EDGEWATER DEVELOPMENT LAND 326 NE 29Th Street Miami, FL

Total Page:16

File Type:pdf, Size:1020Kb

EDGEWATER DEVELOPMENT LAND 326 NE 29Th Street Miami, FL Offering Memorandum NE. 29th Street NE. 28th Street EDGEWATER DEVELOPMENT LAND 326 NE 29th Street Miami, FL. & 339 NE 28th Street Miami, FL. NON - ENDORSEMENT AND DISCLAIMER NOTICE Confidentiality and Disclaimer The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap Real Estate Investment Services of Florida, Inc. ("Marcus & Millichap") and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant's plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. SPECIAL COVID-19 NOTICE All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making. Non-Endorsement Notice Marcus & Millichap 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 Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS. EDGEWATER DEVELOPMENT LAND Miami, FL ACT ID ZAC0390303 Ryan Nee Florida Broker of Record 5900 N Andrews Ave., Ste. 100 Fort Lauderdale, FL. 33309 P: (954)245-3400 Lic #: BK3154667 2 EDGEWATER DEVELOPMENT LAND INVESTMENT OVERVIEW 3 EDGEWATER DEVELOPMENT LAND OFFERINGOFFERING SUMMARY SUMMARY EXECUTIVE SUMMARY OFFERING SUMMARY MAJOR EMPLOYERS Price $3,692,000.00 EMPLOYER # OF EMPLOYEES * HIG Surgery Centers LLC 5,100 Total Land (SF) 13,425 Royal Caribbean International 4,900 Ibt Group LLC 4,442 Price/SF $275.00 Bursars Office 4,418 County Miami Dade AVI Dept 4,000 Lot Size (Acres) 0.31 acre(s) Miami Dade Transit 4,000 Nephrology Division 4,000 Price/Acre $11,979,00.00 Royal Caribbean 3,400 County of Miami-Dade 3,017 Allowable Buildable SF 13,425 Miami Vamc 3,000 Number of Lots 2 Aluma Craft Products 2,800 Fontainebleau Miami Beach 2,500 Price/Lot $1,526,250 and $2,165,650 Type of Ownership Fee Simple DEMOGRAPHICS 1-Miles 3-Miles 5-Miles 2020 Estimate Pop 30,791 233,091 525,045 2010 Census Pop 24,222 201,506 471,241 2020 Estimate HH 15,182 98,267 218,206 2010 Census HH 11,616 82,189 192,209 Median HH Income $53,571 $37,310 $41,888 Per Capita Income $40,482 $28,473 $31,111 Average HH Income $81,422 $66,693 $74,262 * # of Employees based on 5 mile radius 4# EDGEWATER DEVELOPMENT LAND OFFERING SUMMARY INVESTMENT OVERVIEW Edgewater Development Land Opportunity consists of 2 parcels of prime development land located just east of Biscayne Boulevard on NE 28th and NE 29th Street. 326 NE 29th Street totals 7,875 Square Feet of Land and 339 NE 28th Street totals 5,550 Square Feet of Land with a combined total of 13,425 Square Feet of land available for development in one of South Florida's most dynamic and explosive neighborhoods, Edgewater. Both Parcels are Zoned T6-36 with allows for a total buildable square footage of 209,430 square feet with bonus (12 FLR + 30% Bonus) or 161,100 square feet without bonus. T6-36 Zoning provides a for development of up to 150 Units per Acre with 36 Floors allowance and up to 60 Floors with Bonus. Within walking distance of water front on Biscayne Bay, the immediate area is home to numerous luxury residential developments including Biscayne Beach, Paraiso, Icon Bay, Crimson, Bay House, Blu27 at Edgewater, Modera Edgewater, Hamilton on the Bay and 22 Skyview just to name a few. INVESTMENT HIGHLIGHTS ▪ Two Development Land Parcels in Edgewater ▪ 13,425 Square Feet of Prime Development Land ▪ 326 NE 29th Street and 339 NE 28th Street ▪ Located Just East of Biscayne Blvd within Walking Distance of Biscayne Bay ▪ Zoned T6-36 5 EDGEWATER DEVELOPMENT LAND City of Miami Zoning Code: T6-36 6 EDGEWATER DEVELOPMENT LAND City of Miami Zoning Code: T6-36 7 EDGEWATER DEVELOPMENT LAND Development Pipeline Map 8 EDGEWATER DEVELOPMENT LAND OFFERING SUMMARY PROPERTY SUMMARY THE OFFERING Property Edgewater Development Land Price $3,692,000 326 NE 29th St, Miami, FL Property Address 339 NE 28th St. Miami, FL SITE DESCRIPTION Total Land (SF) 13,425 Price/SF $275.00 Lot Size (Acres) 0.3100 Price/Acre $11,979,000 Allowable Buildable SF 209,430 with bonus (12 FLR + 30% Bonus) Number of Lots 2 Price/Lot $1,526,250 and $2,165,650 Type of Ownership Fee Simple 9 EDGEWATER DEVELOPMENT LAND LOCAL MAP 10 EDGEWATER DEVELOPMENT LAND AERIAL PHOTO Street th NE 28 Biscayne Boulevard 11 EDGEWATER DEVELOPMENT LAND PROPERTY PHOTO Edgewater Development Land BISCAYNE BLVD 12 EDGEWATER DEVELOPMENT LAND MARKET OVERVIEW 13 EDGEWATER DEVELOPMENT LAND City of Miami Zoning Code: T6-36 14 EDGEWATER DEVELOPMENT LAND Edgewater | Market Overview The Edgewater Market Tracing the Biscayne Bay shoreline just north of Miami’s Arts and Entertainment District and the Venetian Causeway (NE 17th Terrace to I-95 and back along E. Coast Avenue) is the pocket-sized neighborhood of Edgewater. This water-facing community could be small in size but is definitely big on potential. Over the past decade, Edgewater has emerged as one of the most loved residential neighborhoods of Miami, with major developers like the Related Group to Melo Group and global brands like Missoni recognizing its value, proximity and community feel by building some of the finest specimens of luxury real estate in their Icon Bay, Aria on the Bay, and Missoni Baia offerings, respectively. So, what makes Edgewater so appealing? Was it always this bayside paradise, safe and perfect enough to rank second on niche.com “Best Places for Young Professionals in Miami” and third on the “Best Neighborhoods to Raise a Family in Miami?”. 15 EDGEWATER DEVELOPMENT LAND Edgewater | Market Overview The Appeal Sitting a short walk away from the Perez Art Museum Miami (PAMM), the Frost Science Museum, and Bayfront Park, this waterfront community is a quick drive or scenic bike ride from South Beach. It’s also just a mile from Wynwood’s eclectic art-scape, the Shops at Midtown and the Design District’s high-end shopping. But what makes Edgewater so unique is that it’s anchored by the 8-acre, dog-friendly Margaret Pace Park. This park also sits bayfront, and with tennis and basketball courts, makes for great relaxation and green space at your back door. Plus, Edgewater is serviced by the free Miami Trolley, and is home to one of the main Metrorail stations, boasting of an above-average walk score of 80 (93 if you live close to Margaret Pace Park). With its central location and a median price of $602/sq. ft. for luxury condos (one of the most affordable in Miami), it really is the gold standard of real estate today. 16 EDGEWATER DEVELOPMENT LAND Edgewater | Market Overview What’s Next? Still offering some of the most amazing water views in Miami at relatively affordable prices (compared to South Beach or Mid-Beach), Edgewater has turned into one of the most sought-after and affordable Miami neighborhoods. With more residence, retail, and restaurants slated to make their debut in this family-friendly district, here’s a quick tour of the outstanding condos of Edgewater: • Tallest Condo Building in Edgewater – Missoni Baia at 646 ft.
Recommended publications
  • Insight from the Breakers
    AUGUST 2018 | SFBWMAG.COM | $7.95 Insight from The Breakers CEO Plan an event On a Celebrity cruise, your team will enjoy premium event experiences, complimentary meeting spaces with state-of-the- that proves business art A/V equipment, world-class accommodations, distinctive restaurants with menus crafted by our Michelin-starred chef, can mix seamlessly and live entertainment throughout the ship. And, with more than with pleasure. 300 destinations on all seven continents, we open up a world of possibilities for your event—literally. Learn about our latest offers contact Joyce Lopez at (754) 317-3505 or [email protected] FOR THE 11TH CONSECUTIVE YEAR 2©2018 AUGUST Celebrity 2018 Cruises. • www.sfbwmag.com Ships' registry: Malta and Ecuador. Let Us Take a Look At Your Employee Benefits Needs! Arthur Novoseletsky Samantha Graveline Laura Sherwin Antonio Tavares Francisco Menendez Brown & Brown Benefit Consultants 1201 W. Cypress Creek Road, #130, Fort Lauderdale, FL 33309 954- 776-2222 1-800 648-9303 www.bbftlaud.com Medical Insurance – Level Funded / Fully Insured / Self-Funded Prescription Drug Dental Insurance Vision Insurance Disability Insurance – Short Term Disability / Long Term Disability Life Insurance Voluntary Programs Assistance with COBRA HR / Benefits Compliance Online Enrollment Technology www.sfbwmag.com • AUGUST 2018 3 WHERE BOUNDARIES ARE BROKEN PROJECT LAW FIRM MIAMI 4 AUGUST 2018 • www.sfbwmag.com WHERE BOUNDARIES ARE BROKEN 2818 Center Port Circle Pompano Beach, FL 33064 • P 954.735.8223 18288 Collins
    [Show full text]
  • Project-Approval-Log-Condos.Pdf
    Condo Approval Log as of 3‐16‐19 State Project Name Project Location Phase Warrantable Decision Expiration Date HOA Cert Exp Date Insurance Exp Date Budget Exp Date AL Bella Luna Orange Beach, AL. 36561 Entire Warrantable ‐ O/O or 2nd Home Only Approval Expired 3/5/2017 2/27/2017 4/7/2017 12/31/2016 AL Brown Crest Auburn, AL 36832 Phase 1 Warrantable Approval Expired 9/24/2016 11/2/2016 2/28/2017 12/31/2016 AL Creekside of Auburn AL, Auburn 36830 Entire Warrantable ‐ Freddie Mac Only Approval Expired 3/28/2017 3/13/2017 11/1/2017 12/31/2017 AL Donahue Crossing Auburn, AL. 36830 Entire Warrantable Approval Expired 11/13/2016 10/27/2016 7/4/2017 12/31/2016 AL Residences Auburn, AL 36830 Entire Warrantable Approval Expired 9/15/2016 7/14/2016 8/6/2016 12/31/2016 AL Seachase Orange Beach, AL 36561 Entire Warrantable Approval Expired 12/1/2016 11/14/2016 5/23/2017 12/31/2016 AZ Bella Vista Scottsdale, AZ 85260 Entire Warrantable Approval Expired 9/10/2015 9/3/2015 5/9/2016 12/31/2015 AZ Colonial Grande Casitas Mesa, AZ 85211 Entire Warrantable Approval Expired 3/14/2018 2/28/2018 7/6/2018 12/31/2018 AZ Desert Breeze Villas Phoenix, AZ 85037 Entire Warrantable Approval Expired 11/25/2017 11/21/2017 6/25/2018 12/31/2017 AZ Discovery at the Orchards Peoria, AZ 85381 Entire Warrantable Approval Expired 8/8/2017 7/19/2017 8/24/2017 12/31/2017 AZ Eastwood Park Mesa, AZ 85203 Entire Warrantable Approval Expired 9/12/2017 9/7/2017 1/30/2018 12/31/2017 AZ El Segundo Phoenix, AZ 85008 Entire Non‐Warrantable Approval Expired 9/21/2018 8/28/2018 11/8/2018 12/31/2018 AZ Leisure World Mesa, AZ 85206 Entire Warrantable Approval Expired 3/11/2018 3/4/2018 1/1/2018 12/31/2017 AZ Mountain Park Phoenix AZ 85020 Entire Warrantable Approval Expired 7/13/2015 7/2/2015 11/15/2015 12/31/2015 AZ Palm Gardens Phoenix, AZ 85041 Entire Warrantable Approval Expired 7/11/2016 7/5/2016 11/23/2016 12/31/2016 AZ Pointe Resort @ Tapatio Cliffs Phoenix, AZ.
    [Show full text]
  • Executive Branch—2009 Registrations by Lobbyist Name
    03/17/10 12:03:09 EXECUTIVE BRANCH—2009 REGISTRATIONS BY LOBBYIST NAME Aaron, Lisa . 850/412-0300 Greentree Group, The 413 N Meridian St, Tallahassee, FL 32301 1360 Technology Court Ste 100, Beavercreek, OH 45430 Lobbying Firm(s): Industry Code: 541512 Effective: 11/24/2009 One Eighty Consulting Harvest Technology Group, Inc 413 N Meridian St, Tallahassee, FL 32301 3510 Old Milton Pkwy, Alpharetta, GA 30005 Phone: 850/412-0300 Industry Code: 541512 Richwood Governmental Consultants, LLC Effective: 02/12/2009 413 N Meridian St, Tallahassee, FL 32301 Insight Public Sector Phone: 850/412-0300 6820 S Harl Ave, Tempe, AZ 85283 Industry Code: 423430 Principal(s): Effective: 01/02/2009 AAJ Technologies Inspired Technologies 6301 NW 5th Way Ste 1700, Fort Lauderdale, FL 2700 Blairstone Rd Ste E, Tallahassee, FL 32301 33309 Industry Code: 541511 Industry Code: 541511 Effective: 04/21/2009 Effective: 01/02/2009 Intel Corporation AirTight Network, Inc Building Chandler 7, 5000 W Chandler Blvd, 339 N Bernardo Ste 200, Mountain View, CA Chandler, AZ 85226 94043 Industry Code: 334413 Industry Code: 334210 Effective: 01/02/2009 Effective: 03/13/2009 KPMG LLP Asysco 111 N Orange Ave Ste 1600, PO Box 3031, 3301 Thomasville Rd, Tallahassee, FL 32308 Orlando, FL 32802 Industry Code: 541512 Industry Code: 541219 Effective: 01/02/2009 Effective: 01/02/2009 BDNA McAfee, Inc 339 N Bernardo Ave, Mountain View, CA 94043 3965 Freedom Circle, Santa Clara, CA 95054 Industry Code: 511210 Industry Code: 511210 Effective: 01/02/2009 Effective: 01/27/2009 Blue Coat Systems, Inc. Metatomix, Inc 420 N Mary Ave, Sunnyvale, CA 94085 3 Allied Dr Ste 210, Dedham, MA 02026 Industry Code: 334210 Industry Code: 511210 Effective: 01/02/2009 Effective: 01/02/2009 BMC Software, Inc Novell, Inc 8401 Greensboro Dr Ste 100, McLean, VA 22102 1800 S Novell Place PRV-C111, Provo, UT 84606 Industry Code: 511210 Industry Code: 511210 Effective: 01/02/2009 Effective: 12/18/2009 Brandt Information Services, Inc Panasonic Computer Solutions Co., Unit of 1377 Cross Creek Circle, Tallahassee, FL 32301 Panasonic Corp.
    [Show full text]
  • Download Brochure
    THE LAST WATERFRONT RESERVE OF ITS KIND ARIARESERVE.COM Project OVERVIEW VISION A new chapter in residential sophistication. Here, the idea of a life well lived has been completely transformed so that the beauty of nature and the convenience of state-of-the-art lifestyle amenities exist in perfect balance with one another. Aria Reserve brings the tallest waterfront, residential twin towers in the United States. The iconic profile in the heart of Miami, and prestigious waterfront position on Biscayne Bay, makes Aria Reserve feel like a private estate hidden away from the rest of the world. The uniquely modern relationship between design and nature creates an atmosphere of total serenity. TEAM Developer: The Melo Group Architect: Architectonica Interior Design: Morada Haute Design Landscape Architect: ARQ GEO OVERVIEW · 62 stories · One to four bedroom waterfront residences · Ranging from 1,059 to 2,584 Sq. Ft. · Starting from $800,000 to over $2M · Coming to Miami - Summer 2024 DESIGN DISTRICT DOWNTOWN MIDTOWN BRICKELL ART & ENTERTAINMENT DISTRICT EDGEWATER WYNWOOD Amenities LOBBY Aria Reserve’s signature waterfront lifestyle is not only one of convenience, it is one of gracious service. At the lobby level, residents enjoy valet parking, a 24-hour front-desk staff, and access to a personal concierge for all other needs. A NEW CHAPTER IN RESIDENTIAL SOPHISTICATION Amenities SKYLOBBY LEVEL Built precisely with today’s modern Miami city dweller in mind, the Skylobby at Aria Reserve is equipped with a full-featured business center, multiple conference and meeting rooms, flex-offices and co-working spaces, and a coffee & refreshments center.
    [Show full text]
  • Project-Ineligible-Log-Condos.Pdf
    Condo Ineligible Log as of 3‐16‐19 State Project Name Project Location Decision Date Ineligible Project AL Caribe Orange Beach, AL 36561 3/2/2017 Condotel Condotel Insufficient reserves AL Phoenix III Orange Beach, AL 36561 2/23/2017 Non‐Incidental business income AL Phoenix West II Orange Beach, AL 36561 6/2/2016 Condotel AL Phoenix West II Orange Beach, AL 36561 6/2/2016 Operates as Condotel AL Turquoise Place Orange Beach, AL 36561 6/17/2016 Insufficient reserves, special assess for insurance premiums, condotel features AL Turquoise Place Orange Beach, AL 36561 10/27/2015 Insufficient reserves, special assess for insurance premiums, condotel features AZ Artisan Village at Gila Spring Chandler, AZ 85226 12/16/2015 20% completion & presale AZ Biltmore Promenade Phoenix, AZ 85016 2/3/2016 48% single Entity, not original developer. AZ Chandler Parc Chandler, AZ 85224 5/17/2017 Single entity over 10% (at 26.19%) AZ Chandler Parc Chandler, AZ 85224 5/17/2017 Single entity over 10% (at 26%) AZ Four Peaks Fountain Hills, AZ 85268 10/8/2015 Developer rents 41.5%, overall investor concentration 88.4%. AZ One Lexington Phoenix, AZ 85012 3/4/2015 3/4 project is ineligible due to structural defects case against original developer. AZ Quarter Glendale, AZ 85305 6/24/2015 Defects, Repairs, Dollar amount not known. Trial set December 2015 CA 1245 Orange Grove Glendale, CA 91205 6/8/2015 PERS required. 2007 Non‐Gut Conversion, 62.5% rentals developer owned. Pooled insurance. CA 4211 Redwood Ave 6/13/2017 construction defect litigation CA 5264 3rd St San Franciso, CA 94124 3/10/2017 Investment transaction.
    [Show full text]
  • 345-409-NE36ST-Oms
    345-409 NE 36 St. NE 36TH & I-195 MIAMI, FL 33137 High Visibility Development Site for Sale MICHAEL HINTON 305 570 2600 SENIOR ASSOCIATE INVESTMENT SALES 901 NE 79 ST 305 970 0262 MIAMI, FL 33138 [email protected] www.apexcapitalrealty.com PROPERTY OVERVIEW HIGHLIGHTS • Office Gross Buildable +/- 219,772 Sq Ft • Up to 270 Hotel Keys • Up to 135 Units • FAR of 7, Bonus* of Thirty Percent (30%) • Centrally located between the Design District, Midtown & Miami Beach NE 36TH & I-195 Apex Capital Realty is pleased to exclusively offer the opportunity to acquire one of the most visible development sites in Edgewater Miami – NE 36th Street (“The Site”). Total Lot Size: 31,396 Sq Ft (0.90 Acres) Price per Buildable SF: $56.84 The property is composed of a 2-parcel assemblage spanning almost an acre next to I-195 at NE 36th Street with 146,000 vehicles passing the property daily (AADT 2019). Gross Development SF: +/- 219,772 Sq Ft This represents a cornerstone opportunity to acquire a signature site with an allowed Gross Development SF (w/ bonus*): +/- 285,703 Sq Ft density of 135 residential units or 270 hotel keys and with a buildable area of over 219,000 SF. The zoning allows a variety of uses including Office, Multifamily, Hotel, Residential Density Allowed: 135 ($88K per Door) Retail, or Luxury Condominiums. Billboard income is included and can be converted to Hotel Keys Allowed: 270 ($44K per Key) a garage banner for advertising income which allows a developer to capitalize on the high visibility and prestigious location with immediate access to the Design District, Asking Price: $11,930,480 Miami Beach, Midtown and other high-traffic, dense areas sought after in Miami.
    [Show full text]
  • Miamireport-16-ISG-Watermarked
    FALL 2016 TM AN IN-DEPTH ANALYSIS OF SOUTH FLORIDA’S NEW CONDOMINIUM MARKET CELEBRATING 120 YEARS OF MIAMI’S 1896 - 2016 New Condo Construction Resale Condo Inventory Condo Rental Trends International Market Cultural & Economic Growth ISG City Watch South Florida 2020 On the Ground WELCOME TO THE FALL 2016 EDITION OF THE MIAMI REPORT For over seven years, the ISG World Miami ReportTM has served as the go-to “But if sheer size source on the state of the Miami market, and in that time, it has expanded. Once solely a statistical analysis of the current market conditions, today’s report is your yardstick, examines so much more: what’s drawing so many people to Miami’s shores, the factors that have made Miami a global city, news on the current and future hap- penings in South Florida, comprehensive market data and trends, of course, and nothing beats information to guide you in understanding where the market is headed. America’s housing The last seven years have also seen a major evolution of Miami itself. A myriad of trendy neighborhoods have blossomed. The arts and entertainment landscape market. has exploded. The skylines of Brickell, downtown Miami and the Biscayne Corridor have filled in with some of the most luxurious and architecturally impressive condominium towers the world has ever seen. It is the world’s In this edition of the Miami Report, we take a look back through the 120-year history of this inspiring city, and how the various elements that make it up have largest asset class, developed.
    [Show full text]
  • 2019 Annual Report
    Table of Contents Page Introduction . 3 What is a CRA? Message from the Director Omni CRA Board Members & Staff . 4 Omni CRA Boundaries . 5 Mission . 5 Project Updates & Accomplishments Housing . 6 School Board . 7 Historic Preservation . 8 Business Incentives . 9 Quality of Life Initiatives . 12 New Developments in Omni . 13 Basic Financial Statements & Auditor’s Report . .. Appendix A Omni Community Redevelopment Agency 1401 N. Miami Ave. • (305) 679-6868 • www.OmniCRA.com 2 What is a Community Redevelopment Agency (CRA) A Community Redevelopment Agency (CRA) is an agency that serves an area targeted for redevelopment and revitalization. CRAs are authorized by Florida Statute (Chapter 163, Part III) and created at the local level by cities and counties for the purpose of carrying out redevelopment activities that include revitalizing dilapidated buildings and neighborhoods, improving public infrastructure and amenities, and enhancing the quality of life for residents within the CRA boundaries, and creation of jobs. The City of Miami is home to three CRA districts. They are Southeast Overtown/Park West (SEOPW, created in 1982), Omni (created in 1986), and Midtown (created in 2003). The intended result when designating CRAs is the creation of vibrant communities with the removal of Slum and Blight conditions. Message from the Director This community redevelopment agency is located within the City of Miami, a City that is experiencing rapid growth both socially and economically. The Omni Community Redevelopment Agency is tasked with eliminating and preventing the growth of slum and blight while providing housing affordability. As the Executive Director my number one goal is the success of our Community.
    [Show full text]
  • Aria on the Bay Brochure
    IT'S ALL ABOUT ATMOSPHERE SEE LEGAL DISCLAIMER ON BACK COVER. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. AIR... Take a deep breath... release yourself from the cares of the outside world... Overlooking Biscayne Bay and perched atop the downtown Miami skyline, Aria on the Bay provides the ultimate atmosphere for your enjoyment. THE ESSENTIAL Nothing stands between you and your favorite pursuits- panoramic floor-to-ceiling windows offer endless bay and city views, spacious floor plans grant easy flow between rooms, and your own private Resort complete with sunrise/sunset pools, theater, gym and more opens up worlds of possibilities. ELEMENT The best of Miami surrounds you in every direction. Clear skies greet you from oversized balconies. Acres of pet friendly green park including tennis, volleyball, baseball, outdoor fitness and children’s playground on the waterfront roll out in front of you. Turquoise waters stretch out along the coastline of downtown... OF LIFE Culture and the arts beckon from neighboring Performing Arts and Entertainment District and Museum Park. Fabulous cuisine and nightlife await in Midtown, the Design District, and Wynwood. Professional success in the business core of Downtown Miami and Brickell, within minutes of South Beach. All the rhythm, energy, and appeal of the Magic City is yours. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. THE HIGHEST LEVEL OF SPLENDOR ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. EXPLORE EVERY ATMOSPHERE ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. A BREATHTAKING WAY OF LIFE True sky homes are rare – except at Aria on the Bay.
    [Show full text]
  • Aria on the Bay Condos Brochure
    IT'S ALL ABOUT ATMOSPHERE ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. MIAMI KEY BISCAYNE MIAMI BEACH SOUTH BEACH FISHER ISLAND STAR ISLAND PORT OF MIAMI BAYSIDE VENETIAN ISLANDS BRICKELL DOWNTOWN MIAMI MUSEUM PARK ALL ABOARD CORAL GABLES MIAMI WORLD CENTER ADRIENNE ARSHT CENTER I-395 ARTS AND ENTERTAINMENT DISTRICT EDGEWATER MIDTOWN I-836 WYNWOOD DESIGN DISTRICT I-95 15 MIN. TO MIAMI INTERNATIONAL AIRPORT SEE LEGAL DISCLAIMER ON BACK COVER. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. REACH BEYOND THE STARS While gorgeous residences, breathtaking architecture, and an enviable bay-front location are plenty to make Aria on the Bay special... it’s the many different atmospheres you can explore within Aria that elevate it to the truly exceptional. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. SEE LEGAL DISCLAIMER ON BACK COVER. THE HIGHEST LEVEL OF SPLENDOR ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. EXPLORE EVERY ATMOSPHERE ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. SEE LEGAL DISCLAIMER ON BACK COVER. SOAK UP THE WARM MIAMI SUN FROM THREE CURVED SUNRISE/SUNSET POOLS with luxe lounge chairs and lush landscaping. At Aria on the Bay, you won’t need to raise your expectations, because every feature here is already at the pinnacle of excellence. ARTIST’S RENDERING. FINISHED PRODUCT MAY VARY. LIFT YOUR
    [Show full text]
  • Listing Photos A11033871 460 NE 28Th St # 2001 Miami
    Listing Residential Rental 460 NE 28th St # 2001 MIAMI, FL 33137-4675 ML#: A11033871 List Price: $5,000/M Status: Active County: Miami-Dade County Area: 31 Geo Area: Bedrooms: 2 Baths: 2/0 Convert Bed: Efficiency: SqFt (Liv): ¤1,311 Year Built: 2015 Virtual Tour: Click Here Furnished Info: Furnished Furn Annual Rent: Furn Season Rent: Furn Off Sea Rent: UnFurn Annual Rent: UnFurn Season Rent: UnFurn Off Sea Rent: Jan: Feb: Mar: Apr: May: Jun: Jul: Aug: Sep: Oct: Nov: Dec: Location Information Folio#: ¤0132300910170 Parcel #: 0170 Municipal Code: 1 Town/Range: 32 Section: 30 Subdivision #: 91 Map Coord: Zoning: ¤5000 Model Name: Subdivision: ¤ICON BAY CONDO Development: Elementary: Middle: High: Neighborhood: General Information Type Property: Condo Front Exposure: East HOPA: No HOPA # Stories: Unit Floor Loc: Bal/Porch/Pat: Style: R62-Condo/Co-Op/Annual Avail Date: 06/01/2023 Garage: 1 Carport: Lot SF: Appr Lot Size: For Sale: No Bed Description: Subdivision Info: Parking Desc: Parking Restr: Lot Desc: Waterfront: No Water Access: Water Frontage: View: Pool Dim: 8x10 Spa: Pool: Yes/Auto Pool Clean Design/Desc: Construction: Roof Desc: Floor: Dining: Remarks Remarks: Fully furnished beautiful TWO BEDROOMS PLUS DEN Seasonal Rental! AVAILABLE FOR 4 MONTHS ONLY FROM JUNE 1 AVAILABLE FOR 4 MONTHS ONLY FROM JUNE 1 AVAILABLE FOR 4 MONTHS ONLY FROM JUNE 1 MOVE IN: First, Last, Deposit to owner and Deposit to the Association. MOVE IN: First, Last, Deposit to owner and Deposit to the Association. Fully furnished beautiful TWO BEDROOMS PLUS DEN Seasonal Rental! AVAILABLE FOR 4 MONTHS ONLY FROM SupRemarks: JUNE 1 AVAILABLE FOR 4 MONTHS ONLY FROM JUNE 1 MOVE IN: First, Last, Deposit to owner and Deposit to the Association.
    [Show full text]
  • Arts and Culture Anchors Cover
    Arts and Culture Institutions as Urban Anchors Livingston Case Studies in Urban Development August 2014 Arts and Culture Anchor Institutions as Urban Anchors Livingston Case Studies in Urban Development Penn Institute for Urban Research University of Pennsylvania Philadelphia, PA Eugénie L. Birch, Cara Griffin, Amanda Johnson, Jonathon Stover Contents Introduction ................................................................................................................. 1 Case 1. The Adrienne Arsht Center for the Performing Arts, Miami, Florida: Creating a New Institution ........................................................................................... 5 Case 2. Arena Stage, Washington, D.C.: Developing The Mead Center .................. 25 Case 3. The Art Institute of Chicago, Chicago, Illinois: Attracting Civic Support ...... 41 Case 4: The High Museum of Art, Atlanta, Georgia: Expanding the Museum ......... 55 Case 5: The Kimmel Center: Facing Challenges ...................................................... 65 Case 6: The Martin Luther King, Jr. Library, San Jose, California: Developing a Joint Library ............................................................................................................... 87 Case 7: The Music Center: Taking on New Roles .................................................. 109 Case 8: The Woodruff Arts Center, Atlanta, Georgia: Adapting to a Changing City ................................................................................... 125 Introduction Urban Anchors Additionally,
    [Show full text]