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HomeMy WebLinkAboutM-83-0909f , . 6 -yew DasAinyfon ._VelyAfs C'omrnunlfy Deueloornenl Conference f�ffice ql ' (fcocomic Deue%Anaent VON OqO�'7q(j�Hi�•tQN %�^eridvn/: Ywhvr 'eicliurri L'. / urri f. iev- Jews . l'vvervne %ra %lir:aon :rvaJurvr 7ibnr .''lul/o September 19, 1983 . v�rvlory , wuvrvnJ /iaiinn ; iu loloil mr. Foward V. Gary, City Manager City of Miami. City Hall 3500 Pan American Drive Cuimer 7ar,4. Miami, Florida 33133 Overlown " Dear Mr. Gary: ;vea Washington Heights Ccnmunity Develocment Conference Board.of Directors wishes to accomplish the goals outlined in Resolution "hmmber: R 691-82, as resolved by the Board of County Commissioners on May 18, 1982, regarding the ":5%ECDC J?u1/dint' as the initial cormmity developupnt corporation for develop- ment in the Overtown Transit DevelopT.ent Area". 7,eiler As a fulfi?rrent to this resolution, we are rec_uestirg your Communily permission to be ?laced on t1he City of Miami's C=missicn Agenda, for October 13 or 27, 1983 hearing. New Washington Heights would be ;cost obliged if the S75,000 ?,rlministrative grant request, previously submitted, could be considered at this time. This amount will be utilized by our "Management Team" to defray initial developuent cost. Looking for.+rard to hearing from you soon. Sincerely, Jackie Bell, ExecLtive Director 17","ts encl: draft resolution Cu/mer ; Oueriomn Cerier ,Sr oriAxesl .3rci �13uenue • i7ami, _71oriciu .3.;12S • l 'O / :?9-2320 • Lur. AGO/ M o-rl OA/ 83-909 MEMORAN DU'l TO: Honorable tiavor and Msmbers Date: October 13, 1983 City of Miami Corrmission Sr bj sol i Pzsolution FRUM: Lesicmation of New :6as::i:ngtcn Heights CDC as the Ce.7elcper Ccordi-•ratror for 1--he Gvertctin Transit Development Area REC3i%rM MTION It is recommended that 1 e City of Miami Cc mmissi.oners authorize the City Sanager to designate `Iew Washington heights Community Cevelopment Conference, a oommtu:it, based economic development organization in Overtcwn, as the developer/coordinator for deve- lopment activities within the Overtown Transit Development Area. As developer/coordinator, New .Iashington Heights CDC will seek out and encourage de:elopers from the private sector, other CDC's and/or LDC's to participate in develop- mental �Xojects in the G'R,ertown Transit Cevelopment Area. New Washington Heights CDC :may undertake its own development project such as the construction of a 200-roam Hotel as the nucleus for creating jobs for community residents. The CDC may further assist in residential and carrmercial rehabilitation; it will participate with the City of %li.ami and Dade County Transportation Administration irplementirg the Black Equity Participation Plan for the benefit of property owners and businesses in Overta,4n. It !rill p ad-zage development proposals with t:.e assistance of the City of L% iami and =A. Since its i.^corporation in 1973, New Washington Heights CDC has demonstrated its interest and concern for the economic development of the Overtcwn Canm pity. The CDC pas worked with the University of Miami in studying the demographic changes of Overtown and in determining the most feasible light industries. In 1981, MHCDC received a 5100,000 grant fran the Florida State Department of Ca mznity Affairs to undertake as a major function, Job referrals and placements. Similarly, Z,,MHCDC offers such services as business site analysis, market/feasibility studies, ca=ercial/residential rehab loan packaging, bank loan packaging, small business administration loan packaging, business counseling, bid preparation, etc. :'. ECDC is at +resent d-evelonirg t-•ro (2) major _projects. The first is a hotel to be :uilt in ^.e OVert_"wn Transit Cevelopent Area. This is a Joint venture ::,etveen NL=,v ?:ashirgtcn Heights and a national hotel chain. TI e new Hotel will provide 200 rooms and 90,000 square feet of carmercial and retail space to see•-,e OvertcNn, Ine nearbv Cc,rerrzw.t Canter ar:d Coc.wntown :4iami. The se--cnd project is t.^e "Phoen-.: Building" located on the forayer "crtcn Tie Ccmranv site, Lr:ediately north of the Brownsville :•het orail Staticn. The building .will ^xovide 116,000 square feet of luxury type Brace :which .could encourage minority ooxership arid Black Equity participation. �bvY.CDC is a designated c=T=ity based organization under contract- 33-HC-%,112308010 with the State of Florida. 83-9057 The proposed designation of `few tvashingtcn Heights as e�:elcper/c oor�.i.�ator for the Overtown Transit De*relorment Area will 'help to maximize the economic and fiscal benefits to t::e Conmmmitt'. In addition, it will be in keepi^.a with the intent and curpose of .-he Dade Count, "joint Use Policy" ".which encouraces Joint develoarent within the `fletrorail right -of -Amy. 83-9WS,