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HomeMy WebLinkAboutR-87-0373i J-87-378 4/21/87 RESOLUTION NO. 13773731, A RESOLUTION AUTHORIZING AND DIRECTING THE CITY MANAGER TO EXECUTE A PRELIMINARY DEVELOPMENT AGREEMENT (PDA) WITH THE FLORIDA DEPARTMENT OF COMMUNITY AFFAIRS (DCA), IN SUBSTANTIALLY THE FORM ATTACHED, FOR THE DEVELOPMENT OF PHASE I OF THE SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT PROJECT. WHEREAS, by agreement with the Florida Department of Community Affairs dated June 24, 1985, as amended, the City, through the Downtown Development Authority (DDA), committed itself to submit an Application for Development Approval (ADA) for Downtown Miami as a Development of Regional Impact (DRI) pursuant to Section 380.06(21), Florida Statutes; and WHEREAS, said agreement was entered into to expedite the development of the Bayside Specialty Center and the Bayfront Park Redevelopment projects; and WHEREAS, by Resolution No. 86-622 the City Commission authorized the preparation of an ADA for the Southeast Overtown/Park West Redevelopment Project inasmuch as the Park West portion of the Project area lies within DDA boundaries; and WHEREAS, by Resolution No. 87-90 the City Commission approved the transmittal of the ADA for the Southeast Overtown/Park West Redevelopment Project DRI to the South Florida Regional Planning Council; and WHEREAS, selected Phase I developers (Resolution No. 85-393) of the Southeast Overtown/Park West Redevelopment Project are ready to commence construction; and WHEREAS, Florida Statutes, 380.032(3) and 380.06(8), require that a Preliminary Development Agreement (PDA) be entered into with the Florida Department of Community Affairs to allow construction to begin prior to the issuance of a Development Order under the ADA for the Southeast Overtown/Park West DRI; 77AP mma= ING OF ATTACHME,NTS ao �e CONTAINED Page No. 1: Li t NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Manager is hereby authorized and directed to execute a Preliminary Development Agreement with the Florida Department of Community Affairs, in substantially the form attached, for the development of Phase I of the Southeast Overtown/Park West Redevelopment Project. PASSED AND ADOPTED THIS 30th day of April , 1987. �>RAPV-IERL. SUARE , MAYOR ATTEST: R'�" niz c,1041MATTY HIRAI, CITY CLERK PREPARED AND APPROVED BY: o-44."& RT F. CLARK, APPROVED A$ TO FORM AND CORRECTNESS: Page No. 2 0 PRELIMINARY DEVELOPMENT AGREEMENT FOR SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT PROJECT - PHASE I This Agreement is entered into between the City of Miami ("Owner"), Cruz Development Company, Can -American Realty Corporation/Northport, Indian River Investments of Miami Inc., and Circa/Barness/Sawyer ("Developers") and the State of Florida, Department of Community Affairs ("Department") subject to all other governmental approvals and solely at the Owner's and Developers' own risk. WHEREAS, the Department is the state land planning agency having the power and duty to exercise general supervision of the administration and enforcement of Chapter 380, Florida Statutes, which includes provisions relating to developments of regional impact (DRI); and WHEREAS, the Department is authorized to enter into preliminary development agreements pursuant to Subsections 380.032(3) and 380.06(8), Florida Statutes (1985), and Rule 9J- 2.018, Florida Administrative Code; and WHEREAS, the Owner is a Florida municipal corporation, which owns in fee simple approximately 29 acres of the total proposed Southeast Overtown/Park West Community Redevelopment Project comprising a total of 209.38 acres located in Dade County, Florida, more particularly described in Exhibit "A" to this Agreement. WHEREAS, Developers, Cruz Development Company is a General Partnership; Can -American Realty Corporation/Northport is a Minnesota corporation; Indian River Investments of Miami, Inc., is a Florida corporation; and Circa/Barness/Sawyer is a General Partnership. The Developers propose to construct a project known as the "Southeast Overtown/Park West Community Redevelopment Project -Phase I" hereinafter referred to as "the Project." WHEREAS, the Project consists of phase one of three total phases of the redeveldpment effort with Phase I development action surrounding the Overtown Metrorail Transit Station. Phase I development activities are scheduled to occur between 1986 and 1992, and result in approximately 2000 housing units, 166#000 square feet of office space, and 661,200 square feet of retail V space. Also, Phase I anticipates the development of an exhibition hall containing 290,000 square feet, and a 16,500 seat sports arena ("Miami Arena") which is already under construction. Development Approval for the Miami Arena DRI has been submitted for approval by the Miami Sports and Exhibition Authority. t WHEREAS, the Project Phase I is located within the boundaries of the "Southeast Overtown/Park West Redevelopment Project area" more particularly described in Exhibit "B" hereto, a two hundred acre neighborhood declared a blighted area pursuant to Section 163.360, Florida Statutes, which Owner is endeavoring to transform into an integral component of the Miami central business district; private and public investment in this area is essential to this transformation. Construction of the Phase I residential units, retail space and office space will be a major public and private capital investment in the redevelopment of Southeast Overtown/Park West, thus its construction is intended to encourage investor confidence in this area; and WHEREAS, the City has selected the Developers and development programs based upon the qualifications and experience s of the Developers in designing, developing, building and i operating other residential units, retail space and office space j throughout the United States, as well the financial benefits ii which the City will enjoy as a result of the business plan proposed by these Developers. The Developers and development programs selected for Phase I redevelopment are Cruz Development for a total of 585 Rental Units and 221 Condominium Units; Can - American for a total of 350 Rental Units; Indian River for a total of 152 Condominium Units; and Circa/Harness/Sawyer for a f total of 241 Rental Units and 427 Condominium Units. WHEREAS, the Southeast Overtown/Park West Redevelopment Project Master Plan was approved by the City of Miami Commission and the Board of County Commissions for Dade County; and j WHEREAS, early construction of the residential units, retail space and office space will have a significant positive financial impact upon the City of Miami and the region, to wit: (1) the development is an essential element and major capital investment in the redevelopment of the Southeast Overtown/Park West Community Redevelopment Project and early development will significantly enhance the Project's success by encouraging investor confidence in the Project and in this area; and (2) construction of the Miami Arena is currently under way and development of the residential units, retail space and office space which comports with the Miami Arena construction schedule will have a positive impact on the tourist, hotel and entertainment economies of the City and the region; and WHEREAS, the Application for Development Approval for the Project, which shall assess all the impacts associated with the entire development of the Project, including the preliminary development authorized by this Agreement, was filed in February, 1987; and WHEREAS, the Developers propose to develop a portion of the Southeast Overtown/Park West Community Redevelopment Project prior to issuance of a final development order; and WHEREAS, the South Florida Regional Planning Council staff has examined the proposal and has advised the parties that the proposed preliminary development is not likely to cause material adverse impacts to regional resources or planned facilities; and WHEREAS, the Owner does have interests in other land or developments located within five miles of the Project, namely, the Miami Arena located within the Project area and Bayside located along Biscayne Boulevard and N.E. 5th Street. The Developers do not have any interests in any other land or developments within five miles of the Project. NOW, THEREFORE, the Developers and Owner recognize that Phase I of the Project is an integral part of the Southeast Overtown/Park West Redevelopment Project area and that the Owner will be responsible for insuring that the Project is constructed and operated in a manner that will insure its compatibility with - 3 - 87=3'73# existing and future needs of the redevelopment area, as demonstrated by the proposed Overtown DRI, and it is hereby understood and agreed: 1. The Developers and Owner assert and warrant that all the representations and statements concerning the Project made to the Department contained in this agreement are true, accurate, and correct. eased upon said representations and statements, the Department concludes that this Agreement is in the best interest of the State, is necessary and beneficial to the Department in its role as the state agency with the responsibility for the administration and enforcement of Chapter 380, Florida Statutes, and reasonably applies and effectuates the. provisions and intent of Chapter 380, Florida Statutes. 2. The Project is a development of regional impact as defined by Section 380.06, Florida Statutes. 3. Time is of the essence. Failure to diligently proceed in good faith to obtain a final development order shall constitute a breach of this Agreement. In the event of such a breach, the Developers shall immediately cease all development of the Project, including the preliminary development authorized by this Agreement. 4. The Developers may undertake the following development of the total approved Project Phase I residential units, retail and office space, after the date of execution of this Agreement and prior to issuance of a final development order: all necessary site clearing and demolition; construction of the horizontal and vertical concrete structural systems (including columns, beams, frames for the roof and exterior surfaces); placement of roof trusses, associated metal decking and concrete block masonry partitions; and, rough -in of mechanical, electrical, plumbing and major equipment. The Agreement does not authorize the Developers to undertake any other development not specifically mentioned herein. All construction authorized by this Agreement shall be in accordance with the criteria which represents certain conditions typically recommended by the South Florida Regional Planning Council and incorporated by the City of Miami into DRI development orders for projects of this type. No other development, as defined by Subsection 380.04, Florida•Statutes, shall occur until such time as a final development order is approved for the Project in its entirety. The preliminary development authorized by this paragraph shall be subject to the terms and conditions of the final development order. 5. The Developers may complete construction and allow occupancy of up to a maximum of ten percent (10%) of the total approved Project Phase I residential units, retail and office space prior to issuance of a final development order. 6. The preliminary development authorized by this Agreement is more than 25% and less than 80% of any applicable numerical guideline and standard. The Developers have demonstrated that the preliminary development is in the best interest of the State and local govErnment in that: (a) The Project is in a designated blighted area and redevelopment of blighted areas is a matter of local and state policy and concern and is to be promoted in an effort to eliminate such areas pursuant to Section 163.335, Florida Statutes; (b) The Project will (i) facilitate the removal of blight which tarnishes the image and reputation of the surrounding community and reduces the desirability of the community as a place to visit and live; (ii) induce private sector investment in the revitalization of a slum and blighted area by creating a commercially viable area for residents to live and work; (c) The Project provides economic benefits in jobs and salaries by establishing a minority participation program for construction contracting and employment which is consistent with the Minority Participation Criteria for Redevelopment in Southeast Overtown/Park West, Section J of the Southeast Overtown/Park West Redevelopment Plan. - 5 - 41 7. The Developers and the Owner shall not claim vested rights, or assert equitable estoppel, arising from this Agreement or any expenditures or actions taken in reliance on this Agreement to continue with the total proposed development beyond the preliminary development authorized herein. This Agreement shall not entitle the Developers or the Owner to a final development order approving the total proposed development nor to particular conditions in a final development order. 8. In the event of a breach of this Agreement or failure to comply with any condition of this Agreement, or if this Agreement is based upon materially inaccurate information, the Department may terminate this Agreement or file suit to enforce this Agreement as provided in Sections 380.06 and 380.11, Florida Statutes, including a suit to enjoin all development. 9. Nothing in this Agreement shall constitute a waiver by any party of the right to appeal any development order pursuant to Section 380.07, Florida Statutes. 10. The restrictions and conditions of the final development order issued pursuant to Chapter 380, Florida Statutes, shall supersede the restrictions and conditions upon development contained in this Agreement, if any. 11. This Agreement affects the rights and obligations of the parties under Chapter 380, Florida Statutes. It is not intended to determine or influence the authority or decisions of any other state or local government or agency in issuance of any other permits or approvals which might be required by state law or local ordinance for any development authorized by this Agree- ment. This Agreement shall not prohibit the regional planning agency from reviewing or commenting on any regional issue that the regional agency determines should be included in the regional agency's report on the ADA. 12. The terms and conditions of this Agreement shall inure to the benefit of and be binding upon the heirs, personal representatives, successors and assigns of the parties hereto. The Developers and Owner shall ensure and provide that any successor in interest in and to any lands or parcels affected by this Agreement is bound by the terms of this Agreement. The Developers shall record this Agreement in the Official Records of Dade County, Florida, and shall provide the Department with a copy of the recorded Agreement including Book and Page number within two (2) weeks of the date of execution of this Agreement. 13. Owner and the Department acknowledge and agree that the Project will be considered an existing development in the City's processing and approval of the Downtown DRI for the City of Miami. 14. The rights and obligations of the parties hereto { shall inure to the benefit of and shall be binding upon the successors and assigns of the parties. 15. The date of execution of this agreement shall be the date that the last party signs and acknowledges this Agreement. Witnesses: STATE OF FLORIDA ) SS: COUNTY OF ) DEVELOPER CRUZ DEVELOPMENT COMPANY By: General Partner The foregoing instrument was acknowledged before me this day of , 1987, by of CRUZ DEVELOPMENT COMPANY, a General Partnership. NOTARY PUBLIC (SEAL) STATE OF FLORIDA AT LARGE My Commission Expires: 7 s Witnesses: STATE OF FLORIDA DEVELOPER CAN-AMERICAN REALTY CORPORATION/NORTHPORT BY: SS: COUNTY OF ) The foregoing instrument was acknowledged before me this day of , 1987, by of CAN-AMERICAN REALTY/NORTHPORT, a Minnesota corporation. (SEAL) My Commission Expires: Witnesses: STATE OF FLORIDA NOTARY PUBLIC STATE OF FLORIDA AT LARGE DEVELOPER INDIAN RIVER INVESTMENTS OF MIAMI, INC. BY: SS: COUNTY OF ) The foregoing instrument was acknowledged before me this day of , 1987, by of INDIAN RIVER INVESTMENTS OF MIAMI, INC., a Florida corporation. NOTARY PUBLIC (SEAL) STATE OF FLORIDA AT LARGE My Commission Expires: Witnesses: STATE OF FLORIDA DEVELOPER CIRCA/BARNESS/SAWYER By. General Partner SS: COUNTY OF ) The foregoing instrument was acknowledged before me this day of , 1987, by of CIRCA/BARNESS/SAWYER, a General Partnership. NOTARY PUBLIC (SEAL) STATE OF FLORIDA AT LARGE My Commission Expires: Witnesses: STATE OF FLORIDA OWNER CITY OF MIAMI By: • CESAR ODIO, City Manager SS: COUNTY OF ) The foregoing instrument was acknowledged before me this day of , 1987, by CESAR ODIO, City Manager of the CITY OF MIAMI, a Florida municipal corporation. (SEAL) My Commission Expires: NOTARY PUBLIC STATE OF FLORIDA AT LARGE !1 Approved as to form and legal sufficiency: AFFAIRS DEPARTMENT OF COMMUNITY General Counsel, Department of 2571 Executive Center Community Affairs Circle, E. Tallahassee, FL 32301-8244 Witness: Witness: STATE OF FLORIDA ) ) SS: COUNTY OF LEON ) The foregoing instrument was acknowledged before me this day of , 198`, by , of the Department of Community Affairs, an agency of the state of Florida, on behalf of the Department. (SEAL) My Commission Expires: SCA0137 NOTARY PUBLIC STATE OF FLORIDA AT LARGE IN PROJECT LEGAL DESCRIPTION The Southeast Overtown/Park West Community Redevelopment Project area boundaries are N.W+- Sth Street on the south, 1-95 on the west, I-395 on the north, and Biscayne Boulevard on the east (see Maps A-1 and A-2)i or Beginning at a point at the intersection of the center line of N.E. 5th Street; thence west on the center line on N.E. 5th Street (and N.W. 5th Street) to the east ROW line of 1-95; thence northwesterly on the east ROW line of I-95 to the south ROW line of 1-395; thence easterly on the south ROW line of I-395 to the center line of Biscayne Boulevard; thence southerly on the center line of Biscayne Boulevard to the point of beginning, comprising + 209.38 acres more or less; -or Blocks 2N, 3N, 4N, 5N, 6N, Me 14N, 15N, 173, 1SN, Me Me 21N, 22N, 23N, 24N, 25N, 34N, 35N, 36N, 37N, 38N, 39N, 40N, 41N, 42N, 43N, 44N, 45N, Me 56N, 57N, SSN, 59N, Me 61N, 62N, Me Me 66N, a portion of 27N, and all existing street rights -of -way between said blacker Section 37, Township 53 South, Range 41 East, A.L. Knowlton Map of Miami (B-41)r and Blocks 7, S, 9, 10, 19, 20, 21, portions of blocks 6, no 16, and.all existing street rights=of-way between said blacker Section 36, Township 53 South, Range .41 East, Alice Baldwin, Jenny M., and Charles E. Oxar Subdivision A-57 Amended (B-87); and Blocks 2, 8, 9, 10, 11, a portion of block 3, and all existing street rights -of -way between said blacker Section 36, Township 53, Range 41 East, Soots Subdivision (B-27); and Blocks 1, S, and all existing street rights -of -way between said blocks; Section 36, Township 53, Range 41 East, Perry Division (8-163); and Greyhound Center (77-98); Section 37, Township 53 South, Range 41 East, A.L. Knowlton Map of Miami*(8-41); and Block 46N, Section 37, Township 53 South, Range 41 East, G.G. Bolles (1-16)r and Blocks 16N, 26N, and all existing street rights -of -way between said blocks; 537, Township 53, Range 41 East, P.W. White Re -Subdivision (B-34); and Blocks 59N, 60N, and all existing street rights -of -way between said blocks, Section 37, Township 53, Range 41 East, Miami South Half - Blocks (1-185)r and RTY SEC CORPS 3-172, J.A. Danns Sub 7-36 Blocks C and D, Howard Johnson Sub 79-87, Jones Resub 3-176, Section 37, Township 53 South, Range 41 East, A.L. Knowlton Map of Miami (B-41). d OXHIBIT A mum..N` MILE III► mmm RORM SAY CAUSEWAY i t IV vantraR z J. CAUSEWAY t Self._ m •w It ST CORAL MAY lot • w MF J RICKERSACKER CAUSEWAY MRO AYE .�•w Y" Isom* AYE .�.�•`,` WRSIRIA KEY = 1•a1RCumb AVE '�OIRRER KEY MAROEE AYE ._ . _............» a �/: 1>R oil"MAP OnrYe sew. A-1 SOUTHEAST WEST _OVERTOWN/PARK It •••:; ial"Oo RWent or Wily LOCATION MAP no! ..FAss.e r e a n 4 FA it r •' GARMENT CENTER CIVIC OVER?OdWN CENTER MID CENTER HAVANA ® Overtown S! Park West ISL" I MAP A-2 SOUTHEAST I OVERTOWN/PARK WEST VICINITY MAP I I I II I •�»- M l"Osm NNW i 4r %"It O tS0 N.f00 �•�ssI-Grog y PRASE Is PROJECT DESCRIPTION The Southeast Overtown/Park west Community Redevelopment Project entails the redevelopment of 200 acres of prime real estate (see Maps A-1 and A-2) adjacent to the Miami Central Business District for new residential, office and commercial activity. Representing the culmination of a ten-year planning process by both the City of Miami and Metropolitan Dade County, the general redevelopment concept for the. project is directed toward the provision of a wide range of housing opportunities for moderate income families (e.g., families with incomes ranging from $15,000 to $50#000) within a downtown setting. Also incorporated in the development plan is the provision of support services necessary to serve the area's future population. In conformance with the Southeast Overtown/Park West Redevelopment Plan (adopted by both the Miami City Commission Resolution go. 82-755, and the Board of County Commissioners Resolution No. 1677-82), the role of the public sector will nQt be to undertake specific building programs but rather to facilitate overall development using a variety of positive investment incentives including special Zoning designations* public land acquisition,, financial subsidies and the provision of new public facilities and amenities. The City of Miami has initiated the redevelopment effort with a Phase I development action surrounding the Overtown Metrorail Transit Station. Land acquisition (Appendix 3-1) and Palocation activities (Appendix 3-2) are nearly complete forothe nine (9) Phase I development parcels. (See Map 8-3). Developers and development programs (see Appendix 3-3) have been selected for these parcels, with a combined construction cost estimated at over $190 million. Phase I development activities are scheduled to occur between 1986 and 1992, and result in approximately 2000 housing units, 166#000 square feet of office space, 66,200 square feet of retail space and a 16,500 seat sports arena. (The Application for Development Approval for the Miami Arena DRI has been submitted by the Miami Sports and Exhibition Authority). Also, Phase I anticipates the development of an exhibition hail containing 290#909 square feet. When all phases have been completed (estimated to occur by the year 2005), the Southeast Overtown/Park Nest Community Redevelopment Project is intended to transform a presently blighted, under-utilised land area into a socially and economically integrated community providing unique living and working opportunities in downtown Miami. ft Ed ■ 4 II SOUTHEAST OVERTOWN/PARK WEST PHASE I REDEVELOPMENT AREA -•--- ROOMt ONO 1 or war BLOCK/PARCEL NUMBER s.�. Ale a- O C M IN L 400 1 2 CITY OF %9*10. ftOMA INTER -OFFICE MEMORANDUM TO. Honorable Mayor and OAM- APR 21 1987 F,LE, Members of the City Commission . RESOLUTION ON PRELIMINARY suNUECT: DEVELOPMENT AGREEMENT FOR SOUTHEAST OVERTOWN/PARK WEST REDEVELOPMENT PROJECT DRI FROM=Cesar H. Odio REFERENCEf: City Manager City Coemission Meeting ENCLOSUREs: April 30, 1987 RECOMMENDATION: It is respectfully recommended that the City Commission approve the attached resolution authorizing and directing the City Manager to execute a Preliminary Development Agreement (PDA) with the Florida Department of Community Affairs (DCA), in a form acceptable to the City Attorney, for the development of Phase I of the Southeast Overtown/Park West Redevelopment Project. BACKGROUND: The Department of Development and the Law .Department have analyzed and reviewed this Preliminary Development Agreement (PDA). The PDA is to be entered into between the City and Florida Department of Community Affairs to facilitate the Phase I development of the Southeast Overtown/Park West Redevelopment Project. Florida Statutes, 380.032(3) and 380.06(8) require that a PDA be entered into with DCA to allow construction to begin prior to the issuance of a Development Order under the Application for Development Approval (ADA) for the Southeast Overtown/Park West Redevelopment Project Development of Regional Impact (DRI). The City Commission authorized the preparation of the ADA -in July, 1986, and approved the transmittal of the ADA to the South Florida Regional Planning Council (RPC) in January, 1987. Phase I developers are scheduled to commence construction in July, 1987; however, the RPC will not consider the ADA for the Southeast Overtown/Park West DRI until August, 1987. This difference in scheduling mandates the preparation and execution of a PDA with DCA to allow Phase I construction to begin prior to the issuance of a Development Order. Attachment o2 —/