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DISTRICT LOFTS
INTRODUCTION
The proposed mixed use development is located on the southeast corner of the NE 28`"
Street and Biscayne Boulevard intersection in Miami, Florida (the "Property"). The Property.
is legally described as Lots 38 through 42 of Bankers Park, according to the Plat thereof, as
recorded in Plat Book 2, Page 53, of the Public Records, of Miami -Dade County, Florida.
Lots 38 through 41 are designated Restricted Commercial (the "Com mercial Lots") in the City
of Miami Future Land Use Map of the City of Miami Comprehensive Neighborhood Plan (the
"Plan"). Lot 42 is designated High Density Multi -Family Residential in the Plan (the
"Residential Lot"). The Commercial Lots are zoned C-1 in the City of Miami Zoning Atlas
and the City' s Zoning Ordinance No. 11000 (the "Ordinance"). The Residential Lot is zoned
R-4. All lots have an SD-20 Edgewater Overlay District designation.
The proposed mixed use development consists of 89 residential units, 8,838 square feet
of office space, 2,939 square feet of retail space and 150 parking spaces all contained within
one structure (the "Development").
The Property contains a net area of approximately 28, 218 square feet (.647 acres) and
a gross area of 42,065 square feet (.966 acres).
The Applicant is requesting the use of Affordable Housing Trust Fund bonuses to allow
a 25% increase in floor area pursuant to Section 914 of the Ordinance. Approval of this
request requires a Major Use Special Permit (the "MUSP"); see Section 1701(8) of the
Ordinance.
The Development incorporates innovative urban design features including the inclusion
of retail uses at ground level all along Biscayne Boulevard wrapping around to NE 28 Street;
no curb cuts on Biscayne Boulevard, thus creating a pedestrian friendly environment. All
loading bays are internal to the building and are accessed through the existing public alley on
the south side of the Property; all garage elevations are either lined with habitable space or
concealed by architectural articulation compatible with the rest of the building.
The Development is also buffered from the R-4 residential district to the east of the
Property by providing set backs and landscaping in excess of the Ordinance's requirements.
The residential tower is shifted towards Biscayne Boulevard away from the residential district.
The main roof of the building is at a height of 120 feet which is comparable to the
height of the residential district to the east.
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The Plaza level contains such amenities as a swimming pool, pool deck, health club,
and recreation room all heavily landscaped.
The Development is less intense than other recently approved developments in the area.
Once completed this Development will be a significant asset to this area in the City of Miami.