Planning & Zoning Board - Regular Meeting

Let me record how the restaurant is. I'm going to call this meeting to order at 6 o'clock. If you could please rise and join me in the Pledge of Allegiance. I pledge allegiance to the flag of the United States of America. We need to approve the minutes from our last meeting.

Present. Okay. Roll call approval of minutes. Public comments? No? Okay. So we have two items.

Just out of curiosity, who came up with this?

Why? Somebody lobbied them and said that we need this? And were cities pushing back against this before?

Let me ask you a question. This has to be, this has to be, it's going to be a facility.

a certified recovery residence yes or but they have to find an actual property they can't just plug you into like the apartment moda they can't just pick two units there and just say hey we're gonna rent two units and put people in there i mean potentially they probably condo or a condo building they would have to literally that's an interesting question because like a residential home literally that is like a property that's one property that's a parcel or they buy a piece of land and build 20 units so let's say a 20 unit building

So going to, to George's point, can you take it out of the residential single family zoning and only allow it in like high density or commercial zone?

Does this include rehab houses for alcoholics and drug addicts?

that's why if we're formulating a process why can't we say the process has to be that hey you can come in here and ask but it has to be in a commercial or high density zone and take the entire property well that would limit them from to really a north bay village to find anything if you took it out of the residential realm i think that's what the state of florida is trying to avoid what recommendations do you have

How about we find out who sponsored it and not vote for him?

So what's Coral Gables doing or like Sarasota or?

And Miami Beach already has one, I assume? Yeah.

A little bit of this is that it's a corporation that's coming in to figure it out, but they have to be licensed by the state. The state's basically telling you you have to accept it. So, to some degree.

I mean, if you really think of this high level

Can we limit to high end? They have to be a celebrity like Kim Kardashian?

Well, I recommend approval for your sake. I know the city has to do it, so I recommend approval.

You have to pay for the sewer upgrade. Put one over in Harbor Island, for sure.

And then the commission is probably going to have something with people, public comments.

I love it. So I believe they got the points.

And they can be added to Paul's if Paul's okay with his recommendation.

So we can add those to Paul's recommendation?

Motion carries. Thank you. 6B. 6B. All right. This looks much more fun than that.

that was actually ultimately rejected by the commission okay and they said they said explore this that's what they said make it more of a bonus structure so this is going to be for rm70 and the t zone no only the t6 only t6 yeah arm 70 has what it has we're not changing okay right so this is to increase it in another 30 feet or three floors whichever is lower correct or whatever is less we want to say it and then these gentlemen are going to tell us about what what it should cost

Is the height at the roof level or above?

Can I add a little perspective to this? I might be wrong on what my thought process is, but... sunbeams in a sap yep and their height is at like 550 right yep so and and continuum was just approved for their second phase at what like 450 i think it was yeah i think i think both are a little higher right so you're talking let's just say 500 and 550 we're talking about the in-betweens and maybe on the south end of the causeway to go up 30 feet which isn't even going to touch those other two projects that's right

Okay. So tell us how much money we're going to make.

And since we're before they speak, who are you guys with? So we know like your expertise for that. Tony's going to tell us. You can stand up and talk in a microphone, please.

I just wanted to explain that part of it. It wasn't enough, right? No, but that's fine. Because that's the actual one site I see something happening on, so I'm cool. Mm-hmm.

The permits are good for what six months, six months and.

So whatever projects going forward would capture this new formula that we're going to talk about right now. If it's adopted. But the other projects that have been approved, it is what it is. Unless they expire.

But that's all right. Okay, so let's listen to this gentleman while he patiently waits, and then we'll ask some questions. Okay.

So it's basically the buildable square footage price times the extra square footage.

I'm sorry, my hearing is not great. Basically, the buildable square footage price.

And realistically, those projects aren't going to be competing because these will be already done. And if the person sat and didn't do the project now, then that's kind of their problem.

That's the point that I'm trying to make. If I may. One other question why you're going to speak to that is how's this information compared to other cities and municipalities?

They just need to pay for it. Everybody's going to want it. Do they want to pay for it? you don't want to pay for it, then just do your 200,000 square feet.

There's a few things. One. Most every project that's important to the city has already been approved, so this isn't going to affect them at all. So if you're new Johnny Joe that just came in here and bought Benihana's and turned it down because it's greasy and going to build a new condo, then you're going to be subject to this new thing. But every other project here, they've already paid or approved. The other thing, it's like being born in 1900. You had a horse and carriage. Now you have a Tesla because you were born now. So it is what it is.

Plus, you want to know why we're on the right path? It's because I don't see any developers in here standing at the podium right now. Uh-oh. Wait till the commission meeting. Well...

What do you think? As a developer, you're killing the competition between buildings. You know, if you have to pick You have land between 10 and 15. You have your hard costs or soft costs. Everything has to be 75%. We all try to make 25% profit because you never do, but you have to plan for that. So if your land price goes up substantially, you're killing how much you can build and you avoid those properties. You all know Isaac. I mean, over the last five years, we've done 31 projects in all the counties here in South Florida. And that's the formula we use for every single property. And we look

And two, if you have other people that have a bonus, then they have a big advantage over what you're doing. You sell more, you have more units, you have less price, and you make a decent profit. But you pay for a lot of bonus in the city of Miami. You pay for that, but it just depends on where it's located and what your competition is. Geography. You have to look at that, and if you can't make competitively the cost of your project at 75% of what you're going to sell it,

from writing the code, from being here through that whole process, we've allowed enough buildable square footage for the units that are there. And I don't believe there's really much more units to purchase from the city to really have to go do a lot of bonus. So if they're doing height, they're using the units that are there. They're not really... it's not going to be about a unit thing because the unit and the buildable square footage is almost on par for what the project is. And one thing, it's going to be negotiated down because they're going to come in here and negotiate and say, we're not

Well, the other thing I'll point out is that if you said city of Miami is 10 to 15 feet, most- 10, 15 bucks. Yeah, 10, 15 bucks an additional foot. I would say most people, that's a fraction of what the actual buildable price when you buy the land. So the $25 million or whatever that was, whether it was 50 bucks a foot, you know, buildable foot, then, you know, you're going to the city and only paying 10 to 15, which is, you know, 20% of what you're, what you're paying for on the land. So I don't know if it should be on, on par, if you want to take into, um, George's and Paul's thought process

So it's all going to be a negotiation. It's not going to be what it is. But if you really think about it, it's not on the buildable price per foot on the land is not on par with the bonus, obviously, but from the examples that you're saying.

Because you already have continuum higher and sunbeam higher. What's the matter with one building in the middle?

And T624MU is going to be the city hall, so they're not going to go up 400 feet because they can't afford it.

They wanted to hear your comments because they're going to discuss it again.

Does somebody want to make a motion just on the height for the ordinance? I'll second it. Roll call, please. Oh, do I have to do public comment on this?

Fantastic. Now, do you want to make a motion for you?

I want to make a recommendation for the increased amount.

Paul, do you want to add anything? No, I think you're killing development here. That's my personal opinion.

I already said a lot. Basically, I said the buildable square footage based on the land is too high. Maybe it should be a little bit more. It should be maybe somewhere in the middle. It's going to be negotiated anyway. Everything's a negotiation. It's a starting point. I was fine with continuum unlike another board member over here because they're actually breaking ground. If you move and look pretty, then you can get away with things.

I'm with everybody. Vote for me. Meeting adjourned. Wait.

Meeting has been adjourned. Oh yeah, meeting adjourned.