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Omni
CRA
OMNI
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-23-0013
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
http://miamicra.com
File Number: 13912
Revision: A
File Type: OMNI CRA Status: ADOPTED
Resolution
Controlling Body: OMNI Community
Redevelopment Agency
File Name: Rescind CRA-R-22-0019 - 1900 Biscayne Property Introduced: 4/25/2023
Owner LLC
Requesting Dept: OMNI Community Redevelopment Agency Final Action Date: 4/27/2023
Title: A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY ("CRA")
RESCINDING CRA RESOLUTION CRA-R-22-0019, ADOPTED ON JUNE 9, 2022,
RELATED TO THE APPROVAL OF A TAX INCREMENT FINANCE ("TIF") REBATE TO
K-P 1900 BISCAYNE JV, LLC, FOR A MIXED -USE AND MIXED -INCOME PROJECT
KNOWN AS "EDGEWATER COLLECTIVE" FOR THE DEVELOPMENT OF PROPERTY
GENERALLY LOCATED AT 1900 BISCAYNE BOULEVARD, MIAMI, FLORIDA, AND
AUTHORIZING THE CRA TO REBATE TO 1900 BISCAYNE PROPERTY OWNER
LLCA DELAWARE LIMITED LIABILITY COMPANY ("DEVELOPER"), THE TAX
INCREMENT FINANCE ("TIF") REVENUES GENERATED ONLY FROM THE
DEVELOPMENT BY THE DEVELOPER OF THE PROJECT IN AN AMOUNT NOT TO
EXCEED 95% OF THE TIF COLLECTED FROM THE PROJECT ANNUALLY,
PAYMENT BEING UPON SUBSTANTIAL COMPLETION OF THE PROJECT
RECEIVING A CERTIFICATE OF OCCUPANCY OR TEMPORARY CERTIFICATE OF
OCCUPANCY, SUBJECT TO THE RENTS FOR NOT LESS THAN 10% OF THE
PROJECT'S DWELLING UNITS BEING RESTRICTED UNTIL 2030, OR UNTIL 2047 IF
THE LIFE OF THE CRA IS EXTENDED TO 2047, AT RENTS SERVING HOUSEHOLDS
EARNING NOT LESS THAN 60% OF AREA MEDIAN INCOME (AMI) AND NOT MORE
THAN 100% OF AMI; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO
NEGOTIATE AND EXECUTE ANY AND ALL OTHER NECESSARY DOCUMENTS, ALL
IN ACCORDANCE WITH THIS RESOLUTION.
Notes:
Links:
Attachments: 13912 Resolution Modification Request
13912 OMNI CRA TIF Proposal (PDF)
History of Legislative File:
(PDF)
Revision: Acting Body:
Date: Action: Result:
A
A
A
H. Bert Gonzalez
George K. Wysong III
Victoria Mendez
4/25/2023
4/25/2023
4/25/2023
OMNI Community 4/27/2023
Redevelopment Agency
Department Head Review
Deputy Attorney Review
Approved Form and
Correctness
Meeting
Completed
Completed
Completed
Completed
City of Miami Page 1 of 2 Printed on: 9/11/2025
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1.
Omni
CRA
OMNI
Community Redevelopment Agency
Master Report
Enactment Number: CRA-R-23-0013
A OMNI Community
Redevelopment Agency
A City Clerk's Office
4/27/2023
4/28/2023
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
http://miamicra.com
ADOPTED Passed
Rendered Completed
City of Miami Page 2 of 2 Printed on: 9/11/2025