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HomeMy WebLinkAboutExhibit BE4 1ABRU( Building the Next Generation of Communities MABRUK USA LLC 801 NE 167th St, Suite 306 North Miami Beach, FL 33162 WWW.MABRUKINVESTMENTS.COM TO: Arthur Noriega City Manager City of Miami 3500 Pan American Drive Miami, FL 33133 FROM: Nuri Dorra Mabruk USA LLC 801 NE 167th St, Suite 306 North Miami Beach, FL 33162 November 7, 2025 Re: Proposal for the Development of City -Owned Land at 1251 SW 7th Street (Folio No. 01-4102-011-0370) — Little Havana Introduction and Overview Dear Mr. Noriega: On behalf of Mabruk USA LLC, we are pleased to submit this Proposal pursuant to Section 29-B ("City -owned property sale or lease") of the City of Miami Code of Ordinances, for the development of the City -owned parcel located at 1251 SW 7th Street (Folio No. 01-4102-011-0370), one block north of the renowned Calle Ocho corridor in Little Havana. Because this project is intended to benefit persons and households of low and moderate income, it qualifies under Section 29-B, Second Paragraph, Subsection (a). This strategic location —at the intersection of culture, commerce, and community — presents an unparalleled opportunity to deliver high -quality attainable housing that honors Little Havana's heritage while addressing one of Miami's most urgent civic challenges: housing affordability. Mabruk USA proposes a 12-story mixed -use building with approximately 105 residential units totaling 78,025 square feet of rental area (unit mix: —32 one-bed/one-bath and —73 1ABiU( Building the Next Generation of Communities two-bed/two-bath), active ground -floor retail, and approximately four levels of structured parking. The active frontage will catalyze neighborhood vibrancy and provide new commercial opportunities for local businesses and entrepreneurs, while structured parking ensures convenience for residents and guests in this high -traffic corridor. The project's by -right zoning complies with Miami 21 and leverages provisions of the Live Local Act, which incentivize affordable and workforce housing in mixed -use, transit - accessible districts. The site enjoys excellent access to Metrobus routes, the City trolley system, and the Calle Ocho bicycle corridor, enabling residents to live sustainably and with reduced car dependency. The development features a robust affordability program: 100% of units restricted at 80% AMI. This serves essential workers and the "missing middle" workforce —teachers, police officers, nurses, firefighters, and service professionals —who are essential to the city's vitality yet increasingly priced out of proximate housing options. As part of this public -private partnership, Mabruk USA respectfully seeks from the City's $4,000,000 in economic support to facilitate development. In exchange, the project will deliver a landmark, all -affordable mixed -use building with ground -floor retail and high - quality amenities in one of Miami's most historic neighborhoods —directly advancing the City's housing goals. Mabruk USA LLC — Experience and Track Record Mabruk USA LLC develops, owns, and operates housing that pairs enduring design with measurable public benefit through HUD, the City of Miami and multiple other municipalities in Florida and nationally, Miami -Dade County, and tools such as HUD Section 221(d)(4), Live Local Act provisions, tax credits and Surtax amongst others. Our guiding principle is simple: Affordability without compromise —income -blind, design -forward housing that delivers everyday luxury, permanence, and belonging. We believe dignity and design should be standard features —regardless of income level. Representative projects include: a) Essence MIA(Under construction) — Completed/Planned: 8 stories; 88 units ranging 60-100% AMI;-50,000 SF habitable area. Financed with City of Miami funds and Miami - Dade County Surtax funds. E4 ABiU( Building the Next Generation of Communities b) Essence Palm Bay(Planning Phase) — In partnership with the City of Palm Bay: 250 units; one of the largest affordable -housing initiatives in Brevard County, advancing much - needed supply for working families. c) Camaguey Plaza(Completed) — Existing asset: 6-story, 35-unit rental apartment building in Miami. Built, owned, and managed by Mabruk USA LLC—demonstrating long- term stewardship and operational capacity. d) SkyGarden North Miami Beach(Planning Phase) — Pipeline: 351 units; 19 stories; 100% affordable at 80% AMI; to utilize Florida's Live Local Act and HUD Section 221(d)(4) financing —bringing scale, durability, and mixed -income design standards to a high-rise context. Together, these projects reflect Mabruk's vision to deliver high -quality attainable housing in Miami -Dade and across Florida —executed across the full lifecycle of development: completion, construction, and planning. Little Havana Project — Concept and Public Benefit The proposed Little Havana development extends Mabruk's proven approach to one of Miami's most culturally significant neighborhoods. It is a by -right, Live Local -compatible project that combines affordability, quality, and architectural integrity consistent with the area's history and scale. Key Features: • 12 stories of residential over activated ground -floor retail fronting SW 7th Street, one block from Calle Ocho. • 105 residential units (-32 1/1 and —73 2/2; 78,025 rentable SF total). • Approximately four (4) levels of structured parking to meet resident and visitor needs. • Affordability: 100% of units at 80% AMI. • Amenities: Solarium, gym, sauna, and meeting rooms —amenities comparable to market -rate properties to create a dignified, uplifting resident experience. • Mobility: Proximity to multiple public transit systems and the Calle Ocho bicycle corridor. • Design: A context -sensitive architectural vocabulary that celebrates Little Havana's cultural and historical identity. CCiMABRIK Buildino the Next Generation of Communities By delivering an all -affordable program within a walkable urban setting, the project will house the essential workforce —teachers, healthcare professionals, first responders, and hospitality and service employees —whose presence near jobs is central to Miami's economic and social vitality. The result is smart, sustainable growth that advances the City's affordability, mobility, and neighborhood -revitalization objectives. Conclusion This proposal reflects Mabruk USA LLC's commitment to combining design excellence with public purpose. Building on our track record —Essence MIA, Essence Palm Bay, Camaguey Plaza, and SkyGarden North Miami Beach —this project will bring a thoughtful, all -affordable mixed -use building to Little Havana while strengthening the corridor's commercial life and cultural identity. Pursuant to Section 29-B ("City -owned property sale or lease"), Second Paragraph, Subsection (a), Mabruk USA LLC respectfully requests (i) $4,000,000 in economic support to realize this vision. We would welcome the opportunity to meet with you and your team to discuss this proposal and to collaborate on delivering a project that sustains the City's people, economy, and culture. Respectfully, O Mabru 801 NE 167th St, Suite 306 North Miami Beach, FL 33162