HomeMy WebLinkAboutCRA-R-11-0038 07-25-2011 Cover MemoSEOPW Board of Commissioners Meeting
July 25, 2011
SOUTHEAST OVERTOWN/PARK WEST
COMMUNITY REDEVELOPMENT AGENCY
INTER -OFFICE MEMORANDUM
To: Board Chair Richard P. Dunn I1
and Members of the CRA Board
From: Pieter A. Bockweg
Executive Director
Date: July 18, 2011 File:11-00666
Subject: Resolution Authorizing the Execution of an
Agreement with Carlisle Development Group,
LLC and Palmetto homes of Miami, Inc. for
the Development 1201 N.W. 3rd Ave., and
229-247 N.W. 12th Street.
References:
Enclosures: Supporting Documentation; Legislation
BACKGROUND:
It is recommended that the Board of Commissioners of the Southeast Overtown/Park West Community
Redevelopment Agency ("CRA") approve and adopt the attached Resolution authorizing the execution of an
agreement, with Carlisle Development Group, LLC and Palmetto homes of Miami, Inc. for the Development
1201 N.W. 3rd Avenue, and 229-247 N.W. 12t Street, Miami, Florida.
On April 8, 2011, the CRA issued a Request for Proposals ("RFP") for the development of property owned by
the CRA located at 1201 N.W. 3rd Ave., and 229-247 N.W. 12th Street, Miami, Florida. Four (4) responses were
received by the Clerk of the Board on May 11, 2011. A selection committee was formed to evaluate the
responses and recommend a proposer to enter into negotiations for the right to develop the subject properties.
Carlisle Development Group, LLC and Palmetto homes of Miami, Inc. was the highest rated proposer as ranked
by the selection committee.
JUSTIFICATION:
The Amended and Restated Southeast Overtown/Park West ("SEOPW") Redevelopment plan ("Plan") lists as
one of the main goals for eliminating "slum and blight" conditions, the creation of infill housing. While there has
been demolition of old, decrepit, and outdated multifamily complexes, there is a void that must be filled. The
many vacant lots have provided opportunities for newly built green mixed -use buildings that will include retail
and office space with a host of amenities. This resolution will provide for the first residential/commercial building
to be built in the core of the main Overtown commercial corridor in decades. It will breed new life into the local
economy by providing additional density that will patronize the enduring businesses that have managed to keep
their doors open in this current economic environment. The temporary construction jobs will provide needed
resources to the residents. Although there will not be a significant amount of permanent jobs, new permanent
positions will be created as a result of this project. All objectives of the plan as cited below.
Section 2, Goal 3/Principles 2 and 3, at pages 12 and 14, of the 2009 Amended and Restated Southeast
Overtown/Park West Redevelopment Plan, lists "[c]reating infill housing," and "variety in housing options," as
stated redevelopment goals.
Section 2, Goal 4/Principle 4, at pages 12 and 14, of the 2009 Amended and Restated Southeast
Overtown/Park West Redevelopment Plan, lists "[c]reating jobs within the Community," as stated redevelopment
goals.
This Resolution carries out these objectives.