Resolution 2023-32558RESOLUTION _NO.; 2023-32558.%-
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, ACCEPTING FOR CONSIDERATION AN
UNSOLICITED PROPOSAL, PURSUANT TO SECTION 255.065 OF THE
FLORIDA STATUTES, FOR THE DEVELOPMENT OF A MIXED -USE PROJECT
CONTAINING GROUND FLOOR RETAIL SPACE, CLASS A OFFICE SPACE,
AND A PARKING GARAGE, PROPOSED TO BE DEVELOPED AT A CITY -
OWNED SURFACE PARKING LOT LOCATED AT 1262 COLLINS AVENUE
(P16); AND FURTHER, DELEGATING TO THE CITY MANAGER THE
AUTHORITY TO ISSUE A REQUEST FOR PROPOSALS, SEEKING
ALTERNATIVE PROPOSALS IN ACCORDANCE WITH FLA. STAT. 255.065,
AND REQUESTING THAT THE CITY MANAGER TRANSMIT THE FINAL RFP
TO THE CITY COMMISSION VIA A LETTER TO COMMISSION UPON
ISSUANCE THEREOF.
WHEREAS, on or around October 1, 2021, Location Ventures, LLC ("LV') submitted an
unsolicited proposal (the "Unsolicited Proposal") to develop a mixed -use project, including ground
floor retail space, office space and a parking garage at the City -owned parking lot located at 1262
Collins Avenue ("Parking Lot P16"); and
WHEREAS, at the City Commission meeting on October 13, 2021, Commissioner Ricky
Arriola referred a discussion item to the Finance and Economic Resiliency Committee ("FERC")
pertaining to the Unsolicited Proposal; and
WHEREAS, the item was ultimately discussed at the April 19, 2022 FERC meeting; and
WHEREAS, the Administration recommended that if the FERC determined that the
development of Parking Lot P16 would be beneficial to the City's economic interests, the formal
competitive bidding process set forth in Section 82-39(a) of the City Code be followed; and
WHEREAS, at the April 19, 2022 meeting, the FERC directed LV to: (i) explore whether
neighboring businesses supported the Project, (ii) improve the economic terms for the City, and
(iii) submit optional concepts to compare multi -level, offices to the initial proposal consisting of a
single floor of office space; and
WHEREAS, as a result of the direction provided by FERC, LV submitted to the
Administration a revised proposal; and
WHEREAS, at its November 14, 2022, the FERC considered the revised proposal and
referred the item with a recommendation that the Administration publish notice, as required
pursuant to Section 255.065 of the Florida Statutes, requesting other proposals for a period of up
to sixty (60) days; and
WHEREAS, LV's proposal requested approval of a height increase to 90 feet which would
require an amendment to the Land Development Regulations ("LDRs"); and
WHEREAS, there are four (4) municipal lots/garages in or near the Art Deco Cultural
District (the "ADCD"): the G1 garage located at 200 7th Street (i.e., 7th Street and Collins Avenue),
with 646 spaces, a garage on 12th Street and Washington Avenue (G2), a garage on 13th Street
and Collins Avenue (G3) and the Anchor Garage, located at 16th Street between Washington
Avenue and Collins Avenue; and
WHEREAS, up to 70% of spaces at the Anchor Garage are to be available, upon request
from the St. Moritz Hotel Corporation (operator of The Loews and Royal'Palm Hotels), for use by
their valet operator, significantly reducing the number of parking spaces available to the public at
the Anchor Garage; and
WHEREAS, on July 6, 2022, Ballet Valet Parking Company, LTD ("BV"), the developer
that constructed and developed the G1 garage (located at 200 7th Street, a/k/a 7th Street and
Collins Avenue), communicated via email to the City Manager its interest to accelerate its option
to purchase the G1 garage pursuant to a. purchase option granted by the City to BV in that certain
Acquisition, Construction and Development Agreement dated June 6, 1994 between the City, BV
and McCarthy Brothers Company; and
WHEREAS, if the City declines BV's request to accelerate its purchase option, BV will
nevertheless have the right to exercise the option in [February] 2026; and
WHEREAS, once BV exercises its right to purchase the G1 garage and converts it into a
private parking facility or redevelops the property, the number of municipal spaces in the South
Beach area will be reduced by 646 spaces, leaving residents and visitors with limited options and
requiring them to park in higher -priced, private parking lots and garages; and
WHEREAS, the Administration has recommended that the current and future parking
needs in the area be taken into account in making any decision relating to the Unsolicited
Proposal, any new proposal by LV and/or any new proposals received pursuant to any competitive
bidding process; and
WHEREAS, the Master Parking Resolution (Resolution No. 2010-27491) imposes certain
restrictions on the sale or leasing of assets that form part of the Parking System, including Parking
Lot P16; and
WHEREAS, if the Commission wishes to lease Parking Lot P16 for development, an
analysis would be required to determine whether this could be accomplished in compliance with
the Master Parking Resolution; and
WHEREAS, consideration would also. need to be given to the impact of a lease of Parking
Lot P16 on the current Parking Revenue Bond Covenant; and
WHEREAS, the Commission desires to initiate a competitive procurement process, in
accordance with Section 255.065, Florida Statutes, providing other parties a period of ninety (90)
days to submit proposals for a project on the P16 Parking Lot that (a) must include replacement
public parking of not less fifty (50) spaces and (b) may include workforce housing, Class A office
space and/or retail space; and
WHEREAS, the Request for Proposals ("RFP") should indicate that the City Commission
will consider amendments to the LDRs that would be necessary for any project presented by a
proposer, provided that approval of any such amendments would be in the Commissions sole and
absolute discretion; and
WHEREAS, the RFP must require proposers to specify the parking rates they will charge
for public parking; and
WHEREAS, each proposer may submit a single proposal; and
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WHEREAS, LV may submit a revised or entirely new, proposal pursuant to the RFP,
provided, in such case, LV's original proposal would be deemed to have been withdrawn and not
further considered; and
WHEREAS, the RFP process to be implemented is not intended to bind the City to
proceed with any project on Parking Lot P16 and is only a means for receiving competitive
proposals for comparative purposes; and
WHEREAS, the Commission desires to delegate authority to the City Manager to approve
the RFP prior to issuance, provided that the City Manager shall issue a Letter to Commission to
provide a status reports upon issuance of the RFP.
NOW, THEREFORE, BE IT DULY. RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA that the Mayor and City Commission
accept for consideration an unsolicited proposal, pursuant to Section 255.065 of the Florida
Statutes, for the development of a mixed -use project containing ground floor retail space, class A
office space, and a parking garage, proposed to be developed at a City -owned surface parking
lot located at 1262 Collins Avenue (P16); and further, delegate to the City Manager the authority
to issue a Request for Proposals (RFP), seeking alternative proposals in accordance with Fla.
Stat. 255.065, and request that the City Manager transmit the final RFP to the City Commission
via a Letter to Commission upon issuance thereof.
PASSED and ADOPTED this day of �e�rr�Gr y , 2023.
ATTEST:
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Rafael E. ranado, City CI k
Dan Gelber, Mayor
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APPROVED AS TO
FORM & LANGUAGE
& FOR EXECUTION
City Attorney Date