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Home My WebLink AboutR5 C and D Presentation - ACCOAlton City Center Overlay PB25-0812 –Comprehensive Plan Amendment PB26-0813 –LDR Amendment June 2026 This document is confidential and solely for the use of the Infinity Collective, its subsidiaries and affiliates (collectively “Infinity”), and the existing and potential clients, partners, lenders or agents of Infinity to whom it has been delivered. By accepting delivery of this presentation, each recipient undertakes not to reproduce or distribute this presentation, in whole or in part, nor to disclose any of its content without the prior written consent of Infinity. This document is meant only to provide a general overview of Infinity Real Estate, and the strategies it employs, for discussion purposes. All information provided here is subject to change. 1 30+ Vacant Storefronts Within a 0.5-Mile Radius of Alton Road Long-term vacancy on Alton + 17th St Lincoln Road West (south side): 7 vacant storefronts Lincoln Road West (north side): 5 vacant storefronts 2 Miami Beach Population vs. Traffic Trends: Localize Living with Live-Work -Play Ecosystems to Reduce Traffic •Miami Beach’s population has steadily declined from 2020 to 2023, dropping by nearly 3,000 residents before rebounding in 2024 to pre-COVID levels. •Traffic volumes on primary access corridors increased substantially over the same period, particularly on I- 195 (Julia Tuttle Causeway). •MacArthur Causeway traffic increased and remained elevated even as population declined. •Miami Beach is experiencing higher traffic with fewer residents. Traffic growth has outpaced population change, indicating that roadway demand is driven by non-resident travel. •Although population declined through 2023, regional job growth and local employment demand remained strong with the Miami Metro area adding thousands of new jobs. This growing employment base likely contributes to increased commuter travel to Miami Beach, explaining rising traffic volumes despite fewer residents. Traffic Data per FDOT Florida Traffic Online Web Application 3Commuter snapshot — U.S. Census Bureau, LEHD OnTheMap (2023) 56K jobs in Miami Beach 84% of the workforce lives outside of Miami Beach 75% of Miami Beach residents work elsewhere Traffic in the 1990’s vs. Today: 4 Julia Tuttle Causeway - 1991 MacArthur Causeway - 1990 Julia Tuttle Causeway - 2025 MacArthur Causeway - 2025 5 Miami Beach Comprehensive Plan POLICY RLU 1.5.1 To encourage the establishment and continued development and enhancement of unique neighborhoods, the Land Development Regulations may utilize tools including, but not limited to, the establishment of new zoning districts, zoning overlay districts, special off-street parking requirement districts, special landscape requirements, use restrictions, scale limitations, architectural standards, design guidelines, and others as may be appropriate. POLICY RLU 2.1.1 Innovative land use development patterns, including mixed uses shall continue to be permitted and encouraged through the provision of LDR incentives such as additional floor area when at least 25% of the total area of a building is residential or hotel as identified in specific future land use categories, and/or shared parking for mixed uses (commercial/office/residential). POLICY RLU 2.1.4 Mixed use developments will continue to be encouraged in all areas designated as commercial/residential and MXE by creating districts in the land development regulations which are consistent with s.163.3202, F.S. and which will permit combined hotel, residential and commercial developments in accordance with Objective 1 of this Future Land Use Element. 6 Localized Living Through Live-Work -Play Ecosystems •Thriving communities are built on integrated live-work- play ecosystems.•Growing demand for office and retail to be located closer to where people live, reducing commute times. Coral Gables Coconut Grove 7 Sunset Harbour – A Proven Model for Revitalization •Historically Sunset Harbour and Alton Road were primarily occupied with warehouses, auto service uses, and fragmented businesses. •Sunset Harbour was transformed via targeted zoning reform into a vibrant mixed-use district. •Today, it supports a thriving mix of residential, retail, office and walkable activity serving neighborhood and everyday uses. •The Alton City Center Overlay offers the same opportunity for Alton Road, just 0.2 miles away. •An opportunity to create a more connected, livable district for Miami Beach residents. 8 Alton Road – Overlay & Project Benefits •Adds substantial residential units in the City’s economic and transit hub, directly implementing the Comprehensive Plan. •Revitalizes a long-vacant, underutilized stretch of Alton Road. •Provides critical “missing-middle” housing for those who work in Miami Beach but cannot afford to live here. •Adds neighborhood-serving retail and destination uses. •Improves connectivity between Lincoln Road West, West Avenue, and Sunset Harbour. •No new transient uses — supports year-round residency that sustains local businesses, not just a season. •Reduces commuter traffic by letting people live near where they work. •Encourages public transit and micromobility. •Alleviates local traffic and parking pressure. •Strengthens the local economy through an increased resident base. Although not yet designed and subject to the City’s design review, the project contemplates the following additional public benefits: •Construction Staging (ONGOING): Site stages the City’s West Avenue Capital Improvements, easing local circulation. •Job Creation: +/- 700 construction jobs and +/- 350 permanent retail, office, and operations jobs. •Reduced Traffic Impact: Generates less traffic than the approved SHVO office plan, supporting walkability. •Neighborhood Parking: Office/retail parking opened to public use after hours, offsetting West Ave removals. •EV Charging: Available for residents, tenants, and public use. •Micromobility: Shared shuttles to major employers plus public micromobility to ease congestion. •Alton Court Alleyway: Undergrounds FPL lines and beautifies a long-neglected alleyway. •Neighborhood Beautification: Landscaping for surface lots by the post office and pump stations, plus parklets. •Retail Corridor Activation: Revitalizes underperforming portions of Alton Road and Lincoln Road West. •Enhanced Connectivity: New paseo strengthening links between Alton Road, West Avenue, and Sunset Harbour. •Art in Public Places: Curated public art integrated throughout the project. •Public Recreation: Neighborhood padel court reservable via the building app. •Blue Zone Wellness: Community gardens, green space, bike lanes, and curated retail promoting activity and wellness. •Impact Fee & Tax Revenue: ~$30M+ in fees and ongoing taxes funding transit, safety, parks, schools, and utilities.9 10 Alton City Center Overlay – 20+ Letters of Support from Neighborhood Associations & Major Employers representing 10,000+ Neighbors & Employees This document is confidential and solely for the use of the Infinity Group, its subsidiaries and affiliates (collectively “Infinity”), and the existing and potential clients, partners, lenders or agents of Infinity to whom it has been delivered. By accepting delivery of this presentation, each recipient undertakes not to reproduce or distribute this presentation, in whole or in part, nor to disclose any of its content without the prior written consent of Infinity. This document is meant only to provide a general overview of Infinity Real Estate, and the strategies it employs, for discussion purposes. All information provided here is subject to change. Thank you. 11 Height and Mass is Contextual with Neighboring Buildings 150’ height; 3.5 FAR 12 Alton Road – Stacking Plan 13 1677 West Ave Lincoln Rd City of Miami Beach US Post Office Infinity’s Miami HQ Variety Hotel Lincoln Rd Shopping District 17 West (Trader Joe’s) New Development Built 2020 Alton City Center Overlay Area 14 Alton Road – Ground Floor Plan 15 Alton Road – Floor Plans 2nd Floor (Retail)3rd – 5th Floor (Parking)6th Floor (Resi & Office) 16 Alton Road – Floor Plans 7th Floor (Resi & Office)8th – 9th Floor (Resi & Office)10th – 12th Floor (Resi & Office) 17 Alton Road – Floor Plans 13th Floor (Resi)14th Floor (Resi Amenity) 18 Infinity Collective Investing in Communities and Delivering Vibrant Localized Living •Locally rooted ownership – the Sponsor lives and works in the communities where it invests, supporting a long- term, community aligned approach to development. •Extensive historic redevelopment experience with 40+ completed projects, combining preservation of existing character with high-quality investment.•Established investment platform with $1B+ in assets under management and $2.5B+ invested across diverse property types with a focus in multifamily development.•Focus on infill and transit-oriented locations, revitalizing underutilized sites to strengthen surrounding neighborhoods. ESME HOTEL (ESPANOLA WAY): $50M HISTORIC DEVELOPMENT COMPLETED IN 2021. 1700 ALTON ROAD: $20M HISTORIC DEVELOPMENT COMPLETED IN 2020. 1200 OCEAN DRIVE: $8M HISTORIC DEVELOPMENT COMPLETED IN 2020. LITTLE RIVER: $220M LIVE LOCAL DEVELOPMENT; EST 2028 DELIVERY. 2500 BISCAYNE BLVD: $47M DEVELOPMENT; 2017 COMPLETION 19