Loading...
HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #6350 Date: 08/20/2019 Commission Meeting Date: 09/12/2019 Type: Discussion Item Subject: Discussion - Melreese Purpose of Item: Requesting Department: Department of Real Estate and Asset Management Sponsored By: District Impacted: All A Discussion Item of the Miami City Commission providing an update on the status of the lease between the City of Miami and Miami Freedom Park, LLC for the lease and development of a soccer stadium, public park, technology hub, art and entertainment spaces, food and beverage venues, and a hotel and conference center with ancillary commercial uses at 1400 NW 37th Avenue. Background of Item: The City of Miami ("City") is the owner in fee simple of approximately one hundred thirty- one (131) acres of real property generally located at 1400 Northwest 37th avenue, Miami, Florida, and commonly known as the Melreese Golf Course ("Site"). Miami Freedom Park, LLC ("MFP") desires to design and develop approximately seventy-three (73) acres of the Site ("Demised Property"), for the purposes of constructing a soccer stadium, public park, technology hub, art and entertainment spaces, food and beverage venues, and a hotel and conference center with ancillary commercial uses ("Project"). On July 18, 2019 the City Commission approved a ballot question and Charter amendment for voters to approve the proposed Project and lease with MFP. The voters approved the ballot question and Charter amendment on November 6, 2018. City and MFP are currently in the process of negotiating the terms of a ground lease and development agreement ("Lease") for the Demised Property in accordance with the terms of the approved Resolution and Ballot Question. As per City Commission Resolution No. 19-0117, the City administration will present an update on the status of the lease and the negotiations for the Project. Budget Impact Analysis Item has NO budget impact Total Fiscal Impact: Reviewed B Real Estate and Asset Management Office of Management and Budget City Manager's Office Legislative Division City Manager's Office Office of the City Attorney Office of the City Attorney City Commission Aldo Bustamante Christopher M Rose Fernando Casamayor Carolina Aguila Ignacio Ortiz -Petit Carolina Aguila Carolina Aguila Maricarmen Lopez Department Head Review Budget Review Assistant City Manager Review Legislative Division Review City Manager Review Deputy City Attorney Review Approved Form and Correctness Meeting Completed 08/20/2019 9:59 AM Completed 08/22/2019 6:49 AM Completed 08/22/2019 5:18 PM Skipped 08/23/2019 10:29 AM Completed 08/29/2019 1:42 PM Skipped 08/23/2019 10:29 AM Skipped 08/23/2019 10:29 AM Completed 09/12/2019 9:00 AM