LTC 359-2020 RFLI 2021-029-KB for Class A Office Development North of Lincoln LaneDocuSign Envelope ID: 2075F864-FECB-437D-8D61-FE5D22DC307E
MIAM I BEACH
City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov
OFFICE OF THE CITY MANAGER
359-2020
LETTER TO COMMISSION
TO:
FROM:
DATE:
SUBJECT:
Mayor Dan Gelber and Members of the,Qlg,Ogmmission
urrora». cor veres, ["mee"e"
October 13, 2020
RFLI 2021-029-KB for Class A Office Development North of Lincoln Lane
The purpose of this Letter to Commission (L TC) is to update the Mayor and City Commission
regarding the issuance of Request for Letters of Interest (RFLI) 2021-029-KB (Exhibit A), seeking
expressions of interest in developing Class A office space on Lincoln Lane North.
At the direction of the City Commission and in accordance with CBRE's October 2020 Office
Market Overview (Exhibit B), the Administration has prepared and released the above referenced
RFLI seeking expressions of interest from developers that may be interested in developing Class
A office space on any or all of the three largest parking lots adjacent to Lincoln Road, which
include P25, P26 and P27 as highlighted in the map below.
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P23 P22
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P29
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P2o P19 P18
The benefit of the RFLI is that it will allow the City Commission to determine if there is interest
LTC#
DocuSign Envelope ID: 2075F864-FECB-437D-8D61-FE5D22DC307E
Letter to Commission - RFLI No. 2021-029-KB
October 13, 2020
Page 2 of 2
from the development market to build Class A office space on any of these lots. Only expressions
of interest are being requested at this time in order to allow the City Commission to gauge the
level of market interest in developing any of the referenced lots. The RFLI specifically asks
interested parties not to submit offers or proposals. If market interest in developing Class A office
space on these lots exists as determined by the City's receipt of expressions of interest, the City
Commission may consider issuing a future Request for Proposals (RFP) seeking formal detailed
proposals from interested parties. A formal RFP would be required to seek development
proposals as any development on these lots would require approval of a referendum by the voters.
Further, following the receipt of expressions of interest, the administration may hold industry
meetings with any party expressing preliminary interest to discuss any questions or concerns prior
to issuing an RFP that would be subject to the cone of silence rules. The information that can be
received from the RFLI and the industry meetings will assure the City Commission and
Administration that the RFP is developed in a way that promotes the City's best interest while
maximizing the benefit the City may receive from development of these lots.
The RFLI was issued on Friday, October 9, 2020 and letters of interest are due to the Procurement
Department by November 9, 2020. Please direct any questions on the foregoing to Eric Carpenter,
Assistant City Manager.
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