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HomeMy WebLinkAboutCity Commission Fact SheetCITY COMMISSION FACT SHEET File ID: 14107 Title: AN ORDINANCE OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), RECOMMENDING APPROVAL OF A THIRD AMENDMENT TO A PREVIOUSLY APPROVED DEVELOPMENT AGREEMENT, PURSUANT TO CHAPTER 163, FLORIDA STATUTES, BETWEEN SWIRE PROPERTIES, INC. ("APPLICANT"), AFFILIATED PARTIES, AND THE CITY OF MIAMI, FLORIDA ("CITY"), BY MODIFIYING THE EXISTING SAP REGULATING PLAN, AS AMENDED AND DESIGN GUIDELINES TO REFLECT CERTAIN REVISED BUILDING PARAMETERS FOR THE ONE BCC SIGNATURE OFFICE CONCEPT, LOCATED AT APPROXIMATELY 700 BRICKELL AVENUE, 710 BRICKELL AVENUE AND 799 BRICKELL PLAZA, MIAMI, FLORIDA, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED, TO MAKE PROVISION FOR THE ONE BCC SIGNATURE OFFICE DEVELOPMENT, AN ALTERNATE CONCEPT FOR THE ONE BCC PARCEL, WHICH MAY UTILIZE CERTAIN DESIGN FLEXIBILITIES THAT INCLUDES LARGER TOWER FLOORPLATES; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE THE DEVELOPMENT AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE; CONTAINING A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. LOCATION: Generally Located in the Eastern Portion of the Block Bounded by SE 7th Street on the North, SE 8th Street on the South, the 8th Street Metro Mover Right -of Way to the West, and Brickell Avenue on the East. Approximately, 700 Brickell Avenue, 710 Brickell Avenue, 799 Brickell Plaza [Commissioner Ken Russell - District 2] APPLICANT(S): Spencer Crowley, Esq., on behalf of Swire Properties, Inc PURPOSE: The developer seeks approval to a third amendment to a previously approved Development Agreement to make provision for the One BCC Signature Office development, an alternate concept for the One BCC parcel, which may utilize certain design flexibilities that includes larger tower floorplates. FINDING(S): PLANNING DEPARTMENT: To be discussed. PLANNING, ZONING AND APPEALS BOARDS: Not Applicable City of Miami File ID: 12064 (Revision: A) Printed On: 2/23/2023 City of Miami City Hall Legislation 3500 Pan Ameican Drive g Miami, FL 33133 Ordinance www.miamigov.com Enactment Number:14107 File Number: 12064 Final Action Date: 9/22/2022 AN ORDINANCE OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), RECOMMENDING APPROVAL OF A THIRD AMENDMENT TO A PREVIOUSLY APPROVED DEVELOPMENT AGREEMENT, PURSUANT TO CHAPTER 163, FLORIDA STATUTES, BETWEEN SWIRE PROPERTIES, INC. ("APPLICANT"), AFFILIATED PARTIES, AND THE CITY OF MIAMI, FLORIDA ("CITY"), BY MODIFIYING THE EXISTING SAP REGULATING PLAN, AS AMENDED AND DESIGN GUIDELINES TO REFLECT CERTAIN REVISED BUILDING PARAMETERS FOR THE ONE BCC SIGNATURE OFFICE CONCEPT, LOCATED AT APPROXIMATELY 700 BRICKELL AVENUE, 710 BRICKELL AVENUE AND 799 BRICKELL PLAZA, MIAMI, FLORIDA, AS MORE PARTICULARLY DESCRIBED IN EXHIBIT "A," ATTACHED AND INCORPORATED, TO MAKE PROVISION FOR THE ONE BCC SIGNATURE OFFICE DEVELOPMENT, AN ALTERNATE CONCEPT FOR THE ONE BCC PARCEL, WHICH MAY UTILIZE CERTAIN DESIGN FLEXIBILITIES THAT INCLUDES LARGER TOWER FLOORPLATES; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE THE DEVELOPMENT AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, FOR SAID PURPOSE; CONTAINING A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the "Brickell CityCentre Special Area Plan ("BCC SAP") consists of approximately +/-13.96 acres (608,097 square feet) of selected parcels generally bounded by Brickell Avenue to the east, Southwest 1 Avenue to the west, Southeast 5 Street to the north, and Southwest 8 Street to the south in Miami, Florida ("Property"), as more particularly described in Exhibit "A," attached and incorporated; and WHEREAS, Section 3.9 of Ordinance No. 13114, the Zoning Code of the City of Miami, Florida, as amended ("Miami 21 Code") authorizes Special Area Plans ("SAP"), the assembly, and master planning of parcels greater than nine (9) abutting acres in size; and WHEREAS, pursuant to Section 3.9.1.f. of the Miami 21 Code, development within an SAP shall be pursuant to a recorded development agreement; and WHEREAS, Swire Properties, Inc. ("Applicant") has applied for a fourth amendment to a previously approved SAP to the City of Miami ("City") for the amendment of the Brickell City Centre SAP ("Project"), and in association with that application, the Applicant has requested approval of a third amendment to the Development Agreement pursuant to Chapter 163 of the Florida Statutes, attached as Exhibit "A"; and WHEREAS, a fourth amendment to the previously approved BCC SAP, Regulating Plan and Design Guidelines, makes provision for the One BCC Signature Office development, an City of Miami File ID: 12064 (Revision: A) Printed On: 2/23/2023 alternate concept for the One BCC parcel, which may utilize an alternate building configuration including larger tower floorplates; and WHEREAS, an amendment is necessary to respond to changing market conditions by allowing for an alternate building configuration to attract global financial service and technology companies that require workspaces featuring increased visibility, flexibility, efficiency, volumetric space, and strategic co -location; and WHEREAS, the City and Swire wish for the development of the Project to proceed substantially in accordance with the amended Regulating Plan and Design Guidelines; and WHEREAS, the City and Swire wish for the development of the Project to conform with the requirements of the Miami Comprehensive Neighborhood Plan ("MCNP"); and WHEREAS, the Project is located in the Downtown Development of Regional Impact ("DDRI"); and WHEREAS, as of the date of the Third Development Agreement, the DDRI has sufficient development capacity to accommodate the Project and Swire intends to reserve such capacity with the City; and WHEREAS, the lack of certainty in the approval of development can result in a waste of economic and land resources, discourage sound capital improvement planning and financing, escalate the cost of housing and development, and discourage commitment to comprehensive planning; and WHEREAS, assurance to the developer that it may proceed in accordance with existing laws and policies, subject to the conditions of a development agreement, strengthens the public planning process; and WHEREAS, Swire and the City are finalizing the negotiation of the terms of the development agreement; and WHEREAS, the City Commission, after careful consideration of this matter, deems it advisable and in the best interest of the general welfare of the City to approve or deny the third amendment to the previously approved Development Agreement attached hereto, in a form acceptable to the City Attorney, as hereinafter set forth; NOW, THEREFORE, BE IT RESOLVED, BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Ordinance are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The Development Agreement, pursuant to Chapter 163 of the Florida Statutes, between the Applicant and the City, to govern the development of the Subject Properties, is hereby approved. Section 3. The Development Agreement is applicable only to property owned by Swire and affiliated parties, subject to the development parameters set forth therein. City of Miami File ID: 12064 (Revision: A) Printed On: 2/23/2023 Section 4. The City Manager is authorized' to execute the Development Agreement, in substantially the attached form, for said purpose. Section 5. If any section, part of a section, paragraph, clause, phrase or word of this Ordinance is declared invalid, the remaining provisions of this Ordinance shall not be affected. Section 6. This Ordinance shall become effective immediately upon its adoption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: 1 i ria nds�zC ty ttor ey 7/19/2022 ' The herein authorization is further subject to compliance with all legal requirements that may be imposed, including but not limited to those prescribed by applicable City Charter and City Code provisions. 2 This Ordinance shall become effective as specified herein unless vetoes by the Mayor within ten (10) days of the date it was passed and adopted. If the Mayor vetoes this Ordinance, it shall become effective immediately upon override of the veto by the City Commission or upon the effective date stated herein, whichever is later. City of Miami File ID: 12064 (Revision: A) Printed On: 2/23/2023