LINCOLN LANE NORTH PF PROPERTIES - COMPREHENSIVE PLAN AMENDMENT

AN ORDINANCE OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, AMENDING CITY OF MIAMI BEACH COMPREHENSIVE PLAN POLICY RLU 1.1.17, ENTITLED "PUBLIC FACILITY: GOVERNMENTAL USES (PF)," TO CLARIFY THAT DEVELOPMENTS INCLUDING PARKING FACILITIES, RESIDENTIAL, COMMERCIAL, BUSINESS AND PROFESSIONAL OFFICES, RETAIL AND SERVICE, EATING AND DRINKING ESTABLISHMENTS, OR MIXED-USE DEVELOPMENT WITH ANY OR ALL OF SAID USES MAY BE PERMITTED IN THE PF FUTURE LAND USE CATEGORY, PURSUANT TO THE PROCEDURES IN SECTION 163.3184, FLORIDA STATUTES; AND PROVIDING FOR INCLUSION IN THE COMPREHENSIVE PLAN, TRANSMITTAL, REPEALER, SEVERABILITY, AND AN EFFECTIVE DATE.

HISTORY
On February 23, 2022, (item R7B), the City Commission referred the subject Ordinance to the Land Use and Sustainability Committee (LUSC) and the Planning Board. The sponsor of the proposal is Commissioner Ricky Arriola.

On April 8, 2022, the LUSC recommended that the Planning Board transmit the Ordinance to the City Commission with a favorable recommendation. Additionally, the LUSC recommended that the amendment be limited to the area bounded by Lincoln Lane North on the south, Alton Road on the west, 17th Street on the north, and Washington Avenue on the east.

BACKGROUND
On March 17, 2021, the City Commission adopted Resolution No. 2021-31617, authorizing the preparation of an RFP for mixed-use development incorporating Class A office space at three City-owned sites along Lincoln Lane North as well as the 17th Street parking garage (G5). On June 23, 2021, the Mayor and City Commission approved the issuance of Request for Proposals (RFP) 2021-173-KB for mixed-use developments incorporating Class A office space on City-owned parking lots P25, P26, P27, and parking garage G5. The RFP included multiple site options for proposed development.

RFP responses were due and received on January 12, 2022. The City received proposals from three (3) firms:

1. Infinity Collective LLC;
2. Lincoln Road Holdings LLC; and
3. Lincoln Road Property Owners, L.P.

On February 1, 2022, the Evaluation Committee reviewed and evaluated all proposals. Upon review of the results of the Evaluation Committee and an assessment of the proposals, the City Manager recommended that the Mayor and City Commission authorize the City Administration to:

• Negotiate with Lincoln Road Property Owner, L.P., (a joint venture among Integra Investments, Starwood Capital Group, and The Comras Company (“Integra”) with regards to P25 and P26 (Option 5), and, if the Administration is not successful in negotiating an agreement with Integra, authorizing the Administration to negotiate with TPC; and

• Negotiate with Lincoln Road Holdings LLC (a joint venture among The Peebles Corporation, Scott Robins Companies, Inc., and the Baron Corporation, aka “TPC”) with regards to P27 (Option 3). Additionally, if the Administration is not successful in negotiating an agreement with TPC, authorizing the Administration to negotiate with Integra regarding this option.

On February 23, 2022, via Resolution No. 2022-32054, the Mayor and City Commission accepted the recommendation of the City Manager and authorized the Administration to negotiate with the proposers. At present, negotiations concern only the following sites (see attached map):

·        P25 (1680 Lenox Avenue) and P26 (1080 Lincoln Lane North) combined.

·        P27 (1664 Meridian Avenue).