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HomeMy WebLinkAboutR-82-0755RESOLUTION NO. 82`755 A RESOLUTION APPROVING, IN PRINCIPLE, THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY DEVELOPMENT PLAN, WITH AMENDMENTS DATED JUNE, 1982, FOR AN AREA GENERALLY BOUNDED BY BISCAYNE BOULEVARD ON THE EAST, I-95 ON THE WEST, I-395 ON THE NORTH AND NORTH 5TH STREET ON THE SOUTH, A COPY OF WHICH IS ATTACHED HERETO, AND MADE A PART HEREOF; MAKING CERTAIN FIND- INGS OF FACT AND CONCLUSION OF LAW; MAKING RECOMMENDATION FOR APPROVAL BY THE BOARD OF COUNTY COMMISSIONS; AND SUPPORT- ING A JOINT EFFORT BY THE CITY AND COUNTY IN IMPLEMENTATION. WHEREAS, under the provisions of Chapter 163, Part III of Florida Statutes known as the Community Redevelopment Act of 1969, as amended, the City of Miami may designate a slum, or a blighted area or a combination thereof, as appropriate for a community redevelopment project; and WHEREAS, the Miami City Commission adopted the Overtown Redevelopment Plan (Resolution No. 79-724) which recommended the redevelopment of the southeastern portion of Overtown Community for commercial and residential development; and WHEREAS, the Miami City Commission approved in princi- ple the Southeast Overtown/Park West Community Redevelopment (Resolution 81-920) and subsequently modifications to the Plan were requested by the Southeast Overtown/Park West Community Redevelopment Ad Hoc Committee which was appointed by the City to review the plan. WHEREAS, under the provisions of Chapter 163, Part III of Florida Statutes known as the Community Redevelopment Act of 1969, as amended, Metropolitan Dade County, Florida (herein called Dade County) is required to approve all community redevelopment plans; and WHEREAS, the Board of County Commissioners of Dade County Florida, is the duly empowered and authorized govern- ing body of Dade County for purposes of approving strebr,...".._...,..,.i,�,,,,,,r,,, CITY C0MMISSion MEETING 09 JULB91982 plans; and WHEREAS, the Dade County Board of Commissioners has found this area to be deteriorated and/or blighted, desig- nated this area as part of the Central Miami Community Redevelopment Area; and WHEREAS, the plan is in conformity with the Miami Comprehensive Neighborhood Plan. NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The Commission approves in principle the Southeast Overtown/Park West Community Redevelopment Plan dated June 1982 as amended, a copy of which is attached hereto and made a part hereof, for an area bounded generally by Biscayne Boulevard on the East, I-95 on the West, I-395 on the North, North 5th Street on the South, substantially in the form of the attached hereto. Said Plan includes acquisition and clearance, relocation, rehabilitation, street improvements and beautifications. Section 2. The Commission approves in principle the amendments to the plan a copy of which is attached hereto and made a part hereof by reference. Section 3. The Commission finds, determines and declares that the matters set out in the foregoing recitals are true and correct and they are hereby incorporated as portion of the resolution. Section 4. The Commission recommends to the Board of County Commissioners that the Southeast Overtown/Park West area be appropriately declared a Community Redevelop- ment Area and that future public actions will be governed by the Community Redevelopment Plan. Section 5. The commission extends its support to joint City/County redevelopment efforts in the Southeast Overtown/Park West Area and directs the Administration to work jointly with Metropolitan Dade County to implement the 2 82-'755 Community Redevelopment Plan. PASSED AND ADOPTED this 29 day of JULY , 1982. MAURICE A. FERRE MAURICE A. FERRE, Mayor ATTEST: / A7 M TTY HIRAI Acting City Clerk PREPARED AND APPROVED BY: JO L E. MAXWELL Assistant City Attorney APPROVED AS Q F •70 CRCR AND CORRECTNESS : i r' `1 4GE02F.KNOX, JRney l 3 82--755" N O A PROGRAM FOR RATIONAL PRESERVATION IN THE FUTURE DEVELOPMENT OF OTTERTOWN Goals and Objectives The goal of the Historic Overtown program is to vitalize the rich history and culture of Overtown, thereby creating a sense of iden- tity and community pride that will contribute to the economic and physical revitalization of the Overtown community. By e::amining the past, it is intended to identify those elements that once made Overtown the thriving, exciting focus for the Black community in South Florida, and to incorporate appropriate and productive ele- ments of that past era into the future re(ae%-elopment plan. Objectives of the program include: Effectively communicate information and develop broad based awareness and appreciation of historic achievements of the Black cc-munity through exhibits, special e,:ents, tours, and the media. Re-establish a special identity for overtown by focus-: g on one era in its history, the "Little Broadway" jazz era. Develop this as a theme for attracting new night- clubs and restaurants; programming special cultural events; designing signs, street furniture and public plaza spaces; and creating prcmotional literature for tourism and local marketing. e Preserve, where feasible, surviving buildings which repre- sent important links to persons, activities or events of major significance in the past. p Secure official recognition and protection for the area by establishing an historic district. Encourage new development to incorporate uses which would contribute to the vitality of the district such as stores, nightclubs, restaurants, theaters. e Encourage new buildings to incorporate selected design elements from the past which reflect special cultural or thematic feelings which are relevant today and should be re-established. 82--'755 Summary of _Historical Significance Known by several names, including Avenue 'G', Colored Town, Washington Heights, Overtown, Culmer, Central Negro District and Avenue 'H': the area immediately west of downtown Miami is one of the oldest neighborhoods in the City of Miami. Popularly referred to today as Overtown, this community developed in 1896 as a result of the need to house black workers who were brought to the Miami area from West Palm Beach during the time when Henry M. Flagler extended the Florida East Coast Railroad to Miami. By 1904, several issues of the Miami Metronolis, (Forerunner of N the Miami_ News) reported an active literary group in 'colored Town'. According to the 1907 official directory of the City of Miami, the black P;omen's Cultural Club held regular bi-monthly meetings. Re- search through the Foundation also reveals that as early as 1918, the St. Agnes Coronet Band held regular activities, attracting residents and tourist alike. Tourists were known to also fre- quent the area to enjoy the fine traditional foods featured'in the numerous black owned and operated restaurants. As the area grew, blacks developed many economic ventures, such as hotels, apartment complexes, theatres, nightclubs and small neighborhood markers. In effect Overtown became a strong pulsating commnunity. In the 1920's and 1930's, NW 2nd Avenue was known as Avenue 'G'. It was the center of good black entertainment, retail stores and pioneer citizens reveal that by the 1940's Overtown was a cultural oasis where artists from all over the world came to perform and to practice for upcoming engagements. Equally exciting is the fact that for many years tourists visitinc; Miami Beach came across town to the Overtown area to listen to the popular Negro Spirituals sung in the area's churches. Once ki-.own as 'Little Broadway' Overtown has made a valuable contribution to the City of Miami, the County of Dade, Florida and the federal United States. 82--'755 Northwest Second Avenue was the place to be during the jazz era. The syncopated sounds of jazz and blues issued nightly from the nightclubs and dance halls. Its rish entertainment accounted for a growing national reputation. In the 1930's and 1940's its clubs presented such stars as Marian Anderson, Bessie Smith, Hazel Scott, and "Nat King" Cole. Former resident Rosebuld Silas recalls such performers as c Billie Holiday, Erskine Hawkins, and Ji,-=y Lunceford, at the Rockland Palace. Count Basie and Cab Calloway brought their big bands. Roland Hayes and Etta Motten, a singer who displayed N African artifacts were presented in the auditorium at Booker T. N Washington Senior High School. These afternoon performances which otter. included Ben Richardson from Atlanta reac•inc poetry, ccst 5C per student. Singer Maul Robeson, Sa:mie Da,.is Jr. and his trio, Barbara McNair, Lena Horne, Dinah :•.ashin�ton, Buddy Joh::son, and Nina Mae McKinney appeared annually. The th`rine Diu^ha;i Dance Company was also a favorite. 82--'755 PRESERVATION OF EXISTING HISTORIC BUILDINGS The Historic Sites Committee has identified (? number) of buildings having historical significance to the Overtown community. A list of these buildings is attached to this report as Appendix A. The criteria for selecting these historic buildings were ........ (exr,lain) Consideration should be given to preservation of any of the identi- fied historic buildings wherever structural conditions and cost of rehabilitation might be favorable. However, recognizing that over- all economic revitalization plans for Overtocm require extensive new development, emphasis should be placed on preservation of the following historic structures which are considered to be of major N imtDortance : 1. Churches a. Greater_ Bethel A.M.E. Church, North:,,est 8th Street and and 2nd Avenue b. '1. It. Zion Baptist Church, Northwest 3rd Avenue and 9th Street C. Building which was formerly the Lyric Church, Northwest 2nd ovenue and 8th Street d. Church which %•.,as formerly Ebeneezer Church. 2. Businesses a. Cola Nip Building *b. X-Ray Office Building C. Carver Hotel d. Stirrup Building e. Longshoreman's Hall f. Gaskin building g. Scott building h. Judge L.E. Thomas' office i. Dr. Davis' office building 3. Public Buildings *a Booker T. Washington high School 4. Residences *a Dorsey House b Killens House *c Rooming house corner of 3rd Avenue & 10th Street *d Chapman house *e Lewis House *f Mitchell House Possible preservation strategies must be studied for each of the above buildings individually. Among the factors to be considered are: ownership, need for repairs, economic productivity, potential for new uses, eligibility for federal tax benefits, location and relationship to planned redevelopment sites, potential for moving to a new site, potential sources of funding. Buildings preceded 82-755 -- by an asterisk are considered to be of first priori-,. concern because of imminent threats of demolition, deterioration or vanda- lism. Buildings for which extensive work is currently- underway include: Dorsey House ) X-Rav Clinic ) give short status statement on each Booker T. Washington ) CITY OF IlIAI4I HERITAGE CONSERVATION ORDINANCE The proposed local Heritage Conservation ordinance (called "HC" ordinance) provides the option of designating individual historic buildings or an historic district covering a larger area of Over - town. The City ordinance would provide a degree of protection to N historic buildings by requiring that any demolition, alteration, or new construction be approved by a special review board. The proposed "HC" ordinance also permits certain modifications to zoning and building code regulations where necessary to make preservaticn economically or architecturally feasible. Initially, priority should be given to the ir.ci-iduaZ his- toric buildings that were listed with asterisks in the above section: 1. Booker T. Washington High School, NPI 6th avenue and 12th St. 2. Dorsey House, IZI 9th Street and 3rd Avenue 3. X-Ray Clinic, NP, 1st Avenue and 11th Street 4. Lewis House, corner NZ'v 4th Avenue and 8th Street 5. House, corner NI9 3rd Avenue and loth Street 6. Chapman residence, NW 5th Court and 13th Street 7. I•litchell residence, NW 3rd Avenue and 7th Street Meanwhile, work should proceed on a potential historic district for Overtown. Extensive additional historical research and documenta- tion is required as legal justification for any historic district. This is particularly critical for Overtown, which would be a unique kind of historic district with new buildings outnumbering the old. A lack of funding for professional assistance can be expected to ham= per this process. NATIONAL REGISTER OF HISTORIC PLACES The National Register differs from the City of Miami's proposed "HC" ordinance in the following ways: a) the National Register does not have any influence over demolition or alteration of his- toric buildings unless the action is a result of a federally funded project (the HC ordinance covers actions by both government and B2-'755 and private investors ); b) the National Register makes income- prc4-ucing properties eligible for federal income tax benefits; c) the National Register has more stringent standards for accept- inc historic buildings and districts (many buildings in Overtow-n would be eligible for recognition under the "HC" ordinance but would not qualify for the National Register); d) the National Register has no effect on zoning and building code regulations; e) National Register listing requires the consent of the property owner and the "HC" ordinance would not. CcnSide ring the above advantages and limitations, a selected list of Zuildincs should be nominated for listing on the National Re- ci=-er. Initially, this would include Booker T. washirgton High Sc gal and the Dorsey House. This list should be expanled based ur_ . the analysis of preservation strafe �:ies fcr individual build- ir._-s recc:-=en(3ed above. Particular consideration should be given tc cc.%mercial buildings operated by pro -fit -marring entities that cc -_Id utilize the tar: benefits. ZC:'=:.G Because the zoning plan will largely shape the physical form of fu=ire development in Overtown,consideration should be given to inz3rporating elements that would help to recreate the feeling ar.d atmcsonere of "Historic Overtown" such as: 1. Provide incentives or requirements for retail stores at the ground level on selected com- mercial blocks 2. Provide incentives for jazz clubs 3.* Permit controlled street vendors and outdoor markets 4. Utilize the special zoning incentives in the HC ordinance for preservation of existing historic structures 5. Develop landscaping standards utilizing historical and thematic plant materials 6. G:)nsider possible design guidelines for new con- struction that would encourage selected elements of historic building forms to be incorporated into the design of new buildings, as for example the following low rise housing concepts by University of Miami students for the Key West Naval Station. Q :t d h^ ' " J ':*gym% Ir C __ ...: r. °nt' F, CACE TO MIDDLE INCOME STRE-ET PUBLIC SPACES Aside from preserving selected historic buildings, the greatest opportunity for developing physical evidence of Historic Overto%,m in the public spaces - sidewalks, plazas and parks: 1. Histc-ic Markers - should be a top priority short term project. The Black Archives will assemble a short written text and appropriate photograph or illustration for each major historic site in Overt,-Iwn (including sites now vacant or redeveloped) Funding will then be requested from the redevelop- ment project, CD and private sources to reproduce this information on anodized aluminum (or other vandal resistant material) plaques, to be securely mounted in appropriate locations. This will pro- vide a vital communications tool for stimulating awareness amongst large numbers of Overtown resi- dents and visitors. N °1 2. Street Furniture - wherever redevelopment plans call for new improvements to sidewalks and plaza spaces such as paving, benches, signs, trash cans, land- scaping etc. an op:�ortunity exists to design such imprc':ements with an historic theme - particularly the "Little Boradway" jazz era. 3. Special Events - public plaza, street, sidewalk and park improvements should be designed to accommodate the special cultural events envisioned in the "Program- ming" section of this report. Procramming Most of ,.hat is significant in the history of Overtown involves the people themselves and the activity they generated, rather than physi- cal things such as buildings. Therefore, an essential element of the Historic Overtown concept is to program activities and events that will recreate the former vitality and atmosphere of the community. Such programs will be critical to attracting tourists and visitors from around Dade County. 1. Hold jazz concerts within the proposed district 2. Plan for the establishment of an annual Historic Overtoi•;n Cultural Arts Festival reminiscense of jazz era 3. Establish an international cultural complex featur- ing activities reminiscent of the nineteen thirties, forties, and fifties where artists can receive training as well as perform in concert. 4. Encourage families from all over the world to hold annual family reunions in Dade County, particularly in the Historic Overtown district. a. Establish Oratorical national competition b. Culinary contests specializing in soul food from the Caribbean and Southern States. c•. Hair styling contests d. Establish a hall of fame, annual recognition of national figures e. Establish a tennis tournament or some other sports event 82-755 5. Encourage the establishment of legitimate theater, writers, and artists workshop; and first-class night clubs and restaurants based on the guidelines of the Historic district. 5. Encourage the establishment of manufacturing as well as other related businesses for the arts, i.e. Manu- facturina and distributing equipment and supplies for dancing, music, art, etc. 7. Encourage the establishment of tours of local his- torical sites and landmarks. a. Bus tours to visit sites county -wide b. Mini -tours for sites within the district 8. Encourage the establishment of a Tourist informa- tion center which would direct tourists to attrac- tions, restaurants, hotel accommodations, and his- torical sites throughout Dade County. 9. Encourage the establishment of specialty shops which ^' feature products of Africa, the Caribbean and the Southern States. a. Restaurants, caterers, etc. b. Photographer's studio specializing in passports C. Bookstores and art galleries 10. Establish a "Saturday Marketplace" where vendors are allowed to set up in a designated street block or public plaza - featuring ethnic foods, crafts, fresh produce, artwork, etc. Archives The on -going work of the Black Archives Research and History Foun- dation should receive increased public and private support. The project involves establishing a research collection documenting issues, activities, events,and sites of historical significance within the district. a. Establish a permanent Black Archives as a depository to: (1) House organizational papers related to this process (2) House records, photographs and manuscripts which document the district (3-) House the organizational papers of the Black Ar- chives, History and Research Foundation of South ' Florida, Inc. b. Establish an on -going publication program C. Establish an international research internship program with colleges and universities around the world d. Continue can -going research programs for the benefit of the community -at -large. e. Serve as the international clearinghouse and dissemina- tion center on the culture of black people, i.e. lan- guage, lifestyle, food, dress, visual and performing arts, hair styles, music, etc. 82--755 -- SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT PLAN n 45;�. () c..0flm. Table of Contents Southeast Overtown/Park West Community Redevelopment Plan I. Introduction A. Reason for Study 1 B. Planning Process 3 II. The Setting A. Georgraphic Description 7 B. Relationship to City and Metroplitan Area 7 C. Historic Evolution 9 III. Redevelopment Proposal A. Summary of Existing Condition 12 B. Redevelopment Objectives 16 C. Redevelopment Proposal 19 IV. Redevelopment Plan A. Land Use Plan 27 B. Zoning Plan 32 C. Traffic and Transportation Plan 36 D. Community Facilities and Services Plan 41. E. Housing Plan 45 F. Economic Development Plan 57 G. Acquisition Plan 61_ H. Reuse Plan GG I. Relocation Plan 68 J. Minority Participation Plan 84 ;. Financing and Staging Plan 95 L. : lanaaemen t Plan 114 V. Appendix 6 Please note major portions of this Report have been extracted directly from the Overtown Redevelopment Report, 1979 prepared by the City of Miami Planning Department and Park West Redevel- opment Program For Downtown Miami, 1981 prepared by Wallace, Roberts & Todd (WRT) for the Downtown Development Authority. 0 LM in 0 0 NTQoowc=TooN LM T. INTRODUCTION A. Reason for Study The emergence of Downtown Miami as a major center for inter- national commerce and the construction of the Dade County Rapid Transit System have created an environment conducive to the physical, economic and social revitalization of a 200 acre area located to the north and west of the Miami central business district. This currently blighted tract of land is irregularly bounded by Biscayne Boulevard on the east, I-95 and FEC right- of-way on the west, 5th Street on the south and I-395 on the north (Note Map). Included within this area are two distinct sub areas: the warehousing and general commercial areas located east of the FEC Railroad right-of-way known as Park West and the predominantly low income Overtown community to the west of the right-of-way. Both areas have not experienced the major econ- omic spin-off effects which have been generated by the massive private and public investment currently taking place 1r?ithin the central core of Miami. over $2.1 billion in public and private funds have been committed for the redevelopment activities between 1980 and 1985 within the Downtown area. While there has been some minimal private investment within the area closest to Biscayne Boulevard, there has been a continuous pattern of disinvestment and abandonment within the western sector (Overtown area) of the planning district. The Overtown Transit Station which will be developed at N.W. lst Court and 7th Street will be the major transit station to serve the northern segment of the CBD. Five stations are programmed for the Downtown Comnonent of the Dade County Rapid Transit System (People Clover) creating a new stimulus for redevelopment along 5th Street and north on N.F. 2nd Avenue. In order to maximize the D_ublic benefits that can be obtained from these investments, a nublic-private redevelopment ;process will be necessary. Under the provisions of the Florida Community Redevelopment Act of 1969 as amended, where prevailing conditions of decay make impractical the reclamation of an area by methods of rehabilitation and/or conservation, the government entitv mav - , 3 1" ..�� PEOPLE MOVER AND STATION PROJECT BOUNDARY MAP 0� RAPID TRANSIT COMMUNITY REDEVELOPMENT AREA RAPID TRANSIT ALIGNMENT r TRANSIT, STATION Hill I (D 0 200 Lm 2 undertake a more extensive public program, including land acqui- sition for redevelopment. In 1969, the western portion of this area was designated as a redevelopment area under the state statutes. In early 1981, these boundaries were extended to Biscayne Boulevard based on socio -economic and environmental conditions within the area. Before any community redevelopment vroject can be implemented within the City, a community redevelopment plan must be adopted for the area by both the City of Miami and Dade County. B. Planning Process The Overtown/Park West Community Redevelopment Plan entails the major recommendations and action programs of two distinct planning processes that the City of Miami, in conjunction with Dade County, has been undertaking since the late 1970's. Oi?A,-+-nwn In 1976, the City of Pliami adopted the Miami Comprehensive Neighborhood Plan 1976-86 (MCNP) which provides the framework or the overall eve opment of the City of Miami. Development opportunities were identified for this area within this document including the establishment of a new in -town residential commu- nity and redevelopment opportunities afforded by transit station development. A community redevelopment plan focuses on areas of significant neighborhood deterioration for which a detailed redevelopment program is required. In 1979, the City of Miami and subsequently in 1980, Dade County approved the Overtown Redevelopment Plan after extensive citi- zen review. Th sisi plan is for the larger Overtown community which extends for approximately one square mile. The southeast portion of that planning area has been incorpor- ated within this document due to its functional interrelation- ship with the abutting area to the east. The Overtown Redevelop- ment Plan provides a unified, action oriented guide for the overall revitalization of the Overtown community and V) N 3 Ln Ln provides a redevelopment strategy for a five year period. A : series of sub area planning projects were identified in the plan including the Overtown Transit Area Redevelopment Project and the Overtown Rehabilitation Demonstration Project Area which lie in the southeast portion of Overtown. These pro- jects have been incorporated within this planning document. Since 1980, a major effort has been made to implement these projects which is consistent with the established redevelop- ment strategy for Overtown which calls for a segmental approach. Park WAC+- In 1973, an urban development and zoning plan was prepared for the Downtown Development Authority and the City of Miami Planning Department. This report recommended redevelopment of the area north of the port access road to I-395 between N.W. 1st Avenue and Biscayne Boulevard. This recommendation was incorporated within the MCNP in 1976. In 1979, the Downtown Development Authority of Miami, in con- junction with the City of Miami, began the process of prepar- ing a redevelopment plan for the aforementioned area which was designated Park West. The consulting firm of Wallace, Roberts and Todd (WRT) was selected to prepare the redevelopment docu- ment. An extensive 18 month public and private review process was undertaken with major input from the Park West Association representing owners of property and businesses in Park West and the New World Center Action Committee, Park West Subcom- mittee of the Greater Miami Chamber of Commerce. Within the Park 'Vest area a 16 block redevelopment area has been delinea- ted, this will be referred in the text as the Park West Pro- ject Area (note Map 3). The Southeast Overto%m /Park West Community Redevelopment Plan incorporated appropriate portions (including text) of the Over - town Redevelopment Plan prepared by the City of Miami Plann nl 5 4 Department and Miami Park West - A Redevelopment Program for Downtown P�iami prepared by WRT for the Downtown Develop- ment Authority of Miami into a unified document consistent with regulatory requirements mandated by the State of Florida Community Redevelopment Act as amended. The Southeast Overtown/Park West Ad Hoc Committee was estab- lished to review the Redevelopment Plan that was initially approved by the Miami City Commission in October of 1981. This group included representatives of the Overtown and Park West communities and provided a forum for community concerns. A series of workshops were held over a six month period and a listing of issues was formulated. Modifications have been incorporated in this revised plan document to reflect the Ad Hoc Committee's recommendations. Tax increment financing is the major recommended tool for in- itiating redevelopment and it necessitates the establishment of a separate community redevelopment area. There is a sig- nificant variation in public expenditure and participation needed within the redevelopment process in order to achieve a full range of residential and commercial redevelopment for all economic segments of our community. The greater need within the Overtown portion of the planning area anO the potential funding resources to be generated by the Park P?est and adja- cent redevelopment activities will prove extremely beneficial to meeting redevelopment objectives established for the Over - town community. 11ithout major improvements within the Over - town portion, it is extremely doubtful that full redevelopment can be achieved within the Park West area. It is also a major objective of the City of Miami to create a balanced community with housing opportunities for all segments of the population. Redevelopment activities within Park West and Overtown will be programmed to occur concurrently, 5 The total value of bond proceeds required to finance planned public investments throughout the Park West/ Overtown Tax Increment District may approach $85.7 million, an aggregate value just shy of the District's "peak debt" given the proposed development schedules. Subtracting out projected administrative expenses from the Park West cash flow analysis (because it is a district -wide expense) financed totally out of revenues generated by the Park West subarea) the total value of planned net -public investment within the Overtown subarea is expected to equal the total value of planned net public investment within the Park West subarea between 1983-1993 (approximately $32+ million). In addition Overtown will be the recipient of $6.9 million in UMTA funds plus a local match of $1.25 million and possibly future Community Development Bloch: Grant Funds for housincr development. Each dollar of net public expenditure within the Park West subarea is expected to generate $11.82 of private investment within the same area. The public expenditure/private expenditure leveraging ratio within Overtown is anticipated to approach 1. It is precisely because of this one for one ratio that it is not feasible for Overtown to support a tax increment financing program of its own. Consequently, implementation of the Overtown Redevelopment Program requires financial support from the balance of the Tax Increment District where the private dollars to public dollar leveraging ratio is anticipated to be much higher. These same areas represent loca- tions where the tax increment bonding capacity will exceed that bonding level necessary to provide the public investments required to bring forth private development. s Ln I II SETTING II. THE SETTING A. Geographic Description The study area boundaries are N.W. 5th Street on the south, I-95 on the west, I-395 on the north and Biscayne Boulevard on the east (note snap # 1.) . Beginning at a point at the intersection of the center line of Biscayne Eoulevard and the center line of N.E. 5th Street; thence west on the center line of N.E. 5th Street (and N.W. 5th Street) to the east POW line of I-95; thence north-- westerly on the east ROW line of I-95 to the south ROW line of I-395; thence easterly on the south ROW line of I-395 to the center line of Biscayne Boulevard; thence southlerly on the center line of Biscayne Boulevard to the point of be- ginning. B. Relationship to City and Metropolitan Area The study area is strategically located within the City of Miami, north of the central business district. Over the next five years, the CBn will undergo immense physical and economic change. Major mixed use pro- jects such as Pliami Center, Brickell Key, Southeast Bank Financial Center, World Trade Center, City of Miami, University of Pliami James L. Knight Interna- tional Conference Center and the Hyatt Rencency hotel will add thousands of Private jobs and more importantly, attract even greater numbers of visitors, businesses and tourists to Downtown Miami. 7 II. THE SETTING A. Geogranhic Description The study area boundaries are N.W. 5th Street on the south, I-95 on the west, I-395 on the north and Biscayne Boulevard on the east (note snap #11. Beginning at a point at the intersection of the center line of Biscayne Eoulevard and the center line of N.E. 5th Street; thence west on the center line of N.E. 5th Street (and N.W. 5th Street) to the east POW line of I-95; thence north-- westerly on the east ROW line of I-95 to the south ROW line of I-395; thence easterly on the south ROW line of I-395 to the center line of Biscayne Boulevard; thence southlerly on the center line of Biscayne Boulevard to the point of be- ginning. B. Relationship to City and Metropolitan Area The study area is strategically located within the City of Miami, north of the central business district. Over the next five years, the CBD will undergo immense physical and economic change. Major mixed use pro- jects such as Pliami Center, Brickell Key, Southeast Bank Financial Center, World Trade Center, City of Miami, University of Miami James L. Knight Interna- tional Conference Center and the Myatt Rencency Hotel will add thousands of private jobs and more importantly, attract even greater numbers of visitors, businesses and tourists to Downtown Miami. f 1o0 _.27CJ�Ir�o t� C I Jn CEij R � o I- Y r , , A?R , ;i' � ,n II�ENrar , t I ;, 4 u, If M I VENETIAN CAUSEWAY L, \\�r:, ,-, 4py t0 z UF h;kt ;ll ` ��lAr/( MAC ARTHUR CAUSEWAY f. O V E R T O W N"�'::.:::•:::•:-•s::::::_.• I E E N.T C EN .....s` =171 jr LOCATION MAP 9 :8RICKE L e ISLA WAT N ISL NO DEVELO E`'� A EA O� 0 'AM lboo MAP NO. 2 One of the most significant Downtown projects affecting the study area is the Government Center. This 39 acre complex will house the major office facilities of the City of Miami, Dade County and the State of Florida and a regional serving cultural complex. Upon completion, the Government Center will have over 15,000 employees and attract 15,000 - 20,000 visitors daily and be a major regional activity generator. M The continued growth of the Port of Miami, expansion of the Omni -Midtown Commercial District, expansion of the Civic Center complex and programmed community improvement projects in other _ parts of the Overtown community will all have a major impact on the development of this area. Excellent regional access via I-95, I-395 and SR-836 expressway is available. Dade County's rapid transit system will link the area to major metropolitan employment centers, the Overtown station and five proposed people mover stations will adequately ` serve the area. Approximately 500,000 people reside within a five mile radius of the study area. C. Historic Evolution The study area encompasses one of the oldest residential and commercial areas of the City of Miami, although few structures of historic or cultural significance remain. Overtown "Overtown" is one of the oldest neighborhoods in Miami. In 1890, Miami was born when henry Flagler and his railroad required a place for its Mack workers to live, but Blacks were not allowed to live within the White community. The land west of the railroad tracks was within the City of Miami limits, today known as Overtown and was designated for Black employees. 9 The area grew and developed into a vibrant community. Blacks eventually became owners of businesses and thereby helped establish a viable economic community. Schools, homes, churches and commercial uses were developed. Blacks developed large economic ventures such as hotels, apartments, theaters, night clubs and small neighborhood markets. This created a very strong and pulsating community. In the 1920's and 1930's, N.W. 2nd Avenue was called Avenue G. It was a center for entertainment, retail stores and hotels. Dr. W.B. Sawyer built the first Black hotel in the area in 1921. The population continued to expand until the early 1960's. Desegregation, urban renewal, the neighborhood development program and construction of the SR-836 and I-95 expressways, signifi- cantly changed the character of the neighborhood. Residents were scattered and relocated and economic, physical and social decay become more pronounced.l Park West Most of the area currently referred to as Park West was part of the original plat for the City of Miami. Called the "Miami" Subdivision, this area was platted in 1896 by Mary and William Brickell, Julia Tuttle, Henry Flagler and the Fort Dallas Land Company, the principal developers of the early City of rtiami. While the initial development of Park West was for residential development, it soon established a commercial character, housing general commercial activities associated with its downtown loca- tion and proximity to the Old Port of Miami (site of Bicentennial Park). Before 1964, the area directly west of Bicentennial Park lUniversity of Miami, Culmer Park-Overtown, 1976 City of Miami Planning Department 10 was basically a warehouse and wholesale district related to the old port. When the port moved, the linkage was broken down and today few of the remaining businesses have any functional relation to the new port. New warehouses and containerized storage areas are provided on Dodge Island and areas west of the Miami International Airport. I 111 F-2�C�]�V�LOFPMENT PROPC•O��'�+L i III. REDEVELOPMENT PROPOSAL A. Existing Conditions While the predominant land uses within the study area are residential, industrial, transportation related and vacant, ` land uses differ markedly between the Park West and Overtown subareas. Total copula ion for t'ie tot.aI. redevelon',nnt _ area in 1990 was 4,275. Dark woc+- Within the Park West neighborhood, land is used primarily for transportation and utilities, surface parking facilities and wholesale/manufacturing/warehousing. Some land is vacant. The area is substantially underutilized and there has been little or no new construction in recent years. Office and com- mercial uses are primarily located north and south, along the major avenues and Biscayne Boulevard. The few residential uses are scattered in rooming houses, social welfare service centers and transient lodgings. I -lost of the warehouseing/manufacturing facilities in Park West are more compatible with uses develop- ing near the airport. The Park West Project Area contains approximately 100 businesses employing 1,500 employees and an estimated 222 residents, of which over 50% are classified as elderlyl. The population is characterized by a concentration of low income and transient type residents, many with severe social problems, including alcoho- lism. There has been a continual decrease in the residential population since 1960. Between 1970 and 1980, there was over a 50% decrease in population. A total of 90% of the 183 structures in Park West (area from 3 Port Railway north) contain some form of structural deficiency. Only 10% are rated in good condition requiring no upgrading. However, only 15 o are shown to be dilapidated or in need of major maintenance. 1 1980 U.S. Census 2 1980-1981 City of Miami Survey 3 1979, WRT 12 V) Over 40 structures are non -conforming uses based on the existing zoning, of which a substantial number are wood frame residential structures. The major blighting influences are related to a variety of physical and land use conditions which include underdeveloped land, substandard parking lots, poor lighting, poor vehicular access to private property, concentration of residential uses to serve a low income transient population. Private investment has been minimal, based on its strategic location in comparison to the adjacent CBD. Over the past 10 years, there have been 25 investments in improving property in excess of $100,000. With the excep- tion of the Greyhound Terminal and a few recent renovations, including the E1 Plaza Best Western Hotel, U-haul and the Camillus House, most investment has been west of Miami Avenue, east of N.E. 2nd Avenue, north of loth Street or south of 7th Street. The central part of the study area, therefore, has had the least improvement over the past 10 years. Although there are structures in Park West which are new and in good condition, the conclusion of a physical analysis shows the Park West area qualifies as a physically blighted area under the definition set forth in Florida Statute 163. Overtown The Overtown neighborhood, to the west of the station, is generally characterized by blighted residential structures, marginal retail facilities and an excessive amount of vacant and unproductive land. While the majority of residential uses are multi -family, some single-family and duplex units are scattered throughout the area. Retail commercial uses are located primarily on N.W. 2nd Avenue and N.W. 3rd Avenue. The community's most significant development assets are Douglas Elementary School, Gibson Park and Booker T. Washington High School to t'_ie west and several churches located vyithin the community. 13 r" a The population of the southeast Overtown quadrant declined by approximately 48% between 1970 and 1980 from 6,313 to 3,283. Within Overtown, three subareas have been delineated. 1. Overtown Transit Redevelopment Area 1 (Bounded by N.W. 6th Street, N.W. 8th Street, N.E. 3rd Avenue and N.W. 1st Court) 2. Overtown housing Rehabilitation Demonstration Area Phase I (Bounded by N.W. 8th Street, N.W. llth Street, I-95 and N.V. 1st Avenue) 3. Overtown Housing Rehabilitation Demonstration Area Phase II (Bounded by N.W. llth Terrace, I-95, N.W. 1st Avenue and I-395. A survey of housing conditions reveals that in subarea 1 (Overtown Transit Redevelopment) out of a total of 453 housing units, 90% are in declining condition and require major repairs. A total of 328 units are occupied, representing a 38% vacancy rate.2 Only 1% of the total number of housing units are owner occupied. There are 14 businesses within the study area. The commercial structures which are located on N.W. 2nd Avenue are 50% vacant, while 90% of these structures require major repair or demolition. Employment data for the area indicates 50% of the residents are employed in low skilled, low paying jobs. The remaining half of the population is divided among 25% unemployment and 25% recipients of social security, pension and FDC. The survey of structural conditions for subarea 2 (Overtown Housing Rehabilitation Demonstration Phase I) indicates that out of 98 total structures, only 20 are in standard condition 1This area has been combined with 2 blocks located east of the Transit Station in the Park West Area. 14 LM Ln and 69 are in substandard condition.2 The average household size is estimated at 3.58. The majority of incomes in this area are below the $8,000 median for the City of Miami. The land use is predominantly residential, although 17 commercial structures are contained in the area. Commercial vacancies currently exceed 50% of existing space. A survey of housing conditions in subarea 3 (Overtown Housing Rehabilitation Area Phase II) reveals that over 900 of the 677 units are in substandard condition. The population re- flects socio-economic characteristics similar to those found in subarea 2. 1 1980, U.S. Census 2 1981, City of Miami Planning Department is B. Redevelopment Objectives Based upon the analysis of existing conditions, established community priorities, the regional housing market and the dynamics of Downtown Miami, redevelopment objectives have been developed as a policy framework for preparing the redevelopment plan. The objectives relate closely with the development concept which has been evaluated and tested for feasibility. Thus, the following specific objectives reflect only what has been determined to be feasible and practical and consistent with overall redevelopment objectives of the City of Miami. Overtown (Overtown Redevelopment Plan) • Better employment opportunities and upward job mobility for residents. • Provide opportunities for Blacks to manage and own businesses. • Maintain existing business and attract new business, • Stress rehabilitation of existing housing. • Replace dilapidated housing. • Provide opportunity for residents to continue to live in Overtown. • Promote home ownership and new housing for moderate income families and encourage an income mix in all housing. Improve the delivery of human services. • Emphasize crime prevention and maintain security in the area. 16 LM 0 • Restore a sense of community and unify the area culturally. • Promote the orderly use of land. • Preserve historic buildings and sites. • Provide better transportation links to employment and service centers. Park West (Miami Park West; A Redevelopment Program for Downtown Miami, Technical Appendix) • Remove slum and blight conditions. • Reinforce the property tax base. • Encourage day and night activities in Downtown Miami. • Reduce travel distance for Downtown workers. • Resolve existing and future transportation conflicts. • Maximize environmental assets. • Minimize adverse impacts on existing viable commercial and industrial uses serving the Port and Downtown. • Reinforce public investment in Bayfront and Bicentennial Park and transit facilities. • Expand housing choices for Downtown workers. • Encourage a comprehensive large scale redevelopment of Park West. • Provide linkages with adjacent planned uses. LL 17 Lei Overall Redevelopment Area (Southeast Overtown/Park West Ad Hoc Committee) • Better integration of the physical redevelopment of both areas. • Establish a mechanism for community participation in moni- toring the redevelopment process. • Assure concurrent redevelopment of both the Overtown and Park West segments of the redevelopment project. • Extend redevelopment activities in the Overtown segment outside of the 4 block UMTA area. • Better economically integrate housing opportunities within the Park West area. • Establish strong policies and programs for Black partici- pation in the redevelopment process (jobs, contracts, equity, etc.). • Increase funding for redevelopment activities in Overtown from that outlined in the original Plan. C. Redevelopment Proposal The implementation of the redevelopment programs proposed for the Park West and Overtown subareas will result in the con- struction in total of approximately 4,000 new residential units, 600,000 sq. ft. of new office space, 500,000 sq. ft. of retail space, 400 - 500 hotel rooms and the rehabilitation of 830 units of housing. it will result in the removal of over 640 occupied units of generally substandard housing, marginal hotels and rooming houses and will necessitate the relocation of over 120 businesses. It is anticipated that over $590,000,000 in private reinvestment (1980 dollars) will be generated. Major public investment will be through the establishment of a Tax Increment Finance District. Additional public support will be directed to Overtown through the Commu- nity Development Block Grant Program and other Federal and local resources. Overtown In 1979, as part of the Overtown redevelopment planning process, a philosophy for the development of the Overtown area was pre- pared by an Ad Hoc Planning Committee composed of representa- tives from the community, business and government which has been incorporated into the Plan for the area and remains the theoretical basis for the redevelopment of Overtown. The Overtown/Culmer area of Miami has a rich history. It played a significant part of the development of Miami, pri- marily through the advent of the railroad. It is timely and fitting that redevelopment of Overtown be implemented at this time and such redevelopment retain as much as possible a sense of Afro-American tradition and culture along with mixed resi- dential and commercial development. We must plan for the orderly development of the entire area and all segments of it must be viewed as one to recreate a sense of community, progress and pride. Ln 0 19 - - ®1mJ ,� f(►(i(�(i I ,.. .• q n J LIU - - "rWWI _ HIM 11111111 a� 4�d _ ! H-4 H-I-� 1 I .. BICENTENNIAL fill I PARK [+f� i LLU Lim MAP NO. --♦-� PEOPLE MOVER AND STATION REDEVELOPMENT ACTIVITY MAP RAPID TRANSIT 1- DVERTOWN REHABILITATION DEMONSTRATION AREA RAPID TRANSIT ALIGNMENT to -PHASE 1, 16-PHASE II TRANSIT STATION 2- OVERTOWN TRANSIT STATION REDEVELOPMENT AREA 3- PARK WEST PROJECT AREA Kill COMMUNITY REDEVELOPMENT AREA ((((( 0 200 ono 20 - I h� 1 Planning for the Overtown area must be coordinated and inte- grated with planning for the surrounding areas including the Government Center, the Civic Center, the Garment Center, Downtown, Park West and the Omni -Midtown area. People living in the area today should have the opportunity to continue to reside there and share in all aspects of re- development efforts. Programs should be aimed not only at physical changes, but should also seek improvements in the job opportunities, income levels and business development needs of residents. New moderate and middle income residents should be attracted to the area. Black businesses and community development institutions should be full participants in the redevelopment process. While substantial government investment will be needed to provide a catalyst for improvements, a key strategy is to create a climate for private reinvestment in the area. The study area is comprised of numerous substandard structures, a high rate of abandonment of residential and commercial buildings, excessive vacant land, below average socio-economic profile of the residents and high crime rate. These condi- tions impede any effort, short of a concerted development scheme, to improve the area. Without a concerted public program aimed at the redevelopment of the area, it is anticipated that existing trends will continue since conditions within the physical environment have degenerated to a level that does not allow private market forces to operate. Due to the severity of the problems facing this community, it is necessary to institute a compre- hensive approach maximizing the utilization of public and private sector resources. 21 r-- 9 r_ Two redevelopment projects have been delineated for the south- east Overtown area within the Overtown community redevelopment plan and incorporated within this document. 1. Overtown Transit Station Impact Area - Redevelopment Project This program entails the acquisition and clearance of the 4 blocks west of the Overtown Transit Station. The area is bounded by N.W. 6th Street, N.W. 8th Street, N.W. 1st Avenue and N.W. 3rd Avenue. The project entails the acquisition of approximately 10 acres of land occupied by 328 occupied housing and 14 businesses. Reuse of the property is proposed for approximately 360 new housing units, 200,000 sq. ft. of office space, 60,000 sq. ft. of retail and a 150 room hotel. Estimated land acquisition and relocation costs are approximately $8,200,000. An important element of this project will be the establish- ment of a mechanism that will allow existing property owners to participate in the redevelopment program. Funding of $6.9 million to initiate this project has been provided by the U. S. Department of Transportation, Urban Mass Transit Joint Development funds. 0 i This project area will be expanded to include the two blocks east of the station bounded by N.W. 7th and 9th Street8, North Miami Avenue and N.W. lst Avenue. This will allow for better overall project integration. An Urban Design Plan will be pre- pared for the whole area. Recommended development will include residential and commercial development (note page 26). 2. Overtown Rehabilitation Demonstration Area This project has been delineated for the area of Overtown bounded by N.W. 8th Street, I-395, I-95 and the FEC right-of-way. The major aspect of this program is the "recycling" of the area's existing housing resources. There are currently approximately 1,000 residential units in need of rehabilitation assistance (vacant structures and those slated for acquisition, as part of the major Metrorail system, have been excluded). 22 Through an intensified low interest, moderate and substantial rehabilitation program, it is anticipated that approximately 830 standard units can be developed.1 This reduction is the result of enlarging subminimal size units and creation of more one and two bedroom units. Due to the drastic cutback in direct Federal assistance for rehabilitation, it is proposed that re- sources including those generated from the tax increment in conjunction with Community Development Block Grant funds be utilized. Rehabilitation of substandard multi -family structures within the area has already been initiated through the Community Development Block Grant Program. Significant opportunities lie within this area for new infill residential development. Approximately 24 acres of land are totally vacant, occupied by vacant structures, or substandard wood frame structures which are infeasible to rehabilitate economically. This area could support approximately 260 new residential units developed at a medium density (12 to 18 units per acre). Recommended development will be for quadruplexes, townhouses and duplexes and homeownership will be fostered by the establishment of a second mortgage housing program. Higher density residential redevelopment is proposed for the 2 blocks north of the Over - town Transit Station which could support over 200 housing units. A portion of this property has been recently acquired by the City. Public land acquisition will be undertaken only when the owner does not wish to upgrade his property or re develop it consistent with the Plan. Maximum opportunities for redevelopment will be encouraged south of N.1-:. llth Street in order to better integrate this area with the Park West development and complement redevelopment activity within the UNITA project area. High rise development is proposed east of N.W. 2nd Avenue in the vicinity of N.W. 9th Street in order to provide a focal point for redevelopment. N.W. lst Avenue will be developed as a major entryway into the Overtown community. Due to the extensive nature of this project, the area has been divided into 2 phases, Phase I encompasses the area south of the Metrorail alignment and Phase II will include the area north to 1-395. Note: Appendix for rehabilitation pro -forma on typical structure 23 r The proposed rehabilitation of commercial structures and the limited new infill commercial development proposed, will aug- ment the residential revitalization of the community. Minimal displacement of area residents is anticipated by this revital- ization strategy since a 1596 vacancy rate exists (July 1981) within the area and the anticipated reduction in actual number of apartment units through rehabilitation efforts will be off- set by the construction of new housing units on an infill basis and the development of the 2 blocks north of the Overtown Transit Station which can support an additional 200 units. Overall, the area could have a net gain of residential units, excluding property acquired for transit right-of-way. Dark W[:Ac+- Few of the existing uses in Park West today are functionally tied to surrounding areas and most will benefit from a location designed for warehouse or industrial use rather than a congested Downtown area. The 86 acres of Park West have not benefited from the growth of the Central Business District to the south or the Omni area to the north.l Between 1975 and 1979, only 4 building permits for new construction were issued. The assessed value for all land and improvements in the 86 acre area was only $17,403,000 in 1979. Plaza Venetia, just north of Park West, completed in 1980 with only 300 residential units, has a value of $23 million on less than 2 acres. Park West land is underdeveloped when compared to neighboring areas to the north and south. Market analysis has shown a strong demand for residential sale and rental units. If adequate land were made available, over 6,000 residential units could be sold or rented in Park West. In addition, by the mid-1980's, demand for a new hotel is very probable. Area located north of the Port Railroad 24 0 Tax increment financing is an appropriate method of financing the redevelopment of Park West. The tax increment at comple- tion of redevelopment will be $7,400,000 per year. This could support a bond issue of $56,000,000 over 20 years assuming an average interest rate of 120. Depending on the specific public action, including land assembly, public improvements and assistance for middle income rental housing, the level of net public investment (total public cost - land sale proceeds) may approximate $34,664,000. Approximately $48,000,000 of tax incre- ment allocation bonds will be issued over a 6 year period to finance the public investment program. Without redevelopment, the Park west area will remain as a blighted part of central Miami. Most blocks have multiple ownerships. There is no incentive to assemble land in the skid row environment which exists west of N.E. 2nd Avenue. The blocks fronting on Biscayne Boulevard could develop without public assistance, however, they would benefit from elimination of the slum and blight on adjacent blocks. The recommended redevelopment plan for the Park West Project area during the 8 year redevelopment program includes public acquisition, relocation and demolition in a 10 block action area west of N.E. 2nd Avenue. Public costs associated with this action excluding land sale proceeds are $25,975,000. The Plan recommends an additional $9,150,000 for middle income rental housing subsidies on 610 units, $7,025,000 for the construction of parking, $1.0,000,000 for public improvements, and $3,432,000 budgeted for administration. 25 t ) Private investment anticipated from this public action includes 3,030 residential units in the 86 acres designated as the Park West Project Area. In addition, 400,000 sq.ft. of office space, 300,000 sq.ft. of retail use and 580 resi- dential units are proposed east of the Overtown Transit Station in Park west. Six hundred ten of the rental housing units will be geared for middle income households. The value of the private investment in the Park West portion of the tax district will be $410,600,000 at completion (in 1980 dollars). This is 14 times the present value of the 10 block action area, plus the 4 bayfront blocks also included in the tax district. Completion of the redevelopment of Park West will take over 8 years (1983-1990). Public management is necessary in design controls, public improvements and project management. w 26 V) I i�/ RE���/ELOPMENT PLAN IV. REDEVELOPMENT PLAN A. Land Use Plan The land uses proposed under this plan are generally in conformance with the Miami Comprehensive Neighbor- hood Plan 1976 - 1986. (ltfcr�n�.tn Land use activities proposed for the Overtown portion of the Redevelopment Plan area is generally consistent with the Overtown Redevelopment Plan, 1979. The pro- posed land use from N.W. 6th Street to N.W. 8th Street is for high density residential and commercial develop- ment. This development is predicated upon its proximity to the Overtown Transit Station. Between N.W. 8th Street and N.W. 14th Street, the existing medium -density resi- dential development pattern has been retained. Mixed use commercial/residential development is proposed along portions of N.W. 2nd Avenue and N.W. 3rd Avenue. Overall, there will be a reduction in land designated for commercial use. Residential densities will be increased within the area adjacent to the station and along the proposed N.W. 1st Avenue Boulevard. Park West Proiect Area Land uses proposed for the area are for high -density residential with supporting retail and service activities. Office development related to transit area corridors on both the eastern and western boundaries of Park West is proposed. Incentives will be provided for mixed use development throughout the area. Mandatory retail development will be required along the proposed 9th Street Central Mall. The proposed land use repre- sents almost a total modification of the existing land use pattern. 27 '4 i LAND USE MAP G MIXED RESIDENTIAL/COMMERCIAL I. HIGH DEN5ITY RES /COMMUNITY COMM 2. HIGH DENSITY RES /LIMITED COMM 3. MODERATE -HIGH DENSITY RES /LIMITED COMM 4. MODERATE -HIGH DENSITY RESIDENTIAL/ MANDATORY RETAIL 5, MEDIUM DENSITY RES./LDCAL COMM. VZ= RESIDENTIAL 6. MEDIUM DENSITY 28 Z= COMMERCIAL 7. HIGH INTENSITY CENTRAL S. GENERAL COMMLHCIAL 9. LOCAL Q!$AID INDUSTRIAL 10. LIGHT GuuiD P76LIC SEMI PUBLIC II. PARKING 12. PARKS, OPEN SPACE 13. INSTITUTIONAL MAP NO. 4 I • Other Areas Land use activities proposed for the remainder of the study area are for commercial use which will compliment proposed redevelopment activities. General commercial development is proposed north of llth Street and south of I-395 within the study area and between N.W. 5th Street and N.W. 7th Street adjacent to the municipal railway. Land Use Categories (Note Map 4 for location) 1• - Mixed High -Density Residential/Community Commercial Future development in areas so designated shall be limited to structures appropriate for high density residential, hotel and commercial development. Mixed use development will be encouraged. A Floor Area Ratio (FAR) of 4 is recommended. 2. - Mixed High. -Density Residential/Limited Commercial Development Future development in areas so designated shall be limited to structures appropriate for high density residential and limited commercial development. Commercial uses shall be permitted only in conjunction with residential development' and commercial uses shall not exceed a permitted FAR of .5. A FAR of ' 3 is recommended. 3. - Mixed Moderate Iiigh-Density Residential/Limited Commercial Development Future development in areas so designated shall be limited to structures appropriate for moderate high -density residential and limited commercial development. Commercial uses shall be permitted only in conjunction with residential development and commercial uses shall not exceed a permitted FAR of .5. A PAR of 2 is recommended. 29 0 ll� 4. - Mixed Moderate -High -Density Residential/Mandatory Retail Development Future development in areas so designated shall be limited to structures appropriate for moderate high -density resi- dentia•1 development only if development occurs in conjunc- tion with first floor retail activity. Retail development will be permitted without residential development. Resi- dential development permitted over retail shall not exceed 5 floors. 5. - Mixed Use. Medium -Density Residential/Local Commercial Future development in areas so designated shall be limited to structures appropriate for medium -density residential and local commercial activities as defined by the C-2 District of the Miami Comprehensive Zoning Ordinance. Maximum resi- dential densities will be restricted to 56 units per acre. 6. - Medium -Density Residential Development Future development in areas so designated shall be limited to structures appropriate for residential development as defined by the R-4 District of the Miami Comprehensive Zoning Ordin- ance. Maximum residential densities will be 56 units per acre. 7. - High -Density Central Commercial Development Future development in areas so designated shall be limited to structures appropriate for high -density commercial development appropriate for the central business district. Uses permitted will be consistent with those defined by the C-3 District of the Miami Comprehensive Zoning Ordinance. 8• - General Commercial Future development in areas so designated shall be limited to commercial development as defined by the C-4 District of the Comprehensive Zoning Ordinance which are compatible with residential development. 30 =n � 1 9. - Local Commercial G� Future development in areas so designated shall be limited to commercial development as defined by the C-2 District of the Miami Comprehensive Zoning Ordinance. Residential develop- ment will be permitted only in conjunction with commercial development. 10. - Light Industrial Future development in areas so designated shall be limited to industrial activities as defined by the I-1 District of the Miami Comprehensive Zoning Ordinance,which are compatible with residential development. 11. - Public Parking Future development in areas so designated shall be limited to public parking facilities. If such use is not developed, reuse will revert to adjacent designated land use, 12. - Parks and Open Space Future development in areas so designated shall be limited to park and open space development as defined by the P-R District of the Miami Comprehensive Zoning Ordinance. 13. - Public and Semi -Public (Institutional) Future development in areas so designated shall be limited to public and semi-public uses including churches, community facilities and governmental offices. 14. - Transit Future development in areas so designated shall be limited to uses related to the Dade County Rapid Transit System. 31 B. Zoning Plan The Zoning Plan provides a major mechanism for the implementation of the Land the Plan (Note Map 5). Zoning categories incorpora- ted within this plan are included within the Miami Comprehensive Zoning Ordinance. Overtown - Zoning changes proposed for the Overtown Area are generally consistent with the Overtown Redevelopment Plan. Re- sidential zoning has been expanded in an effort to provide addi- tional opportunities for residential development and encourage the concentration of commercial development at locations where they will be most viable. Mixed use development will be en- couraged adjacent to the Overtown Transit Station. Park West - The unique nature of the Park West Project will nec- essitate the creation of a Special Purpose. Zoning District which will incorporate zoning recommendation put forth in the Miami Park West, A Redevelopment Program for Downtown Miami Proposed elements of the Park RestInc ul de: incentivesror residential development, mandatory retail along the proposed 9th Street Mall, parking garages,.setbacks, heights, and entrances, -building height controls in the central corridor, provisions for pedes-. trian bridges over streets, setback from streets to permit view corridors, and other controls as may be deemed appropriate. Ad- ditional study will be undertaken for areas north of llth Street and south of 7th Street. Commercial development will be permit- ted in these areas which is compatible within the overall rede- velopment objectives of Park West. Zoning categories incorporated within the plan include: P-R Park and Recreation G-U Governmental Use R-4 Medium Density Multi -family C-2 Community Commercial C-3 Central Commercial C-4 General Commercial 32 MAP NO. 5 ._----- Z O N 1 N G PLAN PEOPLE MOVER AND STATION RAPID TRANSIT RAPID TRANSIT ALIGNMENT � TRANSIT STATION 0 200 33 - SPD- Park West Special, Purpose District - GU - Governmental Use MXD-1 Mixed Use District The following zoning changes are proposed to implement the Land Use Plan and facilitate the orderly redevelopment of the study area. (Note Map 6 for location). 1. C-2 to R-4 2. C-2 to P-R. 3. C-5 to MXD-1 4. R-4, C-2, C-5, C-4 to MXD-1 5. R-4 to C-2 6. C-4, C-2, C-5, I-1 to Park West SPD 7. R-4, C-2 to MXD-1 8. C-5, to MXD-1 34 N MAP Na 6 PROPOSED ZONING CHANGES .�.�-. PEOPLE MOVER AND STATION t TO R-4 5 R-4 TO C-2 r. RAPID TRANSIT r1 6 C4,C-4,C-5,1.1 TO SPO C:I= RAPID TRANSIT ALIGNMENT 2 C-2 TO P-R T M%D^I � 7 TRANSIT STATION 3 G-5 TO MXD-i C•2,R-4, 0 4 C-5 TO MXD-I 0 200 G-2,C-4,C-5,R-2 TO MXD-1 8 35 0 VJ C. Traffic and Transportation Plan The following transportation circulation and parking recommenda- tions are aimed at improving conditions throughout the study area and will augment the proposed land use plan. The construction of the Dade County Rapid Transit System and the Downtown People Mover will have a substantial impact on both the Overtown and the pro- posed Park West community by creating new opportunities for econo- mic development. Overtown During the last 6th year the City of Miami and Dade County have undertaken a major street rebuilding program within the Overtown Community. All local streets needing rebuilding have been up- graded along with NW 2nd Avenue. Proposed improvements aim at improving both pedestrian and vehicular access to the Overtown Transit Station and provides for needed public and private off- street parking facilities. Recommended improvements include: (Note Map 7 for location). 1. Rebuild and beautify NW 3rd Avenue from NW 8th - 14th Streets 2. Improve streets adjacent to the Overtown Transit Station (NW 7th Street and NW 1st Court) a. Enhance pedesirian access to the station b. NW 1st Court adjacent to the western boun- dary of the station should be widened for left turns into the station. C. Provide a new traffic signal at Nil lst Court and 8th Street 3. Develop a pedestrian ^laza in conjunction with private redevelopment in the vicinity of NW 2nd Avenue and 7th Street. 4. Improve pedestrian access to the station by creating a pedestrian mall between the Overtown Transit Station and NW 9th Street and 2nd Avenue 36 MIN 00, 00, 00, ��� � ��iii 'u �� las � i�t? : wIN�NN;iRNNNH _NH1�111t.Hii f on ■`````" - U-k PARK I � j•1f ;:. V<n�■�■1 � 1 � ■■!� N■iA.■ ■i�i�■ Man lYW ■�uY m TRAFFIC AND TRANSP0RT,ATIVN PLAN MAP NO.7 • s M PROPOSED N.W. Ist AVE BLVO PUBLIC PARKING GARAGE TRANSIT STATION �•�`I MINOR STREET IMPROVEMENTS ® PUBLIC PARKING LOT RAPID TRANSIT PEDESTRIAN MALL AND WALKWAY ** PRIVATE PARKING EXPANSION THROUGH PUBLIC LAND DISPOSITION I111111 VACATING STREET, RAILROAD ROW ^..♦._ PEOPLE MOVER AND STATION IIIII I 0 SIGNALIZATION IMPROVEMENTS (J RAPID TRANSIT ALIGNMENT 0 200 Ln a� 37 5. Expand Public Parking Facilities a. Develop a metered lot on the northwest corner of N.W. 9th Street and 2nd Avenue that is cur- rently vacant b. If future demand arises, develop public park- ing under the transit guideway 6. Expand Residential Parking Facilities a. Through the land disposition process additional land will be made available to adjacent property owners for the development of private parking facil- ities 7. Close N.W. 1st Court between N.W. 8th and 9th Streets 8. Upgrade the overall pedestrian environment through landscaping, widening of sidewalks, etc. Special attention should be given to N.W. 7th Street which will be the major pedes- trian access to the Transit Station within Overtown. 9. Develop a parking structure along N.W. 3rd Avenue between 7th and 8th Streets in conjunction with redevelopment of the block 10. Develop N.W. lst Avenue into a boulevard with public parking under the Metrorail alignment. The boulevard should also include extensive landscaping Park West Project Area The movement system for Park West is based on the assumption that all north -south streets must remain open at peak hours for CBD trips. Major auto entrances to the new Park West residential development will be from the east -west streets. Any access/curb cuts to new development from north -south streets should be discouraged and if necessary, should be carefully reviewed for traffic impact before they are allowed. 38 V) Port traffic will have to be rerouted and be restricted south of the redevelopment area on the paired, one-way streets, fifth and sixth. This traffic can then be routed north on a widened N.W. 1st Avenue Boulevard to an interchange with I-395. These improvements should be made as soon as possible to coordinate with the redevelopment program. Costs of traffic improvements are considered as regional improvements and are not part of the redevelopment program. Pedestrian traffic on north -south streets will. follow existing and widened sidewalks. On N.E. 2nd Avenue, a special sheltered pedestrian area should be developed under the proposed DCM system. Therefore, most ground level retail would be oriented to N.E. 2nd Street and other north -south streets except along the 9th Street Mall. Upper level walks and pedestrian bridges linking them will be permitted to encourage access to the central community spine. Pedestrian ties to DCM stations will be required at upper levels. Major pedestrian activity will be oriented toward the 9th Street Corridor which will be the major amenity for the project and focal point of the redevelopment area. Parking within the area will be provided by a series of public and private garages. It is estimated that 3,340 parking spaces will be required. Recommended improvements include: (Note Map 7) 1. Vacating of the Municipal Railroad from N.W. 1st Avenue to Biscayne Boulevard and redeveloping it in conjunction with adjacent tract of land. 2. The establishment of a community corridor (Central Mall) from Biscayne Boulevard to the Overtown Transit Station. The existing ROW along N.E. 9th Street should be vacated from Biscayne Boulevard to North Miami Avenue. Between North Miami Avenue and the Overtown Transit Station, the Central Mall will be developed in conjunction with private redevelopment. 39 TAB: Ll� 3. Develop a boulevard along N.W. 1st Avenue from the Government Center to I-395 and upgrade I-395 inter- change for improved traffic flow from the proposed N.W. 1st Avenue Boulevard 4. Street improvements, including paving, curb repair, new curbs, general street repairs and landscaping should be undertaken on all streets between N.W. 7th and llth Streets, between Biscayne Boulevard and N.W. 1st Avenue. In general, these repairs are minor in nature 5. Reroute Port truck traffic along 5th and 6th Streets 6. Develop public parking facilities. It is proposed that three publicly assisted parking structures be developed: on the block bounded by N.W. 9th Street, N.W. loth Street, North Miami Avenue and N.W. lst Avenue; on the block bounded by N.W. 7th Street, N.W. 8th Street, N.W. 1st Avenue and North Miami Avenue; and on the block bounded by N.W. 9th Street, N.W. 8th Street, N.W. 1st Avenue and North Miami Avenue. These parking facilities will be utilized for tenants of rental apartment units to be developed within the project area. Other public parking facilities may be required especially spaces to serve.the 9th Street retail corridor. 7. Construct a pedestrian overpass to the Overtown Station at N.W. 7th Street. 40 D. Community Facilities and Services Plan The provision of adequate community facilities and services is essential in order to complement redevelopment activities pro- posed for both the Overtown and Park West sub area. Proposals set forth will enhance the Land Use Plan (Note Map 8). Overtown The Overtown Redevelopment Plan approvedin 1979 contains an ext�ens�ive array of_ Diu_EIIc actions to upgrade the availability and delivery of t:ommunity facilities and services to area resi- dents. Since the SE portion of the larger Overtown Community will remain an integral hart of the total community, recommenda- tions relating to non-physical improvements as set forth in the Overtown Redevelopment Plan will remain in force. Programmed improvements identified in this plan aim at upgrading the physi- cal environment. Major improvements to sanitary sewer system have already been made as well as the provisions of high in- tensity street lighting. Recommendated actions include: 1. Provide Increased Open Space a. Develop a community tPlaza on the SE corner of NW 2nd Avenue and 9th Street and a walk- way linking the plaza with the Overtown Trans- it Station Plaza. b. Refurbish the NW 2nd Avenue Mini Park C. Substantially landscape and maintain area under and adjacent to the Metrorail Guideway d. Develop pedestrian plaza on block bounded by NW 6th, 7th Streets, NW lst and NW 2nd Avenues in conjunction with private redevel- opment of the parcel for commercial use. 2. Strenghten Black Cultural Identity a. Establish a historic District between NW 8th and llth Streets, provide rehabilitation 41 LHH",.,JL - - - ED ofL -111_ L .t 1 - II IAI I I I I I I ' I' ` ;�� �\�1:•► � r - -_ E �� f � - I � � _ 1._ -I-- - - 3.1 PEDESTRIAN OVERPASS II 1! I:AI,41 !!!I 1! ! 1111 "— rrrrrTTTM ffl-HffM . s� I r 1 I_I I I l l 1� l� 1�1.1 L1111 _.I IT']l f }tffl-I-t} j UICENTLNNIAL M7TTTT-_ PARK /, T --- COMMUNITY FACILITIES AND SERVICES 42 .--N. o— PEOPLE MOVER AND STATION EXTENSIVE LANDSCAPING ®HISTORIC DISTRICT MAP NO. 6 �� RAPID TRANSIT IIIIIIIII OF GUIDEWAY AND PARK C RAPID TRANSIT ALIGNMENT C� PARK STRUCTURES OF HISTORIC SIGNIFICANCE � TRANSIT' STATION � PEDESTRIAN CORRIDOR ■ RELOCATION OF O.A. DORSEY I: , PLAZA DEVELOPMENT HOMESITE �.✓' 0 200 -II —I r'In F It411i1t' I ���,�J lh rT! d 1 ff?1 11 I! m'! ! i I PEDESTRIAN OVERPAS 11 1! lzj" I I I! I 1!! 1!! 1 C M• -rrtTll-rTTTT ju AL N I. E� v _ 1-4 L L.. BICENTENNIAL PARK LLLU . .. r R Iu u COMMUNITY FACILITIES SERVICES .AND .-�— PEOPLE MOVER AND STATION EXTENSIVE LANDSCAPING ® HISTORIC DISTRICT MAP NO. 8 RAPID TRANSIT �IIIIIIII OF GUIDEWAY AND PARK ® STRUCTURES OF HISTORIC SIGNIFIGANCE RAPID TRANSIT ALIGNMENT PARK TRANSIT STATION -m PEDESTRIAN CORRIDOR ■ RELOCATION OF C.A. DORSEY ,�IE1f PLAZA DEVELOPMENT HOMESITE 111II 1 (D 0 200 42 _ TAT �• ���;�� �� IIl�III LL - 1 L• � I i 90 � , ,tf�!rtfte�ttte, 1 t NN�ra`� 'HICLINITENNIAL i 1 RK Coo /Ni�0� �M _ a IHiHN N /r../ i �//,i sue:» .N#NIN NIIINI IN« 1 f!!IN I NN i■■■■� �a�■■■■�tu tu■w :z=�x. ■ >ruuuaru�s�nut� A 1 COMMUNITY FACILITIES AND SERVICES — .-4D-- PEOPLE MOVER AND STATION t + t EXTENSIVE LANDSCAPING ® HISTORIC DISTRICT MAP NO. 8 wm. RAPID TRANSIT (IIII�II� OF GUIDEWAY AND PARK RAPID TRANSIT ALIGNMENT PARK ® STRUCTURES OF HISTORIC SIGNIFICANCE TRANSIT STATION E PEDESTRIAN CORRIDOR ■ RELOCATION OF D.A. DORSEY — PLAZA DEVELOPMENT HOMESITE IIIii 0 1000 42 H a� assistance for commercial, residential and insti- tutional structures of historic significance when economically feasible to rehabilitate in the area. b. Sign structures and sites of historic significance C. Relocate the DA Dorsey Homesite to the proposed walkway north of Transit Station and refurbish for use by the Black Archives as museum. Park West Project Area The investment in a water -oriented community corridor pedestrian walkway along the right-of-way of 9th Street, and extending 80 feet on both sides is a critical element of the redevelopment program. The utility capacity exists and is now in place for a major development in the Study Area. Overall public utilities within the study area are adequate for the proposed redevelopment program although any changes in street configuration will require modification of the connec- tions to the sanitary and storm drainage systems. Few modi- fications to major storm and sanitary collectors appear to be necessary. In general the area will be adequately served by existing com- munity facilities located in close proximity. Recommendations include: 1. Develop a pedestrian corridor along the right- of-way of 9th Street and link it to the Overtown Transit Station and Biscayne Boulevard. There are four major elements in the program for this corridor - a. Overtown/Park West Plaza - this area will serve as the entrance to Park West from the Overtown Transit Station. A formal plaza will be developed in conjunction 43 w with private redevelopment of the area. Acti- vities will be regional in nature and relate to the Government Center to the southwest. b. Community Square will focus on community ser- vices shared by Park West and the region, such as child care for small families, health care offices, meeting rooms, and 24-hour retail services. This may also include a security office for the central mall. A water theme will link the square with the central mall. c. Central Mall will be a combination of the scale and character of a Latin American street with the quiet elegance of protected courtyards simi- lar to those off Worth Avenue in Palm Beach. The mall will extend for two blocks with a water theme as the major focus. Fountains, foot bridges and well -designed pedestrian areas will be care- fully lit at night to enhance views from above. Service and parking will be from the rear in public garages which also serve high density residential above. d. Bayview Plaza will be linked to an extension of the new Downtown Component of Metrorail across 2nd Avenue. A water theme will be the focus of this plaza. The plaza will visually and func- tionally link the Central Corridor to Bicenten- nial Park. 44 r E. Housing Plan The thrust of the Southeast Overtown/Park West Community Redevelopment Plan is for the provision of an improved residential environment that will afford housing oppor- tunities to all segments of the population. Eventually, the area will have between 4,000 - 6,000 housing units. Three distinct residential development strategies have been developed for the planning area. (Note Map 3) Overtown Rehabilitation Demonstration Area Proiect The section of Overtown bounded on the north by I-395; the east by the FEC Railroad right-of-way; the south by N.W. 8th Street; and the west by I-95, is proposed for the implementation of a comprehensive revitalization program. The proposed program will seek to ameliorate the physical, economic and social problems which the area is experiencing through an intensified program of resi- dential and commercial rehabilitation, new housing develop- ment geated for homeownership and economic assistance. This project was identified within the Overtown Redevelop- ment Plan and steps have been taken to initiate this program with the utilization of Community Development Block Grant Funds. The major aspect of this program is the "recycling" of the area's existing housing resources. It is estimated that there are currently 1,000 occupied residential units in need of rehabilitation assistance (vacant structures and those slated for acquisition as part of the Metrorail system have been excluded). Through an intensified low interest moderate and substantial rehabilitation program, it is anticipated that approximately 830 standard units can be developed. This reduction is the result of enlarge- 45 6n E. Housing Plan The thrust of the Southeast Overtown/Park West Community Redevelopment Plan is for the provision of an improved residential environment that will afford housing oppor- tunities to all. segments of the population. Eventually, the area will have between 4,000 - 6,000 housing units. Three distinct residential development strategies have been developed for the planning area. (Note Map 3) Overtown Rehabilitation Demonstration Area Proiect The section of Overtown bounded on the north by I-395; the east by the FEC Railroad right-of-way; the south by N.W. 8th Street; and the west by I-95, is proposed for the implementation of a comprehensive revitalization program. The proposed program will seek to ameliorate the physical, economic and social problems which the area is experiencing through an intensified program of resi- dential and commercial rehabilitation, new housing develop- ment geated for homeownership and economic assistance. This project was identified within the Overtown Redevelop- ment Plan and steps have been taken to initiate this program with the utilization of Community Development Block Grant Funds. The major aspect of this program is the "recycling" of the area's existing housing resources. It is estimated that there are currently 1,000 occupied residential units in need of rehabilitation assistance (vacant structures and those slated for acquisition as part of the Metrorail system have been excluded). Through an intensified low interest moderate and substantial rehabilitation program, it is anticipated that approximately 830 standard units can be developed. This reduction is the result of enlarge- 45 s ment of subminimal size units and the creation of more one and two bedroom units. Due to the drastic cutback in direct Federal assistance for rehabilitation, it is proposed that local resources including those generated from the Tax Increment Financing District, in conjunction with the Community Development Block Grant funds be utilized. It is anticipated that 630 units will be moderately rehabed at a cost of approximately $10,000 per unit and that 200 units will be slatted for more substantial rehabilitation as part of a program to foster cooperative housing. Estim- ated rehabilitation and financing costs for these structures is $25,000 per units. Significant opportunities lie within this area for new infill residential development; approximately 24 acres of land are totally vacant, occupied by vacant structures or substandard wood frame structures which are economically infeasible to rehabilitate.) This area could support approximately 276 resi- dential units developed at a medium density. Recommended development will be for quadruplexes, townhouses and duplexes and homeownership will be fostered by the establishment of a second mortgage housing program. Higher intensity residential redevelopment is proposed for the 2 blocks north of the Over - town Transit Station which could support over 200 housing snits. Part of this tract has been recently acquired by the City. The redevelopment program proposes the development, in total, of 470 new housing units. The largest concentration of this new housing is designed to occur south of N.W. llth Street. Public land acquisition will be undertaken only when the owner does not wish to upgrade his property or redevelop it consistent with the Plan. A nuiid)er of sub -standard C13S structures are also included in this category. 46 Due to the scarcity of adequate off street parking, property will be made available for additional private and public off street parking including the development of a public lot on N.W. 9th Street and 2nd Avenue and under the Metrorail Guide- way. The proposed rehabilitation of commercial structures and the limited new infill commercial development proposed will augment the residential revitalization of the community. Estimated cost of this project is approximately $32,000,000 of which over $11,330,000 will be utilized for housing re- habilitation and the remainder for a second mortgage home- ownership program, land acquisition for infill construction, commercial rehabilitation assistance and public improvements. Minimal displacement of area residents is anticipated by this revitalization strategy since there already exists a 15% vacancy rate (July 1981)1 within the area and the anti- cipated reduction in actual number of apartment units through rehabilitation efforts will be offset by the construction of approximately 260 new units on an infill basis and the develop- ment of the 2 blocks north of the Overtown Transit Station which can support an additional 200+ housing units. Overall, the area could have a small net gain in residential units, excluding property acquired for transit ROW. It is the intent of the Southeast Overtown/Park west Community Redevelopment "Ian to maximize redevelopment opportunities within the nvertown Community. '%hi.le the housing prof;ram recommends a moderate degree of rehabilitation assistance for 633 housing units, it is the ultimate objective of this plan to foster the replacement of these units. moderate rehabilitation assistance will be a temporary measure to provide needed hous- ing for the lower- income segment of the Overtown Community. Once other funding sources become available to assist in the development of low income housing, replacement of these rehabi- litated units will be encouraged and greater emphasis on redevelopment will be pursued. 47 Due to the scarcity of adequate off street parking, property will be made available for additional private and public off street parking including the development of a public lot on N.W. 9th Street and 2nd Avenue and under the rletrorail Guide- way. The proposed rehabilitation of commercial structures and the limited new infill commercial development proposed will augment the residential revitalization of the community. Estimated cost of this project is approximately $32,000,000 of which over $11,330,000 will be utilized for housing re- habilitation and the remainder for a second mortgage home- ownership program, land acquisition for infill construction, commercial rehabilitation assistance and public improvements. Piinimal displacement of area residents is anticipated by this revitalization strategy since there already exists a 15% vacancy rate (July 1981)1 within the area and the anti- cipated reduction in actual number of apartment units through rehabilitation efforts will be offset by the construction of approximately 260 new units on an infill basis and the develop- ment of the 2 blocks north of the Overtown Transit Station which can support an additional 200+ housing units. Overall, the area could have a small net gain in residential units, excluding property acquired for transit ROW. 1 City of Miami Survey �3 OVERTOWN REIIABILITATION AREA PROJECT SUPIMARY ESTIMATED COST 1 - Residential Rehabilitation 1042 substandard units into 833 standard units *200 units 0 $25,000 = $ 5,000,000 633 @ 10,000 = 6,330,000 Sub total $11,330,000 2. - Land Acquisition, Relocation Acquire 67 structures with 244 units 60 vacant parcels Relocation Acquisition 3. - Commercial Rehabilitation 17 structures @ $20,000 4. - Redevelopment 470 units @ $30,000 5. - Infrastructure improvements *Cooperative housing - includes refinancing costs. $ 1,220,000 3,440,000 Sub total $ 4,660,000 $ 340,000 $14,100,000 2,000,000 Total - $32,430,000 48 0000n000 r yllii _� r 1ir ST T1779j L ..,+ ,, " T1014fill 1-1 1 i I!f!U-I 7; r n-rrr71 ',�-r1 rT _ I I 71 OVERTOWN REHABILITATION DEMONSTRATION AREA/REDEVELOPMENT PROGRAM MAP MAP NO 9 ZF" RESIDENTIAL REHABILITATION kWAWM INSTITUTIONAL INFILL HOUSING DEVELOPMENT r--_ INFILL COMMERCIAL DEVELOPMENT COMMERCIAL REHABILITATION PARKING DEVELOPMENT rv-T OPEN SPACE IIIII I 0 200 49 This project is predicated upon the establishment of a tax increment financing district for the Southeast Overtown/Park West Community Redevelopment Area. Due to the magnitude of this project it will be phased with initial development centered south of N.W. llth Street. Note map for proposed redevelopment treatment of the project area and chart for project summary. Overtown Transit Station Area Redevelopment (MITA Urea) This project entails the major acquisition and clearance of the four blocks west of the Overtown Transit Station. The area is bounded by N.W. 6th Street, N.W. 8th Street, N.W. 1st Court and N.W. 3rd Avenue. The intent of this project is the development of new residential and commercial facilities that will act as an economic stimulus for the overall redevelopment of the Overtown community. The ability of the Overtown area to capture economic benefit from the Overtown Transit Station and the Downtown Government Center will be greatly affected by the type of development that will be undertaken in this area. The area is currently characterized by blighted residential structures, marginal retail facilities and an excessive amount of vacant and unproductive land. The project entails the acquisition of 10 acres of land, occupied by 328 housing units and 14 businesses. Reuse of the property is proposed for 300 - 400 new housing units, 200,000 square feet of office space, 60,000 square feet of retail and a 150 - 200 room hotel. 50 ------------ ------------- a � .{ w • - Z� ti • . �' }' • ;7;1►4 ewe, I It • at • I.il , • • s *� me � � �� ,o !� Me. Mir rpm � bra `� 9� ti. •�..�t»;��� "' i `. 4 1 � � r -� � �w *` • O � V � � w NO •• 4 s-,'rt�, P LL'' .Cs • ► � i• '- a .tom' e � f• p +If • 0 � • p UI! - :h t O I CONCEPTUAL SOUTHAREA • ---- -- --- -- __� • • . A .O, MAP N O. 1 0 LM 0 Estimated land acquisition and relocation costs are approxi- mately $7,000,000. An important element of this project will be the establishment of mechanisms that will allow local pro- perty owners to participate in the redevelopment program. Implementation of this project is dependent on the utilization of Urban Mass Transit Joint Development Funds for land ac- quisition and infrastructure improvements. Assistance for new housing proposed for the area could be provided by the Urban Development Action Grant etc. Commercial development can be assisted through EDA and an Urban Development Action Grant. Alternative funding could be through the proposed Tax Increment Funding District. Actions have been undertaken to initiate this project including: Dade County has submitted an applica- tion for 6.9 million dollars in funding from the Urban Mass Transit Administration and the City of Miami in conjunction with the Babcock Company has submitted an Urban Development Ac- tion Grand Application for assistance in the construction of a 262 unit condominium project for the area. An illustrative development plan for the site follows. A Draft Environmental Impact statement has been submitted to UMTA. Park West Project Area Park West is to be predominantly an in -town residential commu- nity condominium housing units and rental apartments for small households - with supporting retail and service activities for its residents, and with office employment centers related to transit access corridors along its eastern and western boundaries. The market analysis undertaken by the American City Corporation for the Park West redevelopment program indicated that there are strong demands for housing in downtown Miami, up to 6,000 units and that the proposed program of3,600 housing units within the boundaries of the area designated for financial analysis would be readily supported by the market, and could be absorbed in the area within a period of 8 - 10 years. 52 �t r. z 4 1 1 S T � . ,�;,•�.�.'�.�nn.�nnh�lh�r1,� t�•h�nhnih�n:,,►)h-i .in,�, �h,7A�nnZn ��.a� a � !��_ �;'��_.3 r' '� rrn:�. ' r 1ge , �. 4H ok Co row.- Ll Y 1['i ; . .� •7r�. . •. .�h:hhifh .5,�n•hhhnn h^;• lnn. ,�,�.�•�,1'�•) '9 w`)t] � �'•ta � '1�')')�lr)A")'»7"17•)')')l A•l�, nrl')'1 A'l�'lA�nn n•,) l�l� )'l',)'��l )'l�l'})' i')')•)�)')•) )�) ' ! 2 ��; �► �E �� � 7 ST PARK WEST CONCEPTUAL REDEVELOPMENT PLAN MAP NO., , 53 i; i. F.A.R. with Maximum Residential x .85 Average Permitted Block Acres Square Feet Base 8unus Smia►e Feet Square Feet Efficiency Unit Size units Commercial A 3.18 16.1.6b7 A 1.0 2.0 329„ s 14 329,314 279,917 100 200 13 3.44 141J.846 1.0 2.0 299,692 211,9,692 25,1,/38 14u0 180 C 3.44 149,846 1.0 2.o 299,692 299,692 254,738 1-100 180 D 1.72 74.923 1.0 4.0 299,692 224,169 191,054 1250 150 (149,923) E 4.13 119,903 1.0 30 ''j3'J,709 W9,7u9 433,252 1000 430 30,000 F 1.72 "14,923 1.0 30 224,769 214,7W 182,554 1000 180 10,000 4.25 185,130 1.0 1.0 1813.130 - - - 1L'S,l;iO t; 1.72 14.923 1.0 3.0 ?:'-1,1tA 214,169 1E32,554 1000 180 10000 (, I' 1.2b 11;5,130 1.0 1.0 181),1 30 - - - - 1 us.130 11 1.72 74.923 1.0 4.0 299.692 224,769 _ 191,u54 12W 1 W (1.10,923) 1 1.12 74,923 1.0 3.0 .224,769 214,769 18.1.554 1000 18o 10,000 J 1.12 '14,1123 1.0 3.0 22.1,/uJ 214,769 1H2,5`.),l IuUO IL'0 10.uu11 K 1.72 74,923 1.0 4.0 299,(3-J2 2211,7613 19 1.0: 4 12E,o 1 `. 1149 �J.?.31 L 3.44 1,10,846 1.0 3.0 449,538 419,5.38 .'iW,uoI 10t-0 3LA 30000 rv4 3.44 149,846 1.0 3.0 449 b38 419,535 306.t)u7 1000 JCJ 30,UOU N 1.75 76.230 1.0 4.0 304 ,�QU 228.ti'Jo 194,3�'1 1250 15u 1152,4L01 Tutal 40.52 1.765,051 - - 4,810,815 - - - 3t13u 1,202,4139 Transit 7.31 340,354 1.0 4.0 1,361,416 680,708 578,602 1000 580 68u,708 Aiej 'Includes existing street area. PARK WEST REDEVELOPMENT LAND USE CONTROLS DATA 54 w j 1� 1 The development program calls for the development of 3,030 housing units (2,420 condominium sales units and 610 rental apartments- 20% of total units) over a period of 8-10 years: from 1983 through 1989, this program is well within the absorption range of 3,760 condominium sales units and 2,500 rental apartment units es- timated in the market analysis. It is proposed that the Park West area be developed over a period of 8-10 years, with initial land development to start in 1983, and the total development program to be built out in the 8-10 year period, from 1982 through 1990 (See Map and Table 11). Development would start along the ba yfront with an initial offer- ing of 150 waterfront condominium units in block (N) (See Map 11 and accompanying table ). This property now is in private ownership and would not be acquired. It is likely that the present owners would undertake development as soon as possible. in subsequent years, a range of residential housing types would be offered each year, to meet a variety of market aemands. Devel- opment generally would move from east to west. One block of - waterfront condominium units would be offered each year for the first four years of the development schedule. It is assumed that the office space (100,000 s.f./block) and the convenience retail space (25,000 s.f./block) in each of the waterfront blocks would be developed along with the condominium in each block. The rental apartments, located in blocks (E) and (L), adjacent to the Metrorail transit station area, would be developed in amounts of manageable size in the 2nd, 3rd and 5th years of the schedule: 215 units, 215 units, and 180 units. The duplex condominium units would be developed in increments of approximately equal size starting in the 2nd year of the devel- opment schedule and continuing at a rate of 90 to 100 units a year for six years to the end of the development period in blocks 1(C) , (B) , and 55 The condominium apartment units would fill out the development offering presentation each year, moving westward along the cen- tral activity spine along the line of nine street blocks (G), (J), (F), and (I); and then filling in to complete the develop- ment in blocks (M) and (L) . Parking for rental units would be provided by the public develop- ment entity or agency as a form of subsidy to such development. Note transportation Plan for location. At completion over 3,600 dwelling units can be expected in the area between 7th and llth Streets between Biscayne Boulevard and the new NW 1st Avenue Boulevard. Approximately 630 dwelling units will be moderately -sized condominiums which average 1,250 sq. ft. The remaining 1840 dwelling units will range from ef- ficiencies .of 600 sq. ft. to larger two and three bedroom units. The average of these units would be 1000 sq. ft. Total population is estimated at"8,150 persons. 56 in V) F. Economic Development Plan The economic revitalization of the Overtown and Park West sub areas is a major component of the overall redevelopment strategy for the planning area. In general the area is underdeveloped economically. Few of the existing uses in Park West are functionally tied to secondary areas, and most would benefit from a location designed for warehouses or industrial use rather than a congested downtown area. Neither Park West nor the Overtown sub areas have benefitted from the economic growth generated by the CBD and Government Center to the south nor Omni -Midtown development to the north. Utilizing the Overtown Transit Station and the proposed People Mover stations as anchors an economic redevelopment strategy has been formulated predicated upon major public assistance in land assembly and infra- structure improvements. While the thrust of activities proposed for. both Overtown and Park West are for residential development, both local and community serving commercial activities are intregal components of the redevelopment strategy. Overtown The following economic development projects have been designated for implementation during the next 8 years: 1) Overtown Transit Station Redevelopment (see page 45 for description). 2) Overtown Rehabilitation Demonstration area. This project entails the rehabilitation of approximately 30 commercial and mixed use structures along NW 2 and 3 Avenues between NW 8-14 Streets. New infill commercial development is recommended for the west side of NW 2 Avenue between NW 8-9 Streets and the east side of N.W. 3rd Tvenue between 13 & 14th Streets. co m»erclal C-evelonment will be geared: to serve the residential population- At the o resent time there is an excessive :mount of strip commercial development within the community far in excess of potential demand. 57 LM Ln 111111�� I 1 i BICENTENNIAL PARK IBM tNil" um t� loam#NII `�NHH minim Ilium INI IN Mal Me INlil y .N1NiN � �`_ Nam PEOPLE MOVER AND STATION ECONOMIC DEVELOPMENT PLAN MAP NO. 12 RAPID TRANSITZy COMMERCIAL REVITALIZATION (REHABILITATION 9 INFILL DEVELOPMENT) M:...� RAPID TRANSIT ALIGNMENT TRANSIT STATION IRDLE rREDOMINANTLY COMMCRCIAL REDEVELOPMENT COMMERCIAL REDLVELOPMENT-MANDATORY RETAIL f^•^"'7 MIXED RESIDENTIAL/COMMERCIAL REDEVELOPMENT IIIII I 0 200 58 In V) i There is currently a lack of sufficient off-street parking within the area. To ameliorate this problem the development of a public parking lot on the northwest corner of NW 9 Street and 2 Avenue is proposed. Additional private parking development will occur through the public disposition of land undertaken as part of the overall redevelopment of the area. Special attention will be given to the rehabilitation of structures of historic significance including the Carver Hotel, Lyric Theatre and the J&S Building. Anticipated funding for facade improvements will be from Dade County Commercial Revitalization program and funds generated from the proposed Tax Increment District. Tech- nical assistance for economic development will be provided by Overtown Economic Corporation and New Washington Heights Community Conference in conjunction Miami Capital Develop- ment Inc. Park West _Project Area An integral element of the Park West Plan is the inclusion of commercial development on both a local and regional level. Mixed use development is encouraged throughout the Project Area. Blocks on Biscayne Boulevard could contain a total of about 150,000 square feet of commercial space per block. The 7.3 acres associated with transit at the Overtown Transit Sta- tion could support over 680,000 sq. ft. of commercial space. The present zoning for the core area of Park West (40.52 acres) permits over 2,000,000 sq.ft. of commercial today. Although there has been a recent surge in office growth in the CBD and on Brickell Avenue the most probable commercial use in Park West could be retail use. 59 l COM, Without quantifying the amount of demand for retail specialty shops, restaurants and clubs at least 150,000 sq.ft. of retail space would be desirable as the "Town Center" for this new community. The climate and Latin American character of the community make the potential for such a central marketplace excellent. Combined with public amenities, fountains and gardens, this could become the special theme for Park West. Mandatory retail development on ground level will be required along the Central Corridor. (9th Street) In addition there is the potential for a 400-500 room quality hotel between 1985 to 1988 based on forecasts made by Ameri- can City Corporation. The optimum location for this facility will be along Biscayne Boulevard in close proximity to a Downtown People Mover Station. 60 Without quantifying the amount of demand for retail specialty shops, restaurants and clubs at least 150,000 sq.ft. of retail space would be desirable as the "Town Center" for this new community. The climate and Latin American character of the community make the potential for such a central marketplace excellent. Combined with public amenities, fountains and gardens, this could become the special theme for Park [west. Mandatory retail development on ground level will be required along the Central Corridor. (9th Street) In addition there is the potential for a 400-500 room quality hotel between 1985 to 1988 based on forecasts made by Ameri- can City Corporation. The optimum location for this facility will be along Biscayne Boulevard in close proximity to a Downtown People Mover Station. �0 r • G. Acquisition Plan In order to implement proposed housing and economic develop- ment activities the following, public land acquisition is recommended. The parcels indicated on Land Acquisition Map 13 shall be acquired in order to eliminate unhealthful, unsanitary or unsafe conditions, lessen density, eliminate obsolete or other uses detrimental to the public welfare or otherwis^ to remove or prevent the spread or blight or deterioration, remove incompatible land use relationship, or to provide land for new housing, public facilities and economic develop- ment. It phould, e n teal that, the reap shows maximum acquisition �r.�. of all parcels u�esic;natec, T1av 1)e aec;uireu. ver own It t e existing property owners agrees to develop the land in conformance with the plan the land may not be acquired. Mechanisms will be established to assist and encourage owners of parcels designated for acquisition to participate within the redevelopment process (joint venture, local development corporation.) Priority will be given to exist- ing property owners within the land disposition process. Proposals frox, Community Based Organizations, minority busi- ness entities and joint ventures with minority participation, will receive priority in that order, especially within the Overtown subarea. Due to the extensive nature of this project, funding limita- tions and the need to provide adequate relocation housing for those displaced, it is proposed that acquisition be phased. Park West Project Area Acquisition is proposed to occur between 1982 - 1987. A! — though several blocks within the Park hest Project area are excluded as part of the major acquisition strategy, it is important to recognize that selected or total acquisition may be required within the excluded areas. This may be necessitated because of the inability of the property owner to redevelop in conformance with the redevelopment plan in a timely manner. furthermore, individual small out parcels may be held out by unmotivated owners who have no interest in redevelopment. .61 Lm 115 Q� 13 ��— PE=STATION TION A O O U I S I T I O N PLAN .�� 'RE:'"",ra PROPOSED ACQUISITION AREA C = RENT � T1111110 0 200 62 LM N� X Three major principles will be followed in assigning develop- ment rights in Park West: 1. Property owners of partnerships which agree to develop according to the plan will be exempt from public acquisition. 2. Property owners presently in Park West will be given the opportunity to exercise right of first refusal in being selected as developers to.participate in the development of properties presently owned by them, con- sistent with the Park West Redevelopment Plan and program. 3. Land disposition where there is no exercise of right of first refusal will be on the basis of competitive bids, and review or development proposals by the Redevelopment Agency. In general, development parcels will be full blocks A,R, C,.E, F,G, I.J, L and M, with partial block development permitted on the frontage of blocks F,G, I, and J. Smaller parcels will be permitted only if present owners wish to develop according to plan and require public acquisition to complete an entire block (see Map 11) . The implementation concept for Park West is to offer redevelop- ment parcels to more than one private developer and to accept proposals from competitive bidders. This does not rule out a single developer bidding on all land, however, all prinviples of ladn disposition including property owners intent to conform on right of first refusal must be respected. Developers interested in property in Park West will be re- quired to submit proposals including plans and specifications, financial statements, time scheules and land price bids. 63 RECOMMENDED LAND ACQUISITION FOR ECONOMIC REDEVELOPMENT AND HOUSTNG ACTIVITIES (see map #13 for location) Reuse Parcel No. Legal Description 1. Miami A Knowlton B-41, Block 17N 2. Miami A Knowlton B-41, Block 18N 3. Miami A Knowlton B-41, Block 19N 4. Mi .uni A Knowl ton 13-411 Block 24N` 5. Miami A Knowlton B-41, Block 23N 6. Miami A Knowlton B-41, Block 22N 7. Miami A Knowlton B-41, Block 38N 8. Miami A Knowlton B 41, Block 39N 9. Miami A Knowlton B 41, Block 38N 10. Miami A Knowlton B 41, Block 39N 11. Miami A Knowlton B-41, Block 37 Lots 1-12 12. Miami A Knowlton B-41, Block 55N 64 RECOMMENDED LAND ACQUISITION FOR ECONOMIC REDEVELOPMENT AND HOUSING ACTIVITIES (see map #13 for location) Reuse Parcel No. Legal Description 1. Miami A Knowlton B-41, Block 17N 2. Miami A Knowlton B-41, Block 18N 3. Miami A Knowlton B-41, Block 19N 4. Mi aini A Knowl ton 13-41,� Block 24N 5. Miami A Knowlton B-41, Block 23N 6. Miami A Knowlton B-41, Block 2214 7. Miami A Knowlton B-41, Block 38N 8. Miami A Knowlton B 41, Block 39N 9. Miami A Knowlton B 41, Block 38N 10. Miami A Knowlton B 41, Block 39N 11. Miami A Knowlton B-41, Block 37 Lots 1-12 12. Miami A Knowlton B-41, Block 55N 64 Reuse Parcel No. Legal Description 13. Miami A Knowlton B-41, Block 56N 14. Miami A Knowlton B-41, Block 45N 15. P4iami A Knowlton B-41, Block 46N 16. Miami A Knowlton B-41, Block 35 N Lot 9 17. Miami A Knowlton B-41, Block 35N Lot 7 18. Miami A Knowlton B-41, Block 35N Lots 1-4 less south 43 ft. of .Lot 1 19. Miami A Knowlton B-41, Block 36N Lots 4, 5, 12, 13,*20 20. Miami A Knowlton B-41, Block 25N Lots 4 - 17 21. P. W. White Re - Sub B-34 Block 26N Lots 40, 41, 48 22. P.W. White Re - Sub B-34 Block 26N Lots 1, 2, 7, 8, 9, 10, 16, 17, 24 23. P.W. White Re - Sub B-34 Block 26 N Lots 26, 31 24. P.W. White Re - Sub B-34 Block 26N Lots 3, 4, 5, 6, 11, 12, 13, 14, 19, 20, 21, 22 64 -A Reuse Parcel No. 19. 20. 21. 22. 23. 24. 64-A Legal Description Miami A Knowlton B-41, Block 56N Miami A Knowlton B-41 , Block 45N P4iami A Knowlton B-41, Block 46N Miami A Knowlton B-41, Block 35 N Lot 9 Miami A Knowlton B-41, Block 35N Lot 7 Miami A Knowlton B-41, Block 35N Lots 1-4 less south 43 ft. of Lot 1 Miami A Knowlton B-41, Block 36N Lots 4, 5, 12, 13,'20 Miami A Knowlton B-41, Block 25N Lots 4 - 17 P. W. White Re - Sub B-34 Block 26N Lots 40, 41, 48 P.11. White Re - Sub B-34 Block 26N Lots 1, 2, 7, 8, 9, 10, 16, 17, 24 P.W. White Re - Sub B-34 Block 26 N Lots 26, 31 P.W. White Re - Sub B-34 Block 26N Lots 3, 4, 5, 6, 11, 12, 13, 14, 19, 20, 21, 22 -;. Reuse Parcel No. 25. 26. Legal Description (xj t-O cimi_ A Knowlton 1141, Block�27N~ Lots 1, 21 3, 4 less Expressway R,O.IJ, Miami A Knowl t:on B-41, Block 1.,4t�1 Lots 1, 2, 3, 4, 5, 7, 8 less Expressway R.O.W. 27. Miami A Knowlton B-41, Block 15N Lots 2, 3, 4 28. Miami A knowlton B-41, Block 15N Lot 16 No Block 15N South 100 ft. of Lots 19 and 20 30. P.W. White Re-, - SubI3-34 Block 16N Loots 28, 29, 36 r 37, 43, 44, 45, 46 31. P.W. White Ite - Sub I3-34 Block 16N Lots 24,� 25, 32, 33 32. Miami A Knowlton B-41 Block 5N hotts 1, 2, 3 33. Alice Baldwin, Jenny tI & Chas.E. Oxar V Sub A-57 Amend B-87 Block 19, Lots 3-12 34. Alice Baldwin, Jenny 119 s Chas. E. Oxar Block l0 Dots 1, 2, 31 41 9, 10, 11, 12 35. Alice Baldwin, Jenny M & Chas. E. Oxar Block 20, Lot 7 65 Reuse Parcel No. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. 46. 47. 65 -A In Legal Description Alice Baldwin, Jenny M & Chas E. Oxar Block 21, Lots 4, 5, 6 Sost Sub B-27 Block 10, Lots 5, 6, 7, less north 100 ft. Sost Sub B-27 Block 11, Lots 9, 10 Sost Sub B-27 Block 9, Lots 2, 3, 4, 5, 6, 7, 9, 13 Sost Sub B-27 Block 9, Lots 1, 2, 4, 5, 6, 7, 9, 9, 10, 11, 12 Sost Sub B-27 Block 10, Lots 6, 7 Sost Sub B-27 Block 10, Lots 8, 9 Sost Sub B-27 Block 10, Lots 1, 2, 12 Sost Sub B-27 Block 6, Lots 10 and part 11 less Expressway R.O.W. Sost Sub B-27 Block 7, Lot 9 Sost Sub B-27 Block Lots 1, 2 less Expressay R..O.W. 1,2,3, 14 Parrys Re Sub PP13-163 Lots 23, 24, 25 Parrys Re Sub B-163 Lots 26, 27, 28, 29, 30, 31, 32, 33. H. Reuse Plan The following parcels will be acquired and redeveloped for uses specified in the following table. See Map 12 for location. Proposed Reuse Parcel No. Acreage Proposed Reuse 1. 4.13 Residential/Commercial 2. 3.44 it 3. 3.31 it 4. 4.0 « 5. 3.0 6. 3.0 7• 3.0 8. 3.0 9. 3.0 10. 3.0 11. 1.5 12. 3.44 Commercial Residential 13. 2.06 11 14. 2.06 15. 3.48 16. .17 Parking 17. .17 Residential 18. .60 Residential/Commercial 19. .25 Open space 20. 2.24 Residential/Commercial 21. .18 Parking 22• .78 Residential 66 y SZ' 'L6 8L ' 9v TT' *sv TT' '66 LZ' '£b ,. 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Relocation Plan A. Available Assistance The Dade County Department of Housing and Urban Development (the designated Housing Agency for the City of Miami) shall be respon- sible for providing relocation assistance to displacees. The Dade County Board of County Commissioners have provided assur- ance that DCHUD shall comply with the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970-PL91-646 ct. These assurances also approved that Relocation Payments shall be provided for displacement by Community Development Program and any other HUD assisted programs. These Relocation Payments shall be provided to families and individuals in relocating to standard hous- ing and to business concerns and non-profit organizations in relo- cating to replacement accommodations. These payments shall be pro- vided under the HUD Handbook 1371.1 Rev., Relocation Policies and Procedures. DCHUD relocation staff shall provide all families, individuals and businesses who shall be displaced with a copy of the Informational Statement and Relocation Payment brochure with full explanation of each by a relocation advisor. They shall inform displacees on the availability of relocation payments, the office where detailed in- formation about payments can be obtained, and dates governing eli- gibility for payments. Relocation Advisors shall assist all displacees in preparing their claims. family Relocation Supervisors shall work closely with Ad- visor regarding eligibility requirements and computing payments. Supervisors, in turn, work with the Relocation Officer in determin- ing the amounts to be paid for Replacement Housing Payments for homeowners or Replacement Dousing Payments for tenants and certain others. 68 —Ar An inventory of relocation resources shall be developed for the City of Miami from newspaper classified Ads, multiple listing services, real estate brokers, property owners, rental agents,FHA FHA foreclosures, and a survey of the area. The relocation staff shall familiarize themselves with the inven- tory of available relocation resources for displacees. All units shall be inspected to guarantee that they meet the relocation stan- dards outlined in the Relocation Handbook 1371.1, Chapter 2, Para- graph 3B, or the Dade County housing code: whichever is higher. The relocation staff shall provide transportation to displacees and other assistance in order to find suitable replacement housing. All displaced families and individuals shall be referred to replace- ment units within their ability to pay. Eligible displacees shall receive priority in Public Housing and Section 8 units. The City of Miami Department of Trade and Commerce and the Planning Department will provide additional support assistance to Dade County Department of Housing and Urban Development in providing Business Relocation Assistance to those displaced within the Park/West Over - town Project subarea. Special attention will be given to the retention of these businesses within the City of Miami. B. Relocation Demand 1. Overtown Both the Overtown Transit Station Area Redevelopment Project and Overtown Rehabilitation Area Demonstration Project were included as part of the Relocation Plan approved as part of the Overtown Redevelopment Plan in 1979. a. Overtown Transit Station Area Redevelopment Information concerning this project is extensively covered in Overtown Station Area Redevelopment Draft Environmental Impact Statement; submitted to the U.S. Department of N Transportation Urban Mass Transportation Administration. C11 69 In order to determine the relocation needs of the residents, the Dade Couhty Department of Housing and Urban Development (DCHUD) . conducted a door-to-door tenant survey. Of the 453 total dwel- ling units in the area, DCHUD was unable to contact 71 units, des- pite two or more attempts. The results of the survey provided data concerning the socio-economic characteristics of the popula- tion as well as their needs and preferences for relocation.l Overtown Transit Station Redevelopment Area Relocation Survey Data TOTAL UNITS IN PROJECT 453 NUMBER OF UNITS VACANT 125 RESIDENT CHARACTERISTICS Unable to contact residents of 257 71 units despite 2 or more attempts) RESIDENT CHARACTERISTICS - Families with elderly head of household 26 - Elderly individuals 33 - Non -elderly families 110 - Non -elderly individuals 88 RACIAL/ETHNIC BACKGROUND - Black households 236 - Haitian households 20 - White households 1 1 Source: Overtown Station Area Redevelopment NDraftEnv3ronmental Impact Statement C11 7D INCOME/EMPLOYMENT DATA ' - o employed i 50% - o unemployed 25$ - o received social security, pension or AFDC 25% MISCELLANEOUS INFORMATION - % wishing to remain in Overtown 70% - o dependent on public transportation 70% - Number of households above income level to qualify for Section 8 or public housing 20 TOTAL ESTIMATED RELOCATION REQUIREMENT - Tenants to be relocated 323 - Homeowners to be relocated 5 - Residents to be relocated 503 (399 adults and 103 children) 71 Overtown Transit Station Redevelopment Area Estimated Relocations Costs Estimted Relocation Fam. & Ind. 328 Businesses Homeowners Tenants 323 Tenants Moving and Dislocation Allowance 323@365= $ 117,895 Homeowner Moving Costs and Dislocation Allowances 5@500= 2,500 Tenants Replacement Hous- nq Payments 323@4,000= 1,292,000 Homeowner Replacement Housing Payment 5@15,000- 75,000 Businesses Displacement Payments 14@8,000= 112,000 TOTAL $1,599,395 14 5 It is anticipated that displacements will not occur until late 1982 or early 1983. By this time, 204 units will be available within the Overtown area and 407 units will be available near Overtown. It has been determined that the predominant need is for one bedroom units (112 units). However, there is an unusually high demand for efficiencies (zero bedroom units). The demand for 72 large units was lower than anticipated. Three families will re- quire a four bedroom unit while only two families will require five bedroom units. All five of these households are eligible for public housing or Section 8 (Housing Assistance Payment Pro- gram) resources. Income Range Total 000-2500 37 2501-5000 77 5001-7500 51 7501-10,000 48 10, 001-12, 500 20 12,501-15,000 14 15,001 or over 10 Total 257 A major consideration in the relocation plan is the large per- centage (70%) of households with the preferences to remain in the area. Assuming that all persons are eligible for public housing, a large concentration of public housing would need to be provided in the area in order to satisfy the demand. How- ever, this solution is contrary to the community's desires and the City of Miami land use policies. There are fourteen businesses within the study area. The busi- nesses employ a total of 30 persons including, in most cases, the owners. This constitutes an average of two employees per business. All businesses will be afforded the opportunity to relocate within the study area. Relocation costs have been estimated at $1,599,395. 73 B. Overtown Rehabilitation Demonstration Area There still is minimal external relocation demand generated by this project. The majority of the properties to be acquired are vacant. These are approximately 230 housing units in substandard wood a.id frame structures and substandard apartment structures proposed for acquisition and 4 businesses. While it is anticipated that there will be a net decrease of 20% in the number of apartment units as a result of publicly supported rehabilitation of privately owned structures, this will be offset by the existing overall 15% resi- dential vacancy rate and the proposed construction of 260 units on an infill basis and 200 units on the Transit North Blocks. Redevel- opment efforts will be phased in order to give priority to the _. development of additional housing within the project sub -area and cause minimal displacement. There is sufficient vacant commercial space within the project area to handle anticipated commercial relocation. Replacement housing will in general be geared to a higher income population thus there will be some displacement of very low income families from the -area. Additional housing activi- ties will be undertaken within Overtown to meet this anticipated demand. Funding for this will be partially from the proposed continuation of the Overtown Multi -Family Rehabilitation Program funded through the CDI3G program. 2. Park West Project Area The Dade County Department of Housing and Urban Development's Relo- cation staff has conducted a survey of residents in the proposed Park '.Vest area. The survey has provided the following information• (1) There are 353 living units in the area, 226 of which are permanently occupied. Of those 226, there are 26 families and 200 individuals. (2) 80i of the prospective disalacees are employed at an average income of $500 per month. Most of the remain- ing 20o are on some form of public assistance, such as the Cuban Refugee Program, Social Security Retirement or SSI. 1. October, 1981 74 t i t i. small.percentage are unemployed. Most of those employed depend on public transportation. (3) Of the 226 permanently occupied units, there are 133 Blacks, 48 Whites, 41 Hispanics and 4 American Indians to be relocated. (4) There appear to be two homeowners in the area. One runs a rooming house and lives on the premises. The other is currently hospitalized out of state and has one tenant. Most of the 26 families referred to are married couples with no children. The residents personally interviewed by our field staff expressed a desire to remain in the same area. The average rent it $30.00 per week. We will be in need of 200 efficiencies, 20 one bedroom and six two bedroom replacement units. All residents in the survey area appear to be eligible financially for Public Housing or Section 8 if they so choose. Estimated residential relocation costs if $990;625. Park West Project Area Residential Residential Cost Estimate BLOCK I 130 tenants @ 4275 $555,750 BLOCK III 20 tenants @ 4275 85,500 7 tenants @ 4320 30,240 1 homeowner @ 15,455 15,455 BLOCK VI 5 tenants @ 4275 21,375 1 homeowner @ 15,000 15,500 BLOCK VII 34 tenants @ 4275 145,350 5 tenants @ 4320 21,600 C11 C11 ' 75 BLOCK X 1 tenant @ 4500 12 tenants @ 4365 5 tenants @ 4320 5 tenants @ 4275 TOTAL 226 units 4,500 52,380 21,600 21,375 $990,625 1 There are approximately 97 active businesses in the Park West Project Area as of August 1981 according to a survey undertaken by the City of Miami Planning Department. Business activity ranges from the Miami Terminal for the Greyhound Bus Company to martinal retail operations serving the local population. Nu- merous businesses have multiple locations within the area and were considered one business for purposes of this study. Business Activity Manufacturing 4 Services 19 Retail 27 Vacant Businesses 10 Wholesale 17 Hotel 4 Office 18 Transportation 8 107 1 Note: This Relocation Cost Estimate is the maximum amount for this displacement. Families and in- dividuals that we place into Public Housing or Section 8 will reduce this cost by $4.000 for each case. 76 S $8g. F f i x "i i 5 f Estimated employment ranges between 1500 and 1800 with the most labor intensive activity being associated with garment manufac- turing. A more detailed survey using the Business Site Occupant Record form was conducted yielding the following information: A. There are 97 active businesses in the area. B. There are 96 white business owners, 1 oriental, no black C. There are 56 Anglo owners, 39 Latin, 1 oriental D. There are 85 male owners, 12 female E. there are 25 owner occupied businesses and 72 tenants+ 117 N I CA CA While the redevelopment of Park West will result in major dislo- cation of area businesses, many of the businesses currently located within the area are not functionally related to business activity within and surrounding the area and would benefit from a location more consistent with current industrial locational parameters. The present fragmented ownership pattern abundance of obsolete commercial structions, lack of adequate on -site loading space, es- calating land values and rents, incompatible land.uses and the socio-economic factors related to the overal "Skid Row" charac- ters of much of the area, inhibits major new commercial develop- ment. Present commercial development is significantly less than that which is permitted under existing zoning. While the City of Miami has only a limited number of vacant structures suitable for light manufacturing and warehousing ac- tivity in locations that would be most attractive for business relocation the City has an adequate inventory of underutilized and vacant commercially zoned land to accommodate much of the re- location demand that will be generated by this project. 77 The 97 businesses located within the T'ark West area that would require relocation are located within the following zoning cate- gories. C-5 Liberal Commercial - approximately 34 acres C-4 General Commercial - approximately 6 acres C-2 Community Commercial - approximately 3.5 acres Since the majority of firms operating in the C-5 zoning district could be accommodated in the more restrictive C-4 zoning district there is a greater supply of available relocation resources within the City. A preliminary analysis undertaken by the Planning Department has indicated the following supply of potential relocation acreage within the City.1 C-5 6.0 acres C-4 16.5 acres C-2 12.0 acres This acreage is generally within proximity (1-2 miles) of the re- development areas. Concentration of available relocation resources are found within the Lemon City/Little River Industrial District, Wynwood and the area west of Omni -Midtown. Additional relocation resources will be generated through the Garment Center/Fashion District Redevelopment Program currently underway. Outside of the City there is additional support relocation resources. Existing businesses were contacted concerning there locational preference if they were relocated.2 Only 13% of those surveyed expressed an interest in relocating outside of the City, generally in the Airport West/Iiialeah industrial district, 57`,'V expressed a N 1 City of Miami Development Atlas. 2 City of Miami Planning Department August, 1980 78 desire to remain within the City and 30% were unsure or refused to answer. The retention of businesses currently located within the area with- in the City of Miami and or in close proximity to serve the local labor force is a primary objective of the relocation strategy. The City of Miami will develop a business retention program with appropriate County and State assistance to insure maximum retention of businesses and jobs within the community. This will supplement business relocation activities undertaken by Dade County Department of Housing and Urban Development. Elements of this action program will include: - Funding of business retention councelors to work with effected business - Contacting all business and helping to identify a specific relocation site within the city. - Provide financial assistance over and above standard relocation payments to facilitate retention within the city. This will in- clude financial packaging assistance for loans from Miami Capital Inc., use of Industrial Revenue Bonds, utilization of the Urban Development Action Grant rrogram, priority disposi- tion of city owned land as in the Garment Center Redevelopment Area, etc. - Facilitating needed zoning changes when consistent with MCNP to meet relocation demand. Utilization of flexible capital funds to initiate needed public improvements to accommodate business relocation needs, e.g. street improvements. 79 C. Residential Relocation Resources Programmed Housing Resources in Overtown Project Name Type When Status Units Breakdown & Number Type Available Design 38 38-2 Bedrooms Town Park Dade Family Public Early Pending 8-12 Housing 1983 Under 30 20-3 Bedrooms Dorsey Wheat- Family Urban Early Construction 10-4 Bedrooms ley Sales Dev. Action Gr.1982 Being 75 56-2 Bedrooms Culmer (Over- Family Pub- Early Designed 10-3 Bedrooms town)Florida lic Housing 1983 9-4 Bedrooms S-75 Being 40 30 Efficiencies Dorsey Wheat- Elderly Pub- Early Designed 10-1 Bedrooms ley lic Housing 1983 Under 14 9-3 Bedrooms Culmer Park County Sec- Late Construction 5-4 Bedrooms Sales and Mortgage 1982 Near Overtown Design 154 121 Efficiencies Edcomm Elderly Pub- Early Completed 33-1 Bedrooms (Downtown) lic Housing 1983 Under 100 99-2 Bedrooms Civic Towers Family Sec- Late Construction tion 8 1982 Under 96 96-1 Bedrooms Civic Towers Elderly Sec- Late Construction' tion 8 1982 Under 51 51-1 Bedrooms Lummus Park Elderly Sec- Early Construction Manor tion 8 1982 80 Cif Location Pending Location Pending Units To Be Developed 20 City Wide 55-60 Overtown Rehab Area Family (Haitian) Housing & Urban Development Discretionary Grant Individuals Miami Housing Bonds Tax In- crement Finan- cing Additional Public Housing Resources Countywide 1 Units Project Number and Name Family Elderly Completion Date In Construction Dade 8-6 Riverside 75 9/81 Dade 8-7 Grove Family 24 11/81 Dade 8-1 Wynwood 40 1/82 Fla 5-69 Moody Family 64 2/82 Dade 8-11 Little Havana I 75 3/82 Dade 8-8 Everglades I 66 4/82 194 150 1Dade County Department of Housing and Urban Development 81 Late 1982 Early 1983 FHA' PURCHASE Fla. 5-68 Purchased to date: 30 ESTIMATED COM- PLETION DATE: IR DEVELOPMENT Family Elderly Fla. 5-76 Allapattah 74 FY82-83 Fla. 5=78/80 Florida City 26 50 9-82 Fla. 5-79/84 Naranja ' 26 50 9-82 Fla. 5-81 • Moody Elderly 50 FY82-83 Fla. 5-82 Goulds 40 9-82 Fla. 5-83 Perrine 20 FY82-83 Fla. 5-85 Homestead 11 9-82 Fla. 5-86 Turnkey Fam, 26 9-82 Fla. 5-87 Turnkev Fam. 30 9-82 Fla. 5-88 Turnkey Eld. 40 FY82-83 Fla. 5-90 Little Havana 60 FY82-83 Fla. 5-92 City Scatter 56 Not available Fla. 5-93 City ScatteY 56 Not available Fla. 5-94 Wynwood Elderly 72 FY82-83 Fla..5-95 Opa Locka Elderly 50 FY82-83 Fla. 5-96 Homestead Elderly 30 Not available Fla. 5-97 City Scattered Sites 54 Not available Fla -5-98 City Scattered Sites 54 Not available Dade 8-8 Everglades II 86 FY82-83 Everglades nay Care 65 9-82 Dade 8-3 Grove Elderly 9-82 5165 82 d' 2 :"f 1 �! Dade County HUD has the current capability to relocate from 50 to 70 households per month during the remainder of 1981, for a total of 400 to 560 households. This capacity will be sufficient in the near term to handle the relocation requirements of the trans- it system, the DPM and the Garment Center project. Relocation activities for the rapid transit project are slated to be completed in early 1982. This timeframe is most important in terms of evaluating the adequacy of housing resources required by•the redevelopment proposal. Dade County HUD anticipates that relocation activities for the above projects will be accomplished prior to relocating residents from the Southeast Overtown/Park West Community Redevelopment Area. in reviewing the programmA housing resources and comparing those resources with the reloc:,2tion needs, it can be concluded with a single exception (i.e. units of one bedroom or less for individ- uals) the programmed housing resources in or near the redevelop- ment area are sufficient to meet the needs of the redevelopment proposal. To remedy this shortfall, the City of Miami will de- velop additional units in the Overtown rehabilitation Demonstration area. Renovating existing apartment buildings and subdividing multi -bedroom apartments into one bedroom and efficiency units will provide an additional housing resource of 55 to 60 addi- tional units for non -elderly individuals. Hence, local rather- than federal funds will be utilized to assure completion of construction in a timely manner. The City will also provide twenty units on a citywide basis for Haitian families currently residing in the study area. Those units, which will be available in late 1982, are funded by a citywide allocation discretionary fund which has already been received by the City of Miami to mitigate the impact of Clean and Haitian refugees upon existing housing stock. 83 J. Minority Participation Plan In order to insure minority utilization on capital construction projects, the City of Miami customarily follows the goals estab- lished by the U.S. Department of Housing & Urban Development, Executive Order 11246. Under Executive Order'11246: Notice of Requirement for Affirmative Action to Ensure Equal Employment Opportunity, a goal of 20-40% minority utilization for all trades is required for all solicitations for offers and bids on construc- tion contracts or subcontracts. In addition to which, the City Commission and Administration have recognized the need to establish internal policies to provide opportunities for minority businesses to secure City contracts through the implementation of a Minority Vendor Procurement Program. This program will. be instituted on a city-wide basis and will emphasize relations with Black and Latin vendors. However, expanded efforts will be made to maximize Black participa- tion in the proposed Southeast Overtown/Park West 1�edevelopment Plan. Therefore, the following Minority Participation Program is designed to address the provisions for Black Business Utilization/ Development, Equity Participation, Residential Employment and meaningful community involvement in the redevelopment process. Specifically, in accordance with the "Philosophy of the Development of the Overtown Area" as stated in the Overtown Redevelopment Plan, adopted in October, 1.979, the following —goals have been established for the various project phases to be undertaken in Overtown! 84 - 50% equity investment goal in project- development - 50% black construction goal in City sponsored acti- vities 25% black contracting goal in the overall. project 50% black construction hiring goal 60% black retail space ownership goal Furthermore, the following goals have been established to insure Black participation in the development of the Park West community: - 25% Black construction goal in City sponsored activities - 25% Black contracting goal in the overall project - 25% Black construction hiring goal - 25% Black retail space ownership goal. Black Business Utilization In view of the historical exclusion or underutilization of Blacks in the City of Miami's capital construction projects, affirmative measures will be implemented to increase the level and profitability of Black businesses in terms of con- tracting and subcontracting obligations in addition to con- struction related procurements. N 1 85 (, For purposes of this document the following definitions are applicable: . Black - all persons having origins in any of the Black African racial groups not of Hispanic origin. . Black Business - a firm engaged in transactions for profit purposes. The business firms may take the form .of a corporation, joint venture, partnership, proprie- torship, or any other legitimate business association. . Proprietorship - the concern must be wholly owned and controlled by a Black person. . Partnership - at least 50% of the partnership interest must be Black in order to raise a presumption of ownership and control. . Corporation - at least 51% of the stock will have to be owned by a Black person. Joint Venture - resembles a partnership in that its members associate as co -owners of a business enterprise for a definite and a fixed period of time for a single transaction or series of transactions. A joint venture can be utilized as a tool for insuring Black construc- tion firms,..in particular a fair share of the City's market in the construction industry. The measures which will be implemented on an individual project basis to attain maximum feasible opportunities for Black Busi- nesses will include, but not be limited to, the following: 1. Each contractor, subcontractor, or business preparing to under- take work with the City shall submit a Black Business Utilization Plan in their bid proposals specifying: a. An estimate of the total dollar amount of the project cost. b. The approximate number and dollar value of all con- tracts or purchases proposed to all businesses within each trade or professional category over the duration of the project. C. An estimate of the total Labor cost of the project. d. A total estimate of materials and service costs (i.e., bricks and mortar, paint, security service, etc.) 86 r_,' r, e. A goal or target number and estimated dollar amount of contracts or purchases to be awarded to eligible Black businesses based on the availability of said concerns within each category (identified in (b) and (c) over the duration of the project. f. A goal for minority participation of 25% or more with 50% of the 25% coming from the Overtown com iuni.ty. g. A detailed written presentation of the method used to establish the estimates and goals submitted pursuant to paragrahps (a), through (f), above with copies of the historical empirical data upon which the estimates and goals are based. Information about the types and kinds and amount of goods and services procured and the numbers and types of contracts involved in the estimates of goals sub- mitted pursuant to paragraphs (a) through (f) is also re- quired. This information is needed to realistically . evaluate acceptability of the dollar values and percentages related thereto.. In establishing subcontracting goals, identification and justification should be provided for each class of contracts and the projected total value thereof which has been determined by the contractor/developer to have little or nor subcontracting possibilities. Similarly, in establishing goals for black and other minority owned and controlled business concerns, contracts which have no poten- tial for award to such business concerns including the projected value thereof, should be identified. h. The anticipated process and steps which have been taken and/ or will be taken to achieve the qoals for each business and/ or category identified with particular emphasis placed on the methods to be employed to secure the cooperation of Black businesses. Each contractor, subcontractor, or business shall demonstrate a good faith effort to achieve its goals or tar- get number and estimated dollar amount or contracts to be awarded to eligible Black businesses by (at a minimum) attempting to recruit Black business concerns through local advertising media, signs placed at the proposed site for the project, commu- nity organizations and public or private institutions serving the 87 Black community such as Contractors Training and Development Program, the Miami Dade Chamber of Commerce, the Overtown Community -based organizations for economic development, the Overtown Jobs Program and any other equivalent organizations. This approach was successfully utilized in the contract negotiations with the construction management firm for the development of the Overtown Shopping center wherein a goal of seventy-five (75%) Black Business utilization was established. The goals are to be forwarded to the City of Miami Overtown Park West Minority Participation Coordinator for review and approval. A contractor or developer who does not comply in whole or in part with this plan shall not be issued the right to proceed. 2. Contracts which are typically let on a negotiated rather than a bid basis will follow the same requirements as outlined in #1. 3. Where competitive bids are solicited, each bid will be evaluated to determine its responsiveness to the City's Black Business goals prior to the awarding of a contract. 4. Ongoing public service announcements will be placed in Black newspapers and on radio stations to reinforce the invitation to Black businesses to bid on City contracts. 5. A list of general contractors who have picked up bid documents will be sent to minority contractors assistance centers. 6. A complete set of bid documents will be sent to minority con- tractors assistance centers, Business Development Organizations (BDO's), and other convenient locations. 7. Include advertisements for all construction bids in the Miami Times. 8. A brochure will be prepared highlighting the opportunities for minority contracting. 9. A senior City of Miami official will be designated as a contract point to facilitate minority contracting. N10. Special assistance will be provided in meeting bonding require- _ ( ments by Contractors' Training and Development, Inc. This grant recently received $400,000 for this purpose. C!'t 88 Black Business Development In cooperation with the Overtown Economic Development Corporation and the Miami Capital Development Corporation, the City will iden- tify black entrepreneurs throughout Dade County who may occupy or lease commercial space and operate retail facilities in the re- development area. This list is to be compiled in cooperation with the Miami -Dade Chamber of Commerce (known as the Black Chamber) and the Dade County Office of Black Affairs. Through the effective use of the economic development delivery systems currently in existence, in the presence of Miami Capital Development, Inc. (MCD) and the Overtown Economic Development Corporation (OEDC), black entrepreneurs will have the opportunity to capitalize on the proposed commercial revitalization efforts. Additionally, the City of Miami will assist in facilitating the proposed Joint Venture Overtown Transit Area hotel project with the New Washington heights Community Development Conference and will lend support to the Overtown/Park Nest Development Authority in its effort to provide economic stimuli to the community. These organizations, established with Community Development Block Grant funds specifically for economic development, will provide business expansion and relocation loan packaging assistance for businesses displaced by the project and/or wishing to establish operations in the redevelopment area. Equity Participation All respondents to the land disposition bids for Overtown's pro- jects will be required to file a black equity participation plan indicating how they would meet the goal of 50o equity participa- tion. Property owners whose land was purchased for redevelopment will have the option of participating as general equity partners. The consultant firm of Hammer, Siler, George Associates has been engaged to conduct a study and prepare a Black Ecluity Participa- tion Plan for the Overtown Urban Initiatives Project. The scope of work for the consultant includes the following: 1. To define the concept of Black Equity Participation with as much detail as possible so that its applicability to property owners, businessmen and other categories of investors will be meaningful. 89 °", k 2. To develop a process that will establish the best methods in which the concept can be applied and which will indi- cate all the possible alternative ways of utilizing the concept. 3. To determine and detail the kinds of efforts and potential benefits that can accrue when the efforts are made. 4. To provide the necessary programmatic and legal documentation to support the concept. 5. To determine the pros and cons of Tax Increment Financing as it relates to Blacks in Overtown as property owners, business- men or other types of investors. 6. To determine the difference in effects/results on Blacks in Overtown depending on whether they are located on the _project site or in the surrounding area of the site. 7. To determine the steps that should be taken so that Blacks are able to realize the maximum benefit from Tax Increment Financing. 8. To thoroughly explain conclusions/options/recommendations re- gardinct the issue of Tax Increment Financing as it relates tc Blacks in Overtown. 9. To thoroughly explain any observations or recommendations regard- ing the issue of Black Equity Participation and document all findings in the final document. While the consultants will focus oncbveloning a plan which will iden- tify options available for Black equity participation and provide a detailed guide to advancing the participation of Blacks in future development projects primarily in the Transit area, it is the City's intent to utilize the principles of the Plan for insuring Black equity participation throughout the Overtown redevelopment area. In both the Overtown and Park West communities, prior to any offer for acquisition or institution of a condemnation proceeding, the jy property owner shall be afforded the opportunity, upon reasonable C!t 90 7 WE W notice, to demonstrate readiness, willingness and ability to go forward independently with the development of his or her property in a manner which is in concert with the planned development of the study area as approved by the County Commission. Technical assistance will be provided to property owners so that they can be aware of their rights and responsibilities in the various development arrangements. Residential Employment Unemployment in Overtown is significantly higher than in the rest of Dade County. In view of this, a high percentage of Overtown resi- dents should be employed in any public and publicly assisted project within the Overtown area in particular and proportionately in Park West. A mechanism will be established to assure referral of the unemployed to the new positions in an effort to fully attain the goal of 50% black employment in Overtown and 25% black employment in Park West during the construction phase of the project. Permanent positions especially in the commercial, will also be identified. At present, there are two organizations within the community which provide referral and job development services for the unemployed residents and they will be integrated into the employment network. The com- munity -based programs are: a. The Overtown Jobs Program (OJP) which received $175,000 in Community Development funds to provide a multi -faceted employment and training program specifically for Overtown residents. In addition to making direct referrals to public and private sector employers, the OJP is also instrumental in establishing training programs in specific skill areas to enhance the employability of its participants. OJP received a CETA grant for approximately $500,000 to train 96 Overtown residents in the trade areas of carpentry, painting, and mason- ry. Conceivably, these trainees will have the opportunity to receive employment during the construction phase of this project. N I �i 91 b. The Overtown Economic Development Corporation (OEDC) was selected by the Metropolitan Dade County Commission to serve as an accent to provide general labor force and construction management services for the construction of the Culmer/Overtown Neighborhood Facility (a $3 million project). This contract with the County has afforded the OEDC the op- portunity to establish itself as a viable entity for securing employment, hence establishing a precedent which could be effectively utilized for hiring in the construction phase of the project. In addition to the above, the City of Miami will work closely with existing job development programs such as the Private Industry Council and with the Overtown residents during construction of projects. Recruiting, intake, and counseling will be offered as preliminary services in referral to traininq programs. The Overtown Redevelopment Plan, as adopted by the City, anticipates placing par- ticipants in the county -wide system for allocation of training slots in training institutions, such as Dorsey Skills Center, Miami Skill Center, Miami Lakes Technical Center and Lindsey Hopkins. There will be close coordination with Dade County Community Action Agency, for social services which the agency may provide to program participants, Manchild day care programs for free day care and the City of Miami Medical Clinic for medical examinations and medical follow-ups. The tools and lines of communication have been established for many of these services and are currently in existence. Community Participation An Overtown Advisory Board, comprised of residents, property owners business persons, and organization representatives, has been desig- nated the community -based mechanism for monitoring the redevelopment activities within the Overtown area. The Board will have a fifteen - member composition. However, in order to enhance its capacity to plan, monitor, and effectively participate in the redevelopment process, the Board will solicit the assistance of individuals from various disciplines to serve on a Technical 'advisory Committee (TAC) TAC members will include representatives from the private sector, the City of Miami, Metropolitan Dade County, the Dade County School Board, and the federal government who will primarily be responsible for providing insights to the Board on the following issues: 92 • Business Relocation, Retention, and Development . Land Acquisition and Disposition Residential Relocation . Minority Business Enterprise Development and Equity Participation Residential Employment Metrorail System and Transit Station Development Housing Law Enforcement and Citizens Crime Watch Social Services Parks and Recreation and Youth Development Under the chairmanship of an OAB member, TAC members in the form of a Task Force, will meet at least once a month to assist the Board with the following tasks: a. Reviewing, evaluating, and making recommendations for approval, disapproval or modifications of policies, plans, programs, grant applications and projects affecting the area. b. Monitoring and influencing the development phases of the various projects including land acquisition, land manage- ment, preparation of land disposition responses and urban design. C. Monitoring and reporting on all phases of minority partici- pation, including construction contracting, construction hiring, permanent hiring, business ownership and business• management. Subsequently, the OAB will make recommendations directly to the City Commission. The Overtown Advisory Board will enter into an agreement with the City of Miami in order to provide for the effective adminis- tration and implementation of the Overtown projects. (See appendix). The agreement will be executed upon ratification of this plan. 93 Similarly, in the Park West community, a structure has been estab- lished in the form of the Park West Civic Association (PWCA) to serve as the monitoring mechanism for the area's redevelopment activities. The PWCA is comprised of property owners and business people from the area who have entered into an agreement with the City of Miami. The PWCA's agreement is also included in the appendix. GD N i 94 K. Financial and Staging Plan Tax Increment Allocation Financin 1. Introduction Tax increment allocation bonds will be the principal financing instrument employed by the City of Miami to finance the public sector development components of the redevelopment plan covering the southeast Overtown/Park West district (hereinafter referred to as the "district") . The Florida Community Redevelopment Act of 1969, as amended in 1979, is designed to encourage local governments to undertake needed improvements in designated "blighted areas" and to pay for these improvements with the property tax revenues generated from the enhanced assessed value of taxable real property. Under Florida legal procedure, Dade County must certify the total, initial assessed value of all taxable real property in the district prior to any bricks and mortar redevelopment efforts. Once certified, the real property taxes attributable to the initial assessed value are allocated to the appropriate taxing district in an amount equal to that produced by applying the current tax rate to the initial assessed valuation. The tax increment of the district or that portion of real property taxes (less school district tax) attributable to the increase in current assessed valuation over and above the initial assessed valuation, is paid into a redevelopment trust fund for the district. N Ui ui 95 2. Southeast Overtown: Financed Through External Development Table I summarizes in budget form the anticipated value of public development investment within Southeast Overtown with respect to each of the prescribed program elements. Total public investment including an additional $2,000►000 for supplemental transit related landscaping, street improvements and the construction of a plaza linking the residential neighborhood to the transit station area, is estimated to approach $32.43 million. Funds to pay for these public development costs incurred within this portion of the district will come primarily by way of pro- ceeds from the sale of tax increment allocation bonds. These bonds will be secured by the first and exclusive pledge of the increment tax revenue generated from the following projects to be located within the district. - Proposed development of the Freedom Tower block - The anticipated development of the Transit Impact Area - The anticipated redevelopment of the Overtown Transit Redevelopment Area In addition, surplus tax increment revenues generated by proposed development within Park West may be released at various points in time for redevelopment financing within Overtown in an effort to cover potential shortfalls during the redevelopment program period. 96 MAP NQ 14 PEOPLE MOVER AND STATION TAX INCREMENT DOLLARS TRANSFER MAP RAPID TRANSIT III COMMUNITY REDEVELOPMENT AREA RAPID TRANSIT ALIGNMENT W� TRANSIT, STATION TRANSFERED TO OVERTOWN REHABILITATION DEMONSTRATION AREA FROM I FREEDOM TOWER BLOCKS 2 TRANSIT IMPACT AREA 3 OVERTOWN TRANSIT REDEVELOPMENT AREA 97 IIIII I 0 200 C11 TABLE I OVE.RTOWtd PUBLIC INVESTMENT PROGRAM BUDGET (1980 Dollars) Commercial Rehabilitation1 $ 340,000 Housing Rehabilitation 11,330,000 Relocation/Land Acquisition 4,660,000 Infrastructure Improvements4 2,000,000 Redevelopment 2nd Mortgage Programs 14,100,000 Total $32,430,000 Footnotes: 117 structures @ $20,000/ea. 2200 units @ $25,000/e a. and 633 units @ $10,000/ea. 3244 occupied units and 60 vacant units 4Includes pedestrian walkway and transit related landscaping 5470 units @ $30,000/ea. 98 The following analysis determines the peak debt of tax increment allocation bonds generated by the anticipated development program and schedule for the Freedom Tower block and the Transit Impact Area as depicted in Table II. A 12% average interest rate and a 1.0 x tax increment revenue cover- age of- debt service is assumed for the transit impact area (qross revenue will exceed a 1.25 revenue coverage of debt service due to revenue from land sale proceeds) and a 1.25 x tax increment revenue coverage of debt service is assumed for the Freedom Tower block. M IA " Ir T? T T ANTICIPATED DEVELOPMENT SCHEDULE FREEDOM TOWER BLOCK & TRANSIT IMPACT AREA 1984-1987 1985 Freedom Tower Mixed Use (000) 600 S.F. Transit Impact Area Office (000) -- Rental Apts. (DU) -- _ Q� Ui ui 99 1986 1987 1988 Total 600 250 S.F. 250 150 650 150 D.U. 150 280 580 ook 'AX aTges oeS 'STSATeue MOTS t{sea aLI� ut paIaptsuoo st ea -It? Stu-4 jog anuana.z -4uawa.zout xes 'PGJV uot4e.zgsuowea uMOglanO sapnTox3 Z •xtpuaddv UT sanTen pue 4soO quawdoTanaQ 94ent.zd aaST •aTnpogos uoigeztgzowe TedTDUTJd JPGA OZ a aneq spuoq ayq butwnsse puoq uotq -eooTTe 4u9w9.zoui xe4 30 q4j oM 000'OS9'ZZ$ ATaqewtxojdde anssi pTnoo AqtO ays •aoin.zas ggap zo3 886T-S86T ueemgeq aTgeTzene aq TTTM 4uawazouT xe4 ui 000' L00' £$ �iTa�ewtxozdde (AI pup III saTgpJ;) STSATeue anoge aqq wo.z3 000'LOO'£$ 000'S£Z'£$ 6'6T T08'9£L'99T$ 000'006'TLT 886T-S86T --- --- -- --- OOT'£99't $ T86T aoinzaS q•gaQ quawaJOUI ageg quawaJOUI vein -4oaCoid .zoo ajgeTTPAV xes, . xes, uoTgenTen T uTq'4TM -4uewejoul xes passassV anTen passassV Te401 (SAPIToQ 086T) VSUV 13VdWI IISNVEJ, '3 x00'III 2i3MO,L 110CM d SI SAgVNK ,LN3WSHONI XVI QSZKOMNODV AI 3'I>r V I b'TLT$ V *L£ L£ LE 09 $ sIt'gas, v'TTT b'L£ L£ L£ -- eojV goedwl -4tsue.zs 09 $ -- -- -- 09 $ .zaMos wopaa.z3 TP401 886T L86T 9861 S86T (SzpTTOG 0861 3o suotTTTW) 8861 - S861 _ TV3UV LLDVdWI ,LISNVUJ, 'S ;I0019 83MOJ, 1ti0a332i3 NOI.LVfl'IVA Q3SS,-ISSK Q3SttdIOI,LNV I I I aq evl ion 09 '0T OZ 0£ -- (000) TTpgaU 'a SZZ -- SZT OOT -- (000) aaTj30 'O OOS O6T OL OZZ OL (f1Q) buTsnoH •g OST -- -- OST -- (SIrd) TagoH •V :uanTO Tpgos 886T L86T 986T S861 886T - S861 KUUV ZNaWdO'IUAUQUU IISNVULL NMOZUHnO UZ CMDS INUIldO'IUnUG GaJVdIOIJNV n TIUVI •n oTgpy uT paquasaid sT pajV quawdoTanapag gTsUPJI uMog.zanO auq JOJ aTnpogos pup wpi5oia quawdoTanap pagpdToTgup ays •Pair goaCgns aqq 3o ggnos gsnC 'pajV quawdoTanapag gTsup.zy uMogJDAO ayq uTtIgTm quawa.zout anTpn passassp Oq4 wOJJ awoo TTTM uMogJGAO gspaggnog jo3 buToupuT3 TpuoTgTppV Additional financing for Southeast Overtown will come from the assessed value increment within the Overtown Transit Redevelopment Area, just south of the subject area. The anticipated development program and schedule for the Overtown Transit Redevelopment Area is presented in Table V. TABLE V ANTICIPATED DEVELOPMENT SCHEDULE OVERTOWN TRANSIT REDEVELOPMENT AREA 1985 - 1988 1985 1986 1987 Given: A. Hotel ( R14S ) -- 150 -- B. Housing (DU) 70 220 70 C. Office (000) -- 100 125 D. Retail (000) -- 30 20 1988 Total -- 150 140 500 -- 225 10. 60 N u� c�t 101 TABLE VI ANTICIPATED ASSESSED VALUATION OVERTOWN TRANSIT REDEVELOPMENT AREA (Millions of 1.980 Dollars) 1985 1986 1987 1988 Total Given: A. Hotel -- 5 -- -- 5 B. Housinq $3.1 9.9 3.2 6.3 22.5 C. Office -- 8 10 -- 18 D. Retail -- 1.8 1.2 .6 3.6 Totals $3.1 24.7 14.4 6.9 49.1 Cumulative Totals -- 27.8 42.2 49.1. -- Table VI shows that the total value of the project area in 1988 may approach $50,000,000. Given a 1981 assessed value of $2,855,000 for the Overtown transit redevelopment area, the assessed valuation increment will equal $47,1.45,000. 102 AGGREGATED TAX INCREMENT ANALYSIS OVERT0117N TRANSIT REDEVELOPMENT AREA (1980 Dollars) TOTAL ASSESSED ASSESSED VALUATION TAX YEAR VALUE IN AREA INCRE"LENT TAX RATE INCREMENT 1981 $ 2,855,000 --- -- --- 1.985 to 1988 $50,000,000 $46,240,000 19.4 $897,000 TAX INCREMENT AVAILABLE FOR DEBT SERVICE $718,000 N GD As shown in Table VII, approximately $897,000 in tax increment revenue will flow to the City upon completion of the Overtown transit area develop- ment schedule. Assuming a 1.25 tax increment revenue coverage of debt service, $718,000 of tax increment will be available for debt service by 1988. A debt service of this amount will support a total tax increment allocation bond issue of $5,400,000, between 1983-1985,-given a 12% average interest rate and a 20 year principal amortization schedule. The City plans to utilize urban mass transportation initiatives funds to finance necessary public investment within the Overtown transit develop- ment area (see Overtown Transit Redevelopment Area Environmental Impact Statement, 1981). The proceeds (valued at roughly $3,500,000) from the sale of bonds secured by the tax increment revenue generated from new development within the Overtown transit area will, therefore, become a valuable resource. 103 V) The cash flow analysis presented on the next page determines the maximum level of public expenditure within Overtown on a yearly basis. This expenditure level is subject to the previously discussed bonding capacities, the timing of the tax increment issues, the public invest- ment program and schedule for the Transit Impact Area, bond related expenses and reserves and the transfer of tali increment revenue from Park West (see Park West Cash Flow Analysis). According to the findings of the cash flow analysis, Overtown may accomplish the redevelopment goals set forth in this plan in accordance with the following expenditure schedule. TABLE VIII OVERTOWN: SCHEDULE Or PUBLIC EXPENDITURES (Millions of 1980 Dollars) Total 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 $32.43 4.005 2.225 1.915 4.370 4.215 4.525 2.165 4.525 2.398 2.127 Given the schedule of Public Expenditures for Overtown, the cash flow model also proposes a schedule for the public investment program identified pre- viously in Table I. 104 In TABLE IX Cash Flow Analysis Overtown (D00's of 1980 Dollars) 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 Public Development Costs Transit Impact Area - 4350 3350 3000 1000 - - - - - - Overtown Housing/Comm. Rehab. 1840 500 500 1830 2000 1000 1000 1000 1000 INN - Plaza 6 Landscaping 1000 200 250 500 50 - - - - - - Relocation 6 Land Acq. 1165 - 1165 - 1165 - 1165 - - - - 2nd Mortgage Pgm. - 1525 - 2000 1000 3525 - 3525 1398 1127 - Subtotal Public Dev. Costs 4005 6575 5262 7330 5215 4525 2165 4525 2398 2127 - Issuance Expense 274 316 216 320 200 180 - - - - - Capitalized Interest 1644 1896 1300 1920 1200 540 - - - - - Debt Service Reserve Fund 905 1042 715 1056 660 594 - - - - - Debt Service Payment - - 905 1947 2662 3718 4378 4972 4972 4972 4972 Subtotal Bond Costs 2823 3254 3136 5243 4722 5032 4378 4972 4972 4972 4972 Total Costs 6828 9829 8398 12573 9951 9557 6543 9497 7376 7099 4972 Public Revenue Bond Proceeds 6850 7900 5420 8000 5000 4500 Trust Fund Tax Increment - - 1556 2496 3408 4132 4132 4132 4132 4132 4132 Tax Increment Overtown 36 56 130 188 256 315 395 425 425 425 Land Sale Proceeds 1000 1000 1000 Residual Area Tax Increment 89 98 109 130 142 158 173 190 210 230 253 Park West Transfer - - - - - - 594 2316 2516 1188 1056 Interest on Capital Int. 197 325 270 310 260 136 - - - - - Interest on Reserves 108 233 320 450 525 550 530 300 300 300 300 Release of Reserves (shortfall) - - - - - - 575 2162 - 575 - Cash Flow Carry Over 416 179 512 527 113 288 64 62 275 26 Total Revenue 7244 10008 8910 13100 10050 9845 6607 9559 7645 7125 6163 Cash Flow from Operations 416 179 512 527 113 288 64 62 275 26 1191 105 3. Park West: Financed Through Endogenous Development Table X describes the development program and schedule for Park West. The letters with each number, for example I1/25, indicate the block in which that development program element would be located. See Conceptual Redevelopment Plan, Map 15, for specific block location. TABLE X DEVELOPMENT PROGRAM PARK WEST 1985 - 1991 Development Pro- gram Elements 1985 1986 1987 1988 1989 1990 1991 Totals Year 1 2 3 4 5 6 7 Waterfront Con- dominiums N/150 D/150 H/150 K/150 -- -- -- 600 Waterfront Office (000 sq.ft.) N1100 D/100 H/100 K/100 -- -- -- 400 Waterfront Retail (000 sq.ft.) N/25 D/25 H!25 K/25 -- -- -- 100 Duplex Condo- miniums -- C/90 C/90 B/90 B/90 A/100 A/100 560 Condominium Apartments -- G/90 G/90 J/180 F&I/360 M/360 L/180 12GO Rental Apartments -- E/21.5 E,/215 -- L/180 -- -- 610 Specialty Retail (000 sq.ft.) -- -- -- G&Ji100 -- F&I100 200 The assessed value from increment of this new development is as follows in Table XI. 106 ANTICIPATED ASSESSED VALUATTON PARK WEST1 (Millions of 1980.Dollars) Total 1985 1986 1987 1988 1989 1990 1.991 Assessed Value of New Development $410.6 34.6 72.1 73 67 73 52.3 38.6 TABLE XII AGGREGATED TAX INCREMENT ANALYSIS PARK WEST (1980 Dollars) Total Assessed Value Assessed Valuation Within Project Area Increment Tax Rate Tax Increment 1981 $ 23,381,000 -0- 19.4 --- 1985-1991 $410,600,000 $382,219,000 19.4 $7,400,000 Approximately $7,400,000 of tax increment revenue will be available between 1985-1990 for debt service. This amount will support a "peak debt" bond issue of $56,000,000 at 12% average interest rate over 20 years. 1See private 1)eve3.opment Casts and Values in Appendix. Assessed value also includes the residual area (not subject to new development)value. 107 ' TABLE Xlll Cash Flow Analysis Park West (000's of 1980 Dollars) 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 Public Development Costs Site Prep. 8 Adm. 1650 2565 1560 2397 2820 1540 600 300 300 300 200 100 50 11 - Land Acquisition 3263 3263 4242 5448 4759 5000 - - - - - - - - Rental Parking Structures - 2500 2500 - 2025 - - - - - - - - - Rental Apt. Costt. Subsidy - - 3225 3225 - 2700 - - - - - - - - - Overtown Redev. Transfer - - - - - - 594 2316 2516 1188 1056 792 - - - Subtotal Public Dev. Costs (1-5) 4913 8328 11527 11070 9604 9240 1194 2616 2816 1488 1256 892 s0 11 - - Issuance Eznense 180 380 440 360 320 240 - - - - - - • - - Capitalized Interest 1080 2280 2640 2160 1920 1440 - - - - - - - - - Debt Service Reserve Fund 594 1254 1454 1188 1056 792 - - - - - - - - Debt Service Payment - - 594 1848 3302 4490 5546 6338 6338 6338 6338 6338 6338 6338 6338 Subtotal Bond Costs (7-10) 1854 3914 5128 5556 6598 6962 5546 6338 6338 6338 6338 6338 6338 6338 6338 Total Costs (6 + 11) 6767 12242 16655 16626 16202 16202 6740 8954 9154 7826 7594 7230 6388 6349 6338 Public Revenue Bond Proceeds 4500 9500 11000 9000 8000 6000 - - - - - - - - Trust Fund Tax Increment - - 640 1960 3300 4510 5740 6684 7400 7400 7400 7400 7400 7i00 7400 Land Sale Proceeds 2500 2500 3700 4683 4000 4500 - - - - - - - - - Interest on Capitalized Interest 130 340 452 417 374 290 86 - - - - - - - - Interest on Reserves 70 221 396 538 665 760 689 539 365 223 97 - - - - Debt Service Reserve Release - - - - - - 594 1254 1454 1188 1056 792 - - - Less: Reversion to Tax Authority - - - - - - - - - (1060) (1062) (1062) (1062) (1062) (1062) Cash Flow Carry Over - 433 752 285 257 394 252 621 144 209 132 161 61 11 - Total Revenue (1-8) 7200 12994 16940 16883 16596 16454 7361 9098 9363. 7958 7755 7291 6399 6349 6338 Cash Flow from Operations 433 752 285 257 394 252 621 144 209 132 161 61 11 -0- -0- 108 VJ The total value of public investment within the Park West portion of the District equals $56.547 million. Land sale proceeds are antici- pated to approach $21.883 million. Therefore, the net value of public investment may equal $34.664. Table XIII presents the findings of a cash flow analysis employed to determine a bonding strategy (i.e. how much and in which years) re- quired to cover the costs associated with a given public investment program scheduled for Park West primarily occurring between 1983-1989. The analysis suggests that six tax increment allocation bonds be issued between 1983-1988 (inclusive) totaling $48 million. The positive cash flow, generated from the release of the debt service reserve require- ments between 1989-1994, will be used to finance cost overruns in Overtown. Additional cash flow surpluses experienced from 1992 forward will be returned to the local tax authority to help cover county -wide escalating public service costs. 4. Conclusion The total value of bond proceeds required to finance planned public investments throughout the Park West/Overtown Tax Increment District may approach $85.7 million, an aggregate value just shy of the District's "peak debt" given the previously identified development schedules. Subtracting out projected administrative expenses from the Park West cash flow analysis (because it is a district -wide expense financed totally out of revenues generated by the Park I9est subarea) the total value of planned net -public investment within the Overtown subarea is expected to equal the total value of planned net public investment within the Park West subarea between 1983-1993. Each dollar of net public expenditure within the Park West subarea is expected to generate $11..82 of private investment within the same area. The public expenditure/private expenditure leveraging ratio within Overtown is anticipated to approach 1. 109 0 r3 11 s lomeloon noonnnrio f) Qn=00 cl MUM Itt- B 44 c Di 0— 1 i Inn y00 71 00 iL PARK WEST CONCEPTUAL REDEVELOPMENT PLAN MAP NO. 15 110 L. Management Plan and Schedule 1. Management Plan The implementation of the Southeast Overtown/Park West Com- munity Redevelopment Plan will entail a concerted effort by both the public and private sectors and the assumption of a leadership role by the Park West Association within the Park West sector and the Overtown Community Development Ad- visory Board within Overtown sector. A Project Management Committee will be established to insure continuous inter -governmental coordination during the re- development process. The Committee will include representa- tives of appropriate City and County departments and agencies, representatives of the Park West Association and the Overtown Advisory Board.l Initially the key personnel for the S.E. Overtown/Park West Plan will be a Project Manager and a senior City of Miami official. to insure minority participation. Addi- tional staff may be assigned as deemed necessary. The following redevelopment schedule has been established for the implementation of the Park West and Overtown Rehabilitation Demonstration Area Projects. Implementation of the Overtown Transit Station Area Project will commence in early 1983. Proposed Redevelopment Schedule for Tax Increment Funded Projects July 1982 Approval of Southeast Overtown/Park West Community Redevelop- ment Plan by County Commission. l See Appendix SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT � MANAGEMENT PLAN N 0 CITY COMM ISSION CITY MANAGER PROJECT MANAGER AND STAFF PARK PROJECT WEST MANAGEMENT ASSOCIATION COMMITTEE y& <0 DADE COUNTY OVERTOW N COMMUNITY DEVELOPMENT ADVISORY BOARD Prepare and adopt Tax -Increment Trust fund (TIF) ordinance. Tax -cap effective January 1983. SI:11TI MBElt 1982 - f I:B(tUIIZI' 1983 Approv DRI and secure City development order, 1lrvel op detri i 1 cad 11hi-an deli i hn I;ll i dt'l i ne's :end pl-e- pare prospectuses of offering; and draft disposition agreements for development. Market/solicit developer(s) interest. MAIWII 1983 - AI1(;!1ST 1983 Advertise development prospectus(es) of offering • Receive, review and recommend selection of Developer(s) proposal (s). • Select Developer(s), • Negotiate development and disposition agreements. • Sign development and disposition agreements, 51:P'f1:ti11iiilt 1983 - FI:I3I211:\Itl' 1984 • Undertake bond feasibility study; prepare bond prospectus (es); validate, rate and market bonds 113 Developer(s) seek construction and permanent financing commitment (s). Developer(s) complete design and engineering working drawings for project development. Complete design and engineering working drawings for public and infrastructure improvements. Issue letter of intent to acquire property(ies). Complete appraisals and review appraisals of property(ies) to he acquired. Negotiate with property owner(s) for acquisition. Begin procedure for the -relocation of affected businesses and residents. MARCH 1984 - AUGUST 1984 Sell bonds. Establish Second jklortgage fund for Overtown Establish Rehabilitation Loan Fund for Overtown Developer(s) closing, Property owner(s) closing or quick -take. Relocate business(es) and/or residents. 114 Demolish existing structure(s) and prepare site(s). Developer(s) apply and secure building permit(s). Begin project(s) construction. S1:1ITFIMM'R 1984 - JUNE 1985 Completr protect (s) construction. Sell, lease, rent finished residential. units and commercial space. JULY 198 5 - DLCEMBER 1990 Complete entire redevelopment program. Market and occupy project(s). The City of Miami through the Community Development Block Grant Program will continue to fund the rehabilitation of multi -family structures within the Rehabilitation Demonstration Area in order to encourage the continued revitalization of the area prior to the establishment of a rehabilitation loan program funded through the sale of bonds. 115 u) y d l ppri5mmox REDIORANDUM of AGREEMENT PARK WEST REDEVELOPMENT 'a order to provide for the effective administration end irpler..er.- :ation of the proposed Park West Redevelopment Plan, it is hereby qreed that the City of Miami (City) and the Park West Association ?WA) will co-operate within the following framework: 1. The Park West Association will be recognized as an official Park West Redevelopment Project Area Committee. 2. A representative of the Park West Association will participate in the hiring of the Park West Redevelopment Project Manager, during the interviewing or selection phase with the final hiring choice exercised by the City Manager. 3. The Park West Management Committee, appointed by the City Manager, will include two repre- sentatives from the Park West Association designated by the Executive Committee of the Association. 4. The Park West Project Manager will make regular monthly progress reports to the Park West Association. 5. The Executive Committee of the Park West Association will be asked to review and endorse the proposed Park West Redevelopment Plan, developer selection and other major implementation decisions prior to formal action by the Miami City Commission. 6. The Park West Association Land Disposition and Acquisition Committee will participate in the development of the Acquisition and Disposition Guidelines and be asked to endorse such guide- lines prior to their presentation and approval by the City Commission. 7. The Park West Association 3usiness Relocation and Retention Committee will participate in the development of the Relocation and Retention Guidelines and be asked to endorse such guiJe- lines prior to their presentation and approval by the City Cormmission. One year following plan approval and the authorization to proceed by the City Commission and County Commission, the City Manager will evaluate the progress of the project and recorinend any changes in the organization and procedures required to successfully carry out the project. This report will be reviewed with the Park West Civic Association prior to presentation to the City Commission. APPRCVED AS FORM: 116 AGREED TO SEPTEMIIEP. _, 1991 i� Howard V. ��aR'} City Managcla City of Miami Lee Ruwttch President Park West Associ4ion tY Tor, :Lo:rer Socreta ry,Tre a;urer Park. W„st Association MEMORA'IDUM OF AGREEMENT OVERTOWN REDEVELOPMENT in order to provide for the effective administration and implementation of the proposed Overtown/Park West Redevelopment Plan, it is hereby agreed that the City of Miami (City) and the Overtown Advisory Board (DAB) will co-operate within the following framework: 1. The Overtown Advisory Board will be recognized as an official Overtown redevelopment monitoring and advisory committee. 2. The Park West Management Committee, appointed by the City Manager, will include two representatives from the Overtown Advisory Board. 3. The Overtown Redevelopment Coordinator will make regular monthly progress reports to the Overtown Advisory Board. 4. The Overtown Advisory Board will be asked to review and endorse the proposed Overtown/Park West Redevelopment Plan, developer selection and other major implementation decisions prior to formal action by the Miami City Commission. 5. The GAB Disposition and Acquisition Task Force will participate in the development of the acquisition and disposition guidelines and be asked to endorse such guidelines prior to their presenta- tion and approval by the City Commission. 6. The DAB Business Relocation, Development and Retention Task Force will participate in the development of the relocation and retention guidelines and be asked to endorse such guide- lines prior to their presentation and approval by the City Commission. 1. One year following plan approval and the authorization to proceed by the City Commission and County Commission, the City Manager will evaluate the progress of the project and recommend any changes in the organization and procedures required to successfully carry out the project. This report will be reviewed with the Overtown Advisory Board prior to presentation to the City Commission. APPROVED AS TO FORM: AGREED TO Howard V. Gary, City Manager City of Miami Charles Cash, Chairperson Overtown Advisory Board Ben Brown, Vice Chairperson Overtown Advisory Board Margaret Brown, Secretary Overtown Advisory Board N fi 117 TABLE FINANCIAL PRO FORMA TYPICAL 12 UNIT CBS APARTMENT BUILDING OVERTOWN NEIGHBORHOOD SUBSTANTIAL REHABILITATION Assuming a rehabilitation cost of $120,000 or $10,000 per unit through a 3 per cent 20 year direct rehabilitation loan. Gross Rental Revenue at an average of $190.00 per du: Less Vacancy Allowance at 5%: Gross Effective Revenue: Operating Expenses: Real Estate Taxes: Fixed Charges: Existing Debts: Rehabilitation Loan: Total Operating Expenses, Taxes and Fixed Charges: Net Revenue: Equity: Estimated Return on Investment: 118 $5,500 $7 , 992 $27 , 360 $ 1,368 $ 7,500 $ 3,600 $13,492 $25,992 $24,592 $ 1,400 $11,200 12.5" 0 L1� PRIVATE DEVELOPMENT COSTS Condominiums: $ 138,000/DU Office Space: $ 100/sf Retail: $ 80/sf Duplex and Mid -rise: $ 126,000/DU Condominium Apartments: $ 100,000/DU Rental Apartments: $ 80,000/DU Specialty Retail: $ 80/sf 1 19 TO: Howard V. Gary City Manager ""C"' A. McManus ktiDirector Planning Department CITY vrwIAMI. FLORIDA INTER -OFFICE xxEmomxNmuM =BJ,C,. Southeast nvertcwo/eazk West cvnunuoitr Redevelopment Plan "=,"o.=s,, city Commission Meeting of zols 2e, zynz (pursuant to ENCLOSURES: Resolution #81-920) Transmitted for distribution to the Miami city Commission is the revised Southeast overtowo/park west Community Redevelop- ment pzau dated June, 1982, and amendments to the Plan proposed by the Southeast oveztowu/rark West Community Redevelopment Ad Hoc Committee at their July 21, I982, meeting. on October 22, 1981, the Miami city Commission approved the original plan document (Resolution #81-920). Subsequent to this approval several concerns were expressed by representa- tives of the Overtown Community. An extensive number of meetings have been held with the Ad Hoc committee to rectify their concerns. Major changes to the plan have been made to reflect their concerns. Modifications incorporated within the June 1982 plan include: -- increased funding for projects within Oveztowu from $10,000,000 to u32,488,000, -- expansion of area boundaries within Oveztowo to include the area bounded by 1-395, 1-95, MetroraiI alignment and NW lst Avenue. -- improved physical integration of "he Park West and Vvertn"n sub -areas. -- increased and more intensive redevelopment activity within the 0vectmxu sub -area. -- project phasing and programming which will allow develop- ment to occur concurrently. -- the provision of 120 units of housing for low/moderate income families within the Park West project sob -area. Page 1 of 3 Howard V. Gary July 23, 1982 -- a strengthening of policies and programs for Black participation within the redevelopment process. -- the establishment of a community monitoring mechanism to review plan implementation. The Southeast Overtown/ Park West Community Redevelopment Ad Hoc Committee was selected on July 22, 1982, by the Miami City Commission for this purpose. Further plan modifications to the June 1982 revised plan have recently been requested by the Ad Hoc Committee. These changes focus on further expansion of redevelopment activities within the Overtown sub -area and a lessening of emphasis on residential rehabilitation activities within the area south of the Metrorail alignment. It was the general consensus of the members of the Ad Hoc Committee that unless substantial clearance of blighted and marginal structures was undertaken the overall poor environ- mental character of the area would not be altered to a degree necessary to encourage redevelopment for moderate income housing and new commercial development. The original emphasis on residential rehabilitation as shown in the June 1982 Plan, was envisioned as a short term (10 years or less) solution for housing the lower income segment of the Overtown population and preventing their displacement from the area. At the July 21 Ad Hoc Committee meeting the group endorsed a redevelopment program that calls for the acquisition and clear- ance of approximately 90% of the residential and commercial structures located between NW 8th Street and the Metrorail align- ment within the Redevelopment Area; the construction within the area of 400 units of moderate income home ownership housing to be subsidized through a second mortgage program; the construction of 208 units of replacement housing for low income families within Overtown; the moderate rehabilitation of 90 residential units and 6 commercial structures and infrastructure improvements. Redevelopment would be phased over a 10 year period and be funded through the proceeds of the Tax Increment Financing District. This proposal differs significantly from the June 1982 Plan which calls for the rehabilitation of 833 housing units and the con- struction of 470 new units of moderate income housing (note table). Rehabilitation and redevelopment activities would be dispersed according to the Plan throughout the area between NW 8th Street and I-395. Minimal relocation would be required in the short term due to the emphasis on rehabilitation activities. The plan is predicated upon the assumption that the private market will eventually replace the moderately rehabilitated apartment structures since the worst structures will be cleared and a significant in- fusion of new development will be provided. In the long tei,,, Page 2 of 3 Howard V. Gary July 23, 1982 -- a strengthening of policies and programs for Black participation within the redevelopment process. -- the establishment of a community monitoring mechanism to review plan implementation. The Southeast Overtown/ Park West Community Redevelopment Ad Hoc Committee was selected on July 22, 1982, by the Miami City Commission for this purpose. Further plan modifications to the June 1982 revised plan have recently been requested by the Ad Hoc Committee. These changes focus on further expansion of redevelopment activities within the Overtown sub -area and a lessening of emphasis on residential rehabilitation activities within the area south of the Metrorail alignment. It was the general consensus of the members of the Ad Hoc Committee that unless substantial clearance of blighted and marginal structures was undertaken the overall poor environ- mental character of the area would not be altered to a degree necessary to encourage redevelopment for moderate income housing and new commercial development. The original emphasis on residential rehabilitation as shown in the June 1982 Plan, was envisioned as a short term (10 years or less) solution for housing the lower income segment of the Overtown population and preventing their displacement from the area. At the July 21 Ad Hoc Committee meeting the group endorsed a redevelopment program that calls for the acquisition and clear- ance of approximately 900 of the residential and commercial structures located between Nca 8th Street and the Metrorail align- ment within the Redevelopment Area; the construction within the area of 400 units of moderate income home ownership housing to be subsidized through a second mortgage program; the construction of 208 units of replacement housing for low income families within Overtown; the moderate rehabilitation of 90 residential units and 6 commercial structures and infrastructure improvements. Redevelopment would be phased over a 10 year period and be funded through the proceeds of the Tax Increment Financing District. This proposal differs significantly from the June 1982 Plan which calls for the rehabilitation of 833 housing units and the con- struction of 470 new units of moderate income housing (note table). Rehabilitation and redevelopment activities would be dispersed according to the Plan throughout the area between NW 8th Street and I-395. Minimal relocation would be required in the short term due to the emphasis on rehabilitation activities. The plan is predicated upon the assumption that the private market will eventually replace the moderately rehabilitated apartment structures since the worst structures will be cleared and a significant in- fusion of new development will be provided. In the long term i Page 2 of 3 Howard V. Gary July 23, 1982 is anticipated that the lower income population within the area will be displaced through private reinvestment activities. The proposed modification to the June 1982 Plan while con- centrating redevelopment activity south of NW llth Street and removing 377 housing units now occupied by lower income house- holds does provide funds for the construction of 208 units of low income housing. Based on recent relocation data provided by Dade County HUD, only 60% of those relocatees entitled to subsidized housing select it; the remainder select the lump sum relocation payment of approximately $4500. Housing will be provided for 60% of those low income families which are to be displaced at an estimated public cost of $50,000 per housing unit under the modified redevelopment program endorsed by the Ad Hoc Committee. The Ad Hoc Committee has approved the June 1982 Plan document with the attached amendments at their July 22, 1982, meeting. The Planning Department concurs with the proposed plan amend- ments based on the provision of 208 units of new housing for low income families which will be displaced by the proposed redevelopment. JWM/MDS/vb Attachments Page 3 of 3 82-'755 Howard V. Gary July 23, 1982 is anticipated that the lower income population within the area will be displaced through private reinvestment activities. The proposed modification to the June 1982 Plan while con- centrating redevelopment activity south of NW llth Street and removing 377 housing units now occupied by lower income house- holds does provide funds for the construction of 208 units of low income housing. Based on recent relocation data provided by Dade County HUD, only 60% of those relocatees entitled to subsidized housing select it; the remainder select the lump sum relocation payment of approximately $4500. Housing will be provided for 60% of those low income families which are to be displaced at an estimated public cost of $50,000 per housing unit under the modified redevelopment program endorsed by the Ad Hoe Committee. The Ad Hoc Committee has approved the June 1982 Plan document with the attached amendments at their July 22, 1982, meeting. The Planning Department concurs with the proposed plan amend- ments based on the provision of 208 units of new housing for low income families which will be displaced by the proposed redevelopment. JWM/MDS/vb Attachments Page 3 of 3 82--755 AMENDMENTS TO THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT PLAN (JUNE, 1982) At a meeting of the Ad Hoc Committee on the Southeast Overtown/ Park West Community Redevelopment Plan held on July 21, 1982, the committee voted unanimously to approve the following amend- ments to the Southeast Overtown/Park West Community Redevelopment Plan dated June 1982. 1) Total redevelopment of the area bounded by NW 8th Street and NW llth Street, I-95 and NW 1st Avenue (note attached redevelop- ment program). 2) Limited rehabilitation within the beforementioned area. 3) The development of 208 units of low income replacement housing for those displaced by redevelopment activities undertaken between NW 8th and llth Streets. These units will be developed within other portions of the Overtown CD Target Area. 4) The plan would provide for interim parking and open space to support the renovated "Double E" Building located at NW 3rd Avenue and NW 2nd Street. 5) An urban design plan will be prepared .for the two blocks in Park West, east of the transit station and the Southeast Overtown area. The design plan will deal with building placement, site amenities, pedestrian movement, placement and access to histori- cal structures, etc. 6) The preservation program prepared by the Black Archives History and Research Foundation of South Florida will be incorporated in the Southeast Overtown/Park West Community Redevelopment Plan as an addendum.' 7) The City will aggressively seek grants, ie., EDA, UDAG and other financial assistance to carry out the redevelopment plan. 8) The area north of NW llth Street will be targeted for Federal assisted housing rehabilitation efforts and rehabilitation assistance to be provided in the future with Community Develop- ment funds. 9) As a matter of policy, tax increment bonding capacity generated in the Park West area north of NW llth Street and south of NW 7th Street will be earmarked to provide assistance to the area in Overtown north of NW llth Street. 10) An Afro -Caribbean and historical theme should be developed as a magnet for the area and the City and/or County should seek to locate a project of catalytic stature similar to the Downtown sports arena and performing arts facility in Overtown. 8". .55 f. . . ,.`% Alternative Development Concepts for the Overtown Rehabilitation Demonstration Area 7/21/82 June 1982 Plan Residential Rehab. substantial 200 moderate 633 total 833 Land Acquisition structures 67 units 244 rooming houses 4 vacant parcels (include structure) 60 Relocation residential 268 @ $ 5,000 comne rc i a 1 Commercial Rehabilitation 17 @ 20,000 Redevelopment 470 @ 30,000 Infrastructure Improvements Last Resort Housing TOTAL $ 5,000,000 69330,000 11,170,000 Proposed Modifications Endorsed by the Ad Hoc Committee 90 $ 900,000 90 900,000 48 3,440,000 347 6,000,000 5 39 1,340,000 169 @ $ 5,000 $ 845,000 208 @ 500 113,500 8 @ 8,000 64,000 340,000 6 @ 20,000 120,000 14,100,000 400 @ 30,000 12,000,000 2,000,000 2,000,000 I 208 @ 50,000 10,400,000_ $32,438,000 $32,442,500 PLANNING FACT SKEET APPLICANT: City of Miami Planning Department June 17, 1982 PETITION: Consideration of recommending approval, in principle of the Southeast Overtown/Park West Community Redevelopment Plan for the area irregularly bounded by Biscayne Boule- vard and FEC R.R. right-of-wav on the east, I-395 on,the north and North 5th Street on the south, and 1-95 and she FEC R.R. right-of-way on the west, which Community Redevelopment Plan includes ac- quisition and clearance, relocation, re- habilitation, street improvements and beau- tification and which plan is in conformity with the Miami Comprehensive Neighborhood Plan. REQUEST: To approve in principle the Southeast Overtown. Park West Community Redevelopment Plan. BACKGROUND: The Southeast Overtown/Park Nest Community Redevelopment Plan entails the major recom- mendations and action programs of two dis- tinct planning processes that the City of Miami, in conjunction with Dade County have been undertaking since the late 1970's. In 1976, the City of Miami adopted the Miami Comprehensive Neighborhood Plan 1978-86 (?ICNP) which provides the framework for the over- all development of the City of DJiami. Develop- ment opportunities were identified for this area within this document including the es- tablishment of a new -in -town residential com- munity and redevelopment opportunities afforded by Transit Station Development. A Community Redevelopment Plan focuses on areas of signi- ficant neighborhood deterioration for which a detailed redevelopment program is required. In 1979, the City of Miami and subsequently in 1950, Dade County approved the Overtown Redevelopment Plan after an extensive citizen review. This plan is for the large. Overtown Community which extends for approximately one square mile. 52-'755 i The southest portion of that planning area has been incorporated within this document due to its functional interrelationship with the abutting area to the east. The Overtown Redevelopment Plan provides a unified, action - oriented guide for the overall revitalization of the Overtown Community and provides a redevelopment strategy for a five year period. A series of subarea planning projects were identified in the plan including the Overtown Transit area Redevelopment Project, and the Overtown Rehabilitation Demonstration Project Area Project which lie in the SE portion of Overtown. These projects have been incorpora- ted within this planning document. Since 19SO a major efforthas been made to implement these projects. In 1973, an Urban Development and Zoning Plan was prepared for the Downtown Development Autho- rity and the City of Miami Planning Department. This report recommended redevelopment of the area north of the Port Access Road to I-395 between Nit First Avenue and Biscayne Boulevard. This recommendation was incorporated within the HCV'P in 1976. In 1979, the Downtown Development Authority of ?iiami in conjunction with the City of Miami began the process of preparing a redevel- opment plan for the beforementioned area which was designated Park West. The consulting firm of WRT (Wallace, Roberts and Todd) was selected to prepare the redevelopment document. An ex- tensive 18 months public and private review process was undertaken with major input from the Park.West Civic Association, representing owners of property and businesses in Park West and the New World Center Action Committee, Park West Sub -Committee of the Greater Miami Chamber of Commerce. The Southeast Overtown/Park West Community Re- development Plan incorporates appropriate por- tions (.including text) of the "Overtown Redevel- opment Plan" prepared by the City of Miami Plan- ninn Department and "Miami ParI: West - A Redevelop- ment Program for Downtown Miami" prepared by WRT for the Downtown Development Authority of Miami into a unified document consistent with regulatory requirements mandated by the State of Florida Community Redevelopment Act as amended. 82-'755 i10H� Tax increment financing is the recommended tool for initiating redevelopment and nec- essitates the establishment of a separate Community Redevelopment Area. There is a significant variation in public expenditure and participation needed within the redevel- opment process in order to achieve a full range of residential and commercial redevelopment for all economic segments of our cornrunity. The greater need within the Overtown segn^eat of the Planning Area and the potential funding resources to be generated by the Park Nest and adjacent redevelopment activities will prove extremely beneficial to meeting redevelopment objectives established for the Overtown Commu- nity. Without major improvements within the Overtowni segment it is extremely doubtful that full redevelopment can be achieved within the Park West Area. It is also a major objects.-e of the City of Miami to create a balanced community with housing opportunities for all segments of the population. On October 22, 1981, the Miami City Commission (Resolution 81-920) approved the Southeast.' Overtown Park West Community Redevelopment Plan. Subsequent to this approval several concerns were expressed by representatives of the Overtc:an Community. These concerns focused on: greater funding for projects within the Overtown sub- area; improved integration of the overall project, increased redevelopment opportunities within the Overtown sub -area, expanded project boundaries, and greater minority participation. An Ad Hoc'Planning Committee was established comprised of representatives of the Overtown and Park West communities to further revise the redevelopment program. Their recommendations have been incorporated within this revised document. 8~a�5 ANALYSIS: The implementation of the redevelopment programs proposed for the Park West and Overtown subareas will result in the constructin in total of ap- proximately 4000 new residential units, 600,000 sq. ft. of new office space, 500,000 sq. ft. of retail space, 400-500 hotel rooms, and the re- habilitation of 800 units of housing. It will result in the removal of over 1000 units of generally substandard housing, marginal hotels and rooming houses and necessitate the relocation of over 150 businesses. It is anticipated that more than $600,000,000 in private reinvestment (19S0 dollars) will be generated. Major public invest- ment will be through the establishment of a tax Increment Financing District. Additional public support will be directed to Overtown through the Corriunity Development Block Grant Program and other federal and local resources. Park West Fet% of the existing uses in Park West today are functionally tied to surrounding areas, and most will benefit from a location designed for ware- house or industrial use rather than q congested downtown area. The 86 acres of Park Nest have not benefitted from the growth of the CBD to the south, or the Omni area to the north. Between 1975 and 1979 only Lour building permits for new construction were issued. The assessed value for all land and improvements in the 86 acre area was only $23,381,000 in 1980. Private investment anticipated from this public action includes 3,030 residential units in the 86 acres designated at the tax increment district. In addition, 650,000 sq.ft. of office space and 580 rental apartment units are proposed near the Overtown transit station. This transit impact area is within the tax increment district. Tax increment dollars generated within this sub- area of the district, over and above those dollars required to pay for the public investment program in the Transit Impact Area, will be transferred to Overtown for redevelopment purposes. In addition, tax increment dollars generated from the proposed redevelopment of the Freedom Tower Block will be transferred to Overtown for redevelop- ment purposes. The peak bonding debt from these two subareas alone approximates $22,650,000, assuming an average interest rate of 12o amortized over a 20 year period. 8Ow IIIJl 1111 ... ,.,.....o„i. � u�xrpimscwFWl4WiGMnI II ulf 6ii � i ,. . • � s Tax increment financing is an appropriate method of financing the redevelopment of Park West. The assessed value increment of Park West at completion of the redevelopment program will be roughly $382,000,000. Therefore, the tax increment at completion of redevelopment will be $7,400,000 per year. This could support bond issues valued at $56,000,000 amortized over twenty years with an average interest rate of 120. Depending on the specific public action, including land assembly, public improvements and assistance for middle - income rental housing, the net public investment for redevelopment may approach $34,664,000. Approximately $48,000,000 of tax increment alloca- tion bonds must be issued over a 6 year period to finance this public investment program. Without redevelopment the Park West area will remain as a blighted part of Central Miami. Most blocks have multiple ownerships, there is no incentive to assemble land in the skid row en- vironment which exists west of NE Second Avenue. The blocks fronting on Biscayne Boulevard could develop without public assistance, however, they would benefit from elimination of the slum and blight on adjacent blocks. The recommended Redevelopment Plan for Park West includes public acquisition, relocation and de- molition in a ten -block action area west of NE Second Avenue, public improvements, construction of parking, a budget for administration, and a "front-end" construction subsidy for 610 rental housing units to bring the rents down to a middle income affordable range. Completion of the redevelopment of Park West will take eight to ten years. Public management is necessary in design controls, public improvements, and project management. Two Redevelopment Projects have been delineated for the southeast Overtown area within the Overtown Redevelopment Plan and incorporated within this document. 82 i 55 Tax increment financing is an appropriate method of financing the redevelopment of Park West. The assessed value increment of Park West at completion of the redevelopment program will be roughly $382,000,000. Therefore, the tax increment at completion of redevelopment will be $7,400,000 per year. This could support bond issues valued at $56,000,000 amortized over twenty years with an average interest rate of 12%. Depending on the specific public action, including land assembly, public improvements and assistance for middle - income rental housing, the net public investment for redevelopment may approach $34,664,000. Approximately $48,000,000 of tax increment alloca- tion bonds must be issued over a 6 year period to finance this public investment program. Without redevelopment the Park West area will remain as a blighted part of Central :Miami. Most blocks have multiple ownerships, there is no incentive to assemble land in the skid row en- vironment which exists west of NE Second Avenue. The blocks fronting on Biscayne Boulevard could develop without public assistance, however, they would benefit from elimination of the slum and blight on adjacent blocks. The recommended Redevelopment Plan for Park Nest includes public acquisition, relocation and de- molition in a ten -block action area west of NE Second Avenue, public improvements, construction of parking, a budget for administration, and a "front-end" construction subsidy for 610 rental housing units to bring the rents down to a middle income affordable range. Completion of the redevelopment of Park West will take eight to ten years. Public management is necessary in design controls, public improvements, and project management. Two Redevelopment Projects have been delineated for the southeast Overtown area within the Ove rtown Redevelopment Plan and incorporated within this document. 82-755 Overtowm Transit Station Area - Redevelopment Pr,2 This program entails the acquisition and clear- ance of the four blocks west of the Overtown Trans- it Station. The area is bounded by MV 6th Street, NIV 8th Street, NW 1st Avenue, and NW 3rd Avenue. the project entails the acquisition of approxi- mately 10 acres of land occupied by 453 housing and 14 businesses. Reuse of the property is proposed for 300 new housing units, 225,000sq. ft. of office space, 60,000 sq.ft, of retail and a 150 room hotel. Estimated land acquisition and reloca- tion costs are approximately $7,000,000. An important element of this project will be the establishment of a mechanism that will allow exist- ing property owners to participate in the redevel- opment program. Application for assistance in funding this pro- ject have already been submitted to U.S. Depart- ment of Transportation for Urban `lass Transit Joint Development Funds for land acquisition and to the U.S. Department of Housing and Urban Development for an Urban Development Action Grant for the construction of a 262 unit moderate income condominium for the area. Tax increment dollars generated from this re- development program will also be transferred north for the redevelopment of the Overtown community. Given the tax increment available for debt service, an additional $5,400,000 of bonds may be issued. Overto%,.n Rehabilitation Demonstration Area This project has been delineated for the area of Overtown bounded by NCI 8th Street, NW llth St. I-95.and the FEC RR right-of-way. The major aspect of this program is the "recycling" of the areas's existing housing resources. There are currently approximately 110Cresidential units in need of rehabilitation assistance (vacant struc- tures and those slated for acquisition as part of the metrorail system have been excluded.). Through an intensified low interest moderate and substantial rehabilitation program it is anti- cipated that approximately 830 standard units can be developed. This reduction is the result of enlarging subminal size units and creation of more one and two bedroom units. Due to the dras- tic cut -back in direct federal assistance for re- habilitation it is proposed that resources includ- •ing those generated from the tax increment in con- junction with CommunitylDevelopment Block Grant Fund be utilized. Rehabilitation of substandard multi -family structures within the area have al- ready been initiated through the Comnun1_ty ��JrJr opment Block Grant Program. Significant opportt•.niti-es lie within this area for new infill residential development; approxi- mately 24 acres of land are totally vacant, occu- nied by vacant structures, or substandard wood frame structures which are infeasible to rehabilitate economically. This area could support approxi- mately 260 new residential units developed at a medium density (12 to 18 units per acre) . Recom- mended development will be for quadruplexes, townhouses, and duplexes, and homeownership will be fostered by the establishment of a second mortgage housing program. Higher intensity resi- dential redevelopment is proposed for the 2 blocks — north of the Overtown Transit Station which could support over 200 housing units. A portion of this property has been recently acquired by the City. Public land acquisition will be undertaken only when the owner does not wish to upgrade this property or redevelop it consistent with the plan. The proposed rehabilitation of commercial struc- tures and the limited new infill commercial devel- opment proposed will augment the residential re- vitalization of the community. Minimal displacement of area residents is anticipated by this re- vitalization strategy since there already exists a 15% vacancy rate (July 1981) within the area and the anticipated reduction in actual number of apartment units through rehabilitation efforts will be offset by the construction of new housing units on an infill basis and the development of the block north of the Overtown Transit Station which can support an additional 200 units. Overall the area could have a small net gain of units excluding property acquired for Transit ROW. The total value of bond proceeds required to finance planned public investments throughout the Park Hest/Overtown Tax Increment District may approach $85.7 million, an aggregate value just shy of the District's "peak debt" given the proposed develop- ment schedules. Subtracting out projected administrative expenses from the Dark West cash flow analysis (because it is a district -wide expense) financed totally out of revenues generated by the Park West subarea, the total value of planned net -public investment within the Overtown subarea is expected to equal the total value of planned net public investment within the Park West subarea between 1983-1993 (approxi- mately $32f million). In addition Overtown will be the recipient of $6.9 million in UMTA funds plus a local match of $1.25 million and possibly future Community Development Block Grant Funds for housing development. 82-755 r Each dollar of net public expenditure within the Park west subarea is expected to generate $11.82 of private investment within the same area. The public expenditure/private expenditure leveraging ratio within Overtown is anticipated to approach 1. It is precisely because of this one for one ratio that it is not feasible for Overtown to support a tax increment financing program of its own. Consequently, implementation of t;le Overtown Redevelopment Program requires financial support from the balance of the Tax Increment District where the private dollars to puulic dollar leveraging ratio is anticipated to be much higher. These same areas represent locations where the tax increment bonding capacity will exceed that bonding level necessary to provide the public investments required to bring forth private development. RECOMMENDATION PLANNING DEPARTMENT APPROVAL 82-'755 r, -lit r r-r A J: J- L 1-11-1 1 Rp I rrT -LLLLLii-i ra L 44' wl BICEPITEN141AL -MT1 I! z 71 IL I LI I I PT -rrT nu WN Alt 14 1 4 1 141 I L] LLL j - L71 LLIL11 m u-L I iAiLl Aa LLLLLLi-Li L.LL M r r LIU Ai I.Lil L I TT-r-rr =-r- Z" rTT LLLL1 rH FILI i E, L -i� rnTrn i- rr� FL, -TLu-LL -A-L1 1`1 A-! Lj it 3� lit I litA. #T� PEOPLE MOvER AND STATION PROJECT BOUNDARY MAP RAMO TRANSIT 2;j COMMUNITY REDEVELOPMENT AREA RAPID IRAUSIT AUGNMENT TRANSIT, STATION 0 2000 CA CA 2 i AMENDMENTS TO THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT PLAN (JUNE, 1982) At a meeting of the Ad Hoc Committee on the Southeast Overtown/ Park West Community Redevelopment Plan held on July 21, 1982, the committee voted unanimously to approve the following amend- ments to the Southeast Overtown/Park West Community Redevelopment Plan dated June 1982. 1) Total redevelopment of the area bounded by NW 8th Street and NW llth Street, I-95 and NW 1st Avenue (note attached redevelop- ment program). 2) Limited rehabilitation within the beforementioned area. 3) The development of 208 units of low income replacement housing for those displaced by redevelopment activities undertaken - between NW 8th and llth Streets. These units will be developed within other portions of the Overtown CD Target Area. 4) The plan would provide for interim parking and open space to support the renovated "Double E" Building located at NW 3rd Avenue and NW 2nd Street. 5) An urban design plan will be prepared for the two blocks in Park West, east of the transit station and the Southeast Overtown area. The design plan will deal with building placement, site amenities, pedestrian movement, placement and access to histori- cal structures, etc. b) The preservation program prepared by the Black Archives History and Research Foundation of South Florida will be incorporated in the Southeast Overtown/Park West Community Redevelopment Plan as an addendum.` 7) The City will aggressively seek grants, ie., EDA, UDAG and other financial assistance to carry out the redevelopment plan. 8) The area north of NW llth Street will be targeted for Federal assisted housing rehabilitation efforts and rehabilitation assistance to be provided in the future with Community Develop- ment funds. 9) As a matter of policy, tax increment bonding capacity generated in the Park West area north of NW llth Street and south of NW 7th Street will be earmarked to provide assistance to the area in Overtown north of NW llth Street. 10) An Afro -Caribbean a magnet for the locate a project sports arena and and historical theme should be developed as area and the City and/or County should seek to of catalytic stature similar to the Downtown performing arts facility in Overtown. 82_755 AMENDMENTS TO THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT PLAN (JUNE, 1982) At a meeting of the Ad Hoc Committee on the Southeast Overtown/ Park West Community Redevelopment Plan held on July 21, 1982, the committee voted unanimously to approve the following amend- ments to the Southeast Overtown/Park West Community Redevelopment Plan dated June 1982. 1) Total redevelopment of the area bounded by NW 8th Street and NW llth Street, I-95 and NW lst Avenue (note attached redevelop- ment program). 2) Limited rehabilitation within the beforementioned area. 3) The development of 208 units of low income replacement housing for those displaced by redevelopment activities undertaken - between NW 8th and llth Streets. These units will be developed within other portions of the Overtown CD Target Area. 4) The plan would provide for interim parking and open space to support the renovated "Double E" Building located at NW 3rd Avenue and NW 2nd Street. 5) An urban design plan will be prepared for the two blocks in _ Park West, east of the transit station and the Southeast Overtown area. The design plan will deal with building placement, site amenities, pedestrian movement, placement and access to histori- cal structures, etc. 6) The preservation program prepared by the Black Archives History and Research Foundation of South Florida will be incorporated in the Southeast Overtown/Park West Community Redevelopment Plan as an addendum.' 7) The City will aggressively seek grants, ie., EDA, UDAG and other financial assistance to carry out the redevelopment plan. 8) The area north of NW llth Street will be targeted for Federal assisted housing rehabilitation efforts and rehabilitation assistance to be provided in the future with Community Develop- ment funds. 9) As a matter of policy, tax increment bonding capacity generated in the Park West area north of NW llth Street and south of NW 7th Street will be earmarked to provide assistance to the area in Overtown north of NW llth Street. 10) An Afro -Caribbean and historical theme should be developed as a magnet for the area and the City and/or County should seek to locate a project of catalytic stature similar to the Downtown sports arena and performing arts facility in Overtown. 82--755 - IIIII II LO 1 s Alternative Development Concepts for the Overtown Rehabilitation Demonstration Area 7/21/82 Proposed Modifications Endorsed June 1982 Plan by the Ad Hoc Committee Residential Rehab. substantial 200 $ 5,000,000 moderate 633 6,330,000 90 total 833 11,170,000 90 Land Acquisition structures units rooming houses vacant parcels (include structure) residential commercial Commercial Rehabilitation Redevelopment Infrastructure Improvements Last Resort Housin TOTAL 67 48 244 3,440,000 347 4 5 60 39 268 @ $ 5,000 1,340,000 169 @ $ 5,000 208 @ 500 8 @ 8,000 17 @ 20,000 340,000 6 @ 20,000 470 @ 30,000 14,100,000 400 @ 30,000 2,000,000 $32,438,000 208 @ 50,000 $ 900,000 900,000 6,000,000 $ 845,000 113,500 64,000 120,000 12,000,000 2,000,000 10,400,000 $32,442,500