206-2001 LTC
CITY OF MIAMI BEACH
Office of the City Manager
Letter to Commission No, ,.,pC~' ,2tJ~/
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To:
Honorable Mayor and
Members of the City Commission
Date: September 6, 2001
From:
Jorge M, Gonzalez
City Manager
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Subject: STATUS REPORT ON PRIVATE-PUBLIC DEVELOPMENT PROJECTS
The purpose of this memorandum is to provide you with a status report on the public-
private development projects approved during the last two years.
THE LINCOLN
Project Description:
Developerrrenant:
Principals:
Status:
Duration:
Completion:
LINCOLN PLACE
Project Description:
Developerrrenant:
Principals:
Status:
1635-1685 Michigan Avenue
711 space garage
34,510 sf retail
106,000 sf office
Lincoln Plaza Partners LLC
49% - Scott Robins
49% - R. Donahue Peebles
2% - Michael Milberg
Foundation is substantially complete,
. Building Permit 06/25/01
. Demolition Permit 03/19/01
. ORB Extension 11/20/00
. ORB Approval 10/19/99
14 months
July 2002
1601 Washington Avenue
550+ space garage (originally 604 space garage)
43,424+ sf retail
111,975 sf office (60,000 sf leased to LNR)
16th Street Partners LLC
50% - affiliate of the Comras Company of Florida, Inc.
50% - affiliate of LNR Partners, Inc,
Shell of building is substantially complete, Elevator shafts
under installation,
,
September 20, 2001
Private-Public Development Projects
Page 2 of 3
LINCOLN PLACE
Status (cont'd):
Duration:
Completion:
10th STREET GARAGE
Project Description:
Developer/T enant:
Principals:
Status:
Duration:
Completion:
LENOXl1T" STREET
Project Description:
Status:
nod STREET
Project Description:
1601 Washington Avenue
. Building Pemit OS/20/2000
. ZBA Approval 12/03/99
. DRB Approval 12114/99
18 months
February 2002
1027.1041 Collins Avenue
350 spaces garage
Not to exceed 5,000 sf retail
Park One dba Pelican Development LLC
60% - Gravier Development, LLC
(Wayne C, Ducote 50%; David L. Ducote 50%)
20% - Soeur et Frere, Inc.
(Suzette A, Ducote 50%; Chapman C. Ducote 50%)
20% - Mako Capital, L.L.C.
(Suzette A. Ducote - 100%)
Foundation under construction
. Foundation Permit 06/20/2001
. DRB Approval 12/14/99
. ZBA Approval for Height Variance 12/03/99
12 months
July 2002
Rent commences 9/30/01
Contract specifies completion no later than
12/31/01 without forfeiture of security deposit
and Delay Payments of $3,000 per month
commencing on February 1, 2002.
Public Parking Facility with Office and Retail
On hold pending completion of The Lincoln project.
Development of the area bounded on the North
by 73rd Street and on the South by 72nd
Street, Collins Ave on the East and Harding
Ave on the West
.'
September 20, 2001
Commission Memorandum
Private-Public Development Projects
Page 3 of 3
720d STREET
Status (cont'd):
DeveloperlT enant:
JMG\MC\SEK\rar
F:\CMGR\$ALL\R.t.R\LTC\Prtwte-PubIc Develop Pro] REIpOr1.doc
Attachment
The Related Group (TRG)
Concept in Development
. Public Visioning Charrettes on
06/07/01 and 06/25/01
. Planning Department Charrette on
06/08/08
. Meetings with Community and NBDC in
07/01 through 10/01
. DRB Preliminary Presentation 09/14/01
. Planning Board 09/25/01
. Development Agreement and Ground
Lease Agreement to be presented in
November 2001 to Mayor and City
Commission
Public-Private Development Projects
September 6, 2001
PARK ONE
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2
Public-Private Development Projects
September 6, 2001
THE LINCOLN
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3
Public-Private Development Pro,jects
September 6, 2001
LINCOLN PLACE
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