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SOUTHEAST OVERTOWN/PARK WEST
AND OMNI
COMMUNITY REDEVELOPMENT AGENCIES
INTER -OFFICE MEMORANDUM
SEOPW & Omni Board of Directors Meeting
September 26, 2005
Item# 5
To: Chairman Johnny L. Winton
and Members of the CRA Board
Date: 09/15005 File: 05-00876
Subject: Resolution for Grant to Greyhound
For Facade Enhancements to
Renovation Project
From: Frank K. Rollason References:
Executive Director
Enclosures: Supporting Documentation;
Legislation
RECOMMENDATION:
It is recommended that the Board of Directors for the Southeast Overtown Park West Community
Redevelopment Agency (SEOPW CRA) approve and adopt the attached Resolution authorizing the
Executive Director to issue a Grant in an amount not to exceed $90,000.00 to Greyhound Lines, Inc., for the
purpose of enhancing the facade design for the new bus terminal project located at the current bus
maintenance facility at 1151 NW 151 Avenue in Park West.
JUSTIFICATION:
Greyhound Lines, Inc, is in the process of renovating the current bus maintenance facility (letter attached) in
Park West to incorporate a bus terminal (estimated cost of $1,086,000.00) which will allow the small house -
like bus terminal located on NE 10th Street between North Miami Avenue and NE 1 st Avenue to be
demolished (photo attached). In discussions with Ms. Deanna Simsek, Greyhound's Assistant Director of
Real Estate, we requested that they incorporate an enhanced facade more in line with the Dover Kohl
Redevelopment Plan Update for the SEOPW CRA. Working with us, they were able to incorporate some of
the basic foundations to allow for the enhanced facade, but require additional funding to finish it out through
construction. They have requested a grant from the SEOPW CRA for this purpose in an amount not to
exceed $90,000.00. This facility will incorporate the new bus terminal which was previously under
consideration for location on Brickell and later abandoned due to opposition of local residents. With the
SEOPW CRA developing at the rate that it is, we want this new facility to add to the neighborhood and not
detract with a warehouse/institutional facade. It is believed that these facade enhancements allowed by the
issuance of this grant will make that happen. The current Greyhound maintenance facility employs 107
people with 75 being from the immediate neighborhood. In addition, it is anticipated that 5 new jobs will
become available as the facility is expanded to include the Bus/Ticketing Terminal. The issuance of this
grant complies with Redevelopment Objectives of the current SEOPW Redevelopment Plan in 1)
Removing slum and blighted conditions, 2) Reinforcing the property tax base, and 3) Resolving existing and
future transportation conflicts.
FUNDING SOURCE: $90,000.00 from SEOPW TIF Account No. 689001.550108.6.940 entitled Other
Grants and Aids.
FKR/eh