Also, Proposals for Lincoln Lane Parking Lots are Now Available for Review
Eight development teams submitted their development and design qualifications to the City of Miami Beach. Each of them are seeking to partner with the City for the multi-phased process to develop the 52-acre Convention Center District.
In February, the City of Miami Beach issued a Request for Qualifications (RFQ) to renovate and expand the Miami Beach Convention Center, including the development of a convention center headquarter hotel, as well as adjacent properties available for mixed-use.
“I’m excited by the opportunity that these interested companies bring to our city’s economic growth,” said Miami Beach City Manager Jorge M. Gonzalez. “And, enhance our world-renowned architectural and natural landscapes.”
The City is looking for the district to be master planned and developed holistically providing amenities to support and increase the competitiveness of the region’s convention center, while offering new public open spaces, maximizing the value of the land, and generating new revenue and jobs. The 52-acre site, wholly owned by the City of Miami Beach, is currently zoned for up to 6.2 million square feet of FAR including the existing structures built on the site.
Next month, an evaluation committee will meet to review the responses to the RFQ and make recommendations to the city manager, who will present his recommendation to the Miami Beach City Commission for its June meeting. Following an evaluation, the City will proceed to phase II of the process whereby the City will enter into negotiations with the selected short-listed proposers to arrive at an agreement on letters of intent (LOIs) and master plans. Based on the review of the negotiated LOIs and the master plans, the City Manager will recommend to the City Commission the proposer or proposers that he deems to be in the best interest of the City for approval.
The City of Miami Beach is also engaged in the public-private development of several parking lots adjacent to its popular pedestrian mall – Lincoln Road. Four development proposals were received last month in response to a Request for Proposals (RFP) that solicited proposals for public-private development on North Lincoln Lane, a small street adjacent to Lincoln Road between Alton Road and Meridian Avenue. The proposals will be evaluated in May with recommendations going before the City Commission in June.
Miami Beach expects to receive increased economic benefits and new public amenities from both projects.