BIE - R-PSA4 HEIGHT INCENTIVE FOR CONVERSION FROM HOTEL TO RESIDENTIAL (11/5/2024)M IAM I BEACH
City of Miami Beach,1700 Convention Center Drive,Miami Beach,Florida 33139,www.miamibeachfl.gov
TO:Mayor Steven Meiner and Members of the City Commission
FROM:Eric Carpenter,City Manager JtA.J_~Jt!.
MEETING DATE:November 20,2024
SUBJECT:BUSINESS IMPACT ESTIMATE
R-PSA4 HEIGHT INCENTIVE FOR CONVERSION FROM HOTEL TO RESIDENTIAL
USE
AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH,
FLORIDA,AMENDING THE RESILIENCY CODE OF THE CITY OF MIAMI BEACH,AT
CHAPTER 7,"ZONING DISTRICTS AND REGULATIONS,"ARTICLE II,"DISTRICT
REGULATIONS,"AT DIVISION 15,"PERFORMANCE STANDARD DISTRICT (PS),"SECTION
7.2.15.2,"RESIDENTIAL PERFORMANCE STANDARD DISTRICTS (R-PS),"TO PROVIDE
HEIGHT INCENTIVES TO ENCOURAGE THE REDEVELOPMENT OF HOTELS ON
PROPERTIES ZONED R-PS4 INTO RESIDENTIAL STRUCTURES BY PROVIDING SUCH
PROPERTIES WITH A HEIGHT BONUS IF THE APPLICANT VOLUNTARILY COVENANTS
THAT NO TRANSIENT USES OR SHORT-TERM RENTALS SHALL BE PERMITTED ON THE
PROPERTY;AND PROVIDING FOR CODIFICATION,REPEALER,SEVERABILITY,AND AN
EFFECTIVE DATE.
Is a Business Impact Estimate Required?
;Yes □No (If no,please check one of the boxes below)
If one or more boxes are checked below,this means the City of Miami Beach has
determined that a Business Impact Estimate for the above-referenced Ordinance is not
required by State law.
□The proposed Ordinance is required for compliance with Federal or State law or
regulation;□The proposed Ordinance relates to the issuance or refinancing of debt;□The proposed Ordinance relates to the adoption of budgets or budget
amendments,including revenue sources necessary to fund the budget;□The proposed Ordinance is required to implement a contract or an agreement,
including,but not limited to,any Federal,State,local,or private grant or other
financial assistance accepted by the City;□The proposed Ordinance is an emergency ordinance;□The Ordinance relates to procurement;or□The proposed Ordinance is enacted to implement the following:
a.Private applications for comprehensive plan amendments and land
development regulation amendments;
Business Impact Estimate
Page 2
b.Development orders,development permits,and development agreements;
c.Sections 190.005 and 190.046,Florida Statutes,regarding community
development districts;
d.Section 553.73,Florida Statutes,relating to the Florida Building Code;or
e.Section 633.202,Florida Statutes,relating to the Florida Fire Prevention Code.
If none of the above exceptions apply,this Business Impact Estimate is hereby provided
in accordance with Section 166.041 (4),Florida Statutes.
1.Summary
A summary of the proposed Ordinance and its purpose is more fully set forth in the
Commission Memorandum accompanying the Ordinance,as well as in the recitals
to the Ordinance itself,which are attached hereto.
2.An estimate of the direct economic impact of the proposed Ordinance on private,for-
profit businesses in the City of Miami Beach,if any:
(a)An estimate of direct compliance costs that businesses may reasonably incur;
The proposed ordinance does not apply to existing,legally established
businesses.
(b)Any new charge or fee imposed by the proposed Ordinance or for which businesses
will be financially responsible;
The proposed ordinance does not apply to existing,legally established
businesses.
(c)An estimate of the City's regulatory costs,including estimated revenues from any new
charges or fees to cover such costs.
The proposed ordinance would generate no more than nominal additional
regulatory costs,which may be associated with administration activities by
applicable City departments.
3.Good faith estimate of the number of businesses likely to be impacted by the proposed
Ordinance:
The proposed ordinance does not apply to existing,legally established
businesses.
,4.Additional comments: