Miami Today: Week of Thursday, August 13, 2015

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WEEK OF THURSDAY, AUGUST 13, 2015

A Singular Voice in an Evolving City

WWW.MIAMITODAYNEWS.COM $4.00

COCONUT GROVE

TRANSPORTATION

Housing supply tight, prices rise in Grove seller’s market, pg. 13

Gables seeks firm to develop long-term traffic plan, pg. 17

WAGES UP: Total compensation costs for private industry workers rose 2.6% in the Miami-Fort Lauderdale-Pompano Beach area from June 2014 to June 2015, the US Bureau of Labor Statistics reported, compared to the 1% annual gain of a year ago. Wages and salaries, the largest component of compensation, rose 2.4% for the 12 months ended June 30, 2015 – the largest increase among the South’s five metropolitan areas (Atlanta, Dallas, Houston and Washington). Nationwide, total compensation costs rose 1.9% and wages and salaries rose 2.2% during the period.

THE ACHIEVER

BY JOHN CHARLES ROBBINS

CORAL WAY REZONING: City commissioners have approved land use and zoning changes designed to encourage development in Miami’s southwestern corner, while helping buffer a long-established Coral Way neighborhood. The changes were recently made to about 3.8 acres north of Bird Road between Southwest 37th and 39th avenues. The proposal targeted 17 parcels that are home to duplexes, a couple of single-family homes, multiple multi-family structures, the northwestern parcel of a Florida Power & Light substation and an empty lot consisting of three parcels. Commissioners OK’d changing the land use from duplex residential to low-density restricted commercial, and rezoning the land from suburban to urban. The changes will increase density from 18 dwelling units per acre to 36. FILM FEST RETURNING: The American Black Film Festival is coming back to Miami next year for its 20th anniversary, the Greater Miami Convention & Visitors Bureau announced this week. The bureau struck a three-year deal with the festival, which will be held June 15-19 next year. The event was last held in Miami in 2013. This year, the film festival is in New York City. WE’VE GOT YOUR BACK: The City of Miami has approved agreements with neighboring municipalities to receive and extend mutual aid in police services and resources to ensure safety and adequately respond to intensive situations, including natural and manmade disasters or emergencies. The municipalities are the Town of Bay Harbor Islands, Village of El Portal, City of Hialeah Gardens, Indian Creek Village, The Town of Medley, City of Miami Springs, City of Sunny Isles Beach, Town of Surfside, Bal Harbour Village, Florida City, Village of Biscayne Park and Village of Virginia Gardens. Local governments are allowed to join forces under the state’s Mutual Aid Act.

Cristina Mas

Photo by Marlene Quaroni

‘Community Builder’ honoree relishes digital change The profile is on Page 4

Insiders lay plans for mega-project’s governance BY CARLA V IANNA

The governing body that will oversee Miami Worldcenter’s Community Development District is wasting no time moving forward the mega-development just north of downtown. The new district at its organizational meeting Aug. 6 set its governmental structure, including a board of supervisors, and a proposed budget. Despite a number of residents who spoke against the developers as well as the project on 20-plus mostly vacant acres in Park West, the county approved the special district July 14. The district will become a financing mechanism for community infrastructure, facilities and services, along with the development’s ongoing operations and maintenance. A community development district is a special taxing district that may levy taxes and assessments as well as issue bonds. During Thursday afternoon’s meeting, a five-member board was appointed with John Chiste as chair, Neil Eisner as vice chair, and Steve Colamarino, Joe DiCristina and Cora DiFiore as assistant secretaries.

AGENDA

Blight fight earns city’s shot in arm

The initial board members were named in the county ordinance establishing the district. All board members are real estate or investment professionals with Encore Capital Management, a multiple fund, real estate investment and development firm. Encore was co-founded by Art Falcone and is now managed by Mr. Falcone and Nitin Motwani, both master developers for Miami Worldcenter. Craig Wrathell was elected secretary and treasurer and Rick Woodville assistant secretary. Their firm, Wrathell, Hunt & Associates, will reign as district manager. The board will typically meet monthly. By the newly elected board’s unanimous decision, each board member will receive $200 per meeting. One of two public hearings will be held at 2 p.m. Sept. 16 at a landowner election and assessment hearing. The second hearing at 2 p.m. Oct. 7 will allow the public to review and comment on the district’s proposed budgets for fiscal 2015 and 2016. The district’s fiscal year will be Oct. 1 to Sept. 30. The board unanimously approved the preliminary budgets, $54,258 for fiscal 2015

and $203,375 for fiscal 2016. The budgets cover startup costs such as fees to the interim engineer, the general counsel, the district manager, assessment role services (when bonds are issued) and insurance for board members. Minor budget adjustments will include board member pay and a higher insurance premium. The board voted to defer action on joining a statewide mutual aid agreement, in which the district could request assistance from other government agencies and vice-versa in a natural disaster. The Miami Worldcenter Community Development District is to meet next in mid-September. Formation of the district has been making its way through governing bodies since last year, when the Miami City Commission voted to support the developers’ request. Bounded by Northeast Sixth and 11th streets and between North Miami Avenue and Northeast Second Avenue, the mixeduse project plans to turn 26 acres of mostly vacant lots to residential, office, hotel, retail, restaurant and entertainment uses. Construction is to begin this quarter.

Miami commissioners have voted to keep redevelopment agencies active in communities that still need financial shots in the arm. Commissioners voted 3-1 to direct City Manager Daniel Alfonso to begin talks with Miami-Dade County to extend the lives of the Southeast Overtown/Park West (SEOPW) and Omni community redevelopment agencies. Frank Carollo voted no, saying other areas – namely Little Havana in his district – could benefit from a CRA. “I just can’t support this in good faith,” he said. Chairman Wifredo “Willy” Gort echoed some of Mr. Carollo’s comments, saying “I think all districts want a CRA,” but he sided with Marc Sarnoff and Keon Hardemon in approving the life extension vote. Francis Suarez was absent. Mr. Sarnoff reminded commissioners the Omni CRA helped buy a fire-rescue truck and six police cars. Commissioners were also reminded that the Omni CRA chipped in for the PortMiami tunnel. CRAs, by state law, allow for incremental increases in property tax revenue (tax increment financing or TIF) to be reinvested within their boundaries. The increment is calculated yearly based on property value increases within the districts, using the year they were established as a base. Taxes are split among the city, county and CRA, with the CRA getting 95% of the increment. TIF money generated in a CRA district can only be spent in that district to spur development. The SEOPW district was established in 1982 and Omni in 1986. City commissioners are their boards. The city resolution says more work is needed. It asks to extend the life of the SEOPW CRA to 2042 and Omni to 2045. Notwithstanding some positive changes, the resolution said, blight remains in the CRAs and additional public investment is vital to eliminate it.

CASH TRANSACTIONS DOMINATE RESIDENTIAL SALES ...

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CHANGE OF TENANT MIX ON THE WAY AT COCOWALK ...

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VIEWPOINT: WELCOME TO HOME OF DULLEST SLOGAN ...

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MIAMI SEEKS VISA AFFORDABLE HOUSING INVESTORS ...

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LUXURY CONDOS DRIVE SUNNY ISLES VALUES UP 16.7% ...

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ACCESS FEES COULD DETER TRI-RAIL’S COASTAL LINK ...

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CITY GARAGES TO OFFER ARTISTS AN URBAN CANVAS ...

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150 MILLION WEB BROWSERS VIEW STATE’S SHORELINE ...

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