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City of
a
Legislation
Resolution
File Mint er, 08-01€115d
3500 Pan Am e0oan
Dive
Miami, FL 33133
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Final notion °ate:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH A ± TACHMEN 3 (S),
APPROVING A DEVELOPMENT AGREEMENT, PURSUANT TO CHAPTER 163,
FLORIDA STATUTES, BETWEEN MIAMI WORLDCENTER GROUP, LLC, AND
AFFILIATED PARTIES, AND THE CITY OF MIAMI, RELATING TO THE
PROPOSED DEVELOPMENT OF A PROJECT KNOWN AS "THE MIAMI
WORLDCENTER" ON APPROXIMATELY ± 25 ACRES, ZONED SD-16.3, ''MIAMI
WORLDCENTER SPECIAL DISTRICT," LOCATED BETWEEN NORTHEAST 6 T H
STREET AND NORTHEAST 11TH STREET AND BETWEEN NORTH MIAMI
AVENUE AND NORTHEAST 2ND AVENUE, MIAMI, FLORIDA, FOR THE
PURPOSE OF REDEVELOPMENT OF SUCH LAND FOR MIXED USES;
APPLICABLE ONLY TO PROPERTY OWNED BY MIAMI WORLDCENTER
GROUP, LLC, AND AFFILIATED PARTIES; AUTHORIZING THE FOLLOWING
USES: RESIDENTIAL, OFFICE, HOTEL, RETAIL, CONVENTION SPACE,
ACADEMIC SPACE AND ANY OTHER USES PERMITTED BY THE SD-16.3
ZONING DISTRICT REGULATIONS; AUTHORIZING A DENSITY OF
APPROXIMATELY 300 UNITS PER ACRE; AUTHORIZING AN INTENSITY
MEASURED BY A BASE FLOOR AREA RATIO OF APPROXIMATELY 4.32, PLUS
ANY APPLICABLE BONUSES PROVIDED IN THE SD-16.3 ZONING DISTRICT
REGULATIONS; AUTHORIZING UNLIMITED HEIGHT AS PERMITTED BY THE
SD-16.3 ZONING DISTRICT REGULATIONS; AUTHORIZING THE CITY
MANAGER TO EXECUTE THE DEVELOPMENT AGREEMENT, IN
SUBSTANTIALLY THE ATTACHED FORM, FOR SAID PURPOSE.
WHEREAS, Miami Worldcenter Group, LLC, and affiliated parties (collectively "IMIWC") are the
owners of certain real property in the City of Miami ("City") consisting of approximately ±25 acres,
zoned SD-16.3 and located between Northeast 6th Street and Northeast llth Street and between
North Miami Avenue and Northeast 2nd Avenue in the City of Miami, Florida; and
WHEREAS, MWC has requested approval of a Development Ag eernent ("Agreement"), pursuant
to Chapter 163 of the Florida Statutes to provide that Miami Worldcenter Group, LLC may develop its
approximately ±25 acres of land, according to the SD-16.3 district regulations in effect as of the
effective date of the Agreement during the term of the Agreement; and
WHEREAS, the City Commission has reviewed the proposed Development Agreement and has
considered the testimony of ail interested parties at the public nearing, the intended use of the land as
described in the Development Agreement and has considered the health, safety and welfare of the
citizens of the City;
NOW: THEREFORE, BE IT RESOLVED, BY THE COMMISSION OF THE CITY OF MIAMI
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this ,Resoiuton are adopted by
Cityfaf;Viand
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reference and it coroorated as if fully set foh it this Sectio
Section 2_ The Agreement, pursuant to Chapter 163 4f the Ho, d Statutes. beTween MW'C and
the City; relating to the development of the application; of approximately ±25 acres, zoned SD-16.3
located in the City of Miami, Honda. for the purpose of sedevelopmen.t of such land for a mix of
permitted uses, is approved.
Section 3. The Agreement is applicable only to property owned by MC, and affiliated parties with
the following uses being authorized: residential, office, hotel, retail; convention space, academic, space
and any other uses permitted by the SD-1 6.3 Zoning District regulations.
Section 4. A density of approximately 300 units per acre, an ¢ _tensity measured by a base floor
area ratio of approximately 4.32, plus any applicable bonuses provided in the SD-16.3 Zoning District
regulations, and unlimited height as permitted by the SD-16.3 Zoning District Regulations, is
authorized.
Section 6. The City Manager is authorized{1 } to execute the Agreement, in substantially the
attached form, for said purpose.
Section 6. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
APPROVED AS TO FORM AND CORRECTNES
JULIE O. BRU
CITY ATTORNEY
Footnotes :
{? } The herein authorization is further subject to compliance with all requirements that may be
imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter
and Code provisions.
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of
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