HomeMy WebLinkAboutCRA-R-25-0034Southeast Overtown/Park West
Community Redevelopment Agency
Legislation
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
www.seopwcra.com
CRA Resolution: CRA-R-25-0034
File Number: 17792 Final Action Date:6/26/2025
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST
OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY
("SEOPW CRA"), WITH ATTACHMENT(S), BY A FOUR -FIFTHS (4/5THS)
AFFIRMATIVE VOTE, AFTER AN ADVERTISED PUBLIC HEARING,
RATIFYING, APPROVING, AND CONFIRMING THE EXECUTIVE DIRECTOR'S
RECOMMENDATION AND FINDING, ATTACHED AND INCORPORATED AS
EXHIBIT "A," THAT COMPETITIVE NEGOTIATION METHODS AND
PROCEDURES ARE NOT PRACTICABLE OR ADVANTAGEOUS, PURSUANT
TO SECTIONS 18-85 AND 18-86 OF THE CODE OF THE CITY OF MIAMI,
FLORIDA, AS AMENDED ("CITY CODE"), AND WAIVING SAID PROCEDURES,
AUTHORIZING THE ALLOCATION OF GRANT FUNDS, IN AN AMOUNT NOT
TO EXCEED TWO HUNDRED THOUSAND DOLLARS AND ZERO CENTS
($200,000.00) ("FUNDS"), TO TDG SPORTS & ENTERTAINMENT, LLC, A
FLORIDA LIMITED LIABILITY COMPANY ("TDG"), FOR TENANT SPACE
IMPROVEMENTS ("PURPOSE") AT 101 NORTHWEST 8TH STREET, UNIT 100,
MIAMI, FLORIDA 33136 ("TENANT SPACE"); AUTHORIZING THE EXECUTIVE
DIRECTOR TO DISBURSE THE FUNDS, AT HIS DISCRETION, ON A
REIMBURSEMENT BASIS OR DIRECTLY TO VENDORS, UPON
PRESENTATION OF INVOICES AND SATISFACTORY DOCUMENTATION,
SUBJECT TO THE AVAILABILITY OF FUNDING; FURTHER PURSUANT TO
SECTIONS 163.370 AND 163.380 FLORIDA STATUTES, SELECTING TDG AS
THE SOLE PROPOSER, FOR USE OF THE TENANT SPACE; AUTHORIZING
THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE A SUB -LEASE
AGREEMENT ("SUB -LEASE") WITH TDG, IN A FORM ACCEPTABLE TO
COUNSEL, FOR AN INITIAL THREE (3) YEAR TERM, AT A TOTAL BASE RENT
OF ONE DOLLAR AND ZERO CENTS ($1.00) PER SQUARE FOOT ANNUALLY,
PLUS THE PROPORTIONATE SHARE OF REAL ESTATE TAXES, INSURANCE
AND COMMON AREA MAINTENANCE (CAM) CHARGES, WITH OPTION TO
RENEW FOR A TERM OF YEARS NOT TO EXCEED 2031; FURTHER
AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AND EXECUTE
ANY AND ALL OTHER NECESSARY DOCUMENTS, ALL -IN FORMS
ACCEPTABLE TO COUNSEL, FOR THE PURPOSE STATED HEREIN;
PROVIDING FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE
DATE.
WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW
CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is
responsible for carrying out community redevelopment activities and projects within its redevelopment
area ("Redevelopment Area") in accordance with the 2018 Updated Southeast Overtown/Park West
Redevelopment Plan (the "Plan"); and
WHEREAS, Section 163.370, Florida Statutes authorizes the SEOPW CRA to enter into [sub -
]leases for property within the Redevelopment Area; and
City of Miami Page 1 of 4 File ID: 17792 (Revision: A) Printed On: 9/16/2025
File ID: 17792 Enactment Number: CRA-R-25-0034
WHEREAS, Section 163.380, Florida Statutes authorizes the SEOPW CRA to "lease, dispose of,
or otherwise transfer real property or any interest therein" acquired within the Redevelopment Area "to
any private person ... and may enter into [commercial] contracts" in order to "assist in preventing the
development or spread of future slums or blighted areas"; and
WHEREAS, Section 2, Goal 4 of the Plan encourages the "creat[ion of] jobs within the
community" as a stated redevelopment goal; and
WHEREAS, Section 2, Goal 5 of the Plan lists the promotion of the Redevelopment Area "as a
Cultural and Entertainment Destination ... that is attractive to families and individuals of all
backgrounds" as a stated redevelopment goal; and
WHEREAS, Section 2, Goal 6 of the Plan focuses on "improv[ing] the quality of life for
residents" as a stated redevelopment goal; and
WHEREAS, Section 2, Principle 4 of the Plan reinforces that a "variety in employment
opportunities" be made available to residents within the Redevelopment Area as a stated redevelopment
principle; and
WHEREAS, Section 2, Principle 6 of the Plan insists that local businesses be promoted in order
to "improve the neighborhood economy" and "expand the economic opportunities of present and future
residents and businesses" as a stated redevelopment principle; and
WHEREAS, on April 15, 2021, the Board of Commissioners adopted Resolution CRA-R-21-
0005, authorizing the SEOPW CRA and Noxxen Lyric, LLC, a Florida limited liability company, to
execute a ten (10) year lease for four (4) commercial spaces, containing approximately 7,000 total square
feet of space ("Leased Spaces"), at "Lyric Point," located at 101 Northwest 8th Street, Miami, Florida
33136 ("Premises"), immediately adjacent to the historic Lyric Theatre Complex; and
WHEREAS, on April 15, 2021 and July 22, 2021, respectively, the Board of Commissioners
adopted Resolutions CRA-R-21-0006 and CRA-R-21-0025, authorizing funding, in an amount not to
exceed Fifty Thousand Dollars and Zero Cents ($50,000.00), for costs associated with architectural and
engineering services for the Leased Spaces, and subsequently authorizing buildouts of the Leased Spaces,
in an amount not to exceed Seven Hundred Thousand Dollars and Zero Cents ($700,000.00); and
WHEREAS, on April 17, 2023, in accordance with Florida Statutes 163.380(2) and
163.380(3)(a), the SEOPW CRA issued a public notice, declaring its intent to sub -lease the Leased
Spaces; and
WHEREAS, one (1) unit within the Leased Spaces is addressed 101 Northwest 8th Street, Unit
100, Miami, Florida 33136 and is approximately 2,310 square feet ("Tenant Space"); and
WHEREAS, the SEOPW CRA received one (1) proposal for the Tenant Space; and
WHEREAS, TDG Sports & Entertainment, LLC, a Florida Limited Liability Company, with a
principal address at 8333 Northwest 53rd Avenue, Doral, Florida 33166 ("TDG"), where it currently
operates its event planning and floral design business, submitted the only proposal for the Tenant Space
and seeks to relocate its business to expand its operations; and
WHEREAS, TDG has requested assistance with tenant improvements of the Tenant Space, if
awarded; and
City of Miami Page 2 of 4 File ID: 17792 (Revision: A) Printed on: 9/16/2025
File ID: 17792 Enactment Number: CRA-R-25-0034
WHEREAS, on April 22, 2025, the Board of Commissioners, adopted Resolution No. CRA-R-
25-0021, which established the Tenant Improvement Grant Initiative, which allocated a total amount not
to exceed One Million Three Hundred Ninety Thousand Dollars and Zero Cents ($1,390,000.00), to
provide tenant improvement grants for prospective SEOPW CRA tenants at the Premises; and
WHEREAS, the Executive Director seeks to negotiate and execute a Sub -lease Agreement ("Sub-
lease") with TDG, for an initial three (3) year term, at a total base rent of One Dollar and Zero Cents
($1.00) per square foot annually, plus the proportionate share of real estate taxes, insurance and common
area maintenance (CAM) charges, with option to renew for a term of years not to exceed 2031, including
any and all documents necessary, all -in forms acceptable to Counsel, and award a grant, in an amount not
to exceed Two Hundred Thousand Dollars and Zero Cents ($200,000.00) ("Funds"), subject to funding
availability, for tenant improvements at the Tenant Space ("Purpose"); and
WHEREAS, the SEOPW CRA has dutifully complied with Sections 163.380(2) and
163.380(3)(a) Florida Statutes; and
WHEREAS, the Board of Commissioners finds that authorizing this Resolution would further the
SEOPW CRA's redevelopment goals and objectives; and
WHEREAS, based on the recommendation and findings of the Executive Director, attached and
incorporated herein as Exhibit "A," it is in the SEOPW CRA's best interest for the Board of
Commissioners to authorize, by an affirmative four -fifths (4/5ths) vote, a waiver of competitive sealed
bidding procedures, pursuant to Sections 18-85 and 18-86 of the Code of the City of Miami, Florida, as
amended ("City Code"), as adopted by the SEOPW CRA, to allocate said Funds, subject to availability,
and to authorize the Executive Director to negotiate and execute the Sub -lease, including any and all
agreements necessary, all -in forms acceptable to Counsel, for said Purpose;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE
SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY:
Section 1. The recitals and findings contained in the Preamble to this Resolution are
adopted by reference and incorporated herein as if fully set forth in this Section.
Section 2. Pursuant to Sections 18-85 and 18-86 of the City Code, as adopted by the
SEOPW CRA, by a four -fifths (4/5th) affirmative vote, after an advertised public hearing, the Executive
Director's recommendation and written findings, attached and incorporated herein as Exhibit "A," that
competitive negotiation methods and procedures are not practicable or advantageous to the SEOPW CRA,
and waiving the requirements for said procedures are hereby ratified, approved, and confirmed.
Section 3. The Executive Director is hereby authorized to disburse the Funds, at his
discretion, on a reimbursement basis or directly to vendors, upon presentation of invoices and satisfactory
documentation, subject to the availability of funding and the Tenant Improvement Grant is hereby
authorized for the Purpose stated herein.
Section 4. Pursuant to Sections 163.370 and 163.380 Florida Statutes, TDG is hereby
selected as the sole proposer of the Tenant Space.
Section 5. The Executive Director is hereby authorized to negotiate and execute a Tenant
Improvement Grant agreement and Sub -lease, for an initial three (3) year term, at a total base rent of One
Dollar and Zero Cents ($1.00) per square foot annually, plus the proportionate share of real estate taxes,
insurance and common area maintenance (CAM) charges, with option to renew for a term of years not to
City of Miami Page 3 of 4 File ID: 17792 (Revision: A) Printed on: 9/16/2025
File ID: 17792 Enactment Number: CRA-R-25-0034
exceed 2031, including any and all documents necessary, all -in forms acceptable to Counsel, with TDG
for the Purpose stated herein.
Section 6. Sections of this Resolution may be renumbered or re -lettered and corrections of
typographical errors which do not affect the intent may be authorized by the Executive Director, or the
Executive Director's designee, without need of public hearing, by filing a corrected copy of the same with
the City Clerk.
Section 7. This Resolution shall become effective immediately upon its adoption.
APPROVED AS TO FORM AND LEGAL SUFFICIENCY:
yitsega-TNEEDwprrernounsel 7/9/2025 a Br ounsel 6/17/2025
City of Miami Page 4 of 4 File ID: 17792 (Revision: A) Printed on: 9/16/2025