HomeMy WebLinkAboutCRA-R-09-0049 Amended 2009 Plan Attachment 09-24-09OMNI REDEVELOPMENT DISTRICT :
COMMUNITY REDEVELOPMENT AGENCY
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09/24/09
:OMNI AREA COMMUNITY REDEVELOPMENT PLAN
• AMENDED 2006 BY ZYSCOVICH ARCHITECTS
UPDATED 2009 BY THE CITY OF MIAMI COMMUNITY REDEVELOPMENT AGENCY (CRA)
Omni CRA Redevelopment Plan FINAL DRAFT
ACKNOWLEDGEMENTS
The Omni CRA Plan Update prepared in 2006 by Zyscovich Architects, Inc. with support from George
Henry George Partners, David Plummer and Associates, Gunster, Yoakley & Stewart, P.A. and Greater
Miami Neighborhoods and updated in June 2009 by the City of Miami Community Redevelopment
Agency with support from the City of Miami Planning Department. The team extends our sincere thanks
and appreciation to the many people who devoted their time, energy, intelligence and imagination
to developing a renewed vision for the Omni CRA.
CRA Board of Directors
Angel Gonzalez, Commissioner, District 1
Marc Sarnoff, Commissioner, District 2
Joe Sanchez, Commisioner, District 3
Tomas Regalado, Commissioner, District 4
Michelle Spence -Jones, Chairperson, Commisioner, District 5
City of Miami Officials
Manuel A. Diaz, Mayor
Pedro G. Hernandez, City Manger
Larry Spring, CFO/City Manager
Ola A. Aluko, Director of Capital Improvements & Transportation/City Manger
Miami Community Redevelopment Agency and Staff
James Villacorta, Executive Director
Clarence Woods, Assistant Director
Chelsa Arscott-Douglas, Policy & Program Development Administrator
Jessica Pacheco, Staff Counsel to the CRA
Gail A. Dotson, Assistant City Attorney/General Counsel
2006 Omni Steering Committee
Julie Grimes, Doubletree Hotel
Eugene Rodriquez, Big Time Productions
Gill Terem, Gili's Cafe
Ronald Cantwell, Omni Advisory Board
Gary Donn, Florida Department of Transportation
Dana Nottingham, Downtown Development Authority
Omni CRA Redevelopment Plan FINAL DRAFT
ACKNOWLEDGEMENTS
David Martin, Terra International Development LLC
Avra Jaine
Stanley Krieger, Braman Management
Carole Anne Taylor, Performing Arts Center
Julian Linares, The Grand Condominium
Also, special thanks to:
City of Miami Planning Department
• City of Miami City Manager's Office Division of Economic Initiatives
City of Miami City Manager's Office Division of Transportation Administration
• City of Miami Department of Capital Improvements
• Omni Advisory Board
Omni CRA Redevelopment Plan FINAL DRAFT
TABLE OF CONTENTS
•
•
EXECUTIVE SUMMARY
1. INTRODUCTION
1.1 Purpose 1
1.2 Planning Process 2
1.3 CRA Location and Regional Context 3
Omni CRA Location; Transportation Assets; Job Centers; New Development
Performing Arts Center/Entertainment Districts
2. EXISTING CONDITIONS
2.1 Existing Land Use 8
Vacant Land and Surface Parking
2.2 Future Land Use 10
2.3 Existing Zoning 11
2.4 Existing Land Ownership 13
Major Stakeholders
2.5 Urban Form 14
Urban Barriers; Development in Process
2.6 Existing Infrastructure 16
2.7 Transportation 17
Planned Projects; One-Way/Two-Way Streets; State/County Roads
2.8 Parking 23
2.9 Existing Greenspace 24
2.10 Existing Streetscapes/Pedestrian Network 25
3. MARKET ANALYSIS SUMMARY
3.1 Retail Market Analysis 26
Convenience Goods and Services; Shoppers' Goods Retail; Food and Beverage Retail
Entertainment Retail
3.2 Office Market Analysis 28
3.3 Hotel Market Analysis 29
3.4 Residential Market Analysis 30
Omni Housing Submarket; Population/Household Trends and Character
Housing Trends and Character; Demand/Need for Housing
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Omni CRA Redevelopment Plan FINAL DRAFT
TABLE OF CONTENTS
4. REDEVELOPMENT PLAN OVERVIEW
4.1 Historical Form 35
Historical Context
4.2 Redevelopment Vision 38
4.3 Revisions from the Original Plan 40
1986 Omni Land Use Plan; 1986 Omni Transportation Network
4.4 Plan Objectives 41
4.4.1 Connectivity 43
4.4.2 Sustainable Regional Destination 49
4.4.3 Variety of Housing 50
4.4.4 Improvements to the Public Realm 51
4.4.5 Promote Public/Private Development 52
5. PROJECTS AND STRATEGIES 53
5.1 Public/Private Development Strategies 54
Miami Herald Properties; City of Miami and School Board Properties
Potential Convention Center Facilities
5.2 Regulatory Strategies 63
Proposed Zoning Changes; Media/Entertainment District Expansion
Design Guidelines
5.3 Improving the Public Realm 73
Neighborhood Greenspace; Baywalk; Streetscapes; Historic Preservation
5.4 Transportation and Infrastructure 87
Miami Streetcar; Street Reconstruction; Bayshore Drive Extension;
17th Street/FEC Crossing; 2-Way Conversions; Water and Sewer Upgrades
5.5 Social Needs Strategies 94
Implicit Goals; Principle Underlying Strategies; Strategies for Improvement
5.6 Project Priorities and Action Items 99
High Priority Items; Medium Priority Items; Low Priority Items
6. CAPITAL IMPROVEMENT COSTS AND PRIORITIES 103
6.1 Miami Herald Properties 104
6.2 City of Miami and School Board Properties 105
6.3 PAC Parking 106
6.4 Convention Facilities 107
6.5 Baywalk 108
6.6 Streetscapes 109
6.7 Historic Preservation 110
6.8 Neighborhood Greenspace 111
6.9 Miami Streetcar 112
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Omni CRA Redevelopment Plan FINAL DRAFT
TABLE OF CONTENTS
6.10 17th Street/FEC Crossing 113
6.11 Street Reconstruction 114
6.12 2-Way Conversions 115
6.13 Water and Sewer Upgrades 116
6.14 Infrastructure 117
6.15 CIP Cost Summary 118
7. FINANCING PLAN 119
7.1 Market Oriented Economic Development Strategy 120
Places and Infrastructure; Development Opportunities Areas; People
7.2Assessing the Financial Needs for Plan Implementation 125
Public/Private Development Initiatives; Public Realm Improvements
Supporting Transportation and Infrastructure
7.3 Establish The Redevelopment Financing Principles 130
Use a Multiple Funding Approach; Tax Increment Leveraged Bond Financing
Maximize Public/Private Financing; Optimize Flexible Funding Approach
Provide for Maintenance of Improvements
7.4 Identifying Funding Sources and Tools 132
7.4.1 Miami -Dade County Economic Resources and Incentives 133
Tax Increment Financing; Enterprise Zones; Property Tax Abatement
Refund of Impact Fees; Economic Development Transportation
Fund (Road Fund)
7.4.2 City of Miami Economic Resources and Incentives 136
Tax Exempt Districts
7.4.3 Federal Funding Sources 137
CDBG Funding; Home Investment Partnerships (HOME) Program
HUD Section 108 Loan Guarantees; Economic Development Administration
EDA Investment Programs; EDA Partnership Planning; New Market Tax Credits
7.4.4 Florida Economic Resources and Incentives 146
State Housing Initiatives Partnership (SHIP) Program; State Department Incentive Loan (SHIP) Program
Miami -Dade Empowerment Zones; Bond Financing
7.5 Funds Sources and Uses 149
Streetscapes; Street Improvements; Public/Private Projects; Infrastructure
Affordable/Workforce Housing; Business Loans; Sources and Uses Matrix
7.6 Sample Project Financing Strategies 154
Retail Development; Office Development; Hotel Development
III
Omni CRA Redevelopment Plan FINAL DRAFT
TABLE OF CONTENTS
8. NEIGHBORHOOD IMPACT
8.1 Acquisition, Demolition and Relocation 160
8.2 Traffic Circulation 161
8.3 Environmental Quality 162
8.4 Community Facilities and Services 163
8.5 Effect on School Population 164
9. PLAN MANAGEMENT
9.1 Powers of the Omni CRA 165
9.2 Modifications to this Redevelopment Plan 171
9.3 Safeguards and Assurances 172
Safeguards to Ensure Financial Accountability
Safeguards to Ensure Proper Implementation and Project/Program Accountability
Providing for a Time -Certain and Severability
APPENDICES:
APPENDIX A: Legal Description
APPENDIX B: Infrastructure Inventory
APPENDIX C: Boundary Expansion
APPENDIX D: (Under Separate Cover): Proposed Boundary Expansion: Finding of Necessity
APPENDIX E: (Under Separate Cover): Omni Housing Policy and Housing Plan
APPENDIX F: (Under Separate Cover): Omni CRA Redevelopment Plan Market Analyses
APPENDIX G: (Under Separate Cover): Housing Needs of Central Miami by Submarket Areas
APPENDIX H: (Under Separate Cover): Miami Downtown Transportation Master Plan
IV
Omni CRA Redevelopment Plan FINAL DRAFT
EXECUTIVE SUMMARY
ES
INTRODUCTION
The 2004 and the 2009 update to the Omni Area Redevelopment Plan, (herein after referred to a the
"Plan Update" or "Redevelopment Plan"), have been developed in accordance with Florida Statute
Chapter 163, Part III, Community Redevelopment (Community Redevelopment Act of 1969). The Plan
Update was commissioned by the City of Miami Omni Community Redevelopment Agency (CRA),
because the previous 1986 plan has been largely ineffective in facilitating redevelopment and solving
issues of slum and blight within the Omni Area. The Plan Update provides a conceptual framework and
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Omni CRA Redevelopment Plan FINAL DRAFT
EXECUTIVE SUMMARY
ES
1-95 Construction
Historically, the Omni area has transformed from a dignified low -density residential neighborhood, to a
series of regional shopping, educational and light industrial districts, to its present day condition as an
area bifurcated by urban barriers, the development of high -density luxury condominium development
and areas of slum and blight with relatively low development interest. Currently, the City of Miami `s
development industry is flat after experiencing a development boom during the first part of the 21 st
century which may prove to be the greatest growth period to date. Given the Omni area's regional
location and proximity to important centers of activity, major transportation systems, and within its
boundaries, the newly built of the Adrienne Arsht Center for the Performing Arts of Miami -Dade County
[Performing Arts Center or PAC], the Omni area is well situated to receive enormous redevelopment
activity in the coming years. The Plan Update serves to steer those efforts and support the creation of a
cohesive urban neighborhood with a unique identity and strengthened regional importance.
Historic NE 2nd Avenue
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Omni CRA Redevelopment Plan FINAL DRAFT
EXECUTIVE SUMMARY
ES
PLAN OVERVIEW
AND OBJECTIVES
The vision for the redevelopment of the Omni CRA district's based on fundamental principles to (1)
effectively diminish the negative impact of existing urban barriers, (2) to establish the area as a regional
hub for cultural and entertainment uses and to (3) provide for the development of sustainable mixed
income neighborhoods.
Within the Plan Update, diminishing the impact of existing urban barriers is of primary importance.
Redevelopment efforts must overcome a number of past developments, such as the construction of
the 1-395 expressway and the development of the Omni Mall, which have diminished the connective
urban fabric of the area with its neighbors and serve to bifurcate the area into a series of districts with
similar uses, but lacking a cohesive character, quality and connective public space. As a cornerstone
of the redevelopment effort, the Plan Update seeks to build on the future success of the Performing Arts
Center by providing a framework for the creation of a sustainable cultural, media and entertainment
district which will catalyze the redevelopment of those western areas most affected by slum and blight
conditions. This effort, coupled with improvements to the public realm, will serve to reconnect those
areas towards the east and Biscayne Bay, and in turn, create desirable conditions for the development
of adjacent neighborhoods with new opportunities for the development of a mix of housing choices.
In order to achieve these principles the Plan Update defines the following guiding objectives (further
explained in Section 4) to serve as a benchmark for redevelopment projects and the overall management
of the CRA:
A.) Connectivity
Provide for greater connectivity by diminishing the impact of existing urban barriers to redevelopment
and promoting regional transportation;
B.) Sustainable Regional Destination
Create a sustainable regional destination and identity by capitalizing on the development of the
Performing Arts Center and the Media/Entertainment District;
C.) Variety of Housing
Provide incentives for the development of a variety of housing choices;
D.) Improvements to the Public Realm
Create opportunities for new development through improvements to the public realm; and
E.) Strategies for Public/Private Development
Provide incentives and strategies for public/private development.
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Omni CRA Redevelopment Plan FINAL DRAFT
EXECUTIVE SUMMARY
ES
PROJECTS OVERVIEW
OBJECTIVES
Connectivity
Sustainable Regional Destination
Variety of Housing
Improve to the Public Realm
Public Private Development
SUPPORTING PROJECTS
Public/Private Strategies
Omni Mall
Miami Herald
City of Miami Properties
School Board Properties
PAC Parking
Convention Facilities
Regulatory Strategies
Entertainment District Expansion
Zoning Strategies
Design Guidelines
Improving the Public Realm
Baywalk
Streetscapes
Historic Preservation
Neighborhood Greenspace
Transportation/Infrastructure
Miami Streetcar
17th Street/FEC Crossing
Street Reconstruction
2-way Streets
Water and Sewer Upgrades
Infrastructure
The Plan Update identifies a series of projects that serve to meet the objectives of the plan. The projects
and strategies are further identified and explained in Section 5 of this document.
A) Strategies for Public/Private Development
Public/Private development projects range from an ambitious vision for the redevelopment of the
Omni Mall to strategies for the development of PAC parking and educational facilities to general
improvements to the public realm.
B) Regulatory Strategies
Regulatory strategies range from simple amendments to the zoning atlas to the creation of new zoning
overlays and design guidelines to the development of an inclusionary housing ordinance to secure
mixed -income housing in the area.
C) Improving the Public Realm
Improvements to the public realm include streetscape and greenspace enhancements, historic
preservation of building and an ambitious solution for the creation of a continuous Baywalk.
D) Transportation and Infrastructure
Transportation and Infrastructure projects ranges form the construction of the Miami Streetcar project
to recommendations on traffic flows to upgrades to the water and sewer infrastructure.
Additionally, the Plan Update proposes the expansion of the existing CRA boundaries toward the west,
effectively "closing the gap" between the Omni and Southeast Overtown Park West CRA's. The proposed
expansion area clearly meets slum and blight conditions as defined by Florida Statute 163, and the
inclusion of this area will serve to mitigate those conditions while also providing additional opportunities
for the development of affordable and workforce housing. The boundary expansion proposal is provided
in Appendix D.
Public/Private Development
Regulatory Strategies
Improvements to the Public Realm
IV
Omni CRA Redevelopment Plan FINAL DRAFT
EXECUTIVE SUMMARY
ES
Overall Vision Diagram
1) Improved Connectivity
2) Miami Herald and Surrounding
Properties Redevelopment
3) Performing Arts Center
4) Area Capture Parking
5) Media/Entertainment District
6) Baywalk
7) Streetscapes
8) Historic Preservation
9) Neighborhood Greenspace
10) Variety of Housing
11) Neighborhood School
V
Omni CRA Redevelopment Plan FINAL DRAFT
INTRODUCTION
1
1.1IIPURPOSE
The purpose of this document is to update the Omni Area Redevelopment Plan approved by the Miami
City Commission in 2006. The original plan was approved in 1986 and amended in 1987. Because the
1986 Plan has been largely ineffective in facilitating redevelopment and solving issues of slum and
blight within the Omni Redevelopment Area, the Omni Community Redevelopment Agency ("CRA")
commissioned the 2006 update. The intent of this 2009 document, herein after referred to as the "Plan
Update", is to continue to guide the future redevelopment of the Omni Redevelopment Area and to
remove existing conditions of slum and blight by providing clear objectives and strategies to:
•• 1) Capitalize on current investments and development interest;
2) Provide for capital improvements to area infrastructure and the public realm; and
•
3) Facilitate future public/private development.
The Plan Update represents the initial phase of work in a two-phase effort. The second phase will build
upon the recommendations found within this document and will develop regulatory documents to
enforce the Plan Update. This potentially may include new zoning classifications, zoning overlay districts,
and design guidelines and standards.
The Plan Update recognizes that the redevelopment effort will occur over the course of many years and
that there will be inevitable changes within the development environment and practical limitations on
the implementation of redevelopment projects. Therefore, the diagrams and illustrations within the
document are intended to serve only as a visual aide to understanding the intent and implementation
of the many redevelopment objectives and strategies. To some degree, variations in project
implementation and execution should be expected and supported, provided that the general intent
and objectives of the Plan Update are met.
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Omni CRA Redevelopment Plan FINAL DRAFT
INTRODUCTION
1
1.2
PLANNING PROCESS
The Plan Update is governed by the Chapter 163, Florida Statutes, and must be approved by the CRA
Board of Commissioners, the Miami City Commission, and the Board of County Commissioners of Miami -
Dade County.
•• Section 163.362, Florida Statutes lists the required contents of the community redevelopment plan, as
. follows:
1) Legal description (see Appendix A)
2) Plan diagram including open space, street layout, limitations on building envelopes, density, and
properties intended for capital improvement projects (see Sections 4 and 5)
3) Relocation plan for low and moderate income housing if applicable (see Section 8)
4) Description of capital projects (see Sections 5 and 6)
5) Safeguards to implement the plan (see Section 9)
6) Assurances for replacement housing for displaced residents (see Section 8)
7) Cost projection (see Section 6)
8) Schedule for completing redevelopment activities (see Section 6)
In 2005, the CRA staff directed the consultant team to exceed these criteria and create a redevelopment
plan to identify private investment opportunities as well as public opportunities. This was accomplished
through a public participation process that included numerous individual meetings with Omni area
stakeholders and various neighborhood advisory committees. In addition, the CRA Board established
the Omni Steering Committee ("OSC"), chaired by former CRA Board Chair and City of Miami
Commissioner Johnny Winton, to provide guidance and input to the consultant team on a regular
basis. The OSC was composed of neighborhood business and property owners, representatives of the
Performing Arts Center Trust, and the Florida Department of Transportation ("FDOT"). The OSC was
instrumental in identifying impediments to attracting new development as well as opportunities for
neighborhood improvements.
The 2006 Plan Update was presented at publicly advertised meetings in April and May of 2005, with time
allotted for an exchange of ideas, comments and general feedback. Furthermore, the CRA extended
invitations to any interested party to have "one-on-one" meetings with the CRA staff and the planning
consultant to address any concerns they may have.
2
Omni CRA Redevelopment Plan FINAL DRAFT
INTRODUCTION
1
1.3
CRA LOCATION and
REGIONAL CONTEXT
Omni CRA Location
The Omni CRA is part of an inner city neighborhood which, typical to many redevelopment areas, is
physically and visually isolated from its surrounding environs by a series of urban barriers. Located within
the City of Miami, the Omni CRA is just north of the Central Business District ("CBD") and the Southeast
Overtown/Park West ("SEOPW") CRA. The area encompasses approximately 275 acres of land bounded
by Interstate 395 on the South, including Bicentennial Park, area West of the Florida East Coast Railway
to NW 1st Place on the West, NW 23rd Street on the North, and Biscayne Bay on the East, as well as the
southwest portion of Watson Island, as illustrated below.
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INTRODUCTION
1
Metromover/School Board Station
Transportation Assets
1.) Interstate 95
2.) Interstate 195
3.) Biscayne Boulevard
4.) Interstate 395
5.) Venetian Causeway
6.) MacArthur Causeway
7.) People Mover
8.) Metrorail
Given the location of the Omni CRA within the region, there are several assets which should benefit the
area's overall redevelopment, including proximity to major transportation infrastructure, significant job
centers and residential development.
Regarding transportation, the Omni CRA is directly accessible from Interstate 95 via 1-395 and indirectly
via 1-195 and Biscayne Boulevard. Also included are two of the three area causeways which connect
Miami to Miami Beach: the MacArthur Causeway (1-395) and the Venetian Causeway. In addition the
area is serviced by the Miami-Dade's Metromover, which in turn, provides accessibility to the regional
Metrorail system.
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INTRODUCTION
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Jackson Memorial Hospital
Job Centers
1.) Midtown Miami
2.) Jackson Memorial Hospital
3.) Port of Miami
4.) Downtown Miami
Central Business District
5.) Miami Beach
Regional job centers within proximity to the Omni CRA include the Civic Center/Jackson Memorial
Hospital, Downtown Miami, the Port of Miami and Miami Beach. Also, within the Omni and downtown
areas, the City of Miami, Miami -Dade County, the Miami Herald and Miami -Dade College are significant
employers. These job centers employ a large amount of the local workforce and present opportunities
for the development of stable and sustainable residential communities within the Omni area. The
development of a variety of housing choices is a fundamental component of the Plan Update.
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Omni CRA Redevelopment Plan FINAL DRAFT
INTRODUCTION
1
Quantum Construction and Fingers
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New Development
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Planned
Miami is experiencing a significant amount of new development in and around the Omni CRA that is
currently under construction or in various planning stages. The majority of the developments are occurring
to the north and south of the Omni area but there are a significant number within the CRA itself. These
new developments are primarily oriented toward a luxury residential market and will provide a significant
amount of tax increment to fund CRA improvements. In addition, as a result of this development, the
area's local population will greatly increase providing market demand for new commercial and office
uses.
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INTRODUCTION
1
Performing Arts Center
Performing Arts Centerl •
Entertainment Districts
Performing Arts Center
Florida Opera House
Entertainment Districts
The most significant development within the Omni CRA in many years is the construction of the Performing
Arts Center. Completed in late 2006, the PAC consists of a 2,500 seat opera house and 2,200 seat
symphony hall. Coupled with the adjacent development of the Florida Opera House to the north, the
Performing Arts Center serves as a cultural cornerstone for the Omni area and will benefit the further
development of the existing media and entertainment districts. The Omni CRA currently contributes tax
increment funds towards the debt service of the bonds issued for the construction of the PAC.
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EXISTING CONDITIONS
2
2.1
EXISTING LAND USE
Existing Land Use
1) Biscayne Boulevard
▪ Cemeteries
I Communications , Utilities, Terminals , Plants
Industrial
▪ Institutional
Low -Density Multi -Family
Multi -Family, Migrant Camps
Office
Parks (Including Preserves & Conservation)
▪ Shopping Centers, Commercial, Stadiums, Tra
Single -Family
Streets/Roads, Expressways, Ramps
Townhouses
Transient -Residential (Hotels/Motels)
▪ Two -Family (Duplexes)
Vacant Unprotected
Water
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As indicated in the 1986 Plan and represented in the 2009 Update Plan in the graphic below, several
different categories of land uses are present in the Omni CRA. East of Biscayne Boulevard, land uses are
rapidly changing with residential developments, but of particular interest is the amount of vacant land
and lack of residential uses west of Biscayne Boulevard. These areas are of primary interest in the
redevelopment effort and reaching the housing objectives of the Plan Update.
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EXISTING CONDITIONS
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Vacant Land and
Surface Parking
1) NE 2nd Avenue
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Vacant Land
Surface Parking
Parking Garages
Within the Omni CRA, there currently exists a substantial quantity of vacant and underutilized land
(surface parking), particularly west of NE 2nd Avenue. These properties contain significant opportunities
for catalytic redevelopment projects.
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9
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
2.2
FUTURE LAND USE
CITY OF MIAMI
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City of Miami •
Future Land Use :
1) NE 2nd Avenue
Restricted Commercial
General Commercial
High Density Multifamily Residential
Medium Density Multifamily Residential
Industrial
Institutional/Public
Central Business District
Duplex - Residential
Recreation
The Miami Comprehensive Neighborhood Plan (April 2004) designates the future land uses for the Omni
area as primarily Restricted Commercial (C-1) east of NE 2nd Avenue and General Commercial (C-2)
west of NE 2nd Ave. The primary differences between these two designations is that C-2 allows a lower
residential density and allows for a wider range of commercial activities than that permitted by C-1.
Additionally, the comprehensive plan designates the Omni CRA as a specially designated area allowing
for a residential density of 500 units per acre.
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Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
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2.3
EXISTING ZONING
Existing Zoning •
1) NE 2nd Avenue
R-3 Multi -family Medium Density
R-4 Multi -family High Density
C-1 Restricted Commercial
C-2 Liberal Commercial
CBD Central Business District
G/I Government) Institutional
I Industrial
PR Parks / Recreation
SD-6 Central Commercial Res.
SD-6.1 Central Commercial Res.
SD-20 Edgewater Overlay
O SD-20.1 Edgewater Overlay
SD-19 Designated FAR District
Existing Zoning Districts in the Omni are, again, largely defined by NE 2nd Avenue with higher densities
and restricted commercial uses on the east and lower densities and a wider array of commercial uses
on the west. The Plan Update proposes a number of zoning change projects in the "Projects and
Strategies" section of this document and the regulatory (zoning) components of these changes will be
accomplished in the second phase of work.
1
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11
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
Existing Zoning
Summary
Below is a summary of the allowances and entitlements of existing zoning districts within the Omni
Area.
ZONING DISTRICT
INTENT AND USES
DENSITY
UNITS/ACRE*
HEIGHT
FLOOR
AREA
RATIO
C-1
RESTRICTED
COMMERCIAL
Office, mixed -use or commercial activities which generally serve the daily
retailing and service needs of the public. Residential as per R-4.
150
*500
Unlimited
1.72
C-2
LIBERAL
COMMERCIAL
Commercial activities which serve the needs of other businesses, require
extensive loading facilities, and often benefit from proximity to industrial
areas. Residential as per R-3 or higher by special exception.
65 or
Higher
*500
120' or 10
stories
1.72
CBD
CENTRAL BUSINESS
DISTRICT
Mix of uses ranging from high -density multi -family residential to high -intensity
office uses with retail uses on the lower floors.
1000
Unlimited
Unlimited
0
OFFICE
Permanent and transitory residential facilities such as hotels and motels,
general office uses, clinics and laboratories and limited commercial
activities incidental to principal uses, limited services and supporting
facilities.
150
*500
Unlimited
1.72
G-I
GOVERNMENT AND
INSTITUTIONAL
Facilities for federal, state and local government activities, major public or
private health, recreational, cultural, religious or educational activities,
major transportation facilities, public utilities, and public and private
cemeteries.
150
*500
Unlimited
1.72
PR
PARKS, RECREATION
AND OPEN SPACE
Public and private parks, recreational facilities, educational and cultural
facilities, marine and marina facilities, entertainment facilities, social and
health related facilities, public safety, and City of Miami administrative
facilities.
-
-
-
R-2
TWO-FAMILY
RESIDENTIAL
Two-family or duplex residential. Supporting services such as places of
worship, primary and secondary schools, daycare, community based
residential facilities and convenience establishments.
18
25'
0.6
R-3
MULTI -FAMILY
MEDIUM DENSITY
RESIDENTIAL
Multi -family structures including low-rise apartment structures. Supporting
services such as places of worship, primary and secondary schools,
daycare, community based residential facilities and convenience
establishments.
65
50'
0.75
R-4
MULTI -FAMILY HIGH
DENSITY RESIDENTIAL
Multi -family structures including high-rise apartment structures. Supporting
services such as places of worship, primary and secondary schools,
daycare, community based residential facilities and convenience
establishments.
150
*500
Unlimited
1.72
SD-6 & 6.1
CENTRAL
COMMERCIAL
RESIDENTIAL
Provide supporting and complementary high -density residential, office and
major retail and entertainment to the Central Business District. (6.1) Promote
development of a mixed -use complex, including a public performing arts
center.
500
Unlimited
Varies
Up to 8.4
* The Miami Comprehensive Neighborhood Plan allows for a residential density of 500 units per acre
12
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
2.4
EXISTING LAND
OWNERSHIP
i
Major Stakeholders
City of Miami
School Board
PAC
Miami Herald
Omni Mall
Although there are numerous property owners in the Omni area, there are several major stakeholders
who will undoubtedly play a large role in the redevelopment effort, due to the fact that they have a
concentration of land holdings or control very large parcels. These stakeholders include the City of
Miami, the Miami -Dade County School Board, the Miami Herald, the Performing Arts Center Trust and
the owners of the Omni Mall. A number of the redevelopment strategies within the Plan Update are
based on the public/private redevelopment of these holdings.
13
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
2.5
URBAN FORM
Urban Barriers
1) Florida East Coast Railway
2) Biscayne Boulevard
3) Omni Mall
4) Miami Herald
5) 1-395
One of the greatest challenges of the redevelopment effort will be to overcome existing visual and
physical barriers and reestablish a consistent urban fabric with surrounding environs. Urban barriers in
the Omni area not only segregate the area from neighboring portions of the City, but also segregate
the Omni CRA area within its own boundaries. These barriers include the Florida East Coast Railway, the
elevated 1-395 expressway, mega -structures such as the Miami Herald and the Omni Mall and, to a lesser
degree, Biscayne Boulevard. The Plan Update proposes strategies to mitigate these barriers by establishing
a greater level of connectivity within the CRA.
14
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
A number of developments are currently under construction or in various planning stages in the Omni
area. They are primarily composed of high -end residential condominiums (east of Biscayne Boulevard),
but a major new retail complex composed of "stacked" vertical "Big Box" stores should add an important
retail component to the area. Also, the potential for new schools in the area would further the viability
of sustaining a mix of households. The construction of the Performing Arts Center is largely responsible
for the renewed development interest and should serve as a regional destination anchor.
Development Status:
in Process or Completed
1) Cite - completed
2) Quantum on the Bay - completed
3) 1800 Club - completed
4) Opera Tower - completed
5) Biscayne Tower - completed
6) Ellipse
7) Potential School
8) Bayview Marketplace
9) Parc Lofts - completed
10) Cardinal Symphony
11) The Filling Station
12) Florida Opera House
13) Performing Arts Center - complete
15
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
2.6
INFRASTRUCTURE
Existing Infrastructure
1.) AT&T Fiber Optic Cable Network
2.) Communication Network Data
Route
3.) FPL Fiber Optic Facilities
4.) MCI Western Union Conduit
5.) QWEST Fiber Optic Cable
Network
6.) Sewer (Gravity) Lines
7.) Signalized Intersections
8.) TECO People Gas
9.) Water Mains
As part of the Plan Update process, the existing infrastructure in the Omni area has been inventoried
and is illustrated below (and further in Appendix B). The inventory includes fiber optic facilities and data
routes, water and sewer lines, natural gas, and signalized intersections.
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16
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
2.7
TRANSPORTATION
Streetcar, Portland, OR
Planned Projects:
Streetcar & Baylink
Interstate 95
People Mover
Metrorail
Biscayne Boulevard
Future Baylink
Future Streetcar
As indicated in the introduction, the Omni area is well situated with respect to regional transportation
including direct interstate access, a major county bus terminal and the People Mover system (providing
access to Metrorail). Projects that are currently in planning stages and would benefit the regional
connectivity of the area include the Miami Streetcar and future modifications to the 1-395 expressway.
The proposed Miami Streetcar is similar to light rail, except that it operates directly on the street and is
mixed with traffic, is somewhat smaller than typical light rail systems and is much less expensive to build
and operate. At the time of this writing, a feasibility study for the Miami Streetcar has been completed
and a preliminary alignment has been established. Within the Omni CRA, the Streetcar is planned to
operate primarily on NE 1st and 2nd Avenues. Aside from providing a safe, attractive alternative
transportation mode, the Streetcar could play a major role in attracting and shaping development in
a sustainable manner and will contribute to establishing an identity for the Omni area.
L
CBD
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17
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
Planned Projects:
1-395 Options
Existing conditions under 1-395
The 1-395 expressway is perhaps the most significant urban element that impacts the Omni area and its
connectivity with downtown Miami and adjacent neighborhoods. Over the last few years, a number of
proposals have been set forth to reduce its impact on both the Omni and SEOPW redevelopment
districts and the CBD. The proposals include two basic scenarios, horizontally shifting the alignment or
splitting the facility, with variations for each. The options for the vertical alignment vary from a depressed
open cut, an at -grade boulevard or a super -elevated option. Each of these options poses a different
future for the facility's surrounding properties and development options. The FDOT is currently conducting
a PD&E process to determine the most feasible option, a process which typically requires several years.
Given this, and the fact that the facility is technically not within the limits of the Omni CRA, the Plan
Update focuses on proposals for improving the at -grade cross connections and presenting solutions
which are applicable regardless of the final facility alignment.
•
Y
r72,011L
OR DEVELOP ENT
ama-1 r?
Option for realigning 1-395 and constructing an open trench or super elevated facility
.;.: -+,-V.
1•
kin
Option for super elevated "split" facility
4._11
i
18
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
One-WaylTwo-Way .
Streets
One-way Streets
Two-way Streets
As identified in the Miami Downtown Transportation Master Plan ("MDTMP"), the western portion of the
Omni CRA area has many one-way streets that make vehicular circulation cumbersome and confusing.
As with the MDTMP, the Plan Update proposes that a number of these streets be converted to two-way
traffic to provide a greater level of connectivity, calmer traffic conditions, greater pedestrian safety
and comfort.
_ - f7J Ili it zr�
ITEEIP
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urral
umJ _JELEJT2L..,i
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- �-ems rai■ i7qN
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AglEmmt,
19
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
StatelCounty Roads
State Roads
County Roads
The graphic below identifies the State and County roads within the district, and thus identifies the
entities with which coordination will be required to improve these facilities. Currently, both Biscayne
Boulevard and portions of NE 2nd Avenue have improvement projects in the planning stages initiated
by FDOT. The Plan Update provides a vision for these improvements within the Omni area.
J11l=111' 1■7 ■� ! i
20
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
Planned Projects: •
County Bike Route
Miami -Dade County's Department of Public Works has identified a county -wide network of improvements
for bicycle facilities. Within the Omni area, the bicycle network is planned to be connected primarily
along Bayshore Drive and the Venetian Causeway.
1
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t Bike Route
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21
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
Planned Projects:
Water Taxi
In January of 2003, the Miami -Dade MPO completed a study entitled "Feasibility of Utilizing Miami -Dade
County Waterways for Urban Commuter Travel". The Omni are is in close proximity to identified potential
routes within Biscayne Bay and could possibly include a water taxi stop near the Omni area hotels,
Margaret Pace Park or the Venetian Causeway.
figt
lsr:F
gra
I 7/UZI TIOVr1/ .11J,•1.111-DADI c.OUN7 }' 1I:17ERWAYS
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BISCAYNE BAY AREA
FROM GOLDEN BEACH TO CORAL GABLES
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a
a
22
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
2.8
PARKING
Existing Parking •
Surface Parking
Parking Garages
Planned Parking
(Miami Parking
Authority)
As discussed in the existing land use section, there are a number of surface parking lots and garages in
the Omni area. However, given the development of the Performing Arts Center and the increased
activity in the SEOPW entertainment district, there is currently a lack of available parking in the area. In
addition to the proposals identified in this Plan Update, the Miami Parking Authority is currently constructing
a series of surface parking facilities under the 1-395 expressway to serve both the SEOPW entertainment
district and the developing Media/Entertainment District in the Omni CRA.
fl5I1
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1,- I ..1.-1=711 11' 1' 11....31
II
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Existing Parking
:ri
sa
23
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
2.9
EXISTING GREENSPACE
Existing Greenspace
1.) Margaret Pace Park
2.) Miami Cemetery
3.) Dorsey Park Baseball Field
4.) Historic Fire Station #2 Mini Park
5.) Bicentennial Park (future Museum
Park)
6.) Biscayne Park
Margaret Pace Park
The Omni area has one primary greenspace where the recreational needs of area residents can be met.
Margaret Pace Park was recently renovated with great success and is heavily used. The renovation of
the park can also be credited for spurring development surrounding the park as it has become a true
asset to the community. The park is continually being improved thanks to the CRA and neighborhood
organizations such as the Omni Advisory Board. However, with the amount of upcoming development
in the area, the park will soon become overcrowded and the Plan Update identifies potential locations
for new greenspace. The Miami Cemetery, a historical landmark, is classified as greenspace but, given
k
2. Miami Cementer/ i' J .
' 3. Dorsey Park u.rin r ti C
4. Historic Fire Station no. 2 Mini -Park • - i _ �_
5. Bicentennial Par<(Frrture Museum Park) n,)silli
6. Biscayne Park r 1. - -1•
24
Omni CRA Redevelopment Plan FINAL DRAFT
EXISTING CONDITIONS
2
2.10
STREETSCAPES/
PEDESTRIAN NETWORK
1
Aside from issues of connectivity and efficient circulation, the streetscapes within the Omni area are, for
the most part, in poor condition. Generally, sidewalks in the CRA are in poor condition or in disrepair.
Landscaping is either inconsistent or nonexistent and lighting is also poor. Improvements to these
fundamental components of the public realm are one of the simplest ways to improve the urban
quality and are necessary to achieve redevelopment of the Omni CRA in its entirety.
NE 2nd Avenue looking south, with the new PAC on the
left.
N Miami Avenue looking south
NE 14th Street looking east, with the new PAC on the
right and the Miami Herald in the background.
Typical residential/light industrial street (N Miami Court)
looking south with People Mover in the backgound.
25
Omni CRA Redevelopment Plan FINAL DRAFT
MARKET ANALYSIS
3
3.1
RETAIL MARKET
ANALYSIS
Existing Grocery Store
There exists market support for increased retail development in the Omni district. The demand was
determined through an examination of the overall Miami -Dade County retail market, which consists of
several retail sub -markets, with particular focus on the Miami/Miami Beach sub -market.
The reason for this focus is twofold - position and competition. First, the convenience goods and personal
services, as well as shoppers' goods primary retail trade areas, are located in the Miami/Miami Beach
retail sub -market. Most customers tend to patronize retail establishments within a certain distance from
their residences and workplaces. These distances, as well as the retail establishments within them, are
covered by the assigned trade areas. Furthermore, it is reasonable to assume that patrons of current
and future retail establishments in the CRA will emanate from these areas. The second reason for focusing
on this specific retail sub -market is that most of the retail competition with any potential developments
in the CRA are located within the Miami/Miami Beach sub -market.
•• Further information on the market analysis is contained in Appendix E (under separate cover): Omni
• CRA Redevelopment Plan Market Analysis: June 2004.
Convenience Goods and
Personal Services .
The demand for retail services in the Omni district will continue to increase, in part, because of growth
in the number of households and household incomes, which is largely attributable to the development
of luxury housing units in the Omni district. Increased development of office space and hotels in the
areas proximate to the Omni district will also contribute to the increased demand for retail.
In 2008, there was market support for approximately 116,000 square feet of net new convenience retail
space in the Omni district. Another 56,000 square feet of net new supportable space could be developed
by 2018.
The plan recommends the development of one new 60,000 square foot supermarket and one new
•• 10,000 square foot drug store.
Shoppers Retail Goods •
•
It is projected that the Omni district will be able to support a total of 726,000 square feet of net new
shoppers' goods space by 2018. The development potential for such space is more long term and will
be influenced by the development of competitive shoppers' goods retail in areas proximate to the
Omni district.
26
Omni CRA Redevelopment Plan FINAL DRAFT
MARKET ANALYSIS
3
Food and Beverage •
Retail
Entertainment Retail
•
Retail Market Summary:
Convenience Goods and Personal Ser-
vices:
• 116,000 sf of net new convenience re-
tail space starting in2008; an additional
56,000 sf by 2018.
• One new 60,000 sf supermarket.
• One new 10,000 sf drugstore.
Shoppers' Goods Retail:
• 297,000 sf of net new shoppers' goods
space starting in 2008; an additional
429,000 sf by 2018.
Food and Beverage Retail:
• Potential for 20 new restaurants be-
tween 2008 and 2018.
Entertainment Retail:
• Opportunity to establish an activity .
center oriented towards the arts, spe- •
cialty shopping, eating and drinking.
There is market support for approximately 297,000 square feet of net new shoppers' retail goods space
in the Omni district by 2008. Another 429,000 square feet of net new supportable space could be
developed by 2018.
Today, underserved urban neighborhoods are often negatively stereotyped and defined by deficiencies
rather than strengths. As a result, urban residents lack access to basic goods and services at competitive
prices, and retailers and developers are unable to capitalize on the fundamental assets of urban com-
munities.
Total consumer demand for food and beverage retail in the Omni district in 2008 will be an estimated
$53 million and is projected to reach $77 million by 2018.
The upside potential of the food and beverage market analysis shows market support for the
development of 20 new restaurants between 2008 and 2018 in the Omni district. More conservative
estimates show market support 14 new restaurants in the Omni district.
The are several entertainment/retail districts in the Greater Miami area, with four major identified
competitive entertainment retail destinations, which included Bayside Marketplace, CocoWalk, Miami
Beach, and Main Street Mall in Miami Lakes.
Due to the fact that Bayside Marketplace is a entertainment retail complex that has received national
attentionand is less than a mile away from the Omni district, it would seriously hinder the opportunities
for similar entertainment retail development within the district.
On the other hand, there is an opportunity for the Omni district to establish itself as an activity center
oriented towards the media and performing arts, specialty shopping, and eating and drinking. To this
end, the City has designated three entertainment districts within and in close proximity to the Omni
CRA, including the Omni Media Entertainment District, the Park West Entertainment District, and the
Overtown Entertainment District. In this context, the extent to which such a strategy would be successful
is highly dependent upon resolving the policy issue regarding the inclusion of a rental housing mix as
part of the overall redevelopment plan.
27
Omni CRA Redevelopment Plan FINAL DRAFT
MARKET ANALYSIS
3
3.2
OFFICE MARKET
ANALYSIS
i
Office Space Class Description:
Class A: Newer properties of 100,000
sf or larger in prime business districts
offering many business amenities and
good access
Class B: Typically smaller and older
properties that have been renovated
and are in prime locations. Newer
Class B offices are not in prime
locations.
The demand for existing office space and the potential for developing new office space focuses on
three office sub -markets: the Biscayne Boulevard Corridor, Downtown Miami and Brickell Avenue. This is
due to location and competitiveness. First, the Omni district is located within the Biscayne Boulevard
Corridor office sub -market. Moreover, the downtown Miami and Brickell Avenue sub -markets are located
in close proximity. Second, the downtown Miami and Brickell Avenue sub -markets, which are two of the
most competitive office sub -markets in the county, are directly competitive with the Biscayne Boulevard
sub -market; therefore, they will pose direct competition to any potential Class A office space
development within the CRA.
• As of 2003, there were approximately 853,475 square feet of office space in the Omni area, which was
approximately two percent of the total inventory in Miami -Dade County.
Class C: Older properties that have not '
been renovated.
Office Market Summary:
• 409,800 sf of new office space between
2009 and 2018.
•
•
Less than 20 percent of the inventory identified in the Omni area sub -market was Class A office space.
Most of the office space in the district is Class B and Class C.
The conclusions about the future development potential of office space in the Omni district is based on
four, critical underlying assumptions. Under these assumptions, and using the methodology described in
the report, we have concluded that between 2009 and 2018 an estimated 409,800 square feet of new
office space could be absorbed in the Omni district office market.
28
Omni CRA Redevelopment Plan FINAL DRAFT
MARKET ANALYSIS
3
3.3
HOTEL MARKET
ANALYSIS
II
Hotel Market Summary:
• 200 room hotel by 2015.
The demand for hotel space within the CRA focuses on the Miami -Hialeah market, which consists of
several sub -markets including: Downtown/North Miami, Miami Beach, South Miami and the Airport.
There are three hotels within the Omni district hotel market,which includes the Hilton Hotel Miami
Downtown, the Marriott Biscayne Bay Hotel & Marina, and the Doubletree Grand Hotel. The total
number of hotel rooms and suites in the Omni district as of December 2003 was 1,279.
There are a number of new high profile mixed -use hotel developments in the areas around the Omni
district. At least four new projects that include hotel rooms are anticipated for completion in the next
five years with 1,334 rooms. By 2015 the Omni hotel market could support an additional 200-room hotel.
Such a hotel would be closer in size to the Double Tree rather than the two other larger scale hotels in
the Omni district previously mentioned.
The introduction of a new hotel in the Omni sub -market should be looked at as part of a longer -range
plan for the Omni district. Our analysis suggests the period of 2015 to 2022 depending upon occupancy
rates and market capture factors. The inclusion of a new hotel in the long range plan would help to
foster a synergy of land uses that will be driven by a diversified mix of housing, retail, eating and drinking.
The analysis suggests that a smaller boutique hotel could be introduced almost immediately once the
image of the area is enhanced by the Performing Arts Center, streetscape improvements, and the
attraction of additional food and beverage establishments.
29
Omni CRA Redevelopment Plan FINAL DRAFT
MARKET ANALYSIS
3
3.4
RESIDENTIAL MARKET
ANALYSIS
In the study entitled, Housing Needs of Central Miami by Submarket Areas, conducted by Reinhold P.
Wolff Economic Research, Inc., a broader area, defined as the Central Miami Area, was examined to
determine its current and anticipated future need for additional housing. Reinhold Wolff divides the
Central Miami Area into seven submarket areas, examining their demand for housing individually. The
seven submarket areas are: East Omni, West Omni, North Overtown, Civic Center, Core Downtown,
Brickell Village -Miami Riverfront, and West Brickell. The submarket area comparable to the Omni CRA
area are the East and West Omni submarkets, which boundaries are: for East Omni, South of 36'" Street
to 20'" Street, East of North Miami Avenue to Biscayne Bay, and for the West Omni, South of 36'" Street to
20'" Street, Dolphin Expressway, east of 1-95 to North Miami Avenue. Throughout this section and this
section only, we will be referring to the study areas as East Omni and West Omni, as referred to in the
aforementioned study.
It should be noted that a very small percentage of housing exists in the Omni area between NE 2nd
•• Avenue and the Florida East Coast Railway highlighted in the graphic below.
Omni Housing
Submarket •
•
■.R�.rj &361 x
-1,1(
335w"-.e-
III
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MNIHOUSING-SUBMARKET
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IAN-CSYV_Y-
30
Omni CRA Redevelopment Plan FINAL DRAFT
MARKET ANALYSIS
3
PopulationlHousehold .
Trends and Characters
•
It is estimated that as of 2003, the East and West Omni areas combined had a total population of
18,343, dominated by persons of Hispanic origin. When analyzed separately, the West Omni submarket
has experienced a steady decline in population since 1980, compared to the East Omni, among other
submarkets in the Central Miami Area, which has experienced a strong improvement in its growth.
The median age of residents in both submarkets is in the 30-year range. For these residents, the
character of employment falls under three main categories: management, professional and related,
service occupations, and sales and office occupations. The East Omni submarket is one of the Central
Miami Areas with the highest income per household, at $36,547, compared to the West Omni submarket,
which has the second lowest median income in the Central Miami Area, at $14,560 per household.
The East Omni submarket has both the second highest median renter and ownership household incomes,
each at $23,219 and $49,099, respectively. The West Omni submarket, once again, has the second
lowest renter and ownership household incomes, at $9,275 and $19,012 respectively. The average rent
in the East Omni area is at $649, compared to $492 at the West Omni area. The average value of a
home in the East Omni area is at $195,807, compared to the value of a home in the West Omni area,
which is only $83,925.
The median rent affordable to a resident of East Omni is $580. This is the second highest median rent
affordable for the Central Miami Area submarkets. For the West Omni area, the median rent affordable
is $232, found at the second lowest in the Central Miami Area. The median price affordable to an East
Omni household for an ownership unit is $119,802. The median price affordable to a West Omni household
for an ownership unit is $43,853, second lowest median price affordable in the Central Miami Area
submarkets.
31
Omni CRA Redevelopment Plan FINAL DRAFT
MARKET ANALYSIS
3
Housing Trends and
Character
The East Omni area has one of the largest housing supplies in the Central Miami Area, with 6,939 units.
Nevertheless, the West Omni area has experienced a steady decline in the number of available units
during the past two decades (from 1980 to 2000), having only 2,151 housing units. The West Omni area
has the oldest housing units from all the Central Miami Area submarkets, with a median of 42 years.
More than 75% of the units in the West Omni submarket are at 30 or more years old. Current development
in the East Omni Area is ownership oriented and, more specifically, condominiums. The developments
are upscale in character with rental apartments ranging from a low $880 to over $2,800 per month.
Ownership housing prices range from a low of about $193,000 to as high as two million for a penthouse
• unit.
Housing Market .
Conditions
As of December 2003, only two affordable and market rate rental developments were completed in
the East Omni Area, totaling 948 units (Bay Parc Plaza and Cite). Since then, three market rate/luxury
developments were completed in the Omni District [1800 Club, Quantum and Opera Tower Apartments]
totaling approximately 1856 rental units. Only one rental, [Pinnacle View] low income housing tax
credit development was being developed in the West Omni Area [outside of the Omni CRA area] with
a total number of units of 128, targeting rents between $504-574. For ownership housing, since December
2003, more than 10 developments were built in the East Omni /Edgewater Area, totaling over 4500
units. Prices range from the low $200s up to $2 million.
When analyzing the housing market conditions in its study, Reinhold Wolff analyzes in depth the Central
Miami Area as a whole, providing more of a general view rather than analyzing each sub market as an
individual area. Some specific references are made to sub market areas like East and West Omni,
where current market conditions are of higher impact on the Central Miami Area than sub markets,
such as East and West Omni.
The vacancy rate in apartment developments throughout the Central Miami Area appears to be subject
to considerable fluctuations, especially in the western sector. In part, this may be due to the relatively
small number of units in developments large enough to be included in a regular survey. A notable
change in the occupancy status of one development can have measurable impact on the vacancy
rate of the area as a whole.
32
Omni CRA Redevelopment Plan FINAL DRAFT
MARKET ANALYSIS
3
Apartment vacancy rates in the Central Miami Area have been impacted over the past two years by
the economic recession. As the economy continues to gradually recover, the vacancy rate, overall, is
declining. The Central Miami Area is a highly developed urban area with few sites available for new
development. New development in the area almost always replaces existing land uses. Most of the
new rental units have been built in the western sector of the Central Miami Area.
Apartment rents within the Central Miami Area vary notably among the different submarkets and from
one development to another. This situation results from the diverse character of the area and
developments. The developments range from luxury bay front projects in the North Brickell and East
Omni areas to small subsidized and lower -income affordable tax credit funded developments in the
Overtown and Core Downtown areas. All of the new ownership housing units sold in the Central Miami
Area since 1990 have been in the form of condominiums.
Throughout a 12-year period ending in June of 2003, there was an average of 78 new condominium
units sold annually in this area. Condominium unit sales in this area have been limited by the number of
units built. During the year 2003 there has been an increase in completed condominiums in the area
and sales during the first half of the year are at a pace equal to 304 units for the year. In addition,
condominium resales have increased in the Central Miami Area in recent years, a trend largely resulting
from record low mortgage interest rates and increased buying by investors looking for alternatives to
the financial markets.
33
Omni CRA Redevelopment Plan FINAL DRAFT
MARKET ANALYSIS
3
DemandlNeed for .
Housing
The analysis of future demand potential has been calculated focusing on growth prospects based on
both the potential to supply additional housing and the potential for such housing assuming that an
adequate supply of the character desired were offered. This analysis has been further complicated by
the recent surge in investment purchases of ownership housing stimulated by the historically low mortgage
interest rates and investors seeking alternatives to the financial markets.
The East Omni area has an estimated total demand potential for884 homeownership units, and 1,178
rental units for a total of 2,064 units. The bulk of the demand is in the moderate and upper middle
ranges. The West Omni area, contrary to East Omni, shows a very low demand for new units, with an
estimated total demand potential for 105 ownership units and 298 rental units, for a total of 394 new
units.
The existing demand for ownership housing covers a broad range of price groups form low price through
upper price. The bulk of the demand, however, is in the moderate price range. The largest share of
demand for rental apartments in the West Omni Area is in the very low rent range with the balance in
the low rent range. It should be noted that developers who are pursuing development opportunities
that exceed the projected demand noted in the Reinhold Wolff study will be bringing in people from
outside of the community to fill those units. It becomes the developer's risk that they will be able to
build the market for the units in excess of projected need.
34
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
4.1
HISTORICAL FORM
Historical Context:
"New" Land for Miami
Development
Original Shoreline
Margaret Pace Park
Omni Area Hotels
Miami Herald
Bicentennial Park
American Airlines Arena
Prior to creating a redevelopment vision, it is first important to understand the historical "form -givers"
of the area. Several components of Miami's historical development provide insight on the current
urban form of the general Omni area. The first, the creation of waterfront property by landfilling the
shoreline, can be traced to the early 1920's with the creation of Bayfront Park. This "creation" of property
continued northward from downtown Miami into the Omni district and eventually produced Bicentennial
and Margaret Pace Parks and the current sites of the Miami Herald, the Doubletree Grand Hotel &
Condo and Marriott Hotel. Prior to the creation of a new shoreline, Biscayne Boulevard and Bayshore
Miami's historical shoreline and landfill development
Above: The newly created Bayfront Park, Miami's `Front Yard"
(1929). Below: "New land" creation
35
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
Historical Context: •
The birth of
"Mega" structures •
Existing Streets
Streets "lost" due to
Development
The second component was the effort to create Miami's first "suburban" commercial destination, which
began with the development of Sears at 13th Street and Biscayne Boulevard in 1929. Later developments
would include the Jordan -Marsh department store in 1953, complete with its entrance oriented toward
a rear parking lot with 3,000 spaces. The Jordan Marsh building would eventually evolve into the Omni
Mall in the late 1970's. The Omni Mall, the Miami Herald Building (completed in 1960 )and the area hotel
development on the waterfront all play a role in segregating the remainder of the area from Biscayne
Bay through the overall scale of the buildings and their physical and visual obstruction to Biscayne Bay.
Omni area historical street grid
Sears (1929)
Omni Mall and area hotels
��+3�►�►4PInuIuIm
Miami Herald Building
36
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
Historical Context:
1-95 Construction
The third component occurred in the 1960's with the development of Interstate 95 and the 1-395 connector
to Miami Beach. These two roadways played a large role in the demise of the Overtown neighborhood
and served to sever the Omni district from downtown Miami. The result of these three components is a
series of urban barriers which serve to isolate the Omni area and diminish redevelopment potential.
Therefore, a major underlying theme within the Plan Update is improving connectivity by reestablishing
a more consistent urban fabric and thus improving the potential for future redevelopment of the Omni
area.
1-95 Construction
NE 2nd Avenue prior to 1-395 construction
1-395 at Biscayne Boulevard
Under 1-395
37
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
4.2
REDEVELOPMENT
VISION
OBJECTIVES
Connectivity
Sustainable Regional Destination
Variety of Housing
Improve to the Public Realm
Public Private Development
SUPPORTING PROJECTS
Public/Private Strategies
Miami Herald
City of Miami Properties
School Board Properties
PAC Parking
Convention Facilities
Regulatory Strategies
Entertainment District Expansion
Zoning Strategies
Design Guidelines
Improving the Public Realm
Baywalk
Streetscapes
Historic Preservation
Neighborhood Greenspace
Transportation/Infrastructure
Miami Streetcar
17th Street/FEC Crossing
Street Reconstruction
2-way Streets
Water and Sewer Upgrades
Infrastructure
The Plan Update provides a series of objectives, projects, strategies and regulatory proposals with the
goal of reinvigorating the Omni CRA as a vibrant and sustainable urban neighborhood. The vision
reflects a strategical analysis of the area's historical development, existing conditions, regional importance
and redevelopment potential; and was established in coordination with neighborhood organizations,
various agencies and departments of the City and County, the Omni Steering Committee and the
public at large. Fundamentally, the vision for redevelopment is threefold: 1) To effectively diminish the
impact of existing urban barriers on future redevelopment; 2) To establish the Omni area as a regional
hub for cultural and entertainment uses; and 3) To provide for the development of sustainable mixed
income neighborhoods.
Diminishing the impact of existing urban barriers is of primary importance. As illustrated in subsequent
sections, the Omni area has endured a number of developments which have effectively segregated
the area from neighboring parts of the city and from one of the area's greatest assets, Biscayne Bay. The
redevelopment vision provides a series of practical strategies and projects to diminish the impact of
these barriers and to reestablish a consistent and attractive urban fabric. The vision also seeks to build
on the growing success of the Performing Arts Center and looks to reinvigorate this part of the city by
providing a framework for the successful development of a regional cultural and entertainment district.
Projects include improved regulatory components and incentives that will ensure the Omni area has a
sustainable future as a regional destination. And finally, the Plan Update seeks to create sustainable
neighborhoods by providing a variety of housing choices and improvements to the public realm. Such
neighborhoods will reinvigorate development potential in nonresidential markets by providing a
permanent resident population base necessary to support such development.
38
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
Overall Vision Diagram
1.) Improved Connectivity
2.) Miami Herald and Surrounding
Properties Redevelopment
3.) Performing Arts Center
4.) Area Capture Parking
5.) Media/Entertainment District
6.) Baywalk
7.) Streetscapes
8.) Historic Preservation
9.) Neighborhood Greenspace
10.) Variety of Housing
11.) Neighborhood School
39
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
4.3
REVISIONS FROM THE
ORIGINAL PLAN
1986 Land Use Plan
1986 Transportation
Network
As stated in the Introduction, the Plan Update replaces the redevelopment proposals in the original
1986 Plan. However, the 1986 Plan contains a number of sound conceptual guidelines and redevelopment
objectives and, as such, applicable objectives have been incorporated and are embodied in the Plan
Update objectives in following sections. On the other hand, proposals within the 1986 plan that do not
support and would, potentially, counteract the updated vision for the area, are detailed below and
therefore, not included in the Plan Update.
• The 1986 plan proposes to divide the Omni CRA into two general sub -areas, delineated by NE 2nd
• Avenue. Generally, the plan proposes high intensity residential/commercial uses to the east and lower
intensity commercial/industrial uses to the west. While the Plan Update recognizes the appropriateness
of the division of development intensities, the proposed segregation of uses is problematic. Given the
recent explosion of high end/luxury residential development along Miami's waterfront and the regional
• proximity of major employment centers, a fundamental component of the Plan Update is the promotion
• of the development of a variety of housing types (and pricing) within the western portions of the CRA.
. To relegate this area solely to nonresidential uses would be a missed opportunity in achieving mixed -
income, sustainable neighborhoods.
The 1986 Plan promotes the closure of a number of streets in order to promote site assembly and
presumably, the development of mega -projects which were popular at the time of the Plan's inception.
As is the case with the existing Omni Mall, these projects, more often than not, have proved to deteriorate
the existing fabric of the city and often become barriers to further redevelopment. A fundamental
component of the Plan Update is to diminish the impact of existing urban barriers and to promote
connectivity within the area. While there are certain cases where street closures may be appropriate,
the Plan Update does not support the magnitude of closures illustrated in the 1986 Plan, as they would
be counterproductive to the overall vision.
40
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
4.4
PLAN OBJECTIVES
The overall goal of the Plan Update is to provide a strategic framework which provides guidance for
the CRA Board and Staff when making decisions impacting the redevelopment of the Omni area. The
following objectives, including components of the 1986 Plan, have been developed to reach that goal
and should be the basis for future redevelopment efforts and CRA support:
A. Connectivity • Provide for greater connectivity by diminishing the impact of existing urban barriers to redevelopment
: and promoting regional transportation.
This objective embodies the following objectives provided in the 1986 plan:
E-1. Resolve existing and future transportation conflicts;
E-2. Set priorities within the transportation network for pedestrians, cars, service and transit vehicles;
E-3. Improve access to existing and planned major activity areas such as the Central Business
District and Civic Center; and
E-5. Provide adequate parking to serve the needs of area residents, visitors and employees.
B. Sustainable Regional . Create a sustainable regional destination and identity by capitalizing on the development of the
Destination : Performing Arts Center and the Media/Entertainment District.
This objective embodies the following objectives provided in the 1986 plan:
• B-3. Create economic magnets to draw more businesses to the Omni area to compliment
established activities in the surrounding area;
B-4. Promote concentrations of similar business activities that reinforce each other and improve
the area -wide economic climate; and
D-5. Provide employment opportunities and upward job mobility for residents.
C. Variety of Housing : Provide incentives for the development of a variety of housing choices, including affordable, special;
• needs and workforce housing.
This objective embodies the following objectives provided in the 1986 plan:
D-1. Maximize conditions for residents to continue to live in the area;
D-2. Achieve rehabilitation of the maximum number of housing units; and
D-3. Provide incentives for construction of new housing to attract downtown workers.
41
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
D. Improvements to the • Create opportunities for new development through improvements to the public realm.
Public Realm •
This objective embodies the following objectives provided in the 1986 plan:
A-2. Eliminate conditions which contribute to blight;
C-1. Provide adequate public utilities and services for the area's residents and businesses;
C-2. Provide a system of public open spaces;
C-3. Maximize access and views to Biscayne Bay;
C-4. Encourage preservation and restoration of historic buildings; and
C-5. Enhance the area's visual attractiveness to businesses and residents.
E. Strategies forPublicl : Provide incentives and strategies for public/private development.
Private Development •
•
•
This objective embodies the following objectives provided in the 1986 plan:
A-1. Provide incentives for redevelopment of blighted properties;
A-3. Promote rehabilitation and maintenance of existing viable uses and structures;
A-4. Achieve orderly and efficient use of land;
B-2. Reinforce the property tax base; and
D-7. Minimize condemnation and relocation.
42
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
4.4.1
Connectivity
Urban Barrier:
1-395 Expressway
•
•
Improving connectivity within the CRA is of primary importance in fostering redevelopment of the
Omni area. Since the 1960's, a series of urban barriers have been introduced to the Omni area which
have effectively segregated the Omni CRA from other parts of the city and from, perhaps, its greatest
asset, Biscayne Bay. These barriers include the elevated 1-395 expressway and past developments such
as the Omni Mall and the Miami Herald.
View south along NE 2nd Ave. (with streetcar) and Biscayne Blvd. in the vicinity of todays 1-395 expressway. The
photograph illustrates a consistent urban fabric connecting the Omni area with downtown Miami. (1929)
43
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
Urban Barrier:
1-395 Expressway
SUPPORTING PROJECTS
Public/Private Strategies
Miami Herald
City of Miami Properties
School Board Properties
PAC Parking
Convention Facilities
Regulatory Strategies
Entertainment District Expansion
Zoning Strategies
Design Guidelines
Improving the Public Realm
Baywalk
Streetscapes
Historic Preservation
Neighborhood Greenspace
Transportation/Infrastructure
Miami Streetcar
17th Street/FEC Crossing
Street Reconstruction
2-way Streets
Water and Sewer Upgrades
Infrastructure
The existing 1-395 expressway, which connects the SR 836 (Dolphin Expressway) with the MacArthur
Causeway to Miami Beach, is perhaps the most obvious urban barrier. As previously noted, the facility
was constructed in the 1960's and contributed to the downfall of its surrounding neighborhoods by
separating them from one another. Coinciding with the development of the Performing Arts Center,
the expressway has been the subject of numerous recent planning efforts to discover alternatives for
reconstructing this facility. FDOT has conducted a PD&E study to evaluate alternatives which include
options for horizontal and vertical realignment and may include the acquisition of significant properties.
This project has the potential to significantly reduce the negative impacts of the facility on the surrounding
areas and is supported by the Plan Update. The Plan Update proposes a number of improvements, not
to the expressway facility itself, but to elements within the CRA that will contribute to lessening the
expressway's impact as a barrier.
•
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is
INEMVIVIMMZ
1-395 Urban Barrier
View north along Biscayne Boulevard illus-
trating the barrier effect between down-
town Miami and the Omni area. (2004)
44
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
Urban Barrier: .
Biscayne Corridor
Miami Herald
The Miami Herald building also acts as a barrier to waterfront access. 14th Street, which has become a
major pedestrian corridor due to the development of the PAC and the redevelopment of the
entertainment district, is currently terminated by the Herald building. Opening this site to development
will serve to connect this activity to Biscayne Bay.
11 11 I
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Left: View east towards Biscayne Bay. The red
outline indicates the future Miami Herald site,
prior to filling. (1929)
Lunri Ill 1 (IIIIlilII 111j I�;5161fi
Above: View east along 14th Street towards
Biscayne Bay, illustrating the barrier to the
waterfront. (2004)
Left: Miami Herald building (1963). The current
building acts as a physical and visual barrier
to access to Biscayne Bay.
45
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
Urban Barrier:
Biscayne Corridor
Biscayne Boulevard
In addition to the Omni and Herald buildings, Biscayne Boulevard currently acts as a barrier to east/
west pedestrian movement and restricts access to Biscayne Bay. The width of the Boulevard and the
magnitude of traffic using the roadway poses a challenge for pedestrians along the corridor. FDOT is
currently examining additional options for improving this corridor. Streetscape improvements which
allow for easier pedestrian movement and crossings are components of the Plan Update and should
be coordinated with FDOT.
Historic Biscayne Boulevard (1934)
Present day Biscayne Boulevard near PAC
46
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
Urban Barrier:
Biscayne Corridor
SUPPORTING PROJECTS
Public/Private Strategies
Miami Herald
City of Miami Properties
School Board Properties
PAC Parking
Convention Facilities
Regulatory Strategies
Entertainment District Expansion
Zoning Strategies
Design Guidelines
Improving the Public Realm
Baywalk
Streetscapes
Historic Preservation
Neighborhood Greenspace
Transportation/Infrastructure
Miami Streetcar
17th Street/FEC Crossing
Street Reconstruction
2-way Streets
Water and Sewer Upgrades
Infrastructure
The Plan Update proposes that the redevelopment of the Omni and Herald properties be supported by
the CRA and the City of Miami, provided that the development solutions contribute to improved
access and connectivity by establishing corridors through the sites and providing street level pedestrian
oriented uses and architecture. CRA financial support may include aide for elements which contribute
to the public good, including the development of new streets, infrastructure, public parking, public
greenspaces/plazas, an improved Baywalk and streetscape improvements to Biscayne Boulevard.
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Biscayne Corridor Urban Barrier
Existing Miami Herald Building
Potential Redevelopment
47
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
Urban Barrier:
Florida East Coast
Railway
Historic FEC Railway
SUPPORTING PROJECTS
Public/Private Strategies
Miami Herald
City of Miami Properties
School Board Properties
PAC Parking
Convention Facilities
Regulatory Strategies
Entertainment District Expansion
Zoning Strategies
Design Guidelines
Improving the Public Realm
Baywalk
Streetscapes
Historic Preservation
Neighborhood Greenspace
Transportation/Infrastructure
Miami Streetcar
17th Street/FEC Crossing
Street Reconstruction
2-way Streets
Water and Sewer Upgrades
Infrastructure
The Florida East Coast (FEC) Railway has been an element of the Omni area since the beginning of
Miami's development. Although instrumental in the birth of Miami, today the railway right of way is
seldom used, is poorly maintained and acts as a depository for trash and other debris, thereby
contributing to the CRA's overall character of blight and neglect. In addition, the railway may only be
crossed at 14th and 20th Streets, the southern and northern limits of the CRA, respectively. This fact,
coupled with the poor visual character, reinforce the railway as a barrier both visually and physically. In
addition to the expansion of the western boundary to NW 1st Place, the Plan Update proposes an
additional crossing of the FEC, as well as the development of a program to keep the right of way
maintained (in coordination with the FEC Railway). This will not only benefit the Omni area, but areas
west which suffer from many of the same blighted conditions as the Omni itself.
gri
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• URBAN BARRIERS
FLORIDA EAS T COAS T RAILWAY
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Florida East Coast Railway Urban Barrier
Views along the FEC Railway from NE
20th Street.
48
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
4.4.2
Sustainable Regional
Destination
SUPPORTING PROJECTS
Public/Private Strategies
Miami Herald
City of Miami Properties
School Board Properties
PAC Parking
Convention Facilities
Regulatory Strategies
Entertainment District Expansion
Zoning Strategies
Design Guidelines
Improving the Public Realm
Baywalk
Streetscapes
Historic Preservation
Neighborhood Greenspace
Transportation/Infrastructure
Miami Streetcar
17th Street/FEC Crossing
Street Reconstruction
2-way Streets
Water and Sewer Upgrades
Infrastructure
The development of the Performing Arts Center has contributed significantly to creating an identity for
the Omni area within the region. The Performing Arts Center was completed in the Fall of 2006. Coupled
with the future development of the Florida Opera House and adjacent Media/Entertainment District
and other Entertainment Districts in Southeast Overtown/Park West, there is great potential to reinvigorate
the Omni area by establishing it as a cultural destination that includes a multitude of arts and
entertainment venues.
Of primary importance is ensuring that the destination is sustainable over time. Such a destination will
foster continued development in the area and will lead to interesting and vibrant surrounding
neighborhoods. The PAC is partly responsible for current development in the area which largely consists
of luxury residential condominiums. While this development is welcomed, future projects should be
planned in anticipation of the area becoming a vibrant entertainment district and should be mindful
of issues, such as noise and parking, associated with adjacent entertainment and residential uses.
Additionally, it is important that the area be developed with a distinct character and identity, which
can be accomplished through design guidelines for buildings and signage.
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Connecting Entertainment Districts
Above: Miami Pertorming Arts Center
Below: Example Entertainment District (Beale
Street, Memphis, TN)
49
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
4.4.3
Variety of Housing
SUPPORTING PROJECTS
Public/Private Strategies
Miami Herald
City of Miami Properties
School Board Properties
PAC Parking
Convention Facilities
Regulatory Strategies
Entertainment District Expansion
Zoning Strategies
Design Guidelines
Improving the Public Realm
Baywalk
Streetscapes
Historic Preservation
Neighborhood Greenspace
Transportation/Infrastructure
Miami Streetcar
17th Street/FEC Crossing
Street Reconstruction
2-way Streets
Water and Sewer Upgrades
Infrastructure
The Omni area, and other parts of Miami in general, experienced a real estate boom in luxury residential
development. This development is primarily in areas near the waterfront and the housing costs are
generally at higher income market rates than those affordable by the primary workforce. Strategically
located among major job centers in the Miami area, the western areas of Omni present an opportunity
for the development of affordable, workforce, and mixed income housing. Workforce housing refers to
the ability of people who work in and around a community to be able to find housing that they can
afford to live in within the community. Mixed income housing is a term used to describe developments
that consist of units which are affordable to families with different income levels.
Numerous strategies and programs, outlined in Appendix D: Omni Housing Policy and Housing Plan,
may be implemented in order to attain these goals. The primary mechanism should be the
implementation of inclusionary zoning in the area which provides regulatory incentives for development
of built affordable and workforce housing units, both on a mandatory and voluntary basis. The inclusionary
zoning (see section 5.2) must include some type of subsidy to the developer in exchange for providing
the desired housing units and types.
Targeted Housing Area
I 'v'City of Miami
SUPPDRTIN.G:PROJ ECTS
r• +.1 am
50
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
4.4.4
Improvements to the
Public Realm
SUPPORTING PROJECTS
Public/Private Strategies
Miami Herald
City of Miami Properties
School Board Properties
PAC Parking
Convention Facilities
Regulatory Strategies
Entertainment District Expansion
Zoning Strategies
Design Guidelines
Improving the Public Realm
Baywalk
Streetscapes
Historic Preservation
Neighborhood Greenspace
Transportation/Infrastructure
Miami Streetcar
17th Street/FEC Crossing
Street Reconstruction
2-way Streets
Water and Sewer Upgrades
Infrastructure
In order to improve the Omni area's "livability" and as a desirable place for development, it is important
to improve the overall image of the public realm. Visible public investment aides to promote private
development interest. Omni area streetscapes and their related components such as sidewalks,
crosswalks, landscaping and lighting are generally in poor condition and lack any discernible character
and identity. Improvements to this important element of the public realm will serve to unify dissimilar
elements, uses, and future development as well as provide coherence and enhance pedestrian and
vehicular circulation and safety. The eventual design of these streetscapes will have a direct impact on
the type and quality of future development and the resulting character of neighborhoods. Additionally,
other than Margaret Pace Park and Bicentennial Park [future Museum Park], there is very little recreational
opportunity within the CRA. Given the influx of new residential development east of Biscayne Boulevard
and the potential for housing development in the western portions of the Omni area, there is a significant
need for additional open space to provide recreational opportunities for new residents and to improve
the "livability" of the community.
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51
Omni CRA Redevelopment Plan FINAL DRAFT
REDEVELOPMENT PLAN OVERVIEW
4
4.4.5
Promote PubliclPrivate
Development
SUPPORTING PROJECTS
Public/Private Strategies
Miami Herald
City of Miami Properties
School Board Properties
PAC Parking
Convention Facilities
Regulatory Strategies
Entertainment District Expansion
Zoning Strategies
Design Guidelines
Improving the Public Realm
Baywalk
Streetscapes
Historic Preservation
Neighborhood Greenspace
Transportation/Infrastructure
Miami Streetcar
17th Street/FEC Crossing
Street Reconstruction
2-way Streets
Water and Sewer Upgrades
Infrastructure
Perhaps the most important strategy in the redevelopment of the Omni area is the pursuit of public/
private partnerships to promote new development, new infrastructure, and to resolve existing
deficiencies. Numerous projects are candidates for this type of development, including transportation
and parking facilities, the redevelopment of the Omni Mall , Miami Herald properties, the Wynwood
Free Trade Zone and Industrial use land west of the FEC, and improvements to the public realm.
Additional opportunities for public/private and public/public partnerships exist given the land holdings
of the Miami -Dade School Board and the City of Miami. The School Board owns many vacant or
unimproved properties within the Omni west area. These properties are ideal candidates for new
affordable and workforce housing and for parking facilities which would serve the Media/Entertainment
District and the PAC. Additionally, several of these properties exist in areas that have tremendous
development potential which may be leveraged in public/private partnerships to provide educational
and other public facilities.
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52
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
5.0
PROJECTS AND
STRATEGIES
The following section details the various projects and strategies which support the previously stated
objectives of the Plan Update and will serve as building blocks to reinvigorate the Omni area. Below is
a summary table of the proposals and the supported objectives of each.
PROJECT
CATEGORY
PROJECTS
#
PROJECT COMPONENTS
OBJECTIVES
SUPPORTED
A
B
C
D
E
STRATEGIES FOR
PUBLIC/PRIVATE
DEVELOPMENT
1
LI
Ilk
0
MIAMI HERALD PROPERTIES
2
Infrastructure/Streetscapes/Public Amenities
x
x
x
CITY OF MIAMI/ MIAMI-DADE SCHOOL
BOARD PROPERTIES
3
New School Facilities
x
x
x
4
Affordable and Workforce Housing Development
x
x
PERFORMING ARTS CENTER PARKING
5
Parking
x
x
x
CONVENTION FACILITIES
6
Convention Center Facilities
x
x
REGULATORY
STRATEGIES
ENTERTAINMENT DISTRICT EXPANSION
7
Zoning Amendments
x
x
ZONING STRATEGIES
8
Zoning Amendments
x
9
Affordable Workforce Housing Incentives &
Guidelines
x
10
Parking Reductions & Incentives
x
x
11
Media/Entertainment District and Noise Abatement
Guidelines
x
x
x
DESIGN GUIDELINES
12
PAC Area Guidelines
x
x
13
Biscayne Boulevard Design Guidelines
x
x
14
NE 2r,d Avenue Design Guidelines
x
x
IMPROVING THE
PUBLIC REALM
BAYWALK
15
New Greenspace
STREETSCAPES
16
Improved Sidewalks, Landscaping, Lighting and
Street Furniture
x
x
HISTORIC PRESERVATION
17
Restoration and Preservation of Historic Structures
x
x
NEIGHBORHOOD GREENSPACE
18
New Greenspace and Improvements to Existing
Greenspace
x
TRANSPORTATION
AND
INFRASTRUCTURE
MIAMI STREETCAR
19
Track and Traction Power
x
x
17m STREET/FEC CROSSING
20
New FEC Railway Crossing and Infrastructure
x
STREET RECONSTRUCTION
(2nd Avenue, NE/NW 141h Street, NE 171,
Street, NE 17,h Terrace)
21
Paving, Drainage, Sidewalks, Lighting, Landscaping
and Street Furniture
x
2-WAY STREETS
22
Miami Ave; NE 2nd Ave; 17+h Street
x
WATER AND SEWER UPGRADES
23
Update/Replace Existing Infrastructure
x
INFRASTRUCTURE
24
Update/Replace/Add Infrastructure
x
OBJECTIVES:
A. CONNECTIVITY: Provide for greater connectivity by dimini hing the impact of urban barriers to redevelopment and promoting
regional transportation.
B. SUSTAINABLE REGIONAL DESTINATION: Create a sustainable regional destination and identity by capitalizing on the development
of the Performing Arts Center and the Media Entertainment District.
C. VARIETY OF HOUSING: Provide incentives for the development of a variety of housing choices.
D. IMPROVEMENTS TO THE PUBLIC REALM: Provide incentives for redevelopment through improvements to the public realm.
E. PROMOTE PUBLIC/PRIVATE DEVELOPMENT: Provide strategies and incentives for public/private development.
53
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Miami Herald Properties
Conceptual
Plan Diagram
1) Existing Printing Presses
2) Public Plaza/14th Street
Connection to Baywalk
3) New Mixed -Use Development
4) Vacant Parcels for Development
5) Historic "Shrine Building"
(Boulevard Shops)
6) Performing Arts Center
7) 14th Street Media/Entertainment
District
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public
Realm
Public Private Development
The Miami Herald (Knight Ridder) properties are key to the redevelopment of the Omni CRA. Currently
the properties consist of the Miami Herald building, the historic Shrine Building (Boulevard Shops) and
surface parking lots. Several of the properties were recently sold and are currently being planned for
redevelopment. Redevelopment of these properties should focus on several objectives with the primary
objective being extending NE 14th Street to Biscayne Bay for pedestrian access. Other objectives include
providing development which supports street level pedestrian activity surrounding the PAC; providing
parking alternatives for patrons of the PAC; and the preservation of the historic Shrine Building.
Guys of Mfarrai
L$ M!AM1 HERALD
PROPERTIES
V. CONCEPTUAL
PLAN DIA GRAM
54
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Currently, the properties have three zoning classifications: SD 6, SD 6.1 and C-2 (Miami Herald building).
Under these classifications, the potential exists for up to five million SF of development, including 4,000
residential units. The C-2 zoning of the Miami Herald building is inconsistent with existing zoning patterns
and should be changed to better reflect the desired character of the area. Additionally, changing the
zoning classification and, therefore, improving the development value of the property, should improve
the chances of private redevelopment and providing the 14th Street/Baywalk connection. Provided
the redevelopment objectives are met, the CRA may enter into a public/private agreement for
improvements to public amenities, infrastructure and parking.
Miami Herald Properties
Conceptual Aerial View
1) Existing Printing Presses
2) Public Plaza/Baywalk
Connection
3) New Mixed -Use Development
4) Vacant Parcels for Development
5) Historic "Shrine Building"
(Boulevard Shops)
6) Performing Arts Center
7) 14th Street
POTENTIAL DEVELOPMENT
200,000+ SF Commercial/Retail
200,000+ SF Office
3900 Residential Units
PAC Parking
55
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Miami Herald Properties
Conceptual Alternative .
Plan Diagram
1) Existing Miami Herald Building
2) Vacant Parcels for Development
3) Historic "Shrine Building"
(Boulevard Shops)
4) Performing Arts Center
5) 14th Street Media/Entertainment
District
Assuming the Miami Herald building will remain in place for some time to come, a short term alternative
to the 14th Street/Baywalk connection is illustrated below. The alternative utilizes Bayshore Drive and
NE 15th Street in lieu of a direct connection from 14th Street. While this alternative is not the preferred
alternative, it is supported by the Plan Update. Additionally, design guidelines should be established in
order to enforce this as an important pedestrian connection to Biscayne Bay and the Baywalk.
N L
' 1` City of /Wang
tlAMl HERALD
D
Iti
PROPERTIES
ri r+ r `1, CONCEPTUAL
ALTERNATIVE
M— PLAN DIAGRAM
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4LIKIPP
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I-istorc_2n•ine_Bu Id r B14d_Shcps;
Exis-ira_Miami_He•ad_Eui dira
Pe f rm r ,S^s Center
ENECIAN{SiNt r,
56
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Providing alternative parking options for PAC patrons should be considered in redevelopment plans.
Distributing parking around the PAC, rather than providing parking in a singular location, will help
alleviate traffic issues and will afford PAC patrons more convenient access to each of the two main
PAC structures. Options should be considered and pursued with Miami -Dade Transit for joint development
over the existing Omni Bus Terminal adjacent the Metromover and 15th Street. The increased development
capacity may be provided as an incentive for providing the PAC parking.
Miami Herald Properties
PAC Parking
1) Miami Herald Properties
2) Existing Omni Bus Terminal
(below)
3) Performing Arts Center
4) Existing Historic Building
(Shrine Building)
57
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
City of Miami & School
Board Properties
1) City of Miami Biscayne Park/
Unprogram-Underuse Properties
2) Miami -Dade School Board Vacant
Properties/Unimproved Surface
Parking, Garage and Surface
Parking
3) Miami -Dade School Board Skills
CenterNacant Structure
•
•
•
•
4) City of Miami Fire Station No. 2 •
OBJECTIVES SUPPORTED
Connectivity •
Sustainable Regional Destination
Variety of Housing
Improvements to the Public Realm
Public Private Development
There are numerous opportunities for Public/Private partnerships for redevelopment of properties owned
by the Miami -Dade School Board and the City of Miami. Opportunities range among the development
of new housing with a focus on mixed -income, new educational facilities, and new parking facilities to
support both the PAC and emerging Media/Entertainment District. The opportunities may be realized
through an exchange of properties between the current owners and the CRA, public/private partnerships
steered by the Miami -Dade School Board, and also through zoning incentives for private development.
r I IJ r • - Fall -1161 1 I■.J■ I•-•=F 1■4611 we ■•I
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City of Miami/Miami-Dade School Board Properties
58
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
City of Miami & School
Board Properties
PAC Parking
1) Performing Arts Center
2) Public/Private Development
including PAC parking
POTENTIAL DEVELOPMENT
100,000+ SF Commercial/Retail
75,000+ SF Office
800 Residential Units
PAC Parking
One potential project is the development of a mixed -use parking structure west of the PAC. Such a
development would require a partnership of the Miami -Dade School Board, the Performing Arts Center
Trust and private property owners and developers. Numerous alternatives have been studied for this
project by the Urban Land Institute Technical Assistance Program (May 2004) and the Downtown
Development Authority (DDA). Based on cooperation of adjacent private property owners and zoning
changes, this project could provide almost 1,500 parking spaces which could be shared among the
PAC, Miami -Dade School Board and other venues within the Media/Entertainment district. Coupled
with the development of parking on the Miami -Herald properties, this project could satisfy the parking
needs of all parties involved.
h+, jai fir: vc ! CL C itwaelerr
r
59
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
City of Miami & School
Board Properties
MedialEntertainment
District Parking
POTENTIAL DEVELOPMENT •
32,000+ SF Commercial/Retail
140,000+ SF Office
Entertainment/Media District
Parking
Another opportunity for parking exists on the Miami Skills Center property, also owned by the School
Board. This property should be developed to provide a capture parking garage for the Media/
Entertainment District, and should also include a mixed use component such as street level retail/
entertainment uses, offices, and possibly an educational component. The educational component
could include a higher level school focused on media related skills such as production and advertising
and would serve to meet the public goals of the Miami -Dade School Board. However, the development
of an educational component must be mindful of the activities of the adjacent entertainment uses
and the sale of alcoholic beverages.
Potential redevelopment of the Miami Skills Center building
60
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
City of Miami & School
Board Properties
Housing
1) School Board Administration
Building
2) Potential Public/Private
Workforce Housing Development
POTENTIAL DEVELOPMENT
Typical Block:
264 Workforce Residential Units
Parking
In addition, the Miami -Dade School Board owns several properties which could potentially be developed
with housing to serve the needs of the local workforce and lower income families. This type of housing
could be accomplished through private development with land incentives and inclusionary zoning
incentives such as density and height bonuses.
Potential redevelopment of the Miami Skills Center building
Workforce Housing Development
61
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Potential Convention
Center Facilities
•
Discussions with Omni area stakeholders and with the Omni Steering Committee indicate that there is
potential for the development of convention related facilities within the CRA. While this particular
market segment was not part of the market analysis conducted for the Plan Update, given the regional
location of the CRA, the existing concentration of hotels and their proximity to the Performing Arts
Center and the Media Entertainment District, it is reasonable to include a convention component as a
part of a long range conceptual vision. Such facilities could be considered for a number of locations
within the CRA and would support the objective of creating a sustainable regional destination.
In the short term, the City of Miami and the CRA may consider commissioning a specific market analysis
to gauge demand for such facilities. In the future, the CRA may play a vital role in supporting the
development of a convention facility.
62
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
5.2
Regulatory Strategies
Proposed Zoning
Changes Overview
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public Realm
Public Private Development
Zoning changes are important to stimulate the redevelopment of the CRA. The Plan Update recognizes
that the City of Miami has recently initiated "Miami 21," an effort to substantially redefine the current
zoning framework for the entire City. Given that the Miami 21 effort began in 2005 (relative to the 2006
Plan Update), the regulatory strategies and proposals presented herein are put forth within the context
of the current zoning framework and regulations of the City. It is intended that these proposals be
considered by the Miami 21 effort and molded within the new regulatory framework with assistance
and input from the CRA.
Given the existing regulatory framework, the Plan Update proposes a number of zoning changes that
include: 1) simple atlas changes, 2) the creation of a new special district (SD-6.2), 3) the development of
inclusionary zoning for housing, and 4) the development of design guidelines and standards for areas
of special interest. The execution of the proposed changes and the necessary completion of supporting
documents is not within the scope of the Plan Update and will be coordinated with the City of Miami
and the Miami 21 effort in a subsequent phase of work. The following pages provide a conceptual
overview and intent of the proposals.
Given the need for a variety of housing
within the CRA, especially within the
western areas where the potential for
mixed -income housing exists, there is a
need for the creation of an inclusionary
housing ordinance within the CRA.
Because the areas to the west are
generally zoned Liberal Commercial (C-
2), residential uses are permitted only by
special exception. Those areas should be
rezoned to not only allow residential
uses by right, but to encourage it
through inclusionary zoning incentives
WS
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63
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
1) Atlas Change from C-2 to SD-6.1
2) Atlas Change from SD-6 to PR
3) Change from C-2 to SD-6.2"
"Amending Sec. 606 (SD-6) to
include SD-6.2 and provide a
special intent, allowances and
limitations. SD-6.2 should include
incentives for facilities supporting
the Performing Arts Center, Miami -
Dade School Board, Media -
Entertainment District and future
Miami Streetcar. It should provide a
transition in building mass between
SD-6 and C-2. Additionally, SD-6.2
should have special requirements
for building elements that front
important public right of ways.
4) Inclusionary Zoning for
Workforce/Mixed Housing
5) Media/Entertainment District
Design Guidelines and Noise
Abatement Strategies for Restricted
Residential Development
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public Realm
Public Private Development
Areas along NE 2nd Avenue should be changed from C-2 to a new special district to 1) provide
consistency and better reflect the zoning character of the rest of this important corridor; 2) to provide
a transition in scale for neighboring districts (generally SD-6 on the east and C-2 on the west) and 3) to
provide special provisions for developments supporting the Performing Arts Center, The Miami -Dade
School Board, the Media/Entertainment District or the Miami Streetcar.
Additionally, the current zoning of the Miami Herald building property (C-2) should be modified to
better reflect the surrounding zoning and to induce the redevelopment of this property and provide
public access to the bayfront.
64
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
The image below illustrates the potential full build -out of the Omni CRA, given the following parameters
under Miami Zoning Ordinance 11000: 1) the implementation of proposed zoning changes , 2) the
development of incentives and guidelines to induce affordable and workforce housing development,
and 3) guidelines to develop and protect the scale and character of the 14th Street Media/Entertainment
District.
Proposed Zoning
Changes
1) Change from C-2 to SD-6
2) Change from SD-6 to PR
3) Change from C-2 to SD-6.2
4) Inclusionary Zoning for
Workforce/Mixed Housing
5) Media/Entertainment District
Design Guidelines. Noise Abate-
ment Strategies for Restricted
Residential Development
6) Performing Arts Center Design
Guidelines
65
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Proposed Zoning
Changes:
inclusionary Zoning
Prototype Section
• An affordable and, workforce housing inclusionary zoning overlay should be developed for targeted
areas within the CRA. The focus of the overlay should be the production of built affordable and workforce
housing units, rather than payment into a housing trust. In order to accomplish this, the overlay should
offer bonuses which allow developers to realize additional profits while producing required units. Within
• the targeted area, it has been determined that current development is limited by allowable floor area
ratio (1.72; 2.47 with existing bonuses) and by overall building height (120'). These limitations do not
allow developers to realize residential densities which are supported by the Comprehensive Miami
Neighborhood Plan (500 units/acre). Therefore, the inclusionary overlay should include the following
standards for developments that produce built units:
1) Requirement for 10% affordable/workforce units; [Not required under Miami 21 Zoning Ord.]
2) Bonus Height (+/- 200' overall height); [depends on transect in Miami 21 Zoning Ord.]
3) Bonus FAR (+/- 3.0 maximum); [Up to an add'tl 8.8 FLR in transect T6-36 in Miami 21 Zoning Ord.]
4) Density Allowances (+/- 200 units/acre); [Not included under Miami 21 Zoning Ord.]
5) Remove current allowable bonuses for payment into the Affordable Housing Trust.
Market Rate Units
I— I Workforce Units
Parking
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de '1.
i 01
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`all 1
111.
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•
Prototype Ground Floor Plan
Prototype Typical Floor Plan
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m J
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MI
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•
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UMW
Prototype Tower Floor Plan
66
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
MedialEntertainment •
•
District Expansion
1) Existing Media/Entertainment
District [blue area]
2) Media/Entertainment District
Expansion - Proposed [green area]
3) Fire Station No.2 Motion Picture
District [outlined]
4) Performing Arts Center District
[Adrienne Arsht Center]
5) Print Media District - Miami
Herald
6) Museum District - Proposed MAM •
and Museum of Science
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public Realm
Public Private Development
Expansion of the existing Media/Entertainment district should be accomplished to provide continuity
and synergy with the various types of entertainment within the Media industry and the nearby
entertainment districts in the Southeast Overtown/Park West CRA. This will help combine the economic
energy and redevelopment potential of the PAC, Motion Picture, Print Media and Museum Districts with
broader opportunities in nearby Overtown, which has a long history of music and entertainment and
can provide a logical complement and continuity to the larger arts and entertainment districts.
■-IME�� • .11 ■ it ,,. J
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67
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
MedialEntertainment
District Expansion
1) Performing Arts Center
2) Miami Skills Center Building
3) Fire Station No.2
The proposed concept is to create a retail/mixed-use corridor which clusters various arts and
entertainment uses between the PAC and the Florida East Coast Railway, with potential future expansion
of the corridor westward to Overtown. The concept envisions a late night entertainment district which
reinvigorates the area and has a symbiotic economic relationship with the Performing Arts Center.
Beale Street, Memphis, TN
68
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
A comprehensive design guideline should be created to ensure the individual character development
of the public realm appropriate to each target area within the Omni CRA while also ensuring a holistic,
cohesive and connected district. Design guidelines should focus on the PAC, Media/Entertainment
District, areas for new housing and the major transportation corridors.
Design Guidelines
1) Performing Arts Center adjacent
development guidelines
2) Biscayne Boulevard guidelines
3) NE 2nd Avenue guidelines
4) Housing guidelines
5) Media/Entertainment District
guidelines
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public
Realm
Public/Private Development
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Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Design Guidelines
MedialEntertainment
District & 14th Street
1) Wide Sidewalks
2) Landscaping for Shade and
Character
3) Pedestrian Lighting and Signage
4) Sidewalk Cafe Seating
5) Building Projections and Shade
Devices
6) Media components/Wayfinding
devices
Design guidelines for the Media/Entertainment District (14th Street and connecting streets) should focus
on general parameters for the development of streetscapes and components which impact the
pedestrian activity, architectural scale and spatial quality of the public realm. The guidelines should
include special elements (lighting, sidewalk treatments, landscaping and media installations) that
contribute to a unique entertainment environment.
Existing Conditions (Miami Avenue
looking North)
Future Entertainment District Typical Street
Streetscape Improvements
Media Components & Infill Development
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Omni CRA Redevelopment Plan FINAL DRAFT
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5
Design Guidelines
MedialEntertainment
District & 14th Street
1) Additional Height
2) Large Setbacks
Design guidelines should also make allowances for creative signage and lighting which contributes to
the character of the District as a late night entertainment destination. In addition, building massing
should be addressed to preserve the scale and character of the corridor by exchanging additional
height allowances for greater setbacks along 14th Street.
Signage examples
71
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Design guidelines for areas surrounding the Performing Arts Center should focus on ensuring a comfortable
pedestrian environment with wide sidewalks, landscaping and lighting. Small greenspaces and pocket
parks should be incorporated and have continuity with the streetscape designs. Additionally, ground
floor pedestrian oriented retail and cultural uses should be required for all buildings and structured
parking facilities.
Design Guidelines
Performing Arts Center
1) Performing Arts Center
2) Parks
3) Ground Floor Retail Uses
4) Ground Floor Cultural Uses
72
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
5.3
Improving the Public
Realm
i
Neighborhood
Greenspace •
1) Miami Cemetery (existing)
2) Margaret Pace Park (existing)
3) Baywalk (proposed)
4) Neighborhood Park (proposed)
5) Historic Fire Station No. 2 minipark
(existing)
6) PAC Ballet Opera Park
(proposed)
7) PAC Concert Park (existing)
8) Dorsey Park Baseball Field (existing) •
9) Bicentennial Park (existing -
Future Museum Park))
10) Biscayne Park (existing)
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public
Realm
Public Private Development
•
•
Given the influx of residential development and the objective to create additional residential
opportunities in the west areas of the CRA, it is imperative that additional greenspace be developed
to afford residents the opportunity for outdoor recreation and provide identity for neighborhoods.
These greenspaces play an important role in attracting new residents and businesses. New greenspaces
should vary in scale and character and should always be designed with priority towards public use.
Greenspaces may be developed as a public initiative, jointly with private projects or may be mandated
through zoning and design guidelines for new development.
City cif Miami
rNEIGH13ORHOOD
GREENSPACE
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Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
The development of the Performing Arts Center should be accompanied by the development of
greenspace. The greenspaces or plazas should be integrated within the surrounding developments
and preferably be oriented towards the primary entrances of the PAC. Properties south of the Ballet/
Opera House are owned by the County and are designated for this purpose. The Plan Update proposes
an additional greenspace (or other treatment) north of the Concert Hall on properties currently owned
by the Miami Herald. Future development of these properties should incorporate the new greenspace
or plazas.
Neighborhood
Greenspace
Performing Arts Center
1) Performing Arts Center
2) Public Greenspace
3) PAC Main Vehicular Entrances
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Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Baywalk
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public
Realm
Public Private Development
In June 2004, the City of Miami, Florida Atlantic University and Walk Florida hosted a workshop to
examine the creation of a continuous baywalk stretching from the Miami River on the south to Margaret
Pace Park on the north. The resulting report, Miami Bay Walk, Reconnecting Miami to its Bayfront, cites
several issues associated with the continuity of a baywalk, including issues with private property access
and pedestrian crossing at NE 15th Street/Venetian Causeway. In addition, I-395 poses a serious obstacle
to a continuous Baywalk. Given these obstacles, and in order to provide baywalk continuity, an extension
of the baywalk through landfill or elevated structure should be considered as a long term solution.
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75
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
The new Baywalk should incorporate a connection between the Omni area hotel properties and the
Miami Woman's Club and Margaret Pace Park; and should provide an improved pedestrian crossing
at the Venetian Causeway and under 1-395 to Bicentennial/Museum Park. Additionally, the baywalk
should incorporate uses such as restaurants and retail along its western edges, overlook and boardwalk
areas, recreational green areas, and outdoor performance venues (potentially associated with the
PAC).
Existing condition at 1-395 and
Bicentennial Park
Baywalk
1) Connection to Margaret Pace
Park
2) Incorporate Pedestrian Oriented •
Uses
3) Improved Pedestrian Crosswalk
at 15th Street/Venetian Causeway
4) Incorporate Pedestrian Oriented
Uses
5) Performance/Active Park Uses
6) Connection Under 1-395
7) Connection to Bicentennial Park
(Future Museum Park)
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Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Currently, the portion of the existing baywalk adjacent to the Miami Herald building is secured by
fencing and does not allow public access. According to the Miami Bay Walk report, the baywalk was
provided in exchange for a zoning bonus that allowed two additional stories to be added to the
building and, therefore, there exists an obligation that the baywalk be opened and accessible to the
public. Future redevelopment of the Miami Herald site should include retail and restaurant uses along
the baywalk to encourage activity.
I
Existing condition at Miami Herald
Baywalk
1) Connection to Margaret Pace
Park
2) Incorporate Pedestrian Oriented •
Uses
3) Improved Pedestrian Crosswalk
at 15th Street/Venetian Causeway
4) Incorporate Pedestrian Oriented
Uses
5) Performance/Active Park Uses
6) Connection Under 1-395
7) Connection to Bicentennial Park
(Future Museum Park)
77
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Streetscapes •
* 0 • • PAC Pilot Project
Primary Streets
• E 'E • Secondary Streets
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public
Realm
Public Private Development
Streetscapes are perhaps the most important component of the public realm and they have a direct
impact on the type and quality of redevelopment and economic potential. They provide neighborhood
character, identity and continuity from neighborhood to neighborhood. With the exception of the
recent improvement along Biscayne Boulevard and around the PAC, practically all of the streetscapes
within the Omni area are lacking in some respects, whether it be the condition or width of sidewalks;
lack of landscaping, lighting and on -street parking; or poor pedestrian markings and crosswalks.
Improving the streetscapes in Omni should be prioritized with an initial focus on streets surrounding the
PAC. These improvements can serve as a streetscape pilot project and provide a design template for
other improvements within the CRA, especially within the Media Entertainment District. Streets outside
of the PAC and entertainment areas should be executed to achieve an overall consistency, but should
not compete with creating a special character for the entertainment areas.
City of Mlaml
STR:EETSCAPES
E. PAL _Pi Isa_P Foto-A.
Primary Sreetss
Sec ry 9treetq
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Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Existing Conditions
Primary Streetscapes
Biscayne Boulevard
DEVELOPMENT PROGRAM
3500 Linear Feet
Reconstruction of Roadway and
Drainage System
New Sidewalks, Lighting and
Landscaping
Improved Pedestrian
Crosswalks
Landscaped Medians and Traffic
Separators
Biscayne Boulevard is the most significant roadway within the Omni area . The segment of the boulevard
between NE 5th Street and NE 15th Street is currently undergoing final stage of improvements by FDOT.
Improvements have focused on providing safer pedestrian crossings through improved markings and
textured paving and the addition of a median component. Current sidewalk widths are generally
ample and have been reduced slightly to accommodate a center median. The Boulevard final
improvements consists of landscaping reflecting its grand character, improved lighting, and consistent
sidewalk treatments. The CRA should evaluate opportunities to augment future efforts of FDOT to ensure
these components are incorporated into their design plan.
Option 1: Island Medians
Option 2: Continuous Median
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Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Existing Conditions
Primary Streetscapes
NWINE 14th Street
Entertainment District Lighting
Character
DEVELOPMENT PROGRAM
2700 Linear Feet
Modify Travel Lanes to Single
Lanes in Each Direction
New Sidewalks, Lighting and
Landscaping
Improved Pedestrian
Crosswalks
Improvements to NW/NE 14th Street are imperative to provide a safe and attractive front door to the
PAC, to catalyze the redevelopment of the Media/Entertainment district to the west and to serve as a
vital link between the two. In order to accomplish this link, the streetscape should incorporate similar
elements that transition in scale and character from the formal character and traffic requirements of
the PAC to neighborhood character of the Entertainment District. Given that the width of the right-of-
way varies along the length of 14th Street, several conceptual options are presented that provide for
appropriate transitions. In some cases, it will be necessary to implement a building setback to provide
for appropriate sidewalk widths, landscaping and paving. These streetscapes should be further
developed within a comprehensive set of design guidelines.
Typical Concept Plan West of NE 2nd Avenue
(Right of Way Varies)
'EL - L
1162%0
Typical Concept Section (60' Right of Way)
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Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
The Plan Update proposes that Miami Avenue be converted from one-way to two-way traffic circulation.
If it is possible to maintain a 3-lane section, the sidewalks should be widened between 1-395 on the
south and NE 15th Street on the north. North of NE 15th Street, the section should incorporate on -street
parking. If a four lane section is required, additional right of way should be dedicated to increased
sidewalk width. Finally, the streetscape should incorporate consistent landscaping and improved lighting.
Existing Conditions
Primary Streetscapes
N. Miami Avenue
DEVELOPMENT PROGRAM �
3100 Linear Feet
2-
way Conversion
(see project 22)
New Sidewalk
s, Lighting and
Landscaping
Impro
ved Pedestrian
Crosswalks
Typical Concept Plan and Section
General CRA Sidewalk Paving Character
81
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Existing Conditions
Primary Streetscapes
NE 2nd Avenue
DEVELOPMENT PROGRAM
3500 Linear Feet
Reconstruction of Roadway and
Drainage System
New Sidewalks, Lighting and
Landscaping
Improved Pedestrian
Crosswalks
It is anticipated that NE 2nd Avenue will act as a primary corridor for the Miami Streetcar and therefore
will become a major magnet for transit and pedestrian oriented development. Given the right of way
of 2nd Avenue and the insufficient sidewalk widths, zoning and design guidelines should mandate
street level building setbacks to provide ample sidewalk widths and building awnings to provide shade.
Street lighting should also be improved.
-i priV,i • _tea
Typical Cencept Plan and Section
rf •
.
in. le
r t
General 2nd Avenue Landscape Character
82
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Existing Conditions
Primary Streetscapes
Bayshore Drive
DEVELOPMENT PROGRAM
3500 Linear Feet
New Sidewalks, Lighting and
Landscaping
Improved Pedestrian
Crosswalks
Bayshore Drive serves as an important connector between the PAC, Omni area hotels, the Venetian
Causeway, transit stops and Margaret Pace Park. Additionally, this street will serve as an important
pedestrian connection between the PAC and interim parking locations (potentially the Omni Mall
parking garage). As such, this roadway should provide a grand character, while providing ample
shade, wide sidewalks and improved lighting.
Typical Concept Plan and Section
t
General Bayshore Drive Landscape Character
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Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Secondary roadways within residential areas should be improved with components that are harmonious
with those of the primary roadways and should include greater sidewalk widths and defined on -street
parking areas where such improvements are possible. However, these streetscapes should be executed
so that special areas such as the PAC and Media/Entertainment District remain clearly distinguished as
• special districts. Therefore, special entertainment related lighting fixtures and wayfinding devices should
Existing Conditions
Secondary Streetscapes
Side Streets and .
Residential Areas
be limited to the entertainment areas and a more standard, but harmonious, lighting scheme should
be developed for residential areas and sidestreets.
erg
Typical Concept Plan and Section
General Side Street Landscape
Character
84
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Historic Preservation
1) Miami Cemetery
2) S&S Diner Restaurant
3) Fire Station No. 2
4) Citizens Bank
5) Shrine Building
(Boulevard Shops)
6) Sears Tower
7) Miami Woman's Club
8) Dorsey Library
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public
Realm
Public Private Development
Historic buildings within the Omni CRA should be restored. These buildings embody the heritage of the
community and enhance the experience of the neighborhoods. The character they provide cannot
easily be replaced once the buildings are lost to severe deterioration or demolition. Seven properties
within the Omni CRA carry a historic designation and as such should be protected through restoration
and thoughtful incorporation into future development plans. Surrounding development should recognize
the scale and character of these properties and take measures to ensure that they remain community
assets.
I In •
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85
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Historic Preservation
Of the seven properties, those located at the intersection of North Miami Avenue and 14th Street (Fire
Station No. 2 and Citizens Bank), are in significant disrepair. Given the importance of this intersection
within the Media/Entertainment District, restoration and the incorporation of uses compatible with the
entertainment district can serve as a development catalyst for the entire district.
Above: Historic Fire Station No. 2 (1933)
Below: Existing Fire Station Condition
Above: Historic Citizens Bank (1926)
Below: Existing Citizens Bank
86
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
5.4
Transportation and
Infrastructure
i
Miami Streetcar
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public
Realm
Public Private Development
The Miami Streetcar is a project sponsored by the City of Miami and is currently planned to operate
primarily along NE 1st and 2nd Avenues. This project should be supported by the CRA and planned in
conjunction with the reconstruction of NE 2nd Avenue.
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87
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Street Reconstruction •
(NE 2nd Ave, NEINW 14th .
Street, NE 17th Street, •
NE 17th Terrace)
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public
Realm
Public Private Development
The northern portions of NE 2nd Avenue outside of the Omni CRA boundaries are slated for reconstruction
by Miami -Dade County and the People's Transportation Plan. The portions within the Omni CRA should
also be reconstructed and coordinated with the Miami Streetcar and other infrastructure improvements.
Other streets that need reconstruction include 14th Street, 17th Street and 17th Terrace.
" ii' r City of FWTrami
STREET RECQNS TRUC TICN
-NW NE2AV,NEJNW14ST
NE17,ST& NE 17 TER
88
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Bayshore Drive •
Extension :
1) Miami Herald Properties
2) Omni Area Hotels
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public
Realm
Public Private Development
The extension of Bayshore Drive to Biscayne Boulevard should be considered to provide greater access
to the Omni area hotels and the future development of the Miami Herald properties. In addition, this
connection could serve to improve the gateway to the City of Miami from 1-395 and also improve
pedestrian access between cultural components, the Performing Arts Center and Bicentennial Park
(future Museum Park).
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89
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Bayshore Drive
Extension
Several options are available for the Bayshore extension, but the primary goals of the projects should
be: 1.) Providing traffic calming measures for the access ramp to Miami Beach, and, therefore, a safer
pedestrian condition; 2.) Clarifying access from the 1-395 exit ramp to Omni area hotels; and 3.) Providing
a visual connection between Bicentennial/Museum Park to the Performing Arts Center. All potential
solutions should be coordinated with the City of Miami Planning Department, FDOT and the City of
Miami Manager's Office Transportation Division.
Above: Existing Conditions
Below: Flyover Option
em
Illustrations by Zyscovich Architects
Above: Re-route Traffic Option
Below: Urban Intersection Option
90
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
17th Street!FEC Crossing
1) Existing 20th Street Crossing
2) Proposed 17th Street Crossing
3) Existing 14th Street Crossing
4) SEOPW Boundary Expansion
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public
Realm
Public Private Development
A new FEC crossing at NW 17th Street will serve to provide improved connectivity for Overtown areas
west of the CRA and future SEOPW CRA expansion. This will aide in the future redevelopment of these
areas and ensure the potential for the development of cohesive neighborhoods.
or_ City of Miami
i,17th StreetIFEC Crossing
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Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
2-way Conversions
1) N. Miami Avenue
2) NE 1st Avenue
3) NE 2nd Avenue
4) NE 17th Street
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public Realm
Public Private Development
Two-way streets provide better connectivity, calmer traffic conditions and a safer and more comfortable
pedestrian experience. If engineering and capacity requirements can be met, segments of N. Miami, NE
1st and NE 2nd Avenues, as well as NE 17th Street and NE 17th Terrace should be converted to two-way
traffic to improve connectivity to adjacent entertainment districts, neighborhoods, and future
developments.
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92
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Water and Sewer
Upgrades
OBJECTIVES SUPPORTED
Connectivity
Sustainable Regional Destination
Variety of Housing
Improvements to the Public Realm
Public Private Development
The CRA and the Miami -Dade Water and Sewer Department have established a plan to improve existing
water and sewer facilities within the Omni CRA. That plan focuses on those areas west of Biscayne
Boulevard and will better position the area for future redevelopment. Current cost estimates for the
work indicate that water upgrades will cost approximately $6.5 million.
Graphic courtesy Miami -Dade Water and Sewer Department
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Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
5.5
Social Needs Strategies
The following strategies are provided as a framework for improvements to the delivery of human services:
providing employment opportunities and upward job mobility for residents; and to provide opportunities
for minorities and women to manage and own businesses. These problems are difficult for the CRA to
address because the CRA is generally not the direct provider of these services and to be effective the
CRA will probably have to expand its engagement with the community.
: Certain goals and objectives are implicit for the Omni District's human service delivery, employment/
Implicit Goals : workforce and business development strategy. Among them are the following:
1.) Improve the physical and social environment of the Omni District as a means of making the area
more attractive to outside investment and competitive residential expansion, and to improve the
quality of life of existing residents.
•• 2.) Increase the workforce competitiveness of the Omni District as it relates to other areas of the Miami
. and Miami -Dade County.
: 3.) Maintain the integrity of the Omni community while positioning the neighborhood for new growth
• and revitalization.
The strategy approaches that follow are designed to best address the human services delivery, employment
Principle Underlying . and women and minority business development goals identified here. The strategies are based on
Strategies •• several important underlying principles.
. These principals are based upon some practical concepts that should underlie any attempts to address
the social needs of the Omni District. These principles include the following:
1.) Identifying Employment Development Targets. To identify those industries and jobs for which Omni
residents can effectively compete for employment within the City and the rest of the Miami -Dade
County area.
• 2.) Utilizing Assets. To make maximum use of the assets that the Omni District has within its boundaries
•• — people, vacant land resources, and local government support.
: 3.) Removing Disincentive. To identify and remove the disincentives that discourage private businesses
94
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Strategies to Improve
Human Services Delivery
• from investing in the area.
4.) Creating Incentives. To identify the high leverage incentives that will develop the critical momentum
' needed to "jump start" development in the Omni District.
The delivery of human services comes from a multiplicity of public, private and volunteer organizations
all of which have their own delivery systems. Given the various complexities of these systems it becomes
difficult for the human services provider to identify the people in need as well as for the people in need
to access the appropriate service providers. Given these set of circumstances, the following three
approaches have been identified:
. 1.) Deliver human services in partnership with mediating structures, the City and County government;
2.) Raise the level of awareness and accessibility to the existing human services offered at the City and
'• County level; and
3.) Create an advocacy position, such as an Ombudsperson, in the CRA.
Mediating Structures
The CRA should establish and maintain relationships with and use the resources of mediating structures.
The first step in this process is to identify the meditating structures in Omni CRA. Such structures include
entities that have closer relationships with the constituency than the government. Mediating structures
include community service organizations, churches, and other groups that have good knowledge of
the constituency. Also, there are many mediating structures that are intangible, such as community
leaders who do not belong to a formal organization and as such are without the resources of such.
Although it is difficult to provide funding to these types of intangible entities, the CRA must identify ways
to capitalize on these resources.
Marketing the Availability of Human Services
Another way the CRA could improve the delivery of human services is to raise the level of awareness
and accessibility to the existing human services offered at the City and County level. There are several
ways in which the availability of human services could be marketed to the residents of the Omni District.
They include publication of such information in a CRA newsletter and website, radio advertisements,
95
Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Strategies to Improve
Employment
Opportunities and
Upward Job Mobility
bulletin boards, and City bus advertisements.
CRA as a Community Advocate
The CRA could become an advocate for the residents of the Omni District to the human service providers.
One way would be to create an Ombudsperson position in the CRA. The Ombudsperson would broker
complaints from residents by facilitating access between the human service providers and the community
through meetings sponsored by local churches and community service groups.
There are a variety of strategies that the CRA could employ to foster employment opportunities in the
Omni District. These strategies are very much a matter of organizing the public and private resources
within the City of Miami, and the County to maximize the potential of the Omni District. The CRA could:
1.) Identify new jobs being created within the County and disseminate that information to CRA residents
through a monthly newsletter and meditating structures;
• 2.) Co-sponsor bi-annual job fairs which they would promote aggressively; making particular use of the
• resources of mediating structures and print media to facilitate the communication process;
3.) If permitted by law, establish preference requirements for Omni District residents within CRA contracts
• with vendors; and
4.) Function as a Business Angel, which are individuals with business experience, who invest in the first
year of a company's existence. In addition to money, they bring experience, contacts, and time to the
new entrepreneur.
•• The strategies set forth above have been organized into two main categories: job generation, and
• employment and training.
Job Generation Strategies
1.) Enhance Service/Health Industry Employment. Initiate the expansion of the employment base of the
CRA through the development of jobs in the service and health industries that meet the skill level of
low-income residents.
• 2.) Enhance Office Employment. Initiate actions in the CRA designed to increase office employment.
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Omni CRA Redevelopment Plan FINAL DRAFT
PROJECTS AND STRATEGIES
5
Strategies to Foster
Small Business
Development
3.) Encourage Small Business Developments. Expand efforts for small business development through the
creation of financial resource pools and expanded business technical assistance to increase the number
of small businesses in the Omni District.
• 4.) Provide office space for community groups or entrepreneurs within the CRA for a limited interim
period (6 months to a year).
Employment and Training Strategies
1.) Create Business Linkages. Create linkages between public, and private employment development
activities and programs to train and place the unemployed and underemployed.
2.) Create Training Partnerships. Create joint efforts with the County school system to provide vocational
and technical training in the Omni District in partnership with community organizations.
In order for small businesses to capture some of the present and future market opportunities, the Omni
District will need a strategy that the City, County, and the private sector support. This section contains
strategies that can build a small business development system for the Omni District. None alone is new.
Their strength is in integrating them with existing organizational resources to create a systematic
approach. In short, it seeks to put together a formal system of resources that work cooperatively and
that have at their core the mission of assisting the growth and development of small businesses.
There are a variety of strategies that the CRA could utilize to aid the development of small businesses in
the Omni District. The CRA could:
1.) Leverage government resources by attempting to create opportunities in the CRA contract, including
small businesses within the CRA. The development of small businesses can best be fostered through joint
ventures, and a strong partnership among government, the private sector and the small business
community;
• 2.) Make Omni District residents aware of resources and organizations, using print and other local media,
as well as mediating structures;
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: 3.) Utilizing the existing resources available at several of the business resource centers in Miami -Dade
: County. These include, but are not limited to:
The Florida Black Business Investment Board, Inc. (FBBIB) is a not -for -profit corporation that supports the
creation and expansion of Florida black enterprises. In 2002, FBBIB broadened its programs and services
to include all minorities. It is a public -private partnership that provides access to capital, technical
assistance, and business opportunities. FBBIB partners with financial institutions and other public and
private organizations to leverage state appropriated funds and create greater economic development
impact. Its services are delivered to Florida constituents through eight regional black business investment
corporations with locations including Miami.
The South Florida Workforce is responsible for initiating state and federal funded workforce development
programs in Miami -Dade County. They assist employers and job seekers with employment services,
labor market information, and provide training for economically disadvantaged adults, youth,
dislocated workers, individuals transitioning from welfare to work, and refugees. While promoting the
advancement of underutilized workers, the South Florida Workforce stimulates the labor market by
implementing policies such as business incentives, and provides valuable resources to South Florida's
diverse community. All South Florida Workforce services and resources are available to everyone at no
cost through a network of One -Stop Career Centers located throughout the region.
• 4.) Provide money to start-up small businesses through revolving loan funds; and
5.) Facilitate joint ventures through the development of strong policies to ensure the participation of
• local businesses in all aspects of the redevelopment process.
These recommendations are meant to be practical ways in which the CRA can become a more active
participant in addressing some of these issues without reinventing the wheel. They also require only
minimum expansion of this existing staff capacity.
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5.6
Project Priorities and
Action Items
1
The following is a summary of action items that the CRA should pursue in order to implement the
projects and strategies outlined in the Plan Update. Action items are prioritized to take advantage of
and build upon existing and future assets of the Omni area, which will, in turn, catalyze the redevelopment
of the Omni CRA in its entirety.
HIGH PRIORITY ITEMS High priority items are those that will make a relatively immediate impact and serve to catalyze
: redevelopment efforts. Initial CRA efforts should be focused on improving the areas surrounding the
Media/Entertainment District, including the Performing Arts Center, Bicentennial Park/Museum Park, the
• Motion Picture districts, and in general, areas east of NW 1st Place and the area surrounding the Wynwood
• Free Trade Zone site. The redevelopment of these areas will provide the Omni area with a sustainable
identity and will entice further projects from the private development community. This focus includes
the following components:
Infrastructure
Streetscapes
• Upgrade water, sanitary sewer and storm water sewer capacities to meet current standards and the
development potential of the Omni CRA. (Projects 23 and 24) Upgrades should be focused on those
. areas west of Biscayne Boulevard as these areas contain the greatest degree of slum and blight conditions
and the least amount of development interest. Upgrading these infrastructure items will serve to spark
•
development interest by reducing the amount of investment required by the private development
• community.
Transportation .
Improve the Omni CRA streetscapes to provide a cohesive and inviting public realm and pedestrian
environment. (Projects 16) The Performing Arts Center serves as a catalyst to the revitalization of the
area and as such, improvement should initially be focused on those areas surrounding the PAC to help
ensure its success. Additionally, the Media/Entertainment district, west of the PAC, will see increased
development interest and should also be prioritized. Streetscape improvements should be focused on
providing a cohesive pedestrian network between the Media/Entertainment District, the PAC and the
SEOPW Entertainment Districts to the South and West.
Improve the transportation network by supporting City and CountyAgencies and their respective projects
within the Omni CRA. (Projects 19, 21 and 22) This includes the Miami Streetcar project and the
reconstruction of several streets. Additionally, it includes the conversion of one-way streets to two way
traffic flow to improve overall connectivity in the area and to provide a cohesive link (under I-395) to
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Public Parking
the Park West Entertainment District and west to the Overtown Entertainment District.
Provide off-street parking to support the PAC and the Media/Entertainment District. (Projects 2 and 5)
The CRA should work with the Performing Arts Center Trust, the Miami -Dade School Board (14th Street
properties), City of Miami, Miami -Dade County, and private developers to create public parking facilities
to support the PAC and Media/Entertainment District. These facilities should be developed jointly with
other compatible mixed uses as capture parking. In turn, parking requirements for future development
(media and entertainment uses) along 14th Street may be permanently relaxed, thus allowing the
redevelopment of adjacent properties to comply with pedestrian oriented development objectives
and making these developments more financially feasible.
Support the preservation of the Fire Station No. 2 and the Citizens Bank. (Project 17) The CRA should
Historic Preservation • focus on supporting the preservation of the Fire Station No. 2 and the Citizen's Bank building given their
location at the intersection of 14th Street and N. Miami Avenue and their potential to catalyze the
• redevelopment of 14th Street.
Regulatory
. Work with the City of Miami (and "Miami 21 ") to implement zoning changes to incentivize and control
redevelopment. (Projects 8, 9, 10, 11, 12, 13 and 14) Develop appropriate zoning ordinances to ensure
that future projects contribute to the goals and objectives of the plan update, including: 1.) Media/
• Entertainment District design guidelines to ensure a pedestrian oriented development pattern; 2.) Media/
Entertainment District residential development restrictions, special exceptions and noise abatement
strategies; 3.) Media/Entertainment District parking reductions in conjunction with the development of
off-street public parking facilities on nearby properties; 4.) Zoning changes adjacent to the PAC to
• make the development of public parking more feasible; 5.) PAC area design guidelines to ensure
• pedestrian oriented and compatible adjacent uses; and 6.) Affordable and workforce housing incentives
. the development of a sustainable neighborhood with a mix of housing choices.
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MEDIUM PRIORITY ITEMS • Medium priority items are those which will enhance private development efforts and serve to ensure
those efforts support the objectives of the CRA Plan Update. The CRA should focus on augmenting
private development efforts, and to support the redevelopment of publicly owned properties and
' facilities. CRA support should be in the form of funding components of those projects that serve the
• public good.
Infrastructure Upgrade water, sanitary sewer and storm water sewer capacities to meet current standards and the
development potential of the Omni CRA. (Projects 23 and 24) Upgrades should be focused on those
east of NE 2nd Avenue. Given the amount of existing and pending development, the CRA should focus
• on supporting these upgrades on a project by project basis, rather than the holistic approach required
. for the areas west of NE 2nd Avenue.
Streetscapes ' Improve the Omni CRA streetscapes to provide a cohesive and inviting public realm and pedestrian
• environment. (Project 16) The CRA should focus on streetscape projects which serve to connect the east
and west areas of the Omni CRA, including proposals for new streets. In addition, The CRA should
augment projects by other agencies (e.g.. FDOT Biscayne Boulevard Improvements) to ensure that the
improvements are consistent in character with other CRA improvements.
Transportation • Promote the improvement of transportation components that will improve overall regional access and
. connectivity to the Omni CRA. The CRA should, to the extent possible, promote the improvement of I-
395 and its associated interchanges (e.g.. Bayshore Drive extension) which will help enforce and sustain
' the overall redevelopment efforts of the Omni CRA.
Greenspace ' Augment private development projects by supporting the development of additional greenspace.
• (Projects 1, 2, 3, 4, 5 and 18) In order to provide a cohesive greenspace network within the Omni CRA,
. the CRA should support and encourage private developments to incorporate additional and meaningful
green and open spaces into their projects.
Regulatory '
Work with the City of Miami to expand the Media/Entertainment District. (Project 7) Once the Media/
Entertainment District begins to redevelop, the District should be expanded to support its relationship
and connectivity with the SEOPW Entertainment Districts.
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LOW PRIORITY ITEMS . Low priority items are those which will sustain redevelopment efforts or that necessarily have long lead
times with respect to their implementation. Given this, these items should have a relatively high priority
with respect to beginning the implementation process.
Transportation ' Work with the Florida East Coast Railway to secure a railroad crossing at NW 17th Street. (Project 20) The
CRA should begin discussion with the Florida East Coast Railway and appropriate transportation agencies
to secure an additional railroad crossing at NW 17th Street. This crossing will serve to sustain future
redevelopment efforts of both the OMNI and SEOPW CRA's and the areas between the two.
Greenspace • Work with the City of Miami, Miami -Dade County's Department of Environmental Resources Management
. (DERM) and other appropriate agencies to provide a continuous Baywalk. (Project 15) The CRA should
• begin discussion with appropriate agencies to create a continuous Baywalk that will provide additional
' greenspace and improved connectivity with the remainder of the City's waterfront.
Convention Facilities •• Support the development of convention related facilities (Project 6) The CRA should support the
. development of convention related facilities in so far as it meets the objective of creating a sustainable
regional destination.
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6
6.0
CIP and PRIORITIES
i
Project Matrix
Potential Funding Sources
Tax Increment Financing
Enterprise Zones
Property Tax Abatement
Refund of Impact Fees
Economic Development Transporta-
tion Fund
Tax Exempt Districts
Community Development Block
Grants
Home Investment Partnerships '
HUD Section 108 Loan Guarantees .
Economic Development •
Administration
New Market Tax Credits .
State Housing Initiatives Partnership
State Department Incentive Loan
Program
The following summarizes the projected capital improvement costs for the projects and strategies
identified in the Plan Update. Estimates are provided for both public and private components, illustrating
their interdependence and overall economic impact on the Omni CRA. Cost estimates provided for
public and private development are order of magnitude estimates and should serve as guidance for
the development of future CRA implementation strategies, management and leveraging of Tax
Increment Funds (TIF) with other Federal, State and Local funding sources.
PROJECT
CATEGORY
PROJECTS
#
PROJECT COMPONENTS
PRIORITY
HIGH MED
LOW
STRATEGIES FOR
PUBLIC/PRIVATE
DEVELOPMENT
1
MIAMI HERALD PROPERTIES
2
Infrastructure/Streetscapes/Public Amenities
CITY OF MIAMI/ MIAMI-DADE SCHOOL
BOARD PROPERTIES
3
New School Facilities
4
Workforce Housing Development
PERFORMING ARTS CENTER PARKING
5
Parking
CONVENTION FACILITIES
6
Convention Center Facilities
REGULATORY
STRATEGIES
ENTERTAINMENT DISTRICT EXPANSION
7
Zoning Amendments
ZONING STRATEGIES
8
Zoning Amendments
9
Workforce Housing Incentives & Guidelines
10
Parking Reductions & Incentives
DESIGN GUIDELINES
11
Media/Entertainment District and Noise
Abatement Guidelines
12
PAC Area Guidelines
13
Biscayne Boulevard Design Guidelines
14
NE 2,-,d Avenue Design Guidelines
IMPROVING THE
PUBLIC REALM
BAYWALK
15
New Greenspace
STREETSCAPES
16
Improved Sidewalks, Landscaping, Lighting and
Street Furniture
HISTORIC PRESERVATION
17
Restoration and Preservation of Historic
Structures
NEIGHBORHOOD GREENSPACE
18
New Greenspace and Improvements to Existing
Greenspace
TRANSPORTATION
AND
INFRASTRUCTURE
MIAMI STREETCAR
19
Track and Traction Power
17T" STREET/FEC CROSSING
20
New FEC Railway Crossing and Infrastructure
STREET RECONSTRUCTION
(2�d Avenue, NE/NW l4th Street, NE l7th
Street, NE l7th Terrace)
21
Paving, Drainage, Sidewalks, Lighting,
Landscaping and Street Furniture
2-WAY STREETS
22
Miami Ave; NE 2rd Ave; 17th Street
WATER AND SEWER UPGRADES
23
Update/Replace Existing Infrastructure
INFRASTRUCTURE
24
Update/Replace/Add Infrastructure
PRIORITIES:
HIGH: High priority projects are those that will make an immediate impact and serve to catalyze redevelopment efforts.
MEDIUM: Medium priority projects are those that can support private development efforts and serve to ensure those efforts support
Empowerment Zones the goals of the CRA Plan Update
Bond Financing
LOW: Low priority projects are those that necessarily have long lead times and would serve to reinforce and sustain redevelopment
efforts.
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6.1
MIAMI HERALD
PROPERTIES
i
Overall Priority: Medium
(See Section 5.6)
CRA funding and support for the redevelopment of the Miami Herald Properties could augment the
efforts of the private developer and the City of Miami. Such support should be applied, in whole or in
part, to public components of the project provided that redevelopment efforts support the objectives
of the Plan Update.
Project Category
Public/Private
Development
Description:
Project
Miami Herald Properties
Sub
2A
2B
New mixed -use development
Public access to Baywalk via 14th St/Public Plaza
Streetscapes and infrastructure upgrades
Potential PAC Parking
2C
2D
2E
Linear Ft (LF)
Potential Public
Components
Public Plaza
Streetscapes
900
Parking: 600 spaces'
Infrastructure
900
Infrastructure
900
1 Assumes 10% of parking total
Unit Cost (LF)
$750
$450
$450
Parking must be available to the general public
Area Unit Cost (SF)
40,000
210,000
Estimated Cost
$20
$800,000
$675,000
$40
$8,400,000
Public Sub -Total
20% Contingency
$405, 000
$405,000
$10,685,000
$2,137,000
Public Total $12,822,000
Private Components
2F
Retail
240,000
$75
$18,000,000
2G
Residential: 3900 units
4,680,000
$140
$655,200,000
2H
Office
230,000
$80
$18,400,000
21
Parking: 5400
1,890,000
$40
$75,600,000
Private Sub -Total $767,200,000
20% Contingency $153,440000
Private Total
$920,640,000
Project Total
$933,462,000
Related Public Projects
Description
Start Date
Agency
Budget
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6.2
CITY OF MIAMI &
SCHOOL BOARD
PROPERTIES
Overall Priority: High •
(See Section 5.6)
CRA funding and support for the redevelopment of the City of Miami and School Board Properties
could augment the efforts of the private developer, the City of Miami and the Miami -Dade School
Board. Such support should be applied, in whole or in part, to public components of the project provided
that redevelopment efforts support the objectives of the Plan Update.
Project Category
Project
Sub
Linear Ft (LF) Unit Cost (LF)
Area
Unit Cost (SF) Estimated Cost
Public/Private
Development
3&4
City of Miani/Miami-Dade
School Board Properties
Potential Public
Components
Description:
Includes Skills Center Redevelopment
3A
New Streets
370
$2, 000
$740,000
3B
S treetsca p es
370
$750
$277,500
3C
Housing Parking: 60
spaces'
21,000
$40
$840,000
Capture perking for Entertainment District
2 Affordable/Workforce Housing Projects
Potential New School Facilities
Reintroduce Street through School Board Property
3D
Skills Center Parking: 60
spaces
21,000
$40
$840, 000
3E
New School Facilities
70,000
$190
$13,300,000
3F
Infrastructure
370
$450
$166,500
Assumes 10% of parking total
Parking must be available to the general public
Public Sub -Total
20% Contingency
$16,164,000
$3,232,800
Public Total $19,396,800
Private Components
3G
Retail (Skills Center Only)
32,800
$75
$2,460,000
3H
Residential: 528 units
633,600
$140
$88,704,000
31
Office Skills Center Only)
140,000
$80
$11,200,000
3J
Parking: 1060 Spaces
371,000
$40
$14,840,000
Private Sub -Total $1 17,204,000
20% Contingency $23,440,800
Private Total $140,644,800
Project Total $160,041,600
Related Public Projects
Description
Start Date
Agency
Budget
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6.3
CITY OF MIAMI &
SCHOOL BOARD
PROPERTIES
PAC PARKING
1
Overall Priority: High
(See Section 5.6) •
CRA funding and support for the redevelopment of the City of Miami and School Board Properties
could augment the efforts of the private developer, The Performing Arts Center Trust, the City of Miami
and the Miami -Dade School Board. Such support should be applied, in whole or in part, to public
components of the project provided that redevelopment efforts support the objectives of the Plan
Update.
Project Category
Public/Private
Development
Sub
Project
Linear Ft (LF) Unit Cost (LF)
Area
Unit Cost (SF) Estimated Cost
5
Performing Arts Center
Parking
Potential Public
Components
Description:
New Mixed Use Development
New School Facilities
PAC Parking
5A
New Streets
TBD
$2,000
TBD
5B
S treetsca p es
TBD
$750
TBD
5C
Parking: 300 spaces'
105,000
$40
$4,200,000
5D
Infrastructure
TBD
$450
TBD
5E
New School Facilities
20,000
$190
$3,800,000
' Assumes 10% of parking total
Parking must be available to the general public
Public Sub -Total
20% Contingency
$8,000,000
$1,600,000
Public Total
$9,600,000
Private Components
5F
Retail
100,000
$75
$7,500,000
5G
Residential: 800 units
960,000
$140
$134,400,000
5H
Office
75,000
$80
$6,000,000
51
Parking: 2700 spaces
945,000
$40
$37,800,000
Private Sub -Total $185700000
20% Contingency $37,140000
Private Total
$222,840,000
Project Total
$232,440,000
Related Public Projects
Description
Start Date
Agency
Budget
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6.4
CONVENTION
FACILITIES
Overall Priority: Low •
(See Section 5.6)
CRA funding and support for the development of convention facilities could include public spaces and
amenities and adjacent upgrades to streets and streetscapes, infrastructure and other components of
the public realm.
Project Category
Public/Private
Development
Sub
Project
Linear Ft (LF) Unit Cost (LF)
Area
Unit Cost (SF) Estimated Cost
6
Convention Facilities
Potential Public
Components
Description:
Convention Related Facilities
5A
Public Spaces
TBD
TBD
TBD
5B
S treetsca p es
TBD
TBD
TBD
5C
Parking'
TBD
TBD
TBD
5D
Infrastructure
TBD
TBD
TBD
Assumes 10% of parking total
Parking must be available to the general public
Public Sub -Total
20% Contingency
$0
$0
Public Total
$0
Private Components
5F
Retail
$0
5G
Residential: 800 units
$0
5H
Office
$0
51
Parking: 2700 spaces
$0
Private Sub -Total
20% Contingency
$0
$0
Private Total
$0
Project Total $0
Related Public Projects
Description
Start Date
Agency
Budget
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6.5
BAYWALK
Overall Priority: Low •
(See Section 5.6)
CRA funding and support for the redevelopment of the Omni shoreline and the creation of a continuous
Baywalk could augment the efforts of private developers and property owners, the City of Miami and
Miami -Dade County. Such support should be applied, in whole or in part, to public components of the
project provided that redevelopment efforts support the objectives of the Plan Update.
Project Category
#
Project
Sub
#
Linear Ft (LF)
Unit Cost (LF)
Area
Unit Cost (SF)
Estimated Cost
Public Realm
15
Baywalk
Potential Public
Components
13A
Shoreline/Seawall
4,360
$3,250
$14,170,000
13B
Fill
520,000
TBD
TBD
Description:
13C
Hardscape
90,000
$15
$1,350,000
Baywalk including:
13D
Green Areas
430,000
$5
$2,150,000
(New
Relocated seawall and fill
13E
15th Street Crosswalk
30
$450
$13,500
Green and Hardscape areas
13G
Public Amenities/Furniture
50
$1,000
$50,000
Improved Street/395 crossings
Public Sub -Total $17,733,500
20% Contingency $3,546,700
Pedestrian lighting
Street Furniture
Public Total $21,280,200
Private Components
13H
Retail
$75
$0
131
Residential
$140
$0
13J
Office
$80
$0
13K
Parking
$40
$0
Private
Sub -Total $0
Contingency $0
i— 20%
Private Total $0
Project Total $21,280,200
Related Public Projects 1
Description
Start Date
Agency
Budget
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6.6
STREETSCAPES
I
Overall Priority: High
(See Section 5.6)
CRA funding and support for the redevelopment of the Omni streetscapes could augment the efforts of
private developers and property owners, the City of Miami, Miami -Dade County, and the Florida
Department of Transportation. Such support should be supplemental to basic improvements and
maintenance provided by responsible governmental agencies.
Project Category
#
Project
Sub
#
Linear Ft(LF)
UnitCost(LF)
Area
UnitCost(SF)
Estimated Cost
Public Realm
16
Streetscapes
Potential Public
Components
14A
Biscayne Boulevard
3,500
$750
$2,625,000
14B
Bayshore Drive
975
$750
$731,250
4C
18th Street
425
$750
$1,068,750
Description:
Improve streetscapes
and repair, including:
Special paving treatments
Pedestrian lighting
beyond
basic maintenance
4D
17th Street
510
$750
$1,132,500
14E
17th Terrace
560
$750
$420,000
14F
16th Street
1,320
$750
$990,000
14G
15th Street
3,070
$750
$2,302,500
14H
14th Street
2,710
$750
$2,032,500
141
13th Street
2,350
$750
$1,762,500
Landscaping
14J
Miami Avenue
3,160
$750
$2,370,000
Street Furniture
14K
1st Avenue
2,100
$750
$1,575,000
14L
2nd Avenue
3,560
$750
$2,670,000
Special Signage
14M
Secondary Streets
5,570
$500
$2,785,000
Public
Sub -Total $22,465,000
Contingency $4,493,000
20%
Public Total $26,958,000
Private Components
14N
Retail2
115,000
$75
$8,625,000
140
Residentia12130 units
156,000
$90
$14,040,000
14P
0ffce2
150,000
$80
$12,000,000
14Q
Parking'
1,000
$40
$40,000
Street Development (exclusive
of Skills Cente
Private Sub -Total $34,705,000
) 20% Contingency $6,941,000
2 14th
Private Total $41,646,000
Project Total 568,604,000
Related Public Projects
Description
Start Date
Agency
Budget
SEOPW & OMNI B-30049 Street Maint. Program
No Specific Scope
2009
City of Miami CIP Dept.
$4,443,765
SEOPW & OMNI B-30050 Street Maint. Program
No Specific Scope
2009
City of Miami CIP Dept.
$3,535,421
SEOPW & OMNI B-30049 Street Reconstruction Improvement:
No Specific Scope
2006
City of Miami CIP Dept.
$8,071,885
OMNI B-39911 Venetian Causeway Improvements
Improvements to Venetian Causeway
2008
City of Miami CIP Dept.
$8,071,885
Biscayne Boulevard Improvements
13th Street to 38th Street
TBD
FDOT
TBD
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6.7
HISTORIC
PRESERVATION
•
j
�!1 _rr
Overall Priority: High •
(See Section 5.6)
CRA funding and support for the preservation of historic structures in the Omni CRA could augment the
efforts of the private developer and property owners, and the City of Miami. Such support should be
applied, in whole or in part, to public components of the project provided that redevelopment efforts
support the objectives of the Plan Update.
ProjectCafegory
#
Project
Sub
#
Linear Ff(LF)
UnitCost(LF)
Area
UnitCost(SF)
EstimafedCost
Public Realm
17
Historic Preservation
Potential Public
Components
15A
Miami Cemetery (City)
TBD
Description:
15B
S&S Restaurant
TBD
Restoration of Historic Structures
15C
Fire Station #2 (City)
$4,000,000
15D
Citizens Bank
TBD
15E
Shrine Building
TBD
15F
Sears Tower
PAC
$3,750,000
TBD
15G
Miami Woman'sClub 40yrre.::ertification
15H
Dorsey Library
Public Sub -Total
$7,750,000
20% Contingency $1,550,000
Public Total
$9,300,000
Private Components
151
Retail
$75
$C
15J
Residential
$90
$C
15K
Office
$80
$C
15L
Parking
$40
$C
Private
Sub -Total
$C
20%
Contingency
$C
Private Total
$0
Project Total
$4,800,000
Related Public Projects
Description
Start Date
Agency
Budget
110
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6
6.8
NEIGHBORHOOD
GREENSPACE
Overall Priority: Medium
(See Section 5.6)
CRA funding and support for improvements to existing greenspace and the creation of new greenspace
in the Omni CRA could augment the efforts of the private developer and property owners, the City of
Miami, Miami -Dade County, and the Florida Department of Transportation (1-395 improvements). Such
support should be applied, in whole or in part, to public components of the project provided that
redevelopment efforts support the objectives of the Plan Update.
Project Category
#
Project
Sub
#
Linear Ft (LF)
Unit Cost (LF)
Area
Unit Cost (SF)
Estimated Cost
Public Realm
18
Neighborhood
Greenspace
Potential Public
Components
16A
Land Acquisition
TBD
Market
Description:
16B
Fire Station #2
7,500
$20
$150,000
Greenspace/Parks/Plazas
16C
PAC North
12,000
$20
$240,000
16D
PAC South
65,000
$20
$1,300,000
16E
Workforce Housing
20,000
$20
$400,000
Public Sub -Total $2,090,000
20% Contingency $418,000
Public Total $2,508,000
Private Components
16F
Retail
$75
$0
16G
Residential
$140
$0
16H
Office
$80
$0
161
Parking
$40
$0
Private
Sub -Total $0
Contingency $0
20%
Private Total $0
Project Total $2,508,000
Related Public Projects
Description
Start Date
Agency I
Budget
111
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6
6.9
MIAMI STREETCAR
q
Overall Priority: High
(See Section 5.6)
CRA funding and support for implementing the Miami Streetcar could augment the efforts of the City of
Miami. Such support should be applied, in whole or in part, to public components of the project provided
that redevelopment efforts support the objectives of the Plan Update.
Project Category
#
Project
Sub
#
Linear Ft (LF)
Unit Cost (LF)
Area
Unit Cost (SF)
Estimated Cost
Transportation &
Infrastructure
19
Miani Streetcar
Potential Public
Components
Description:
Streetcar track and traction
within the CRA limits
17A
Track & Traction Power
Single Track
2,344
power
Double Track
5,639
$17,000,000
Public Sub -Total $17,000,000
20% Contingency $3,400,000
Public Total $20,400,000
Private Components
17C
Retail
$75
$0
17D
Residential
$140
$0
17E
Office
$80
$0
17F
Parking
$40
$0
Private
Sub -Total $0
Contingency $0
20%
Private Total $0
Project Total $20,400,000
Related Public Projects 1
Description
Start Date
Agency
Budget
112
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6
6.10
17TH STREET/FEC
CROSSING
Overall Priority: Low
(See Section 5.6) •
CRA funding and support for an additional crossing of the Florida East Coast Railway could augment
the efforts of the City of Miami. Such support should be applied, in whole or in part, to public components
of the project.
Project Category
Transportation &
Infrastructure
Sub
Project
Linear Ft (LF) Unit Cost (LF)
Area
Unit Cost (SF) Estimated Cost
20
17th Sheet/FEC Crossing
Potential Public
Components
Description:
New rail crossing at 17th Street
20A
New Streets
90
$2, 000
$180,000
20B
RR Signal & Infrastructure
1
$150,000
$150, 000
Public Sub -Total
20% Contingency
$330,000
$66,000
Public Total
$396,000
Private Components
20C
Retail
$75
$0
20D
Residential
$140
$0
20E
Office
$80
$0
20F
Parking
$40
$0
Private Sub -Total
20% Contingency
Private Total
$0
$0
$0
Project Total $396,000
Related Public Projects
Description
Start Date
Agency
Budget
113
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6
6.11
STREET
RECONSTRUCTION
Overall Priority: High •
(See Section 5.6)
CRA funding and support for the reconstruction of NE 2nd Avenue could augment the efforts of the City
of Miami and Miami -Dade County in conjunction with the implementation of the Miami Streetcar. Such
support should be applied, in whole or in part, to public components of the project.
Project Category
#
Project
Sub
#
Linear Ft (LF)
Unit Cost (LF)
Area
Unit Cost (SF)
Estimated Cost
Transportation &
Infrastructure
21
Street Reconstruction
Potential Public
Components
21A
NE 2nd Avenue
3,560
$2,000
$7,120,000
21 B
NE /NW 14th Street
2,700
$2,000
$5,400,000
21C
NE 17th Street
1,260
$2,000
$2,520,000
21 D
NE 17th Terrace
500
$2,000
$1,000,000
Description:
Paving, drainage, sidewalk,
street furniture and signage
Public Sub -Total $16,040,000
20% Contingency $3,208,000
lighting,
Public Total $19,248,000
Private Components
21E
Retail
$75
$0
21F
Residential
$140
$0
21 G
Office
$80
$0
21H
Parking
$40
$0
Private
Sub -Total $0
Contingency $0
20%
Private Total $0
Project Total $19,248,000
Related Public Projects 1
Description
Start Date
Agency
Budget
114
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6.12
2-WAY CONVERSIONS
Overall Priority: High •
(See Section 5.6)
CRA funding and support for the 2-way conversions could augment the efforts of the City of Miami,
Miami -Dade County and the Florida Department of Transportation. Such support should be applied, in
whole or in part, to public components of the projects provided that redevelopment efforts support
the objectives of the Plan Update.
Project Category
#
Project
Sub
#
Linear Ft (LF)
Unit Cost (LF)
Area
Unit Cost (SF)
Estimated Cost
Transportation &
Infrastructure
22
2-way Conversions
Potential Public
Components
Description:
Conversion of 1-way
traffic flow
streets
to 2-way
22A
17th Street
1,510
$900
$1,359,000
22B
Miami Avenue
2,160
$900
$1,944,000
22C
1st Avenue
2,100
$900
$1,890,000
22D
2nd Avenue
1,400
$900
$1,260,000
Public Sub -Total $6,453,000
20% Contingency $1,290,600
Public Total $7,743,600
Private Components
22E
Retail
$75
$0
22F
Residential
$140
$0
22G
Office
$80
$0
22H
Parking
$40
$0
Private
Sub -Total $0
Contingency $0
20%
Private Total $0
Project Total $7,743,600
Related Public Projects 1
Description
Start Date
Agency
Budget
115
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6
6.13
WATER AND SEWER
UPGRADES
ewe
_ii4,.",,v_ =_-_
...
„A
Overall Priority: High
(See Section 5.6) •
The CRA should fund, in cooperation with Miami -Dade Water and Sewer Department, upgrades of
water and sewer facilities. MDWASD has established a plan that focuses on those areas west of Biscayne
Boulevard and will better position the area for future redevelopment.
Project Category
Transportation &
Infrastructure
23
Project
Water and Sewer
Upgrades
Description:
Upgrade Water and Sewer Infrastructure
Sub #
Potential Public
Components
W L-1
8-inch water line
W L-2
W L-3
8-inch water line
8-inch water line
Linear Ft (LF) Unit Cost (LF) Area Unit Cost (SF) Estimated Cost
600
$188
$112,668
$78,868
WL-4 8-inch water line
WL-5 8-inch water line
W L-6
W L-7
8-inch water line
16-inch water line
785 $188
770 $188
$102,340
$147,407
$144,591
$259,136
W L-8
W L-9
WL-10
16-inch water line
8-inch water line
8-inch water line
WL-11
WL-12
8-inch water line
8-inch water line
WL-13
WL-14
WL-15
8-inch water line
8-inch water line
8-inch water line
8-inch water line
WL-17 8-inch water line
24A Sewer
,500
890
470
$262
$188
$188
,540
830
500
$188
$188
$188
300
$188
$71,924
$392,310
$167,124
$88,257
$210,314
$291,059
$289,181
$155,857
$93890
$221580
$56334
$200000
Public Sub -Total $3,082840
Public Total
$3,082,840
Private Components
24C
Retail
$75
$0
24D
Residential
$140
$0
24E
Office
$80
$0
24F
Parking
$40
$0
Private Sub -Total
20% Contingency
$0
$0
Private Total
$0
Project Total $3,082,840
Related Public Projects
Description
Start Date
Agency
Budget
116
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6
6.14
INFRASTRUCTURE
Overall Priority: High .
(See Section 5.6)
In addition to water and sanitary sewer upgrades, the CRA should fund general infrastructure
improvements or additions, in cooperation with other responsible agencies. This includes, but is not
limited to:
1) Stormwater Drainage Infrastructure;
2) Data Communication Networks, Fiber Optics and Cable;
3) Natural Gas;
4) Chilled Water; and
5) Electrical Service
Costs for these items has not been estimated.
Project Category
#
Project
Sub
#
Linear Ft (LF)
Unit Cost (LF)
Area
Unit Cost (SF)
Estimated Cost
Transportation &
Infrastructure
24
Infrastructure
Potential Public
Components
24A
Stormwater Drainage
TBD
TBD
TBD
24B
Data Communication
TBD
TBD
TBD
24C
Fiber Optic
TBD
TBD
TBD
24D
Cable
TBD
TBD
TBD
24E
Natural Gas
TBD
TBD
TBD
24F
Chilled Water
TBD
TBD
TBD
Description:
24G
Electrical Sery ice
TBD
TBD
TBD
Stormwater Drainage
i
Public Sub -Total
20% Contingency
$0
$0
Data Communication, Fibe Optic, and Cable
Natural Gas
Public Total
TBD
Private Components
24H
Retail
$75
$0
241
Residential
$140
$0
24J
Office
$80
$0
24K
Parking
$40
$0
Private Sub -Total
20% Contingency
$0
$0
Private Total
$0
Project Total
TBD
Related Public Projects 1
Description
Start Date
Agency
Budget
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6
6.15
CIP COST SUMMARY
As discussed in the following Financing Plan, current cost estimates indicate that approximately $213
million in public funds would have to be raised to support the projects for which cost estimates are
available . Of this amount approximately $31.5 million would be needed to fund joint public -private
initiatives. Another $49.54 million would be needed to support the implementation of public realm
project initiatives and approximately $50.87 million would be needed in public funds for transportation
and infrastructure projects.
Project Category
Public/Private Development
#
1
2
Project
Miami Herald Properties
Public
Private
Project Total
$920,640,000
$933,462,000
$12,822,000
3 & 4
City of Miami/Miami-Dade School Board Properties
$19,396,800
$140,644,800
$160,041,600
5
Performing Arts Center Parking
$9,600,000
$222,840,000
$232,440,000
6
Convention Facilities
$0
$0
$0
Sub -Total
Regulatory Strategies
7
Entertainment District Expansion
No Capital Cost
No Capital Cost
No Capital Cost
8
Zoning Strategies: Amendments
9
Zoning Strategies: Affordable and Workforce Housing
Incentives
10
Zoning Strategies: Parking Reductions
11
Design Guidelines: Media/Entertainment District
12
Design Guidelines: PAC Area Guidelines
13
Design Guidelines: Biscayne Boulevard Design Guidelines
14
Design Guidelines: NE 2nd Avenue Design Guidelines
Public Realm
15
Baywalk
$21,280,200
$0
$21,280,200
16
Streetscapes
$26,958,000
$41,646,000
$68,604,000
17
Historic Preservation
$4,800,000
$0
$4,800,000
18
Neighborhood Greenspace
$2,508,000
$0
$2,508,000
Sub -Total
$55,546,200
$41,646,000
$97,192,200
Transportation & Infrastructure
19
Miami Streetcar
$20,400,000
$0
$20,400,000
20
17th Street/FEC Crossing
$396,000
$0
$396,000
21
2nd Avenue Reconstruction
$19,248,000
$0
$19,248,000
22
2-way Conversions
$7,743,600
$0
$7,743,600
23
Water and Sewer Upgrades
$3,082,840
$0
$3,082,840
24
Infrastructure
TBD
$0
TBD
Sub -Total
$50,870,440
$0
$50,870,440
Public
Private
Total
Total Cost
$271,760,440
$4,427,325,600
$4,699,086,040
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7
7.0
FINANCING PLAN
Community redevelopment agencies nationwide often lack the full range or amount of financial
resources needed to do the broad variety of housing, economic development, and infrastructure projects
required to redevelop their areas. Given more recent demands on national financial resources, local
redevelopment initiatives are likely to require even more creativity than in the past as to how they are
financed. This will require looking more to the private sector.
At the same time, the creative use of public funding sources will continue to be the best way to leverage
the private dollars that might be required. Attracting private sector funding will require a redevelopment
plan that is based on a sound economic development strategy that can be embraced by the private
sector.
This Plan Update recognizes the need to achieve the public/private balance required though its
recommendation of a series of development initiatives that are market oriented. It also establishes
strategies for the introduction of workforce housing that will benefit low and moderate income families
as a necessary component of the CRA redevelopment Plan Update.
The Financing and Management Plan establishes the underlying assumptions for generating the resources
• needed to implement the plan by:
1) Identifying the Market Oriented Economic Development Strategy
2) Assessing the Financial Needs for Plan Implementation
3) Establishing the Redevelopment Financing Principles
4) Identifying Funding Sources and Tools
5) Developing a Sources and Uses of Funds Matrix
6) Providing Prototype Project Financing Strategies
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7.1
MARKET ORIENTED
ECONOMIC
DEVELOPMENT
STRATEGY
1
The OMNI CRA seeks strong, long-term economic growth for an area of the city that has yet to maximize
its asset value to the city. In order to improve its asset value, the strategy focuses on three major
investment targets. These targets are:
1) Places and Infrastructure
2) Potential Development Opportunities
3) People
The market oriented economic development strategy for the OMNI CRA has five fundamental objectives.
These objectives are as follows:
1) To fully utilize the physical assets of the OMNI CRA to improve the quality of life for Miami and Miami -
Dade County residents;
2) To generate jobs for residents of the City and the CRA;
3) To create strong and successful businesses in the CRA that will provide jobs for low skilled, and semi-
skilled residents and professional workers;
4) To increase the tax base to support CRA and City objectives including support for services and
facilities required to enhance the quality of life; and
5) To maximize the contribution of the OMNI CRA to the economy of the City of Miami and Miami -Dade
County, Florida.
In order to achieve these objectives the plan identifies a number of development opportunities that
will result in new construction, new and expanded businesses, and employment opportunities. When
fully implemented, projects undertaken in the plan will generate construction employment, office
employment, retail employment, service employment, hotel employment, as well as maintenance jobs
in both the public and private realm.
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Places and
Infrastructure
Place -based economic development is all about utilizing or reutilizing physical assets for either economic
: or economic support activities. In places where redevelopment is the dominant approach, place -
based economic development seeks to improve the economic value of deteriorating physical assets
through redevelopment. The net result of the redevelopment activity is an increase in the amount of
place -based employment and aggregate tax base. However, place -based economic development
often requires improvements in the support infrastructure for potential redevelopment sites. Much of
this infrastructure often lies in the public domain. This Plan Update identifies specific places and
infrastructure that need to be addressed in order to maximize the potential of the OMNI CRA. These
include the following:
1) Performing Arts Center
2) Miami Herald Infrastructure
3) City of Miami Properties
4) School Board Properties
5) Wynwood Free Trade Zone Site
6) Baywalk
7) Neighborhood Green Space
8) Streetscapes
9) Historic Building Preservation
10)Transportation Infrastructure
Specific transportation infrastructure projects include the Miami Streetcar project, 2nd Avenue
reconstruction, Bayshore Drive Extension, expansion of two-way streets and the 17'" street/FEC Crossing.
Advancing these recommendations or projects will aid in capturing the development opportunities
that can help to maximize the OMNI area as a city asset. Within the context of the place -based economic
development strategy are certain specific development opportunities that can be supported by market
trends.
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7
Development .
Opportunities Areas
The plan identifies a number of development opportunity areas that will have the potential to generate
a significant number of jobs, increase the tax base, and enhance the quality of life in the OMNI area. A
number of these opportunities are market driven, can be initiated by the private sector because they
can generate sufficient sales to provide a competitive return on investment. In almost all cases these
are tax base enhancing and job generating development opportunities.
These development opportunity areas include the following:
1) Convenience Goods Retail Development
2) Shopper's Goods Retail Development
3) Hotel Development
4) Office Development
5) Entertainment Industry Expansion
6) Market Rate Housing Development
7) Media Industry Expansion
However, there is also the need to support development opportunities, such as workforce and affordable
ownership housing that may not provide competitive returns on investment. In this context, the
redevelopment plan describes ways of dealing with areas where the market does not, or cannot itself
deliver on the development opportunity proposed by creatively using zoning regulations or other
incentives that can make workforce and affordable housing economically feasible.
Economic development is all about improving the quality of life for people. Improving the tax base is
a direct benefit to people because the tax base provides the financial support for municipal services,
social services, and education.
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People
People are the most important target of any economic development strategy. This is both true for
people who currently live in the area as well as for people who might be attracted to the area in the
future. In this context, the economic development strategy seeks to improve the quality of life for
people who reside in the OMNI CRA through the following initiatives:
1) Job Development;
2) Providing access to job training resources;
3) Providing access to employment services resources;
4) Improving the overall physical environment;
5) Expanding retail choices;
6) Expanding service choices;
7) Expanding entertainment choices;
8) Expanding housing choices;
9) Creating a supply of workforce housing; and
10) Creating a supply of affordable housing.
While an important social objective, the provision of workforce and affordable housing, given the
economics of land cost in the OMNI area, is the most difficult of all socio-economic objectives to
achieve. A part of the problem is that upper income housing is the most profitable for developers.
This economic reality forces the use of incentives as the tool to help assure that replacement housing
can be provided for families who may be forced to relocate as a result of redevelopment. It is because
of these economic forces that this update recommends the proposed expansion of the current
boundaries of the CRA as a means of providing affordable and workforce_ housing as a part of the
redevelopment program.
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7
As a separate strategy, and to maximize the resources potential, this Plan Update recommends expansion
to the north and west, into a geographic area with lower land values, if such a location exist, where
the economics of land cost may be more favorable for the development of workforce and affordable
housing. Such an approach would target an additional blighted area to reclaim utilizing OMNI CRA
authority and resources. In taking such an approach the CRA would take care to assure that projects
within the current boundaries of the CRA continue to receive the highest priority for funding.
The Plan Update has therefore been based on an economic development strategy for the OMNI area
that recognizes it as an urban place, with some unique urban amenities such as the bay vistas, the
Performing Arts Center, and entertainment districts, and seeks to capitalize on these amenities by
improving specific spaces, capturing market oriented development opportunities, and improving the
quality of life for its residents.
•• Our preliminary assessment indicates that with the full implementation of the plan between 4,000 and
. 5,000 new jobs would be created in the OMNI CRA over the next 15 years.
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7
7.2
ASSESSING THE
FINANCIAL NEEDS FOR
PLAN IMPLEMENTATION
Public!Private
Development Initiatives
The implementation of this Plan Update will require a substantial public and private financial commitment.
Current projections indicate that total cost will exceed $2.3 billion. Additional financial resources will be
needed to support the development of the Convention Center Project, Baywalk improvements, and
for neighborhood green space.
• For purposes of this plan the cost for the redevelopment of the OMNI area has been allocated to three
funding categories. These categories include the following:
•• 1) Public/Private Development Initiatives;
• 2) Public Realm Improvements; and
: 3) Supporting Transportation and Infrastructure.
The Plan Update identifies five public/private development initiatives. These include the redevelopment
of the Miami Herald properties, the development or redevelopment of properties currently owned by
the City of Miami or the Miami -Dade Public School System, the development of parking support for the
Performing Arts Center, and the development of a Convention/Conference Center facility.
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7
Table 1 below provides an estimate of the public and private costs to carry out four of the five initiatives.
The concept for the convention center/conference facility has not, at this point, been developed
sufficiently so that costs can be estimated.
• TABLE 1: Public -Private Development/Estimations of Probable Costs
Development Initiatives Public Private Project Total
Miami Herald Properties $11,539,800 $828,576,000 $840,115,800
City of Miami/Miami-Dade $3,092,400 $126,580,320 $129,672,720
School Properties
Performing Arts Center $4,536,000 $200,556,000 $205,092,000
Parking
Convention Facilities N/A N/A N/A
Total $19,168,200 $1,155,712,320 $1,174,880,520
*Adjusted to reflect decrease in construction costs
Table 1 shows that four of the identified public/private development initiatives will likely cost more than
$1.1 billion. However of these costs only about $19.168 million will be required from the public sector.
This suggests strong leverage of public dollars. In fact, every one dollar of public investment in these
initiatives will generate nearly $60 of private investment.
Since most of these public/private development initiatives will be financed by the private sector it will
be important to work closely with the private development community to develop the financing plan
for each project activity.
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7
Public Realm
Improvements
Public realm improvements are improvements that are oriented to the public landscape and which
may require both public and private financing. The Plan Update includes projects in four categories.
These include baywalk, streetscape improvements, historic preservation projects, and neighborhood
green space.
Table 2 provides an estimate of the public and private costs that will be required to carry out the
improvements recommended for the public realm. It should be noted that the cost for the baywalk as
well as the cost for neighborhood green space will require more specific concept definition before
realistic estimates of cost can be made.
Table 2: Public Realm Improvements, Cost Estimates
Project Categories Public
Bay Walk $19,152,180
Streetscapes $18,856,800
Historic Preservation $4,320,000
Neighborhood Green $2,257,200
Space
TOTAL $44,586,180
Private Project Total
0 $19,152,180
$37,481,400 $56,338,200
0 $4,320,000
N/A $2,257,200
$37,481,400 $82,067,580
*Adjusted to reflect decrease in construction costs
Table 2 shows that the total cost for baywalk, streetscape improvements, historic preservation and
neighborhood green space are expected to be approximately $91.186 million. Of this amount, $49.540
million will be needed from public resources to implement the baywalk, streetscape, historic preservation
and neighborhood green space recommendations of the Plan Update.
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7
Supporting .
Transportation and
Infrastructure
The supporting transportation and infrastructure project category is made up of seven project line
items. These include the Miami Streetcar projection, the creation of a 17th Street/FEC Crossing, the
reconstruction of 2nd Avenue, the completion of a 2-way street conversion program, water and sewer
upgrades, and storm water upgrades.
Project Categories
Miami Streetcar
17th Street/FEC Crossing
2nd Avenue Reconstruction
2-way Conversions
Water and Sewer Upgrades
Infrastructure
Total
Public
$18,360,000
$356,400
$17,323,200
$6,969,240
$2,774,556
N/A
$45,783,396
Private
$
$
$
$
$
$
$0
*Adjusted to reflect decrease in construction costs
Project Total
$18,360,000
$356,400
$17,323,200
$6,969,240
$2,774,556
N/A
$45,783,396
Table 3 shows that the total costs estimated for the Miami Streetcar project, 17th Street/FEC Crossing,
•• the 2nd Avenue reconstruction, 2-way conversions and water and sewer upgrades will be approximately
• $45.783 million.
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Conclusion
While the costs of all of the proposed initiatives are not currently available, current cost estimates
indicate that approximately $192million in public funds would have to be raised to support the projects
for which cost estimates are available . Of this amount approximately $19.2 million would be needed
to fund joint public -private initiatives. Another $44.59 million would be needed to support the
implementation of public realm project initiatives and approximately $45.78million would be needed
in public funds for transportation and infrastructure projects.
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7.3
ESTABLISH THE
REDEVELOPMENT
FINANCING PRINCIPLES
II
Use a Multiple Funding
Approach
Tax Increment
Leveraged Bond
Financing
Maximize
Public!Private Financing
The financing strategy for public funding requirements should be based upon a set of principles established
to achieve the following objectives:
1) Meet funding cycle objectives;
2) Minimize the use of local tax dollars;
3) Achieve maximum leverage of private funding; and
4) Minimize long-term public cost.
In order to achieve these objectives, six principles are recommended as a basis for establishing the
public financing strategy for the OMNI CRA. These principles are as indicated below:
The projects which have been identified to help improve the OMNI Area cut across a multiplicity of
program and funding areas. In some cases, agencies other than the CRA will be responsible for their
implementation. This forces the need to recognize that many of the projects will be funded by different
federal, state, and local programs and oft times through different agencies. Even in cases where the
CRA will be responsible to provide the funding it should not rely on one source but seek to identify other
local, state, and federal programs which can leverage its trust funds.
The OMNI CRA should utilize the tool of revenue bonds to generate some of the financial resources
needed to meet public funding obligations of the plan. The availability of such financing may provide
the flexibility needed to have matching funds available for public -private initiatives while at the same
time funding projects which must meet specific time schedules for implementation. Funding some of
the projects early in today's dollars will also save cost given the inflated construction costs that may be
experienced in later years.
To the maximum extent possible, the OMNI CRA should strive to achieve the joint public/private financing
of projects. This approach will allow for the greatest leverage of public dollars while at the same time
assuring private sector participation. Since most of these initiatives are privately managed, they also
reduce public management time requirements.
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Optimize Flexible
Funding Approach
Provide for Maintenance
of Improvements
While it is good discipline to have budgets, it is always good to keep in mind that development is a
dynamic process. Opportunities that were not known yesterday can become available today. The
financial strategy should be sufficiently flexible so that it can be modified if new opportunities present
themselves. One approach would be to set aside reserve funds which could be used when new
opportunities are presented. A second approach would be to have a relatively simple process for
changing project priorities in the budget. In either case, an entrepreneurial approach to budget
management is important.
The OMNI CRA should require a maintenance plan, adequately funded, for all of its funded projects. The
absence of a maintenance plan threatens the long-term viability of the project. By forcing consideration
of maintenance requirements, the CRA will be helping to insure that public funds have been invested
properly and that useful life will be extended.
•• The incorporation of these five principles into the OMNI CRA financial planning and commitment process
. will help to assure that funds from a variety of sources are efficiently used to achieve the public objectives.
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7.4
IDENTIFYING
FUNDING SOURCES
AND TOOLS
This planning process has required an examination of various federal, state, and local economic
development programs, institutions and tools that are available to the Omni CRA to implement the
Redevelopment Plan Update. This report identifies the most relevant federal, state, county, and local
programs and incentives that the CRA can take advantage of for the purposes of economic and
community redevelopment, and incorporates the details of funding procurement and allocation for
these programs.
It should also be noted that Florida has developed financial incentive programs to encourage
partnerships between local governments and private investors to implement economic development
projects in the State. Working together with private developers, the City of Miami has indicated that it
will continue to apply for Urban Development Action Grants, and Housing Development Action Grants
in areas where housing can be developed as a part of mixed -use projects. The City of Miami has also
indicated that it will continue to provide incentives for commercial redevelopment and new construction
in areas where such redevelopment will contribute to the improvement in the built environment. Such
incentives may be offered through the building facade treatment program, CDBG funds, and other
redevelopment assistance programs.
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7.4.1
Miami -Dade County
Economic Resources
and Incentives
Tax Increment •
Financing (TIF)
Source: --
Regulation:
COUNTY ORDINANCE 87-47
Local Administrator:
CITY OF MIAMI COMMUNITY
DEVELOPMENT DEPARTMENT,
HOUSING DIVISION
Finance Type:
TAX CREDITS
Cycle:
YEAR ROUND
Current Funding Status:
ACTIVE
Eligible Applicants:
NON-PROFIT & FOR -PROFIT
DEVELOPERS
Eligible Activities:
ECONOMIC DEVELOPMENT
ACTIVITIES
Program Contact:
DIRECTOR OF COMMUNITY
DEVELOPMENT
Program Address:
444 SW 2ND AVENUE, 2ND FLR.
MIAMI, FL 33130
Contact Numbers:
PHONE: (305) 416-2080
Below is a description of resources that may be either directly or indirectly available
from Miami -Dade County.
Tax Increment Financing (TIF) utilizes the incremental increase in ad valorem tax revenue within a
designated geographic area to finance redevelopment projects within that area. As property values
rise above an established aggregate valuation (the "frozen" tax base), tax increment is generated by
applying the millage rate to that increase in value and depositing in a trust fund an amount equal to
such increased tax revenue. The trust fund is the source for repayment of indebtedness.
Florida redevelopment activities are initiated by the governing body of a city or county adopting a
resolution finding the existence of one or more slum or blighted areas or a shortage of housing affordable
to low or moderate income persons within its jurisdiction. The resolution must also find that the
"rehabilitation, conservation, or redevelopment, or a combination thereof," of the area is necessary.
The governing body must further find the need for a community redevelopment agency ("CRA") to
function within that local government's boundaries to carry out the purposes of the Redevelopment
Act. The governing body by resolution may designate itself as the CRA, create a separate CRA by
ordinance, or designate a pre-existing downtown development entity.
Successful CRA/TIF Examples in South Florida
In 2003, Margaret Pace Park was revitalized through the efforts of the City of Miami through a joint
agreement with the Omni Advisory Board and the Omni CRA. Funding for the $4 million regional park
was made possible through City of Miami Homeland Defense Neighborhood Improvement Bond Issue,
the SAFE Neighborhood Parks Trust for Public Land, a FIND (Florida Inland Navigational District) grant,
Parks Impact Fees, and an advance from the Omni CRA TIF funds.
The City of Delray Beach jump-started its downtown planning in 1989 when voters approved a $21.5
million "Decade of Excellence of Bond" referendum that enabled the city to widen and brick pave
sidewalks along East Atlantic Avenue, install new street lighting, and provide for extensive plantings.
The Delray Beach's Community Redevelopment Agency (CRA) offers a variety of financial and technical
assistance programs to downtown investors including small business loans, historic facade easements
for exterior building improvements, and site development assistance. The CRA also engages in the
acquisition and disposition of distressed properties and vacant parcels of land. Land assemblage for
redevelopment purposes is perhaps the single most important function served by CRA's in South Florida.
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Enterprise Zones
The City of Hollywood's CRA has been active in refurbishing their downtown. In 1987, the CRA spent
$1.8 million in streetscape improvements to Hollywood Boulevard. Improvements included new
sidewalks, brick pavers, median landscaping, streetlamps, and street furniture. Another $2.6 million
was spent in 1996 for streetscape improvements to Harrison Street in the downtown. Those improvements
included widening of the sidewalks to 15 feet, brick pavers, streetlamps, and landscaping. The CRA
also provides low interest loans for building improvements in the downtown. Loans are available
through local banks at the prime rate with the city subsidizing one half of the interest payment. To
date, the CRA has leveraged nearly $3 million in loans for downtown building improvements.
• The Enterprise Zone program offers opportunities for entrepreneurial initiatives and small business
expansions. Businesses locating in enterprise zones qualify for property, sales and corporate tax credits.
The establishment of an Enterprise Zone is a precursor to the establishment of an Empowerment Zone.
' Only a portion of the Omni CRA falls within Miami's Enterprise Zone - that area which is west of Biscayne
• Boulevard, the areas east of Biscayne Boulevard are excluded because they do not meet the requirements
• of a distressed community.
Propoerty Tax • If a business locates or expands in an Enterprise Zone, and increases real or personal property value, it
Abatement ; could receive an abatement of 50% or 100%of property taxes levied by the County on the improvements
' to the property for up to five years. In addition to being located within an Enterprise Zone, the
• requirements of this abatement include that the business must create at least five new permanent full-
• time jobs. While this incentive might be available to businesses located within the Enterprise Zone
. portion of the CRA the use of this tool might not be good financial policy since the CRA is highly
dependent upon the use of tax increment resources. Such abatements should be granted on the merits
' on a case by case basis with a maximum abatement of 50% on the property improvements for the first
Refund of Impact Fees
• five years.
• If a business locates or expands in an Enterprise Zone, it may qualify for a refund of applicable road, fire
. and emergency services, and police impact fees. A reimbursement of Impact Fees paid would lower
the cost of the relocation or expansion, resulting in a substantial savings to the business. To receive the
' Impact Fee refund, the business must have been granted Property Tax Abatement, and execute a
• covenant to maintain the abatement for five years. If the business is located within a municipality in an
. Enterprise Zone area, both the municipality and the County have to first approve the ad valorem tax
exemptions. To date, only the City of Hialeah has approved ad valorem tax exemptions.
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Economic Development .
Transportation Fund
(Road Fund) .
•
The Economic Development Transportation Fund, commonly referred to as the "Road Fund," is an
incentive tool designed to alleviate transportation problems that adversely impact a specific company's
location or expansion decision. The elimination of the problem must serve as an inducement for a
specific company's location, retention or expansion in Florida and must create or retain jobs. Up to $2
million may be provided to the local government based on the number of jobs created. Only businesses
in target industries serving multi -state and/or international markets are eligible. The business must be
able to locate in other states.
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7.4.2
City of Miami
Economic Resources
and Incentives
The following is a discussion of resources and incentives for community revitalization and redevelopment
that may be available from the City of Miami.
Although the City of Miami has the resources of several programs including: CDBG, Section 108, HOME,
and SHIP, these resources are already spread thin among the city's other distressed neighborhoods.
There is a general consensus that the city will be unable to contribute more than it already does to the
implementation of the Omni CRA Redevelopment Plan. Therefore, it is our position that the CRA needs
to rely not only on the traditional sources of funding, but also follow the example of other CRAs such as
Miami Beach, which has found new and sophisticated ways to fund its redevelopment effort.
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7.4.3
Federal Funding Sources
II
CDBG Funding
Source:
TITLE I OF THE HOUSING AND
COMMUNITY DEVELOPMENT ACT
OF 1974 - U.S. HUD
Regulation:
SECTION 290, FS RULE CHAPTERS
9B-43, FAC AND FEDERAL RULE
24 CFR PART 570.
Local Administrator:
CITY OF MIAMI COMMUNITY
DEVELOPMENT DEPARTMENT
Finance Type:
LOANS AND GRANTS
Cycle:
ANNUAL COMPETITIVE
Current Funding Status:
ACTIVE
Eligible Applicants:
PUBLIC & NON-PROFIT ENTITIES
Eligible Activities:
ACQUISITION, PUBLIC FACILITIES
AND IMPROVEMENTS,
REHBILITATION,
HOMEOWNERSHIP ASSISTANCE,
SPECIAL ECONOMIC
DEVELOPMENT ACTIVITIES
Program Contact:
DIRECTOR OF COMMUNITY
DEVELOPMENT
Program Address:
444 SW 2ND AVENUE, 2ND FLOOR,
MIAMI, FLORIDA 33130
Contact Numbers:
PHONE: (305) 416-2080
HUD administers several programs that aid counties and local governments in their economic
development efforts. The CDBG program provides a comprehensive and flexible source of funding to
address local housing, economic and community development needs. Although the rehabilitation of
affordable housing has traditionally been the largest single use of the grants, the program is also an
increasingly important catalyst for economic development activities that expand job and business
opportunities for lower income families and neighborhoods.
The City of Miami utilizes its CDBG funds for housing and economic development activities including
homeownership assistance, housing rehabilitation and facade improvements in targeted neighborhoods.
Facade improvement grants of $4,000 are targeted to commercial businesses in CDBG eligible
neighborhoods. Best practice case studies have shown that CDBG funds are most effective when
leveraged with private capital resources. It is also important that CDBG resources be targeted to
clearly defined neighborhood areas.
Much of the funding for the city's individual programs, including community redevelopment and
economic development programs comes from the United States Department of Housing and Urban
Development (HUD). The City of Miami Department of Community Development administers the HUD
funds. The four major funding sources from HUD that create the monies used for programs are the
Community Development Block Grant (CDBG), the Emergency Shelter Grant, the Home Investment
Partnerships (HOME), the Brownfields Economic Development Initiative Grant, and the Housing
Opportunities for Persons with AIDS program. The most relevant of these programs to the implementation
of the Omni CRA Redevelopment Plan Update will be discussed in this report — the CDBG and HOME
programs.
Several officials with the city and county cited a trend in declining funds to the city in general, and
particularly for its economic development activities. The decline in HUD's funding to Miami was attributed,
in part, to a decline in the city's population. As illustrated in the following chart, in the last five years
funding to Miami through the U.S. Department of Housing and Urban Development's (HUD) Community
Planning and Development grants and loan programs has steadily decreased.
This decline in governmental funding to the city is even worse for the Omni CRA, which is in the midst of
an extensive revitalization effort and will require a significant amount of financial resources, particularly
public funding.
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CDBG funds are shrinking, in real terms, and the local demands for them are growing all the time. The
assessment, remediation, and interagency coordination aspects of community redevelopment projects
pose an additional expenditure burden that make it difficult for them to compete with other local
demands. Large-scale community redevelopment projects typically do not get funded unless they happen
to be part of a high priority economic development or housing project that the city wants to take on
anyway. However, city officials have indicated that the successful implementation of the
redevelopment strategy in Omni District is a priority for the city.
HUD's sources of funding are generally very well received and instrumental to any public redevelopment
efforts, according to city officials. Many of the barriers to community redevelopment in the city and to
the expenditure of HUD funds on redevelopment projects are local issues, including competing local
priorities, market factors, and local policies. Because of competing demands for CDBG funds, local
officials interested in community redevelopment are learning about and tapping other sources of funding.
Several large cities and urban counties have used HUD's Section 108 loans as a supplement to CDBG
funds that allows them to initiate more expensive, longer turnaround investments where private sector
investment is expected. Since their precious CDBG allocation is held as collateral for the Section 108
loan, such projects are undertaken only if there is strong local confidence in the return on investment
from the new intended use of the property.
In addition, urban areas that have healthy real estate markets and good communications among
public and private players have shown impressive leveraging of private funds for community
redevelopment and economic development projects.
As stated previously, although Miami's CDBG allocations have declined in recent years, the CDBG
program is still one of the best potential sources for funding for some of the projects and programs
outlined in the Omni CRA Redevelopment Plan. Moreover, as part of its role in promoting urban
economic development, HUD's stated policy is to build partnerships with local officials, businesses, and
neighborhood sectors to aid in its efforts. HUD wants to ensure that its programs and resources support
State and local governments' economic development efforts and help leverage private -sector
investment in America's urban communities.
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Successful Examples of CDBG Implementation
Over the past decade, the city of Lenexa, Kansas has leveraged $980,000 in CDBG funds with more than
$2.3 million in local funding. Combined, these funds were used to revitalize the Old Town area. Streets
and streetlights were replaced and new sidewalks and storm water systems were constructed. As a
result, other homeowners in the area began to spruce up their homes and the whole area was revitalized.
The CDBG funds became the catalyst for saving an entire neighborhood, according to council member
Diane Linver.
$15,000,000 -
$10,000,000 -
$5,000,000 -
$0
HUD CPD ALLOCATIONS:
SELECTED PROGRAMS FY 2001-2005
$13,148,000
FY'O1
FY'02
$10,132,000
FY'03
FY'04
FY 05
❑ CDBG
■ HOME
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Home Investment .
Partnerships (HOME)
Program
Source:
NATIONAL AFFORDABLE
HOUSING ACT - U.S. HUD
Regulation:
SECTION 420.5089,
F.S. RULE CHAPTERS 67-47, FAC
HOME FINAL RULE 24 CFR PART
92
Local Administrator:
CITY OF MIAMI COMMUNITY
DEVELOPMENT DEPARTMENT,
HOUSING DIVISION
Finance Type:
BELOW MARKET MORTGAGE
LOANS
Cycle:
ANNUAL COMPETITIVE
Current Funding Status:
ACTIVE
Eligible Applicants:
PUBLIC ENTITIES, NON -PROFITS,
FOR -PROFITS, PUBLIC AGENCIES
Eligible Activities:
HOUSING CONSTRUCTION,
REHABILITATION
Program Contact:
DIRECTOR OF COMMUNITY
DEVELOPMENT
Program Address:
1313 NW 36TH STREET, 2ND FLOOR,
MIAMI, FLORIDA 33142
Contact Numbers:
PHONE: (305) 416-3135
The HOME program is the largest federal block grant to state and local governments designed exclusively
to create affordable housing for low-income households. Since 1992, more than a half million affordable
housing units have been acquired, constructed or rehabilitated and nearly 70,000 tenants have received
direct rental assistance. In addition, more than 200,000 new homebuyers have received assistance to
purchase their first homes through the HOME program. Each year, approximately $2 billion dollars are
allocated among states and hundreds of localities nationwide.
The Florida Housing Finance Corporation (FHFC) administers the State's annual allocation of HOME
funds as two separate programs: (1) a multi -family rental development loan program; and, (2) a second
mortgage loan program for (a) single-family developments and (b) for first-time home buyers in
conjunction with the FHFC's Single Family Mortgage Revenue Bond (SFMRB) Program.
Construction loans have a term of 15 years for rehab and 20 years for new construction. The loans are
non -amortized and have a simple interest rate of 0% for nonprofit and 3% for for -profit applicants with
interest payments due annually.
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HUD Section 108 Loan
Guarantees
Source:
NATIONAL AFFORDABLE
HOUSING ACT - U.S. HUD
Regulation:
SECTION 290, FS RULE CHAPTERS
9B-43, FAC AND FEDERAL RULE
24 CFR PART 570.
Local Administrator:
CITY OF MIAMI COMMUNITY
DEVELOPMENT DEPARTMENT
Finance Type:
LOANS
Cycle:
ANNUAL COMPETITIVE
Current Funding Status:
ACTIVE
Eligible Applicants:
PUBLIC & NON-PROFIT ENTITIES
Eligible Activities:
HOUSING REHABILITATION,
ECONOMIC DEVELOPMENT
Program Contact:
DIRECTOR OF COMMUNITY
DEVELOPMENT
Program Address:
444 SW 2ND AVENUE, 2ND FLOOR,
MIAMI, FLORIDA 33130
Contact Numbers:
PHONE: (305) 416-2080
Almost any community that receives CDBG funds has more community and economic development
needs than it can possibly address with the amount of CDBG funds it receives through its annual
entitlement grant. Therefore, a growing number of communities have taken advantage of certain
leveraging approaches to get the maximum impact from the CDBG resources they receive. These
options make it possible to fund special opportunities that may arise out of the normal planning cycle
or when a high cost activity cannot be achieved with funds currently available. One such option, the
Section 108 Loan Guarantees, provides HUD the authority to pledge full faith and credit of the U.S.
Government as a means of guaranteeing loans under the CDBG program. According to officials, the
Section 108 program has been growing, and the commitment level has been rising. Currently, there is
$400 million committed to the program, and it is funded for the next 20 years.
Successful Examples of Section 108 Implementation
Many communities have applied Section 108 loan guarantees for neighborhood revitalization. HUD
provides numerous examples of the diverse ways to use Section 108 loan guarantees for such endeavors.
The City of Wichita, Kansas and Cessna Aircraft Company acquired a large site in a troubled
neighborhood to undertake a two-phase project. The first phase included the construction of the Cessna
Learning Work Complex, including a light assembly facility and a learning/day care facility to be used
by Cessna trainees living in the neighborhood. Since construction, the 21" Street Corridor has seen
substantial investment, including a new bank, senior center, police substation, Boys and Girls Club,
library, and affordable housing complexes.
Fremont Plaza represents a new and aggressive strategy in economic development for the City of
Alhambra, California. The project is centered on a renovated former Sears retail building. The closing of
the Sears store created an immediate loss of over 200 jobs and $180,000 in sales tax revenue from the
City general fund. Initially the Alhambra Redevelopment Agency approached commercial developers,
offering traditional subsidy, to redevelop the site. These developers declined to participate, and the
Agency made a decision to develop the site itself using Section 108 financing.
The City of Jacksonville, Florida used five Section 108 loans to finance development projects with five
for -profit developers. The city used 108 financing in lieu of CDBG funds in order to keep those CDBG
funds free for other low- and moderate -income uses, such as provision of services. The goal of the five
projects is to create a total of 1,130 new jobs for the Jacksonville community.
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In Portsmouth, Maine's Mariner's Village apartment complex was a substandard, 600-unit complex, of
which only 220 units were still occupied. Through a partnership of local and federal government, as well
as state and local housing agencies and the private sector, the complex was replaced with a mixed -
use development designed to stabilize the neighborhood. A zoning change allowed the construction
of 329 rental townhouses, half of which were affordable. Families not wishing to remain in the area
were relocated to other standard, affordable housing.
Those who see the value of Section 108 say it is the only source of funding that is large and flexible
enough for expensive community redevelopment projects and allows capital to be applied quickly
when it is needed, but does not tie up current money in the meantime. These loans allow a community
to undertake large-scale, often multi -million dollar, economic development projects that its CDBG
allocation is too small to cover.
Section 108 detractors see it as too large a risk because it uses the CDBG funds as collateral. One official
interviewed noted that only projects believed to show a strong return on investment when the property
is redeveloped should be proposed for Section 108 funding.
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Economic Development
Administration (EDA)
Source:
PUBLIC WORKS AND ECONOMIC
DEVELOPMENT ACT OF 1965, AS
AMENDED
Regulation:
42 U.S.C. 3141, SECTION 201,
PUBLIC LAW 105-393; 112 STAT.
3596.
Obligations:
(INVESTMENTS) FY 2002
$249,956,037; FY 2003 EST
$232,100,000; AND FY 2004 EST
$232,100,000.
Finance Type:
PROJECT GRANTS
Cycle:
ANNUAL COMPETITIVE
Current Funding Status:
ACTIVE
Eligible Applicants:
STATES, CITIES, COUNTIES,
ECONOMIC DEVELOPMENT
DISTRICTS, AND PRIVATE OR
PUBLIC NONPROFIT
ORGANIZATIONS
Eligible Activities:
ACQUISITION, REHABILITATION,
DESIGN AND ENGINEERING, OR
IMPROVEMENT OF PUBLIC LAND
OR PUBLICALLY-OWNED AND
OPERATED DEVELOPMENT
FACILITIES
Program Contact:
WILLIE TAYLOR
Program Address:
401 WEST PEACHTREE STREET,
N.W., SUITE 1820, ATLANTA, GA
30308-3510
Contact Numbers:
PHONE: 404-730-3032
The Economic Development Administration (EDA) was established to work with states and localities to
generate new jobs, retain existing jobs, and stimulate industrial and commercial growth in economically
distressed areas and regions of the United States. The purpose of its program investments is to provide
economically distressed communities with a source of funding for planning, infrastructure development,
and business financing that will induce private investment in the types of business activities that contribute
to long-term economic stability and growth. EDA's investments are strategically targeted to increase
local competitiveness and strengthen the local and regional economic base.
The Commerce Department's Economic Development Administration has a $320 million budget, a
fraction of the CDBG' allocation. Any programs that exist in the Commerce Department that encourage
direct economic development to some of the most disadvantaged and blighted areas, those programs
are dwarfed by HUD's programs. HUD programs have more of a community focus, while the Commerce
Department's Economic Development Administration is more interested in economic growth. However,
they are funding a lot of the same projects.
EDA Investment Programs
The Public Works Program empowers distressed communities to revitalize, expand, and upgrade their
physical infrastructure to attract new industry, encourage business expansion, diversify local economies,
and generate or retain long-term, private sector jobs and investment.
. Examples of Funded Projects
(1) Infrastructure for industrial park development; (2) port development and expansion; (3) infrastructure
necessary for economic development (e.g. water/sewer facilities); (4) renovation and recycling of old
industrial buildings; (5) construction of vocational -technical facilities and skill centers; (6) construction
of incubator facilities; (7) redevelopment of brownfields and (8) Eco- industrial development.
Partnership Planning
EDA's Partnership Planning programs help support local organizations (Economic Development Districts,
Indian Tribes, and other eligible areas) with their long-term planning efforts and their outreach to the
economic development community on EDA's programs and policies.
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New Market Tax Credit
Program
Part of the Community Renewal Tax Relief Act of 2000, the New Markets Tax Credit Program is ex-
: pected to spur approximately $15 billion in investments into privately managed investment institu-
tions. The Treasury Department's Community Development Financial Institution (CDFI) Fund an-
nounced in March 2009 an additional $1.5 billion in NMTC allocation authority will be made available
for the 2009 NMTC round under the American Recovery and Reinvestment Act of 2009 (Recovery Act).
The CDFI Fund will have the authority to allocate a total of up to $5 billion in NMTC allocation au-
thority, rather than $3.5 billion as initially announced.
In turn, privately managed investment institutions, or Community Development Entities (CDEs), will
make loans and capital investments in businesses in underserved areas. By making an investment in
a CDE, an individual or corporate investor can receive a tax credit worth 39 percent (30 percent net
present value) of the initial investment, distributed over 7 years, along with any anticipated return on
their investment in the CDE.
The NMTC program permits taxpayers to claim a credit against federal income taxes for Qualified Equity
Investments (QEIs) made to acquire stock or a capital interest in designated Community Development
Entities (CDEs). These designated CDEs must use substantially all (defined as 85 percent) of these proceeds
to make Qualified Low -Income Community Investments (QLICIs).
The investor, or a subsequent purchaser, is provided with a tax credit claimed over seven years. The
investor receives a tax credit equal to five percent of the total amount paid for the capital interest or
stock purchase over the first 3 years. For the final four years, the value of the tax credit is six percent
annually.
The Community Development Financial Institutions Fund (CDFI Fund) certifies CDEs on an ongoing basis,
and allocates NMTC Allocations annually to select CDEs through a competitive application process.
Impact Seven is a qualified CDE, and is currently awaiting decision on its pending NMTC Allocation
application, which will be facilitated through for -profit subsidiary CDEs created by Impact Seven
specifically for its NMTC program.
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Businesses, investors, and communities will benefit from the NMTC. The NMTC program was designed to
make investment capital available to businesses in qualifying low-income communities, to create jobs
and spur additional economic development. The Federal Government created the 39 percent in NMTC
as an inducement to private investors to open the flow investment capital into these communities.
These tax credits, when considered along with the potential return on their investment in the CDE, create
a substantial financial benefit for the investors, as well.
If successful, the MEDF, LLC may finance or provide assistance to a wide range of private business
enterprises in Qualifying Low -Income Communities with funds secured through NMTC investments.
Examples of qualifying activities include: loans, equity or capital investments; purchase of certain
loans made by other CDEs; financial counseling and related services to businesses.
NMTC may be used to finance community development projects such as community facilities. However,
funds derived from NMTCs cannot be utilized in projects that are already subsidized by other federal tax
subsidies, with certain exceptions. In the case of mixed -use developments, subsidization may be split
between uses, allowing NMTC financing for parts of the project.
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7.4.4
Florida Economic
Resources and
Incentives
Source:
WILLIAM E. SADOWSKI
AFFORDABLE HOUSING ACT
Regulation:
SECTION 420 PART VII, F.S. RULE
CHAPTERS 67-37, FAC
Local Administrator:
CITY OF MIAMI COMMUNITY
DEVELOPMENT DEPARTMENT,
HOUSING DIVISION
Finance Type:
GENERALLY SECOND OR BRIDGE
LOANS, GRANTS
Cycle:
LOCAL GOVERNMENT CONTROL
BASED ON ANNUAL LEGISLATIVE
APPROPRIATION
Current Funding Status:
ACTIVE
Eligible Applicants:
NON -PROFITS FOR -PROFITS,
PUBLIC AGENCIES, INDIVIDUALS
Eligible Activities:
GAP FINANCING,
CONSTRUCTION,
REHABILITATION, ACQUISITION,
DOWN PAYMENT ASSISTANCE
Program Contact:
GEORGE MENSAH, SHIP
ADMINISTRATOR
Program Address:
1313 NW 36TN STREET, 2ND FLOOR,
MIAMI, FLORIDA 33142
Contact Numbers:
PHONE: (305) 416-1765
Following is a discussion of the resources that might be available through the state to carry out some
components of the OMNI CRA Redevelopment Plan Update.
State Housing Initiatives Partnership (SHIP) Program
Florida Housing administers the State Housing Initiatives Partnership program (SHIP), which provides
funds to local governments as an incentive to create partnerships that produce and preserve affordable
homeownership and multifamily housing. The program was designed to serve very low, low and
moderate -income families. SHIP funds are distributed on an entitlement basis to the City of Miami.
Under the program, the minimum allocation is $350,000 and the maximum allocation is over $9 million.
The City of Miami receives approximately $1 million annually in SHIP funding. While the overall budget
of the SHIP program has steadily increased since 1993, funding to the City of Miami has been on the
decline, according to officials.
SHIP dollars are used to fund emergency repairs, new construction, rehabilitation, down payment and
closing cost assistance, impact fees, construction and gap financing, mortgage buy -downs, acquisition
of property for affordable housing, matching dollars for federal housing grants and programs, and
homeownership counseling. SHIP funds may not be used to assist manufactured housing; however,
manufactured buildings with the Florida Department of Community Affairs' insignia are eligible.
Funds are allocated to the local government each month on a population -based formula. These funds
are derived from the collection of documentary stamp tax revenues, which are deposited into the
Local Government Housing Trust Fund. Total actual disbursements are dependent upon these
documentary stamp collections.
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State Department .
Incentive Loan (SAIL)
Program
•
Source:
WILLIAM E. SADOWSKI
AFFORDABLE HOUSING ACT
Regulation:
SECTION 420.5087, F.S. RULE
CHAPTERS 67-48, FAC
Local Administrator:
FLORIDA HOUSING FINANCE
CORPORATION
Finance Type:
GENERALLY SECOND OR BRIDGE
LOANS
Cycle:
ANNUAL COMPETITIVE CYCLE
Current Funding Status:
ACTIVE
Eligible Applicants:
NON -PROFITS FOR -PROFITS,
PUBLIC AGENCIES
Eligible Activities:
CONSTRUCTION,
REHABILITATION
Program Contact:
JOYCE MARTINEZ,
ADMINISTRATOR
Program Address:
227 NORTH BRONOUGH STREET,
SUITE 5000, TALLAHASSEE, FL
32301-1329
Contact Numbers:
PHONE: 850-488-4197
The State Apartment Incentive Loan program (SAIL) provides low -interest loans on a competitive basis
to affordable housing developers each year. This money often serves to bridge the gap between the
development's primary financing and the total cost of the development. SAIL dollars are available to
individuals, public entities, not -for -profit or for -profit organizations that propose the construction or
substantial rehabilitation of multifamily units affordable to very low-income individuals and families.
A minimum of 20 percent of the development's units must be set aside for families earning 50 percent or
less of the area median income. Developments that use housing credits in conjunction with this program
may use a minimum set -aside of 40 percent of the units for residents earning 60 percent of the area
median income. Developments in the Florida Keys Area may use a minimum set -aside of 100 percent of
the units for residents with annual household incomes below 120 percent of the state or local median
income, which ever is higher.
Loan interest rates are set at three percent for developments. Loans are issued for a maximum of 15
years unless housing credit syndication requirements or Fannie Mae requirements dictate longer terms.
In most cases, the SAIL loan cannot exceed 25 percent of the total development cost and can be used
in conjunction with other state and federal programs.
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Miami -Dade
Empowerment Zones
On November 6, 2007, an ordinance creating the Empowerment Zone strategic alliance, which
placed the responsibility for implementation of the County's Empowerment Zone designation
with the Office of Community and Economic Development (OCED). That ordinance was passed by
the Miami -Dade Board of County Commissioners. Approximately $3.9 million of
Federal Empowerment Zone funds remain and will be used within the Empowerment Zone. Re-
sources were put in place for the management of the Empowerment Zone. The designation is due to
expire on December 31, 2009 unless reauthorized by the federal government.
Conclusion
While a wide array of funding programs exists in support of urban economic development, many of
these are housing subsidy programs designed for the purpose of developing affordable housing in
urban communities. These programs may not prove as helpful in the OMNI CRA where land cost have
made it extremely difficult to build affordable housing. While CDBG funds can also be helpful, HUD
regulations governing their use for economic development make clear that the projects must benefit
low-income residents. This requirement, combined with a decline in CDBG revenues to the city and
strong demand for these funds from other qualifying neighborhoods suggest that no assumptions can
be made regarding a long term flow of these funds. This has been further complicated by a recent
proposal for a consolidation of community and economic development funds at the national level.
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7.5
FUNDS SOURCES
AND USES
II
Streetscapes
•
The incentives and subsidies that may be available from the previously mentioned funding resources
can be used to attract a pioneering land use to the area, to reduce the density of a project below that
supported by the market and zoning, to increase the densities above market demand, or to enhance
the overall quality of the project.
The sources and uses of funds matrix can be used as a tool in the creative financing process to identify
those financial resources that might be most helpful in putting together a financing strategy for a
particular project. In putting the matrix together, local, state and federal resources have been identified
for each project use category. In each case, only those resources which have been used substantially
for that purpose have been identified.
Municipal Bonds have been the traditional source of financing for streetscape improvements. However,
when such traditional financing has not been available, creative urban and community developer
financing strategist have turned to more innovative tools. As the matrix shows, among the most popular
of these tools are the following:
1) Tax Increment Trust
• 2) Revenue Bonds
• 3) CDBG Funds
While tax increment trust funds can be used for streetscape improvements in a CRA area, there is a lot
of case history indicating that streetscape improvements are among the most popular uses. There is
also a lot of case history supporting the use of revenue bonds, tied to special tax districts, as a tool in
financing streetscape improvements. And, in both smaller communities and larger cities, CDBG funds
are often used to fund such improvements, especially in lower -income minority or ethnic areas.
Street improvement funding is generally financed by municipal bonds, or in tandem with State and
Federal DOT resources. However, in selected instances the following sources might be used for gap
financing. These sources are:
1) Tax Increment Trust
2) CDBG Funds
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Street Improvements . While different localities may have different policies governing the financing of street improvement
projects, these funds should only be used for gap financing when street improvements are required as a
component of a public -private project that will generate additional tax base and jobs for the
community.
Public -Private Projects
Public -Private projects are defined herein as those private developments, either commercial or residential,
which require some type of public subsidy or incentive to provide the developer with a sufficient return
on investment to go forward with the project. In this context, the more creative that urban development
professionals can be in responding to a private developer's particular need, the more likely that a
good portfolio of projects will get off the ground. There are a number of tools which can assist the
urban development professional in this process. They are as follows:
1) Tax Increment Trust
2) Property Tax Abatement
3) EZ Bond Financing
4) Revenue Bonds
5) EDA Public Works
6) New Market Tax Credits
7) State DOT Funds
8) Federal DOT Funds
9) CDBG Funds
In almost every case, private sector equity and financing will be the key tool in public -private
development projects. However, the bottom line of these projects or their quality level can be enhanced
through the creative use of other public financing tools. While some of the tools make good financing
partners, others do not. For example, using property tax abatements in partnership with tax increment
financing may not be a good policy choice. Federal DOT Funds can be especially helpful on projects on
which all or some of the site might be determined to be a brownsfield site. Such funds have been
effective in brownsfield redevelopment as a part of an overall smart -growth strategy.
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Infrastructure .
•
Affordable! Workforce
and Supportive Housing
For purposes of this Plan Update, infrastructure is being defined as water, sewer, bridges, bicycle paths,
parks and other open space, and public transportation. The key sources that should be looked to when
putting together a financing strategy for these projects, after maximizing traditional sources, should be
the following:
1) Tax Increment Trust Funds
2) State DOT Funds
3) Revenue Bonds
4) EDA Public Works Funds
5) New Market Tax Credits
6) Federal DOT Funds
It should be noted that some of these sources may only be applicable to certain types of infrastructure
projects. Other programs, such as new market tax credits, may still be in the process of fully defining the
extent of their use for infrastructure projects.
It has been pointed out previously that escalating land cost within the current OMNI CRA boundaries
make the generation of affordable and workforce housing extremely difficult. However the creative
use of some subsidy resources and incentives might make some workforce housing possible in the
context of a larger mixed -use development made up of market -rate housing, retail, and workforce
housing. Among the tools that might help facilitate this effort are the following:
1) Tax Increment Trust
2) Zoning Incentives
3) New Market Tax Credits
4) Low -Income Tax Credits
5) SHIP Program
6) SAIL Program
The skillful use of zoning incentives allowing for increased project density, combined with the use of tax
increment trust funds, new market tax credits, and low-income housing tax credits, should be sufficient
to offset the economic disadvantage of higher land cost.
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Business Loans
Entrepreneurship is an important strategy component of the OMNI Plan Update. To the maximum extent
possible, the Plan Update seeks to provide entrepreneurial opportunities for residents of the area, as
well as support expansion opportunities for existing businesses. In addition to the traditional financing
tools of personal equity, bank loans, or venture capital, the following additional resources may be
accessed to help respond to this need.
• 1) SBA 7A Loan Guarantees
2) CDBG Funds
3) New Market Tax Credits Loans
• The skillful use of these resources in tandem with the local financial community resources could help
. make possible the implementation of quality business enterprise projects.
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Sources and Uses Matrix
Sources and Uses Matrix
Sources
Streetscape
Street
Improvements
Public/
Private
Projects
Infrastructure
Affordable
Housing
Business
Loans
IState and Local I
Tax Increment
Financing
X
X
X
X
X
X
Property Tax
Abatement
X
Refunds of Impact
Fees
X
Miami/Tax Exemption
Districts
X
EZ Bond Financing
X
Zoning Incentives
X
State DOT Funds
X
X
X
X
IFederal
Revenue Bonds
X
X
X
X
X
EDA Public Works
X
X
X
X
New Market Tax
Credits
X
X
X
SBA 7A Loan
Guarantees
X
CDBG Funds
X
X
X
X
X
X
Federal DOT Funds
X
X
X
LITC Housing Program
X
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7.6
SAMPLE PROJECTII
FINANCING STRATEGIES
In order to demonstrate the use of two of the key tools in tandem with private sector funding for
public/private projects we have formulated three public/private development prototype projects. In
each case, a purely private financing approach has been used in comparison with the public/private
financing as a means of demonstrating the importance of the public financing tools in the
redevelopment/revitalization process. The three prototypes include the following:
1) Retail Development
2) Office Development
•• 3) Hotel Development
•
Retail Development • The proposed project is a 200,000 square foot retail development oriented to specialty shops. As Table
4 indicates total development costs are projected to be $35,000,000 which equates to $175 per square
foot development cost. Construction costs are estimated to be $21 million, or approximately $105 per
• square foot. As Table 1 shows there might be two different approaches to finance the project. In
• Alternative 1, a private financing approach, we have assumed a 20% equity position on the part of a
private developers with the other 80% being financed by a private lending institution.
Urban development projects are difficult because of the high cost of land acquisition and site preparation.
When combined with the high cost of construction and untested markets, retail development for higher
quality shopper's goods often becomes a challenge. However, the effective use of the available incentive
tools can help to reduce some of the risk by helping to achieve lower rents while at the same time
providing for competitive rates of return on equity to the developer.
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Retail Development Assessment
Size of Development
Total Development Cost
Alternate 1. Private Financing
• Developer Equity of $7 million
• Bank Loan of $28 million
200,000 sq.ft.
$35,000,000
Alternative 2.Public /Private Financing
• NMTC Loan $12.8 million, 3%, 30 Year
(Year 7 Take-out Refinance)
• Tax Increment $4.2 million Land Write -down
• Bank Loan, $1 1 million, 30 years, 8%
• Developer Equity of $7 million
In Alternate 2, a developer equity requirement of 20% has been maintained; however, the debt burden has been
reduced using a New Market Tax Credit Loan and a land write -down made possible through the use of the Tax Increment
Trust Fund.
Table 5, below shows the significance of the public/private financing approach. Using a purely private sector financing
approach it would not be possible to get the project off of the ground. The project would not have a sufficient debt
coverage ratio to secure financing, nor would it generate a sufficient return to the developer.
On the other hand, using the programs through Alternative 2, Public/Private Financing the debt burden has been reduced
sufficiently to warrant strong consideration by a developer. There is a sufficient debt coverage ratio with the project
showing and 11% return on investment after debt service.
Financial Analysis
Income: $7,220,000
Operating Expenses: $4,721,880
Net Operating Expenses: $2,498,120
Private Debt Service: $2,465,448
Public/Private Debt Service: $1,634,154
Private ROI: 0%
Public/Private ROI: 11%
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Office Development
•
The prototype office project is for a 100,000 square office building. Table 6 indicates total development
costs are projected to be $15,000,000 which equates to $150 per square foot development cost.
Construction costs are estimated to be $7.95 million, or approximately $79.50 per square foot. Table 3
shows two different approaches to finance the project.
• In Alternative 1, a private financing approach we have assumed a 20% equity position on the part of a
private developers with the other 80% being financed by a private lending institution.
Office development projects are important for redevelopment and revitalization because they bring
employment and job opportunities. They also bring additional shoppers and home seekers who may
become permanent residents of the area. Yet they can also be difficult because of the high cost of land
acquisition and site preparation. However, a plan that takes advantage of the available incentive
tools can help to make such projects possible.
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Office Development Assessment
Size of Development 100,000 square feet
Total Development Cost $15,000,000
Alternate 1. Private Financing
• Developer Equity of $3 million
• Bank Loan of $12 million
Alternative 2.Public /Private Financing
• NMTC Equity Position $4.3 million
(Year 7 buy-out Refinance)
• Tax Increment $4.2 million Land Write -down
• Bank Loan, $3.5 million, 30 years, 9%
• Developer Equity of $3 million
In Alternate 2, a developer equity requirement of 20% has been maintained; however, the debt burden has been
reduced using a New Market Tax Credit 7 year equity position, and a land write -down made possible through the use of
the Tax Increment Trust Fund.
Table 7, below again shows the significance of the public/private financing approach. Using a purely private sector
financing approach the project would not generate a sufficient return to the developer.
On the other hand, using the programs through Alternative 2, Public/Private Financing the debt burden has been
reduced sufficiently to warrant strong consideration by a developer. There is a sufficient debt coverage ratio and the
project shows a 14% return on investment after debt service.
Office Financial Analysis
Income: $2,025,000
Operating Expenses: $ 613,000
Net Operating Income: $1,412,000
Private Debt Service: $1,295,606
Public/Private Debt Service: $377,885
Private ROI: 4%
Public/Private ROI: 14%
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Hotel Development • The proposed project is a 150 room hotel project Table 8 projects total development costs to be
$22,500,000 which equates to $150,000 per room. Construction costs are estimated to be $14,625,000
million, or approximately $97,500 per room. Table 5 shows both a private and public/private financing
approach.
In Alternative 1, we have assumed a 25% equity position by the private developer with the other 75%
being financed by a private lending institution. Since hotel projects are often viewed as far more risky as
compared with office or retail project, the equity requirements has been increased.
Hotel projects provide and important source of jobs for low skilled workers in urban areas. In addition
they bring in both business travelers and tourists who increase the expenditure potential for food, other
retail goods, and transportation services. Without an adequate market base, such projects may be
meaningless, on the other hand with sufficient market base they can serve to drive the neighborhood
economy. What is often required are the types of incentives used in this example to make such project
work.
Conclusion
Given the uncertainties of the market, and fluctuations in the type of public financial resources that
may be available at any given time, there can be no single long-term budget and strategy for all of the
initiatives recommended in this plan update. At the same time, through creating a list of priority projects,
promoting the ideas to the development community, and creatively using the public resources that
are available, the OMNI CRA can get some projects off the ground that will send the message that the
area is really turning itself around. This process has already been started by natural market forces, it only
needs to be enhanced by the activities of the CRA.
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Table 8 . Hotel Development Assessment
Size of Development 150 Rooms
Total Development Cost $22,500,000
Alternate 1. Private Financing
• Developer Equity of $5.625
• Bank Loan of $16.875
Alternative 2.Public /Private Financing
• NMTC Equity Position $7.25 million
(Year 7 buy-out Refinance)
• Tax Increment $3.375 million Land Write -down
• Bank Loan, $6.250 million, 30 years, 9%
• Developer Equity of $5.625 million
In Alternate 2, a developer equity requirement of 25% has been maintained; however, the debt service burden
has been reduced using a New Market Tax Credit 7 year equity position, and a land write -down made possible
through the use of the Tax Increment Trust Fund.
Table 6, below again shows the significance of the public/private financing approach. Using a purely private
sector financing approach the project would not generate a sufficient return to the developer.
On the other hand, using the programs identified in Alternative 2, Public/Private Financing, and the debt burden
has been reduced sufficiently to obtain a developer commitment. There is a sufficient debt coverage ratio and
the project shows a 10% return on investment after debt service.
Table 8. Hotel Financial Analysis
Income: $6.371,531
Operating Expenses: $4,358,127
Net Operating Income: $2,013,404
Private Debt Service: $1,821,946
Public/Private Debt Service: $674,784
Private ROI: 3%
Public/Private ROI: 10%
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8.1
ACQUISITION,
DEMOLITION AND
RELOCATION
u
It is the goal and intent of the CRA to retain, improve and increase the housing stock within the Omni
Redevelopment area. Therefore, the Plan Update does not propose any specific project which would
result in the acquisition or demolition of existing residential structures nor the relocation of current
residents of the area. Any future project supported by the CRA and its financing mechanisms which
requires the involuntary displacement of any resident, shall be accompanied by a Project Relocation
Plan in accordance with Chapter 163, Florida Statutes, or other applicable regulations. The Project
Relocation Plan must be approved by the CRA Board in a publicly noticed CRA Board meeting prior to
receiving final approvals.
If any future projects were to require relocation and CRA funding were to be "partnered" with Federal
funds, the Omni CRA shall make it a condition of its participation that all provisions of the Uniform
Relocation Assistance Act are met. This will assure that displaced residents will have access to safe,
sanitary and decent replacement housing.
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8.2
TRAFFIC CIRCULATION
II
The street system within the study area consists of arterials, collectors and local roads that provide
access and circulation within the Omni area. The main arterial is Biscayne Boulevard which provides
north / south access. Access to and from the Omni area to other parts of the city is severely restricted
by the 1-395 elevated expressway on the south limit of the study area and the Florida East Coast (FEC)
railway on the west side.
As part of this redevelopment plan, the following transportation improvements are being proposed:
1) Miami Streetcar (Project 19)
2) 17'" Street / FEC Crossing (Project 20)
3) 2nd Avenue Reconstruction (Project 21)
4) 2-way Conversion of One-way Streets (Project 22)
• In addition to these improvements and consistent with the approved Miami Downtown Transportation
•• Master Plan the following improvements should also be considered:
1) Free -fare Transit Zone - the zero out-of-pocket cost is certainly an incentive for users to ride transit.
There are also intangible benefits such as user's convenience and elimination of delays by not having
fare box.
2) Improve Transit Amenities - amenities for transit users are a key element of an effective transit system.
Elements contributing to a high quality environment include; comfortable shelters, protection from the
elements, adequate lighting, as well as clean and safe vehicles.
3) Develop Pedestrian Corridors - a systematic effort should be arranged to not only "accommodate"
but actively enhance pedestrian safety and promote a pleasant walking environment.
4) Develop a Baywalk- Margaret Pace Park presents an opportunity to create a baywalk that connects
the park with Bicentennial Park to the south. The baywalk will provide recreational opportunities,
increase connectivity between other areas of Downtown and provide an alternative for walking trips.
5) Reconstruct NE 2nd Avenue, NE/NW 14'" Street, NE 17th Street and NE 17th Terrace.
Traffic capacity in the area is controlled by the Downtown Development of Regional Impact (DDRI)
Increments I and II. The approved master development order specifies the total amount of development
planned for each land use category but provides flexibility for development located anywhere within
the DDRI area. Specific projects traffic capacity impacts are addressed via traffic studies conducted as
part of the Major Use Special Permit (MUSP) process.
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8.3
ENVIRONMENTAL
QUALITY
Redevelopment in the Omni CRA will improve environmental quality due to existing provisions in the
City's building permit process. Miami -Dade County Department of Environmental Resource Management
reviews all new construction permits to ensure health standards are followed. Asbestos testing is required
for existing buildings that are to undergo renovation. The County's Health Department must also approve
any water and sewer changes, restaurants, hospitals, clinics, and schools.
Miami -Dade Water and Sewer Department provides water and sewage services and runoff drainage
for the Omni CRA district. The Department has upgraded their standards which means that most new
construction and renovations within the CRA will require upgrades to the water service lines.
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8.4
COMMUNITY FACILITIES
AND SERVICES
1
ParkslPublic Spaces
Service, Meeting &
Recreational Centers
Community Services and Facilities in the Omni CRA and surrounding areas:
1) Bicentennial Park(Future Museum Park)
2) Margaret Pace Park
3) Bayfront Park
4) Biscayne Park
5) Dorsey Park
1) Culmer/Overtown Neighborhood Center
2) The Overtown Youth Center
3) Freedom Tower
4) Accion Community Action Agency Center
5) Wynwood Neighborhood Center
Churches : 1) Trinity Episcopal Church
Educational
•
Entertainment Venues
1) University of Miami Miller School of Medicine Campus (Jackson Memorial Hospital)
2) Miami -Dade College, Wolfson Campus
3) The Culmer/Overtown Branch Library
4) Main Library
1) Adrienne Arsht Center for the Performing Arts of Miami -Dade County
2) American Airlines Arena
3) Bayfront Park and Amphitheater
4) Gusman Center
5) Bicentennial Park (future Museum Park)
6) Lyric Theater
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8.5
EFFECT ON SCHOOL
POPULATION
The Omni CRA is located within Region IV of the Miami -Dade School Board District. The Region includes
the cities of Miami, Coral Gables Key Biscayne and South Miami. As provided in the "Five -Year Capital
Plan for Fiscal Years 2005-2009", the most pressing capacity issue within the region is the current
development boom that Miami is experiencing. It is expected that, within the next 7 to 10 years, the
potential exists for the development of approximately 48,000 residential units within the City, including
the Omni CRA. Therefore, school capacity shortfalls are not only a concern for the Omni CRA, but the
City of Miami as a whole. In addition, a recent constitutional amendment to reduce class size further
impacts the capacity of Miami-Dade's school system.
Within the School Board's Five -Year Plan, the overall projected 2014 enrollment for the region is 48,969,
which would result in a current capacity deficit of 6,696 seats. As a result of this analysis, the School
Board has identified a series of projects within Region IV comprised of new facilities and additions to
boost overall capacity by 9,037, therefore meeting the capacity demand and providing a surplus for
future growth.
Although the School Board is headquartered within the Omni CRA, currently there are no schools within
the CRA boundary. As provided in the School Board Five -Year Plan and in this Plan Update, the School
Board and City of Miami are working to secure a new middle school with a capacity of 1,241. This new
school would serve to relieve the nearby Jose de Diego Middle School as well as provide capacity for
the development within the Omni CRA and the City of Miami.
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9.1
POWERS OF THE
OMNI CRA 11
The Omni Redevelopment Plan shall be managed through the criteria provided in this section and shall
conform to the statutory requirements of Chapter 163, Florida Statutes.
The powers of the Omni CRA contained in Section 163.370, Florida Statutes are provided below:
(1) Every county and municipality shall have all the powers necessary or convenient to carry out and
effectuate the purposes and provisions of this part, including the following powers in addition to others
herein granted:
(a) To make and execute contracts and other instruments necessary or convenient to the exercise of its
powers under this part;
(b) To disseminate slum clearance and community redevelopment information;
• (c) To undertake and carry out community redevelopment and related activities within the community
redevelopment area, which redevelopment may include:
•• 1. Acquisition of a slum area or a blighted area or portion thereof.
: 2. Demolition and removal of buildings and improvements.
3. Installation, construction, or reconstruction of streets, utilities, parks, playgrounds, public areas of
major hotels that are constructed in support of convention centers, including meeting rooms, banquet
facilities, parking garages, lobbies, and passageways, and other improvements necessary for carrying
out in the community redevelopment area the community redevelopment objectives of this part in
accordance with the community redevelopment plan.
• 4. Disposition of any property acquired in the community redevelopment area at its fair value for uses
: in accordance with the community redevelopment plan.
• 5. Carrying out plans for a program of voluntary or compulsory repair and rehabilitation of buildings or
• other improvements in accordance with the community redevelopment plan.
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6. Acquisition of real property in the community redevelopment area which, under the community
redevelopment plan, is to be repaired or rehabilitated for dwelling use or related facilities, repair or
rehabilitation of the structures for guidance purposes, and resale of the property.
7. Acquisition of any other real property in the community redevelopment area when necessary to
eliminate unhealthful, unsanitary, or unsafe conditions; lessen density; eliminate obsolete or other uses
detrimental to the public welfare; or otherwise to remove or prevent the spread of blight or deterioration
or to provide land for needed public facilities.
8. Acquisition, without regard to any requirement that the area be a slum or blighted area, of air rights
in an area consisting principally of land in highways, railway or subway tracks, bridge or tunnel entrances,
or other similar facilities which have a blighting influence on the surrounding area and over which air
rights sites are to be developed for the elimination of such blighting influences and for the provision of
housing (and related facilities and uses) designed specifically for, and limited to, families and individuals
of low or moderate income.
9. Construction of foundations and platforms necessary for the provision of air rights sites of housing
(and related facilities and uses) designed specifically for, and limited to, families and individuals of low
or moderate income.
(d) To provide, or to arrange or contract for, the furnishing or repair by any person or agency, public or
private, of services, privileges, works, streets, roads, public utilities, or other facilities for or in connection
with a community redevelopment; to install, construct, and reconstruct streets, utilities, parks,
playgrounds, and other public improvements; and to agree to any conditions that it deems reasonable
and appropriate which are attached to federal financial assistance and imposed pursuant to federal
law relating to the determination of prevailing salaries or wages or compliance with labor standards,
in the undertaking or carrying out of a community redevelopment and related activities, and to include
in any contract let in connection with such redevelopment and related activities provisions to fulfill
such of the conditions as it deems reasonable and appropriate.
(e) Within the community redevelopment area:
. 1. To enter into any building or property in any community redevelopment area in order to make
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inspections, surveys, appraisals, soundings, or test borings and to obtain an order for this purpose from
a court of competent jurisdiction in the event entry is denied or resisted.
2. To acquire by purchase, lease, option, gift, grant, bequest, devise, eminent domain, or otherwise
any real property (or personal property for its administrative purposes), together with any improvements
thereon; except that a community redevelopment agency may not exercise any power of eminent
domain unless the exercise has been specifically approved by the governing body of the county or
municipality which established the agency.
• 3. To hold, improve, clear, or prepare for redevelopment any such property.
• 4. To mortgage, pledge, hypothecate, or otherwise encumber or dispose of any real property.
5. To insure or provide for the insurance of any real or personal property or operations of the county or
• municipality against any risks or hazards, including the power to pay premiums on any such insurance.
6. To enter into any contracts necessary to effectuate the purposes of this part.
7. To solicit requests for proposals for redevelopment of parcels of real property contemplated by a
community redevelopment plan to be acquired for redevelopment purposes by a community
redevelopment agency and, as a result of such requests for proposals, to advertise for the disposition of
such real property to private persons pursuant to s. 163.380 prior to acquisition of such real property by
the community redevelopment agency.
(f) To invest any community redevelopment funds held in reserves or sinking funds or any such funds not
required for immediate disbursement in property or securities in which savings banks may legally invest
funds subject to their control and to redeem such bonds as have been issued pursuant to s. 163.385 at
the redemption price established therein or to purchase such bonds at less than redemption price, all
such bonds so redeemed or purchased to be canceled.
(g) To borrow money and to apply for and accept advances, loans, grants, contributions, and any
other form of financial assistance from the Federal Government or the state, county, or other public
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body or from any sources, public or private, for the purposes of this part and to give such security as
may be required and to enter into and carry out contracts or agreements in connection therewith; and
to include in any contract for financial assistance with the Federal Government for or with respect to
community redevelopment and related activities such conditions imposed pursuant to federal laws as
the county or municipality deems reasonable and appropriate which are not inconsistent with the
purposes of this part.
(h) Within its area of operation, to make or have made all surveys and plans necessary to the carrying
out of the purposes of this part; to contract with any person, public or private, in making and carrying
out such plans; and to adopt or approve, modify, and amend such plans, which plans may include,
but are not limited to:
• 1. Plans for carrying out a program of voluntary or compulsory repair and rehabilitation of buildings
• and improvements.
2. Plans for the enforcement of state and local laws, codes, and regulations relating to the use of land
and the use and occupancy of buildings and improvements and to the compulsory repair, rehabilitation,
demolition, or removal of buildings and improvements.
•• 3. Appraisals, title searches, surveys, studies, and other plans and work necessary to prepare for the
. undertaking of community redevelopment and related activities.
(i) To develop, test, and report methods and techniques, and carry out demonstrations and other
activities, for the prevention and the elimination of slums and urban blight and developing and
demonstrating new or improved means of providing housing for families and persons of low income.
(j) To apply for, accept, and utilize grants of funds from the Federal Government for such purposes.
(k) To prepare plans for and assist in the relocation of persons (including individuals, families, business
concerns, nonprofit organizations, and others) displaced from a community redevelopment area and
to make relocation payments to or with respect to such persons for moving expenses and losses of
property for which reimbursement or compensation is not otherwise made, including the making of
such payments financed by the Federal Government.
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(I) To appropriate such funds and make such expenditures as are necessary to carry out the purposes of
this part; to zone or rezone any part of the county or municipality or make exceptions from building
regulations; and to enter into agreements with a housing authority, which agreements may extend
over any period, notwithstanding any provision or rule of law to the contrary, respecting action to be
taken by such county or municipality pursuant to any of the powers granted by this part.
(m) To close, vacate, plan, or replan streets, roads, sidewalks, ways, or other places and to plan or
: replan any part of the county or municipality.
(n) Within its area of operation, to organize, coordinate, and direct the administration of the provisions
of this part, as they may apply to such county or municipality, in order that the objective of remedying
slum and blighted areas and preventing the causes thereof within such county or municipality may be
most effectively promoted and achieved and to establish such new office or offices of the county or
municipality or to reorganize existing offices in order to carry out such purpose most effectively.
: (o) To exercise all or any part or combination of powers herein granted or to elect to have such powers
exercised by a community redevelopment agency.
(p) To develop and implement community policing innovations.
(2) The following projects may not be paid for or financed by increment revenues: (a) Construction or
expansion of administrative buildings for public bodies or police and fire buildings, unless each taxing
authority agrees to such method of financing for the construction or expansion, or unless the construction
or expansion is contemplated as part of a community policing innovation.
(b) Installation, construction, reconstruction, repair, or alteration of any publicly owned capital
improvements or projects which are not an integral part of or necessary for carrying out the community
redevelopment plan if such projects or improvements are normally financed by the governing body
with user fees or if such projects or improvements would be installed, constructed, reconstructed, repaired,
or altered within 3 years of the approval of the community redevelopment plan by the governing body
pursuant to a previously approved public capital improvement or project schedule or plan of the
governing body which approved the community redevelopment plan.
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• (c) General government operating expenses unrelated to the planning and carrying out of a community
redevelopment plan.
• (3) With the approval of the governing body, a community redevelopment agency may:
(a) Prior to approval of a community redevelopment plan or approval of any modifications of the
plan, acquire real property in a community redevelopment area, demolish and remove any structures
on the property, and pay all costs related to the acquisition, demolition, or removal, including any
administrative or relocation expenses.
(b) Assume the responsibility to bear any loss that may arise as the result of the exercise of authority
under this subsection, in the event that the real property is not made part of the community redevelop-
ment area.
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Omni CRA Redevelopment Plan FINAL DRAFT
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9.2
MODIFICATIONS TO THIS
REDEVELOPMENT PLAN
II
Section 163.361, Florida Statutes provides for the modification of community redevelopment plans as
follows:
(1) If at any time after the approval of a community redevelopment plan by the governing body it
becomes necessary or desirable to amend or modify such plan, the governing body may amend such
plan upon the recommendation of the agency. The agency recommendation to amend or modify a
redevelopment plan may include a change in the boundaries of the redevelopment area to add land
to or exclude land from the redevelopment area, or may include the development and implementation
of community policing innovations.
(2) The governing body shall hold a public hearing on a proposed modification of any community
redevelopment plan after public notice thereof by publication in a newspaper having a general
circulation in the area of operation of the agency.
(3) In addition to the requirements of s. 163.346, and prior to the adoption of any modification to a
community redevelopment plan that expands the boundaries of the community redevelopment area
or extends the time certain set forth in the redevelopment plan as required by s. 163.362(10), the agency
shall report such proposed modification to each taxing authority in writing or by an oral presentation,
or both, regarding such proposed modification.
(4) A modification to a community redevelopment plan that includes a change in the boundaries of
the redevelopment area to add land must be supported by a resolution as provided in s. 163.355.
(5) If a community redevelopment plan is modified by the county or municipality after the lease or sale
of real property in the community redevelopment area, such modification may be conditioned upon
such approval of the owner, lessee, or successor in interest as the county or municipality may deem
advisable and, in any event, shall be subject to such rights at law or in equity as a lessee or purchaser,
or his or her successor or successors in interest, may be entitled to assert.
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Omni CRA Redevelopment Plan FINAL DRAFT
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9
9.3
SAFEGUARDS AND
ASSURANCES
II
To ensure redevelopment activities follow the redevelopment plan, the following safeguards shall be
provided:
1.) The Omni CRA shall file an annual financial report by March 31 of each year with the Miami -Dade
County Board of Commissioners, The Miami -Dade County Clerk's Office, the City of Miami Board of
Commissioners, and the City's Clerk's Office. This report shall contain a programmatic overview of the
public and/or public/private funded activities of the Omni CRA as allowed by the Redevelopment
Plan.
• 2.) The Omni CRA shall file a Five Year Capital Program budget with the City of Miami, for inclusion in
the City's Five Year Comprehensive Plan, and update this budgeting document annually.
• 3.) The Omni CRA Board shall be fully subject to the Florida Sunshine Law and meet at least on a monthly
•• basis in a public forum.
4.) The Omni CRA shall provide adequate safeguards to ensure that all leases, deeds, contracts,
agreements and declarations of restrictions relative to any real property conveyed shall contain restrictions
and covenants running with the land and its uses, or other such provisions necessary to carry out the
goals and objectives of the Redevelopment Plan. The Omni CRA shall further ensure that such conveyance
comply with the requirements of Section 163.380, Florida Statutes.
• 5.) The Omni CRA may acquire property and convey such interest to developers and investors for
• redevelopment.
6.) The Omni CRA shall promote the use of Land Pooling to provide existing property owners with an
opportunity to participate in the redevelopment of the Omni redevelopment area as an equity partner
in return for the use of the private owners land for such development.
7.) The Omni CRA shall present a Regulatory Plan to the City of Miami for adoption and continue to
recommend zoning changes consistent with the Redevelopment Plan.
8.) The Omni CRA shall request to the City that all proposals for new development, once reviewed by
the City administration, shall be forwarded to the Omni CRA for review and consistency with the
Redevelopment Plan.
172
Omni CRA Redevelopment Plan FINAL DRAFT
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• 9.) The Omni CRA shall request specific goals and objectives from developers that utilize Tax Increment
. Financing (TIF) funds.
• 10.) The Omni CRA shall require a Local Participation Agreement for all development projects occurring
• within its boundaries.
11) The Omni CRA shall, or will require the developer to provide existing business owners and business
tenants within the redevelopment area preference for reentry into business within the redevelopment
area provided the business is compatible with the uses, theme and quality of development in the
redevelopment area and that the business owner or tenant has the financial ability to operate the
business consistent with the overall integrity of the redevelopment district.
Safeguards to Ensure •• 1) The Omni CRA shall maintain adequate records to provide for an annual external audit which shall
Financial Accountability . be conducted by a knowledgeable Certified Public Accountant selected by the City of Miami CRA
• Board of Commissioners. The findings of the audit shall be presented at a public meeting of the Board
. of the Omni CRA and such findings shall be forwarded to the City of Miami and Miami -Dade County by
March 31 of each year to the preceding fiscal year which shall run from October 1 through September
• 30. The annual Audit Report shall be accompanied by the Omni CRA's Annual Financial Report and
• shall be provided to the City of Miami , City Clerk's Office, Miami -Dade County and the Miami -Dade
. County Clerk's Office and be made available for public review. Legal notice in newspapers of general
circulation, including but not limited to the Miami Today, Miami Times, Daily Business Review and/or the
•
• Miami Herald, shall be provided to inform the public of the availability for review of the Annual Audit
• and Annual Financial Report.
2) All Omni CRA tax increment financing (TIF) funds shall be held as required by Florida Statutes.
3) The Omni CRA shall request specific redevelopment objectives from developers that utilize Tax
Increment Financing (TIF) funds.
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Omni CRA Redevelopment Plan FINAL DRAFT
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9
Safeguards to Ensure
Proper Implementation
and ProjectlProgram
Accountability
1) The Omni CRA shall establish measurable goals and objectives for each activity it administers and/or
funds.
2) The Omni CRA shall coordinate with related agencies, entities, community based organizations and
stakeholders, specifically including the Water and Sewer Authority (WASA), the City and County Public
Works, Capital Improvement Projects, and Planning & Zoning departments to ensure the proper planning,
budgeting and implementation of projects.
3) The Omni CRA shall hold public hearings on the following at its monthly Board Meetings:
a. Report and status on its programs and projects (the "Activities")
• b. Gather input from property owners, citizens and interested parties regarding redevelopment activities;
• and
Providing for a Time- •
Certain and Severability
c. Discuss strategies to resolve local redevelopment issues
All redevelopment activities of a contractual, financial and programmatic nature shall have a maximum
duration, or commitment of up to, but not exceeding, thirty (30) years from the date of adoption of the
original 1986 Omni Redevelopment Plan by the City of Miami and Miami Dade County Board of
Commissioners. The term of the CRA shall end on March 31, 2030
174
Omni CRA Redevelopment Plan FINAL DRAFT
APPENDIX
A
APPENDIX A:
LEGAL DESCRIPTION
The Study Area is physically defined as beginning at the eastern shoreline and north side of NE 20th Street:
then south along the eastern shoreline to 20 feet south of the FEC slip: then west along the 20 feet south of the
FEC slip to the west side of Biscayne Boulevard: then north along the west side of Biscayne Boulevard to the
southern edge of the 1-395 ROW: then following the southern edge of the 1-395 ROW to the west side of NW 1st
Place: then north along the west side of NW 1st Place to the south side of NW 14th Street: then west along the
south side of NW 14th Street to the west side of NW 1st Place: then north along the west side of NW 1st Place to
the south side of NW 22nd Street: then west along the south side of NW 22' Street to the east side of NW 2nd
Avenue: then south along the east side of NW 2nd Avenue to the south side of NW 22nd Street: then west along
the south side of NW 22nd Street to the west side of NW 5th Avenue: then north on the west side of NW 5th
Avenue to the south side of NW 22nd Street: then west along the south side of NW 22nd Street to the west side of
NW 6th Avenue:then north along the west side of NW 6th Avenue to the north side of NW 23rd Street: then east
along the north side of NW 23rd Street to the west side of NW 5th Avenue: then north along the west side of NW
5th Avenue to the north side of NW 23rd Street: then east along the north side of NW 23rd Street to the east side
of NW 2nd Avenue: then south along the east side of NW 2nd Avenue to the north side of NW 22nd Street: then
east along the north side of NW 22nd Street to the east side of North Miami Avenue: then south along the east
side of North Miami Avenue to the north side of NE 20th Street: then east along the north side of NE 20th Street to
the FEC ROW: then south along the FEC ROW to the north side of NE 20th Street: then east along the north side
of NE 20h Street to the west side of Biscayne Boulevard: then north along the west side of Biscayne Boulevard to
the north side of NE 20th Terrace: then east along the north side of NE 20th Terrace to the eastern shoreline: then
south along the eastern shore line to the north side of NE 20th Street.
Al
Omni CRA Redevelopment Plan FINAL DRAFT
APPENDIX
B
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APPENDIX
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APPENDIX
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APPENDIX
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Omni CRA Redevelopment Plan FINAL DRAFT
APPENDIX
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APPENDIX
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APPENDIX
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APPENDIX
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Omni CRA Redevelopment Plan FINAL DRAFT
APPENDIX
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