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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #12104 Date: 06/09/2022 Commission Meeting Date: 07/28/2022 Requesting Department: Department of Real Estate and Asset Management Sponsored By: District Impacted: District 1 Type: Discussion Item Subject: Discussion Item - Unsolicited Proposal for GSA Site Purpose of Item: A Discussion Item to be heard by the Miami City Commission concerning the unsolicited proposal submitted by N.R. Investments, Inc. for a Public -Private Partnership to redevelop 18.75 acres of City -owned property located at 1970 NW 13 Avenue and 1950 NW 12 Avenue and known as the GSA Site in accordance with Section 18-119, City of Miami Code of Ordinances. Background of Item: The City of Miami ("City") owns 18.75 acres of real property located at 1970 NW 13 Avenue and 1950 NW 12 Avenue, Miami, Florida, and known as the GSA Site ("GSA Site"). The GSA Site is currently utilized by the City's General Services Administration, Solid Waste, Fire Department, and Parks Department. The City of Miami Department of Real Estate and Asset Management has received an unsolicited proposal from N.R. Investments, Inc. ("NR Investments") for the redevelopment of the GSA Site. NR Investments is proposing to develop a mixed -use project, inclusive of residential, retail, hotel, and office pursuant to a 99-year ground lease. The proposal includes environmental remediation, improved infrastructure, open green space, workforce housing, educational space, community space, and other benefits stated in the proposal. As per section 18-119 of the City of Miami Code of Ordinances, the City shall first notify the commission of the unsolicited proposal by placement of a discussion item on the agenda for the Commission's approval to proceed with said unsolicited proposal project. Budget Impact Analysis Item is NOT Related to Revenue Item is NOT funded by Bonds Item has NO budget impact Total Fiscal Impact: Reviewed B Office of the City Attorney Office of Management and Budget Department of Procurement City Manager's Office City Commission Jacqueline Lorenzo Marie Gouin Annie Perez Arthur Noriega V Nicole Ewan Department Head Review Budget Review Procurement Review City Manager Review Meeting Completed 06/09/2022 3:39 PM Completed 06/14/2022 9:43 AM Completed 06/14/2022 1:12 PM Completed 06/14/2022 1:49 PM Completed 07/28/2022 9:00 AM