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C R A
OMNI
Community Redevelopment Agency
Legislation
OMNI CRA Resolution: CRA-R-24-0047
OMNI CRA
1401 N. Miami Avenue
Miami, FL 33136
www.omnicra.com
File Number: 16408 Final Action Date:7/25/2024
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE OMNI
REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY
("CRA"), AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND
EXECUTE A LEASE AGREEMENT BETWEEN THE "CRA" AND WYNWOOD
WORKS, LLC, A FLORIDA LIMITED LIABILITY COMPANY; ALLOCATING
FUNDS FROM THE CRA'S FISCAL YEAR 2023-2024 BUDGET IN AN AMOUNT
NOT TO EXCEED TWO HUNDRED FORTY-NINE THOUSAND NINE HUNDRED
NINETY-SIX DOLLARS ($249,996.00) ANNUALLY FOR FIVE THOUSAND ONE
HUNDRED FIFTY THREE (5,153) SQUARE FEET OF RENTABLE RETAIL
AND/OR COMMERCIAL SPACE LOCATED AT 2037 NORTH MIAMI AVENUE,
MIAMI, FL 33127 ("PROPERTY") ALSO REFERRED TO AS "WYNWOOD
WORKS", LOCATED WITHIN THE CRA REDEVELOPMENT AREA; FOR A
PERIOD OF SEVENTY-TWO (72) MONTHS; AUTHORIZING THE EXECUTIVE
DIRECTOR TO DISBURSE FUNDS AT HER DISCRETION, SUBJECT TO THE
AVAILABILITY OF FUNDS; FURTHER AUTHORIZING THE EXECUTIVE
DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS
NECESSARY INCLUDING ANY AND ALL AMENDMENTS THERETO, ALL IN
FORMS ACCEPTABLE TO THE GENERAL COUNSEL, FOR THE PURPOSES
STATED HEREIN AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Omni Redevelopment District Community Redevelopment Agency
("CRA") is tasked with reducing slum and blight within its boundaries; and
WHEREAS, the Executive Director seeks authorization for the negotiation and execution
of a lease agreement for a period of seventy-two (72) months, by and between the CRA and
Wynwood Works, LLC, a Florida Limited Liability Company for the property located at 2037
North Miami Avenue, Miami, FL 33127, also referred to as "Wynwood Works" ("Property")
located within the CRA redevelopment area, for Five Thousand One Hundred Fifty Three
(5,153) square feet of rentable and/or commercial space; and
WHEREAS, the CRA desires to allocate an amount not to exceed Two Hundred Forty
Nine Thousand Nine Hundred Ninety Six Dollars ($249,996.00) annually plus an increase of
Three Percent (3.0%) every year for the term of the lease; and
WHEREAS, the CRA has the flexibility to use the space exclusively or sublease it below
market rate as an economic incentive to attract new businesses within the redevelopment
area; and
WHEREAS, adoption of the Resolution is consistent with the CRA's 2019 redevelopment
plan;
City of Miami Page 1 of 2 File ID: 16408 (Revision:) Printed On: 9/12/2025
Rescinded by CRA-R-25-0018
File ID: 16408 Enactment Number: CRA-R-24-0047
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
OMNI REDEVELOPMENT DISTRICT COMMUNITY REDEVELOPMENT AGENCY OF THE
CITY OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the Preamble of the Resolution are
adopted by reference and incorporated as fully set forth in this Section.
Section 2. Funds in an amount not to exceed Two Hundred and Forty -Nine Thousand
Nine Hundred and Ninety -Six Dollars ($249,996.00), with an annual increase of three percent
(3.0%) until the lease expires, are allocated from the CRA Fiscal Year 2023-2024 budget to fund
the costs as requested for a period of Seventy -Two (72) Months, subject to the availability of
funding to Wynwood Works, LLC for the Purpose stated herein.
Section 3. The Executive Director is authorized to negotiate and execute a lease
agreement including any and all necessary documents, all in forms acceptable to the General
Counsel, for the purposes stated herein.
Section 4. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND CORRECTNESS:
ng6ff1td by CRA-R-25-0018
Page 2 of 2 File ID: 16408 (Revision:) Printed on: 9/12/2025