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Home My WebLink AboutSubmittal-Daniel Rotenberg-RFP Summary Riverside WharfCITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM Submitted ittte the public record for item(s) E. ) on 1'�, (iry1 1 5 . City Clerk TO: Daniel J. Alfonso DATE: December 8, 2015 City Manager FROM: Daniel Rotenberg, Committee Chair Director, Real Estate & Asset Management SUBJECT: Recommendation for North River Property Request for Proposals No. 14-15-024 REFERENCES: ENCLOSURES: Signed and Completed Evaluation Forms The City of Miami Department of Real Estate and Asset Management issued RFP # 14-15-024 for the development and lease of a city -owned riverfront property located at 236 and 298 SW North River Drive ("North River Property"), and a single proposal (submitted by Riverside Wharf, LLC) was received and deemed responsive. The Selection Committee ("Committee") appointed by the City Manager, met on December 8, 2015 to evaluate the criteria and scoring values assigned and to determine a rank order; the Committee was comprised of the following individuals: 1) Jose A. Galan, Director of Real Estate Development, Internal Services Department, Miami -Dade County 2) Luciana Gonzalez, Assistant Director, Planning and Zoning, City of Miami 3) Daniel Rotenberg, Director, Real Estate and Asset Management, City of Miami Pursuant to Ordinance 12271, Section 18-86(C)(6) Proposal Evaluation, "The recommendations of the evaluation committee shall be submitted to the city manager." Recommendation for Final Selection The Committee recommends that the City enter into contract negotiations with the top -ranked firm: 1. Riverside Wharf, LLC ( pts) Your signature below represents your approval of the Committee's recommendation. 211 APPROVE 1'.;' Daniel J. Alfons•,?ty ager cc: Alberto Parjus, Assistant City Manager Victoria Mendez, City Attorney DREAM 160007 i5-u)5,22-Submdt-Uo- nnieti R-o-enbug- RFP 5un^mUriq U(124cl-Q. NhUVP Project Description: RFP Number(s): Submitted into the public record for item(s) E.►i on j,}iOI+5 • City Clerk EVALUATION FORM North River Property The City is Inviting Proposers to bid on Request for Proposals ("RFP") No. 14-15-024 for the lease and development of City -owned properly located on 236 and 298 SW North River Drive. It is the City's intention to enter into a long-term lease agreement withit2�the selected proposer for the use of the Property in accordance with the terms specked in the below RFP. Pant I r7'e lrAer RFP #14-15-024 Evaluator (name & signature): Date: /.2./GP/s EVALUATION CRITERIA Value 1 (RW) 2 3 4 COMMENTS Overall Planr&Design 30pts (,( l N/A N/A N/A p s ag l eN� sI� Ova- -41me! L yy p diwc 4 %�,,,,qk f rn16 I b9 AA � �,.�,f,,,. • -"� f A'W �-0- y� M ve - """ VDU/�� ksr ai arc I 16GM Jed t�/lOr-c6J- CO° e' ~j',1{ oJer ei(cl /itt L{4ft- c protiacJ-Q picicape C / II 1 � � I // ,,/1 // II -- ) � r pi'v 0. aeve jp�+A-i- 44,44 (IQ M li-S QlOr - a4c / k Pe, Ct/( ok? Ltd. *Relevant Business and project team e>�erience in similar projects *Financial sines capability e availability of financial/business references Proposed Revenues 35 pts 9,..7 N/A N/A N/A /'�� ,.,,"�_ 0 j.(� y-�iei.C.('/1S ? > • 1. "rr"4` l �_ 4- t t Q �c, (.1 Soups\ 0m17 `Y'1 (oh shit,- 1 ia... ,ec . *Amount of financial return to the City, including the greater of Minimum Base Rent and Percentage Rent Design 20 pts 113 N/A N/A N/A tC �,,,} -�{� _ OkIt�'etit �C/es/ n( 0ncl, rr''" P� ] k e _ -,/ 1-N,v�'. Ad C,j415j1 - 110'tl,l kl out jT^f ti e s9J6 - d 11 4&✓'""' • �,�- _ 1 P P le. V a� ej« •Q l(r / / yaj Cord-tqv f .� WGfli0,ri . �-0dc1 (keel], oe,,,' concido *Aesthetics &Functionality of Proposed Improvements ►Improvement to the Miami River Walkway *Maximization of marine activities Public Benefit 10 pts t (} 1 NIA NIA N/A r , P _ t / c Qfr.�}. ..J . mil( e7/iK,f �(f f /t -{- QIMbI �lrn QL/i ips G�9 �•1 �[�J / J+C ! - -- o (Ji(Ce �n "'t �T - M �) �`Q 1 �/� ��'! � r��k Qccert N1 j I JJ ' / /� / 'R ih0t/(J be n0k1� 19r4% - piv 1 czt, Of �'(.- dJc _(i afrnli t, m/v ufe G/ et/iv/ *Enhanced continuity of Miami River Walkway Public access to the Miami River from North River *Public access to the Miami River from North River ►Maximumfrontage tothe Miami River Local & Minority Participation 5 pts 5 N/A NIA N/A japad r� `17S r u^ : p _ S(j0 perri,p),e•J Jv0� se4,t e 3d {'u1,t7 J j� tt ��/ / 1 I loco I— Sa lOr'S J U y /rs �Ony �l�r pd-).vajtl'f *Short term and long term participation of minority individuals *Local office maintained by Proposer as ,a-) .31r/ I ' I / TOTAL 100 points U5 NIA N/A N/A Instructions: 1) The Evaluation Criteria listed above is derived from the information provided in the RFP or this project. 2) Each Reviewer must sign and date their Evaluation form(s) in ink. 3) Each Reviewer must base their evaluation on the same criteria so that value uniformity can be established. QNLY whole numbers should be used in scoring. 4) Each Reviewer will evaluate and score all Proposals and provide the original completed score sheets. 5) Committee Chair will provide a written Recommendation for Final Selection" memorandum addressed to the City Manager. Proposer's Firms: 1 Riverside Wharf, LLC ("RW") 3 N/A 2 N/A 4 N/A Project Description: RFP Number(s): Submitted into the public record f r item(s) RE + j. on City Clerk EVALUATION FORM North River Property The City is inviting Proposers to bid on Request for Proposals ("RFP") No. 14-15-024 for the lease and development of City -owned property located on 236 and 298 SW North River Drive. It is the City's intention to enter into a long-term lease agreement with the selected proposer for the use of the Property in acc rdance with the terms specified in the below RFP. RFP #14-15-024 Evaluator (name & signature):i Date: EVALUATION CRITERIA Value 1 (RW) 2 3 4 COMMENTS Overall Plan Design 30 pts a5 NIA NIA NIA 1 A _ .1 �stig `_ 05e lY��TYS°-1S Ynl"tt�Y, • Relevant Business and project team experience in a p similar projects ►Financial capability and availability of financial/business references proposed Revenues 35 pts ` 5 NIA NIA WA l ( t r Tl �,,�+ �tC, + 11 ��flIAU ,IUI e J1y`f' (ji y/ f AS f"Ql�r1� �{ Y '�-17� 1 r "ul tj . �"ll 1 1. U ►Amount of financial return to the City, including the greater of Minimum Base Rent end Percentage Rent Design 20 pts /1 ` WA WA WA p L-`4 ik. ` VW lc, vW t r1,a J € t[i�l�C ,A I 1qekb �� 41, v ►Aesthetics & Functionality of Proposed Improvements ►Improvement to the Miami River Walkway 10-Maximization of marine activities Public Benefit 10 pts D NIA N/A WA n Q(•(�p,y►Enhanced % I / t::ltIrr: "' t' f061-41-110. kij,ii.t\ t' ; continuity of Miami River Walkway Public access to the Miami River from North River ►Public access to the Miami River from North River 110-Maximum frontage to the Miami River I Local & Minority Participation 5 pts try / ccc/// WA NIA WA ►Short term and long term participation of minority individuals *Local office maintained by Proposer ry t TOTAL 100 points 93 WA WA NIA Instructions: 1) The Evaluation Criteria listed above is derived from the Information provided in the RFP or this project. 2) Each Reviewer must sign and date their Evaluation form(s) In ink. 3) Each Reviewer must base their evaluation on the same criteria so that value uniformity can be established. ONLY whole numbers should be used in scoring. 4) Each Reviewer will evaluate and score all Proposals and provide the original completed score sheets. 5) Committee Chair will provide a written "Recommendation for Final Selection' memorandum addressed to the City Manager. Proposer's Firms: 1 Riverside Wharf, LLC ("RW") 3 NIA 2 N/A 4 N/A Project Description: RFP Number(s): Submitted into the public record or it m(S) 1 f 2- on 2. J p - City Clerk EVALUATION FORM North River Property The City is inviting Proposers to bid on Request for Proposals ("RFP") No. 14-15-024 for the lease and development of City -owned property located on 236 and 298 SW North River Drive. It is the City's intention to enter into a long -tens lease agreement with the selected proposer for the use of the Property in accordance with the terms specified in the below RFP. f I^ U 1;& L- RFP #14-15-024 Evaluator (name & signature): Date: EVALUATION CRITERIA Value 1 (RW) 2 3 4 COMMENTS Overall Plan & [lesion 30 pts - N/A NIA N/A Relevant Business and project team experience In similar projects ►Financial capability and availability of financlal/business references proposed Revenues 36 pts N/A N/A N/A a rILL .,"�, 3 n { /,) : �, (' + t (/` + 4C �/ �, �f i fit{ r 3 _raj 4,1 kw d62' nt, ft 4 j . r fr dif-44 sfry .r.t Pft�� Amount of financial retum to the City, Including the greater of Minimum Base Rent and Percentage Rent Deslon 20 pts I NIA NIA NIA ,..1,-�y .1yy-7 j/� � { { '7iVU-4s'-o I V 't 'r/UU 1 V-L` 9 4v, n► '�-')z i�'�.,`j OW r' 'l r 0 _-0 F--J-` - Dy b\� ►Aesthetics &Functionality of Proposed Im rovements mprovement to the Miami River Walkway *Maximization of marine activities Public Benefit 10 pts N/A N/A N/A fVV �,t f / J tl �'(1' -Y ;'_� �I f I ^ `' '4^" �' p ar+r "4'` tr . //�� jp� w ►Enhanced continuity of Miami River Walkway Public access to the Miami River from North River ►Publ c access to the Miami River from North River ►Maximum frontage to the Miami Riveraa�///jjj//��11% Local &Minority Participation 5 pts -^, NIA NIA NIA bul " -4!r �I[ ,� t,ov+t+"�✓ ►Short term and long term participation of minority individuals ►Local office maintained by Proposer TOTAL 100 points (I") NIA NIA N/A Instructions: 1) The Evaluation Criteria listed above is derived from the information provided in the RFP or this project. 2) Each Reviewer must sign and date their Evaluation form(s) In ink. 3) Each Reviewer must base their evaluation on the same criteria so that value uniformity can be established. ONLY whole numbers should be used In scoring. 4) Each Reviewer will evaluate and score all Proposals and provide the original completed score sheets. 5) Committee Chalr will provide a written 'Recommendation for Final Selection" memorandum addressed to the City Manager. Proposer's Firms: 1 Riverside Wharf, LLC ("RW") 3 NIA 2 N/A 4 N/A PROPOSAL SUMMARY NORTH RIVER PROPERTY RFP # 14-15-024 Property: 236 & 298 SW North River Drive, Miami, Florida 33130 Issuance Date: June 15, 2015 Submittal Date: September 14, 2015 Selected Proposer: Riverside Wharf, LLC Submitted into the public record for items) �I an i 2 I�_�� 1..�� City Clerk Executive Summary: Proposer will assemble the RFP site together with the adjacent Proposer -owned and/or controlled properties to create a unified riverfront development to serve as Miami's first "Fisherman's Wharf" and consist of four (4) seafood restaurants along the Miami River. Community Benefits • Fish Market that will employ local fishermen and preserve the local fishing community • Continuity of Miami River Walkway extending from 1-95 to NW 15t Street Bridge • Three (3) plaza and breezeways entries providing "view corridors" to pedestrians and motorists • Estimated minimum of $750,000 in public streetscape improvements • Temporary relocation of existing fishermen to nearby area • Over 60% of the combined land area will be usable open space, available to the public. • Central plaza to contain Interactive water feature, fish weighing station for fishing boats; and a Riverside Wharf selfie-stand for visitors and tourists • Temporary docking for over ten (10) leisure yachts 100% local hiring in terms of subcontractors; hired laborers and vendors Each of the four (4) restaurants will attempt to achieve 30% minority hiring goal; and a 100% local labor hiring goal, except for the hiring of the "chef' and "sous chef" positions which will be open to the best available candidate Project Summary • Total $ 18 million riverfront redevelopment of a restaurant and entertainment complex • Low-rise development no greater than 75 feet in height • Four (4) seafood restaurants and Fish Market • Each restaurant shall be 2 stories each with rooftop gardens • Combined air conditioned space of 33,703 SF and greater than 1,200 seating capacity • Projected to generate 300 permanent jobs and save 30 fishing jobs Operational Plan • Fish Market, Commercial Fishing Operations and Seafood/Raw Bar Concept shall be managed by Luis and Esteban Garcia (Garcia's Seafood) • Additional Restaurant to be filled by Restaurant Brokerage Consultant, Koniver Stern Group Page 1 of 4 Market Analysis & Economic Feasibility • Provided by Integra Realty Resources (Appendix I) • Total Investment by Proposer on RFP Site: $7,286,485 • Projected Schedule: 18 months from Notice to Proceed to occupancy Submitted into the public record for item(s) (fie on 12 ) 16 ! / City Clerk Financial Plan & Feasibility • Riverside Wharf, LLC to invest $5.5 Million • Fund commitments for additional $12.7 Million • Cash flow analysis providing estimated income and expenses (pg. 48 of proposal) Return to the City • Proposer to provide the greater of Base Rent or Percentage Rent • Base Rent: • Percentage Rent: $195,500.00 (per year) 15% of total rental income • City's Property (RFP Site) will undergo improvements in excess of $6 Million • Riverfront shoreline will be replaced with a code and FEMA compliant seawall, bulkhead and riverfront promenade Proposer's Details • Proposing Entity: Riverside Wharf, LLC • Principal office at 2950 NW 7th Avenue, Miami, FL 33127 • Managers o Alexis Mantecon o Guillermo Vadell o MV Real Estate Holdings • Development Team: o Bermello, Ajamil & Partners —Architects and Engineers o MCM General Contractors o Greenberg-Traurig — Legal o Koniver Stern Group — Restaurant/Retail Broker o Ocean Consulting, LLC — Marina Design • Business Team o Luis Garcia o Esteban Garcia o Willy A. Bermello o Raul Carreras o James R. Bowers o Randy P. Hollingworth o Erick Valderrama o Armando Perez o Ruben Bravo o Manuel Escasena Page 2 of 4 o Angel Cisneros o Diana Pinerio RFP REQUIREMENTS SECTION 1. SUBMISSION REQUIREMENTS Copies: 1 original plus 22 copies, 1 electronic CD/USB copy Registration Fee $150.00 Submitted into the public record for it ni(s) Op , l Oil ) City Clerk Earnest Money Deposit $100,000.00 Background Check — sealed* (see section 4 below) Required Minimum Rent Schedule: Monthly Minimum Base Rent of $195,500 adjusted annually by the greater of 3% or CPI. Proposer must also propose a percentage rent. Compliant with Proposal Format Requirements (see section 3 below) Completed Response Forms Exhibits A through F 0 One (1) Original Rendering 24 x 36", plus 3 additional copies at 11 x 17 format (no more than 14 boards accepted) Site Plan Three (3) Business References for each Principal One (1) Financial Reference for each Principal (on Bank letterhead) Resumes & Credentials Proposer's Disclosure/Disclaimer Form Copy of Certificate of Good Standing/Status SECTION 2. EXPERIENCE, BACKGROUND OF PROPOSER & REFERENCES One of the following (as identified in proposal) o A minimum of fifteen (15) years experience directly managing and operating an establishment substantially similar to the proposed business, providing similar goods, services or any combination thereof during the last fifteen (15) years; OR o A minimum of any five (5) years experience directly involved in the ownership and day to day operation of a business establishment substantially similar to that proposed during the last ten (10) years. Credentials, resume(s) and experience of the proposed management team that will operate the proposed business. Proposer must have played a leading role or must have had principal responsibility or other demonstrated experience in the successful design, remodeling, renovation and build -out of a project(s) of similar size and complexity as the project and uses proposed. Proposer and/or its principals must have had experience with the successful financing of at least one (1) project of similar size or greater SECTION 3. OTHER ELEMENTS FOR INCLUSION IN PROPOSAL: Substantial acceptance of Lease Terms (including acceptance of nonmaterial items) Page 3 of 4 Submitted into the public record for item(s) Q.E. Projected Schedule: 18 months from issuance of Notice to Proceedin 1'2,I 10 R/ City Clerk Projected Total Investment $7,286,485 (Const Cost: $4,458,995) Financial Feasibility/Cash Flow Analysis of Revenues/Expenses Evidence of Financing Capacity (capable of self-financing or bank/institutional financing) showing all of the following: SECTION 4: BACKGROUND CHECK ON PROPOSER Proposer or any of the Proposer's principals shall not be in arrears to the City for any debt or obligation;* Shall not have uncured defaults or have failed to perform under the terms of any agreement or contract with the City within the past ten (10) years;* Shall not be in default under any agreement or contract with the City on the date and time the proposal is due; * Shall not have caused fines to be levied against the City; * Shall not have initiated any current, pending or past litigation against the City within the past five (5) years; * Shall not have any litigation or a legal dispute involving a real estate venture within the past ten (10) years; * Shall not have current, pending or past bankruptcies or foreclosures within the past seven (7) years on projects the Proposer or the Proposer's principals have owned or controlled; * Shall not have caused any city -owned land or improvements to incur environmental damage, environmental contamination liability or any other liabilities. * * Comments: Background Check: Background check provided did not reveal violation of any of the above -listed requirements. 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