R7L-Negotiate With ATT For The Potential Purchase Of Air Rights For 6940 AbbottCOMMISSION ITEM SUMMARY
Condensed Title:
A Resolution Accepting The Recommendations Of The Finance And Citywide Projects Committee To
Schedule A North Beach Revitalization Plan City Commlssion Workshop And, Further Directing The
Administration To Begin Negotiations With At&T For The Potential Purchase Of Air Rights For 6940 Abbott
Avenue From At&T For Future Development Of A Parking Garage ln The North Beach Town Center.
lntended Outcome Su
Complete A Community Consensus Cohesive Master Plan For The North Beach Neighborhood
Supporting Data (Surveys, Environmental Scan, etc.) N/A
Item Summary/Recommendation :
The City was recently approached by a representative of AT&T regarding their interest in selling the air righta
to the property they own located at 6940 Abbot Avenue and staff has had preliminary discussions. AT&T has
expressed an interest in working with the City to use/re-use of the subject property. Attached is a property
detail report from the Property Appraiser's website. The lot size is approximately 25,000 square feet with an
assessed value of $1,465,865 and listed market value of $1,993,002. This property is located between Abbott
Avenue and Byron Avenue north of City Lot P-80 (lot adjacent to Prima Pasta) and City National Bank also
owns seven (7) parcels adjacent to this property.
lf the City were to proceed with AT&T, AT&T has a list of general requirements, which are included in the
attached memorandum.
The Finance and Citywide Projects Committee met on September 24, 2014 and discussed this item. The
Committee recommended the Administration schedule a North Beach Revitalization Plan Commission
Workshop and, further directing the administration to begin negotiations with AT&T for the potential purchase
of air rights for 6940 Abbott Avenue from AT&T for future development of a parking garage in the north beach
town center.
The Administration recommends the City Commission adopt the attached Resolution as recommended by the
Finance and Committee
The Finance and Citywide Projects Committee met on September 24, 2014 and discussed this item. The
Committee recommended the Administration schedule a North Beach Revitalization Plan Commission
Workshop and, further directing the administration to begin negotiations with AT&T for the potential purchase
of air rights for 6940 Abbott Avenue from AT&T for future development of a parking garage in the north beach
town center.
Financial lnformation:
Financial Impact Summary:
Max Sklar, ext. 6116
AGENDA mem EJ L
o^rE lo-L?-lqE MIAMIBEACH 518
b MIAMIBEACH
Cfi ol Mloml Beqch, 1700 Convenlion Cenler Drive, Miomi Beoch, Florido 33139, www.miomibeochfl.gov
MMISSION MEMORANDUM
To: Mayor Philip Levine and Members
FROM: Jimmy L. Morales, City Manager
DATE: October 22,2014
':*T
SUBJECT: A RESOLUTION OF THE MAYdR AND CITY COMMISSION OF THE CITY OF
MIAM! BEACH, FLORIDA, ACCEPTING THE RECOMMENDATIONS OF THE
FINANCE AND CITYWIDE PROJECTS COMMITTEE TO SCHEDULE A NORTH
BEAGH REVITALIZATION PLAN CITY COMMISSION WORKSHOP AND,
FURTHER DIRECTING THE ADMINISTRATION TO BEGIN NEGOTIATIONS WITH
AT&T FOR THE POTENTIAL PURCHASE OF AIR RIGHTS FOR 6940 ABBOTT
AVENUE FROM AT&T FOR FUTURE DEVELOPMENT OF A PARKING GARAGE tN
THE NORTH BEACH TOWN CENTER.
BACKGROUND
On December 10, 2008, the Mayor and City Commission adopted Resolution No. 2008-26960
approving the scope and authorizing the issuance of a Request for Letters of lnterest (RFLI) for
the development of public parking to serve two neighborhoods in North Beach, said areas
generally defined as the North Beach Town Center from 69 to 72 Street between Collins
Avenue and lndian Creek Drive/Dickens Avenue, and the Collins Avenue Commercial District
between 63 and 69 Street.
The Finance and Citywide Projects Committee, at its November 18, 2OO8 meeting, authorized
the Administration to once again approach City National Bank to explore a joint development
agreement or a land swap for one of the preferred parking garage sites identified in the North
Beach Town Center Plan (adopted July, 2007).ln addition, the Committee recommended that
the Administration should issue a Request for Letters of lnterest to identify alternative sites
and/or developers who may be interested in the construction of a parking garage project in the
area bounded by 72 Street, Collins Avenue, 63 Street and lndian Creek Drive/Dickens Avenue.
The Administration subsequently held numerous discussions with representatives from City
National Bank and the real estate broker who represents the bank. The talks ended becausi
City National was engaged in developing numerous new branch bank locations in new market
areas and were not ready to consider development proposals for the 71 Street properties.
On July 11, 2007, Mayor and City Commission adopted Resolution No. 2007-26000, adopting
the North Beach Town Center Plan as the official Neighborhood Plan for the area bounded by
73'd Street, the Atlantic Ocean, 69th Street and lndian ereek; and authorizing the Administrationto prepare draft legislation and capital improvement projects, as appropriate, to promote
implementation of the Plan. This was the culmination of a lengthy planning process that
included the following steps:
The concept for encouraging development of a "Town Center" for North Beach originated in a
three-day charrette in July 2001, which included visioning sessions for the 71 Streetiommercial
519
Commission Memorandum
October 22, 2014
Accepting Finance and Citywide Projects Committee Recommendation
6940 Abbott Avenue and North Beach Workship
Page 2 of 4
corridor and the 72nd Street parking lot. The residents' priorities for a successful Town Center
included a variety of cultural activities, outdoor gathering places and expanded retail offerings.
ln a follow-up workshop in December 2003, participants strongly supported the idea of providing
parking as an incentive to attract development to the Town Center.
The City of Miami Beach Parking Study, completed by Walker Parking Associates, lnc. in 2004,
identified a demand for up to 964 for additional parking spaces by 2008 and 1,312 spaces by
2013 in the North Beach Town Center area, and confirmed the feasibility of a city-owned
parking structure on one of several alternative sites in the Town Center area. The highest
ranking sites each included land owned by the City and land owned by City National Bank.
Subsequently, the Administration and the consultant conducted further analysis of potential sites
for a parking garage and added a site located at 6600 Collins Avenue, which is outside of the
Town Center. lt is important to note that the City has retained Walking Parking Associates
again to update the 2004 parking study and the City anticipates having the updated data in time
for the Committee discussion.
On June 8, 2005, the Mayor and City Commission accepted the report of the Finance and
Citywide Projects Commission Committee concerning the Parking System Proposed Capital
Budget, instructing the Administration to hold discussions with City National Bank to swap land
for a parking structure in the North Beach Town Center. The Administration held several
meetings with representatives from City National Bank, who expressed some limited interest in
the project, but negotiations stalled.
The Planning Department presented the 2007 update of the North Beach Town Center Plan at a
community workshop on April 25, 2007, attended by nearly 100 persons. On May 22,2007, the
Planning Board held a public hearing and unanimously adopted a resolution recommending to
the Mayor and City Commission that they adopt the North Beach Town Center Plan as the
official Neighborhood Plan for the area bounded by 73'd Street, the Atlantic Ocean, 69th Street
and lndian Creek; and that they authorize the Administration to prepare draft legislation and
capital improvement projects as appropriate to promote implementation of the Plan.
On June 11,2007, the Land Use and Development Committee held a public discussion of the
North Beach Town Center Plan and voted 2-0 to recommend the Plan to the full Commission,
with the understanding that any amendments to the Land Development Regulations will be
reviewed by the Committee and the Commission prior to referral to the Planning Board. The
Committee stipulated that proposed amendments to the parking regulations, intended to provide
incentives for new private sector development in the Town Center, should be contingent on
construction of sufficient public parking.
Again in 2010, the City issued an RFLI seeking letters of interest for a mixed-use project with
parking, retail and office space that would act as a catalyst for further redevelopment in North
Beach. The City received eleven (1 1) responses to the RFLI and several were specifically for
Town Center, but chose not to proceed with the RFLI.
ANALYSIS
As previously stated, the 2004 Walker Parking study identified a demand for up to g64 for
additional parking spaces by2008 and 1,312 spaces by2013 in the North Beach Town Center
area. Again, the Walker Parking Study is currently being updated, but it will be important for the
City to seek opportunities to construct significant parking structures in this area. The best
We are commitled to providinq excellent public servjce ond sofe\ lo oll who iive work ond ploy in our vibronf . fropical hisloric communif/
520
Commission Memorandum
October 22, 2014
Accepting Finance and Citywide Projects Committee Recommendation
6940 Abbott Avenue and North Beach Workship
Page 3 of 4
opportunities for such construction will be for the City to partner with property owners adjacentto existing City parking lots. Such partnership would provide sufficient space for parking
structures given the area needs of such facilities and will allow retail or other activation of the
ground floor. Such retail activation will insure an unobstructed visual experience for pedestrians
and passing motorists.
The highest likelihood for a partnership would be in the Town Center/71st Street Corridor area.
The potential is high here as City National Bank owns a number of developable/redevelopable
lots in this area, many of which are adjacent to existing city surface parking lots. lf and when
these lots are sold, the buyer(s) will want to maximize the development potential of each lot. lf
they can partner with the City to provide parking for their projects in a new parking structure
rather than on-site, and if the City can realize a net gain in public parking spaces after
accounting for additional need due to the new development, such partnerships will make sense
and will most likely come to fruition.
The City was recently approached by a representative of AT&T regarding their interest in sellingthe air rights to the property they own located at 6940 Abbot Avenue and staff has had
preliminary discussions. AT&T has expressed an interest in working with the City to use/re-useof the subject property. Attached is a property detail report from the Property Appraiser's
website. The lot size is approximately 25,000 square feet with an assessed vaiue of $i,+OS,AOSand listed market value of $1,993,002. This property is located between Abbott Avenue and
Byron Avenue north of City Lot P-80 (lot adjacent to Prima Pasta) and City National Bank also
owns seven (7) parcels adjacent to this property.
lf the City were to proceed with AT&T, the following is a list of general requirements, subject to
AT&T approval and prior to any negotiation between the city and AT&T:
. t1,000 sq. ft. of office space containing bathrooms, lounge area, and inside storage.. t500 sq. ft. of outside storage.. Secured perimeter with a fence height of no less than 6, - 0,,.. 50 parking spaces (10'x 20').. lngress and egress from Abbott Avenue and Byron Avenue; likely to maintain one-way in
and one-way out of the site as presenily used.. Clear height above drive areas to be a minimum of 13,-
of various types.
10" to permit company vehicles
. 24-hour access for deliveries to the facility by outside vendors having AT&T security
access.. lce machine and water for the technicians.. Approved location for an above ground concrete pad mounted small Nitrogen tank. AT&T's future use cannot be changed, modified, curtailed, or hindered in any way to that
which exists now.. AT&T's Service Operations Center (SOC) operation would have to be moved to a
Temporary Location owned or controlled by the City of Miami Beach in close proximity to
the Subject property in order to continue uninterrupted service to its customers.. A Term sheet would need to include language detailing the construction schedule (Time-ln/Time Out), conditions of the use of the Temporary Location, and
restoration/construction of the SOC improvements to their originai and/or agreed to
condition before construction activities commenced.. The value of AT&T's property/air rights and sale price to the City would be established
by MAI appraisal(s) as established and agreed to between the parties.
We ore commitled to providing excellenl public servrce ond sofety to oll who live work. and ploy in our vibrant tropicol . historic communil,/
521
Commission Memorandum
October 22,2014
Accepting Finance and Citywide Projects Commiltee Recommendation
6940 Abbott Avenue and North Beach Workship
Page 4 of 4
. The City of Miami Beach would be responsible for the cost of legal, hearings, variances,
permits, surveys, and construction costs, related to the City's new project and costs to
restore the SOC.. AT&T would have to approve the use contemplated by the City above the SOC.. Finally, AT&T would need to have a separate folio # and separate tax bill for the
unencumbered ground floor area with little to no maintenance responsibilities for the
construction contemplated above the SOC.
Construction costs for a garage are estimated at $27,000 per parking space for traditionalparking without land costs. There is a possibility for cost sharing in any of the potential
scenarios. Total estimated cost for a 500 space garage is $13.5 million.
FINANCE AND CITYWIDE PROJECTS COMMITTEE
The Finance and Citywide Projects Committee met on September 24, 2014 and discussed thisitem. The Committee recommended the Administration schedule a North Beach Revitalization
Plan Commission Workshop and, further directing the administration to begin negotiations with
AT&T for the potential purchase of air rights for 6940 Abbott Avenue trom nfaf for future
development of a parking garage in the north beach town center.
CONCLUS!ON
The Administration recommends the City Commission adopt the attached Resolution as
recon/Tended by the Finance and Citywide projects Committee.
lr-rra:rtrEp:uns
T:\AGENDA\2014\Oclober\TCED\Accpt FCWPC Recomm ATT Lot and North Beach Workshop MEMO.docx
We ore commilted to providing excellenl public service ond sofenT n oll who live, work, and ploy in t:ur vibronl tropicol htstortc community
522
Property Search Application - Miami-Dade County
ffioFFt GE OF THE PHOPERTY APPRAISEH
etailed Report
Property lntormauon
Follo:c2-321 1-001-0590
Propcrty Addrcrs:6940 ABBOTT AVE
Orvner
SOUTHERN BELL TEL & TEL CO
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Irlalllng Addrese PO BOX 7207
EEDMINSTER, NJ 07921
Prlmary Zone 39OO MULTI.FAMILY - 38{2 U/A
Prlmery Land tJse 9163 UTILITY: UTILIW
Bcds/Baths/Half l/0/0
Floors 1
Llvlng Unltr
Ac{uel Area iq.Ft
Livlng Aroa 3q.Ft
ldlBtod Area 1,733 Sq.Ft
-ot Slzo 25,000 Sq.Ft
fear Bullt r967
Arsessment lnformatlon
Year 2014 20't 3 2012
L.nd Value $1,875,00C $1.212.500 $1,125,000
Bulldlng Value $74,184 $75,s08 $87,405
XFValr $43,E18 $44,597 t57,048
tartct Value $1,993,002 $1,332,60!s1,269,4tr1
Arscrs.d Valu€$1,'165,865 $1,332,60f s1,269,453
BsnenE lnformadon
Bcncfit Type 2014 2013 2012
]{on+lomestead Cap Ass6ssment Reduction i527,137
Nolc: l,lot all benefits are applicable to allTaxable Values (i.e. County,
School Board, City, Regional).
Th! Ofi6 of thc Prcperty Appraiser is continually editing and updatng 0ra tax roll. This weUgte rnay not reiecl the most qrnsnt lnfDrmatlon on rq69rd. Tt.. propcrty
Appraisor and Miami-Dade County &sumes no ll.bility, s€e full di6dalmer and User Agreement at hto:rwww.miamidade,oorinb/disdaifirer.aso
Vrrsion:
Page 1 of5
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fi# OFFICE OF THE PROPERTY APPRAISER
Page 2 of 5
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Prop€rty lnformatlon
Follo: 02-321't-001 -0590
PropcrtyAddrsgs: 6940ABBOTTAVE
The Ofice orthe Prop€tty Appraiser is continually ediling and updating the tax mll. This website may not ref,ecl fre rnost qrrrent in ormation on record. Tho property
Appra,scr and Miarni-Dade Conty assumes no lialifity, sea full disclaimer and User Aoreement d htio:r^fi,w.miamidade.oo\rnnb/disclaimer.aso
Version:
Roll Year 2014 Land, Building and Extra-Feature Details
lnformaUon
-rnd Usc Muni Zone PAZone Unit Type Units Calc Value
3ENERAL RM.I 3900 SquaE Ft.2s,000.00 $1,875.000
lnformaton
Building Number Sub Area Ycar Built Acbal Sg.Ft LivirB Sq.Ft.Adj sq.Ft Calc Value
I 1 ,957 t.733 $74,18'l
E:rbe Featurcs
Description Year Built Unitr Calc Value
Chain{ink Fence 6-7 lt high 1973 50 $341
Pavlng - Asphalt 1 968 12,s00 $r0,68E
Concrctc Louvcr Fenca 1 968 350 3r.197
CcntA/C - Comm (Aprox 300 sqfi/Ton)1 967 7.5 s6.300
Concrcte Louver Fence '1967 675 s2,268
Conctete Louvcr Fence 1967 1,720 $5,779
Paving - Asphalt 't967 20,530 $'17,24s
http ://www.miamidade. gov/propertysearch/08128n0t4
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Prope[LSearch Application - Miami-Dade County page 3 of 5
ffi 0FFlcE 0F THE PR0PERTY APPRATSER
Generaled On : 8ngl20't.
Propefi lnlormatlon
Follo: 02-321'l -00'l -0590
Propery Addrrsr: 6940ABBOTTAVE
Thc Offe of tlc Property Appraiscr i! conlinualv editing and updaling the tax roll. This webgita may not reffcc't th€ mo€t qjncnl information on re@rd. Tha property
Appraiser and Miami-Oade County alsum63 no liability, see full disdaimer and Us€I Agreemont at htp:/Art \,rv.mbmidade.oov/inic/dEclaimer.a8p
Version:
Roll Year 2013 Land, Building and Extra-Feature Details
[-and lnformatlon
Land Usc Muni Zone PA Zonc Unit Typc Unib Calc Value
GENERAL RM.1 3900 Square Ft.25,(x)0.00 E1,875,000
lnformalion
Building Number Sub Area Year Built Adual Sq.Ft.LivinE Sq.Ft.AdjSq.Ft.CalcValue
I 1 1967 1.733 s75,508
Featurgs
Descrlption Year Built UnG CalcValue
Chaln-link Fenc€ G7 tt high 1973 50 33i11
Paving - Asphalt 1968 12.500 $10.688
Concrete Louvor Fsnce 1968 350 sl,197
Cent A/C - Comm (Aprox 300 sqfuTon)1967 7.5 $6,300
Doncreto Louvcr F6n@ 1 967 675 92,268
Concrstc Lower Fencg 1967 1,720 t5,779
Paving - Asphalt 1967 20,530 j17,245
htp : //www.miamidade. gov/property search/08128D014
525
Prop,gfl..Search Application - Miami-Dade County Page 4 of 5
ffi 0FFlcE 0F THE PBoPERTY APPRATSER
@nerat€d On:El28l2O1t
Prooeilv Information
Follo: 02-321 1 -001 -0590
Property Addrocs: 6940 ABBOTT AVE
Roll Year 2012 Land, Building and Extra-Feature Details
Land lnfoma0on
Land Use Muni Zonc PA Zone Unit Typc UniE CalcValue
GENERAL RM.'3900 Squarc Ft.25,000.0(s1,875,m0
Bulldlng lnlormatlon
Building Number Sub Arua Ycar Built Actual Sq.Ft Living Sq.Ft.AdjSq.Fi.CalcValuc
I 1 1967 1,733 s87,405
Extra Featureg
Descridion Year Built Unih CalcValue
ChainJink Fence 67 fl high 1973 5C t43s
Paving - Asphalt 1968 12,50C tr3.875
Conoetc Louver Fence 1 968 35C sl,554
Concroto Louver Fence 1967 675 32.957
Concrete Louwr Fence 1967 1,72C 87.534
3entArC - Comm (Aprox 300 sqfi/Ton)'1967 7.5 38.213
Paving - Lsp631 1967 20,53C 822,180
The Oflice of the Property Apprais€r is continually edfing and updating the tax roll. This webdte may not rellect thB m6t qrrent inbrmation on record. The propedy
Appraiser antt Mbmi-Dade County assumes no liability, see full diBcleimer and User Aoreemert at
Vcrsion:
http : //www. mi amidade. gov/propertysearct/08128D014
526
Property lnformatlon
Folio: 02-321 1-001-0590
Propcrty Addrpcc: 6940 ABBOTT AVE
Lcgel Deacrlption
,TIINTIC HGTS PB 9.,14
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Appraiss ard Miami-Dadc Coun! assumes no liebility, sGo frjl disdaimer and User Agreenrent at
Vcrsion:
527
RESOLUTION NO.
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY
OF MIAMI BEACH, FLORIDA, ACCEPTING THE SEPTEMBER 24, 2014
RECOMMENDATIONS OF THE FINANCE AND CITYWIDE PROJECTS
COMMITTEE TO SCHEDULE A NORTH BEACH REVITALIZATION PLAN
GITY COMMISSION WORKSHOP, AND FURTHER DIRECTING THE
ADMINISTRATION TO BEGIN NEGOTIATIONS WITH AT&T FOR THE
POTENTIAL PURCHASE OF AlR RIGHTS FOR 6940 ABBOTT AVENUE
FROM AT&T FOR FUTURE DEVELOPMENT OF A PARKING GARAGE tN
THE NORTH BEACH TOWN CENTER.
WHEREAS, the concept for encouraging development of a "Town Cente/' for North
Beach originated in a three-day charrette in July 2001, which included visioning sessions for the
71't Street commercial corridor and the 72nd Street parking lot; and,
WHEREAS, the residents' priorities for a successful Town Center included a variety of
cultural activities, outdoor gathering places, and expanded retail offerings; and,
WHEREAS, in a follow-up workshop in December 2003, participants strongly supported
the idea of providing parking as an incentive to attract development to the Town Center; and
WHEREAS, the City of Miami Beach Parking Study, completed by Walker Parking
Associates, lnc. in 2004, identified a demand of up to 964 additional parking spaces by 2008
and 1,312 spaces by2013 in the North Beach Town Centerarea, and confirmed thefeasibility
of a City-owned parking structure on one of several alternative sites in the Town Center area.
The highest ranking sites each included land owned by the City and land owned by City
National Bank. Subsequently, the Administration and the consultant conducted further analysis
of potential sites for a parking garage and added a site located at 6600 Collins Avenue, which is
outside of the Town Center. lt is important to note that the City has retained Walking Parking
Associates again to update the 2004 parking study and the City anticipates having the updated
data in time for the Committee discussion; and
WHEREAS, on June 8, 2005, the Mayor and City Commission accepted the report of the
Finance and Citywide Projects Commission Committee concerning the Parking System
Proposed Capital Budget, instructing the Administration to hold discussions with City National
Bank to swap land for a parking structure in the North Beach Town Center. The Administration
held several meetings with representatives from City National Bank, who expressed some
limited interest in the project, but negotiations stalled; and
WHEREAS, the Planning Department presented the 2007 update of the North Beach
Town Center Plan at a community workshop on April 25,2007, attended by nearly 100 persons;
and,
WHEREAS, on May 22, 2007, the Planning Board held a public hearing and
unanimously adopted a resolution recommending to the Mayor and City Commission that they
adopt the North Beach Town Center Plan as the official Neighborhood Plan for the area
bounded by 73rd Street, the Atlantic Ocean, 69th Street and lndian Creek; and that they
authorize the Administration to prepare draft legislation and capital improvement projects as
appropriate to promote implementation of the Plan; and
528
WHEREAS, on June 11,2007, the Land Use and Development Committee held a public
discussion of the North Beach Town Center Plan and voted 2-0 to recommend the Plan to the
full Commission, with the understanding that any amendments to the Land Development
Regulations will be reviewed by the Committee and the Commission prior to referral to the
Planning Board. The Committee stipulated that proposed amendments to the parking
regulations, intended to provide incentives for new private sector development in the Town
Center, should be contingent on construction of sufficient public parking; and
WHEREAS, on July 11,2007, the Mayor and City Commission adopted Resolution No.
2007-26600, adopting the North Beach Town Center Plan ("Plan") as the official Neighborhood
Plan for the area bounded by 73rd Street, the Atlantic Ocean, 69th Street and lndian Creek; and
authorizing the Administration to prepare draft legislation and capital improvement projects, as
appropriate, to promote implementation of the Plan; and
WHEREAS, the Finance and Citywide Projects Committee, at its November 18, 2008
meeting, authorized the Administration to approach City National Bank to explore a joint
development agreement or a land swap for one of the preferred parking garage sites identified
in the Plan. ln addition, the Committee recommended that the Administration issue a Request
for Letters of lnterest to identify alternative sites and/or developers who may be interested in the
construction of a parking garage project in the area bounded by 72nd Street, Collins Avenue,
63rd Street and lndian Creek Drive/Dickens Avenue; and
WHEREAS, on December 10, 2008, the Mayor and City Commission adopted
Resolution No. 2008-26960 approving the scope and authorizing the issuance of a Request for
Letters of lnterest (RFLI) for the development of public parking to serve two neighborhoods in
North Beach, said areas gener,ally defined as the North Beach Town Center from 69th lo 72nd
Street between Collins Avenue and lndian Creek Drive/Dickens Avenue, and the Collins Avenue
Commercial District between 63rd and 69th Street; and
WHEREAS, the Administration subsequently held numerous discussions with
representatives from City National Bank and the real estate broker who represents the Bank.
The talks ended because City National Bank was engaged in developing numerous new branch
bank locations in new market areas and was not ready to consider development proposals for
the 71't Street properties; and
WHEREAS, again in 2010, the City issued an RFLI seeking letters of interest for a
mixed-use project with parking, retail and office space that would act as a catalyst for further
redevelopment in North Beach; and,
WHEREAS, The City received eleven (11) responses to the RFLI and several were
specifically for Town Center, but chose not to proceed with the RFLI; and
WHEREAS, the City was recently approached by a representative of AT&T regarding its
interest in selling the air rights to the property they own located at 6940 Abbot Avenue and staff
has had preliminary discussions. AT&T has expressed an interest in working with the City to
use/re-use of the subject property.
WHEREAS, the lot size of the property is approximately 25,000 square feet with an
assessed value of $1,465,865 and listed market value of $1,993,002; it is located between
529
Abbott Avenue and Byron Avenue north of City Lot P-80 (lot adjacent to Prima Pasta) and City
National Bank also owns seven (7) parcels adjacent to this property; and
WHEREAS, lf the City were to proceed with discussions with AT&T, AT&T has a list of
general requirements delineated in the attached Commission Memorandum; and
WHEREAS, the Finance and Citywide Piojects Committee met on September 24,2014
and discussed this item and recommended that the Administration schedule a North Beach
Revitalization PIan Commission Workshop, and further directed the Administration to begin
negotiations with AT&T for the potential purchase of air rights for 6940 Abbott Avenue from
AT&T for future development of a parking garage in the North Beach Town Center; and
WHEREAS, the Administration recommends that the City Commission adopt the
recommendations of the Finance and Citywide Projects Committee at its September 24,2014
meeting.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY
COMMTSSION OF THE CITY OF MIAM! BEACH, FLORIDA, that the Mayor and City
Commission hereby accept the September 24, 2Q14 recommendations of the Finance and
Citywide Projects Committee to schedule a North Beach Revitalization Plan City Commission
Workshop, and further direct the Administration to begin negotiations with AT&T for the potential
purchase of air rights for 6940 Abbott Avenue from AT&T for future development of a parking
garage in the North Beach Town Center.
PASSED AND ADOPTED this _ day of
ATTEST:
2014.
Philip Levine, Mayor
Rafael E. Granado, City Clerk
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