HomeMy WebLinkAboutCRA-R-04-0002 PAC Parking Study BackupUL1 Southeast Florida/Caribbean
Lilt Southeast florida/Canribbean District Council
327 S.W. 12th Court
Fort Lauderdale, 1L 33315
954-522-0570
Fax 954-524-3341
coordinator®SEFtorida.uliorg
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Lk: -the Urban Land ;'stitute
1025 Thomas Jefferson; Street, N.W.
Suite 500 West
Wastrington, D.C. 20007-5201
800-321-5011
ri�rH. ufi.org
Urban Land Institute
Southeast Florida/Caribbean District Council
Technical Assistance Program Panel
For
Miami -Dade County Public Schools
And
Miami Performing Arts Center
May 3&4, 2004
Doubletree Grand Hotel
Miami, Florida
Executive Summary
The cooperative effort being undertaken by the School Board and the Performing
Arts Center provides an excellent opportunity to advance several public objectives in the
area. A well -conceived project, or. projects, can solve the parking needs of the two
Sponsor groups while also stimulating redevelopment in the area with housing and street
level retail and restaurants. Such redevelopment also could strengthen the educational
objectives of Miami -Dade Community College and Miami International University.
Arts and educational facilities can be strong attractors of new residential, retail,
and restaurant uses in a neighborhood. The subject Arts/Education neighborhood is also
attractive for such development with its proximity to Biscayne Bay, I-95, the Metro
Bus/Metromover Station, Bicentennial Park, and the Miami International Airport.
The challenge is to devise development opportunities which will attract the
private capital necessary to build the required parking for the Sponsor groups at no cost
to them. To achieve that result, the development opportunities need to allow private
sector developers to invest the funds necessary for the Sponsors' parking structures while
achieving enough other profit -making development to realize a reasonable rate of return
on that investment as compared to other investment opportunities. In addition to making
land available, other incentives need to be devised by the various public entities to make
the proposed development opportunities competitive with other opportunities.
The current School Board RFP focuses only on one site. While that site could
satisfy physically the School Board's need for 750 spaces, it could not support enough
additional development to attract private capital to build those spaces. Also, the site
cannot provide, in an acceptable manner, the 1,500 to 1,800 spaces needed by the Arts
Center. The TAP Panel believes that seeking proposals on multiple sites would produce
better results for the Sponsors and for the neighborhood. In addition, the Arts Center
would be better served by dispersed parking facilities in light of the locations of the main
entrances to the two performance halls at the northeast and southwest quadrants of the
Arts Center complex.
The TAP Panel identified seven potential sites for parking/mixed use projects
within a block of the Arts Center. The Panel performed preliminary site analyses to test
physical feasibility. Those analyses are set forth in this report. In addition, the Panel
made strategy recommendations, general observations and suggestions, and
recommendations on revisions to some of the terms of the RFP, all of which are included
in this report.
The TAP Panel believes that it is essential that a multi-agency/stakeholder task
force be established immediately to ensure the best collaboration for a timely and
appropriate solution to the School Board and Arts Center's objectives. A substantial
amount of time will be needed to select and conclude a contract with a developer, or
developers, to obtain project approvals, to develop construction documents, to let
construction contracts, and to complete construction. Since the Arts Center needs
parking by May of 2006, the TAP Panel recommends that the Arts Center immediately
develop an interim parking plan.
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