HomeMy WebLinkAbout19143 Master ReportSoutheast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number:
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
File Number: 19143
Revision:
File Type: CRA Resolution Status: WITHDRAWN
Controlling Body: Southeast
Overtown/Park West CRA
File Name: 4/5th Vote: Grant to Sixth Street Miami Partners, Introduced: 4/2/2026
LLC
Requesting Dept: Southeast Overtown/Park West CRA Final Action Date: 4/9/2026
Title: 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/STHS) AFFIRMATIVE VOTE,
AFTER AN ADVERTISED PUBLIC HEARING, RATIFYING, APPROVING, AND
CONFIRMING THE EXECUTIVE DIRECTOR'S RECOMMENDATION AND FINDING,
ATTACHED AND INCORPORATED HEREIN AS EXHIBIT "A," THAT COMPETITIVE
NEGOTIATION METHODS AND PROCEDURES ARE NOT PRACTICABLE OR
ADVANTAGEOUS, PURSUANT TO SECTION(S) 18-85 AND 18-86 OF THE CODE OF
THE CITY OF MIAMI, FLORIDA, AS AMENDED ("CITY CODE'), AS ADOPTED BY THE
SEOPW CRA, AND WAIVING SAID PROCEDURES, AWARDING A GRANT, IN AN
AMOUNT NOT TO EXCEED THREE MILLION FIVE HUNDRED THOUSAND DOLLARS
AND ZERO CENTS ($3,500,000.00) ("FUNDS"), TO SIXTH STREET MIAMI PARTNERS
LLC, A FOREIGN LIMITED LIABILITY COMPANY AUTHORIZED TO CONDUCT
BUSINESS IN THE STATE OF FLORIDA ("GRANTEE"), WITH A PRINCIPAL ADDRESS
AT 2200 BISCAYNE BOULEVARD, MIAMI, FLORIDA 33137, TO UNDERWRITE
COSTS ASSOCIATED WITH THE CONSTRUCTION BUILD -OUT AND DEVELOPMENT
OF THE "FREEDOM CENTER" AT GALE MIAMI HOTEL (FOLIO NO: 01-0105-090-
2160), GENERALLY LOCATED AT 159 NORTHEAST 6TH STREET, MIAMI, FLORIDA
33132 ("PROPERTY") ("PURPOSE"); AUTHORIZING THE EXECUTIVE DIRECTOR TO
DISBURSE 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,
FROM THE CORRESPONDING ACCOUNT NO. 10050.920101.883000.0000.00000
"OTHER GRANTS AND AIDS"; FURTHER AUTHORIZING THE EXECUTIVE
DIRECTOR TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS
NECESSARY, ALL IN FORMS ACCEPTABLE TO COUNSEL, INCLUDING, BUT NOT
LIMITED TO, A RESTRICTIVE COVENANT TO BE RECORDED IN THE PUBLIC
RECORDS OF MIAMI-DADE COUNTY, FLORIDA, FOR SAID PURPOSE; PROVIDING
FOR THE INCORPORATION OF RECITALS AND AN EFFECTIVE DATE.
Notes:
Links:
Attachments: File # 19143 - Exhibit A (PDF)
File # 19143 - Backup (PDF)
File # 19143 - Notice To The Public (PDF)
History of Legislative File:
City of Miami Page 1 of 2 Printed on: 4/28/2026
Southeast Overtown/Park West
Community Redevelopment Agency
Master Report
Enactment Number:
819 NW 2nd Ave
3rd Floor
Miami, FL 33136
http://miamicra.com
Revision: Acting Body:
Date:
Action:
Result:
City Clerk's Office
Miguel A Valentin
James McQueen
Vincent T. Brown
4/2/2026
4/2/2026
4/2/2026
Southeast Overtown/Park 4/9/2026
West CRA
Southeast Overtown/Park 4/9/2026
West CRA
Rendered
Finance Review
Department Head Review
Approved to Form and Legal
Sufficiency
Meeting
WITHDRAWN
Pending
Completed
Completed
Completed
Completed
Passed
City of Miami Page 2 of 2 Printed on: 4/28/2026