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LTC 436-2020 (Revised) Convention Center Advisory Board MotionDocuSign Envelope ID: 6A4714BF-1EA3-4BE9-9DC4-98F3192EBBE3 MIAMI BEACH OFFICE OF THE CITY MANAGER NO. LTC # TO: FROM: DATE: SUBJECT: 436-2020 LETTER TO COMMISSION Mayor Dan Gelber and Members pf-the City Commission Jimmy L. Morales., ciy Mana@er [" December 3, 2020 Convention Center Advisory Board Motion The purpose of this letter to the Mayor and Commission is to provide an update regarding a motion made during the December 1, 2020 Convention Center Advisory Board ("CCAB") meeting: Motion to recommend that the Miami Beach City Commission direct the City Administration to provide regular updates on the status of the Convention Center Hotel (the "Hotel") from staff and the hotel developer to the City Commission and CCAB. Further to use all possible means to mitigate further delays in the pursuit of the building and completion of the Hotel to preserve and protect the economic viability of both the Miami Beach Convention Center and the City of Miami Beach and the businesses and residents that significantly rely on the visitors and expected revenue. The motion was made by Peter Matos, seconded by Lee Zimmerman, and approved unanimously. The purpose of the special CCAB meeting was to receive information on the current status of development of the Hotel by Terra Group. During the meeting, the CCAB also received a report, prepared and presented by the Greater Miami Convention and Visitor's Bureau ("GMCVB"), on the status and estimated economic impact of potential bookings and lost booking opportunities attributable to the Hotel. Lastly, the CCAB unanimous voted to thank David Martin, of the Terra Group, for his continuing efforts to complete the hotel. For more information, please contact Lissette Garcia Arrogante at LissetteGarciaArrogante@miamibeachfl.gov or x26597. cc: Marcia Monserrat, Chief of Staff, City Manager Lissette Garcia Arrogante, Director, Tourism and Culture Department GMCVB I MBCC Lost Due to Lack of HQ Hotel liii», „o. lnww"" MIAMI BEACH CONVENTION CENTER Potential Meetin s That Could Benefit from HQ Hotel at MBCC with Next O en Dates of 2023 and be ond Account Name Airline Passenger Experience Association (APEX) Alix Partners American Academy of Facial Plastic and Reconstructive Surgery American Academy of Otolaryngology - Head and Neck Surgery American Association For Laboratory Animal Science American Association of Nurse Practitioners (AANP) American College Of Obstetricians & Gynecologists (ACOG) American Educational Research Association American Medical Group Association American Montessori Society American Political Science Association (APSA) American Society for Parenteral and Enteral Nutrition (ASPEN) American Staffing Association ASM International Association for the Advancement of Medical Instrumentation (AAMI) Association for Unmanned Vehicle Systems International (AUVSI) Best Buy Company Inc Biophysical Society Cardiovascular Research Foundation Century 21 Crowd Strike FIS Global Hospitality Financial and Technology Professionals (HFTP) Infectious Diseases Society Of American {IOSA) International Trademark Association (INTA) Lucidworks Lead Name APEX Expo Global Team Meeting Annual Meeting AAO-HNSF Annual Meeting & Expo National Meeting AANP National Conference ACOG Annual Meeting AERA 2024 Annual Convention Annual Meeting 2024 Annual Convention 2023 Annual Meeting Annual Convention Staffing World International Thermal Spray Conference and Exhibition AAMI Exchange Xponential Annual Meeting Achievers 2023 Annual Transcatheter Cardiovascular Therapeutics Century 21 One 21 FalCon Leadership & Sales Kick-Off HITEC ID Week INTA Annual Meeting Lucidworks Activate Potential Meetings That Could Benefit from HQ Hotel at MBCC with Next Open Dates of 2023 and beyond Account Name PHP (People Helping People) Agency Sephora USA, Inc. Society of Critical Care Medicine (SCCM) Sprint (KS) Water Quality Association American Academy of Dermatology (AAD) American Association of Orthodontists Child Neurology Society The George P Johnson Company Council of State and Territorial Epidemiologists (CSTE) American Academy of Dermatology (AAD) Kofax American Association of Neurological Surgeons (AANS) American Heart Association Association For Financial Professionals Cisco IBM Americas Mcafee Million Dollar Round Table SAP Americas Risk & Insurance Management Society, Inc. (RIMS) LRP Publications Cardiovascular Research Fdt/ Transcatheter Cardiovascular Therapeutics (TCT) lnternatinal Association for Dental Research N American Association For The Study Of Obesity Amer Soc of Neurological Surgeons Lead Name National Conference Sephora Store Leadership Conference 2025 Annual Congress Sprint Business Sales Meeting WQA Convention & EXPO AAD Annual Meeting AAO Annual Session 49th Annual Child Neurology Society Meeting & 16th International Child Neurology Congress Cisco Partner Summit CSTE Annual Meeting AAD 2023 Annual Meeting Kofax Sales Kickoff 2025 Convention AHA Scientific Sessions AFP Annual Convention Cisco Partner Summit PWLC MPOWER MDRT Annual SAP America 2029 Annual Conference FETC Annual TCT 2026 Annual Meeting Annual Convention Annual Expo Grand Total EEi: $ Total Number of Meetings Listed: 286,603,316.68 55 //AAL ONVENT1ON 8 ORS BURFA Lost Due to Lack of Headquarter Hotel • Total Leads Lost: 40 • Average Attendance {Per Meeting): 4,612 • Average Peak Nights {Per Meeting): 2,734 • Total Room nights: 434,705 • Average Economic Impact: $4,704,584.54 • Total Economic Impact: $192,887,966.30 Some Hot Prospects UEDA st. iiliton., „os. liti" MIAMI BEACH CONVENTION CENTER Account Name Lead Name Meeting Dates Risk & Insurance Management Society, Inc. (RIMS) Annual Conference May 2029 LRP Publications FETC January 2026 Cardiovascular Research Foundation/Transcatheter Cardiovascular Therapeutics (TCT) Annual TCT International Association for Dental Research Annua I Meeting October 2026 March 2025