properties Division MCMlme Enclosure Grubb & Ellis cif Florida, Inc. 848 IlrickvlI Avel1Ue, Suite 500, Miami, FL 33131 (305) 374-211 1 Broward: (305) 46 3-8668 Fax: (305) 381-6536 CI D USER BUILDINGPRICED TO LEASE 100 N.E. FIRST AVENUE PARKING INCLUDED IN YOUR RENT •* 39,000 ± Sq. Ft. Gross Building Size * 35 On -Site Parking Spaces w Former Retail Banking Facility and Offices Zoned CBU 1 /9 Suggested Uses: Law Firm, Bank. Stock Brokerage, School, Jev\-elr_v Exchange NML 93650-P - GrubbrEllis Commercial Brokerage Services For More Information Or Brochure Package Please Contact: �s�bbti Cyril McNeil, Cecilia Marcet, or David Klevens _ (305) 374-2111 — ' .t �. •- _.- .e . it :ay } �;^* t1^kn.�- .( �a _ .. ''' - • . wl... ... — ('�l tlrilr i (l1 nt Nn.•( fnn,T(ln nc unnn...un .v. -•'• - --" ri. f lfY (t(11A.. .... :-.-: . ..:: JIM Centrally located in the heart of the Downtown Miami central business district. within walking distance to the Courthouse, Miami Dade Wolfson Campus, Bayside, and other points of interest. • �.. � • .. ` - • .. �. � w . Sty .wtv vauW.ma.ni. . E 0 Cushman & W;ilcefidd of Florida, Inc:. Licensed P(,.qi 1-State Rrokcr5 800 Brickel! Avcnae, Suire 1200 Miami. FL 33131 (305) 371-4411 FebriLory 20, 1990 The Honorable Miriam Alonso Commissioner of The City of Miami 3500 Pan American Drive Coconut Gxvve, FL 33133 RE: Office Lease Proposal for Office Space in the Freedom Tower Office %d ding Miami, Florida Dear i0mmissioner Alonso: 0 We appreciate your interest in the Freedm Tower office building to aoo nnodate the office requiremeats of Zhe City of Miami (hereinafter refexa-ed to as the "City") . Pursuant to your request, outlined below are the term and conditions which we would propose to the City for a lease in the Freedom T wen office build- ing: MMI— NEE AND ADMES.S: Freedom Tower, 600 Biscayne Blvd., Miami, Florida, 33131 The second (2nd) thr trjh the fifteenth (15th) floors in their entirety, oonprising appr of mately 50,000 net rentable square feet. The precise square foot- age and oonfiguraticn of the prmi.ses will be depen- dent upon a determination of the City's requirement. TM: A Twenty (20) year lease $15.00 per net rentable square foot, triple net. IEASE RamAO II>fIS : n is proposal is based an the concept that the City will pay for its pro-rata share of the total cperat ing oasts of the project (including, but not limited to, utilities, management fees and the like) and their pro-rata share of meal estate taxes. In order to a=mplish this, a percentage allocation is estab- lished. For the purposes of this; lease, the percent- age allocation to the City for operating uses and }peal estate tares will be ninety pereent (90%) of the total operating arts and real estate taxes for the building. No warranty ar representation, express or impbed. is made as to the accuracy of the information contained herein. and same is submitted subieo to on Cii5hrnin & Wakefir+l of F)oridA, Inc. Ccxmmi.ssioner Miriam Alonso February 20, 1990 Page 2 Is # AS GC SE: Base renal payments shall i.ncxease annually in accordance with the annual increase in the Con- sumer Price Index (CPT) , all cities, Miami, Florida. Landlord will provide the City with twenty-five (25) camxed parking spaces and twenty-five (25) uncovered parking spaces at no additional TO PREMISES: Landlord will provide the City with the above -referenced premises in an "as is" aondi-- ticn and in addition will provide Tenant with a cash allowance of $20.00 per rentable square foot to be used solely for the improvements to be made to the City's premises. Of this allow- ance, no more than ten percent (10%) may be utilized for soft costs relating to the construc- tion of the City's premises, i.e. space plan- ning, interior design, construction documents and permit fees. Mie City will be responsible for the construction of the City's premises and will utilize a contractor fly acceptable to Landlord. The lease will provide for a rea- sonable amount of time for the preparation of plans and the construction of the City's space after which there will be a date certain for a lea . phis pmoposal cont later, a leaLw commernaement of January 1, 1991. LEASE aMIS: Triple Net (as defined in the hAlding standard lease). IT: A security deposit in an wa mt mutually says factory to both parties will be required upon lease execution. OPTION TO _ landlord is prepared to discuss options to renew the City's lease upon receipt of adequate notice at the prevailing market rental rates for ccu- parable office space at that time. AV Raw Cashman .R. V`akef+eld of Florida, Inc. Ominissioner Miriam A.lonso February 20, 1990 Page 3 U CD�ON ZnJ�XPAND: Landlord is prepared to di.scuw an option to expand either within the envelope of the exist- ing building or into a new building which would be constructed adjacent to the historic portion of the 7cxaer. Zhe amount, tuning, terms and conditions of this expansion option are a func- tion of the City's requ.isenwnt. QION TO Landlord is prepared to discuss an option to purchase the existing premises and future expan- sion premises on mubmlly satisfactory term when a determination of the City's requ.irpments has been made. While the proposal outlined above is skeletal in nature, we are hopeful that it provides a frame work for the consummation of a mutually beneficial lease txan_s- action. Zhis proposal shall amain in effect through March 1, 1990 and is sub- ject to the availability of the space, the approval of the partners of ZaminarFreedm TvAmx, Inc. and the execution of a imutually aeoeptalble lease agreemS--*it . OL-2wan & Wakefield will make no representation, and assumes no obligation, regar i q the presence or absence of toxic or hazardous waste or substances or other undesirable materials on or about the property which ultimately may be purchased or leased. It is solely the responsibility of the potential tenants or purchasers to conduct investigations to determire the presence of such materials. Please review this proposal carefully. We welcome any reactions or suggestions to tailor this proposal to suit your needs. In the event that terns of this pal are sat4 factory, we will gri.ckly prepare a lease in accordance with the foregoing conditions. Sinoex+ely, C saw & WAMU'IE<LD OF FI.ORIDA, INC. Allen C. P,PT/s9 Encl. ec: Mr. Zahid Raml.awi Mr. l bxJh Weidman Oi-, tman & Wfikefield of Floridn, Inc. i_ict,n5rd Real IFttare 1lroken 800 Brickel) Avcnue. Suite POO tti Aitarni, FL, 3313t (305) 371-4411 March 1, 1990 The Honorable Miriam Alonso Commissioner of The City of Miami 3500 Pan Anerican Drive Coomit Grove, FL 33133 ATR Dear Qcm,,iissic ner Alonso: We appreciate your interest in the Freed= Tower office building to atio mtodate the office requiremm-ifis of The City of Miami (hereinafter referred to as the "City"). Pursuant to your request, outlived below are the texms and om-ditions which we would propose to the City for a lease ini the Freedom 'Icwer office building: BUIMING WZ AND ASS: Freedom Tower, 600 Biscayne Blvd., Miami, Florida, 33131 PRIIKISES: The second (2nd) through the fifti (15th) floors in their entirety, Comprising approxi- mately 50,000 net rentable square feet. The precise square footage and configuration of the premises will be dependent upm a determination of the City's requi.rewnt. A Zwenty (20) year lease GCCFl�4N'I` I1'E • January 1, 1991 BASE CAI,: The annual base rental for the premises shall be $15.00 per net rentable square foot, triple net. SE WE AQ7p��: 7iuis proposal is based on the concept that the City will pay for its pro -rats share of the total cperating costs of the project (including, but not limited to, utilities, manm1went fees and the like) and their pro-rata share of real estate taxes. In order to a=ctrplish this, a percentage allocation is established. For the purposes of this lease, the percentage alloca- tion to the City for operating expenses and real estate taxes will be ninety percent (90%) of the total operating costs and real estate taxes for the building. No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subfeci to errors. omissions, change 0 price, rental or other conditions, withdrawal without notice, and to any special !sting conditions, unposed by our principals. Cmshmnn A- V'aktfield of Flnridi, Inc. Ccmmi.ssiarvar Mirism A1arkso Mardi 1, 1990 Page 2 I] Lase rental payments siaall a00DrC aaxP_ with the annual surner Price Index (CPI), Florida. increase wily in increase in the con - all cities, Mimi., Pam; Landlord will pXavide the City with twenty-five (25) OUverSd parking spaces and twenty-five (25) uncm%red parking at no additional charge. goy-EMEMSTt�REMi_M ISMLandlord will provide the City with the above -referenced premises in an "as is" cxondition and in additic n will provide Iftiant: with a cash allowance of $20.00 per rentable square foot to be used solely for the itaprovewnts to be made to the City's premises. Of this allowance, no mom than ten Peroent (10t) may be utilized for soft costs relating to the consknictian of the City's pre- mises, i.e. space planning, interior design, con- struction doammts and permit fees. The City will be bible for the omwbar tion of the City's premises and will utilize a contractor reasonably acceptable to Landlord. Rhe lease will provide for a reasonable amount of time for the pr+eparaticn of playas and the omwtntctioan of the City's space after which there will be a date certain for a lease couwxioement. This proposal contetplates a lease ocamenoement of January 10, 3.991. DWI Triple :Vet (as defined in ttaa building standard lease) . � RITY DEPOsrr: A security dqx)sit in an apt mutually satisfac- tory to both parties will be required upon lease executicn. PPillt N 70 RENEW: Landlord is prepared to discuss options to renew the City's lease upon receipt of adequate notice at the prevailing market rental rates for omi- Parable offioe space at that time. s • a' a 81 i • i Landlord is prepared • expand either within the Wilding or into a new constructed d a d j aoent to the Tower. Mie amount, tic ns. of this eagaansiona the City's requirement. :o discuss an option to Qatvelope of the adzting building which old be the historic portion of timing, terms and condi.- option are a function of Cuslimin & W7;Aefeld of Florida, Inc. Ctmi ssiamr Miriam Al:onso March 1, 1990 Page 3 OP17ON M PUhXRI�SE: Iandlord is prepared to disaass an option to pur- chase the existing premises and future expansion premises on mutually satisfactory tex-nn when a determination of the City's requirements has been made. While the proposal outlined above is skeletal in nature, we are hopeful that it provides a frame work for the oanszmmaticn of a mutually beneficial lease trans- action. This proposal shall remain in effect through Mare 1, 1990 and is sub- ject to the availability of the space, the approval of the partners of Zar►ni =-Fkeedrsn Tower, Inc. and the motion of a mutually acceptable lease agxemnent. Cusbran & Wakefield will make no reprewntation, and assmnes no obligation, regarding the presence or absence of toxic or hazarckms waste or substances or other undesirable materials can or about the property which ultimately may be pursed or leased. It is solely the responsibility of the potential tenants or piers to conduct investigations to determine the presence of such materials. Please review this proposal carefully. We welecm any reactions or suggestions to tailor this proposal to suit your heeds. In the event that terms of this proposal are satisfactory, we will quickly prepare a lease in a000rdance with the foregoing vand.itions. sincerely, c.c. Haiorable Mayor Xavier Suarez Honorable Ctrnissioner J. L. Plumrer Horxmable Ckmmissianer Miller Dawkins Honorable cxami.ssicner Victor De Yurre Mr. Cesar Odio, City Manager Mr. herb Bailey, Assistant to City Manager Mr. zahid Raml.awi Mr. Hugh Weidman skel " orb. MAN (3W 577.7.945 February 28, 1990 BY HAND The Hon. Dr. Commissioner City Hall Miriam Alonso - City of Miami 3500 Pan American Drive Miami, FL Re: Proposal for City Administrative Office Space Dear Commissioner Alonso: This law firm represents Inter.cap Bayside Joint Venture, the owners of the 75,000 square foot block of land located between Biscayne Boulevard and N.E. 2nd Avenue, and between N.E. 8th Street and N.E. 9th Street (the "Property"), in the heart of downtown Miami. We believe the Property would be an excellent site for the City of Miami's administrative offices. Adjacent Amenities. The Property has excellent access to a number of aesthetic and other amenities in the downtown area. It is located directly on Biscayne Boulevard, with a full unobstructed bay view. It is across the street from Bicentennial Park, and only a few blocks from the Bayside project and from Bayfront Park. The future Park West Metromover station will be located immediately across N.E. 2nd Avenue from the Property, between N.E. 8th and 9th Streets. Regulatory Status. At the present time, the City of Miami Comprehensive Neighborhood Plan designates the Property as "Restricted Commercial", which permits a full range of commercial, office and residential mixed uses. The Property is presently zoned CR-3/7 and CG-1/7, which also permit a range of commercial, office and residential uses. The form of zoning for the Property may be subject to technical revision with the upcoming amendment of the City's zoning ordinance. Development Options. Our clients are proposing to make the Property available to the City, for use by the City for administrative office space, through a variety of different options. These'include a sale of the Property, a lease of the Property, a "build to suit" arrangement, or a public -private Joint venture. Our client is flexible regarding these options, afi► r,oiild welcome the opportunity to discuss each of these options f .:Y Miomi 0006 515 Nor9t Fleeter (rive 440 Royal Palm Way 216 SaAh Momm 40M OWilh eat FrtMICW Cet W 1200 NX t nd(ie Centre 1 Fakn Beach, FL 33480 Suite 601 MW tll Ft..33131.2398 West Palm Beech, FL 33401.4307 (40n 830.7200 Tate. FL 32301.1W4 MQ 6"-26W (407) WO- nw (904) 222 -2300 Fare 005) WO-1418 Fax. (407) M-15M Fax (W4) 222-8410 St"l Moor & Dal The Bon. Dr. Miriam Alonso February 20, 1.990 Page Two in detail with you and with member6 of City staff. While the first three options described above are self-explanatory, we believe the "public -private joint_ venture" alternative requires some further elaboration. Public -private Joint venture. We propose to enter into a public -private joint venture with the City of Miami to build and operate City administrative office space. Our clients would form a joint venture with the City of Miami, and contribute the Property to the joint venture. Our clients would agree to build, and the City would commit to lease, an agreed upon amount of office space in this new building. Ile understand, at the present time, that the City anticipates requiring 150,000 to 200,000 gross square feet of office space. Our clients would retain development rights for the remainder of the Property and would be permitted, subject to compliance with all applicable City laws and regulations, to develop the remainder of the Property for a range of office, retail, hotel and residential uses. Of course, all appropriate security issues would be addressed so that other tenants of the building, their guests and invitees, could not access City office space in an unauthorized manner. Financing. We believe that there are ways to structure an agreement with the City that would allow the joint venture to take advantage of tax exempt financing on the public use portions of the project.. in addition, we would be willing to explore the concept of providing a parking facility which would be :sufficient to address needs identified by the Department of Off -Street Parking, and in such event we believe that bond financing could be used to finance a portion of the parking garage construction. Cost to City. By taking advantage of these innovative financing opportunities, we believe that we will be able to offer the City an extremely attractive rental rate for these facilities. If it is desired by the City, we are willing to negotiate an option to purchase the office space by the City. In the alternative, if the City wishes to purchase the office space rather than lease it for a period of time, we are willing to consider that option. Advantages. We believe that there are a number of advantages to the arrangement we have identified. ° Financially competitive and attractive. Adjacent to Met.romover station, promotes Metrorail and Metromover ridership. A Steel Hector DaN+4 The Hon, Dr. Miriam Alonso February 28, 1990 Page Three 6 Property is located within the Southeast Overtown/Park West DRI area -- our proposal will provide an economic boost and development incentive to this area, and a much needed City commitment to the Overtown area. Since our property is in the Southeast Dvertown/Park West tax increment district, tax revenues from the project will be used within Southeast Qvertown/Park West for critical infrastructure needs. ° Allows consolidation of all City office space. ° Provides breathtaking views of Biscayne Bay. ° By entering into the proposed joint venture, the City will free up its Dinner Key holdings for a ,revenue generating Unified Development Project. Materials Enclosed. We are enclosing for your consid- eration an aerial photograph of the Property, a brochure describing the Property, and an artist's rendering of the type of building which could be constructed on the Property and house City admini- strative office space. I had planned to attend the public hearing at City Hall at 6:00 p.m. on Thursday, March 1, 1990 in order to present our proposal to you. However, I regret that a death in the family has required me to be out of town at this time, and I am therefore submitting our proposal in writing. One of the owners may attend the March 1, 1990 hearing. My clients and I would welcome the opportunity to discuss this prop al with you personally in greater detail at your/+rlie cienience. Si JB: rd Enclosures cc: Clerk, City of Miami Ms. Mercy Lopez Mr. Matthew Schwartz, DDA Mr. Herb Bailey, Dept. of Development Mr. Jack Mulvena, Dept. of Off -Street Mr. Clifford Suchman Mr. Lawrence Suchman Mr. David Weaver Isis . Dorothy Weaver tJOWNTOWN 75_000 5q. Ut. iDt La ! M Biscayne (Pentrum ARENA & EXHIBITfOIV CENTER A International finance, trade and business center * $3 billion of new construction in the eighties. A "Port of Miami" (2 million passengers ,,ear) e $20 million renovation of "Bavfront Park" with baywalks, amphitheatre, fountains, and gardens 0 Rouse's $93 -million "Bayside Project" • Decoma Venture's 5205 million "Biscawne Centrum" arena and exhibition center * Extension of the "People Mover" along N E. 2nd Avenue to Omni. Tayside SiDeveloper: The Rouse Co. • 235,000sq. ft. of retail including restaurants, shops, markets, pavillions & entertainment A 1,400 parking spaces • 208 slip marina • 15 million visitors per year projected 40 Other Rouse projects: New York: "Southstreet Seaport" Boston: "Faneuil Hall Marketplace" Baltimore: "Harborplace" .Uiscayne Untrum 0 Developer: Decoma Venture (includes Astrodome's "Houston Sports Assoc.") 0 28 acre site, bounded by N.E. 8th St. to N.E. 6th St. and N.E. 2nd Ave. to N.W. ist Ave. ® Served by two People Mover stations and the Overtown Metrorad station. • PHASE 1 18,000 Seat Arena 200,000 sq. ft. Exhibition hall 84,000 Sq. Ft. Meeting Space Parking Garage cm El :.4 AAAA I ji4iA.14i3. N JA S A",.* NE I st A,e�vo SE Znd Av"*,. N rN�dA,.,,..*� ELL] IM 'iscayne i 'LR &e"entrum LIE — "All --S—CB.JE,-CT --- PROPERTN SHAME 0. MOM Ellfolte Co. REAL F51 AT F, PROKFR N.E. 2nd AVENUE BISCAYNE BOULEVARD SITE LOCATION & DIMENSIONS A,, s ,,a r,c ,, es -e 1S C11 a- I H--, ..f a, e -,)I �esn—s t, e "I, — Swiall-l—; 's 1141! 1 gatj� c,-- ", — —1 —, 11 , � 'r ;l 1 11 I — .e 1, n, .:., —at i, 4 I pV:e a, S ,, J, ,,.a —j ' 1" S I ;I 'CAr, p it r 4 r se b - ,arc s�a iuDD! lec �lelf sf`.U,c -0! ",d wc—a!,r nc nen,,en! _ . Ron! Fe11.4to Co. LJCENr-Fr) REAL FSTATt BROKER ® Full city block ® 75,000 square feet of land 0 Two buildings of 12,000 and 9,000 sq. ft. • Zoned CR-3; 7 and CG-1 (commercial hi -rise mixed use) ® Biscayne Boulevard frontage • Unobstructed Bay view • Location of future "People Mover" station • Across from revitalized City of Miami's Bayfront Parks o Two blocks from Rouse's "Bayside" o Next to future "Biscayne Centrum" arena and exhibition center 'RICE: $11,250,000 Terms Are Available FOR FURTHER INFORMATION CALL: Clifford L. Suchrman, Broker -Salesman Lawrence E. Suchman, 'Vice -President (305) 667-6461 9205 South Dixie Highway, Miami, Florida 33156 Any ' rorn,anon herew tin :s ubta:nd e'ro,n sources we consider relatw Ho.rre.er we are not tespons,ble lot misstatements of iac's. ertors. omtswns prior w;e. .;:hdrawa. trom market. moddicaeron of mortgage cornm:tment. terms and conditions or change inprxe aahoal notKe The ,mormanon supplied herein; for rtn .lorallonM purposes only and shah not consh Lute a wa+ranty or assurance that said rtaorme:s n it correct Any person intending to rely upon, the :n'ormation ,, ppiwd nerem snou.d .enly sma information mdependiii �1 A I R P OR T 9(06(0 LIMITED PARTNERSHIP February Sth, 1990 Mr. Cesar Odio, City Manager CITY OF MIAMI 3500 Pan American Drive Manager's Office Miami, Florida 33133 Re: Urban Development Action Grant Loan Payment Dear Mr. Udio: The first payment due January 31, 19B9, in the amount of $80,B18.59 on the Airport Seven Urban Development Action Grant (UDAG) Loan was rescheduled to be paid on or before September 30, 1989. A second installment for a like amount was also due to be paid on January 31, 1990. The total amount due to the City of Miami amounts now to $1619637.18. As we had previously informed you during the last three years Airport Seven has been unable to reach a breakeven point in order to cover the expenses and Debt service of the building. Finally, we have reached an B6.40% occupancy in the building bringing us to a breakeven point in the operation of the building. However, we still lack the funds to pay the amount due to the City of Miami at the present time. In order to solve the above mentioned situation we would like to propose that the available space at the building be leased to the City of Miami at a reasonable price per SF in accordance with the market conditions of the area. We presently have 4640 SF of rentable area available in the Ground floor and approximately 109680 SF of rentable area available in the Seventh floor for a total of 15,320 SF of rentable area available at the Airport Seven building. If this proposal is accepted by the City, part of the office lease payment will be applied to the principal and interest due on the Urban Development Action Grant (UDAG) Loan. Therefore, bringing this loan to a current status and providing your personnel with a convenient, functional new office building located near the Miami International Airport on N.W. 7th Street, a primary access to the major thoroughfares of Red Road, Le Jeune Road, Douglas Road and the B36 Expressway within the Miami City limits. The other goal -that will be accomplished is that because the building is occupied at 100% the Cash flow will reach a positive point hence helping to secure a new loan in order to pay for the construction of an additional upper deck parking, payment of Real Estate Taxes and other related obligations of the building. 5040 N.W. 7th STREET. SUITE 670, MIAM1, FLORIDA 33126, PHONE: (305)444.3653 Mr. Cesar Odin February b, 1990 page We respectfully request that you take in consideration our proposal in order to find a solution to this situation. Sincerely, AIRPORT 5040 LIMITED PARTNERSHIP By: C- General Partner /mpi cc: Mr. Frank Castaneda, Director Department of Community Development 0 Cesar Odio, City City Of Miami Mi ami , F1 on da Pear Mr. Odic, N �r I L.I IJ, V,n, M— Y r�R^r+oivr RSA-o�ow June 12,1989 Manager There has been much publicity recently about pro- posals that were offered to the City of Miami for a new City Hall and Administration building. There is apparent disagreement concerning the location of • as well as the terms under which the city would occupy a new City Hall. In fairness to local property owners and the people of Miami we think that the logical thing to do is for the City Commission to put out an RFP (request for proposals) giving an opportunity to all inter- ested parties tooffer proposals for a new City Hall. The City Commission and the City Manager could then evaluate and compare all of the offers. These could then be compared to the development,funding, and = operation, of the city`s own building on its own property in the government center. We think that by following the RFP process the city will be able to obtain the best deal possible. We believe that the location of tUe administration building is of important concern to all, residents of our great city and, whatever decision is made, we shall all have to live with it for years to come. There,we respectfully suggest to you that you re- quest the City Commission to issue an open invita- tion as to an RFP before making any final decisions. As the undersigned,our interest in this matter per- tains to property we own at West Flagler Street and Second Avenue directly opposite the government center. -2- This entire block is available,with projected con- struction of two fifteen -story towers of 150,000 square feet each. This location,across from the government cehter,is in close proximity to the Mtrorail station and practically unlimited parking makes it ideal for one of the towers to be used by the city for a new, modern City Hall and Administration building. It is conceivable that the second tower would be available for future expansion,if needed. Enclosed is an area map indicating the subject prop- er-ty and its proximity to the present city facilities. We are prepared to make a proposalon immediate con- struction with favorable lease terms with a favor- able option to purchar::. As we stated before, we think that the fair and logical thing to do is to put out a request for proposals with a time limit so that anyone can have the opportun- ity to offer a proposal. All property owners in this area and other locations in the city will have an equal opportunity to participate. We are prepared to participate in this procedure. Sincerely, L 3�ck Seitlin,DDS lose P. Bared CC/ Mayor Suarez,Commissioners Dawkins,De Yurre, Kennedy,and Plummer. �rSi4 QhLK riwlSll 'i H�!a �' A.Y�fl lft Cesar Odio, City Manager City of Miami Miami; Florida Dear Mr. Odi.o, December. 5, 1989 Ret New City Hall & Administration Bld. Enclosed please find a copy of a letter to you dated June 12, 1989 referring to the proposed new City hall and Administration Building. As owners of property adjacent to the downtown gover- ment center, we are again suggesting that the city commission put out an RFP for all interested parties to offer proposals for a new City Hall. We are suggesting that private interests can deliver a complete acceptable package that will adequately fulfill the cities needs. A new, modern building that will satisfy all of the city of Miami's requirements for many years to come, can be built economically and relatively quickly. Our property at West Flagler Street and Second Avenue adjacent to the goverment center is in close proximity to the present City of Miami office building - We propose the following: 1) A minimum rental rate below the average for qua- lity downtown office space without increase for twenty years. 2) A lease that can be canceled without penalty by the city at the end of each fiscal year. 3) At the end of the lease period the county will own the building for a $ 1. purchase price. The above are the principal facts of the lease proposals. Continue ra _,2_ In addition to the above, we suggest that the city's architects can help develop the plans 'to fulfill. the needs of each department. To make this a fair deal for all., we propose that the city commission suggest several general contractors, who along with our no- minees will bid on the construction contract. It is our suggestion that this proposal be considered as an alternative construction of a building by the city. We shall be glad to present this to you in greater detail. Sincerely, Jack Seitlin, D.D.S. for Jose P. Bared for William Chapmar,,D.D.S. cc: Mayor Suarez Commi ssi oner:i Alonso Commissioner Dawkins Commissioner DeYurre Commissioner Plummer a JACK ,Vt. Pn1 7+Y/R.T T F. �.S^NOM1tL SItF /1•['f�JT June 12,1989 Cesar Odio, City Manager City Of Miami Miami, Florida Dear Air. Odio, There has been much publicity recently about pro- posals that were offered to the City of Miami for a new City Hall and Administration building. There is apparent disagreement concerning the location of -as well as the terms under which the city would occupy a new City hall. In fairness to local property owners and the people of Miami we think that the logical thing to do is for the City Commission to put out an RFP (request for proposals) giving an opportunity to all inter- ested parties tooffer proposals for a new City Hall. The City Commission and the City Manager could then evaluate and compare all of the offers. These could then be compared to the development,funding, and operation of the city's own building on its own property in the government center. We think that by following the RFP process the city will be able to obtain the best deal possible. We believe that the location of the adn nlstration building is of important concern to all residents of our great city and, whatever decision is made, we shall all have to live with it for years to come. Tbere,we respectfully suggest to you that you re- quest the City Commission to issue an open invita- tion as to an RFP before making any final decisions. As the undersigned,our interest in this matter per- tains to property we own at West Flagler Street and Second Avenue directly opposite the government center. -2-- This entire block is available, with projected con- struction of two fifteen -story towers of 150,000 square feet each. This location,across from the government cebter,is in close proximity to the Mtrorail station and practically unlimited parking makes it ideal for one of the towers to be used by the city for a new, modern City Ball and Administration building. It is conceivable that the second tower would be available for future expansion,if needed, Enclosed is an area map indicating the subject prop- erty and its proximity to the present city facilities. We are prepared to make a proposalon immediate con- struction with favorable lease terms with a favor- able option to purchasz;. As we stated before, we think that the fair and logical thing to do is to put out a request for proposals with a time limit so that anyone can have the opportun- ity to offer a proposal. All property owners in this area and other locations in the city will have an equal opportunity to participate. We are prepared to participate in this procedure. Sincerely, Eck Seitlin,DDS Jo s e P. Bared CC/ Mayor Suarez,Commissioners Dawkins,De Yurre, Kennedy,and Plummer. 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