HomeMy WebLinkAboutSubmittal-Francisco Garcia-Presentation Public Benefits OverviewSubmitted into the public
record for i em(s) {) t 1
on 1 i l 4 l I City Clerk
DEPARTMENT OF PLANNING AND ZONING
Overview of Public Benefits
DI.4
15-01615
Public Benefits Program:
Bonus Method
Affordable / Workforce Housing
Public Parks / Open Space
On -site (2:1), Off -site (1:1)
On -Site (1:1) , Off -site (2:1), Improvements (1:1, 2:1 below 50%
median income
Trust Fund Contribution
Cash Contribution
Transfer of Development Rights (TDR)
Brownfields
LEED
Civic Space / Civil Support Uses
NRD-1 Public Benefits Trust Fund
Chapter 23 Historic Resources
One story (1:1)
Gold (4% FLR), Platinum (13% FLR) or < 50K sq ft incentives (2% FLR)
Donation of space/use (2:1)
Affordable/Workforce Housing: on -site (2:1); off -site (1:1)
Parks/Open Space: on -site (1:1); off -site (2:1)
Civic Space/Support Uses: on -site (1:1)
Cash Contribution
r 5- U So b o t i--(1 l- -F l e n t o b0 (' - P i QJ- f7 fi U P u b l; LK lr)e-hrS O v e v/
DEPARTMENT OF PLANNING AND ZONING
Bonus Height Thresholds
% Bonus
T6-8 8
12
5
25%
T6-12 12 20
8
30%
T6-24a 24 48
7 30%
T6-24b 24 48 16 40%
T6-36a 36 60 12 40%
T6-36b 36 60 22 40%
T6-48a 48 80 11 50%
T6-48b 48 80 18 50%
T6-60a 60 unlimited 11 50%
T6-60b 60 unlimited 18 50%
T6-80 80 unlimited 24 50%
Submitted into the public
record for i em(s)
tin J City Clerk
• DEPARTMENT OF PLANNING AND ZONING
O µ 1
On -Site Contribution
1 Dedicate
.Civic Space
21,55e Sq. FI. a1 M d.:;35ed Cna: Space
Z. Multiply Civic
, Space by FLR
21,E Sq.. Ft. It 7 FLR 150,213 Sq. Ft
Apply Bonus
.to Building
10AddRmrk Slows Rec• `ed
Submitted into the public
record f.r ite (s) 14
on City Clerk
Multiplier
On -Site (2:1)
Off -Site (1:1)
Area of need 2 X
FLR
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'
DEPARTMENT OF PLANNING AND ZONING
Cash Contributions
City of Miami
DEVELOPMENT FEES -
MARKET AREA
MIAMI 21 -
Citywide
[$ 18.89 .E
$ 18.89
$11.001
1$13.48--
�$ 12.58s„
$ 14.64}-
'$ 10.81..
$ 13.66
Submitted into the public
record for it m(s) Dr 4-
-4 I City Clerk
$ 10.11
$ 17.40
FEES MARKET AREAS
810.81
S10.81
515.95
WM; 813.66
e S17.40
• 310.11
> 513.93
514.84
517.82
413.48
312.58
814.84
511.00
518.89
s 513.88
e S18.89
IT 510.81
DI.4
15-01615
DEPARTMENT OF PLANNING AND ZONING
Transfer of Development Rights
In T4-O and higher, TDR is available to:
o Individually listed properties in the National Register
of Historic Places
o Listed as a contributing property within a National
Register District
o Individually listed in the Miami Register of Historic
Places
o 2.25 multiplier
o Listed as a contributing property within a local
historic district
o MiMo: Contributing => 2.25
o MiMo: Non-contributing => 1.75
Submitted Into the public
record for it m(s) t .�
on 1 i `� �[ . City Clerk
mrn
rt""+ 1
Miami Madera
UM.
Boom List.
East'
—y, Mama Vista
� P•s! Office
Beverly a
Tenace
DI.4
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•
DEPARTMENT OF PLANNING AND ZONING
Special Area Plans (SAP) and Other Efforts
Submitted into the public
record for item(s)
on 1 \ 1 ) I2 City Clerk
Di.4
15-01615
o Brickell Citi Centre: estimated $19.2 million
MetroMover enhancements, below and above grade connections, Museum Park tree
contributions, pedestrian paths
o Design District: Woodson Park improvements, future park acquisition in area within 3 years, non-
standard right-of-way improvements, Buena Vista East enhancements
o Riverlanding: creation of adjacent park (County land), creation of publicly -accessible riverwalk
o Miami River: estimated $21.52 million
$14 million contribution to Affordable Housing, $1.5 million Transportation Fund, Jose
Marti Park improvements
o Miami World Center: enhanced job creation, two public open spaces equaling 34,000 square feet
o NRD-1 Public Benefits Trust Fund: Affordable/Workforce Housing contributions, Parks/Open
Space, Civic Space/Support. - Trust Fund contributions to remain within District.
o Payment in lieu of parking: parking reductions to contribute to Transportation Trust Fund
Submitted into the public
record for i m(s) i r 4
on If City Clerk
DEPARTMENT OF PLANNING AND ZONING
4;
► O
Allocation of Funds
Public Benefits
o Funds collected are deposited into Public Benefits Trust Fund
o City Commission determines allocations of funds collected
Affordable/Workforce Housing
Parks and Open Spaces
Wynwood Public Benefits
o Wynwood Business Improvement District determines allocations of funds collected
NRD-1 Public Benefits => NRD-1 Public Benefits Trust Fund => Wynwood BID
Transportation Trust Fund
Various sources
=>
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Affordable Housing Trust Fund => Dept. of Comm. & Econ. Dev.
=> Parks and Open Space Trust Fund => Parks and Rec Dept.
=>
(Operating fund, capital contributions,
parking reductions)
Transportation Trust Fund => City Commission super majority