DOCSLIB.ORG

BUENA VISTA MANOR 177 NE 50Th St • Miami, FL 33135 NON- ENDORSEMENT and DISCLAIMER NOTICE

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
BUENA VISTA MANOR 177 NE 50Th St • Miami, FL 33135 NON- ENDORSEMENT and DISCLAIMER NOTICE BUENA VISTA MANOR 177 NE 50th St • Miami, FL 33135 NON- ENDORSEMENT AND DISCLAIMER NOTICE Non-Endorsements D Stone Realty LLC is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation's logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of D Stone Realty LLC, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of D Stone Realty LLC, and is solely included for the purpose of providing tenant lessee Arthur Porosoff PA information about this listing to prospective customers. CRE Advisor Multifamily Hotel Development D Stone Realty LLC 1200 Brickell Avenue #1470 Miami, FL 33131 ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. Tel: (305) 733-6066 PLEASE CONSULT YOUR D STONE REALTY LLC AGENT FOR MORE DETAILS. [email protected] License: FL SL3160379 Disclaimer THIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS OF VALUE AND SHOULD NOT BE CONSIDERED AN APPRAISAL. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.D Stone Realty LLC is a service mark of D Stone Realty LLC. All rights reserved. DESIGN DISTRICT STUDIOS Miami, FL TABLE OF CONTENTS SECTION INVESTMENT OVERVIEW 01 Property Overview Regional Map Local Map Aerial Photo FINANCIAL ANALYSIS 02 Rent Roll Summary Rent Roll Detail Operating Statement Pricing Detail MARKET COMPARABLES 03 Sales Comparables Rent Comparables MARKETING TEAM 05 Bio Page INVESTMENT OVERVIEW 4 177 NE 50TH ST PROPERTY OVERVIEW Design District Studios is a 23-unit apartment building located at 177 NE 50th Street in the city of Miami, which is in Dade County, Florida. The property’s unit mix is comprised of 23 studios. Utilities such as water, sewer and trash removal are included in the rent. The property was constructed in 1926 and it was completely rehabbed in 2013. Sale includes 12,760-square foot lot located at 160 NE 50 Terrace and 169 NE 50 Street those could be used as parking for tenants of 177 NE 50 Street. Assumable loan available. Details on page 28. Building located in Design District neighborhood, just off of NE 2nd Avenue. The property is within a one-mile radius of four high schools, three middle schools, six elementary schools, five bus stops, and is close to two gas stations, two grocery stores, and over 20 restaurants. Over the past few years the design district has undergone major transformation into the ultimate destination for cutting edge fashion, art, design and culture. Stores like Bulgari, Celine, Cartier, Giorgio Armani, Givenchy, Tiffany & Co, Valentino, Versace, Louis Vuitton and Harry Winston are already established in the neighborhood but Design District expects to open the door to 200 additional high- end retail stores in the next few years. PROPERTY OVERVIEW • Opportunity Zone • AAA Location- Next to Wynwood and Edgewater • High Barriers-to-Entry Market • Gated and Secured Property • Completely Remodeled/Rehabbed in 2013 • Ample Parking for Tenants • Stainless Steel Appliances 177 NE 50TH ST OPPORTUNITY ZONE Opportunity Zones FAQs 6 177 NE 50TH ST OPPORTUNITY ZONE 7 177 NE 50TH ST OPPORTUNITY ZONE MAP 8 177 NE 50TH ST LOCAL MAP 9 177 NE 50TH ST AERIAL PHOTO 10 177 NE 50TH ST AERIAL PHOTO 11 177 NE 50TH ST AERIAL PHOTO 12 177 NE 50TH ST DEVELOPMENTS MAP 13 177 NE 50TH ST AERIAL PHOTO 14 177 NE 50TH ST INTERIOR 15 BUENA VISTA MANOR AERIAL PHOTO 16 AMERICAN DREAM MIAMI MALL DEVELOPMENTS AMERICAN DREAM MIAMI MALL Triple Five Group, the developer of the proposed American Dream Miami mall, is under contract to buy the Archbishop Curley-Notre Dame High School site in Miami, with plans to build apartments, condominiums and retail space, The Real Deal has learned. Robert Gorlow, a Miami Lakes-based consultant for Triple Five, confirmed that the Edmonton, Canada-based company has the 15.56-acre site at 4949 Northeast Second Avenue under contract. He declined to provide a price or an estimated date for closing. Triple Five, owned by the Ghermezian family, owns such malls as the Mall of the America in Bloomington, Minnesota and the West Edmonton Mall in Alberta, Canada. Its proposed $4 billion American Dream Miami project is up for county zoning approval on Thursday. The company, led by Iranian-Canadian developer Eskandar Ghermezian, is planning to apply for Special Area Plan zoning for the Archbishop Curley campus. The size of the buildings and the number of apartments, condos and retail space are still to be determined, said Gorlow, who is a partner on the project. In September, the Archdiocese of Miami put the Archbishop Curley-Notre Dame site on the market. Bids were due in November. Avison Young’s David Duckworth, John K. Crotty and Michael T. Fay and Bezold Realty were hired to market the site, unpriced. The archdiocese closed the school in 2016 and late that year reportedly received a $65 million unsolicited offer for the property. If approved for T6-12 zoning, the site could be developed into a mixed-use project with up to 2,300 residential units, up to 28-story buildings and about 5 million square feet of space, Avison Young previously said. The brokerage firm does not comment on pending contracts, according to a spokesperson. The property in Little Haiti is north of the Miami Design District and west of the Upper East Side neighborhood. It is near two major sites, the Eastridge Special Area Plan at 5045 Northeast Second Avenue and the planned $200 million redevelopment and expansion of the Jewish Health Systems campus. Triple Five’s proposed 3.5 million-square-foot American Dream Miami mall would cover at least 174 acres in unincorporated northwest Miami-Dade. The development would include 3.5 million square feet of retail and restaurants, a theme park, 2,000 hotel rooms, a 16-story indoor ski slope, a 20-slide water park, a 14- screen 3-D movie theater, a performing arts center and more. If the re-zoning is approved this week, Triple Five’s attorney Miguel Diaz de la Portilla said the project would break ground in the second half of 2019, with opening expected in 2023. https://therealdeal.com/miami/2018/05/14/american-dream-miami-developer-triple-five-under-contract-to-buy-archbishop-curley-site-in-little-haiti/ 17 INNOVATION DISTRICT DEVELOPMENTS INNOVATION DISTRICT As a young immigrant to Miami, Haitian activist Marleine Bastien said she used to walk past the Sabal Apartments on NE Second Avenue in Little Haiti — and the apartments were home to many Haitian people. In the years since, the project has switched owners, and names, and is now called Design Place. But if the city approves a highly controversial development proposal, the longstanding structure might vanish — replaced by an outsize, multimillion-dollar condo block. The project's architect, Kobi Karp, described the amenities included in the new development, which has been tentatively named Eastside Ridge. According to a development plan the company sent the city, the complex would include 2,798 apartments, 418 hotel rooms, 283,798 square feet of retail space, 97,103 square feet of office space, and 4,600 parking spaces. The development could include multiple towers, some as tall as 28 stories. The neighborhood is otherwise filled with one- and two-story single-family homes and strip malls for low- and middle-income families. Anti-gentrification activists have long feared that developers would soon swarm Little Haiti as buyers are increasingly priced out of Wynwood's nearby hipster mecca. Developer Tony Cho in November proposed building a huge "innovation district" at NE 60th Street and NE Second Avenue. Eastside Ridge, just ten blocks south, at NE 50th Street and NE Second Avenue, makes Cho's development look like a dollhouse. Karp told New Times last month that he spoke extensively with the community before pitching Eastside Ridge and took great pains to include civic space for local communities, green space for nearby residents, an open-air market, and new roads to help free up traffic flow in the area. Though Karp stresses that Eastside Ridge was designed with local residents in mind, there are some concerns about property's owner, SPV Realty. The company has been accused of racial discrimination in the past: SPV has been sued twice for allegedly refusing to rent Design Place apartments to black people in the historically black and poor Little Haiti. There are already signs that the new development has investors giddy. At the end of December, the Miami Herald reported that Archbishop Curley-Notre Dame High School, which sits adjacent to Design Place, will close next year, and that anonymous "interested parties" are trying to buy the land on which the school sits. Some close to the Archdiocese of Miami say the land could go for $65 million — and others say they're being kept in the dark as the Archdiocese sells out land to Little Haiti developers. https://www.miaminewtimes.com/news/vote-set-for-megadevelopment-as-activist-warns-it-will-change-little-haiti-forever-9055912 18 MIAMI DESIGN DISTRICT DEVELOPMENTS MIAMI DESIGN DISTRICT The Miami Design District is a neighborhood dedicated to innovative fashion, design, architecture and dining experiences. The Miami Design District is owned by Miami Design District Associates, a partnership between Dacra, founded and owned by visionary entrepreneur Craig Robins, and L Catterton Real Estate, a global real estate development and investment fund, specializing in creating luxury shopping destinations.
Load more

Recommended publications
  • Miami-Dade Stretches to Accommodate American Dream Miami, North America's Largest Mall American Dream Miami Wouldn't
    Miami-Dade stretches to accommodate American Dream Miami, North America’s largest mall Brian Bandell, Senior Reporter, South Florida Business Journal American Dream Miami wouldn’t just be the largest mall in North America; it would be unlike almost any attraction in the world for its scope of activities and potential economic impact. That vision for this mega mall, slated to open in northwest Miami-Dade County in 2020, has inspired both anticipation and trepidation. It’s sure to create thousands of jobs, lure more tourists and generate major tax revenue - an estimated $48.5 million locally and $93.6 million for the state. But the project could exacerbate an already difficult traffic problem, and the majority of its jobs would pay less than $25,000 a year. Triple Five Group, the owner of the Mall of America in Bloomington, Minnesota, plans to build the 6.2 million-square-foot retail and entertainment complex with 2,000 hotel rooms at the southwest corner of Florida’s Turnpike and Interstate 75. The $3.2 billion project is under county review for a comprehensive development plan amendment, along with the Graham Cos.’s proposal on a neighboring 309-acre site for 2,000 multifamily rental units, 1 million square feet of retail and a 3 million-square-foot business park. The first county commission vote in May is expected to trigger a state review. Coming together quickly Plans for American Dream Miami first came to light in March, and have been moving at a rapid pace with the strong backing of Miami-Dade Mayor Carlos Gimenez.
    [Show full text]
  • South Florida Is on Board with Retail Development Market Trends
    South Florida Is On Board With Retail Development Market Trends Commentary by Richard N. Schermer South Florida retail is strongly responding to the hyper-speed pace of change in consumer tastes, expectations and retail development trends. Traditional retail is giving way to "destination development" with a focus on the experiential elements of the shopping trip. Live-work-play environments are developing that are drawing people from all demographic groups into urban areas. Brickell City Centre, Miami Worldcenter, All Aboard Florida's downtown Miami train station, SoLe Mia, Dania Pointe and Metropica are just a few examples of the projects coming to market in the region. Major expansion of the Aventura Mall, Sawgrass Mills and Bal Harbour Shops is also underway or planned, and in northwest Miami-Dade, a 5-million-square-foot mega-mall/theme park called American Dream Miami is slowly moving through the government approval process. Among the experiential offerings to consumers are a substantial number of dining and entertainment options, more space occupied by nontraditional tenants and enhanced e-commerce integration. Retailers are trying to cater to the increasing influence of millennials, who are playing a dominant role in retail sector changes, and Richard Schermer of Pathman Lewis says that in today’s shopping center business, experience is the buzzword and key to success. the increasing urbanization of both millennials and baby boomers, who desire the convenience of a walkable community with readily available shopping, dining and entertainment. In today's shopping center business, experience is the buzzword and key to success. As pressure from store closures mounts and retailers reduce their shop footprints, landlords can no longer solely rely on their tenants to draw traffic and must provide more than just stores and restaurants.
    [Show full text]
  • In Climate Denial, Miami-Dade Gives Ok to Build the Largest Mega Mall in the US
    In climate denial, Miami-Dade gives Ok to build the largest mega mall in the US June 5, 2018 Sierra Club Florida News In climate denial, Miami-Dade gives Ok to build the largest mega mall in the US in low-lying lands near Everglades Posted: 05 Jun 2018 10:48 AM PDT A rendering of the American Dream Mall in Miami, Florida. Triple Five Group In climate denial, Miami-Dade gives Ok to build the largest mega mall in the US in low-lying lands near Everglades In yet another example of climate denial and lip service to climate resiliency, the Miami-Dade County Commission approved land use and zoning changes on May 17, 2018, that will allow mega mall developer Triple Five, along with The Graham Companies, to replace wetlands and farmland for the largest mega mall in the United States in Southeast Florida. With this latest decision, we have yet another example of a county commission that fails to see that the “emperor has no clothes”. Despite concerns raised by community leaders, environmentalists and impacted residents, the county commission voted 9 to 1 to approve the applicant’s requests. Commissioner Daniella Levine Cava was the only NO vote. In a tweet, she stated “I can’t support the approval of such a massive development that promises mostly low paid jobs, horrendous traffic, and that undermines the objectives we have for core transit development”. In what should be referred to as the “American Nightmare Mall’, developers want to build the largest mega mall in the United States close to the Everglades, bringing traffic gridlock to the edge of the county and consuming enough to power upwards of 1,400 mw/hr or enough to power nearly 40,000 homes a day.
    [Show full text]
  • NEAT STREETS MIAMI AGENDA Wednesday, June 27, 2018 at 10 A.M
    NEAT STREETS MIAMI AGENDA Wednesday, June 27, 2018 at 10 a.m. Greater Miami Convention & Visitors Bureau Bank of America Building, 701 Brickell Avenue, 27 th Floor NSM Members Present Participants Present Commissioner Dennis C. Moss, Miami-Dade County, District 9 Lynn Summers, Miami River Commission David Cardenas, MDPROS Ginny Gutierrez, GMCVB Dr. Claudius A. Carnegie, CTAC Brett Bibeau, Miami River Commission Councilwoman Patricia Cohen, Village of Bal Harbour Bill Talbert, GMCVB Cesar Garcia Pons, Garcia Pons and Associates Edgar Jones, American Dream Miami Kenneth E. Gardner, Transportation Aesthetics Cooper Jones, American Dream Miami Patricia Harris, Citizen James Duncan, MDRER Ramiro Inguanzo, Miami-Dade College Stanley Kolosavskiy, City of Miami Beach Rick Johnson, MDX James A. Poag, City of Miami Gardens Gianni Lodi, MDRER Hakeem Mulindwa, District 11 Designee Maria I. Nardi, MDPROS Greaa Paez, DBI Services Teresa Olczysk, UF IFAS Alex Demarco, DBI Services George Puig, Kimley – Horn and Associates Inc. Horacio Aguirre, Miami River Commission Alyce Robertson, DDA Bill Anderson, GMCVB Peter Trupia, District 11 Designee Diana Amaya, Miami-Dade County, District 9 Rick Vasquez, District 5 Designee I. Welcome and Introductions Honorable Chairman Dennis C. Moss Miami-Dade County District 9 Commissioner of and Chairman of Neat Streets Miami, Dennis C. Moss, warmly welcomed and thanked everyone for being present. Chairman Moss led the introductions by asking everyone to introduce themselves. Chairman Moss then thanked everyone again for their participation and the Greater Miami Convention and Visitors Bureau (GMCVB) for hosting the Neat Streets Miami Board meeting. II. Greater Miami Convention & Visitors Bureau Update Bill Talbert • # 3 in the Country for hotel occupancy • # 3 in the Country for rev par • Highest increase in numbers in the top 25 markets • The new Miami-Dade Convention Center will reopen on September 22, 2018.
    [Show full text]
  • Intl Magazine 100615
    INTERNATIONAL EDITION October 2015 Miami... Global Business & Investment Destination miamire.com Four Consecutive Years of Record Sales Single-Family Home Sales Set Another Record, Condos Mark Second Best Year in History % Change S Market Statistics 2014 2013 Year-Over-Year Closed Sales 13,521 12,899 4.8% Cash Sales - % of Closed Sales 43.3% 45.6% -5.0% New Pending Sales 19,550 20,281 -3.6% New Listings 24,592 23,235 5.8% Median Sale Price $245,000 $225,000 8.9% Average Sale Price $431,827 $400,637 7.8% Median Days on Market 45 41 9.8% Average % of Original List Price Received 95.0% 95.6% -0.6% Inventory (Active Listings) 6,265 5,986 4.7% SINGLE FAMILY HOME SINGLE FAMILY Months Supply of Inventory 5.6 5.6 -0.2% S % Change Market Statistics 2014 2013 Year-Over-Year Closed Sales 16,409 17,142 -4.3% Cash Sales - % of Closed Sales 68.6% 73.7% -4.9% New Pending Sales 21,606 24,630 -12.3% & CONDO New Listings 34,242 32,296 6.0% S E Median Sale Price $190,000 $175,000 8.6% S Average Sale Price $363,539 $327,885 10.9% OU Median Days on Market 57 46 23.9% H Average % of Original List Price Received 94.2% 96.8% -2.7% Inventory (Active Listings) 11,430 9,977 14.6% Months Supply of Inventory 8.4 7 19.7% TOWN Median Sales Prices single-family homes condos* $400,000.00 From Bottom in 2011 $380,000 single-family $350,000.00 Prices Have Increased s 42% for single-family homes $272,000 condos $300,000.00 & 67% for condos From Peak in 2007 $250,000.00 Prices Dropped t 55% for single-family homes $200,000.00 & 58% for condos $150,000.00 $100,000.00 $245,000 single-family $190,000 condos $50,000.00 $0.00 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 * Condo statistics were not tracked prior to 2005 Access Miami Market Stats at: SFMarketIntel.com 2 miamire.com Miami’s Position as Top Market for the Wealthy Fuels Expanding Luxury Market In the prestigious 2015 Knight Frank Wealth Report, beaches, the world’s elite like Miami for its developing Miami ranked as the sixth most important city in the art scene.
    [Show full text]
  • As Developers Go on Shopping Spree, Miami Retail Has Never Been Hotter
    February 29, 2016 Circulation: 141,188 / UMV: 2,678,000 As developers go on shopping spree, Miami retail has never been hotter By Nicholas Nehamas There’s a gold rush on for retail in South Florida. Developers and mall operators want to renovate and expand shopping centers across the region. New retail is popping up, too, especially open- air “high-street” shops with surprisingly gourmet dining — a breezy contrast to the enclosed suburban malls of old. The cost of all that investment runs into the billions. The timing may seem odd, given the obstacles: Economic slowdowns in Latin America, Europe and China. A strong dollar slowing tourist spending and a shaky stock market here at home. More and more people shopping online. But experts say the Miami market’s fundamentals are strong and that there’s room to grow despite fears of oversaturation when the new projects open up. To list all of South Florida’s retail activity takes heroic resolve: A 500,000-square-foot, open-air shopping center under construction at Brickell City Centre is set to open this fall. Traditional powerhouse malls such as Aventura, where the ATMs dispense $100 bills, and Dadeland have expanded or are in the process of doing so. The ultra-luxury Design District will double in size in 2017. The Bal Harbour Shops would like to grow, too. In downtown Miami, the long- planned Miami Worldcenter project recently announced a major redesign. In North Miami, developers have rebranded the old Biscayne Landing site as SoLe Mia Miami. And city governments are spending big bucks to redo Miami-Dade’s iconic retail arteries on Lincoln Road in Miami Beach, Miracle Mile in Coral Gables and Flagler Street downtown.
    [Show full text]
  • ARFF News for the Florida Animal Advocate Summer 2015
    ARFF news for the Florida animal advocate Summer 2015 BOARD OF DIRECTORS America’s largest circus to end elephant acts Nanci Alexander In March, the Ringling Bros. and Barnum & Bailey Circus announced that it will end elephant President acts by 2018. A big reason for the decision, according to company President Kenneth Caren Lesser Feld, “was that certain cities and counties have passed ‘anti-circus’ and ‘anti-elephant’ Vice President ordinances.” Feld explained, “it’s expensive to fight legislation in each jurisdiction. It’s also difficult to plan tours amid constantly changing regulations.” The announcement was an Laura Guttridge acknowledgment of the rising tide of opposition to the use of elephants and other wild Secretary/Treasurer animals in circuses. BOARD OF ADVISORS ARFF president Nanci U.S. Congressman Ted Deutch, 19th District Alexander presents former Hollywood City Former U.S. Congressman Commissioner Cathy Peter Deutsch, 20th District Anderson with an Award of Appreciation U.S. Congressman for taking the lead Alcee Hastings, 23rd District in what has become a nationwide effort Former U.S. Congressman to pass legislation Robert Wexler, 19th District in response to the Cathleen Anderson dangers and cruelty of Former City Commissioner, circuses. City of Hollywood President, Animal Birth Control Stedman “Ted” Carr, D.V.M. The first, and the largest number of “anti-circus” ordinances have been enacted in South Doris Day Florida. Hollywood’s landmark animal display ban that prohibits circuses and other exotic Actress, President animal acts was enacted in 1990, the first such ordinance in the nation. Lauderdale Lakes Doris Day Animal League (1992) and Weston (2007) have passed similar ordinances.
    [Show full text]
  • Connectivity for Development Veracruz, Mexico October 2016
    II Hemispheric Conference on Ports Competitiveness Logistics: Connectivity for Development Veracruz, Mexico October 2016 Gerard Philippeaux Manager, Seaport Strategic Initiatives Video of PortMiami PORTMIAMI FACTS AT A GLANCE . PortMiami is a Global Gateway . Cruise Capital of the World . Ranked #13 among US ports . PortMiami is located in Miami-Dade County, one of the most diverse, . multi-lingual populations in the U.S. with 2.6 million residents from more than 120 countries speaking over 80 languages . Economic Impact: $27 billion and Second largest economic engine in Miami-Dade County 207,000 Direct/Indirect Jobs throughout South Florida PORTMIAMI PERFORMANCE AND PRODUCTIVITY PortMiami ranked first for Port Productivity and Performance on the East Coast in the 2014 edition of Top Ports in the United States published by the Journal of Commerce (JOC). PortMiami has been honored with the 2015 Editor- in-Chief Award for Best U.S. Homeport in the February 2015 issue of Porthole Cruise Magazine. 2015 FINAL RESULTS – CRUISE BUSINESS . 4.9 MILLION CRUISE PASSENGERS A World Record 2015-16 CRUISE HIGHLIGHTS CRUISING FROM MIAMI IS ONLY GETTING BETTER – OFFERING TRAVELERS VACATIONS FOR • 19 Cruise Brands • 42 Ships November arrival of Norwegian Cruise Line’s new ship, the Norwegian Escape Carnival Corp. announces Miami as the homeport for newest ship Carnival Vista (Fall 2016); and homeport for Fathom (May 2016) MSC Seaside coming up 2017 2020 Virgin Miami homeport THE FUTURE LOOKS BRIGHT New Cruise Terminal “A” “Crown of Miami” Royal Caribbean will design, build and operate a new cruise terminal in Miami, Florida that can handle the largest cruise ships in the world.
    [Show full text]
  • South Florida Regional Planning Council
    SOUTH FLORIDA REGIONAL PLANNING COUNCIL Minutes March 10, 2017 The South Florida Regional Planning Council met on this date at its corporate office at 3440 Hollywood Boulevard, Suite 140, Hollywood, FL 33021. Chair Daubert called the meeting to order at 2:18 p.m. and led the Pledge of Allegiance. I. Pledge of Allegiance and Roll Call Councilmember Patricia Asseff Councilmember Mario J. Bailey Councilmember Bruno Barreiro Councilmember Margaret Bates (absent) Councilmember Esteban Bovo Councilmember Frank Caplan Councilmember Daniella Levine Cava (absent) Chair Tim Daubert Councilmember Beam Furr Councilmember Steve Geller Councilmember Cary Goldberg Councilmember Nelson Hernandez Councilmember George Neugent (absent) Councilmember David Rice (absent) Councilmember Greg Ross Councilmember Michael Udine Councilmember Sandra Walters Councilmember Jimmy Weekley (via phone) Isabel Cosio Carballo, Executive Director, and Sam Goren, Legal Counsel, were present. The following Ex-Officio Members were present: Lisa Colmenares was in attendance for Dat Huynh, representing the Florida Department of Transportation, District VI The Honorable Roberto Martell, representing the Florida Department of Economic Opportunity / Mayor of the Town of Medley The following Ex-Officio Member was on the phone: Laura Corry, representing the South Florida Water Management District The following Ex-Officio Member was not present: Jennifer Smith, representing the Florida Department of Environmental Protection II. Approval of Council Agenda Councilmember Ross moved to approve the Agenda. Councilmember Asseff seconded the motion, which carried by a unanimous vote. South Florida Regional Planning Council Minutes – March 10, 2017 Page 2 of 12 Sam Goren, Legal Counsel, stated this is a Special Set Meeting requested by the Councilmembers at the February 27, 2017 Council Meeting.
    [Show full text]
  • American Dream Miami
    SOUTH FLORIDA 8.6± ACRE DEVELOPMENT SITE FOR SALE NW 170TH STREET & NW 97TH AVENUE // MIAMI-DADE COUNTY Proposed Interchange TURNPIKE TRANSFER 75 AMERICAN DREAM MALL PLANNED DEVELOPMENT GRAHAM COMPANIES PLANNED DEVELOPMENT Proposed Interchange NW 170th Street NW 97th Avenue LENNAR COUNTYLINE CORPORATE PARK PLANNED PLANNED DEVELOPMENT DEVELOPMENT 75 Excellent opportunity to acquire prime real estate near the planned “American Dream Miami” - a HIALEAH TOWN CENTER $4 billion/ 5 MSF projectPLANNED comprising dynamic retail, N DEVELOPMENT 27 entertainmentNW 138th Street and dining experiences. TURNPIKE TRANSFERTRANSFER NW 170th Street & NW 97th Avenue // Miami-Dade County, Florida OVERVIEW DEVELOPMENTS DEVELOPMENT HIGHLIGHTS MAP MARKET RETAIL OVERVIEW PROJECT OVERVIEW Cushman & Wakefield is pleased to offer for sale Turnpike Transfer is perfectly positioned at the Turnpike Transfer (“Property”), a rare 8.6± acre southwest corner of the keystone intersection development site uniquely positioned in the path of NW 97th Avenue and NW 170th Street, in the of development at a prime hard corner location center of numerous exciting current and proposed in one of the most active development locales developments. The Property is flanked by Flagler in South Florida. Turnpike Transfer is situated in Global Logistics Countyline Corporate Park (nearly Northwest Miami-Dade County just south of the 400 acres entitled for 8.4 MSF), Triple Five Group’s intersection of the Florida Turnpike and I-75 in American Dream Miami, and the Graham Companies close proximity to the planned American Dream master-planned project, (proposed 4 MSF of Miami, a transformative $4 billion destination mixed-use projects). The Lennar Corporation, the retail and entertainment project encompassing largest home builder in the United States, currently 195 acres that will be home to the largest mall in has existing and planned residential projects in the North America along with over 5 MSF of upscale area in excess of 3,200 homes.
    [Show full text]
  • Miami Herald
    Nation's largest mall wins Miami-Dade approval as county backs American Dream Miami | Miami Herald A rendering of the proposed American Dream Miami retail theme park in Northwest Miami-Dade. The County Commission approved zoning and land-use changes for the project on Thursday, May 17. Triple Five MIAMI-DADE COUNTY BY DOUGLAS HANKS [email protected] May 17, 2018 06:44 PM Updated May 17, 2018 09:15 PM The American Dream Miami retail theme park won final zoning approval Thursday from Miami-Dade County, clearing a significant hurdle toward building a $4 billion mega-mall on undeveloped land off the Florida Turnpike with enough space for an indoor ski slope and a submarine lake. In a 9 to 1 vote, county commissioners approved changing Miami-Dade's growth plan and zoning designations to allow Canadian developer Triple Five to create an even larger version of its current signature property, Minnesota's Mall of America, in Northwest Miami-Dade. With six million square feet of retail and entertainment space, American Dream Miami predicts 30 million visitors a year and about 70,000 vehicle trips in and out of the property, roughly equivalent to some of the busiest stretches of the Dolphin Expressway. "This is the biggest project we've ever had in Miami-Dade County," said Mayor Carlos Gimenez, who championed the deal and whose administration negotiated the development agreement that was part of Thursday's approval. Megan Sorbo speaks against the American Dream Miami retail theme park, calling the proposed development an environmental abomination during a meeting of the Miami-Dade County Commission on Thursday, May 17, 2018.
    [Show full text]
  • Variety Hotel 1700 Alton Road
    GREATER MIAMI AND THE BEACHES NEW HOTEL PRODUCT TOTAL 2020/2021 Miami-Dade 60,546 1 Aventura/Sunny Isles (C) Hilton Aventura 2781 NE 191 St Dec-20 192 2 Miami Beach (C) Variety Hotel 1700 Alton Road Dec-20 70 3 Doral (C) Holiday Inn Express 1691 NW 107th Ave Jan-21 75 4 Downtown (C) Hotel Indigo 145 SW 11 St Jan-21 140 5 Miami Beach (C) Collins Park Hotel 2000 Park Avenue Jan-21 295 6 Miami Beach (C) MOXY Miami South Beach 915-955 Washington Ave Jan-21 202 7 North Dade (C) Tapestry Collection Aventura Hotel 2820 NE 214th St Jan-21 100 8 South Dade (C) Hilton Garden Inn SW 152nd Ave, Homestead Jan-21 130 9 South Dade (C) Fairfield Inn & Suites Homestead Florida City S Krome Ave & SW 352nd St Jan-21 127 10 Downtown (C) Residence Inn Miami Northwest NW 19th St & NW 102nd Ave Feb-21 138 11 Coral Gables (C) Gables Station 251 S Dixie Hwy Feb-21 66 12 Downtown (C) YotelPAD Miami 227 NE 2nd St Mar-21 222 13 Miami Beach (C) Goodtime Hotel 601 Washington Ave Mar-21 269 14 Airport (C) Radisson Red Miami Airport 3401 NW 25 St Apr-21 155 15 Downtown (C) Tru by Hilton Miami West Brickell 1931 SW 3rd Ave Apr-21 142 16 Downtown (C) Atwell Miami 145 SW 11th St Apr-21 90 17 South Dade (C) Hampton Inn & Suites, Kendall 14060 SW 138th Ave Apr-21 120 18 South Dade (C) AC Hotels by Marriot Miami Dadeland SW 76th Ave & SW 88th St May-21 170 19 Miami Beach (C) Thompson Hotel Miami 1685 Washington Ave Sep-21 150 20 Downtown (C) Smart Brickell Hotel 239 SW 9th St Oct-21 100 21 Downtown (C) AC Hotel by Marriott / Element by Westin SW 8th St & SW 1st Ct Oct-21
    [Show full text]