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HomeMy WebLinkAbout11-00959 10-24-2011 Overtown Neighborhood Redevelopment PlanOctober 15, 2006 Overtown Neighborhood Redevelopment Plan City of Miami, Miami -Dade County, Florida Commissioned by: Local Initiatives Support Corporation 150 SE 2nd Avenue Miami, Florida Conducted by: CMA Enterprise Incorporated 207 Laurel Oak Lane Davie, Florida 33325 Office: (954) 476-3525 Project Team: Dr. Mohamed G. Alkadry; Ms. Gail Birks, Project Manager Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk illittle=151~7n !f — %team nun TABLE OF CONTENTS Executive Summary 1 Introduction 3 Background and Boundaries 5 Geography Explanations 5 Existing Land Use 5 Current Situation 5 Population Facts 5 Population Trend 6 Race and Ethnic Composition of Population 6 Households and Household Income Facts 7 Households by Household Income 7 Educational Attainment and Marital Status 13 Households by Number of Vehicles 13 Overtown Families 14 Employment Information 14 Population Age 16 and Over by Employment 14 Housing Stock, Values, and Distribution 14 Tenure of Occupied Housing Units 15 All Owner -Occupied Housing Units by Value 16 Rented Housing Units: Rents 18 Effective Buying Income 19 Consumer Buying Power 20 Retail Market Power 23 Retail Market Power Opportunity Gap Report By Merchandise Line Items 24 Retail Market Power Opportunity Gap Report By Retail Store Types 27 Retail Market Power Demand Growth Report By Retail Store Types 34 Current Situation Conclusions .,..... 38 Community Vision & Stakeholder Consultations 41 Stakeholder Consultations in September 2006 41 Previous Studies, Charrettes, and Community Visioning Sessions 42 INITIAL MARKET ANALYSIS FOR A MIXED -USE SMART GROWTH DEMONSTRATION PROJECT 42 Master Plan for Historic Overtown Folklife Village, Miami, Florida 43 Overtown: A Look Back, Connections to the Future, Prepared by Urban Design Associates 44 Overtown - City of Miami, REDEVELOPMENT AREA DESIGN CHARRETTE REPORT 44 SEOPW CRA Economic Programming Study by ZHA 2003 44 Proposed Projects 46 .0 c ; Third Avenue Commons (BAME Projects) 46 6 '3 Mt. Zion Historic Village Complex 48 a Lofty Ideas (Block 25) 49 .0 s .. N Black Archives — Historical Overtown Folklife Village 50 2 = o t"" Lyric Theater 51 u o Lyric Promenade 5152 .° of Crosswinds '� 'O - L New Providence Lodge #365 55 4 ° Overtown Ninth Street Pedestrian Mall Error! Bookmark not defined, Ward Rooming House 55 Conclusion and Recommendations 58 2 - •1,7/1Cur'1r q. at ss�rl rY Appendix I. Housing and demographic Data, Charts and Maps 63 Population Facts 63 Population Trend 63 2005 Estimated Total Population by Age 63 Race and Ethnic Composition of Population 69 Households and Household Income Facts 70 Household Trend 70 Household Income Comparisons 71 Households by Household Income 71 Households by Household Size 77 Households by Type and Presence of Own Children 81 Household Composition 82 Educational Attainment and Marital Status 82 Population Age 15 and Over by Marital Status ,. 83 Population Age 25 and Over by Educational Attainment 83 Households by Number of Vehicles 85 Workers Age 16 and Overby Transportation To Work 85 Workers Age 16 and Over by Travel Time to Work 86 Overtown Families 87 Family Households 87 Families by Poverty Status 88 Employment Information 89 Population Age 16 and Over by Employment 90 Civilian Employed Population Age 16 and Over by Class of Worker 90 Employed Population Age 16 and Over by Occupation 91 Civilian Employed Population Age 16 and Over by Occupation Classification 92 Housing Stock, Values, and Distribution 93 Tenure of Occupied Housing Units 93 All Owner -Occupied Housing Units by Value 96 Housing Units by Units in Structure 97 Housing Units by Year Structure Built 98 Renter Occupied Housing: Renters 100 Rented Housing Characteristics 105 Rented Housing Units: Rents 110 Pop Facts: Household Trend 112 Household Trend 112 2005 Estimated Household Income by Age of Householder , 113 Household Income by Age,,.. 113 Effective Buying Income 114 2005 Effective Buying Income 115 2010 Effective Buying Income Projections 116 Appendix II: Consumer Buying Power 118 Overtown Consumer Buying Power Summary Report 118 Consumer Buying Power Summary Report for the area within 5-minutes from Folklife Village 123 Consumer Buying Power Yellow Page Heading, Report 126 Overtown Consumer Buying Power Yellow Page Headings Report 126 Five -Minute Radius Consumer Buyi t Power Yellow Page Headings Report 130 Consumer Buying Power Retail Store Type 131 Business Facts: Businesses by Major Sectors ,. 138 Submitted into the public 3 record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk Overtown Business Facts: Businesses by Major Sectors 138 Five -Minute Drive: Business Facts — Businesses by Major Sectors 140 Business Facts: Businesses by 2-digit SIC Code 141 Overtown Businesses by 2-Digit SIC Code,.. 141 Five Minute Radius Business Facts: Businesses by 2-digit SIC Code 144 Overtown 146 Consumer Buying Power Retail Store Type 146 Business Facts: Businesses by Major Sectors 149 Business Facts: Businesses by 2-digit SIC Code 151 Overtown 157 Overtown Business Facts: Businesses by 2-digit SC Code 157 5-Min Drive 160 Business Facts: Businesses by 2-digit SIC Code 160 Appendix III. Retail Market Opportunities 163 Retail Market Power Opportunity Gap Report By Merchandise Line Items 163 Retail Market Power Demand Growth Report By Merchandise Line Items 165 Retail Market Power Opportunity Gap Report By Retail Store Types 168 Retail Market Power Demand Growth Report By Retail Store Types 173 Overtown 177 Retail Market Power Opportunity Gap Report By Merchandise Line Items 178 Retail Market Power Demand Growth Report By Merchandise Line Items 179 Retail Market Power Opportunity Gan Report By Retail Store Types 181 Retail Market Power Demand Growth Report By Retail Store Types 184 Folklife Village 5-Minute 188 Retail Market Power Opportunity Gap Report By Merchandise Line Items 189 Retail Market Power Demand Growth Report By Merchandise Line Items 189 Retail Market Power Opportunity Gap Report By Retail Store Types 190 Retail Market Power Demand Growth Report By Retail Store Types 191 Appendix IV. Design Guidelines 194 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk Executive Summary Current Situation The average household income in Overtown is $19,298 compared to $39,439 in the 5-minute radius, and $44,321 in the City of Miami. The median income of households in Overtown is $12,468 compared to $23,107 in the 5- minute radius, and $26,269 in the City of Miami. The per capita income of Overtown residents is less than half of that of the residents in the 5-minute radius and the City of Miami. Income statistics for the area reflect a very grim picture where 60% of Overtown households make less than $15,000. This compares to 36% of households in the 5-minute radius and 32% of households in the City of Miami who eam less than $15,000. 80% of Overtown households make less than $25,000. This compares to 53% of households in the 5-minute radius and 48% of households in the City of Miami who earn less than $25,000. Almost 60% if Overtown residents have less than a high school diploma compared to about 50% of people in the 5-minute radius and 47% of residents in the City of Miami. Only 4% of Overtown residents have some kind of college degree, compared to 19% of residents of the 5-minute radius, and 21 % of residents in the City of Miami who hold a college degree. Of the 1,200 residents who are in the labor market in Overtown, 31 % are unemployed compared to 13% and 12% in the 5-minute radius and the City of Miami respectively. Of the 833 residents of Overtown who are employed and less than 2% work in management, business and financial operations. In the 5-minute radius, 11 % of workers worked in this field and in the City of Miami,13% did. The percentage of individuals employed in service occupations in Overtown is almost double that of the 2 benchmark areas. Currently in Overtown, 61 % of residents pay less than $400 per month for rent. Much of the existing housing stock is aging (90% of the 1,257 existing rental units are more than 25 years old, and 70% are more than 35 years old) and/or is subject to removal to allow for new development. Home ownership in Overtown is lagging behind the two benchmark areas. The percentage of home owners in Overtown is 10%, while it is 27% in the 5-minute drive and 35% in the City of Miami. The median household income in the Miami -Dade County is $37,148. Affordable housing determination can go up to 120% of the median household income in the County — or $44,578. At least 90% of residents of Overtown would not qualify for even 100% of the median income. Effective buying Income helps us determine consumer power and affordability of goods, services and housing. More than 62% of Overtown households have an effective buying income of less than $15,000, compared to 39% and 34% of the 5-minute drive area and the City of Miami respectively. Community Vision Community vision used in this study is based on the consultations with citizens as articulated in previous studies and meetings with key community leaders and land owners in the Overtown community. Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk There are two recurrent theme in community consultations: the need to involve current residents of Overtown in any housing or economic opportunities that come to Overtown, and the need to revive the cultural and historic significance of Overtown as embodied in the development of the Historic Overtown Folklife Village. Project Assessments Given the analysis of different projects that are proposed for the Overtown area, the Consultants recommend a 2- tier process for getting projects off the ground. It is important to reiterate that it appears that the biggest challenge to development in the short term is land assembly and financing. There is also a need for an organized effort to move development in Historic Overtown Folklife Village forward in a systemic and sustained manner including recruitment of investors and acquisition of land. CRA and City of Miami leadership could trigger such sustained development by helping create a community expeditor/ombudsperson to mentor and assist stakeholders and developers with permitting, land acquisition and attracting investment. This Ombudsperson could also serve as a watchdog for an implementation plan. Immediate Priority: These projects need to be placed on a fast track to trigger economic development in the immediate future. These projects are ready to go and would revitalize the area to encourage private investment and economic development. 1. New Providence Lodge #365: This rehabilitation project will be beneficial especially if first floor is leased to an organization that would provide housing and economic development assistance to Overtown residents. 2. Ward Rooming House: This project needs CRA leadership to find tenants who would be beneficial to the development in Historic Overtown Folklife Village, 3. Crosswinds: This development could be the essential anchor for redeveloping Overtown. 4. Lyric Promenade: This devekpment is at a stage where it could need little assistance in terms of attracting business and hotel operators. No apparent need for additional funding except in providing subsidies for low-income housing. Project should be expedited by CRA staff. 5. Immediate establishment of a development consortium that would attract retail and restaurant developers using current and projected market data. This could be linked to a Business Improvement District program that builds upon the existing Main Street program in coordination with the Historic Overtown Folklife District Property Owners Association. 6. Establishing Design Guidelines for Historic Overtown Folklife Village: Currently, most stakeholders agree to design guidelines as suggested by Black Archives' Village Master Plan with a disagreement on density. There might be a middle ground to reach some consensus on density guidelines. Such guidelines are important to preserve and protect the idea of a Folklife Village. See Appendix IV. Short Term Priority (0-36 months) 1. Third Avenue Commons: This project could be one of the initial development projects in Folklife Village. BAME might need some assistance in expediting the development of a master plan and market analysis and marketing plans for this project. 2. Mt. Zion Project: This project could be another one of the expedited projects to lay the foundation of the Folklife Village District. 3. Jazz Village: This project also needs to move forward with project analysis and recommendation to the CRA Board. General Recommendation 2 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk As we look ahead to the development of first phase of Crosswinds (catalytic project), it is important for local officials to recognize the opportunity that this development will generate in terms of tax revenue and the redevelopment of Overtown. This could be a missed opportunity whereby the ccmmunity will miss the bus and Crosswinds will become burdened by extreme poverty and economic blight. It is even more important to reinvest this revenue in the short term in Overtown to stimulate more development that would be driven by local community developers and that more directly addresses employment and housin; reeds of Overtown residents. The tax increment financing monies may be dedicated over the next 7 yearf to finance a comprehensive community redevelopment effort in Overtown, and spec ` ally in Historic Overtown Folklife Village. In the long r '1, this investment would generate more tax revenues, but also would help sustain property values and quality of life in the Overtown district. By reinvesting TIF monies, everyone wins — the commer ty achieves its vision of a historic folklife village, housing and economic development needs are et, private developers in Uvertown develop in a revitalized neighborhood, and government gets increased tax rever.,. Housing Recommendations: 1. Currently in Overtown, 61% of residents pay le : than $400 per month for rent. Much of the existing housing stock is aging (90% of the 1,257 existing rental units are more than 25 years old, and 70% are more than 35 years old) and/or is subject to removal to allow for new development. Although the proposed projects provide thousands of additional housing units in Overtown, it is likely that many of these projects will not address the housing neeue of the current residents of Overtown — currently estimated by the Collins Center for Public Policy at 1,152 units. The proposed projects' invited amount of affordable housing addresses the needs of households that eam between 80 and 100% of the median household income in the County. More than half of the current households in Overtown earn less than 35% of the median household income in Miami -Dade County. At least 90% of residents of Overtown would not qualry for even 100% of the median income. It is not reasonable to e\ act private for -profit developers to meet all thr affordable and low-income housing need, although some have addressed part of this need as part or site control deals. Therefore, there needs to be some intervention on the part of public agencies and community organizations to tend to this unmet and serious affordable housing need. 2. Based on project analysis, the County could set aside $44 million of the TIF reieeue generated from new development in Overtown to address the housing needs of Overtown residents. There is a need for 1,000 housing units that are needed after Crosswinds s completed (1,152 units estimated by Collins Center and corroborated by Census data presented in earlier parts of this report minus Crosswinds affordable units). Almost 70% of needed units are 1 bedroom apartments, 22% are 2-bedroom units and 10% are 3-bedroom units. As earlier reports have shown, current and future development it Overtown promise to meet all of this need. However, these projects neec to be subsidized in order to provide the low income and affordable housing that is needed. It is very important that these subs dies be conditional on addressing the needs of the very low income (<50% of AMI) households — a category that captures the vast majority of Overtown residents. 3. Given the comparably very low home ownership rate in Overto\°:., The City could designate an Overtown Homeownership Zone to deliver subsidies and housing supports for Overtown residents. The City could financially support community efforts to improve home ownership within the Overtown community through aggressive home ownership programming. Such programs requ both financial resources and community involvement. With a $15 million investment such program, home ownership programs could provide subsidies o help in excess of 200 families (assuming a $250,000 sale price). This would 3 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk make a substantial contribution to changing the home ownership situation in Overtown. Such subsidies should be limited to Overtown residents. Connect with potential partners: MDCPS, Miami Dade TransitlMDX, MDC, Miami Airport to strengthen employer assisted housing programs (layer existing City of Miami program with additional CRA i icentives). Economic Development Recommendations: Some 60% of Overtown households make less than $15,000. Almost 60% of Overtown residents have less than a high school diploma and only 4% have college education. Of the 1,200 residents who are in the labor market in Overtown, 31% are unemployed. There is no doubt that proposed development will bring with some great economic opportunities embodieJ in a dramatic increase in aggregate consumer spending (primarily through injection of middle class households into the area), and an increase in the number of job opportunities that arc available locally. However, th ie is no assurance that these newly created job opportunities and the ncrease aggregate consumer spending would benefit the existing Overtown community. Job market growth has bypassed the Overtown community and new opportunities could well do the same if the community is not prepared for them. There are several recommendations that could help the local community achieve take advantage of i lose new economic opportunity: 1. There has to be a mechanism for current residents of Overtown to take advantage of new employment opportunities generated by proposed development. However, there has be some investment in the development of skills of these residents to meet the n ees of incoming opportunities. Developers could work together to advise community organizations of the employment needs of inccming businesses and these community organizations could work to prepare individuals for these joes through proactive education and job training. An investment of $2 million is suggested to call for a workforce intermediary to connect existing Overtown residents with an array of job readiness, workforce training opportunities that link residents to job centers. 2. Historic Overtown Folklife Village District might be t: e mecha' sm for the c: r ent Overtown community to take economic advantage of the development going on around this Village. The increased spending power could be an asset for the community only if community businesses are ab:: to cater to the eew residents of Overtown. Shops, entertainment outlets, anr:' restaurants Histo c Overtown Folklife Vil ge District could become a prime destination to the thousands of new residents living around the block. Folklife Village would also meet the Overlown community's long standing vision of emphasizing the cultural and historic significance of Overtown and rnaking it a destination of choice for children and grandchildren of ex-Overtown residents, but also for millions of tourists and local residents in Miami. Restaurant and entertainment outlets will be the easiest to attract Initir lly especially with several new office buildings and 2.222 new housing units. Given the ::tail market power analysis provided this report, LISC could work aggressively to attract retail businesses to the area. Some initial investment is required to help provide incentives and additional feasibility data fc lecoming businesses. 3. This plan calls for a 3-year plan to exp.;.: is) planning and development of Folklife Village District parcels in a way that would capitalize on economic opportunity gE ^ eeted by proposed developm_.:, provide some needed subsidized hous' ie, and operate in coordination with all stakeholders in Overtown. During this 3-year period, a Folklife Village District developers consortium will focus on conceptualizing, designing, and funding development in cooperation with the City of Miami for the Folklife Village District properties. An investment of $2 million for the consortium to have dedicated staff that would place 4 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk projects on a fast track that is to say, housing and retail development may take 1-2 years to be initiated and perhaps 3-5 years to be completed. Historic and Design Recommendations: There seems to be a consensus among community stakeholders around the design guidelines as envisioned by the 1997 DPZ Master Plan (see attachment to this report). Also see 1982 City of Miami CRA resolution. Support Black Archives efforts to designate key historic properties in Overtown. See Appendix IV. infrastructure Recommendations: Analysis of infrastructure needs in Overtown need to be established through commissioning a survey of underground utility conditions including water and sewer. 5 Submitted into the public record in connection with item #10on 1010 Priscilla A. Thompson City Clerk Overtown Folklife Village and the 5-Minute Drivetime Area 1 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk Overtown Folklife Village and the 5-Minute Drivetime Area Boundaries 2 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk Introduction This study was commissioned to provide a comprehensive outlook on the future of Overtown, historically one of the most vibrant African American communities in the South and currently a community with extreme poverty and poor economic conditions. Overtown was a vibrant organic community in the 1960s. Urban planning and transportation engineering decisions in the 1960s and 1970s meant that two major highways would intersect in this neighborhood resulting in splitting the community geographically into four communities. The highways were accompanied by acquisition of many private properties for this project. At the same time, many middle income residents were migrating into suburbs that were then open to Slack residents. The community's population dwindled frorn a 40,000 population in 1960 to less than 6,000 in 2005. As a result, the Overtown of 2006 looks nothing like Overtown of the 1960s. Today, Overtown is home to the poorest of the poor in the Miami area. The project of redeveloping started in the 1980s and since then a number of studies identified several steps that would revive this neighborhood's great history and culture. However, most of these studies never materialized for several reasons. Given the history of this community, it is important to allow redevelopment efforts to stem from two forces or two need areas: 1. Current Situation: The needs of the current community: the methodology used to determine the needs of the community is the study of census data, current year estimates, and 2010 projections as produced by a premier data firm (Claritas Corporation). Two benchmark communities are used for this data analysis: the 5-minute drive radius from the center of Folklife Village and the City of Miami. Population, household, family, housing, and market needs are discussed in separate sections and each section identifies community needs based on comparability to the two benchmarks. 2. Community Vision: The community vision as articulated in several past and recent studies — mostly around the creation of Folklife Village and the needs of repopulating the community in a manner consistent with the sustainability of this Village. The community vision is also reiterated in stakeholder consultations conducted in the course of preparation for this report. After establishing community needs through the above two sets of needs, the report examines proposed projects for this neighborhood one project at a time. Each report will be evaluated on a set of standards focusing on the stage of progress, feasibility and the extent to which each project addresses community needs as identified earlier. At the conclusion of this section, the study provides a summary chart for projects' progress toward completion as well as a chart that outlines the amount of housing, retail and office space that is provided by each of the projects. The feedback obtained from the stakeholder interviews facilitators by the consulting fine of CMA Enterprise Incorporate (CMA) indicated a variety of solutions. The planners also invited discussion on what the future vision of the area as seen by the interested parties. The process also included input from the City Community Reinvestment Staff and representatives from the commission office of District 5. Components of this document will be divided into three (3) sections. 1. The Current Situation: The needs of the current community based on... 4- census data, 4- current year estimates, and 4- 2010 projections as produced by a premier data firm (Claritas Corporation). 4- two benchmark communities are used for this data analysis — 5-minute Drive Radius and the City of Miami 4- the 5-minute drive radius from the center of Folklife Village and the City of Miami, Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk 3 4- Population by household, family, housing, and market needs are discussed in separate sections (each section identifies community needs based on comparability to the two benchmarks.) 4- Market power in the current Overtown community, and the 5-minute radius 4 Retail Market Potential in the current Overtown community, and the 5-minute radius 2. The Community Vision: The intended vision as articulated in several past and recent studies 4- Summary of stakeholder consultations conducted in September 2006 4- Studies reviewed focused on the creation of Folklife Village/ Entertainment District and the needs of repopulating the community in a manner consistent with the sustainability of this targeted area. Project Feasibility: The feasibility of the projects provided by the participating stakeholders in comparison to market data analysis in reference to sustainability will also be examined. 4. Consultant Recommendations: Based on the above three sections, there will be a set of recommendations on several key issues. Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk 4 Background and Boundaries Overtown has been called the heart of Historic Black Miami and is considered the traditional center of African -American culture and achievement in South Florida. It is one of Miami's oldest Black communities. From the 1920's through the 1940's, during the Harlem Renaissance, Overtown had a national role in art, culture and music. However, major policy decisions such as the construction of Interstate 95 and 395 as welt as the Metrorail have had the effect of dividing Overtown into fragments and displacing residents. Other factors such as the exodus of the Black Middle class during the 70 are as well as the Liberty City riots in the early 80's have collectively had a negative impact on the area. Poverty, unemployment, crime and gang violence grew during the 1980's and there appears to have been little improvements in the 1990's. The number of persons below the poverty level is over 50%. Overtown has a strategic advantage in acquiring new growth and investment due to its dose proximity to downtown businesses, the Civic Center Medical Complex, Miami Arena and the Performing Arts Center as well as the Port of Miami. There are currently various planning efforts to revitalize the Overtown area, largely focused on the Empowerment Zone neighborhood. In an effort to embrace its heritage and foster economic prosperity, Overtown is in the process of developing the Overtown Historic Folklife Village which will showcase not only African -American history, culture and entertainment but also that of all Black people from the Caribbean and Africa who now call Miami home. Partnerships are also being formed with community -based organizations to help build Overtowns' future. Not unlike many African American neighborhoods in the United States, Overtown was a vibrant organic community in the 1960s. Urban planning and transportation engineering decisions in the 1960s and 1970s meant that two major highways would intersect in this neighborhood resulting in splitting the community geographically into four communities. The highways were accompanied by acquisition of many private properties for this project. At the same time, many middle income residents were migrating into suburbs that were then open to Black residents. The community's population dwindled from a 40,000 population in 1960 to less than 6,000 in 2005. Overtown of 2006 looks nothing like Overtown of the 1960s. Today, Overtown is home to the poorest of the poor in the Miami area. The project of redeveloping started in the 1980s and since then a number of si Jules identified several steps that would revive this neighborhood's great history and culture. However, most of these studies never materialized for several reasons such as lack of funding, site control, collapsed negotiations, etc. Geography Explanations Overtown Study Area: This study area has been historically referred to as Downtown Overtu It is all included in the boundaries of the Southeast Overtown Park West Community Redevelopment Area (SEOPW CRA). The area has s veral blocks art is bordered on the west by 1-95, on the north by 1-395, on the east by NW 5th Street, and on the east by NW 1st Avenue. Existing Land Use There are about 306 parcels in Downtown Overtown. The area has about 34 acres of IE. d —10 of Dui ch are designated as park land or plaza space. Most of the vacant land (20 acres) is located on Sawyer's Wain blocks. Currently, 13 5 acres of land is used for multi -family housing and 10.8 acres are used for parking. AboUT "3.5 acres are used for corn rcial or retail purposes. In May 2003, the property appraiser office assessed the land as $29 per square foot. Current Situation Population Facts In 2005, it is estimated that the Overtown area had 4,172 residents. The 2000 Census counted a population of 3,975 — which is a decrease of 6.23% from the 1990 Census. Current estimates and 2010 projection reflect an increase in population due to current and future development in the area. 5 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk Population Trend Population Overtown Folklife Village 5 Min. Drive City of Miami 2010 Projection 4,379 210,384 406,398 2005 Estimate 4,172 196,766 383,668 2000 Census 3,975 183,526 362,470 1990 Census 4,239 179,305 358,843 Growth 2005-2010 4.96% 6.92% 5.92% Growth 2000-2005 4.96% 7.21 % 5 85% Growth 1990-2000 -6.23% 2.35% 1.01% Of the 4,172 Overtown residents, 30% are below `he age of 16, compared to about 20% of residents in the 5-minute radius of Overtown and in the City of Miami. This figure is reflected in the median age and how it compares to that of benchmark areas. The median age in Overtown is 27. The meal _- age in the 5-minute radius is 38 while that in the City of Miami is 39. Overtown 3.000 1.4° 1.000 X .9 e 9 33 8 b $ $ b 1G iC 5± C, Fd R S 2 1 T 2' 1" Y' -7' 2' Y Y' T? Y �_ 2006 Estimated Total Population by Age* T Q' F T The overwhelming majority, or 80%, of residents in Overtown are Black, compared to 21% of fe&ldents in the 5-minute radius and in the City of Miami. Only 18% of Overtown residents are Hispanic while 70% of population in the 5-minute radius and 68% of the City of Miami residents are of Hispanic origin. Race and Ethnic Composition of Population 2005 Estimated Population by Single Race Classification White Alone Black or African American Alone American Indian and Alaska Native Alone Asian Alone Native Hawaiian and Other Pacific Islander Alone Some Other Race Alone Two or More Races 2005 Estimated Population Hispanic or Latino Hispanic or Latino Not Hispanic or Latino Overtown Folklife Village Miami 5 Min. Drive 4,17 196,7 383, 62 14.96% 130,15 66.15/. 260,71:67.95% 3,32179.60% 40,95 20.81% 78,821.20.54% 0.100/. 531 0.27% 87 ' 023% 2 0.48% 1,28 0.65% 2,31 0.60% 0.02% 10 0.05% 170 0.05% 6 1.58°/. 14,20 7.22% 21, ..: 5.65% 13 3.26°/ 9,52 4.84% 19,09 4.98% 4,17 196,7 383,66: 76 18.22°/ 137,91 70.09%261,48 68.15% 3,41 81.78°/ 58,85129.91 % 122,18131.85% 6 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk Households and Household Income Facts The decline in Overtown population between 1990 and 2000 is consistent with an even greater decline in the number of households during the same time period from 1,541 households in 1990 to 1,385 households in 2000. The demographic data has pointed to a decline in population and decline in the number of households between 1990 and 2000 in a manner that is inconsistent with growth in the 5-minute radius of Overtown and the City of Miami. Household income statistics in the area reveal an even greater discrepancy. The average household income in Overtown is $19,298 compared to $39,439 in the 5-minute radius, and $44,321 in the City of Miami. The median income of households in Overtown is $12,468 compared to $23,107 in the 5-minute radius, and $26,269 in the City of Miami. The per capita income of Overtown residents is less than half of that of the residents in the 5-minute radius and the City of Miami. $50,000 $45,000 $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 Income Comparisons N v N N fV N w w rn a) m .- Average Household Median Household Income Per Capita Income Income ❑Overtown ■5-Min Drive ❑Miami Income statistics for the area reflect a very grim picture where 60% of Overtown households make less than $15,000. This compares to 36% of households in the 5-minute radius and 32% of households in the City of Miami who earn less than $15,000.80% of Overtown households make less than $25,000. This compares to 53% of households in the 5-minute radius and 48% of households in the City of Miami who earn less than $25,000. Households by Household Income 2005 Estimated Households by Household Inco Less than $15,000 $15,000 to $24,999 $25,000 to $34,999 $35,000 to $49,999 $50,000 to $74.999 $75,000 to $99,999 $100,000 to $149,999 $150,000 to $249,999 $250,000 to $499,999 $500,000 or more Overtown Folklrfe ViIlag Miami 5 Min. Drive 1,44 74,11 142,561 60.15% 27,04 36.49% 45,77 2: 19.68% 12,34: 16.66°%•, 23,231 13. 9.15% 9,08 12.26% 17,90 3.74% 8,89 12.00% 18,8 4 3.12°/ 7,50.10.12% 16,30 2 2.01°/ 3,49 4.71% 7,82 1 1.25% 3,31 4.47% 7,08 1 0.90% 1,551 2.09% 3,251 0.00% 62 0.84% 1,371 0.00% 25 0.34% 7 32.11 16.30% 12.56% 13.21% 11.44% 5.49% 4.97% 2.28% 0.96% 0.68% Submitted into the public record in connection with item # 10 on 10-24-1 t Priscilla A. Thompson City Clerk BO ouo 1:Zei iil?'klct i vi+':Ir rt = CMIMPAIL ASTO ° Q ¶ tt VMS Mtn' V` dve rtown Boo 40 ie. 215 1,1 0 MI a 2005 ffstimeted Households by Household &coma 8 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk 9 Per Capita Household Income 215 Oue down Block Groups ▪ Loco to lox ® i i.CCii o 1:too .-a, ❑ 1_Joco o 14.000 1941 ❑ 1400 t+ r.000 141$ el 17,030 r 19A00 .99. ▪ 19020 t. 2iJ600 .193. ▪ 24LO t 11:me , . Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk rrill111111 1111111111111111111Mia 10 Aggregate Income (Million') Ouedown Block Groups • It, 10 .1SC3 0 iot I/ .1321. O lit 23 dal, El Mt • b 33 .100, 331) 53 e5e0 CI 13 353 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk Average Household Income 2OQ5 Ouertown Block Groups O 50:0 t WOO i 19_ I � ▪ 33.000 t ?xAW .171, L ❑ Y3400 t 1.10W .131. ❑ 1uA00 t 3..AO) . 031. 1 D COm0 t A WAD.1.i6. O .31M0 t 7 ..c' 1.3, 7th Ter "WO L 33t.px iditillillILV. looki4 egiraile, ,,, Tun -)T NipIlE 're, NE sags timmili 11 Submitted into the public record in connection with item #10on 10-24-11. Priscilla A. Thompson City Clerk Aim mod sma IIIl? r stfow- RISO 111116 l �MOM NMI Nah vomit 11111111 Households with Income > $50,000 Ouertown Block Groups • of • •50t 110 ❑ Ho t O !mt. MD o pt ■t as 330 t 1.110 .141. IL. .110. lOtilehrgr IN= IVOR& MEI rzia_Limr- 1111 I.r 12 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk There are very few couple families in Overtown (13% of households) compared to the 5-minute drive area (33%) and the City of Miami (36%). Also, the percentage of female householders in Overtown (37%) is double that in the 5-minute area (18%) and that in the City of Miami (19.34%). The percentage of women householders with children is almost three times that of the two benchmark areas. Educational Attainment and Marital Status Almost half of the residents in Overtown were never married, compared to Tess than a third of the population in the 5-mile radius and the City of Miami. Almost 60% if Overtown residents have less than a high school diplr ,ia compared to about 50% of people in the 5-minute radius and 47% of residents in the City of Miami. Only 4% of Overtown residents have some kind of college degree, compared to 19% of residents of the 5-minute radius, and 21 % of residents in the City of Miami who hoi a college degree. 70% - 60% 50% 40% 30% 20% 10% 0% Educational Attainment Comparisons rn High School Diploma High School Diploma/GED College or Universi y Degree 0 Overtown ■ 5-Minute Radius ❑Miami Ownership of a vehicle is a sign of household wealth, but is also a sign of a mobility and access to work. In Overtown, 63% of households do not own a vehicle compared to 31% of households in the 5-minute radius and 27% of households in the City of Miami that do not own a vehicle. The average number of vehicles among Overtown households is 0.47 while households in the 5-minute radius and the City of Miami own an average of 1.04 vehicles and 1,16 vehicles respectively. Households by Number of Vehicles 2005 Estimated Households by Number of Vehicles' No Vehicles 1 Vehide 2 Vehides 3 Vehicles 4 Vehicles 5 or more Vehides 2005 Estimated Average Number of Vehicles' Overtown Folklife Villag= Miami 5 Min. Drive 1,44 ' 74,11 142,561 91 •63.34% 22,79. 30.75% 37,89 26.58% 41128.41 % 32,01. 43.188/0 60,01: 42.10% 9 6.72% 15,15 20.45°/. 33,48123.48% 1 0.90% 3,074.15% 7,91 5.55% 0.55% 66 0.90% 2,221 1.56°/ 1 0.07% 42r 0.57% 1,031 0.72% 0.4 1.I 1.1 13 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk ilAnetG.J pAgooRq._ il/Ymerp.,,. Overtown Families 62% of families in Overtown eam less than the poverty level. Of those, almost two-thirds are wo nen householders with children. By comparison, 27% of families in the 5-minute area and 24% of the City of Miami families are below the poverty level. 600 500 400 300 200 100 0 Overtown Income above poverty level E WeI No • E _ e o o = o 0 15, 2005 Estimated Families La/ Poverty Status" Female Employment Infom cation Of the 1,200 residents who are in the labor market in Overtown, 31 % are unemployed compared to 13% and 12% in the 5- minute radius and the City of Miami respectively. Population Age 16 and Over by Empbyment 2005 Estimated Population Age 16 and Over by Employment" In Armed Forces Civilian — Employed Civilian — Unemployed Not in Labor Force Overtown 2,91 83 36 1,71 0.00% 28.58% 12.59% 58.83% Folklife Village Miami 5 Min. Drive 158,35 310,13 8 0.05% 17 0.06% 66,33 41.89% 137,68 44.39% 10,0 6.35% 18,15 5.85% 81,87 51.70°/ 154,12 49.70% Of the 833 residents of Overtown who are employed and less than 2% work in management, business and financial operations. In the 5-minute radius, 11 % of workers worked in this field and in the City of Miami, 13% did. The percentage of individuals employed in service occupations in Overtown is almost double that of the 2 benchmark areas. Housing Stock, Values, and Distribution Home ownership in Overtown is lagging behind the two benchmark areas. The percentage of home owners in Overtowr 10%, while it is 27% in the 5-minute drive and 35% in the City of Miami. Submitted into the public 14 record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk Tenure of Occupied Housing Units Overtown Folklife ViIlag Miami 5 Min. Drive 2005 Estimated Tenure of Occupied Housing Units 1,44 74,11 142,561 Owner Occupied 1 9.98°/ 20,20 27.26°/ 49,72234.88% Renter Occupied 1,29_ 90.02% 53,90 72.74°/ 92,83 65.12°/q 2005 Owner Occupied Housing - Average Length of Residen BOO 10 Ove rtow n III IIa- 0a�.• ��a� i. Renter occupied units by cash rent: (excludes single fat rnIly units an 1 0 or more Ova rtown fZ Ft an cupic d tenets by Grass Rent as a 1 ere a nt a QQJe of l nco me Submitted into the public record in connection with 15 item # 10 on 10-24-11. Priscilla A. Thompson City Clerk All Owner -Occupied Housing Units by Value 2005 Estimated All Owner -Occupied Housing Units by Value Less than $20,000 $20,000 to $39,999 $40,000 to $59,999 $60,000 to $79,999 $80,000 to $99,999 $100,000 to $149,999 $150.000 to $199,999 $200,000 to $299,999 $300,000 to $399,999 $400,000 to $499,999 $500,000 to $749,999 $750,000 to $999,999 $1,000,000 or more 2005 Estimated Median Owner Occupied Housing Value Overtown Overtown 144 0 0.00% 14 9.72% 12 8.33% 5 3.47% 1611.11% 7350.69% 1812.50% 0 0.00% 0 0,00% 0 0.00% 6 4.17% 0 0.00% 0 0.00% 117,123 Folklife Village 5 Min. drive 20,207 125 0.62% 274 1.36% 496 2.46% 1,062 5.25% 1,301 6.44% 4,48022.17% 3,32916.48% 4,78623.69% 1,956 9.68% 1,018 5.04% 692 3.43% 291 1.44% 395 1.96% 185,520 Miami 49,722 646 1.30% 589 1.18% 902 1.81% 2,004 4.03% 2,540 5.11% 9,06918.24% 8,67517.45% 14,36328.89% 4,550 9.15% 2,222 4.47% 1,964 3.95% 964 1.94% 1,234 2.48% 203,036 t7 m In at m atce as as M ae o o 0 0 0 0 0 0 o to o 0 0 O O O o O O O O O O O o Q O O O OQ 00 Q OO OOQ p 4 Q J N N CO O in 0 0 Cs 0 0 2005 EstiM mated Ali Owiser-6ccud Hlbusii3g Wits b$ Value Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk Most of the housing structures in Overtown were built prior to 1970. More than half of the Units were built earlier than 1965. 16 1,590 1.000 nr- Ovartown •00 24)0S Estimated Housing Units by Year Structure Built 1,23E A 31 Ovartown 1.1 Bi t a:11iin M 0 1 a Renter Occupied Units by Race A `0 Householder Submitted into the public record in connection with item # 10 on 10-24-11. 17 Priscilla A. Thompson City Clerk C") rtcry n Renter Occuplea unaa by Nun,pvr at Roamc Rented Housing Units: Rents Rented Housing Units: Rents Renter occupied units by cash rent (excludes single family units on 10 or more acre property; With monthly cash rent Less than $100 $100 to $149 $150 to $199 $200 to $249 $250 to $299 $300 to $349 $350 to $399 $400 to $449 $450 to $499 $500 to $549 $550 to $599 $600 to $649 $650 to $699 $700 to $749 $750 to $799 $800 to $899 $900 to $999 $1,000 to $1,249 $1,250 to $1,499 $1,500 to $1,999 $2,000 or more No cash rent Average monthly gross rent for those paying cash rent Meals included in rent No meals included in rent With meals induded in rent Paying extra for utilities Renter occupied units by Gross Rent as a Percentage of Income Less than 20 percent 20 to 29 percent Over 30 percent Not computed 18 Overtown 1,25 %bas 1,24• 99% 3 3% 2 2% 5 4% 11 9% 18A 14% 221 18% 1311% 1 10% 9 8% 6• 5% 5• 5% 3. 3% 1: 1% 12 1 °/ 3 3% $39 $39 1,17 1,25 2 11 75 9 0% 93% % bas 23% 9% 60% 8% Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk Effective Buying Income Effective buying Income helps us determine consumer power and affordability of goods, services and housing. More than 62% of Overtown households have an effective buying income of less than $15,000, compared to 39% and 34% of the 5- minute drive area and the City of Miami respectively. Another 21 % of households have an effective income of $15,000 to $24,999. o ye rtow n g�t 2006 Estimated Households by Etfectiv BuyI Incra-ne Ove mown 001.1 •06 A S 1. 2010 Protected Hauseholds by E3 5i �l EffectivF Buylein Inc At e 19 Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk ConsumerBuying Pow Ova rtown 0 I ' ‘.., 0, cs, 7, I 70 I : 0 ..-. o'll :,) ..1:3 ii. ,..z., L,. . _0 . iffr, ..,,...._,..... ... c 0- 05 U -oa[np o C!7 Aoin`n ` COG.=oa"rn -�p ,L, I 7) : i ` L-O ocoo ou0paa aa O ,� I- 0 m _cti0 a, CO a' Y ¢/ a�rn o=cuCO CO ,C.�cn 0, 0, c.. CC ao o acs U'� c, 10 0 ff. O cd crts o =. Cl,`"SC7 O co 00 cc cu cu CO rn d 0 0 c aOIw -_ca'� - CO 31. 0o -0 a._ CC n> m E a cmca S Q 10 =Q to c c W o c0 f� Q ''.'C. 0 L_ == 0 o a COU7 uim 0 Total Businesses (Total Establishments) Q OD 0 o m 1- 20 8 CD Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk 25,000,000 20,000,000 1 5.000,000 10,000.000 5,000.000 (Due rtciuvn 147. 0 CD 0 0 L.n 0 r--_ M- [Q a OO a CC. CO 0 a 0 O L[7 - LC) O CV a 00 O p C� O a �ti 0 0 O ti O� rV O M 6)-J'-� C. p p 00 O __ 0 OO a O _a O p 000 00 CI] �v rV apO OOOM 0 000000 00 ��O tO.4� Op 000 C'-) u-3r-.._.--O- OO `=-O`'1r'-_oO O as a- - ClO 6)'�CT) OLo 00�—Lc, C .,—a 0 L.,[/ Cr1.-4 LD L.7p T a0 00 OC_V rrii,_ a] QJ a] as O, a] au. ..:Ti O] aJ N . , aJ a? C a1 a_1 • a] a] a] as a> .— a] a a] aJ 1--1 Q as Cn aJ a] O> OJ a1 a] aJ o a o o -- - a c c iy, o o co 0 0 0 0 0 0 o CO o o, r. o 0 0 0 0,, 0 0 o O Cf) CFJ CJ7 CF) a' VJ 0 a., a. _G7 C) = 1 7 CID co Cf) Cf] Cf] CF] C!] CYO 0 CFJ Cf7 C17 — n. CJ] CFJ a' Ifl C, CfJ �, a� as 0 C+J CU O a� U U O a) as 0 - a, a., =a a> CO as }. L. a a� o, ` = a1 cn O _ ,tn cn 0 a� a 0 C6 n c� c c cn o c cn cn o cn c c c _c� a a-� o— c o o. o a� c'.— .- - d `� a� . as .- a� .� o c c m c0i� c L as a, CO 0 o 0 0 -- i— c = a.a co U 0 — -o = Co:: co = o . ca o o cn a CF] - o On a a o w fir-- _o - W _ cv , , ▪ Q S m 024 m W - ` ��__„ o Cf7 c�� as a� o C_> L'� [� `� «� - c' c } O o • V] _ CFI � �'-' �"' ` `a'-' li w Cf7 .'— `--' (/3 «-CU a a� a } _ c co c.> c o8 a� a' a� S W o_ a'q 0 0� ,, CD L o :_,'=''='-- C1_ U a.a. r.—CD 0 wa' o o� � ' c ccr�.� -0 o�icon U U -o aox u0� oc.� ca card o d o o o o C a�i __ C c. cp S cn O Q-..- o C▪ U CO o a� 0 �_ --r- �_ U U c S cap d c o CU cn C� _ _ _ _ W W co O a .--= C� 0 CO ca c 0 - CDCU 0.,L� L) f� CFJCD O 0 C17 0 to Ca c aU CIT. CO c TOTAL SPI IFIELF.CONSUMER EXPENDITURES (2005.gkggreg ite Expenditure Estimate ) 21 a' o cnc_ ca o CD to ca Submitted into the public record in connection with item # 10 on 10-24-11. Priscilla A. Thompson City Clerk 50 40 30 20 10 0 COCO CO _ o Home Improvement Store C3v rtc)w n CO 9l 0., C OS O' O] OS DJ s. dl C d = O} Rl O] U O O C16 SO COO COi CO o'erCO 0 0 CO0 a� -c c+2C o � yu Cls .33 m �� 0 N _ _ Yn d _ m - ' o W c,zS c o p IAA _ U d C. _ ces Total Fusin es (Th tal Estal� ish��ients> ' 22 00 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk Retail Market Power To establish retail market opportunity, one may use two measures: 1. The gap between demand for certain goods and supply of goods in a given area 2. Projected growth in demand in future years Another important parameter is delineating the market. In this case, the main question is whether to use Overtown's demand and supply or that of another area. One would expect that not all goods consumed in Overtown are supplied within the limits of the neighborhood. Similarly, Overtown could supply services and goods that are consumed by individuals living in its vicinity. For instance, one is willing to drive 5 minutes to get groceries, eat dinner or buy apparels. For purposes of this report, the market is defined as the area within 5 minutes drive from Overtown. This area is defined in earlier parts of this report. Retail investment is driven by current opportunity gap and/or projections for future demand. Simply put, retailers invest their money to either meet current or projected demand for goods and services. The retail market power is presented in the following two table: first for Overtown and second for the 5-minute drive area. It is important to note here that both market areas are important for different reasons and for different types of merchandize. For instance, drug stores are more of a neighborhood business that demand in the immediate area might be the best driver of retail market potential. The immediate market area is always more significant if demand for goods and services is present. People are willing to drive to obtain apparel, but location of apparel in the immediate community where there is demand is also useful. Highlighted merchandize items are items where there is a dear retail opportunity. These two tables are followed by another two tables that list opportunity gap by retail store type. 23 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk C.. Teh., Odor Powered i... Awe,re... F. uti...e 6 .: Children tamale Hods sde.r..d &scion Cryae. Cprdae ,,a.om .,d &samosa Td.rmcm. Vei.o Recorders, V:.o Canvass Spcmp Goads Amid , . WO Ha.wdd /mwam to HU,? Good' old camp Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk Retail Opportunity Gap in the Immediate Overiown Market Area 9 59,000 f - Q1,71,000 $1,835,000 $244,000 $210,000 $202,000 $189,000 $172,000 $145,000 $94,000 $90,000 $65,000 $80,000 $64,000 $56,000 $43,000 I $1,001,000 $906,000 $608,000 $546,000 $488,000 $0 $500,000 $1,000,000 $1,500,000 Gap Size Retail Market Power Opportunity Gap Report By Merchandise Line Items $2,000,000 $2,500000 Retail Market Power Opportunity Gap Report By Merchandise Line Items Overtown Total Retail Sales Including Eating and Drinking Places Groceries and Other Foods Meals and Snacks Alcoholic Drinks Packaged Liquor/Wine/Beer r ,c_lars, Cigarettes, Tobacco and Accessories L s, Health Aids and Beauty Aids Soaps, Detergents and Household Cleaners Paper it Related Products Men's Wear Women's, Juniors' and Misses' Wear Children's Wear Footwear Sewing, Knitting and Needlework Goods Curtains, Draperies, Blinds, Slipcovers etc. Major Household Appliances Small Electric Appliances Televisions, Video Recorders, Video Cameras Audio Equipment, Musical Instruments Furniture and Sleep Equipment Flooring and Floor Coverings Computer Hardware, Software and Supplies Demand Supply Opportunity (Consumer (Retail Gap/Surplus Expenditures) Sales) $24,440,000 $30,652,000 $5,780,000 $2 897,000 $264,000 $443,000 $596,000 $3,008,000 $251,000 $200,000 $703,000 $1,125,000 $608,000 $-544.000 $19,000 $149,000 $141,000 $50.000 $222,000-II $139,000 $254,00t $66,000 $263,000, 24 $9,149,000 $1,991,000 $54,000 $840,000 $394,000 $1,037,000 $384,000 $417,000 $95,000 $124,000 $62,000 $56,000 $14,000 $59,000 $77,000 $49,000 $50,000 $54,000 $65,000 $120,000 $19,000 $906,00 $210,00 ($397 000 $202,00 $1,971,00 ($133.000 ($217.000 $608,00 $1,001,0 $546,00 $488,00 $5,00 $90,00 $64,00 $1,00 $172,00 $85, $189,00 $244,00 Retail Market Power Opportunity Gap Report By Merchandise Line Items Overtown Kitchenware and Home Furnishings $132,000 $269,000 Jewelry $137,000 $128,000 $9.000 Books $109,000 $29,000 $80,000 Photographic Equipment and Supplies $38,000 $32,000 $6.000 Toys. Hobby Goods and Games $157,000 $114,000 $43,000 Optical Goods $59,000 $3,000 $56,000 Sporting Goods $180.000 $86.000 $94,000 Hardware, Tools, Plumbing. Electrical $826,000 $4,993,000 ($4.167,000) Lumber and Building Materials $326,000 $8,863,000 ($8,537,000) Paint and Sundries $57,000 $145,000 ($88,000y Cars, Trucks, Other Powered Transportation $2,060,000 $1,000 $2,059,000 Automotive Fuels $1,917,000 $82,000 $1,835,000 Automotive Lubricants $497.000 $352,000 $145,000 Pets, Pet Foods and Pet Supplies $89,000 $139,000 All Other Merchandise $252,000 $403,000 Claritas' RMP data is derived from two major sources of information. The demand data is derived from the Consumer Expenditure Survey (CE Survey), which is fielded by the U.S Bureau of Labor Statistics (BLS)The supply data is derived from the Census of Retail Trade (CRT), which is made available by the U.S. Census. The difference between demand and supply represents the opportunity gap or surplus available for each merchandise fine In the specified reporting geography. When the demand is greater than (less than) the supply. there Is an opportunity gap (surplus)for that merchandise line. For example, a positive value signifies an opportunity gap, while a negative value signifies a surplus. Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk 25 Retail Market Power Opportunity Gap Report By Merchandise Line Items Folklife Village 5-Minutes 0 min - 5 min Demand Supply Opportunity (Consumer (Retail Gap/Surplus Expenditures) Sales) Total Retail Sales Including Eating and Drinking Places $1,882,667,000 $2,941,740,000 c;;t;,u (1:: Groceries and Other Foods $327,138,000 $526,914,000 ; $199,776,00( , Meals and Snacks $218,982,000 $223,198,000 ($4,216,00t Alcoholic Drinks $27,366,000 $18,696,000 $8,670,000 Packaged Liquor/Wine/Beer $36,148,000 $39,172,000 ($3,02,: Cigars, Cigarettes, Tobacco and Accessories $25,619,000 $32,005,000 ($6,386.000) Drugs, Health Aids and Beauty Aids $207,903,000 $285,588,000 ($77,685,000) Soaps, Detergents and Household Cleaners $15,154,000 $27,471,000 ($12.317,000) Paper and Related Products $13,166,000 $23,919,000 ($10,753,000) Men's Wear $48,414,000 $78,825,000 ($30,411,000) Women's, Juniors' and Misses' Wear $74,790,000 $149,379,000 (874,589,000; Children's Wear $23,990,000 $34,003,000 ($10.013.000) Footwear $30,022,000 $54,707,000 ($24.685,000) Sewing, Knitting and Needlework Goods $2,487,000 $8,965,000 ($6.478,000; Curtains, Draperies, Blinds, Slipcovers etc. $13,040,000 $21,000,000 ($7.960.0Ol' Major Household Appliances $12,164,000 $20,187,000 ($8,021i , Small Electric Appliances $4,788,000 $8,420,000 ($3,632,006i Televisions, Video Recorders, Video Cameras $14,678,000 $25,893,000 ($11.215.000) Audio Equipment, Musical Instruments $18,525,000 $37,718,000 ($19,193,000) Furniture and Sleep Equipment $28,587,000 $52,909,000 ($24,322,000) Flooring and Floor Coverings $8,969,000 $13,385,000 ($4,416.000) Computer Hardware, Software and Supplies $33,011,000 $85,206,000 ($52.195.000) Kitchenware and Home Fumishings $18,733,000 $36,444,000 ($17.711.000) Jewelry $19,346,000 $130,747,000 ($111,401.000) Books $6,560,000 $10,438,000 ($3,878,000) Photographic Equipment and Supplies $3,180,000 $7,186,000 ($4.006,000) Toys, Hobby Goods and Games $12,109,000 $23,309,000 ($11,200.000) Optical Goods $5,691,000 $15,486,000 ($9,795,000) Sporting Goods $17,817,000 $33,031,000 ($15.214.000) Hardware, Tools, Plumbing, Electrical $81,476,000 $137,140,000 ($55,664,000) Lumber and Building Materials $49,167,000 $100,281,000 ($51,114,000) Paint and Sundries $7,988,000 $18,213,000 ($10,225,000) Cars, Trucks, Other Powered Transportation $223,757,000 $389,221,000 ($165,464.000) Automotive Fuels $141,571.000 $73,815,000 $67,756,000 Automotive Lubricants $63,729,000 $90,777,000 ($27.048,000) Pets, Pet Foods and Pet Supplies $6,641,000 $14,305,000 ($7,664,000) All Other Merchandise $42,541,000 $96,198,000 ($53.657,000) Ciaritas' E f,iP. liar, i; ci raved from two major sources of Information. The demand data is derived from the Consumer Expenditure Survey (CE Survey), which Is fielded by the U.S Bureau of Labor Statistics (BLS). The supply data is derived from the Census of Retail Trade (CRT). which is made available by the U.S Census. The difference between demand and supply represents the opportunity gap or surplus available for each merchandise line in thespecified reporting geography_ When the demand is greater than (less than) the supply, there is an opportunity gap (surplus)for that merchandise line. For example, a positive value signifies an opportunity gap, while a negative value signifies a surplus. Submitted into the public 26 record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk Retail Market Power Opportunity Gap Report By Retail Store Types The following chart lists the retail potential or retail market power by retail store type. Arelmdwe Clearers4411 Clrprtrnad Sivas F: deslnq Lewd b -45 , Ca sohne Sums aelh Commerce Stores -MTh Ptwenws and rabb Stow-fi r' General itercnwise SI:s-. Clothing ate CIo g Amassers* Sion,: ...,. Fee-SenseResta rants-7221 Crating Mores44e 1 WrdwaeCIA: and &bee Stores-4E0 1 OMrGAsotreaScre6447H. tmthad Sawa Eating Rana-7222 £ue5o:nc ShoRmg, Mat Order Het ses 454: Specify Fad Sloress452 Family peering Sh a-144314 Flow 'ardera444 I, Elecoacs and AppAarce Slaes.4&3 Ennead and Hone Ft/awnings Sluesst. Sealing Godes. Hobby Boo Muse Orr - Auld parls/Ac asa»s Tee Store:.. .f Woolen's C othng Steres4481 Ap4iarca, T6aisiens, Eiacsmcn Staes441I Sloa Stoes448: Ogler Hotta vehicle Dealers441? Ratio Terrnvm, Ebdmeems Seres44311: Spatng Gorda. Hobby, Musical runnrant Slara4511 cuMure Staes4421 Ogle Mrscallawus Store R ta1xs4539 Dunking Races AIWA cWyerages-7724 Olher 1-laa1h and Perrend Cara SEne -4461g l.marrK,aden Equipment Sorbet c Stoe6444. Nursery and Garden Cawtes44422 Florae Rending S4am442: Book. Peeortrat and Mesa Staee4512 Offu SSpptea %worry GAI Sb ea453. Dike &robins. Gafinery, G+II St1es4532 Sprang Goods Slcew-4 m I Ades Clotting Stores448I 1 Compute. and &Aram Sbes4431) Overtown Retail_Mar et Pote_ntiai by Store Type (>$100,000) r $2,484,00 $2.372, 000 $1,745,000 $1,718,000 $1, 398,000 $1 332,000 $1 "W6,000 $1,014,000 $900,000 $88 000 'z775,00( I$70',000 $566,000 '157,000 nnn $383,000 $336,000 $335,000 $296,000 $281,000 $278,000 $246,000 l $238,000 i $223,000 $213,000 i $207,000 1 $195,000 4 $178,000 $168,000 l $152,000 i= $133,000 I $132,000 i= $123,000 $122,000 P $122,000 1 $121,000 = $114,000 $100,000 $0 $500,000 $1,000,000 Suppiyia9 27 ortunity $2,000,000 $2,500,000 $3,000,000 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson f itv (lnrlr Wm .,.r.,a... Noonan Sims.anon L V Urowmznlo4S7 Gozolne Satins alm i rratra K. Sigers.447, l ammo. sod Dug sara.+u Caroni Woo .M.. Slaw+52 Clotting .m cloeara Acoomotos s1.w.e` Milan Flr.r, Wolohan. CM. ad Woo Mho Groh. Sammari. Llmll.d Soma EmgPlo-i7: Dalton Sheopop uN-order Mn...d54, Shea*. Food Stam-1452 Cash CNd.q Slop.<a' Hare Gswaee+F.1 • 1 Dogma ad norimeo Sk/reo-4n F1m ont and /km. Faro/mg. Soma r span g Goode. Hobby. B. Moo Slam,' 1 AdoPMr/Axe..ow[ The Stores-4413 Wmurai.Clmkm S.,rre-- k12 Arpb,.ei. Nimmons FMckm.a claei+e f l r Shoo Slaek-J,2 otl.. Moto MOM. I1.eMo-1112 F.do. Td.drim, nod—, S1a.443/ 12 Spall.g Geed. HMay. Moral v...aaa Sbr.:411 Furman Skm+.4421 -1,9,116PVY Overtown Retail Market Potential by Store Type (>$100,000) $1 398,000 $1 332i000 $1 196,000 I $1 014,000 $900,000 $888,000 $775,000 1 $701,000 $566,000 I -1 000 $395,000 I $388.000 I $336,000 1 $335,000 1 $296,00C F $281,000 1 $278,000 $246,000 1 $238,000 ■ I $223,000 • I $213,000 a I $207,000 ! $1 745,000 l $1 718,000 $0 $500,000 $1,000,000 $2,31 $1,500,000 $2,000 000 Supply Gap/Opportunity 28 $2,484,000 2.000 $2,500,000 $3,000,000 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk Retail Market Power Opportunity Gap Report By Retail Store Types Overtown Demand Supply Opportunity Gap Consumer Retail Surplus/ Expenditures Sales Shortage Total Retail Sales Including Eating and Drinking Places $24,440,000 $30,652,000 ($6,212,000) Motor Vehicle and Parts Dealers-441 $3,012,000 $0 $3,012,000 Automotive Dealers-4411 $2,484,000 $0 $2,484,000 Other Motor Vehide Dealers-4412 $238,000 $0 $238,000 Auto Parts/Accessories, Tire Stores-4413 $296,000 $0 $296,000 Furniture and Home Fumishings Stores-442 $336,000 $0 $336,000 Furniture Stores-4421 $207,000 $0 $207,000 Home Furnishing Stores-4422 $132,000 $0 $132,000 Electronics and Appliances Stores-443 $388,000 $0 $388,000 Appliances, Televisions, Electronics Stores-44311 $278,000 $0 $278,000 Household Appliances Stores-443111 $57,000 $0 $57,000 Radio, Television, Electronics Stores-443112 $223,000 $0 $223,000 Computer and Software Stores-44312 $100,000 $0 $100,000 Camera and Photographic Equipment Stores-44313 $19,000 $0 $19,000 Building Material and Garden Equipment Stores-444 $1,107,000 $13,868,000 I$12.761.000) Building Material and Supply Dealers-4441 $959,000$13,868,000 1$12,909,0ff?i Home Centers-44411 $395,000 $0 $395,000 Paint and Wallpaper Stores-44412 $20,000 $0 $20,000 Hardware Stores-44413 $89,000 $0 $89,000 Other Building Materials Dealers-44419 $466,000 $13,868,000 ($13.402,000) Building Materials, Lumberyards 111191 $132,000 $4,729,000 ($4,597.000) Lawn/Garden Equipment, Supplies Stores-4442 $152,000 $0 $152,000 Outdoor Power Equipment Stores-44421 $20,000 $0 $20,000 Nursery and Garden Centers 11422 $133,000 $0 $133,000 Food and Beverage Stores-445 $5,098,000 $11,972,000 ($6,874.000) Grocery Stores-4451 $4,258,000 $11,389,000 ($7.131.000) Supermarket, Grocery Excluding Convenience Stores-44511 $4,086,000 $11,092,000 ($7.006.000) Convenience Stores-44512 $175,000 $298,000 ($123.0001 Specialty Food Stores-4452 $656,000 $90,000 $566,000 Beer, Wine and Liquor Stores-4453 $192,000 $494,000 Health and Personal Care Stores-446 $2,024,000 $0 $2,024,000 Pharmacies and Drug Stores-44611 $1,718,000 $0 $1,718,000 Cosmetics, Beauty Supplies, Perfume Stores-44612 $92,000 $0 $92,000 Optical Goods Stores-44613 $56,000 $0 $56,000 Other Health and Personal Care Stores-44619 $168,000 $0 $168,000 Gasoline Stations-447 $2,631,000 $0 $2,631,000 Gasoline Stations with Convenience Stores-44711 $1,745,000 $0 $1,745,000 Other Gasoline Stations-44719 $888,000 $0 $888,000 Clothing & Clothing Accessories Stores-448 $1,332,000 $0 $1,332,000 Clothing Stores 1181 $1,014,000 $0 $1,014,000 Men's Clothing Stores- 4811 $114,000 $0 $114,000 Women's Clothing Stores-44812 $281,000 $0 $281,000 Children's, Infants' Clothing Stores-44813 $84,000 $0 $84,000 Family Clothing Stores-44814 $457,000 $0 $457,000 Clothing Accessories Stores-44815 $20,000 $0 $20,000 29 Retail Market Power Opportunity Gap Report By Retail Store Types Overtown Other Clothing Stores-44819 $76,000 $0 $76,000 Shoe Stores-4482 $246,000 $0 $246,000 Jewelry, Luggage. Leather Goods Stores-4483 $78,000 $0 $78,000 Jewelry Stores-44831 $75,000 $0 $75,000 Luggage and Leather Goods Stores-44832 $7,000 $0 $7,000 Sporting Goods, Hobby, Book, Music Stores-451 $335,000 $0 $335,000 Sporting Goods, Hobby, Musical Instrument Stores-4511 $213,000 $0 $213,000 Sporting Goods Stores-45111 $121,000 $0 $121,000 Hobby, Toys & Games Stores-45112 $71,000 $0 $71,000 Sew/Needlework/Piece Goods Stores-45113 $13,000 $0 $13,000 Musical Instrument and Supplies Stores-45114 $17,000 $0 $17,000 Book, Periodical and Music Stores-4512 $123,000 $0 $123,000 Book Stores and News Dealers-45121 $74,000 $0 $74,000 Book Stores-451211 $69,000 $0 $69,000 News Dealers & Newsstands-451212 $9,000 $0 $9,000 Prerecorded Tapes, CDs, Record Stores-45122 $51,000 $0 $51,000 General Merchandise Stores-452 $3,606,000 $2,208,000 $1,398,000 Department Stores Excluding Leased Departments-4521 $2,372,000 $0 $2.372,000 Other General Merchandise Stores-4529 $1,238,000 $2,208,000 Warehouse Clubs and Super Stores-45291 $900,000 $0 $900,000 All Other General Merchandise Stores-45299 $340,000 $2,208,000 Miscellaneous Store Retailers-453 $414,000 $0 $414,000 Florists-4531 $56,000 $0 $56,000 Office Supplies, Stationery, Gift Stores-4532 $122,000 $0 $122,000 Office Supplies, Stationery Stores-45321 $47,000 $0 $47,000 Gift, Novelty and Souvenir Stores-45322 $78,000 $0 $78,000 Used Merchandise Stores-4533 $51,000 $0 $51,000 Other Miscellaneous Store Retailers-4539 $195,000 $0 $195,000 Non -Store Retailers-454 $1,274,000 $652,000 $622,000 Electronic Shoppng, Mail -Order Houses-4541 $701,000 $0 $701,000 Vending Machine Operators-4542 $200,000 $130,000 $70,000 Direct Selling Establishments-4543 $379,000 $522,000 ($143,0001 Foodservice and Drinking Places-722 $2,918,000 $1,955,000 $963,000 Full -Service Restaurants-7221 $1,196,000 $0 $1,196,000 Limited Service Eating Places-7222 $1,319,000 $544,000 $775,000 Special Foodservices-7223 $231,000 $1,411,000 ,i ei.r1, Drinking Places Alcoholic Beverages-7224 $178,000 $0 $178,000 GAFO* $6,103,000 $2,208,000 $3,895,000 General Merchandise Stores-452 $3,606,000 $2,208,000 $1,398,000 Clothing and Clothing Accessories Stores-448 $1,332,000 $0 $1,332,000 Fumiture and Home Fumishings Stores-442 $336,000 $0 $336,000 Electronics and Appliance Stores-443 $388,000 $0 $388,000 Sporting Goods, Hobby, Book, Music Stores-451 $335,000 $0 $335,000 Office Supplies, Stationery, Gift Stores-4532 $122,000 $0 $122,000 • GAFO (General merchandise, Apparel, Fumiture and Other) represents sales at stores that sell merchandise normally sold in department stores. This category is not included in Total Retail Sales Including Eating and Drinking Places. Claritas' RMP data is denved from two major sources of information. The demand data is derived from the Consumer Expenditure Survey (CE Survey), which is fielded by the U.S. Bureau of Labor Statistics (BLS). The supply data is denved from the Census of Retail Trade (CRT), which is made available by the U.S Census. The difference between demand and supply represents the opportunity gap or surplus available for each merchandise line in thespecified reporting geography When the demand is greater than (less than) the supply, there is an opportunity gap (surplus)for that merchandise line. For example, a positive value signifies an opportunity gap, while a negative value signifies a surplus. 30 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk ldttileitet t f e 044seiffroza iF Ytlt — t1 '' ?ni0! Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk Gas nine Stations with Convenience 5tores4471 1 Warehouse Otitis and Suter Skdree45291 Other General Alercnar,o se Stores-4529 Specialty Food Stores4452 Full -Service Restaurant✓-7221 LawivGarden Equipment SuppSen Stares4442 5-Minute Drive Retail Opportunity / ;.39.127,COG -tea > 17.700.000 $16,,151.CDC 514.17j4, 000 Nursery and Garden Centers- 4422 $12,455 Omki g Places Alcoho4c Beverages-7224 I=IMED a10,138,OO Ferrety Clothing Stores44814 as,359,000 Other Gasoline Stations-44719 0,712,000 Vending Machine Operators-4542 Office Supples Slaaonery Stores-45321 Other Abto, Ve!hide l:ealet&4412 Other Health arid Per aortal Care Mones44619 Hoag:Anal Appirwnc 8lnnes14311I Cu/char Power Equymerd Sixes-14421 Beer Wine and Liquor Stores-4453 Boon Stores451211 Hardware Stores-4441a Pant and Walpape( Stores-44412 s 467,000 $4, ,000 $3.583. $2,831 81,854. $1,790.000 51,314.00 $980,000 5712,000 $661,000 l 157,0C4 COO QS a 225 5Qk Q5 25 § ti5 Demand Gap/Opportunity Retail Market Power Opportunity Gap Report By Retail Store Types ,102.000 25 Folklife Village 5-Minutes 0min -5min Total Retail Sales Including Eating and Drinking Places Motor Vehicle and Parts Dealers-441 Automotive Dealers-4411 Other Motor Vehicle Dealers-4412 Auto Parts/Accessories, Tire Stores-4413 Furniture and Home Furnishings Stores-442 Furniture Stores-4421 Home Fumishing Stores-4422 Electronics and Appliances Stores-443 Appliances, Televisions, Electronics Stores-44311 Household Appliancpc Stores-443111 Radio, Television, Electronics Stores-443112 Computer and Software Stores-44312 Camera and Photographic Equipment Stores-44313 (Building Material and Garden Equipment Stores-444 Building Matenal and Supply Dealers-4441 Demand Supply Opportunity Gap Consumer Retail Surplus/ Expenditures Sales Shortage $1,882,667,000 $2,941,740,000 (51,059,073,000) $312,567,000 $478,125,000 '$165,558.000) $255,051,000 $414,789,000 000) $20,422,000 $16,839,000 $3,583,000 $37,238,000 $46,516,000 ($9,278 $38,249,000 $58,809,000 $20,560,000 $22,791,000 $43,071,000 1$20,280,000 $15,525,000 $15,743,000 ($218,000 $39,613,000 $83,444,000 (543,831,000) $26,829,000 $54,788,000 ($27,959,000) $4,590,000q $2,736,000 $1,854,000 $22,302,000 $52,052,000 i$29,750,000) $11,625,000 $26,163,000 (514,538,000) $1,305,000 $2,495,000 ($1,190,000) $125,278,000 $225,899,000 ($100,621,000) $110,559,000 $225,289,000 (ti114,730,000) 31 submitted into the public ecord in connection with tem # 10 on 10-24-11 Priscilla A. Thompson City Clerk Retail Market Power Folklife $45,191,001 $2,071,00t $8,769.001 $54,737,001 $17,846,001 $14,785,004 $2,058,1/1 $12,798,001 $302,662,001 $250,417,001 $240,295,001 $10,192,001 $37,573,001 $14,811,000 $142,211,004 $119,607,001 $6,273,001 $5,195,000 $11,339,000 Village 5-M $152,643,000 $1,410,000 $8,057,000 $63,182,000 $21,554,000 $611,000 $268,000 $343,000 $630,872,000 $597,523,000 $585,435,000 $12,109,000 $19,873,000 S13.497,000 $234,018,000 $200,054,000 $11,174,000 $14,300,000 $8,508,000 nutes $661,000 $712,000 $14,174,000 $1,790,000 $12,455,000 %$328,210,000) (S347,106,000) ($345,140,000) ($1.917,000) $17,700,000 $1,314,000 ($91,807,000) (S80,447,000) ($4,901,000) $.'.r I, 1. ,000 Home Centers-44411 Paint and Wallpaper Stores-44412 Hardware Stones-44413 Other Building Materials Dealers-44419 Building Materials, Lumberyards-444191 Lawn/Garden Equipment, Supplies Stores-4442 Outdoor Power Equipment Stores-44421 Nursery and Garden Centers-44422 Food and Beverage Stores-445 Grocery Stores-4451 Supermarket, Grocery Excluding Convenience Stores-44511 ConvenienceStores-44512 Specialty Food Stores-4452 Beer, Wine and Liquor Stores-4453 Health and Personal Care Stores-446 Pharmacies and Drug Stores-44611 Cosmetics, Beauty Supplies, Perfume Stores-44612 Optical Goods Stores-44613 Other Health and Personal Care Stores-44619 Gasoline Stations-447 $183,286,000 $96,759,000 $86,527,000 Gasoline Stations with Convenience Stores-44711 $117,924,000 $28,822,000 $89,102,000 Other Gasoline Stations-44719 $65,417,000 $57,705,000 $7,712,000 Clothing 8 Clothing Accessories Stores-448 $89,948,000 $281,740,000 i S191,792,000) Clothing Stores-4481 $65,503,000 $128,565,000 ($63,062,000) Men's Clothing Stores-44811 $7,645,000 $25,144,000 ($17.499,000) Women's Clothing Stores-44812 $18,658,000 $55,436,000 ($36,778,000) Children's, Infants' Clothing Stores-44813 $3,519,000 $7,265,000 (3.710 000) Family Clothing Stores-44814 $29,628,000 $20,269,000 $9,359,000 Clothing Accessories Stores-44815 $1,489,000 $4,488,000 ( .uu,uu0) Other Clothing Stores-44819 $4,905,000 $15,992,000 ($11,087,000) Shoe Stores-4482 $13,854,000 $35,042,000 ($21,188,000) Jewelry, Luggage, Leather Goods Stores-4483 $10,733,000 $118,157,000 ($107,424,000) Jewelry Stores-44831 $10948,000 $113,733,000 ($103,685,000) Luggage and Leather Goods Stores-44832 $755,000 $4,428,000 ($3,673,000) Sporting Goods, Hobby, Book, Music Stores-451 $27,558,000 $49,252,000 ($21,694,00(,a Sporting Goods, Hobby, Musical Instrument Stores-4511 $19,180,000 $35,007,000 ($15,827,000) Sporting Goods Stores-45111 $9,677,000 $16,386,000 ($6,709,000) Hobby, Toys & Games Stores-45112 $6,021,000 $7,308,000 ($1,287,000'r Sew/Needlework/Piece Goods Stores-45113 $1,650,000 $7,854,000 ($6,204,000) Musical Instrument and Supplies Stores-45114 $2,036,000 $3,461,000 ($1,425,000) Book, Periodical and Music Stores-4512 $8,441,000 $14,249,000 ($5,808,000) Book Stores and News Dealers-45121 $5,158,000 $8,157,000 ($2,999,000) Book Stores-451211 $4,720,000 $3,740,000 $980,000 News Dealers & Newsstands-451212 $510,000 $4,417,000 ($3.907,000) Prerecorded Tapes, CDs, Record Stores-45122 $3,346,000 $6,093,000 ($2.747,000) General Merchandise Stores-452 $250,385,000 $331,784,000 ($81.399,000) Department Stores Excluding Leased Departments-4521 $166,426,000 $286,891,000 i ^120.465.000) Other General Merchandise Stores-4529 $84,022,000 $44,895,000 $39,127,000 Warehouse Clubs and Super Stores-45291 $57,004,000 $0 $57,004,00q All Other General Merchandise Stores-45299 $27,091,000 $44,895,000 ($17.804.000) Miscellaneous Store Retailers-453 $40,490,000 $57,623,000 ($17,133,000 Florists-4531 $5,040,000 $6,285,000 ($1,245.000) Office Supplies, Stationery, Gift Stores-4532 $15,809,000 $15,969,000 ($160.000) Office Supplies, Stationery Stores-45321 $6,793,000 $1,829,000 $4,964,000 Gift, Novelty and Souvenir Stores-45322 $9,084,000 $14,141,000 ($5,057,000) Retail Market Power Used Merchandise Stores-4533 Other Miscellaneous Store Retailers-4539 Folklife $4,306,000 $15,561,000 Village 5-Minutes $7,992,000 $27,422,000 t1,i..)66,uuu, ($11,861,000) Non -Store Retailers-454 $103,448,000 $195,704,000 ($92256 00( Electronic Shoppng, Mail -Order Houses-4541 $60,983,000 $155,165,000 ($9.1 Vending Machine Operators-4542 $12,008,000 $4,541,000 $7,467,00- Direct Selling Establishments-4543 $30,595,000 $35,999,000 Foodservice and Drinking Places-722 $227,804,000 $228,255,000 Full -Service Restaurants-7221 $93,774,000 $77,623,000 $16,151,00 Limited Service Eating Places-7222 $99,735,000 $115,660,000 $15,925,000 Special Foodservices-7223 $17,591,000 $28,220,000 i $10.629 00Cf Drinking Places Alcoholic Beverages-7224 $16,913,000 $6,775,000 $10,138,00 GAFO" $461,213,000 $820,923,000 $359,710 General Merchandise Stores-452 $250,385,000 $331,784,000 ($81,399 Clothing and Clothing Accessories Stores-448 $89,948,000 $281,740,000 S191,79,, Fumiture and Home Furnishings Stores-442 $38,249,000 $58,809,000 ($20,56( Electronics and Appliance Stores-443 $39,613,000 $83,444,000 ($43,831,0U. Sporting Goods, Hobby, Book, Music Stores-451 $27,558,000 $49,252,000 ($21,694,000, Office Supplies, Stationery, Gift Stores-4532 $15,809,000 $15,969,000 ($160,000; - GAFO (General merchandise, Apparel, Furniture and Other) represents sales at stores that sell merchandise normally sold in department stores. This category is not included in Total Retail Sales Including Eating and Drinking Places. Claritas' RMP data is denved from two major sources of information. The demand data is derived from. the Consumer Expenditure Survey (CE Survey), which is fielded by the U.S Bureau of Labor Statistics (BLS). The supply data is derived from the Census of Retail Trade (CRT), which is made available by the U.S Census. The difference between demand and supply represents the opportunity gap or surplus available for each merchandise line in thespedfied reporting geography. When the demand is greater than (less than) the supply, there is an opportunity gap (surplus)far that merchandise line. For example, a positive value signifies an opportunity gap, while a negative value signifies a surplus. 33 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk submitted into the public ecord in connection with tern # 10 on 10-24-11 Priscilla A. Thompson City Clerk Retail Market Power Demand Growth Report By Retail Store Types ii'tyaosQr4 ovenem Ir — WI OBEN 1 0:\r• Retail Market Power Demand Growth Report By Retail Store Types Overtown Current Five Year Percent Year Demand Demand Demand Growth Total Retail Sales Including Eating and Drinking Places $24,440,000$29,858,000 22.17% Motor Vehicle and Parts Dealers-441 $3,012,000 $3,486,000 15.74% Automotive Dealers-4411 $2,484,000 $2,875,000 15.74% Other Motor Vehicle Dealers-4412 $238,000 $283,000 18.91% Auto Parts/Accessories, Tire Stores-4413 $296,000 $333,000 12.50% Fumiture and Home Fumishings Stores-442 $336,000 $378,000 12.50% Furniture Stores-4421 $207,000 $231,000 1 1,59% Home Furnishing Stores-4422 $132,000 $151,000 14.39% Electronics and Appliances Stores-443 $388,000 $440,000 13.40% Appliances, Televisions, Electronics Stores-44311 $278,000 $312,000 12.23% Household Appliances Stores-443111 $57,000 $60,000 5.26% Radio, Television, Electronics Stores-443112 $223,000 $254,000 13.90% Computer & Software Stores-44312 $100,000 $116,000 16.00% Camera and Photographic Equipment Stores-44313 $19,000 $21,000 10.53% Building Material and Garden Equipment Stores-444 $1,107,000 $1,191,000 7.59% Building Material and Supply Dealers-4441 $959,000 $1,021,000 6.47% Home Centers-44411 $395,000 $416,000 5.32% Paint and Wallpaper Stores 11412 $20,000 $20,000 0.00% Hardware Stores-44413 $89,000 $98,000 10.11% Other Building Materials Dealers-11119 $466,000 $497,000 6.65% Building Materials, Lumberyards-444191 $132,000 $143,000 8.33% Lawn/Garden Equipment, Supplies Stores-4442 $152,000 $171,000 12.50% Outdoor Power Equipment Stores-44421 $20,000 $22,000 10.00% Nursery and Garden Centers-44422 $133,000 $151,000 13.53% Food and Beverage Stores-445 $5,098,000 $5,918,000 16.08% Grocery Stores-4451 $4,258,000 $4,967,000 16.65% Supermarket, Grocery Exdiuding Convenience Stores-44511 $4,086,000 $4,772,000 16.79% Convenience Stores-44512 $175,000 $198,000 13.14% Specialty Food Stores-4452 $656,000 $740,000 12.80% Beer, Wine and Liquor Stores-4453 $192,000 $215,000 11.98% Health and Personal Care Stores-446 $2,024,000 $3,124,000 54.35% Pharmacies and Drug Stores-44611 $1,718,000 $2,659,000 54.77% Cosmetics, Beauty Supplies, Perfume Stores-44612 $92,000 $145,000 57.61 Optical Goods Stores-44613 $56,000 $71,000 26.79% Other Health and Personal Care Stores-44619 $168,000 $260,000 54.76% Gasoline Stations-447 $2,631,000 $3,496,000 32.88% Gasoline Stations with Convenience Stores-44711 $1,745,000 $2,275,000 30.37% Other Gasoline Stations-44719 $888,000 $1,226,000 38.06% Clothing & Clothing Accessories Stores-448 $1,332,000 $1,522,000 14.26% Clothing Stores-4481 $1,014,000 $1,159,000 14.30% Men's Clothing Stores-44811 $114,000 $125,000 9.65% Women's Clothing Stores-44812 $281,000 $325,000 15.66% Children's, Infants' Clothing Slores-44813 $84,000 $93,000 10.71% Family Clothing Stores-44814 $457,000 $523,000 14.44% Clothing Accessories Stores-44815 $20,000 $22,000 10.00% Other Clothing Stores-44819 $76,000 $87,000 14.47% Retail Market Power Demand Growth Report By Retail Store Types Overtown Shoe Stores-4482 $246,000 $277,000 12.60% Jewelry, Luggage, Leather Goods Stores-4483 $78,000 $92,000 17,95% Jewelry Stores-44831 $75,000 $88,000 17.33% Luggage and Leather Goods Stores-44832 $7,000 $7,000 0.00% Sporting Goods, Hobby, Book, Music Stores-451 $335,000 $393,000 17.31% Sporting Goods, Hobby, Musical Instrument Stores-4511 $213,000 $250,000 17.37% Sporting Goods Stores-45111 $121,000 $138,000 14.05% Hobby, Toys & Games Stores-45112 $71,000 $84,000 18.31 % Sew/Needlework/Piece Goods Stores-45113 $13,000 $15,000 15.38% Musical Instrument and Supplies Stores-45114 $17,000 $21,000 23.53% Book, Periodical and Music Stores-4512 $123,000 $147,000 19.51% Book Stores and News Dealers-45121 $74,000 $87,000 17.57% Book Stores-451211 $69,000 $82,000 18.84% News Dealers & Newsstands-451212 $9,000 $9,000 0.00% Prerecorded Tapes, CDs, Record Stores-45122 $51,000 $61,000 19.61% General Merchandise Stores-452 $3,606,000 $4,364,000 21.02% Department Stores Excluding Leased Departments-4521 $2,372,000 $2,886,000 21.67% Other General Merchandise Stores-4529 $1,238,000 $1,478,000 19.39% Warehouse Clubs and Super Stores-45291 $900,000 $1,065,000 18.33% All Other General Merchandise Stores-45299 $340,000 $418,000 22.94% Miscellaneous Store Retailers-453 $414,000 $499,000 20.53% Florists-4531 $56,000 $64,000 14.29% Office Supplies, Stationery, Gift Stores-4532 $122,000 $149,000 22.13% Office Supplies, Stationery Stores-45321 $47,000 $59,000 25.53% Gift, Novelty and Souvenir Stores-45322 $78,000 $94,000 20.51% Used Merchandise Stores-4533 $51,000 $59,000 15.69% Other Miscellaneous Store Retailers-4539 $195,000 $235,000 20.51% Non -Store Retallers-454 $1,274,000 $1,573,000 23.47% Electronic Shoppng, Mail -Order Houses-4541 $701,000 $906,000 29.24% Vending Machine Operators-4542 $200,000 $229,000 14.50% Direct Selling Establishments-4543 $379,000 $445,000 17.41 % Foodservice and Drinking Places-722 $2,918,000 $3,510,000 20.29% Full -Service Restaurants-7221 $1,196,000 $1,439,000 20.32% Limited Service Eating Places-7222 $1,319,000 $1,590,000 20.55% Special Foodservices-7223 $231,000 $282,000 22.08% Drinking Places Alcoholic Beverages-7224 $178,000 $211,000 18.54% GAFO $6,103,000 $7,233,000 18.52% General Merchandise Stores-452 $3,606,000 $4,364,000 21.02% Clothing and Clothing Accessories Stores-448 $1,332,000 $1,522,000 14.26% Fumiture and Home Furnishings Stores-442 $336,000 $378,000 12.50% Electronics and Appliance Stores-443 $388,000 $440,000 13.40% Sporting Goods, Hobby, Book, Music Stores-451 $335,000 $393,000 17.31 % Office Supplies, Stationery, Gift Stores-4532 $122,000 $149,000 22.13% " GAFO (General merchandise, Apparel, Furniture and Other) represents sales at stores that sell merchandise normally sold in department stores. This category is not included in Total Retail Sales Including Eating and Drinking Places. 35 Submitted into the public record in connection with item #10on 1D_ 20_ Priscilla A. Thompson City Clerk Retail Market Power Demand Growth Report By Retail Store Types Folklife Village 5-Minutes 0 min - 5 min Current Year Five Year Percent Demand Demand Demand Growth Total Retail Sales Including Eating and Drinking Places $1,882,667,000$2,383,922,000 26.62% Motor Vehicle and Parts Dealers-441 $312,567,000 $373,074,000 19.36% Automotive Dealers-4411 $255,051,000 $304,579,000 19.42% Other Motor Vehicle Dealers-4412 $20,422,000 $25,702,000 25.85% Auto Parts/Accessories, Tire Stores-4413 $37,238,000 $42,938,000 15.31% Furniture and Home Fumishings Stores-442 $38,249,000 $46,315,000 21.09% Fumiture Stores-4421 $22,791,000 $27,308,000 19.82% Home Fumishing Stores-4422 $15,525,000 $19,085,000 22.93% Electronics and Appliances Stores-443 $39,613,000 $48,138,000 21.52% Appliances, Televisions, Electronics Stores-44311 $26,829,000 $31,910.000 18.94% Household Appliances Stores-443111 $4,590,000 $5,098,000 11.07% Radio, Television, Electronics Stores-443112 $22,302,000 $26,876,000 20.51 Computer & Software Stores-44312 $11,625,000 $14,743,000 26.82% Camera and Photographic Equipment Stores-44313 $1,305,000 $1,623,000 24.37% Building Material and Garden Equipment Stores-444 $125,278,000 $141,355,000 12.83% Building Material and Supply Dealers 1141 $110,559,000 $123,522,000 11.72% Home Centers-44411 $45,191,000 $50,264,000 11.23% Paint and Wallpaper Stores 44412 $2,071,000 $2,223,000 7.34% Hardware Stores 14413 $8,769,000 $10,301,000 17.47% Other Building Materials Dealers-44419 $54,737,000 $60,957,000 11.36% Building Materials, Lumberyards-444191 $17,846,000 $20,212,000 13.26% Lawn/Garden Equipment, Supplies Stores-4442 $14,785,000 $17,901,000 21.08% Outdoor Power Equipment Stores-44421 $2,058,000 $2,342,000 13.80% Nursery and Garden Centers-44422 $12,798,000 $15,628,000 22.11 % Food and Beverage Stores 445 $302,662,000 $364,819,000 20.54% Grocery Stores-4451 $250,417,000 $304,200,000 21.48% Supermarket, Grocery Excliuding Convenience Stores-44511 $240,295,000 $292,222,000 21.61 % Convenience Stores-44512 $10,192,000 $12,046,000 18.19% Specialty Food Stores-4452 $37,573,000 $43,806,000 16.59% Beer, Wine and Liquor Stores-4453 $14,811,000 $16,949,000 14.44% Health and Personal Care Stores-446 $142,211,000 $229,750,000 61.56% Pharmacies and Drug Stores-44611 $119,607,000 $193,830,000 62.06% Cosmetics, Beauty Supplies, Perfume Stores 14612 $6,273,000 $10,441,000 66.44% Optical Goods Stores-44613 $5,195,000 $7,257,000, 39.69%, Other Health and Personal Care Stores-44619 $11,339,000 $18,422,000 62.47°/0 Gasoline Stations-447 $183,286,000 $252,624,000 37.83% Gasoline Stations with Convenience Stores-44711 $117,924,000 $159,793,000 35.51 Other Gasoline Stations-44719 $65,417,000 $92,896,000 42.01% Clothing & Clothing Accessories Stores-448 $89,948,000 $108,447,000 20.57% Clothing Stores-4481 $65,503,000 $78,561,000 19.93% Men's Clothing Stores-44811 $7,645,000 $8,789,000 14.96% Women's Clothing Stores-44812 $18,658,000 $22,431,000 20.22% Children's, Infants' Clothing Stores-44813 $3,519,000 $4,370,000 24.18% Family Clothing Stores-44814 $29,628,000 $35,674,000 20.41% Clothing Acr. ssories Stores-44815 $1,489,000 $1,824,000 22.50% Other Clothing Stores-44819 $4,905,000 $5,804,000 18.33% Shoe Stores-4482 $13,854,000 $16,295,000 17.62% 36 Retail Market Power Folklife $10,733,000 $10,048,000 $755,000 $27,558,000 $19,180,000 $9,677,000 $6,021,000 $1,650,000 $2,036,000 $8,441,000 $5,158,000 $4,720,000 $510,000 $3,346,000 $250,385,000 $166,426,000 $84,022,000 $57,004,000 $27,091,000 $40,490,000 $5,040,000 $15,809,000 $6,793,000 $9,084,000 $4,306,000 $15,561,000 Village 5-Minutes $13,729,000 $12,828,000 $970,000 $35,038,000 $24,470,000 $11,984,000 $8,149,000 $1,940,000 $2,589,000 $10,639,000 $6,405,000 $5,877,000 $598,000 $4,302,000 $319,797,000 $214,384,000 $105,478,000 $70,662,000 $34,892,000 $51,351,000 $6,274,000 $20,238,000 $8,698,000 $11,604,000 $5,295,000 $19,752,000 27.91% 27.67% 28.48% 27.14% 27.58% 23.84% 35.34% 17.58% 27.16% 26.04% 24.18% 24.51% 17.25% 28.57% 27.72% 28.82% 25.54% 23.96% 28.80% 26.82% 24.48% 28.02% 28.04% 27.74% 22-97% 26.93% Jewelry, Luggage, Leather Goods Stores-4483 Jewelry Stores-44831 Luggage and Leather Goods Stores-44832 Sporting Goods, Hobby, Book, Music Stores-451 Sporting Goods, Hobby, Musical Instrument Stores-4511 Sporting Goods Stores-45111 Hobby, Toys & Games Stores-45112 Sew/Needlework/Piece Goods Stores-45113 Musical Instrument and Supplies Stores-45114 Book, Periodical and Music Stores-4512 Book Stores and News Dealers-45121 Book Stores-451211 News Dealers & Newsstands-451212 Prerecorded Tapes, CDs, Record Stores-45122 General Merchandise Stores-452 Department Stores Excluding Leased Departments-4521 Other General Merchandise Stores-4529 Warehouse Clubs and Super Stores-45291 All Other General Merchandise Stores-45299 Miscellaneous Store Retailers-453 Flonsts-4531 Office Supplies, Stationery, Gift Stores-4532 Office Supplies, Stationery Stores-45321 Gift, Novelty and Souvenir Stores-45322 Used Merchandise Stores-4533 Other Miscellaneous Store Retailers-4539 Non -Store Retailers-454 $103,448,000 $133,234,000 28.79% Electronic Shoppng, Mail -Order Houses-4541 $60,983,000 $82,046,000 34.54% Vending Machine Operators-4542 $12,008,000 $14,104,000 17.46% Direct Selling Establishments-4543 $30,595,000 $37,219,000 21.65% Foodservice and Drinking Places-722 $227,804,000 $280,816,000 23.27% Full -Service Restaurants-7221 $93,774,000 $115,575,000 23.25% Limited Service Eating Places-7222 $99,735,000 $122,948,000 23.27% Special Foodservices-7223 $17,591,000 $21,707,000 23.40% Drinking Places Alcoholic Beverages-7224 $16,913,000 $20,794,000 22.95% GAFO $461,213,000 $577,631,000 25.24% General Merchandise Stores-452 $250,385,000 $319,797,000 27.72% Clothing and Clothing Accessories Stores-448 $89,948,000 $108,447,000 20.57% Furniture and Home Fumishings Stores-442 $38,249,000 $46,315,000 21.09% Electronics and Appliance Stores-443 $39,613,000 $48,138,000 21.52% Sporting Goods, Hobby, Book, Music Stores-451 $27,558,000 $35,038,000 27.14% Office Supplies, Stationery, Gift Stores-4532 $15,809,000 $20,238,000 28.02% ' GAFO (General merchandise, Apparel, Furniture and Other) represents sales at stores that sell merchandise normally sold in department stores. This category is not included in Total Retail Sales Including Eating and Dnnking Places. 37 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk Current Situation Conclusions In examining the current situation in comparison to the two benchmark communities (5-minute drive area and the City of Miami), it is important to provide a summary of the socio-economic and housing areas where there is a great discrepancy between Overtown and these communities. It is important to remind the readers of this report that many of these issues are interconnected. Education influences job marketability, and job type influences income, and income influences home ownership, etc.,. Income Situation The average household income in Overtown is $19,298 compared to $39,439 in the 5-minute radius, and $44,321 in the City of Miami. The median income of households in Overtown is $12,468 compared to $23,107 in the 5-minute radius, and $26,269 in the City of Miami. The per capita income of Overtown residents is less than half of that of the residents in the 5- minute radius and the City of Miami. Income statistics for the area reflect a very grim picture where 60% of Overtown households make less than $15,000. This compares to 36% of households in the 5-minute radius and 32% of households in the City of Miami who earn less than $15,000.80% of Overtown households make less than $25,000. This cornpares to 53% of households in the 5-minute radius and 48% of households in the City of Miami who eam less than $25,000. Conclusion: Any discussion of affordability of housing has to take into consideration the fact that what is affordable to people in the City of Miami or the 5-mite drive area is not necessarily affordable to residents of the Overtown community Education Situation Almost 60% if Overtown residents have less than a high school diploma compared to about 50% of people in the 5-minute radius and 47% of residents in the City of Miami. Only 4% of Overtown residents have some kind of college degree, compared to 19% of residents of the 5-minute radius, and 21% of residents in the City of Miami who hold a college degree. Conclusion: Some outreach programs might be able to assist members of this community in attaining education that would make them more comparable to the 2 benchmark communities Vehicle Ownership Situation Ownership of a vehicle is a sign of household wealth, but is also a sign of a mobility and access to work. In Overtown, 63% of households do not own a vehicle compared to 31 % of households in the 5-minute radius and 27% of households in the City of Miami that do not own a vehicle. The average number of vehicles among Overtown households is 0,47 while households in the 5-minute radius and the City of Miami own an average of 1.04 vehicles and 1.16 vehicles respectively. Conclusion: The availability of jobs in the immediate area of Overtown will be useful to the many residents who do not own a mode of transportation. Unemployment Situation Of the 1,200 residents who are in the labor market in Overtown, 31 % are unemployed compared to 13% and 12% in the 5- minute radius and the City of Miami respectively. Conclusion: Unemployment is driven by many factors — such as education, transportation, and skills. While the availability of jobs is important, the fundamental reason behind the higher unemployment rates in Overtown are Submitted into the public 38 record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk not a result of lack of job opportunities in the downtown Miami area, but rather a result of lack of preparedness of Overtown residents for the job market. Attention needs to be given to this area. Occupation Segregation Situation Of the 833 residents of Overtown who are employed and Tess than 2% work in management, business and financial operations. In the 5-minute radius, 11 % of workers worked in this field and in the City of Miami, 13% did. The percentage of individuals employed in service occupations in Overtown is almost double that of the 2 benchmark areas. Conclusion: The concentration of Overtown residents in low -paying service professions might provide an explanation of the discrepancy in eamings. Economic development could bring about a better diversification of job opportunities. Home Ownership Situation Home ownership in Overtown is lagging behind the two benchmark areas. The percentage of home owners in Overtown is 10%, while it is 27% in the 5-minute drive and 35% in the City of Miami. Conclusion: Home ownership programs have been used in many communities and have had positive impact on improving home ownership. There are many such programs in Miami -Dade. A proactive approach to bringing residents to these programs could improve the home ownership rates in Overtown. Affordable Housing Situation The median household income in the Miami -Dade County is $37,148. Affordable housing determination can go up to 120% of the median household income in the County — or $44,578. At least 90% of residents of Overtown would not qualify for even 100% of the median income. Conclusion: What is affordable to the County might not be affordable to Overtown. Any affordable housing proposal that is geared toward members of the Overtown community has to clarify how they intend to reach out to members of the community to ensure that what is being proposed as affordable housing is affordable to them. Market Situation Effective buying Income helps us determine consumer power and affordability of goods, services and housing. More than 62% of Overtown households have an effective buying income of less than $15,000, compared to 39% and 34% of the 5- minute drive area and the City of Miami respectively. 39 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk 13'K40'3' N _r3ilP.O.7tl-`''�51 Overtown Retail Market Potential by Store Type (>$100,000) Depatm4w Stares Er.,iudhg teased Ceparlmeols-452' Phan -wadies and Drug 51a'eo4461 1 Clothing act Clothing Accessories Saues44n Ckeling Shoes4491 —.. Otter Gasoline S74Pwea447. EleceanO Shrpprq Yar1.0 der Hanes-4541 Frosty gating Staes44814 Elector.= and Appllerxa blo s44 Sporting Goods. Hobby, Book, Music Stures-451 Women's Clothing S1aas44812 Shoe Staes4482 4111111C-1-3 . LOP J iGm.�}:r:. See*A00 5 .70 '140,0X SaaS Coo . e• 1338,WP $335, $2050 52e1099 emsenew S278,000 S 49000 5 39009 RadioTelevisor., Etechmics Stares-4431'2 - Furrytue Stores442' Denting Rags rlrnrnllc Baversge07224 owauCienforl Egrapner4. Supplies S1a,e -444 Rune Funiehng St res4422 O0he Supplies, Sl4eurery, Glfl Stores4532 Sporting Goads Skrea45111 Computer sot Software Stores44312 Gasoline Stations w11h Coneen.enue Stores-44711 Waehouse Clubs and Super 5tores45291 Other Genrrai Merchandise Scores-4529 Specialty Food Slores4452 Full -Service Reetau ants-7221 Laa.OGarden Equipment Supplies Slues-4442 Nursary and Garden Comers44422 Omkirg Places Aloohoko Beverages-7224 Famlty Clothing Stcres44814 Other Gasokne Stabens44719 Vending Machine Operah:ec,1542 Once Supplies. Stationery Stores45321 Other Motor Vehicle Dealers-4412 Other Health and Personal Care Stores44610 HousehoN Appliances Stores 443111 Outdoor Power Equipment Shares.1r 421 Beer Anne and Lgwr Stores-4403 BOW Skves451211 Ha4rae Stores44413 Paint awl 'Wallpaper Stores44412 50 13 000 SS07,000 5' tt 000 5178,000 3158,020 5152 000 5133,000 5132.000 5123,000 5122000 5122,000 5121 000 3114.000 3100 000 5500 000 S.. a1a. WO 45 D00 1e,t 11 000000 51,500.00 $2.COO 0W Supply Gap/Opportunity 5-Minute Drive Retail Opportunity S2.500.000 S3000,000 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk j- -- :1.102,000 $5 004 000 1 --- — I r.;a.'' 27,000 I $ 17,700.000 161,000 000 316 4 514 1 MMISIBIF.-_.-- 612.455, 310,138,000 $9,359,000 ,712,000 467,000 000 ..;....gal tomes=- , —"Wl $ I $ $a $3,5t33, t�7. 32.831. O $1854 in $i.790,0017 a 51,314,00 e $980,000 8 5712,000 $661,000 4 § § F § § i § § C § 25 d � � Demand Gap/Opportunity 40 t uni &Mt DOML tiosiotwru fur: — `li;kr!&MN Community Vision & Stakeholder Consultations The community vision is very important to the redevelopment of Overtown. Over the past 2 decades, there were several community visioning exercises involving Overtown residents and community leaders. Some of these studies included charrettes and most of them came up with a clear vision that Overtown redevelopment, housing and economic development, has to include current Overtown residents, and has to revive Overtown's cultural and historic significance to the Miami -Dade region. The Consultants conducting this study, therefore, decided to not conduct their own visioning sessions with members of the community, and instead meet with key stakeholders in the community and take into account the vision that enjoyed a consistent community consensus. In this section, we would like to summarize some of the previous studies and conclude with the vision that came out of these studies. Stakeholder Consultations in September 2006 As part of this Feasibility Assessment for the Overtown Folk life District, the CMA Consulting Team interviewed a cross section of for -profit and non-profit developers, trade association representatives and interested parties (in September, 2006). Participants invited to the interviews all presented projects for inclusion in the proposed historical district Topics discussed included but were not limited to: ■ Project composition and phase of development ■ Project funding sources ! Development partnerships ■ Perceived priority development opportunities ■ Timelines for site development and project implementation II Architectural design regulations ▪ Area capacity for projects Interviews were conducted base done on scheduled appointments so that discussions would be dedicated to specific projects. During the sessions, participants provided information based on criteria that offered a foundation to assist the Consultants in prioritizing the projects. The criteria are as follows. ■ Development Experience: Most of the stakeholders had some development experience or were teamed with professionals in the development arena. • Project Composition and Phase of Development: the majority of the projects presented were mixed use facilities. The exceptions to the latter were the Lodge and Longshoremen's facilities and a neighborhood restaurant. All projects proposed are in the conceptual phase as of this report. / Funding Sources: Sources of funding for the proposed projects had not been confirmed as of the time of this report. Stakeholders were seeking funding from a number of avenues. For example the Bond issue that is driving the need for this report, was on of the primary sources mentioned in each stakeholder presentation. The Consultants also queried the interviewees on their progress in securing private sector and institutional type financing for their projects, especially the larger ones. 41 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk tl ih7&11treAi !AIWA—IN1 t Affordable Housing: Community stakeholders proposing mixed use projects identified a small allocation for affordable housing to accommodate current residents in the Overtown area. The majority of the residential units proposed however were priced at market rates. t Folk life District Marketing Strategies: Interviewees were queried about their strategies for the revitalized District. This is an area that will require additional visioning for the eventual occupants of the District, At the time of the reporting, there was minimal feedback regarding the marketing strategies from the participants. This should be done as a subsequent phase to this reporting. f Real Estate Projects in the surrounding area: Extensive discussions were facilitated with regards to the other projects in the immediate area. Along NE 2nd Avenue, high end mixed use projects are being constructed. As well as along Biscayne Boulevard. All of these projects are centered on the Sports and Entertainment District that has become the northern end of the downtown business district. t Development Incentives: At the time of this reporting, the primary incentives proposed by the community stakeholders on their projects consisted of units set aside for affordable housing applicants. Other incentives noted in the interviews were job opportunities for area residents (entry level). t Other Comments: Other discussions pertaining to the district included but were not limited to: 1) The consistency of the architecture, 2) Uniform signage, 3) Streetscapes that compliment the architecture of the District, 4) Historical Markings on designated sites for example. Attendees also made mention of seeking the Folk life District as a special planning area. Details from the respective projects proposed by the Community Stakeholders follow this section. Previous Studies, Charrettes, and Community 1.4sioning Sessions INFIIAL MARKET ANALYSIS FOR A MIXED -USE SMART GROWTH DEMONSTRATION PROJECT IN THE OVERTOWN NEIGHBORHOOD, MIAM I, FLORIDA, Prepared by Robert Charles Lesser & Co. for 11- E coLLNS mum FOR PUBUC POucY, October 3, Z001 This market analysis was conducted by Robert Charles Lesser and Co. for the Collins Center for Public Policy in 2001. The goal is to study the feasibility of building a pedestrian -friendly live -work -play environment in Overtown. This proposed project would be located on 20 acres in Overtown and would provide 600 residential units — 500 condominiums and 100 rental units, 150,000 square feet of commercial space, and 200,000 square feet of office space. The primary market area identified by this study is the entire downtown Miami. The main conclusions of this study ( parts of the following are excerpts from the 2001 report) were: 1. Creating a sense of physical predictability in the neighborhood is essential to drawing for -sale residents to this location. Any success of this project will depend on the institution of a plan for the entire Overtwon area — to assure buyers that redevelopment is on the way. 2. Creating a sense of location is critical to establishing the project beyond an affordable infill housing community. This requires: a. Proactive involvement by the City of Miami in providing support to address physical infrastructure and social issues. b. Addressing homeless issues and the negative perceptions the current situation creates. c, Providng a strong, unique and detailed project design including development on both sides of the street and on four comers to establish a sense of quality for the project. 42 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk 112i'+1' tli :m P V utrAsgiroirrii itite =tat it#9 d. Encouraging a street orientation for the project, including on -street parking and an inviting street presence. This can also be provided by limiting the amount of visibyL. fencing and security, creating a sense of, and not a need for, safety. 3. Providing maximum project flexibility is essential to changing market trends and reducing project risk. i.e. the ability to convert rental units to for -sale units if market supports such a move. 4. Retail product should largely cater to the local market audiences (area residents and employees), yet should also provide opportunities for entertainment -oriented tenants including restaurants that s pport the Folklife Village, Lyric Theater and nearby arenas, 5. Residential product should be unique and urban in character (lofts, high ceilings, large windows, concrete floors). Master Plan for Historic Overtown Folklife Village, Miami, Florida, May 1997, The Black Archives History and Research Foundation sponsors, prepared by Duany Plater,Zuberk & Company This plan was commissioned by the Black Archives. It is the most comprehensive planning document that refers to rid articulates the concept and feasibility of Historic Overtown Folklife Village. Although it dates back to 1997, it provides for a Village vision that has repeated itself in many of prior and later Overtown studies. Representatives of the Black Archives spent a significant amount of time with the CMA Consulting Team. This organization appears to be the nucleus for the District's evolution based on the project detail that was provided. A major project is the developing of the Historic Overtown Folklife Village, as a cultural business and entertainment district that would bring back some of the historic significance of Overtown/Colored Town. The Black Archives has had the Village designated as a Main Street Community by the National Trust for Historic Preservation. There are several projects that are entailed in this Village including: The Lyric Theater, The Lyric Promenade, and other projects that continue to be under development. The Village is a conceptualization of the results of many visioning sessions which produced a vision that redeveloping Overtown must take into consideration Overtown's historic significance as a work/live/entertainment district in the Miami area. This Village would attract many of the 10 million visitors who come to Miami each year, but also would be a destination of choice for the local residents of the Miami area. The Village is anchored by The Lyric Theater and the two historic churches: Mt. Zion Church and the Bethel AME Church. In 1996, a full Master plan was developed for the Village and it includes such things as a feasibility study, a development plan and a set of design guidelines. Following are some of the details of this Village: • The Village boundaries are NW 8th Street from the South, , NW 2nd Avenue from the East, NW 3rd Court from the West and NW 10th Street from the north • There are three types of buildings that would line the streets of this Village: a one and one and a half story front porch shotgun house type, a two or three story from porch large unit type and a two or three story commercial building that could house retail and entertainment . • Close to the street buildings • A total space of 213,500 square feet and 443 parking spaces • NW 91h Street will be the heart of the Village. The plan would restore the Dorsey House and the Cola -Nip Building which are historic structures with cultural significance. The Ward Rooming House was already renovated, • NW 2"d Court would become a pedestrian walkway that connects 8th and 9h streets. • The Village would be designated as a historic overlay district, as allowed by the City of Miami ordinance, to allow for not only restoration of existing structures, but also for new development. See street -by -street design guidelines in Appendix. It is important to note that these guidelines are the subject of consensus among key stakeholders with the exception of density guidelines 43 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk Overtown: A Look Back, Connections to the Future, Prepared by Urban Design Associates, Prepared for The Collins Center for Public Policy, Inc„ 2 December 2002 This study involved most of the key community stakeholders in Overtown and was conducted by Urban Design Associates. The study recommended several initiatives — one of which is the development of what is known as the Historic Folklife Village: 1. Downtown Overtown: around the Lyric Theater there are a series of potential development sites which both establish a human -scale core and create bridges to the larger community. Large scale towers along the railroad tracks create a public space around the Overtown Metrorail station. Smaller scale development should occur in the heart of the community, especially in the immediate vicinity of the Dorsey House. Mixed use development in the form of 4 story structures would line 2nd and 3d Avenues as a means of bringing back a range of retail and entertainment uses with residential on the upper floors. Overtown - City of Muni, REDEVELOPMENT AREA DESIGN CHARRETTE REPORT, prepared by TREASURE COAST REGIONAL PLANNING COUNCIL wrMNAOFOR fa►t2E+rsOFOVERMAN March 31, 2000 This study was initiated in 1998. The charrette was conducted during week of July 16 (16-23) 1999. The study was sponsored by the Treasure Coast Regional Planning Council (Eastward HO! initiative) and involved many community members. This is the most comprehensive study in terms of articulating a community vision by Overtown residents and community and business leaders. The vision can be summarized by the following conclusions of the study: 1. Attracting business and entertainment development 2. Provide housing for existing residents 3. School improvement 4. create new jobs for community members 5. reconcile zoning 6. emphasize community identity 7. develop community parks (none are available in Overtown as of 2006) 8. Articulate entrances to Overtown 9. Leave a worthy legacy SEOPW CRA Econornic Programming Study by 7J-I0.2003 This study was commissioned by the CRA. It included a larger area than the study area of this current report. The major recommendations for commercial development were: 1. Opportunities for minority ownership and tenancies 2. Commercial entertainment uses possessing market niches difficult to duplicate 3. Potential to reach sales per square foot at standard productivity or better by the date of stabilized operations (3rd year of operations) 4. Compatibility and not competitive to the adult 'after -hour entertainment developed along the Promenade corridor in Park West. The study also reported citizen feedback which is summarized as follows: 1. Support for the re-establishment of NW 2rd and NW 3rd Avenues and the establishment of a historical Overtown Folklife Village. 2. Introduction into the area of more for —sale units. Submitted into the public record in connection with item # 10 on 10-24-11 44 Priscilla A. Thompson City Clerk 1 J�irb''3g3 �U lAspptect c ! tit �ifli r 3. New Housing must be affordable — no displacing of current residents 4. Community supporting ;;tail is needed 5. More employers and employment in the area 6. Need for beautification propeLis in the area This study also included a recommendation that NW 2nd Avenue should include musical outlets that feature African American traditions. Finally the report recommended the establishment of a Tax Increment Financing (TIF) district. Submitted into the public record in connection with item # 10 on 10-24-11 45 Priscilla A. Thompson City Clerk Proposed Projects The following projects are presented in the order in which we received them. After briefly summarizing each one of these proposed projects, there will be a brief assessment of these projects along the following lines: a) Uses Residential (Affordable or Market), Retail and Office b) progress of the project or stage of project: 1. Conceptual Stage 2. Development Team in Place 3. Site Plan 4. CRA Proposal (If applicable) 5. Site Control 6. Master Plan Submitted 7. Market Analysis and/or Marketing Plan 8. Financing c) Community Vision Compatibility as discussed in an earlier section d) Effect on Current Situation of Community e) Consultant Recommendation Third Avenue Commons (BAME Projects) Information presented by representatives for BAME and Mt. Zion presented their priorities that these organizations deem feasible for the area. Details of the projects are below. The project is located northeast quad of 3rd Avenue NW 8th Street and northeast of 9th Street and 3rd Avenue. It is centrally located at gateway of Overtown and the FolkLife District. This project is still in the predevelopment phase. A master plan and a market analysis were not available. However, the executive director of BAME was able to give us some information about the composition of the project: 1. 120 condominium units 2. 20,000 commercial retail with parking 3, The project is located on 6 lots totaling 45000 sq. ft. and is zoned as Cl —which allows over 150 units per acre 4. There will be three stones of commercial, retail and office space. These three stories will topped by a residential tower which will occupy the 4th to the ninth stories of the building with a clubhouse on the third level. i. 18, floor retail - Proposed Commercial tenants include urban coffee, bakery, deli, banking, cell phone, beauty supply, barber /beautician, book store, sports theme bar and grill - Representatives confirmed that some establishments were not recommended and should be avoided. These include: check cashing store, westem unions, cash America, liquor stores, ii. 2nd and 3rd floors Proposed office and fitness center as well as satellite business center, financial planning services, law offices, community development offices, govemment agencies, medical/ dental office, insurance agency, or real estate and mortgage companies 4-9th floors will be residential units iv. The design and color scheme of the structure will be Floribian. v. Auxiliary site (Gateway): Landscaped project to be introduced as the gateway to the Folklife District. The proposed location is 3rd between 8th and 9th streets 4- Target: mixed income for sale (allocation for affordable housing) 1 Pnce ranges: $200k - $325,000 condos 46 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk $20.00 per sq ft pro forma (most likely $25-30 per sq ft) for office space) Project Summary and Evaluation 1) Uses: 120 Residential for -sale units to be sold at market price ($200,000-$325,000), 8,990 square feet of Retail on 8th Street and 3rd Avenue and 10,520 square feet of office space 2) Progress of the project or stage of project: i) Conceptual Stage: The project is still at the conceptual stage. BAME representative shared some schematic drawing with this team, but these were still to be finalized ii) Development Team: None iii) Site Plan: None iv) CRA Proposal (If applicable): None. Most property is owned by various stakeholders v) Site Control: Partial vi) Master Plan Submitted: No vii) Market Analysis and/or Marketing Plan: None. Although BAME representative shared ideas about types of businesses that could locate in this development, this information was not based on a comprehensive market analysis or any market plan viii) Financing: None 3) Community Vision Compatibility: This development is located on the gateway of Historic Overtown Folklife Village. BAME representative thought that this project would comply with the design guidelines foreseen by the Black Archives for this Village with the one exception of density. The tower would rise higher than originally intended for the Village. However, BAME representative argued that the tower would be set back from the street front starting from the third floor. The existence of a club house on the third floor supports the theme of green rooftops along 8th street. 4) Effect on Current Situation of Community: Although this project does little to address the current situation in the Overtown neighborhood, it has the potential to result in a great benefit to the community. The fact is that the developer is a community development corporation, which could work within the community to help residents anticipate job opportunities, get trained for them, and obtain them as they become available. 5) Consultant Recommendations: This project is at the heart of Folklife Village and needs to be synchronized with the rest of the projects in the Historic Overtown Folklife Village so that the overall Village is developed in a manner consistent with the wishes of the Overtown community. This is an important project for the Village, but without coordination with other stakeholders, could become another market project at 3rd Avenue and 8th Street. The idea of a tower that is set back from the main street, while the first three stones are closer to the street might work well for both BAME and the vision of a Historic Overtown Folklife Village. Project Evaluation 1) Uses: 65 units of affordable housing units in a midrise setting 2) Progress of the project or stage of project: We have little information on this project's progress. It appeared that this project has yet to be conceptualized. i) Conceptual Stage: No ii) Development Team in Place: No iii) Site Plan: No iv) CRA Proposal (If applicable): No v) Site Control: Partial vi) Master Plan Submitted: No vii) Market Analysis and/or Marketing Plan: No viii) Financing: No 3) Community Vision Compatibility as discussed in an earlier section: This development is also located on the gateway of Historic Overtown Folklife Village. We had little information on this project to be able to make a determination on its compatibility with the Village concept. It is too early to say, but it seems that this project clashes with the idea of store Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk 47 fronts and entertainment district on this block. It could be incorporated in these guidelines if some retail was added to the affordable housing low rises, 4) Effect on Current Situation of Community: This project has the potential of meeting some housing needs in this community. However, given our earlier discussion of the housing that would be affordable in Overtown, the developer needs to clarify the affordability of this house and a strategy to qualify Overtown residents for this housing 5) Consultant Recommendation: This is prime property that is important for the development of a Historic Village in Overtown, Therefore, consultation with other community stakeholders is essential before this project proceeds to be conceptualized. Mt Lion Historic Village Complex This project is also in the pre -development phases. Pricing is also being reviewed with regard to the estimated square footage costs. Details available at the time of this study are provided are below for this proposed structure. 4 65 apartments atop commercial mixed use space 4- 30,000 sq. ft .. Mixed use —10 stories 4- 9th Street and 3rd Avenue 4- The location is to be between the Dorsey House and the proposed 65 BAME units Note: The project will encompass the entire block which is roughly 15 lots with the exception of the Dorsey House. The representative for BAME suggested that 2nd Court needs to be vacated as a street and be used a pedestrian alley way. Project Evaluation 1) Uses: 65 residential apartments (market priced) atop a commercial mixed use space, 30,000 square feet of retail and Office space. The tower will be 10 stories with a step -back above the first three/five stories 2) progress of the project or stage of project: i) Conceptual Stage: This project is at a conceptual stage ii) Development Team in Place: No iii) Site Plan: No iv) CRA Proposal (If applicable): No v) Site Control: Partial vi) Master Plan Submitted: No vii) Market Analysis and/or Marketing Plan: None viii) Financing: Mr. Bacon suggested that some private financing was available, but no additional information was shared with consultants 3) Community Vision Compatibility as discussed in an earlier section: This development is located on the northwest gateway of Historic Overtown Folklife Village. It has the potential to blend in with the rest of the Village if some design guidelines were adhered to by the stakeholders in the Village. 4) Effect on Current Situation of Community: This project has the potential of meeting some employment needs in this community. It has the potential to result in a great benefit to the community. The fact is that the developer is a community stakeholder with a historic attachment to this community and a great deal of connection to the vision of the Folklife Village is an asset for this developer. This developer could work within the community to help residents anticipate job opportunities, get trained for them, and obtain them as they become available. 5) Consultant Recommendation: This is prime property that is important for the development of a Historic Village in Overtown. Therefore, consultation with other community stakeholders is essential before this project proceeds to be conceptualized. 48 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk Lofty Ideas (Block 25) The project is proposed on 2 acres on block 25. The prospectus presented by the project representatives was very thorough and gave an indication that it will provide not only quality housing, but jobs for current residents in the area. Details of the proposed project are below. ,I. 325 loft units. 1500 sq. ft each 4 52- section 8 lofts; 100+ affordable; remainder open market $400,000 4 180,000 square feet of retail space (applicant is courting PUBLIX) Project representatives estimated that this project would generate an estimated (base on size of project) 500 jobs. The residential section would be designed as entrepreneurial lofts for individuals who desire to maintain home/work businesses. It was estimated by the proposal that this proposed mixed use project would cost $172,000,000 if constructed as presented or roughly $172 per square foot. Discussions also yielded that project representatives are in dialogue with Northern Trust Bank on the project (CRA area). Discussions were also underway with Publix to occupy the retail space in this project. Publix has replied that proposal did not include site control — which is a precondition of Publix considering the offer. Proposed project team goals: 1. obtain site control on the specified lot (25) — 3 years 2. approval for site by commission - 60 to 90 days Proposed Project Expectations: Project representatives stated that their expectations are as follows: "To be a catalyst in Overtown that will revive it from an economic development perspective. " Next steps for Lofty Ideas as stated by their presentation: In an effort to obtain a clear position on where this project is in terms of the pre -development stages, representatives shared their next steps. 4, Looking for Site Control Approval 4. Obtain Soft Funding for the Project Proiect Evaluation 1) Uses: 325 Residential work/live units (100 Affordable units and 225 Market units), 180,000 Retail and Office 2) progress of the project or stage of project: i) Conceptual Stage: This projects conceptual stage is completed ii) Development Team in Place: There is no development team in place for this project iii) Site Plan: Completed iv) CRA Proposal (If applicable): Completed and presented to CRA. v) Site Control: No vi) Master Plan Submitted: No vii) Market Analysis and/or Marketing Plan: Yes. but not shared with Consultants viii) Financing: Not yet 3) Community Vision Compatibility as discussed in an earlier section: It is outside the limits of the proposed historic vision. Submitted into the public record in connection with 49 item # 10 on 10-24-11 Priscilla A. Thompson City Clerk 4) Effect on Current Situation of Community: This project has the potential to include Overtown community residents in the housing and in the employment sections. Employment opportunities could be available irnmediately to some residents especially if Publix or another major grocery store accepts the developers proposal. Section 8 housing will meet immediate housing demand in the area. 5) Consultant Recommendation: This project has a great deal of potential. It lacks some partnerships with experienced developers. The current proposal suggests a need for more than $170 million, which is a lot of risk for financial institutions given the lack of experience in the current team that conceptualized this project. A market analysis is needed to clearly establish a need in the Miami area for 225 work/live lofts in the proposed price range ($400,000 per unit) and a marketing plan is needed to show that the presence of affordable housing will not affect the marketability and sale of 225 units within the same high-rise. BlackArchives — Historical Overtown Fdldife Village Representatives of the Black Archives spent a significant amount of time with the CMA Consulting Team. This organization appears to be the nucleus for the District's evolution based on the project detail that was provided. A major project is the developing of the Historic Overtown Folklife Village, as a cultural business and entertainment district that would bring back some of the historic significance of Overtown/Colored Town. The Black Archives has had the Village designated as a Main Street Community by the National Trust for Historic Preservation. There are several projects that are entailed in this Village including: The Lyric Theater, The Lyric Promenade, and other projects that continue to be under development. The Village is a conceptualization of the results of many visioning sessions which produced a vision that redeveloping Overtown must take into consideration Overtown's historic significance as a work/live/entertainment district in th. Miami area. This Village would attract many of the 10 million visitors who come to Miami each year, but also would be a destination of choice for the local residents of the Miami area. The Village is anchc! d by The Lyric Theater and the two historic churches: Mt. Zion Church and the Bethel AME Church. In 1996, a full Master plan was developed for the Village and it includes such things as a feasibility study, a development plan and a set of design gu defines. Following are some of the details of this Village: • The Village boundaries are NW 8th Street from the South, , NW 2nd Avenue from the East, NW 3rd Court from the West and NW 10th Street from the north • There are three types of buildings that would line the streets of this Village: a one and one and a half story front porch shotgun house type, a two or three story from porch large unit type and a two or three story commercial building that could house retail and entertainment . • Close to the street buildings • A total space of 213,500 square feet and 443 parking spaces • NW 91, Street will be the heart of the Village. The plan would restore the Dorsey House and the Cola -Nip Building which are historic structures with cultural significance. The Ward Rooming House was already renovated. • NW 2nd Court would become a pedestrian walkway that connects 8th and 9th streets. • The Village would be designated as a historic overlay district, as allowed by the City of Miami ordinance, to allow for not only restoration of existing structures, but also for new development. • See street -by -street design guidelines in Appendix It is important to note that these guidelines are the subject of consensus among key stakeholders with the exception of density guidelines. Project Evaluation 1) Uses: Residential (Affordable or Market), Retail and Office 2) Progress of the project or stage of project: i) Conceptual Stage: This project was conceptualized in 1997. However no concrete steps were taken to move forward on this project. 50 Submitted into the public record in connection with item # 10 on 10-24-1 ! Priscilla A. Thompson City Clerk �6f9fitlA�A 11 A istaci rn Pipet-1i9 ii) Development Team in Place: No, however, the major players in this team are very obvious and a development team could be formed to include the two operating CDCs, the Black Archives, and the Collins Center for Public Policy, in addition to other property owners and some private developers. iii) Site Plan: Yes, but dates back to 1997. Somewhat not feasible due to other proposed projects on the subject street fronts. iv) CRA Proposal (If applicable): Not yet v) Site Control: Partial, but site control is not possible with the cooperation of stakeholders mentioned in (ii) above vi) Master Plan Submitted: in 1997, a comprehensive master plan was formulated. This master plan needs to be updated. vii) Market Analysis and/or Marketing Plan: Partial in 1997, needs to be updated/redone to reflect very drastic changes in the Miami area market. viii) Financing: Not yet 3) Community Vision Compatibility as discussed in an earlier section: This project reflects what the community had envisioned in many previous studies in terms of historic value 4) Effect on Current Situation of Community: It is not clear how the Historic Village will address the needs of the local community. There are no proposals for affordable housing that would be affordable enough in this community. There are no proposals to bring people into jobs created by this community. However, such a project, developed by community stakeholders or in partnership with them, has to potential of addressing needs of the local community. There needs to be a clear strategy to do so. 5) Consultant Recommendation: This project addresses a very important component of the community vision in terms of historic and cultural value of bringing the village back to Overtown. However, much work needs to be done. In the immediate future, a development team may be formed from the major land owners and community players in the Village. This team could take concrete steps to update the master plan, incorporate projects like those proposed by Mount Zion and Bethel churches' community development corporations, seek private sector development partners, conduct feasibility studies, and seek funding. In addition this development team should develop a strategy to ensure that members of the Overtown community qualify and occupy positions created in the Village, and that some of the new Village housing units are occupied by current members of the Overtown community. This might involve capacity building work, and some job training programming, but in the long this might be the only strategy to bring back to Overtown its heritage and to preserve this heritage. Lyric Theater The Lyric Theater was acquired by the Black Archives History and Research Foundation and was renovated and is currently operated by the same non-profit organization. Plans for expanding the Theater's stage are well under way. Funding was provided by the County and the State. The Lyric Theater will undoubtedly benefit from development around it. Lyric Promenade On March 3rd, 2006, the Overtown Folklife Village Development Corporation (a subsidiary of Black Archives History and Research Foundation entered into an agreement with Brickell Ventures, LLC, and Carlisle Development Group, LLC, to form Lyric Promenade Associates, LLC. This comes 18 months after the three organizations submitted a proposal to the Southeast Overtown Parkwest Redevelopmenmt Agency to redevelop Block 36. The project entails the following components: • Elderly Rental Development: 9-stories 110 Affordable rental apartments for elderly residents to be developed in partnership with all parties • Workforce Tower: 15 stories 106-unit condominium tower to be developed in partnership with all parties 51 Submitted into the public record in connection with item # 10 on 10-24-11 Priscilla A. Thompson City Clerk fib+] t i ' A`f � 6A ''l PJ--lettdi'"�t D '.° . • Initial Retail Space: 15,000 square feet of retail space to be developed by Carlisle Development Group and the lead developer • Entertainment Retail Development: 16,000 square feet of retail space to be developed by Black Archives and Brickell Ventures, LLC • Garage: 6-level 550 parking spaces • Hotel: 12-stories 149 hotel rooms and 2,500 square feet of meeting space • This development will be on the same Block as the Lyric Theater. A marketing company is already marketing this site to specific hotel chains. A full feasibility study of this hotel has been done and presented to at least one hotel chain. Project Evaluation 1) Uses: 106 units of market -priced housing units and 110 affordable rental units, 15,000 square feet of general retail space and 16,000 square feet of entertainment retail space, 149 room commercial hotel, and 550-space parking garage 2) Progress of the project or stage of project: i) Conceptual Stage: Completed ii) Development Team in Place: Completed iii) Site Plan: Completed iv) CRA Proposal (If applicable): Approved v) Site Control: Pending vi) Master Plan Submitted: No vii) Market Analysis and/or Marketing Plan: Available for Hotel viii) Financing: No Submitted into the public record in connection with item # 10 on lO '-i-i1 . Priscilla A. Thompson City Clerk 3) Community Vision Compatibility as discussed in an earlier section: Although this development is on the outskirts of the proposed Folklife Village, the proposal seems to be consistent with the Lyric Theater concept and would complement the theater on Block 36. 4) Effect on Current Situation of Community: The affordable housing has the potential to meet housing need in the community if affordability guidelines were based on Overtown median incomes and not those of the entire County, or if the development is associated with some capacity building and job training efforts that would synchronize the filling of created jobs with newly trained residents of Overtown and the filling of the affordable housing units with the new residents. 5) Consultant Recommendation: This project's development team could serve as a model development team for stakeholders in the Folklife Village. A similar team could be designed to take on the development and marketing of the Village. This project needs to address the needs of the existing Overtown community by taking some concrete steps to ensure that created jobs are accessible to existing residents and that affordable housing is affordable to these very same residents. Crosswinds This project is by far the most advanced of all other projects. Project proposal was submitted as part of a settlement that would vacate Sawyer's Walk block from any legal constraints. Following are some excerpts from the Crosswinds Communities, Inc. documents: Crosswinds Communities, Inc., one of America's leading independent builders and developers, has acquired controlling interest in Sawyers Walk Limited previously selected by the City of Miami to develop three and a half blocks in Overtown. Crosswinds' initiative will result in a settlement of the long- standing lawsuits between the City of Miami and Sawyers Walk 52 s NWT ' ti [Nowt —MX* Limited. The Sawyer Family, longtime Overtown residents and property owners will retain partial ownership. Proposed public incentives for this project include the lease/sale of the property at a fair market value, based on the proposed development plan and the allocation to the project of Tax Increment Funds generated exclusively from this development through 2013 for parking and infrastructure improvements. • The Overtown Village Project entails the construction of 1,050 residential units for home ownership and 75,000 square feet of commercial space on currently vacant land bounded by N.W. 6th Street, N.W. 8th Street, N.W. 1st Court, and N.W. 3rd Avenue. • The proposed 1,050 residential units will be comprised of a mixture of housing types in four structures, including live/work townhomes and mid -rise structures (twelve to fourteen). The development will include a mixture of live/work, studio, one and two bedroom units and will have an array of amenities, including structured parking, swimming pools, and recreational areas. Approximately ninety percent of the units will be two bedroom/ two bath. The residential component also includes 74 unique live/work units. • The project's overall focus will be on creating affordable and workforce homeownership housing opportunities for individuals and families whose respective incomes will generally range from $40,000 to $95,000, The anticipated initial price of these units (exclusive of live/work townhomes) will range from $185,000 to $350,000. Sale price of the units will be adjusted during the anticipated four-year development program to reflect changes in market conditions, construction, and labor costs. • Twenty percent (20%) of the units excluding live/work townhomes will be set aside as affordable housing restricted to families and individuals whose respective incomes range from 80% to 120% of the Miami -Dade County median family income (in the range of $44,700 - $67,800 for a family of four). These units will be reasonably interspersed throughout the overall project and be reflective of the unit mix of the project. The developer will be restricted to a maximum selling price for these units regardless of the availability of mortgage assistance through publicly sponsored programs and restrictive covenants will be placed on units not sold to existing or former Overtown residents for ten (10) years); these restrictions will limit the resale price and purchaser income to ensure that these units remain affordable. The anticipated selling price of these units will generally be in the $185,000 - $275,000 range. • Fifty completed housing units will be conveyed by Crosswinds (Sawyers Walk) to the CRA or its designee (approxirnately 25% 0f the designated affordable units) and will be set aside exclusively for sale to existing Overtown residents whose incomes range between 50% to 80% of the Miami -Dade County median family income. Overtown residents to qualify for these units will be in the income range of $27,950 - $44,700 for a family of four. It is anticipated that a subsidy for potential homeowners will be provided by a combination of public and private sources. These units will be reasonably interspersed throughout the overall project and reflect the unit mix of the project. C .A Gn c v V .` 8 �; = E� v • Sawyer's Walk will enter into a "First Source Hiring Agreement' with the City, giving priority consideration for • o ° Q employment to Overtown residents for new jobs created. 7 '.eola • -a ' f • Sawyer's Walk will participate in job training programs for construction and property management (15% of the zi E E a. workforce). Participation in these programs will be offered first to Overtown residents. It is anticipated these • Sawyer's Walk shall utilize its best efforts to sell at least 20% of the housing units to existing, former Overtown residents and their family members. Incentives are provided to meet this objective. 53 i"P�iJr' nreaelatem Asipare liMitit_ programs will be operated by The South Florida Workforce, labor unions, and other existing, qualified providers. • Sawyer's Walk will hire an employment and housing recruiter from the Overtown Community, who will work directly with Overtown residents to assist in linking jobs and housing opportunities for area residents. It is anticipated this office will be established in the fall of 2006. • Minority contracting, construction, and property management requirements have been established with penalties for non-compliance. It is the intent of Sawyer's Walk to exceed these requirements: 1. Construction — 28% Black, 8% Female, 15% Hispanic participation 2. Design — 10% Black, 5% Female, 10% Hispanic participation 3. Sales and Marketing — 20% Black participation 4. Property Management — 28% Black, 8% Female, 15% Hispanic Crosswind Communities, Inc. estimates that this project will generate over $250 million in private investment and will serve as a catalyst to create job opportunities for Overtown residents both directly and indirectly. Upon completion the development will contribute over $6,000,000 annually to the Southeast Overtown/ Park West Tax Increment District which is being proposed for an extension beyond the 2013, the current termination date. These proceeds could be available for community revitalization efforts after 2013 if the Distract is extended which is currently under review by Miami -Dade County. Project Evaluation 1) Uses: 1050 residential for -sale units. 210 (including 50 units given to the CRA) affordable housing units available to folks who earn between 80% and 120% of the median housing income in the Miami area, 75,000 square feet of Retail and Office space 2) progress of the project or stage of project: i) Conceptual Stage: completed ii) Development Team in Place: completed iii) Site Plan: completed iv) CRA Proposal (If applicable): completed v) Site Control: Pending vi) Master Plan Submitted: completed vii) Market Analysis and/or Marketing Plan: completed viii) Financing: Pending 3) Community Vision Compatibility as discussed in an earlier section: This project is on the outskirts of the Historic Folklife Village. It has the potential of providing much of the pedestrian traffic needed for the economic sustainability of the Village. 4) Effect on Current Situation of Community: The housing and employment opportunities that would be potentially created by this community are very important for Overtown. However, like any other proposed project, these new housing units and jobs could be more accessible to the working poor outside Overtown unless some concrete steps were taken to train individuals within Overtown for these potential jobs and to ensure that Overtown residents' income is improved to qualify for affordable housing units being offered to them. 5) Consultant Recommendation: This is by far the most comprehensive and advanced project that will have real-time implications for the current residents of the Overtown community and the proposed Folklife Village. However, if certain steps are not taken to change the conditions within the Overtown neighborhood, i.e. to train people for incoming jobs and to help them qualify for incoming housing, then the Overtown residents could sit by and watch yet another housing development and hundreds of jobs miss them. Local and regional officials, community developers and private developers need to work together to achieve the goal of qualifying people for incoming housing and employment opportunities. Submitted into the public 54 record in connection with item # 10 on to "1I Priscilla A. Thompson City Clerk New Providence Lodge #365 The New Providence Lodge #365 is in the process of being designated as a historic structure, The Lodge was awarded $275,000 to renovate the building but conditional on the tenancy of a City of Miami department. As the deal for a City department to occupy parts of the renovated Lodge fell through, the money was no longer available to the Lodge. This money is ear -marked and set -aside for this project. Currently, the Lodge is undergoing some renovations. However, without securing the original CRA commitment, the Lodge is not likely to be able to raise all $582,762 needed for this renovation. The Lodge performs an important community function that serves current residents of Overtown. Upon renovation, the lodge will be able to lease some of the ground floor space. In conjunction with other development opportunities, such as the rehabilitation of Jackson's Soul Food, could reinvigorate that comer. In addition the Lodge might provide a good location to house a developer's consortium or some of the housing assistance programs. Warta Rooming House A substantial amount of money was spent (almost $1 million) by the CRA to acquire and renovate the Ward Rooming House. Since the completion of this project, the House has been awaiting new tenants. Black Archives wanted to use the House for their headquarters and some programming. The CRA has not responded to this request yet. Recommendation: The Ward House needs CRA leadership to determine future use and compatability with the Historic Folklife Village Concept. The Ward House can help trigger momentum in Overtown. Submitted into the public record in connection with item # i° on t0-614-11 . 55 Priscilla A. Thompson City Clerk Status of Proposed Projects Project Name Block Uses Concept Development Team Site Plan CRA Proposal Site Control Master Plan Market Analysis & Marketing Plan Financing Community Visioning Compatibility Effect on u,rrent Situation of Community o �, ro Residential 0 - = Affordable Market 3rd Avenue Commons J J -4 4 BAME Affordable Housing Project Mt. Zion Project .V \I Crosswinds -1 "i -J Al -4 'J 4 4 J Lofty Ideas .4 -4 -J -4 -J 4 J Historic Overtown Folklife Village* -V -V -4 J 4 4 4 4 J Lyric Promenade \I -V j J 'J 4- 4 4 4 J *Historic Overtown Folklife Village information dates back to 1997, and is obviously in need to update. Other Projects that were evaluated, but not included above: 9th Street Pedestrian Mall Jackson's Soul Food Ward Rooming House New Providence Lodge #365 56 Submitted into the public record in connection with item # ( 0 on lo-te}-Ij . Priscilla A. Thompson City Clerk Project Name co Uses TIF Generated by 2020 Low Income Subsidy Needed Affordable Housing Subsidy Needed TIF Request (millions) Of f ice Square Feet c $. ff 3 c co-n — x a .c r- Moderate Income 80-120%AMI Low -Income 50.80% AMI Very Low Income < 50% AMI Market Jazz Village 29 10,000 65 60 15,000 $450,250 $1,920,000 Block27 27 17 50 22 16 0 $735,808 $3,360,000 Block 26 26 14 14 8 8 30,000 $908,204 $1,088,000 Crosswinds 45 60 15 0 228 0 Crosswinds 56 61 15 0 227 0 Crosswinds 25 60 15 0 225 0 Crosswinds 46 29 5 0 110 0 Crosswinds (All) 0 0 0 0 75,000 $48,493,516 NW11"St 30 20 20 12 105 0 $4,828,740 $1,600,000 NW 11m St, NW 2a West 31 20 20 10 105 0 $ 4,828,740 $1,440,000 Lyric Promenade 36 0 55 55 106 23,500 $ 5,297,963 $6,160,000 Third Avenue Commons 10,000 55 38 12 15 7,400 $ 1,003,194 $2,176,000 BAME 37 50 50 20 30 0 $1,379,640 $3,200,000 CRA 25 70 15 0 15 0 $689,820 $ 480,000 New Arena Square (existing) 0 0 120 0 0 Mt Zion (elderly tax credit) 0 30 30 0 0 $3,360,000 Longshoreman 20,000 0 0 0 0 10000 $540,300 Total 521 402 289 1190 160,900 $69,156,175 $24,784,000 *Assumes 800 sauare feet units with 85% of construction and development cost at S200 per sauare foot *Assumes Sale Price of $250,000 for residential units, $99/square foot for office & retail, and 2.5% annual appreciation, assessed value is 90% of sale price and 14.653 millage. All TIF calculations assume a start date of 2009 and an end date of 2020. Submitted into the public record in connection with item # l0 on ID"ay-11 Priscilla A. Thompson 57 Conclusion and Recommendations As we look ahead to the development of first phase of a major catalytic project, it is important for local officials to recognize the opportunity that this development will generate in terms of tax revenue and the redevelopment of Overtown. The tax increment financing monies generated by Overtown Folklife Village District projects may be dedicated over the next 10-12 years to finance a comprehensive community redevelopment effort in Overtown, and specifically in Historic Overtown Folklife Village. By reinvesting TIF monies, the community achieves its vision of a historic folklife village, housing and economic development needs are met, private developers in Overtown develop in a revitalized neighborhood, and govemment gets increased tax revenues. In the long run, this investment would generate more tax revenues, but also would help sustain property values and quality of life in the Overtown district. Housing Recommendations: 1. Currently in Overtown, 61 % of residents pay less than $400 per month for rent. Much of the existing housing stock is aging (90% of the 1,257 existing rental units are more than 25 years old, and 70% are more than 35 years old) and/or is subject to removal to allow for new development. Although the proposed projects provide thousands of additional housing units in Overtown, it is likely that many of these projects will not address the housing needs of the current residents of Overtown - currently estimated by the Collins Center for Public Policy at 1,152 units. More than half of the current households in Overtown eam less than 35% of the median household income in Miami -Dade County. At least 90% of residents of Overtown would not qualify for even 100% of the median income. It is not reasonable to expect private for -profit developers to meet all the affordable and low-income housing need, although some have addressed part of this need as part of site control deals. Therefore, there needs to be some intervention on the part of public agencies and community organizations to tend to this unmet and serious affordable housing need. 2. Based on the proposed project analysis, the County could set aside $44 million of the TIF revenue generated from new development in Overtown Historic Folklife Village District to address the housing needs of Overtown residents. There is a need for 1,000 housing units that are needed after Crosswinds is completed (1,152 units estimated by Collins Center and corroborated by Census data presented in earlier parts of this report minus Crosswinds affordable units). Almost 70% of needed units are 1 bedroom apartments, 22% are 2-bedroom units and 10% are 3-bedroom units. As earlier reports have shown, current and future development in Overtown promise to meet all of this need. However, these projects need to be subsidized in order to provide the low income and affordable housing that is needed. It is very important that these subsidies be conditional on addressing the needs of the very low income (<50% of AMI) households - a category that captures the vast majority of Overtown residents. 3. Given the comparably very low home ownership rate in Overtown, The City could designate an Overtown Homeownership Zone to deliver subsidies and housing supports for Overtown residents. The City could financially support community efforts to improve home ownership within the Overtown community through aggressive home ownership programming. Such programs require both financial resources and community involvement. With a $15 million investment in such program, home ownership programs could provide subsidies to help in excess of 200 families (assuming a $250,000 sale price). This would make a substantial contribution to changing the home ownership situation in Overtown. Such subsidies should be limited to Overtown residents. 4, Connect with potential partners: MDCPS, Miami Dade Transit/MDX, MDC, Miami Airport to strengthen employer assistea housing programs (layer existing City of Miami program with additional CRA incentives). Economic Development Recommendations: 58 Submitted into the public record in connection with item# I0 on jrack-it Priscilla A. Thompson City Clerk ':'Qiitedier4M Some 60% of Overtown households make less than $15,000. Almost 60% of Overtown residents have less than a high school diploma and only 4% have college education. Of the 1,200 residents who are in the labor market in Overtown, 31 % are unemployed. There is no doubt that proposed development will bring with some great economic opportunities embodied in a dramatic increase in aggregate consumer spending (primarily through injection of middle class households into the area), and an increase in the number of job opportunities that are available locally. However, there is no assurance that these newly created job opportunities and the increase in aggregate consumer spending would benefit the existing Overtown community. Job market growth has bypassed the Overtown community and new opportunities could well do the same if the community is not prepared for them. There are several recommendations that could help the local community achieve take advantage of these new economic opportunity: 1. There has to be a mechanism for current residents of Overtown to take advantage of new employment opportunities generated by proposed development. However, there has to be some investment in the development of skits of these residents to meet the needs of incoming opportunities. Developers could work together to advise community organizations of the employment needs of incoming businesses and these community organizations could work to prepare individuals for these jobs through proactive education and job training, An investment of $2 million is suggested to call for a workforce intermediary to connect existing Overtown residents with an array of ob readiness, workforce training opportunities that link residents to job centers. 2. Historic Overtown Folklife Village District might be the mechanism for the current Overtown community to take economic advantage of the development going on around this Village. The increased spending power could be an asset for the community only if community businesses are able to cater to the new residents of Overtown. Shops, entertainment outlets, and restaurants in Historic Overtown Folklife Village District could become a prime destination to the thousands of new residents living around the block. Folklife Village would also meet the Overtown community's long standing vision of emphasizing the cultural and historic significance of Overto.,.1 and making it a destination of choice for children and grandchildren of ex-Overtown residents, but also for millions of tourists and local residents in Miami. Restaurant and entertainment outlets will be the easiest to attract initially especially with several new office buildings and 2,222 new housing units. Given the retail market power analysis provided in this report, LISC could work aggressively to attract retail businesses to the area. Some initial investment is required to help provide incentives and additional feasibility data for incoming businesses. 3. This plan calls for a 3-year plan to expedite planning and development of Folklife Village District parcels in a way that would capitalize on economic opportunity generated by proposed development, provide some needed subsidized housing, and operate in coordination with all stakeholders in Overtown. During this 3-year period, a Folklife Village District developers consortium will focus on conceptualizing, designing, and funding development in cooperation with the City of Miami for the Folklife Village District properties. An investment of $2 million for the consortium to have dedicated staff that would place projects on a fast track that is to say, housing and retail development may take 1-2 years to be initiated and perhaps 3-5 years to be completed. Historic and Design Recommendations: There seems to be a consensus among community stakeholders around the design guidelines as envisioned by the 1997 DPZ Master Plan (see attachment to this report). Also see 1982 City of Miam CRA resolution. The relocation of Black Archives is not only a great lever for economic development and revitalization within Overtov,r:-: out also an important contribution to historic and cultural preservation within Overtown. Black Archives is working with several groups to designate more historic properties and register them. There needs to be local government support for Black Archives efforts to designate key historic properties in Historic Overtown Folklife Village District. Submitted into the public 59 record in connection with item# on30-01•14 . Priscilla A. Thompson City Clerk A fund needs to be established to assist the two historic African American churches in the District in maintaining the historically designated structures. See Appendix IV. Infrastructure Recommendations: Analysis of infrastructure needs in Overtown need to be established through commissioning a survey of Overtown Folklife Village District including water and sewer. Project Prioritizing Recommendations: Given the analysis of different projects that are proposed for the Overtown area, the Consultants recommend a 2-tier process for getting projects off the ground. It is important to reiterate that it appears that the biggest challenge to development in the short term is land assembly and financing. There is also a need for an organized effort to move development in Historic Overtown Folklife Village forward in a systemic and sustained manner including recruitment of investors and acquisition of land. CRA and City of Miami leadership could trigger such sustained development by helping create a community expeditor/ombudsperson to mentor and assist stakeholders and developers with permitting, land acquisition and attracting investment. This Ombudsperson could also serve as a watchdog for an implementation plan. See Status of Proposed Projects Matrix for more details. Immediate Priority: These projects need to be placed on a fast track to trigger economic development in the immediate future. These projects are ready to go and would revitalize the area to encourage private investment and economic development. 1. New Providence Lodge #365: This rehabilitation project will be beneficial especially if first floor is leased to an organization that would provide housing and economic development assistance to Overtown residents. 2. Ward Rooming House: This project needs CRA leadership to find tenants who would be beneficial to the development in Historic Overtown Folklife Village. 3, Crosswinds: This development could be the essential anchor for redeveloping Overtown. 4. Lyric Promenade: This development is at a stage where it could need little assistance in terms of attracting business and hotel operators. Project should be expedited by CRA staff. 5. Immediate establishment of a development consortium that would attract retail and restaurant developers using current and projected market data. This could be linked to a Business Improvement District designations that builds upon the existing Main Street program in coordination with the Historic Overtown Folklife District Property Owners Association. 6, Establish Design Guidelines for Historic Overtown Folklife Village: Currently, stakeholders agree to design guidelines as suggested by Black Archives' Village Master Plan with a minor revision to height restrictions. Establishing and approving some design guidelines are important to preserve and protect the idea of a Folklife Village. See Appendix IV. Short Term Priority (0-36 months) 4. Third Avenue Commons: This project could be one of the initial development projects in Folklife Village. BAME might need some assistance in expediting the development of a master plan and market analysis and marketing plans for this project. 5. Mt. Zion Project: This project could be another one of the expedited projects to lay the foundation of the Folklife Village District. 6. Jazz Village: This project also needs to move forward with project analysis and recommendation to the CRA Board. so Submitted into the public record in connection with item # ko on (0 ;.1y. -1) Priscilla A. Thompson City Clerk Submitted into the public record in connection with item # f 0 on f 0 -aU - t 61 Priscilla A. Thompson City Clerk Submitted into the public record in connection with item # i O on VO a t Priscilla A. Thompson City Clerk OVERTOWN FOLK LIFE VILLAGE/DISTRICT DESIGN GUIDELINES From Miami's earliest beginnings, standing side by side with Henry Flagler's Florida East Coast Railway workers, African -Americans were an integral part of the population and a key factor in the successful vote to incorporate the city in 1896. The birth of Miami came just over thirty years following the bitter contest of the Civil War. In Miami, African -American's were segregated into their own communities where their culture was celebrated through family, church, school and home. The area now known as Overtown, originally referred to as "Colored Town", was a thriving, bustling cultural community of early African -American citizens. Today, little remains of the original homes and businesses that comprised the area. The intent of the Overtown Folk Life District (shown in Illustration 1) is to conserve the existing historic buildings, and to rebuild the area utilizing the style and types of architecture that reflect the origins and culture of Overtown's original citizens through the use of design guidelines, and to recreate several iconic buildings that served to characterize the neighborhood. The guidelines will encourage low to moderate scale mixed use structures to promote Miami's arts, cultural, education, entertainment, recreation, residential, commercial and tourist destinations. The Overtown Folk Life District (District) is located in the Southeast Overtown-Park West just north of the Miami Central Business District, west of Museum Park (formerly known as Bicentennial Park), south of 1-395, and east of 1-95. More specifically the district described is the bounded by NW 11th Street to the north, NW 6`h Street to the south, the FEC Railroad ROW to the east, and 1-95 to the west. The Historic Overtown Folklife Village Masterplan is a guide for Overtown's core blocks reflecting its character during its heyday in the second quarter of the 20t century. The core area called the Historic Overtown Folklife Village (Village) is a two -block area within the District bounded by NW 3rd Avenue to NW 2nd Avenue, NW 8th Street to NW 10th Street. This is a redevelopment of the physical environment in spirit and character, based on rehabilitating existing structures and rebuilding historic building types, including several on the sites they originally occupied, and once again accommodating the historic range of uses. From small and large individual residences in wood clapboard or masonry and stucco [exteriors] of a building type born of cultural tradition, to small apartment buildings, hotels, bed -and -breakfasts, and commercial buildings built of masonry and stucco reflecting hallmarks of the styles popular during the 1930s, the Overtown Village Master Plan when built out will provide a setting for a display and renewal of the entrepreneurial, educational and entertainment activities that sustained Miami's black community since its inception. To achieve the desired physical character, the plan requires the use of defined urban design regulations which are more specific than the City zoning ordinance. Submitted into the public record in connection with item # [ C) on 10-Ay —jl . Priscilla A. Thompson City Clerk Submitted into the public record in connection with item # i i on . Priscilla A. Thompson City Clerk These regulations encourage a quality, mixed -use historic living environment with direct access to shopping, recreation, entertainment, transportation and employment. It is intended that development within this District be at an appropriate ntensity that will provide a variety of housing opportunities, historic character, attractive and secure open space, appropriately located residential recreation space serving residential uses, adequate re' _ a d service support facilities, and a safe pedestrian movement system. It is intended that multifamily residential occupancy in this District is to be promoted and encouraged, either in separate buildings or in combination with office and supporting retail and service uses, and that such supporting uses shall be scaled and designed to serve the needs of the districts. It is intended that the character of the development shall be of an intens 'y that ppivides an attractive, secure environment for residents and workers with a variety of forms for spatial interest. Site planning and orientation shall protect :,nd enhance historic view corridors, and shall take maximum advantage of potential views and prevailing air currents. In general, maintain continuity between buildings and adjacent blocks, developments shall adhere applicable yard, setback and landscaping standards. In consideration of the proposed concentration of nidenr al occupancy and supporti:.,i commercial and entertainment uses and the availabiii';' of mass transit, these regulations ..-re intended to promote pedestrian comfort and convenience. Develops nts shaft provide barrier free movement on pedestrian ways, desirable shade and shelter in pedestrian areas, access where necessary for the provision of recreation, and solar energy or other purposes. These design guidelines were created to ensure conformity of the application with the expressed intent of this district, with the general considerations listed in Miami 21 Table 12, Design Review Checklist, with all applicable adopted master plans or development guides and standards for the Southeast Overtown/Park West Community Redevelopment Plan, the Historic Overtown Folklife Village Masterplan, and with the special considerations listed below: 1. Redevelopment in the Village area shall have a height limitation up to five stories, primary of residential, small apartment buildings, and bed -and -breakfasts shall include wood clapboard or masonry and stucco exterior facades of early 20th century Caribbean architectural style. Commercial buildings and small hotels shall be built of masonry and stucco in either an Art Deco or Moderne architectural styles. 2. Redevelopment in the District area shall have a height limitation up to five stories along the building baseline, and then step back twenty (20') feet and be allowed to increase in height up to 12 stories. 2. Adjacent to the 1-95, 1-395, and Metrorail right-of-ways, no residential building shall be constructed within fifty (50) feet of any such right-of-way. In addition, the greenspace between any building and the right-of-way line shall be a minimum depth of ten (10) feet. Further, the area between a building and the right-of-way line shall be landscaped with a multi -tiered buffer of trees, palms, shrubs, and other plant material to screen the building from the adjacent right- of-way. 3. Arcades are encouraged and may be provided at ground level. When so provided, arcades shall be continuous, accessible to the general public at all times, adjacent to the public right-of- way and fronting on the public sidewalk, with the floor of the arcade at the same level as the public sidewalk. Arcades shall have a minimum clear width of twelve (12) feet, a minimum height of ten (10) feet, and shall be unobstructed by building columns, utilities or other permanent fixtures. 4. Orientation and design of principal buildings and related site design and improvements shall be such as to protect historic structures and places of interest, views of Bicentennial Park and Biscayne Bay from principal public view points and provide visual access appropriate to public needs and needs of occupants of adjoining or nearby properties. 5. Driveways providing access to parking structures, off-street loading, or lots shall not cross designated pedestrian ways (arcades or the like) on north -south public rights -of -way if other access is reasonably feasible (NW 9th Street and NW 2nd Court). Where no other access is available, measures as will minimize interruption of pedestrian flow shall be required. 6. The location and number of access points to public rights -of -way, separation of vehicular and pedestrian traffic, and the arrangement of parking area shall be safe, secure, and convenient. Submitted into the public record in connection with item # 10 on IO-di-i—jl . Priscilla A. Thompson City Clerk