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14Agenda Item No:14. City Commission Agenda Item Report Meeting Date: February 5, 2019 Submitted by: Jane Tompkins Submitting Department: Planning & Zoning Department Item Type: Ordinance Agenda Section: Subject: An Ordinance providing for a Small-Scale Map Amendment to the City of South Miami Comprehensive Plan Future Land Use Map (FLUM); expanding the boundary of the Transit Oriented Development District (TODD) future land use district by re-designating certain parcels, from Mixed-Use Commercial/Residential to Transit Oriented Development District. 3/5 (City Manager-Planning Department) Suggested Action: Attachments: Cover Memo Map Amendments MO to TODD 01.07.19.docx Ord_Re_Small_Scale_Map_Amendment__01.07.19__1_CArev (3).docx Attachment 1 List of Parcels.pdf Attachment_2 FLUM Mixed Use Comm. Resid to TODD.pdf Addendum 1 to Consultant Analysis_Traffic Impact Analysis.pdf Attachment 3 -Consultant Analysis_01282019.pdf Addendum 2 - Public School Concurrency Preliminary Analysis.pdf Attachment 4_Consultant_Analysis_for_Small_Scale_Map_Amendment___UPDATED_01.15.19_.pdf 1 CITY OF SOUTH MIAMI PLANNING & ZONING DEPARTMENT INTER-OFFICE MEMORANDUM TO:The Honorable Mayor & Members of the City Commission VIA:Steven Alexander, City Manager Jane K. Tompkins, AICP, Planning Director FROM:Silvia E. Vargas, AICP, LEED AP, Planning Consultant Calvin, Giordano & Associates, Inc. DATE:January 15, 2019 SUBJECT: I. An Ordinance providing for a Small-Scale Map Amendment to the City of South Miami Comprehensive Plan Future Land Use Map (FLUM); expanding the boundary of the Transit Oriented Development District (TODD) future land use district by re-designating certain parcels, from Mixed-Use Commercial/Residential to Transit Oriented Development District. II. An Ordinance amending the City of South Miami Official Zoning Map to advance Goals of the Comprehensive Plan Future Land Use Element and the purpose of the Transit-Oriented Development District by rezoning certain parcels from Medium-Intensity Office (MO) to Transit-Oriented Development District Mixed Use 5 (TODD MU-5). SUMMARY: Initiated by:City of South Miami Purpose:The purpose of the Small-Scale Map Amendment is to expand the City’s Transit Oriented Development District, consistent with Policy FLU 3.1.4 of the Future Land Use Element of the Comprehensive Plan, in order to strengthen the tax base and support the revitalization of the City’s Community Redevelopment Area. The concurrent rezoning of the same parcels from Medium-Intensity Office (MO) to TODD MU-5 will make the boundary of the TODD zoning district consistent with the proposed FLUM amended boundary. The rezoning will further Goal 3 of the Future Land Use Element of the Comprehensive Plan. Subject Parcels:Refer to Attachments 1 and 2 for parcel identification by folio number, address and mapped location. 2 City of South Miami City Commission Cover Memo: Small-Scale FLUM Map and Zoning Map Amendment January 15, 2019 Page 2 of 4 2 | P a g e BACKGROUND: The City of South Miami has had a transit-oriented development future land use district and future land use designation as far back as 1995. The TODD zoning districts were established to enact the TODD in 1996-1997.However, development and redevelopment of land within the district have been noticeably slow. Calvin, Giordano & Associates, Inc. (CGA)was retained by the City to help determine whether the current TODD boundary and applicable policies and regulations implement the TODD vision effectively.The consultant study included reviewing an area of approximately four (4) acres of land, encompassing twelve (12) parcels in one and a half blocks generally westward of the Metrorail Station parking garage, generally bound by SW 59th Place to the east, SW 70th Street to the north, SW 61st Court to the west, and SW 71st Street to the south. Figure 1. Location and Context Map These parcels are not part of the TODD and are currently designated Mixed-Use Commercial/Residential in the FLUM.Due to their current future land use designation and zoning, this group of parcels effectively splits the TODD into two disconnected halves, as shown above. TODD TODD Subject Parcels Source: Google Maps aerial 3 City of South Miami City Commission Cover Memo: Small-Scale FLUM Map and Zoning Map Amendment January 15, 2019 Page 3 of 4 3 | P a g e FLU Policy 3.1.4 of the Comprehensive Plan’s Future Land Use Element requires the City to maintain and, as appropriate, expand the TODD boundaries outlined on the Future Land Use Plan Map. The expansion of the TODD boundaries through the re-designation of these parcels is supported by and is consistent with this policy. Re-designating the land encompassed in this “gap” area to TODD will strengthen the TODD by improving the cohesion of the district, while expanding the opportunities for redevelopment compatible with the emerging character of the transit-oriented district and consistent with its intent. The consultant also recommends rezoning the parcels to TODD MU-5, for congruence with the FLUM amendment, to stitch together the two halves of the TODD. PROPOSED AMENDMENTS: I. Small-Scale Map Amendment:The City proposes to amend the Comprehensive Plan’s Future Land Use Map (FLUM) via a Small-Scale Map Amendment, to re-designate the aforementioned parcels from Mixed-Use Commercial/Residential to TODD, as shown in Figure 2. Figure 2. Proposed Small-Scale Map Amendment (map excerpt) 4 City of South Miami City Commission Cover Memo: Small-Scale FLUM Map and Zoning Map Amendment January 15, 2019 Page 4 of 4 4 | P a g e The consultant analysis (attached) determined that the proposed amendment is consistent with the intent of the Comprehensive Plan, will not negatively impact the existing or future mix of surrounding uses, and can meet all concurrency requirements for Levels of Service Standards II. Zoning Map Amendment: The City also proposes to amend the official Zoning Map as shown in Figure 3 on the following page. Figure 3. Proposed Rezoning (map excerpt) The proposed rezoningisin compliance with the requirements of Section 20-5.7 of the City’s Land Development Code, and are compatible with the character of recent and planned development. RECOMMENDATION: It is recommended that the City Commission approve the proposed amendments, as presented. The Small-Scale Map Amendment will be transmitted for review to the Florida Department of Economic Opportunity (DEO) and other agencies at the state, regional, and local levels, as required by State law. ATTACHMENTS: 1) List of Subject Parcels 2) Draft Ordinance 3) Consultant Analysis (prepared by Calvin, Giordano & Associates, Inc), dated 12/12/18 4) Proposed FLUM and Zoning Map Amendment, 11X17 maps 5 Page 1 Ordinance No. _____________________1 An Ordinance providing for a Small-Scale Map Amendment to the City of 2 South Miami Comprehensive Plan Future Land Use Map (FLUM); expanding 3 the boundary of the Transit Oriented Development District (TODD) future 4 land use district by re-designating certain parcels, from Mixed-Use 5 Commercial/Residential to Transit Oriented Development District.6 7 WHEREAS, the City of South Miami established a Transit-Oriented Development District 8 (TODD) in 1996; and9 WHEREAS, the City Commission wished to determine whether the existing TODD boundary and 10 applicable policies and regulations still serve the TODD district’s vision adequately; and 11 WHEREAS, the City retained Calvin, Giordano & Associates, Inc. (CGA) to studythe TODD and 12 its surrounding area and to make recommendation regarding potential changes to the applicable policies, 13 boundary, strategies and tools that implement the TODD; and14 WHEREAS, the consultant’s scope of work included reviewing an area of approximately four (4) 15 acres, encompassing one and a half blocks located west of the Metrorail Station, generally bound by SW 16 59th Place to the east, SW 70th Street to the north, SW 61st Court to the west, and SW 71st Street to the 17 south, as identified in Attachment 1; and18 WHEREAS, the land in question is currently not part of the TODD and is currently designated 19 Mixed-Use Commercial/Residential; and 20 WHEREAS, the existing future land use designation of this land effectively splits the TODD into 21 two disconnected halves; and22 WHEREAS, the consultant recommended amending the Comprehensive Plan’s Future Land Use 23 Map, by re-designating the land in question from Mixed-Use Commercial/Residential to Transit-Oriented 24 Development District (TODD); and25 WHEREAS,the proposed amendment will strengthen and improve the cohesion of the TODD 26 district, while allowing future development and redevelopment that is compatible with the expected27 character of the transit-oriented district and consistent with its intent; and28 WHEREAS, the City Commission wishes to accept the recommendation to amend the 29 Comprehensive Plan’s Future Land Use Map; and 30 WHEREAS, FLU Policy 3.1.4 of the Comprehensive Plan’s Future Land Use Element states that31 “the City shallmaintain and, as appropriate, expand the TransitOriented Development Districts delineated 32 on the Future Land Use Plan Map. Development and redevelopment in these districts shall occur in 33 accordance with adopted development and redevelopment plans and the land development regulations, and 34 shall not adversely impact surrounding neighborhoods and uses”; and 35 6 Page 2 WHEREAS, expanding the TODD boundary through the re-designation of the future land use of36 these parcels is supported by and consistent with this policy; and 37 WHEREAS, it was determined that the proposed amendment complies with Section 163.3187, F. 38 S., which outlines the process and criteria for adoption of small-scale comprehensive plan amendments, 39 since the proposed amendment (a) involves less than 10 acres; (b) is limited to a land use change to the 40 future land use map and does not involve a text change to the goals, policies, and objectives of the City’s41 comprehensive plan; and (c) does not exceed the maximum of 120 acres of cumulative annual acreage for 42 all small-scale development amendments adopted by the City during the current calendar year.43 NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COMMISSION 44 OF THE CITY OF SOUTH MIAMI, FLORIDA:45 Section 1.The foregoing recitals are hereby ratified and incorporated by reference as if 46 fully set forth herein and as the legislative intent of this Ordinance. 47 Section 2. The City of South Miami Comprehensive Plan Future Land Use Map is 48 hereby amended as provided in “Attachment 2” titled “Mixed Use Commercial / Residential to 49 TODD Future Land Use Map Proposed Small-Scale Map Amendment DRAFT 1/7/2019”, which 50 is attached hereto and made a part of this Ordinance.51 `Section 3. The City Commission incorporates by reference the supporting analysis52 provided in “Attachment 3” titled “Calvin, Giordano g Associates, Inc. Memorandum” dated 53 January 15, 2019, and “Attachment 4” titled City of South Miami Small-Scale Map Amendment 54 to Expand the Transit Oriented Development District dated January 15, 2019 and the addenda to 55 Attachment 4, to wit: “Addendum 1: Traffic Impact Analysis“ and “Addendum 2 - Public 56 School Concurrency Preliminary Analysis” all of which are attached hereto and made a part of 57 this Ordinance.58 59 Section 4. Transmittal.The City Manager or designee is authorized to transmit this 60 Ordinance to the appropriate reviewing agencies following the Small-Scale Map Amendment 61 review process outlined in Section 163.3187, F.S.62 Section 5. Severability. If any section, clause, sentence, or phrase of this ordinance is for 63 any reason held invalid or unconstitutional by a court of competent jurisdiction, this holding shall 64 not affect the validity of the remaining portions of this ordinance. 65 Section 6. Ordinances in Conflict. All ordinances or parts of ordinances and all sections and 66 parts of sections of ordinances in direct conflict herewith are hereby repealed. 67 Section 7. Effective Date. Pursuant to Florida Law and its interpretation by the Florida 68 Department of Economic Opportunity, the Comprehensive Plan amendment adopted by this Ordinance 69 shall become effective, if no challenge to the amendment is timely filed by an affected party or the State 70 Land Planning Agency, thirty-one (31) days after the State Land Planning Agency (“Agency”) notifies the 71 City that the amendment package is complete. If this ordinance is challenged within thirty (30) days after72 passage of the ordinance by an affected party, or by the Agency within thirty (30) days of receipt of the 73 7 Page 3 amendment package, the Comprehensive Plan amendment(s) shall become effective if and when a final 74 order is issued by the State Land Planning Agency or the Administration Commission, determining that the 75 adopted Comprehensive Plan amendment is in compliance.76 77 PASSED AND ENACTED this ____ day of _____________, 2019.78 ATTEST:APPROVED:79 80 ________________________________________________81 CITY CLERK MAYOR82 1st Reading 83 2nd Reading 84 85 READ AND APPROVED AS TO FORM:COMMISSION VOTE:86 LANGUAGE, LEGALITY AND Mayor Stoddard:87 EXECUTION THEREOF Vice Mayor Harris: 88 Commissioner Gil:89 Commissioner Liebman:90 ________________________Commissioner Welsh:91 CITY ATTORNEY92 8 ATTACHMENT 1 PARCELS PROPOSED FOR REZONING FROM MEDIUM DENSITY OFFICE TO TODD MU-5 Folio Address Lot Size (sq. ft.) Ownership 09‐4025‐025‐0011 7000 SW 59 PL, South  Miami, FL 33143‐3528 9,696 LARKIN COMMUNITY HOSPITAL INC 09‐4025‐025‐0010 7090 SW 59 PL, South  Miami, FL 33143‐3528 8,334 ROBERT & WILLIAM SPIEGEL 09‐4025‐011‐0240 5959 SW 71 ST, South  Miami, FL 33143‐3599 35,700 CASA BELLA TOY 14 INC & FRAISANT  ENTERPRISES CO 09‐4025‐011‐0200 5996 SW 70 ST, South  Miami, FL 33143‐3540 11,900 LARKIN COMMUNITY HOSPITAL INC 09‐4025‐011‐0190 7001 SW 61 AVE, South  Miami, FL 33143‐3420 5,618 DALEX REAL EST HOLDINGS LLC 09‐4025‐011‐0180 7019 SW 61 AVE, South  Miami, FL 33143‐3420 9,345 GEORGE MICHEL TRS JACK J MICHEL  2010 IRREV TRUST 09‐4025‐011‐0270 5995 SW 71 ST, South  Miami, FL 33143‐3531 & 2  unumbered lots 21,876 5995 SW 71 ST LLC 09‐4025‐011‐0150 7000 SW 61 AVE, South  Miami, FL 33143‐3419         (7020 SW 61 AVE, South  Miami, FL 33143‐3419) 13,400 SO FLA ASC LAND LLC 09‐4025‐070‐0001 6140 SW 70 ST, South  Miami, FL 33173 7,200 N/A 09‐4025‐011‐0130 7040 SW 61 AVE, South  Miami, FL 33143‐3450 31,380 CAL B ROSENBAUM 09‐4025‐027‐0090 7109 SW 61 CT, South  Miami, FL 33143‐3424 3,760 CALMON B ROSENBAUM TRS LAND  TRUST 09‐4025‐011‐0120 7090 SW 61 AVE, South  Miami, FL 33143‐3450 13,400 SOUTH MIAMI MASONIC LODGE #308 Total land (sq. ft.)*171,609 Total land (acres)*3.94 9 Mixed Use Commercial / Residential to TODD Future Land Use Map Proposed Small-Scale Map Amendment DRAFT 1/7/2019 TOFROM Todd BoundaryTodd Boundary 10   1    ADDENDUM 1: TRAFFIC IMPACT ANALYSIS   Parcels Re‐Designated from Mixed‐Use Commercial Residential (MU‐C/R) to Transit‐Oriented  Development District (TODD) Future Land Use   (Moderate Intensity Office to TODD MU‐5 zoning)  January 7, 2019  The estimated maximum intensity of retail, office and residential uses in the subject area, under existing  conditions and following the proposed amendment are shown in Table 1. The proposed amendment  increases the area available for retail and office uses, and adds 140 multi‐family dwelling units.  Table 2 estimates the vehicle trips from the maximum existing possible collection of land uses using  information from the Institute of Transportation Engineers (ITE) Trip Generation Manual., 10th ed..  Trip  generation formulae are used if available, and if the land use intensity is within the normal range of ITE  data.  ITE Land Use #820, Shopping Center is used to estimate the trip volume from an unknown  collection of potential retail uses.  The intensity of retail is below the normal range of intensities for this  Table 1 – Existing and Proposed Uses  Estimated Development Capacity Based on Current Zoning Current Zoning Current Land Area (ac) Sq. Ft. Permitted Max Height Re- develop- ment Goal Potential Bldg Floor Area from Redevelop- ment (incl Parking) Potential Bldg Floor Area from Re- develop- ment (Excl Parking) New Retail Floor Area (0.3) New Office Floor Area (2) New Residential Units MO 3.94 171,626 4 0.5 343,253 171,626 15,618 104,006 - Estimated Expanded TODD Development Capacity Based on Proposed Zoning Proposed Zoning Proposed Land Area (ac) Sq. Ft. Proposed Max Height Re- develop- ment Goal Potential Bldg Floor Area from Redevelop- ment (incl Parking) New Max Bldg Floor Area New Retail (0.3) New Office (2) New Residential Units TODD MU-5 3.94 171,626 8 0.8 1,098,406 768,884 69,968 465,944 140 Approx Mix Ratio Based on Market Assessment (0.3:2:1) Approx Mix Ratio Based on Market Assessment (0.3:2:1) 11   2    land use and the average rates are used as a result. The pass‐by capture rate uses the formula contained  in the 9th edition of the ITE Trip Generation Handbook. Pass‐by capture is applied only to PM peak period  trip estimates, the only period in which data was collected. The AM peak and daily trip generation  estimates are conservative to some degree given an unknown amount of pass‐by capture that could be  deducted from both.  While internal capture is possible between retail and office uses, Table 3 demonstrates that the retail  intensity is insufficient to make them quantifiable in this collection of uses using the methodology in the  ITE Trip Generation Handbook 9th ed.. Reduced by pass‐by captured trips, the net peak hour generation  (virtually identical for both AM and PM) is estimated at 139 two‐way trips.      Table 2 – Trip Generation for Existing Uses  Rate (1) or Eqn. (2)PM Peak Hour AM Peak Hour Use Daily AM PM Trips Daily Traffic In Out Total In Out Total Shopping Center 820 K Square Feet 15.618 1 1 1 Total 590 29 31 60 9 6 15 Internal 0.0 0 0 0 External 29 31 60 Pass-By 66.7202040 Net New 9 11 20 General Office Building 710 K Square Feet 104.01 2 2 2 1,102 19 99 118 107 17 124 Office Total 104.01 Total 1,102 19 99 118 107 17 124 Internal 0.0 0 0 0 Net New 19 99 118 Total Total 1,692 48 130 178 116 23 139 Internal 0.0 0 0 0 External 48 130 178 Pass-By 202040 Net New 28 110 138 Trip Generation Rates from ITE Trip Generation 10th Ed. Shopping Center Pass By Capture Rate from ITE Trip Generation Handbook 9th Ed. ITE LU# Measurement Unit # of Units Capture Rate 12   3      Table 4 develops the trip generation for the proposed collection of uses, and Table 5 develops the  internally captured trips possible between this collection of uses.  Reduced by pass‐by and internally  captured trips, the net peak hour generation (PM) is estimated at 660 two‐way trips.   Table 3 – Internal Trip Capture for Existing Uses  PM Peak Hour Trips Internal External Total Group Uses In Out In Out In Out 1 Retail Total 0 0 29 31 29 31 0.0 2 Residential Total 0 0 0 0 0 0 0.0 3 Office Total 0 0 19 99 19 99 0.0 Total 0 0 48 130 48 130 0.0 Interaction Max % # Trips From Office to Retail 23 22.8 To Retail from Office 2 0.6 Office to Retail 0 From Retail to Office 3 0.9 To Office from Retail 31 5.9 Retail to Office 0 From Office To Residential 2 0.0 To Residential from Office 2 0.0 Office to Residential 0 From Residential to Office 0 0.0 To Office from Residential 0 0.0 Residential to Office 0 From Retail to Residential 12 0.0 To Residential from Retail 31 0.0 Retail to Residential 0 From Residential to Retail 53 0.0 To Retail from Residential 9 0.0 Residential to Retail 0 Maximum Directional Capture Rates from ITE Trip Generation Handbook, 9th. Ed., Tables 7.1 and 7.2 Cap- ture Rate 13   4       Table 4 – Trip Generation for Proposed Uses  Rate (1) or Eqn. (2)PM Peak Hour AM Peak Hour Use Daily AM PM Trips Daily Traffic In Out Total In Out Total Shopping Center 820 K Square Feet 69.968 1 1 1 Total 2,641 128 139 267 41 25 66 Internal 10.5131528 External 115 124 239 Pass-By 43.1 52 52 103 Net New 63 72 136 Multifamily Housing (Mid-Rise)221 Dwelling Units 140 2 2 2 761 37 24 61 12 36 48 Residential Total 140 Total 761 37 24 61 12 36 48 Internal 36.1111122 Net New 26 13 39 General Office Building 710 K Square Feet 465.944 2 2 2 4,721 79 412 491 399 65 464 Office Total 465.94 Total 4,721 79 412 491 399 65 464 Internal 1.2 4 2 6 Net New 75 410 485 Total Total 8,123 244 575 819 452 126 578 Internal 6.8 28 28 56 External 216 547 763 Pass-By 52 52 103 Net New 164 495 660 Trip Generation Rates from ITE Trip Generation 10th Ed. Shopping Center Pass By Capture Rate from ITE Trip Generation Handbook 9th Ed. ITE LU# Measurement Unit # of Units Capture Rate 14   5       Table 5 – Internal Trip Capture for Existing Uses  PM Peak Hour Trips Internal External Total Group Uses In Out In Out In Out 1 Retail Total 13 15 115 124 128 139 10.5 2 Residential Total 11 11 26 13 37 24 36.1 3 Office Total 4 2 75 410 79 412 1.2 Total 28 28 216 547 244 575 6.8 Interaction Max % # Trips From Office to Retail 23 94.8 To Retail from Office 2 2.6 Office to Retail 2 From Retail to Office 3 4.2 To Office from Retail 31 24.5 Retail to Office 4 From Office To Residential 2 8.2 To Residential from Office 2 0.7 Office to Residential 0 From Residential to Office 0 0.0 To Office from Residential 0 0.0 Residential to Office 0 From Retail to Residential 12 16.7 To Residential from Retail 31 11.5 Retail to Residential 11 From Residential to Retail 53 12.7 To Retail from Residential 9 11.5 Residential to Retail 11 Maximum Directional Capture Rates from ITE Trip Generation Handbook, 9th. Ed., Tables 7.1 and 7.2 Cap- ture Rate 15   6    Figure 1 shows that the subject area is within Traffic Analysis Zone (TAZ) number 1118 as used in the  Miami‐Dade Long Range Transportation Plan Directional Trip Distribution Report.   Figure 2 shows an excerpt from that report, highlighting the 2010 directional trip distribution  percentages for use in distributing estimated trips generated form or destined to TAZ 1118.  Figure 3 shows the distribution percentages as they are published (leftmost) alongside a couple of  alternatives that either sum them to align with the four main compass headings, or average them to  align with the most frequently used eight headings, which are used in this analysis.   Figure 4 depicts an estimate of how traffic generated in the subject area would distribute to the  surrounding road network.  Around the edge of the figure are the eight percentages from the rightmost  arrangement in Figure 3. The percentages assigned to each road segment assume some dispersion when  a street grid is available, and recognize that only some segments have the connectivity to attract long  distance trips. Figure 1 – Subject Area TAZ  1118  16  7      Figure 2 – Trip Distribution Report Excerpt 17  8    Figure 3 – TAZ 1118 Trip Distribution Percentages Year 2010TAZ 111813.7 17.411.4 15.6 16.99.0 16.315.3 9.121.5 1.816.9 3.519.2 10.2 2.7SSS20.4EWNNN31.1EWEW30.5 18.1 18  9    Figure 4 –Trip Distribution Percentages by Road Segment 15.611.47.8 7.811.4 5.7 4.816.95.7 8.7 4.87.85.7 4.8 3.916.93.99.6 13.520.815.315.3 15.3 24.9 9.1 9.19.119.2 2219.2 12.919.219.210.22.7SW 56th St.SW 67th AveNSW 72nd Ave.Sw 57th Ave.SW 64h St.SW 72nd  St.SW 72nd  St.SW 62nd Ave.SW 80th  St.SW 64h St.SW 56th St.SW 80th  St.SW 67th AveSw 57th Ave. 19   10    Figure 5 shows excerpts from roadway databases maintained by Miami‐Dade County for state and  county facilities, the source used for roadway information in this analysis. The service volumes are peak  hour two‐way.  Table 6 contains the road segments in Figure 4 for which information was available in the traffic  databases. The trip distribution percentages shown in Figure 4 are applied to the potential new traffic  (the difference between the peak hour two‐way trips from Tables 2 and 4) to determine the new traffic  on each segment. This volume is compared to the segment’s minimum standard level of service volume.  There are no segments on which the new traffic will exceed five percent of this service volume, and  consequently no analyses of existing or future conditions were developed.  The number of trips estimated using the ITE Trip Generation Manual were not reduced by an assumed  non‐auto mode share in the existing or proposed conditions. It is not appropriate to reduce ITE  generated trip estimates in this way without first knowing how many of the total trips to and from the  studied sites that compose the ITE data were by non‐auto modes. Put another way, if non‐auto mode  shares were the same everywhere, then they are already accounted for in ITE trip generation estimates,  which are for vehicle trips only. 20  11      Figure 5 ‐ Miami‐Dade County Roadway Database Excerpts Miami‐Dade  STA. ROADWAY LOCATION CLMAX LOS PHP STARTDOS TRIPSAVAIL‐ ABLE TRIPS 5% 10%EXIST‐ ING LOSADOPT‐ ED LOSCON‐ CUR‐ RENCY LOS9242 LUDLAM RD/SW 67 AVE S/O BIRD RD/SW 40 ST SW 40 ST TO SW 56 ST 2 1269 1344 ‐75 14 ‐89 1 0 F E E+79243 LUDLAM RD/SW 67 AVE N/O SW 72 ST SW 56 ST TO US 1 2 1269 859 4106 404 0 0 D E D9260 MILLER DR/SW 56 ST W/O RED RD/SW 57 AVE TO SW 67 AVE 2 1269 1349 ‐80 0 ‐80 1 0 F E E+69261 MILLER DR/SW 56 ST W/O SW 69 AVE BET SW 67 AVE ‐ SR 826 4 32222563 659 0 659 0 0 C E C9634 SW 57 AVE N/O SW 72 ST TO SOUTH DIXIE HWY 4 4104 1329 2775 4 2771 00DE+50D9656 SW 72 ST W/O CARTAGENA CIR. COCOPLUM PLAZA TO 57 AV 2 1269 937 332 23 309 0 0 D E D9684 SW 72 AVE S/O BIRD DR/SW 40 ST TO SW 56 ST 4 4833 1266 3567 5 356200CE+50C9686 SW 72 AVE S/O SW 56 ST TO SW 72 ST 2 1903 1266 637 0 637 0 0 E E+50 E9688 SW 72 AVE S/O SW 72 ST TO SW 80 ST 1 1903 1371 532 8 524 0 0 F E+50 E+8FDOT Traffic StationsSTA. ROADWAY LOCATION CLMAX LOS PHP STARTDOS TRIPSAVAIL‐ ABLE TRIPS 5% 10%EXIST‐ ING LOSADOPT‐ ED LOSCON‐ CUR‐ RENCY LOS34 SR 959/RED RD/SW 57 AV 200' N SR 5/US‐1 A 2 1130 1806 ‐676 0 ‐676 1 0 FEE+5970 SW 72 ST/SUNSET DR US‐1 TO SW 67TH AVE A 4 2920 1869 1051 0 1051 0 0 D ED127 SR 5/US‐1 400' E OF SW 57 AVE. A 6 8085 5158 2927 0 2927 0 0 C E+50 C164 SR 5/US‐1 200' S DAVIS ST/SW 80 ST A 6 8085 5600 2485 134 2351 0 0 F E+50 E+61067 SR 986/SUNSET DR 200' E SR 826 A 4 3580 2950 630 0 630 0 0 C E C 21  12    Table 6 – Study Area Roadway Segments Seg‐ ment Num‐ ber Roadway Station Location Analysis SegmentState/ CountySeg‐ ment #Road‐ way TypeMin. Std. Serv‐ ice Vol‐ ume Peak Hour 2‐ WayPercent of Project Traffic on the Seg‐ mentProject Incre‐ mental Traffic on the Seg‐ ment ‐ Peak Hr 2‐ WayProject Traffic as a Per‐ cent‐ age of the Serv‐ ice Vol‐ umeSignif‐ icant Yes/ No1 SR 5/US‐1 200' S DAVIS ST/SW 80 ST West of SW 62nd Ave State 164 A 6 8085 19.2 100 1.2 No2 SR 5/US‐1 400' E OF SW 57 AVE. East of SW 62nd Ave State 127 A 6 8085 20.8 108 1.3 No3 SR 986/SUNSET DR 200' E SR 826 West of SW 67th Ave State 1067 A 4 3580 15.3 80 2.2 No4 SW 72 ST/SUNSET DR US‐1 TO SW 67TH AVE SW 67th Ave to US‐1 State 70 A 4 2920 24.9 130 4.5 No5 SW 72 ST W/O CARTAGENA CIR. COCOPLUM PLAZA TO 57 AV East of US‐1County 9656 2 1269 9.1 47 3.7 No6 MILLER DR/SW 56 ST W/O RED RD/SW 57 AVE TO SW 67 AVE SW 57th Ave to SW 67th Ave County 9260 2 1269 4.8 25 2.0 No7 MILLER DR/SW 56 ST W/O SW 69 AVE BET SW 67 AVE ‐ SR 826 West of SW 67th Ave County 9261 4 3222 11.4 59 1.8 No8 SR 959/RED RD/SW 57 AV 200' N SR 5/US‐1 North of US‐1 State 34 A 2 1130 7.8 41 3.6 No9 SW 57 AVE N/O SW 72 ST TO SOUTH DIXIE HWY SW 72nd St. to US‐1 County 9634 4 4104 0.0 010 LUDLAM RD/SW 67 AVE S/O BIRD RD/SW 40 ST SW 40 ST TO SW 56 ST North of SW 56th St. County 9242 2 1269 7.8 41 3.2 No11 LUDLAM RD/SW 67 AVE N/O SW 72 ST SW 56 ST TO US 1 US‐1 to SW 56th St. County 9243 2 1269 9.6 50 3.9 No12 SW 72 AVE S/O BIRD DR/SW 40 ST TO SW 56 ST North of SW 56th St.County 9684 4 4833 0.0 013 SW 72 AVE S/O SW 56 ST TO SW 72 ST SW 56th St. to SW 72nd St. County 9686 2 1903 5.7 30 1.6 No14 SW 72 AVE S/O SW 72 ST TO SW 80 ST SW 72nd st. to SW 80th St. County 9688 1 1903 0.0 0Existing Peak Hour Two Way Trips 139Proposed Peak Hour Two Way Trips 660Incremental Peak Hour Two Way Trips 521 22 Map Source: Google Earth Calvin, Giordano g Associates, Inc. 001....-EXCEPTIONAL SOLUTIONS' Memorandum 0 Fort Lauderdale Office • 1800 Eller Drive • Suite 600 • Fort Lauderdale, FL 33316 • 954.921.7781(p) • 954.921.8807(f) Miami-Dade Office • 10800 Biscayne Boulevard • Suite 950 • Miami, FL 33161 • 786.485.5200(p) • 786.485.1520(f) Date: January 15, 2019 To:Jane K. Tompkins, AICP, City of South Miami Planning and Zoning Director From: Silvia E. Vargas, AICP, LEED AP, Calvin, Giordano & Associates, Inc. Subject: Transit Oriented Development District (TODD) Project: Analysis of TODD Land Use, Zoning, Development & Market Conditions & Trends CC: 1. Overview and Purpose Figure 1 The City of South Miami has had a transit-oriented development district SoulfiMiami Transit Oriented Development District firs City of South Miami (TODD) as far back as the mid 1990's (Figure 1). However, the redevelopment of land located within the district have been comparatively slow. This may be due, in part, to the natural progression of development markets and to the ups and downs of economic conditions in the last two decades, or the current regulations may have discouraged development. At this time, the City of South Miami wishes to consider whether its TODD policy and regulatory framework still effectively serves the original vision for that district. To assist in providing analysis and recommendations to inform decision- making, the City has retained Calvin, Giordano & Associates, Inc. (CGA) and its subconsultant Lambert Advisory Services to complete an analysis of the TODD (represented in Figure 1 by the blue boundary) for the purpose of determining the need and appropriateness of amending the Comprehensive Plan policies and/or the corresponding regulations in the Land Development Code (LDC), as they pertain to this district. A particular focus of this study are those parcels within the district that are zoned TODD Light Industrial 4 (TODD 1 1  Memorandum ☐Fort Lauderdale Office ∙ 1800 Eller Drive ∙ Suite 600 ∙ Fort Lauderdale, FL 33316 ∙ 954.921.7781(p) ∙ 954.921.8807(f) ☒Miami‐Dade Office ∙ 10800 Biscayne Boulevard ∙ Suite 950 ∙ Miami, FL 33161 ∙ 786.485.5200(p) ∙ 786.485.1520(f) Date: January 15, 2019  To: Jane K. Tompkins, AICP, City of South Miami Planning and Zoning Director  From: Silvia E. Vargas, AICP, LEED AP, Calvin, Giordano & Associates, Inc.  Subject: Transit Oriented Development District (TODD)  Project: Analysis of TODD Land Use, Zoning, Development & Market Conditions & Trends  CC:  1.Overview and Purpose  The City of South Miami has had a transit‐oriented development district (TODD) as far back as the mid 1990’s (Figure 1).  However, the redevelopment of land located within the district have been comparatively slow.  This may be due, in part, to the natural progression of development markets and to the ups and downs of  economic conditions in the last two  decades, or the current regulations  may have discouraged development.  At this time, the City of South Miami  wishes to consider whether its TODD  policy and regulatory framework still  effectively serves the original vision  for that district.   To assist in providing analysis and  recommendations to inform decision‐ making, the City has retained Calvin,  Giordano & Associates, Inc. (CGA)  and its subconsultant Lambert  Advisory Services to complete an  analysis of the TODD (represented in  Figure 1 by the blue boundary) for  the purpose of determining the need and appropriateness of amending the Comprehensive Plan policies  and/or the corresponding regulations in the Land Development Code (LDC), as they pertain to this district.  A  particular focus of this study are those parcels within the district that are zoned TODD Light Industrial 4 (TODD  Map Source: Google Earth  Figure 1 TODD Light Industrial 4 (LI-4) 23 Calvin, Giordano g Associates, Inc. EXCEPTIONAL SOLUTIONS' Memorandum LI-4), which exist to the northeast and north of the South Miami Metrorail Station (represented in Figure 1 by the red boundary). To date, the consultant team's study has completed the following component steps: 1. Broad review of existing conditions and trends related to demographics, socioeconomics, housing, land use and development, summarized in Section 4 of this memorandum; 2. Preparation of a high-level assessment of market and economic conditions, summarized in Section 4.g of this memorandum (refer to Appendix 1); and 3. Development of a generic massing model exercise and calculations to help visualize a theoretical "maximum development" scenario of TODD based on the market assessment. (refer to Appendix 2 and Appendix 3). 4. A public workshop to review the consultant team's findings and preliminary recommendations with the City Commission, Planning Board, Community Redevelopment Agency Board, residents, business owners and property owners. The consultant team used the feedback obtained at the workshop (summarized in Appendix 4), to finalize recommendations regarding potential amendments to the LDC related to the TODD. 2. Summary of Recommendations The massing model generated by CGA hypothesizes the effect of certain potential changes to the TODD policies, the land use and zoning maps, and development regulations, consistent with FLU Goal 3, Objective 3.1, and Policy 3.1.1; specifically: • Rezoning land from TODD MU-4 to TODD MU-5, allowing for redevelopment up to 8 stories through existing bonuses. • Expanding the boundary of the TODD, consistent with Policy FLU 3.1.4 of the Comprehensive Plan, by amending the land use of the "gap" parcels that divide the two "halves" of the TODD from Mixed Use Commercial/Residential (MU-C/R) to TODD. • Rezoning the "gap" parcels from Medium Density Office (MO) to TODD MU-5 on the Zoning Map. • Allowing redevelopment up to 12 stories through earned bonuses, in those areas of the district closest to the South Miami Metrorail Station by creating a new multi-story, mixed-use TODD zoning subcategory called MU-6). • Rezoning land from TODD LI-4 to the new TODD MU-6 zoning category on the Zoning Map. • Bonuses for TODD MU-6 to build above the base number could include items that meet various City goals (e.g., sustainability, affordable housing, etc.): ▪ providing a percent of workforce or affordable housing units (e.g., 10%+ of the units); ▪ Assembling a minimum amount of contiguous acreage (e.g., 1 acre) to make up a larger redevelopment site. 2   2    Memorandum LI‐4), which exist to the northeast and north of the South Miami Metrorail Station (represented in Figure 1 by  the red boundary).   To date, the consultant team’s study has completed the following component steps:    1. Broad review of existing conditions and trends related to demographics, socioeconomics, housing, land use  and development, summarized in Section 4 of this memorandum;   2. Preparation of a high‐level assessment of market and economic conditions, summarized in Section 4.g of  this memorandum (refer to Appendix 1); and  3. Development of a generic massing model exercise and calculations to help visualize a theoretical  “maximum development” scenario of TODD based on the market assessment. (refer to Appendix 2 and  Appendix 3).  4. A public workshop to review the consultant team’s findings and preliminary recommendations with the  City Commission, Planning Board, Community Redevelopment Agency Board, residents, business owners  and property owners.  The consultant team used the feedback obtained at the workshop (summarized in  Appendix 4), to finalize recommendations regarding potential amendments to the LDC related to the  TODD.    2. Summary of Recommendations  The massing model generated by CGA hypothesizes the effect of certain potential changes to the TODD  policies, the land use and zoning maps, and development regulations, consistent with FLU Goal 3, Objective  3.1, and Policy 3.1.1; specifically:    Rezoning land from TODD MU‐4 to TODD MU‐5, allowing for redevelopment up to 8 stories through  existing bonuses.       Expanding the boundary of the TODD, consistent with Policy FLU 3.1.4 of the Comprehensive Plan, by  amending the land use of the “gap” parcels that divide the two “halves” of the TODD from Mixed Use  Commercial/Residential (MU‐C/R) to TODD.     Rezoning the “gap” parcels from Medium Density Office (MO) to TODD MU‐5 on the Zoning Map.     Allowing redevelopment up to 12 stories through earned bonuses, in those areas of the district  closest to the South Miami Metrorail Station by creating a new multi‐story, mixed‐use TODD zoning  subcategory called MU‐6).     Rezoning land from TODD LI‐4 to the new TODD MU‐6 zoning category on the Zoning Map.   Bonuses for TODD MU‐6 to build above the base number could include items that meet various City  goals (e.g., sustainability, affordable housing, etc.):   providing a percent of workforce or affordable housing units (e.g., 10%+ of the units);   Assembling a minimum amount of contiguous acreage (e.g., 1 acre) to make up a larger  redevelopment site. 24 Calvin, Giordano g Associates, Inc. 40011.1"-EXCEPTIONAL SOLUTIONS' Memorandum ▪ creating bicycle and pedestrian amenities (e.g., bicycle storage, lockers, repair stations, showers, etc.) ▪ providing civic or green space of a certain size and functionality, to augment the City's system of parks and recreation and provide for the needs of new and existing residents. • Reducing the minimum parking requirement for residential uses in the suggested TODD MU-6 and the TODD MU-5 districts, and establishing maximum parking caps for all of the TODD districts. (NOTE: Per recent City action, the effective parking provision for Alta Developers yields a ratio of approximately 1.3 spaces per multifamily unit). This would require amending Section 20-8.8 and related sections of the LDC. Changes such as these will bring the South Miami TODD more in line with modern best practices in transit- oriented districts, while more effectively furthering FLU Goal 3 of Comprehensive Plan of "achieving a tax base adequate to support a high level of municipal services via increased mixed-use projects and flexible building heights in designated Transit-Oriented Development Districts [TODD], to the extent that development and redevelopment in these districts does not adversely impact surrounding neighborhoods and uses." 3. Background The Transit-Oriented Development District (TODD) and its associated zoning and land development regulations were developed and adopted by the City of South Miami between 1995 and 1997. At the time, the City's Evaluation and Appraisal Report had recommended that the City amend the Comprehensive Plan to create the Transit-Oriented Development District "to promote redevelopment and infill development in appropriate areas" of what was, then, identified as the "central office district west of South Dixie Highway" adjacent to the South Miami Metrorail Station. The object was to permit more flexibility in height, in order to facilitate the development or redevelopment of mixed-use, multi-story projects supportive of transit. The transit orientation of this district, with its related incentives for development and redevelopment, was to serve as an additional impetus for the revitalization of this area, which is included within the boundary of the South Miami Community Redevelopment Area. These developments have occurred on land zoned (or rezoned to) TODD MU-5, the only zoning subcategory in the TODD that currently provides flexibility in building heights. One other mixed-use development, by Alta Developers, is in the pipeline, also in the MU-5 zoning district. Meanwhile, there has been little to no demand for redevelopment in the two zoning subcategories of the TODD where the building height is capped at two stories with no flexibility. The analysis in the next few pages explores whether this and other regulatory conditions, such as parking requirements, are creating barriers to development and redevelopment contrary to the stated goals, policies and objectives for the TODD. 4. Key Analysis Findings a. Population Characteristics • According to the consultant's market and economic assessment, the Miami-Dade Transit Corridor in which South Miami's TODD is included could add between 700-800 persons/year in population, 3   3    Memorandum  creating bicycle and pedestrian amenities (e.g., bicycle storage, lockers, repair stations, showers,  etc.)    providing civic or green space of a certain size and functionality, to augment the City’s system of  parks and recreation and provide for the needs of new and existing residents.     Reducing the minimum parking requirement for residential uses in the suggested TODD MU‐6 and the  TODD MU‐5 districts, and establishing maximum parking caps for all of the TODD districts. (NOTE: Per  recent City action, the effective parking provision for Alta Developers yields a ratio of approximately  1.3 spaces per multifamily unit). This would require amending Section 20‐8.8 and related sections of  the LDC.   Changes such as these will bring the South Miami TODD more in line with modern best practices in transit‐ oriented districts, while more effectively furthering FLU Goal 3 of Comprehensive Plan of “achieving a tax base  adequate to support a high level of municipal services via increased mixed‐use projects and flexible building  heights in designated Transit‐Oriented Development Districts [TODD], to the extent that development and  redevelopment in these districts does not adversely impact surrounding neighborhoods and uses.”    3. Background  The Transit‐Oriented Development District (TODD) and its associated zoning and land development regulations  were developed and adopted by the City of South Miami between 1995 and 1997. At the time, the City’s  Evaluation and Appraisal Report had recommended that the City amend the Comprehensive Plan to create the  Transit‐Oriented Development District “to promote redevelopment and infill development in appropriate  areas” of what was, then, identified as the “central office district west of South Dixie Highway” adjacent to the  South Miami Metrorail Station. The object was to permit more flexibility in height, in order to facilitate the  development or redevelopment of mixed‐use, multi‐story projects supportive of transit.    The transit orientation of this district, with its related incentives for development and redevelopment, was to  serve as an additional impetus for the revitalization of this area, which is included within the boundary of the  South Miami Community Redevelopment Area.  These developments have occurred on land zoned (or rezoned to) TODD MU‐5, the only zoning subcategory in  the TODD that currently provides flexibility in building heights.  One other mixed‐use development, by Alta  Developers, is in the pipeline, also in the MU‐5 zoning district. Meanwhile, there has been little to no demand  for redevelopment in the two zoning subcategories of the TODD where the building height is capped at two  stories with no flexibility. The analysis in the next few pages explores whether this and other regulatory  conditions, such as parking requirements, are creating barriers to development and redevelopment contrary to  the stated goals, policies and objectives for the TODD.      4. Key Analysis Findings  a. Population Characteristics   According to the consultant’s market and economic assessment, the Miami‐Dade Transit Corridor  in which South Miami’s TODD is included could add between 700‐800 persons/year in population, 25 Memorandum Al,Calvin, Giordano g Associates, Inc. EXCEPTIONAL SOLUTIONS"' or about 300-350 new households annually through the year 2040, based Miami-Dade County projections. • South Miami could capture between 1/4 and 1/3 of these new households over the next 15 years. • South Miami's population is slightly younger, by average age, than that of the surrounding area (average age). However, the population segments between the ages of 20 and 64 continue to expand. As those large groups age, the City may wish to consider the implications for future housing needs in terms of typologies. • The City's population has a higher average household income than Miami Dade County, which provides retail expenditure opportunities. • By contrast, the region's overall lower household income levels and high housing costs offer growth potential for the rental, multifamily residential market in South Miami. • The City will wish to consider the implications of these findings (future household capture potential, local and regional population characteristics) by establishing future housing policy and strategies, particularly in those areas of the City targeted for redevelopment, including the TODD. b. Housing Trends • Very little net new housing has been produced within the City limits in the past decade. • Over 60% of the existing housing stock is single-family detached homes, owner-occupied, and at least 40 years old (according to the U.S. Census Bureau American Community Survey 2012-2016). Housing values have risen steadily for the past 5 years. • Other than the recent affordable assisted living facility, the City has not seen any multifamily development since 2004 (Valencia Apartments). As of this writing, the 6075 Sunset Drive project has been approved with 205 units. 6075 Sunset Drive. Credit: Behar & Font Partners, PA • There are three other mixed-use development projects that are in various stages of planning at the City, both within and outside the TODD, which include residential components. The combined total 4   4    Memorandum or about 300‐350 new households annually through the year 2040, based Miami‐Dade County  projections.      South Miami could capture between 1/4 and 1/3 of these new households over the next 15 years.     South Miami’s population is slightly younger, by average age, than that of the surrounding area  (average age). However, the population segments between the ages of 20 and 64 continue to  expand. As those large groups age, the City may wish to consider the implications for future  housing needs in terms of typologies.      The City’s population has a higher average household income than Miami Dade County, which  provides retail expenditure opportunities.      By contrast, the region’s overall lower household income levels and high housing costs offer  growth potential for the rental, multifamily residential market in South Miami.      The City will wish to consider the implications of these findings (future household capture  potential, local and regional population characteristics) by establishing future housing policy and  strategies, particularly in those areas of the City targeted for redevelopment, including the TODD.    b. Housing Trends   Very little net new housing has been produced within the City limits in the past decade.      Over 60% of the existing housing  stock is single‐family detached  homes, owner‐occupied, and at  least 40 years old (according to the  U.S. Census Bureau American  Community Survey 2012‐2016).  Housing values have risen steadily  for the past 5 years.     Other than the recent affordable  assisted living facility, the City has  not seen any multifamily  development since 2004 (Valencia  Apartments).  As of this writing, the  6075 Sunset Drive project has been  approved with 205 units.      There are three other mixed‐use development projects that are in various stages of planning at the  City, both within and outside the TODD, which include residential components. The combined total  6075 Sunset Drive. Credit: Behar & Font Partners, PA  26 Calvin, Giordano g Associates, Inc. EXCEPTIONAL SOLUTIONS' Memorandum multifamily units which might be provided by all these projects could total about half of the City's total potential housing unit demand share for the next 15 years • Another project, Treo SoMi Station, is in the approval stages through Miami Dade County, on County-owned land, but will only provide student apartments. c. Existing TODD Land Use • The district encompasses approximately 37.5 net acres (parcels). • The general development character of the district is one of mostly low-rise (6 stories or less), low- density development. • The mix of land uses consists primarily of office buildings, many with some ground-floor retail and services; some stand-alone one-story retail; light-industrial and auto-related services; and governmental and institutional uses, including City Hall. • The land is divided into a grid of compact blocks and generally small parcels, particularly in the light- industrial area. There, many of the parcels are individually owned, posing a challenge to redevelopment because multiple small parcels would need to be assembled and possibly re-platted. • The first major land use change in the TODD did not happen until the Valencia Apartments mixed-use building was developed in 2004. Valencia Apartments was also the first mixed-use building in the TODD to incorporate residential. • It took more than another decade for the second such building to be developed (Metro South, which actually resulted from the outcome of a lawsuit against the City, based on the American with Disabilities Act and the Fair Housing Act). • 6075 Sunset Dr., Treo SoMi Station, and the redevelopment of City Hall all include rental housing, and are designed to exceed four (4) stories. Metro South Senior Apartments. Credit: apartments.com 5   5    Memorandum multifamily units which might be provided by all these projects could total about half of the City’s  total potential housing unit demand share for the next 15 years      Another project, Treo SoMi Station, is in the approval stages through Miami Dade County, on  County‐owned land, but will only provide student apartments.      c. Existing TODD Land Use   The district encompasses approximately 37.5 net acres (parcels).       The general development character of the district is one of mostly low‐rise (6 stories or less), low‐ density development.      The mix of land uses consists primarily of office buildings, many with some ground‐floor retail and  services; some stand‐alone one‐story retail; light‐industrial and auto‐related services; and  governmental and institutional uses, including City Hall.      The land is divided into a grid of compact blocks and generally small parcels, particularly in the light‐ industrial area. There, many of the parcels are individually owned, posing a challenge to  redevelopment because multiple small parcels would need to be assembled and possibly re‐platted.      The first major land use change in the  TODD did not happen until the Valencia  Apartments mixed‐use building was  developed in 2004. Valencia Apartments  was also the first mixed‐use building in the  TODD to incorporate residential.       It took more than another decade for the  second such building to be developed  (Metro South, which actually resulted from  the outcome of a lawsuit against the City,  based on the American with Disabilities  Act and the Fair Housing Act).      6075 Sunset Dr., Treo SoMi Station, and  the redevelopment of City Hall all include  rental housing, and are designed to exceed  four (4) stories.           Metro South Senior Apartments. Credit: apartments.com  27 Calvin, Giordano g Associates, Inc. 000#9.-E Xi:EP T ION AL SOLITIONS' Memorandum d. Comprehensive Plan Policies • The updated South Miami Comprehensive Plan contains several goals, objectives and policies which inform this analysis. Recommendations are based on, and are intended to further, these goals, objectives and policies. They include: Policy FLU 1.1.1 Future Land Use Categories Transit-Oriented Development District [TODD] The Transit-Oriented Development District is intended to provide for the development of office uses, office services, office-related retail, retail, retail services, and residential uses in multi-story and mixed-use projects that are characteristic of transit-oriented developments. Permitted heights and intensities shall be set forth in the Land Development Code, including design standards. Zoning regulations shall encourage development within the TODD in conjunction with limiting new development within the Special Flood Hazard Area and other environmental sensitive areas. The City shall pursue incentive programs for redevelopment including higher densities, flexible building heights and design standards to ensure that responsible, effective and aesthetically pleasing projects result. FLU Policy 1.1.2 The City shall periodically review and, as appropriate, revise its land development regulations in order to: eliminate inconsistencies with the Comprehensive Plan and other City of South Miami September 2018 Comprehensive Plan 5 Future Land Use Element GOPs goals contained in City- adopted documents. Public input on the revisions shall be obtained through a variety of sources and activities. Revisions should implement recommendations contained in neighborhood or special area plans; ensure appropriate transitions between different neighborhoods and uses; ensure appropriate height and site development requirements; promote pedestrian friendly, mixed-use development and redevelopment; buffer neighborhoods from the encroachment of incompatible uses; provide additional standards regulating tear-downs and new construction, reconstruction or additions in developed single family residential neighborhoods in order to ensure that such development and redevelopment is compatible with the surrounding neighborhood; provide for appropriate incentives and bonuses, and; evaluate the costs and benefits of existing incentives and bonuses. FLU Policy 1.1.3 In reviewing proposed amendments to this plan and the Zoning Map, compatibility with adjacent uses shall be the major determinant. FLU Policy 1.1.7 Discourage urban commercial sprawl by promoting growth in the core area surrounding the Metrorail Transit Station by creating a district for new growth which is contained and transit- oriented, thereby relieving the pressure for commercial rezonings outside of this core area. 6   6    Memorandum d. Comprehensive Plan Policies   The updated South Miami Comprehensive Plan contains several goals, objectives and policies which  inform this analysis. Recommendations are based on, and are intended to further, these goals,  objectives and policies.  They include:     Policy FLU 1.1.1    Future Land Use Categories  Transit‐Oriented Development District [TODD]  The Transit‐Oriented Development District is intended to provide for the development of office uses,  office services, office‐related retail, retail, retail services, and residential uses in multi‐story and  mixed‐use projects that are characteristic of transit‐oriented developments. Permitted heights and  intensities shall be set forth in the Land Development Code, including design standards. Zoning  regulations shall encourage development within the TODD in conjunction with limiting new  development within the Special Flood Hazard Area and other environmental sensitive areas. The City  shall pursue incentive programs for redevelopment including higher densities, flexible building  heights and design standards to ensure that responsible, effective and aesthetically pleasing projects  result.  FLU Policy 1.1.2   The City shall periodically review and, as appropriate, revise its land development regulations in  order to: eliminate inconsistencies with the Comprehensive Plan and other City of South Miami  September 2018 Comprehensive Plan 5 Future Land Use Element GOPs goals contained in City‐ adopted documents. Public input on the revisions shall be obtained through a variety of sources and  activities. Revisions should implement recommendations contained in neighborhood or special area  plans; ensure appropriate transitions between different neighborhoods and uses; ensure  appropriate height and site development requirements; promote pedestrian friendly, mixed‐use  development and redevelopment; buffer neighborhoods from the encroachment of incompatible  uses; provide additional standards regulating tear‐downs and new construction, reconstruction or  additions in developed single family residential neighborhoods in order to ensure that such  development and redevelopment is compatible with the surrounding neighborhood; provide for  appropriate incentives and bonuses, and; evaluate the costs and benefits of existing incentives and  bonuses.  FLU Policy 1.1.3   In reviewing proposed amendments to this plan and the Zoning Map, compatibility with adjacent  uses shall be the major determinant.  FLU Policy 1.1.7  Discourage urban commercial sprawl by promoting growth in the core area surrounding the  Metrorail Transit Station by creating a district for new growth which is contained and transit‐ oriented, thereby relieving the pressure for commercial rezonings outside of this core area.   28 Calvin, Giordano g Associates, Inc. looler EXCEPTIONAL SOLUTIONS' Memorandum FLU OBJECTIVE 1.4 Innovative zoning Maintain and review a revised Land Development Code that includes innovative zoning techniques relative to the transition between residential and non-residential districts. FLU Policy 1.4.1 The City shall utilize volumetric studies and mixed land use zoning categories to achieve creative development in the transition areas between commercial and residential land uses. FLU OBJECTIVE 1.6 Increase Community Resiliency Increase Community resiliency through land use and built environment decisions. FLU Policy 1.6.1 The City of South Miami shall encourage greener, more energy-efficient and climate resilient construction practices by: * * * b) encouraging commercial developers and builders to require that the construction or renovation of commercial facilities meets Florida Green Building Coalition, US Green Building Council Leadership in Energy and Environmental Design (LEED), or other acceptable commercial building standards; FLU Policy 1.8.3 Within two (2) years of adoption of this element, the City shall explore incentives for use of green building standards in new development and redevelopment. FLU Policy 1.8.5 The City shall continue to support transit ready commercial and multi-family development along major transportation corridors and the Metrorail corridor. FLU GOAL 3 Transit-Oriented Development District (TODD) Provide for increased intensity of mixed-use projects and flexible building heights in designated Transit-Oriented Development Districts (TODD), to the extent that development and redevelopment in these districts does not adversely impact surrounding primarily residential neighborhoods and uses. FLU OBJECTIVE 3.1 Support higher densities and intensities in TODD Support higher densities and intensities in the TODD areas to take advantage of the proximity of the Metrorail and create an area where residents can live and work in a pedestrian-oriented environment. FLU Policy 3.1.2 The City shall maintain and, as appropriate, expand the Transit-Oriented Development Districts delineated on the Future Land Use Plan Map. Development and redevelopment in these districts 7   7    Memorandum FLU OBJECTIVE 1.4 Innovative zoning   Maintain and review a revised Land Development Code that includes innovative zoning techniques  relative to the transition between residential and non‐residential districts.   FLU Policy 1.4.1   The City shall utilize volumetric studies and mixed land use zoning categories to achieve creative  development in the transition areas between commercial and residential land uses.  FLU OBJECTIVE 1.6 Increase Community Resiliency   Increase Community resiliency through land use and built environment decisions.   FLU Policy 1.6.1   The City of South Miami shall encourage greener, more energy‐efficient and climate resilient  construction practices by:   * * *  b) encouraging commercial developers and builders to require that the construction or renovation  of commercial facilities meets Florida Green Building Coalition, US Green Building Council  Leadership in Energy and Environmental Design (LEED), or other acceptable commercial building  standards;   FLU Policy 1.8.3   Within two (2) years of adoption of this element, the City shall explore incentives for use of green  building standards in new development and redevelopment.  FLU Policy 1.8.5   The City shall continue to support transit ready commercial and multi‐family development along  major transportation corridors and the Metrorail corridor.  FLU GOAL 3 Transit‐Oriented Development District (TODD)  Provide for increased intensity of mixed‐use projects and flexible building heights in designated  Transit‐Oriented Development Districts (TODD), to the extent that development and redevelopment  in these districts does not adversely impact surrounding primarily residential neighborhoods and  uses.   FLU OBJECTIVE 3.1 Support higher densities and intensities in TODD  Support higher densities and intensities in the TODD areas to take advantage of the proximity of the  Metrorail and create an area where residents can live and work in a pedestrian‐oriented environment.   FLU Policy 3.1.2   The City shall maintain and, as appropriate, expand the Transit‐Oriented Development Districts  delineated on the Future Land Use Plan Map. Development and redevelopment in these districts 29 Calvin, Giordano g Associates, Inc. 4000°.-EXCEPTIONAL SOLUTIONS' Memorandum shall occur in accordance with adopted development and redevelopment plans and the land development regulations, and shall not adversely impact surrounding neighborhoods and uses. FLU Policy 3.1.3 The City shall, by 2022, review the TODD area and amend the Comprehensive Plan and zoning regulations to ensure they are designed to achieve the goals of the City, and especially, those associated with affordable housing and parking regulations. FLU Policy 4.4.1 In coordination with the Transit-Oriented Development District, permit more intense development only in those areas which are located outside of the Special Flood Hazard Area. FLU GOAL 5 Revitalization of commercial areas outside of the Hometown District. To achieve revitalization and renewal of areas designated as redevelopment areas. FLU OBJECTIVE 5.1 Continue efforts of the Community Redevelopment Agency Continue to support the South Miami Community Redevelopment Agency's (SMCRA) mission in order to spearhead efforts to work with citizens and stakeholders to improve the quality of life for citizens, businesses and property owners in the South Miami Community Redevelopment Area. FLU Policy 5.1.2 Continue to implement priority SMCRA programs and projects, including but not limited to: "in-fill" housing, construction of multi-family units, substantial rehabilitation of housing (HUD Complex), and streetscape and infrastructure improvements. FLU GOAL 6 Support the Economic Viability of the City To support the economic viability of the City through an adequate tax base and development that allows for the efficient provision of City services. FLU OBJECTIVE 6.1 Increase the City's tax base through appropriate development Continue to increase the City's tax base and fiscal health through new development and redevelopment, increased property values, annexations, impact fees, grants, and other strategies as appropriate. FLU Policy 6.1.1 Zone for new development and redevelopment in accordance with the Future Land Use Map, including multi-story and mixed-use districts. 8   8    Memorandum shall occur in accordance with adopted development and redevelopment plans and the land  development regulations, and shall not adversely impact surrounding neighborhoods and uses.  FLU Policy 3.1.3   The City shall, by 2022, review the TODD area and amend the Comprehensive Plan and zoning  regulations to ensure they are designed to achieve the goals of the City, and especially, those  associated with affordable housing and parking regulations.  FLU Policy 4.4.1  In coordination with the Transit‐Oriented Development District, permit more intense development  only in those areas which are located outside of the Special Flood Hazard Area.  FLU GOAL 5 Revitalization of commercial areas outside of the Hometown District.   To achieve revitalization and renewal of areas designated as redevelopment areas.  FLU OBJECTIVE 5.1 Continue efforts of the Community Redevelopment Agency   Continue to support the South Miami Community Redevelopment Agency’s (SMCRA) mission in order  to spearhead efforts to work with citizens and stakeholders to improve the quality of life for citizens,  businesses and property owners in the South Miami Community Redevelopment Area.   FLU Policy 5.1.2  Continue to implement priority SMCRA programs and projects, including but not limited to: "in‐fill"  housing, construction of multi‐family units, substantial rehabilitation of housing (HUD Complex), and  streetscape and infrastructure improvements.  FLU GOAL 6 Support the Economic Viability of the City   To support the economic viability of the City through an adequate tax base and development that  allows for the efficient provision of City services.   FLU OBJECTIVE 6.1 Increase the City’s tax base through appropriate development   Continue to increase the City’s tax base and fiscal health through new development and  redevelopment, increased property values, annexations, impact fees, grants, and other strategies as  appropriate.     FLU Policy 6.1.1   Zone for new development and redevelopment in accordance with the Future Land Use Map,  including multi‐story and mixed‐use districts.    30 LEW we LACVM ry Raar....•••dq. • 111•11,1N=VL=W1h,s1,1 '91. • Ma r..mll.:1.1.11,•••=, 1.1.1 • armangr.,....1 Raidl 01.0.14.1,1 • 1..1slIrm..1 • Powzmi!..1111.1 • P011mlOrr1.pmc Calvin, Giordano g Associates, Inc. EXCEPTIONAL SOLUTIONS- Memorandum • Together, these policies indicate an intention to periodically consider the tools that implement the TODD, to ensure they are helping the City effectively achieve its stated goals. • Oblo•• Mlao South Miami, Florida 2012 FUTURE LAND USE MAP South Miami Map Source: City of South Miami e. Future Land Use Map • The FLUM (Figure 2) shows that the TODD is split into a northeast and southwest halves, which are physically separated by a "gap" of 1-1/2 blocks designated Mixed-Use Commercial/Residential (MU- C/R) in the FLUM. • There is reason for this "gap" in the TODD to be closed to give the district more cohesion. • FLU Policy 3.1.4, as quoted in the previous section, requires the City to maintain and, as appropriate, expand the TODD boundaries outlined on the Future Land Use Plan Map. • The existing land use on these 1-1/2 blocks is very similar to the existing land use in the surrounding TODD blocks. • While the MU-C/R future land use is not incompatible with the character of the TODD, the "gap" blocks are actually zoned "Medium-Intensity Office" (MO) in the Zoning Map. The MO zoning district accommodates professional and business office space; however, other than adult congregate living facilities and transient (hotel) units, residential uses are not permitted in this zoning district. 'OP 9   9    Memorandum  Together, these policies indicate an intention to periodically consider the tools that implement the  TODD, to ensure they are helping the City effectively achieve its stated goals.     e. Future Land Use Map   The FLUM (Figure 2) shows that the TODD is split into a northeast and southwest halves, which are  physically separated by a “gap” of 1‐1/2 blocks designated Mixed‐Use Commercial/Residential (MU‐ C/R) in the FLUM.        There is reason for this “gap” in the TODD to be closed to give the district more cohesion.      FLU Policy 3.1.4, as quoted in the previous section, requires the City to maintain and, as appropriate,  expand the TODD boundaries outlined on the Future Land Use Plan Map.     The existing land use on these 1‐1/2 blocks is very similar to the existing land use in the surrounding  TODD blocks.     While the MU‐C/R future land use is not incompatible with the character of the TODD, the “gap”  blocks are actually zoned “Medium‐Intensity Office” (MO) in the Zoning Map. The MO zoning district  accommodates professional and business office space; however, other than adult congregate living  facilities and transient (hotel) units, residential uses are not permitted in this zoning district.       Figure 2.  Map Source: City of South Miami  31 Calvin, Giordano g Associates, Inc. 00101Fv EXCEPTIONAL SOLUTIONS' TODD LIA TODD TODD MU.5 Memorandum f. TODD Zoning and Land Development Regulations • The TODD zoning district (Figure 3) includes five (5) subcategories: TODD Mixed Use 5 (MU-5), TODD Mixed Use 4 (MU-4), TODD Light Industrial 4 (LI-4), TODD Public/Institutional (PI) and TODD Parks and Recreation (PR). • The majority of the TODD, approximately 16.6 acres, is zoned TODD MU-5. The next largest district is the TODD LI-4, with 11.3 acres of land. Only about 5 acres remain zoned TODD MU-4, after the proposed Alta development obtained approval to rezone a portion of the site from TODD MU-4 to TODD-5, consistent with the rest of the site. The remainder of the TODD district, about 10.6 acres zoned either TODD PI or TODD PR, consists of the City Hall property and Jean Willis Park. Table 1: TODD Subdistrict Land Acreage ZONING SUBDISTRICT Land (Sq Ft) Acreage 5.05 16.56 11.32 3.86 0.63 TODD MU-4 TODD MU-5 TODD LI-4 TODD PI TODD PR 220,119 721,349 493,283 168,142 27,443 TOTAL 1,630,335 37.43 Source: Miami Dade County Tax Collector Parcel Information Figure 3. City of South Miami Sr)utli i.imi zoning Map Map Source: City of South Miami 10   10    Memorandum f. TODD Zoning and Land Development Regulations   The TODD zoning district (Figure 3) includes five (5) subcategories: TODD Mixed Use 5 (MU‐5), TODD  Mixed Use 4 (MU‐4), TODD Light Industrial 4 (LI‐4), TODD Public/Institutional (PI) and TODD Parks and  Recreation (PR).     The majority of the TODD, approximately 16.6 acres, is zoned TODD MU‐5. The next largest district is  the TODD LI‐4, with 11.3 acres of land. Only about 5 acres remain zoned TODD MU‐4, after the  proposed Alta development obtained approval to rezone a portion of the site from TODD MU‐4 to  TODD‐5, consistent with the rest of the site. The remainder of the TODD district, about 10.6 acres  zoned either TODD PI or TODD PR, consists of the City Hall property and Jean Willis Park.     Table 1: TODD Subdistrict Land Acreage          Source: Miami Dade County Tax Collector Parcel Information   ZONING SUBDISTRICT Land (Sq Ft) Acreage TODD MU‐4 220,119 5.05 TODD MU‐5 721,349 16.56 TODD LI‐4 493,283 11.32 TODD PI 168,142          3.86 TODD PR 27,443            0.63 TOTAL  1,630,335 37.43 Map Source: City of South Miami  Figure 3.  32 Calvin, Giordano g Associates, Inc. 40011.1"-EXCEPTIONAL SOLUTIONS Memorandum • The purpose of the TODD district is to enhance the presence of a mass transit center located within walking distance of the boundaries of the district. The TODD is intended to provide for the development of office uses, office services, office-related retail, retail, retail services, and residential uses "in multi-story and mixed use projects that are characteristic of transit-oriented developments." This should reduce the amount of car traffic in and around the mass transit center. • The precise characteristics of transit-oriented developments are not further defined in the LDC. • While TODD regulations are intended to encourage redevelopment through flexible building heights, design standards, and performance-oriented incentives, redevelopment is not encouraged equally in all of the TODD subcategories. In the case of the TODD MU-4 and LI-4 categories, some of the current regulations may actually discourage redevelopment: ▪ Permitted Uses: TODD LI-4 allows both residential and commercial, as well as light industrial uses; this allows existing uses to continue, but also perpetuates a pattern of land use that may deter the addition of residential and certain kinds of commercial uses. ▪ Building Heights: • Although the long-standing and express intent of TODD is to encourage redevelopment in multi-story mixed-use buildings through flexible building heights and higher densities, buildings in TODD MU-4 and LI-4 are capped at 2 stories. • This limitation, combined with the generally small size of parcels, poses a challenge for redevelopment in both TODD MU-4 and LI-4. • Only the TODD MU-5 offers flexibility in building heights, with a minimum number of stories (2), a maximum by right (4) and an additional 4 stories achievable through bonuses, but only to a maximum height of 100 feet. • In addition, any development that exceeds the 4-story base, or is in excess of forty thousand (40,000) square feet is designated as a Large-Scale Development which must be reviewed by the Planning Board and approved by the City Commission. ▪ Parking: While density in the TODD can be as high as may be developed while meeting the current parking requirements, the minimum parking requirements are very high for a transit-oriented development district: two (2) spaces per unit for all types of residential uses; variable for commercial/retail, office and industrial, but starting with as much as one (1) space per 100 sq. ft. for some uses. The LDC does not provide for shared parking reductions or parking bonuses in the TODD. (Note in the LDC indicates that Ord. No. Ord. No. 15-07-1816, § 4, adopted June 5, 2007, eliminated the parking reductions and parking bonuses for developments within TODD for a period of nine months to evaluate the effects and appropriateness of these provisions on future developments within the TODD). 11   11    Memorandum    The purpose of the TODD district is to enhance the presence of a mass transit center located within  walking distance of the boundaries of the district. The TODD is intended to provide for the  development of office uses, office services, office‐related retail, retail, retail services, and residential  uses “in multi‐story and mixed use projects that are characteristic of transit‐oriented developments.”  This should reduce the amount of car traffic in and around the mass transit center.       The precise characteristics of transit‐oriented developments are not further defined in the LDC.     While TODD regulations are intended to encourage redevelopment through flexible building heights,  design standards, and performance‐oriented incentives, redevelopment is not encouraged equally in  all of the TODD subcategories. In the case of the TODD MU‐4 and LI‐4 categories, some of the current  regulations may actually discourage redevelopment:      Permitted Uses:  • TODD LI‐4 allows both residential and commercial, as well as light industrial uses; this allows  existing uses to continue, but also perpetuates a pattern of land use that may deter the  addition of residential and certain kinds of commercial uses.      Building Heights:  • Although the long‐standing and express intent of TODD is to encourage redevelopment in  multi‐story mixed‐use buildings through flexible building heights and higher densities,  buildings in TODD MU‐4 and LI‐4 are capped at 2 stories.   • This limitation, combined with the generally small size of parcels, poses a challenge for  redevelopment in both TODD MU‐4 and LI‐4.   • Only the TODD MU‐5 offers flexibility in building heights, with a minimum number of stories  (2), a maximum by right (4) and an additional 4 stories achievable through bonuses, but only  to a maximum height of 100 feet.  • In addition, any development that exceeds the 4‐story base, or is in excess of forty thousand  (40,000) square feet is designated as a Large‐Scale Development which must be reviewed by  the Planning Board and approved by the City Commission.     Parking:  • While density in the TODD can be as high as may be developed while meeting the current  parking requirements, the minimum parking requirements are very high for a transit‐oriented  development district: two (2) spaces per unit for all types of residential uses; variable for  commercial/retail, office and industrial, but starting with as much as one (1) space per 100 sq.  ft. for some uses.  • The LDC does not provide for shared parking reductions or parking bonuses in the TODD.  (Note in the LDC indicates that Ord. No. Ord. No. 15‐07‐1816, § 4, adopted June 5, 2007,  eliminated the parking reductions and parking bonuses for developments within TODD for a  period of nine months to evaluate the effects and appropriateness of these provisions on  future developments within the TODD).  33 Calvin, Giordano g Associates, Inc. EXCEPTIONAL SOLUTIONS' Memorandum The LCD does not address emerging innovation topics that are particularly intertwined with transit-oriented districts, such as carshare, rideshare and personal mobility services, goods delivery parking/loading zones, and future parking garage conversions/re-use (e.g., floor reinforcement, column spacing, floor leveling, etc.). g. Economic and Market Assessment • CGA's subconsultant Lambert Advisory completed a high-level assessment to assist the City of South Miami in identifying tools and strategies to support or boost potential redevelopment investment within the City's existing Transit Oriented Development District (TODD). • Lambert's assessment is predicated on the following notions: ▪ The uses considered include multifamily, office, retail/entertainment and hotel. ▪ For comparative purposes, economic, demographic, and real estate market conditions and trends are assessed within Miami Dade County, the City of South Miami, its trade area, and the Metrorail Transit Corridor. (Refer to the full Assessment Summary Report, contained in Appendix 1, for definition of these areas). ▪ The projection timeframe of the study is 15 years. ▪ The analysis is general and high level. ▪ Demand "scenarios" considered in the study range from low (based on past trends) to high (based on more market shifts and observed conditions) • The estimates of potential demand and capture anticipated throughout the 15-year projection period (2019-2034) are summarized in the tables below: Table 2: South Miami Estimated Total Potential Demand, by Use (2019-2034) MIFF INIII!!!!Mr Multifamily Residential 1,200 units 1,600 units Retail 15Q000 sq.ft.225,000 sq.ft. qffice 200,000 sq.ft. 400,000 sq.ft. Hotel 380 rooms 480 rooms Estimates Source: Lambert Advisory 12   12    Memorandum • The LCD does not address emerging innovation topics that are particularly intertwined with  transit‐oriented districts, such as carshare, rideshare and personal mobility services, goods  delivery parking/loading zones, and future parking garage conversions/re‐use (e.g., floor  reinforcement, column spacing, floor leveling, etc.).       g. Economic and Market Assessment    CGA’s subconsultant Lambert Advisory completed a high‐level assessment to assist the City of South  Miami in identifying tools and strategies to support or boost potential redevelopment investment  within the City’s existing Transit Oriented Development District (TODD).      Lambert’s assessment is predicated on the following notions:    The uses considered include multifamily, office, retail/entertainment and hotel.    For comparative purposes, economic, demographic, and real estate market conditions and  trends are assessed within Miami Dade County, the City of South Miami, its trade area, and the  Metrorail Transit Corridor. (Refer to the full Assessment Summary Report, contained in  Appendix 1, for definition of these areas).   The projection timeframe of the study is 15 years.   The analysis is general and high level.   Demand “scenarios” considered in the study range from low (based on past trends) to high  (based on more market shifts and observed conditions)     The estimates of potential demand and capture anticipated throughout the 15‐year projection  period (2019‐2034) are summarized in the tables below:    Table 2: South Miami Estimated Total Potential Demand, by Use (2019‐2034)    Estimates Source: Lambert Advisory   34 City Hall Other projects in ping Redev stages outside of TODD ** Remaining Potential for TODD District Projects in the pipeline within TODD (west of US1) Alta Treo * Estimated Total High Demand (2019- I ) Calvin, Giordano g Associates, Inc. EXCEPTIONAL SOLUTIONS' Memorandum Table 3: Potential TODD District Estimated Capture, by Use, Considering Planned Development Land Use • 203 99 389 674 334 5,119 23,000 7,500 (68,312) 257,693 200,000 17,840 182,160 182 298 Residential (MF/TH units/beds)1,600 Retail incl Restaurant & Sery (sq. ft.)225,000 Office (sq. ft.)400,000 Hotel (rooms)480 Estimates Source: Lambert Advisory * County land, development subject to terms of lease. Residential component is exclusively student apartments (UM) ** 0 indicates a reduction in overall retail space The complete Lambert report can be found in the Appendix 1 to this memorandum. h. Development Model CGA created a generic massing model to test the potential development capacity of the TODD. The model includes recent, already approved, and "in planning" projects, and considers these projects' characteristics and approval conditions. It also considers the districts' parcels "susceptibility to change," indicating whether an existing development, based on age, condition, or which has been recently renovated, rehabbed or expanded is more or less likely to redevelop within the next 15 years. The model is entirely suppositional, and not meant to recommend particular development types or designs. The massing model shows development capacity of the TODD above and beyond projects that are already approved or planned within the boundaries of the TODD (i.e., 6075 Sunset and Treo SoMi Station) and that may be expected to be completed within the next 15 years. Several "views" of the modeled development are included in Appendix 2. 5. Other Considerations a. Transit-Oriented Development (TOD) Facts According to the national nonprofit Center for Transit-Oriented Development: • In most instances, households living within 1/2 mile of transit own approximately 0.5 fewer cars per household than their regional average and are 5 times more likely to commute via transit than others in the region. • Most people who live in TOD areas seek out TOD because it provides access and convenience. • Changing demographics are forcing a new housing market for TOD: ▪ Singles will soon be a new majority of the population. ▪ Older adults will outnumber young people within the next 30 years. According to AARP, more than 71% of older households want to be within walking distance of transit. ▪ More than 37% of households want small lots and clustered development. 13   13    Memorandum Table 3: Potential TODD District Estimated Capture, by Use, Considering Planned Development    The complete Lambert report can be found in the Appendix 1 to this memorandum.    h. Development Model  CGA created a generic massing model to test the potential development capacity of the TODD.  The model  includes recent, already approved, and “in planning” projects, and considers these projects’ characteristics and  approval conditions. It also considers the districts’ parcels “susceptibility to change,” indicating whether an  existing development, based on age, condition, or which has been recently renovated, rehabbed or expanded  is more or less likely to redevelop within the next 15 years. The model is entirely suppositional, and not meant  to recommend particular development types or designs.  The massing model shows development capacity of the TODD above and beyond projects that are already  approved or planned within the boundaries of the TODD (i.e., 6075 Sunset and Treo SoMi Station) and that  may be expected to be completed within the next 15 years. Several “views” of the modeled development are  included in Appendix 2.     5. Other Considerations  a. Transit‐Oriented Development (TOD) Facts  According to the national nonprofit Center for Transit‐Oriented Development:   In most instances, households living within 1/2 mile of transit own approximately 0.5 fewer cars per  household than their regional average and are 5 times more likely to commute via transit than others  in the region.   Most people who live in TOD areas seek out TOD because it provides access and convenience.   Changing demographics are forcing a new housing market for TOD:    Singles will soon be a new majority of the population.   Older adults will outnumber young people within the next 30 years. According to AARP, more than  71% of older households want to be within walking distance of transit.   More than 37% of households want small lots and clustered development.   Alta Treo * City Hall  Redev Residential (MF/TH units/beds)1,600               203                 99                   389                 334                         Retail incl Restaurant & Serv (sq. ft.)225,000          5,119              23,000            7,500             257,693                Office (sq. ft.)400,000          200,000        182,160                Hotel (rooms)480                   298                         **  () indicates a reduction in overall retail space Estimated  Total High  Demand  (2019‐2034) Remaining  Potential for  TODD District Land Use Type * County land, development subject to terms of lease. Residential component is exclusively student apartments (UM) Projects in the pipeline within TODD  (west of US1) Other projects in plng  stages outside of TODD ** 674                                             (68,312)                                      17,840                                       182                                             Estimates Source: Lambert Advisory   35 Calvin, Giordano g Associates, Inc. 40011.1"-EXCEPTIONAL SOLUTIONS' Memorandum ▪ Demographic groups that are growing most quickly, including older, non-family (single), and nonwhite households, tend to use transit more. ▪ In the future, 58% of TOD demand is likely to come from single person households. • Elsewhere, land for TOD is becoming more scares, and construction costs in TODs are high. • Planning for TOD should seek to maximize the return of the high public investment required for transit • Ingredients of successful TOD districts typically include ▪ the ability to cover one's daily needs without any driving; ▪ the ability to lead an active lifestyle; ▪ the availability of affordable housing near transit (the challenges to this include securing and assembling land early on, leveraging market activity for affordability benefits, and preserving existing affordability); ▪ the presence of distinct places and gathering places that build community, reinforce local character, and support local businesses. 14   14    Memorandum                                                                Demographic groups that are growing most quickly, including older, non‐family (single), and  nonwhite households, tend to use transit more.   In the future, 58% of TOD demand is likely to come from single person households.   Elsewhere, land for TOD is becoming more scares, and construction costs in TODs are high.    Planning for TOD should seek to maximize the return of the high public investment required for transit   Ingredients of successful TOD districts typically include   the ability to cover one’s daily needs without any driving;   the ability to lead an active lifestyle;    the availability of affordable housing near transit (the challenges to this include securing and  assembling land early on, leveraging market activity for affordability benefits, and preserving  existing affordability);    the presence of distinct places and gathering places that build community, reinforce local  character, and support local businesses.  36 Calvin, Giordano g Associates, Inc. 40011.1"-EXCEPTIONAL SOLUTIONS' Memorandum APPENDICES: 1. Economic and Market Assessment 2. Massing Model Views 3. Estimates of Current and Potential Development Capacity 4. Summary of Workshop Input 15   15    Memorandum                       APPENDICES:  1. Economic and Market Assessment   2. Massing Model Views  3. Estimates of Current and Potential Development  Capacity  4. Summary of Workshop Input  37 Appendix 1: Economic and Market Assessment Appendix 1: Economic and Market Assessment 38 Figure 1: South Miami TODD Area/Parcel Map Appendix 1 City of South Miami TODD Economic and Market Assessment (DRATT) Executive Summary I.Overview Lambert Advisory (Lambert) has completed a high-level economic and market assessment geared towards assisting the City of South Miami in identifying tools and strategies that may be put in place to spur potential redevelopment investment within certain sectors of the City of South Miami, FL. Specifically, this market assessment is intended to provide Calvin, Giordano & Associates (CGA) with market-based data to inform recommendations related to a potential Comprehensive Plan and Land Development Code amendment, and focuses on the City's existing Transit Oriented Development District (TODD). The TODD is defined by parcels situated along the western boundary of South Dixie Highway and illustrated (in blue) in the following map: Source: Lambert Advisories, using Google Maps and based on City of South Miami Future Land Use and Zoning Maps II.Study Premises The following are the key principles and assumptions that govern the research, analysis and documentation of this study: 3 The market assessment provides general perspective into potential redevelopment opportunities and demand throughout a 15-year period for multifamily residential, office, retail/entertainment, and hotel use. 1 City of South Miami TODD Economic and Market Assessment (DRAFT)   1 | Page Executive Summary I.Overview Lambert Advisory (Lambert) has completed a high‐level economic and market assessment geared towards assisting the City of South Miami in identifying tools and strategies that may be put in place to spur potential redevelopment investment within certain sectors of the City of South Miami, FL.  Specifically, this market assessment is intended to provide Calvin, Giordano & Associates (CGA) with market‐based data to inform recommendations related to a potential Comprehensive Plan and Land Development Code amendment, and focuses on the City’s existing Transit Oriented Development District (TODD). The TODD is defined by parcels situated along the western boundary of South Dixie Highway and illustrated  (in blue) in the following map:  Figure 1: South Miami TODD Area/Parcel Map  Source: Lambert Advisories, using Google Maps and based on City of South Miami Future Land Use and Zoning Maps  II.Study Premises The following are the key principles and assumptions that govern the research, analysis and documentation of this study: The market assessment provides general perspective into potential redevelopment opportunities and demand throughout a 15‐year period for multifamily residential, office, retail/entertainment, and hotel use. Appendix 1 39 City of South Miami TODD Economic and Market Assessment (DRAFT) 3 The analysis remains at a high level; it is to be considered an exploratory step in the process of potentially amending the City's Comprehensive Plan and Land Development Code. More in-depth field research, case-study and/or benchmarking analysis may be needed in future phases or planning processes. 3 The estimates of demand (by use) are based upon readily available sources of information from applicable government resources, along with available data gathered from reputable private industry resources. Lambert conducted only limited field research to independently verify the real estate market data, consistent with the study's scope of services as approved. 3 The manner for reporting and documenting the research, analysis, and findings associated with the market analysis includes an Executive Summary (this document), which highlights the key findings and conclusions related to estimates of market demand by use, and an Appendix section consisting of all the supporting analysis of data detailed in the form of maps, tables, charts, and graphs. 3 The analysis does not make recommendations as to how the City (and its planners) should plan for the future of the TODD area, but instead provides a baseline to inform the plan and code amendment process, which is designed to be vetted by City residents and their elected officials. 3 The analysis considers economic, demographic, and real estate market conditions and trends within Miami Dade County and the City of South Miami, but also two other important geographies (illustrated in Section 1 of the Appendix). They are: 1) South Miami Transit Corridor (referred throughout the study as the "Corridor") — The Florida Department of Transportation defines a corridor as any land area designated by the state, a county or a municipality between two geographic points and which is used or is suitable for the movement of people and goods by one or more modes of transportation. A Transit Station Area as a one-half-mile radius around a transit station. For the purposes of this study, we reviewed the segment of corridor stretching from Bird Road (north) to Dadeland Station (south) within one-half mile of the Metrorail line that bounds US-1. This Corridor represents the geographic area within which the South Miami TODD District will most heavily compete for future transit-oriented housing development. 2) South Miami Trade Area (referred throughout the study as the "Trade Area") — which is an approximate 10-minute drive-time radius,' and represents the geographic area from which the TODD may generate the majority of its customers for retail and office uses. 1 The 10-minute drive time is calculated by ESRI.com during non-peak periods; therefore, we recognize there is a a level of variability that needs to be considered for peak and non-peak traffic periods. 21 City of South Miami TODD Economic and Market Assessment (DRAFT)   2 | Page     The analysis remains at a high level; it is to be considered an exploratory step in the process of  potentially amending the City’s Comprehensive Plan and Land Development Code.  More in‐depth  field research, case‐study and/or benchmarking analysis may be needed in future phases or  planning processes.     The estimates of demand (by use) are based upon readily available sources of information from  applicable government resources, along with available data gathered from reputable private  industry resources. Lambert conducted only limited field research to independently verify the real  estate market data, consistent with the study’s scope of services as approved.     The manner for reporting and documenting the research, analysis, and findings associated with  the market analysis includes an Executive Summary (this document), which highlights the key  findings and conclusions related to estimates of market demand by use, and an Appendix section  consisting of all the supporting analysis of data detailed in the form of maps, tables, charts, and  graphs.       The analysis does not make recommendations as to how the City (and its planners) should plan  for the future of the TODD area, but instead provides a baseline to inform the plan and code  amendment process, which is designed to be vetted by City residents and their elected officials.      The analysis considers economic, demographic, and real estate market conditions and trends  within Miami Dade County and the City of South Miami, but also two other important geographies  (illustrated in Section 1 of the Appendix). They are:     1) South Miami Transit Corridor (referred throughout the study as the “Corridor”) – The  Florida Department of Transportation defines a corridor as any land area designated by  the state, a county or a municipality between two geographic points and which is used or  is suitable for the movement of people and goods by one or more modes of  transportation.  A Transit Station Area as a one‐half‐mile radius around a transit station.     For the purposes of this study, we reviewed the segment of corridor stretching from Bird  Road (north) to Dadeland Station (south) within one‐half mile of the Metrorail line that  bounds US‐1.  This Corridor represents the geographic area within which the South Miami  TODD District will most heavily compete for future transit‐oriented housing development.     2) South Miami Trade Area (referred throughout the study as the “Trade Area”) – which is an  approximate 10‐minute drive‐time radius,1 and represents the geographic area from  which the TODD may generate the majority of its customers for retail and office uses.                                                                 1 The 10‐minute drive time is calculated by ESRI.com during non‐peak periods; therefore, we recognize there is a a level of variability that needs  to be considered for peak and non‐peak traffic periods.  40 Multifamily Residential Retail Office Hotel City of South Miami TODD Economic and Market Assessment (DRATT) 3 The estimates of potential demand by use consider a range of demand "scenarios." The low end of the range is derived from the estimate of "constant" demand (based on historic trend), while the high end of the range is defined as an "upper" capture scenario which could result from a variety of factors (e.g., the amendment of regulations to increase development flexibility; the potential for transit improvements contemplated by the TPO; continued pressure for provision of affordable and workforce housing, both locally and throughout the county; eventual "spillover" from development already occurring in other nearby Transit-Oriented Development nodes along the US-1 spine; etc.) Ill.Key Conclusions Based upon the assumptions set forth above and the analysis work completed for this engagement, Lambert has prepared the following estimates of potential demand and capture anticipated throughout a 15-year projection period going from 2019 to 2034. Figure 2: South Miami Estimated Total Potential Demand, by Use (2019-2034) 1,200 units 150,000 sq.ft. 200,000 sq.ft. 380 rooms 1,600 units 225,000 sq.ft. 400,000 sq.ft. 480 rooms Figure 3: Potential TODD District Estimated Capture, by Use, in Consideration of Planned Development Remaining Potential for TODD District Estimated Total High Demand (2019-2 ) Deve pments in the pipeline within TODD (west of US1) evelopments m p ng outside of TODD (east of US1) Shops at Sunset Winn- (net)**Dixie*** Residential (MF/TH) 1,600 203 414 260 723 Retail (incl Restaurant &Serv) 225,000 5,119 23,000 (84,032) 15,720 265,193 Office 400,000 200,000 17,840 182,160 Hotel 480 182 298 * County land, development subject to terms of lease. Residential component is exclusively student apartments ** Net planned redevelopment: proposed reduction of retail; slight increase of office space; large increase of residential and addition of hotel ***Does not include square footage of the repositioned grocery store. 3 City of South Miami TODD Economic and Market Assessment (DRAFT)   3 | Page     The estimates of potential demand by use consider a range of demand “scenarios.” The low end  of the range is derived from the estimate of “constant” demand (based on historic trend), while  the high end of the range is defined as an “upper” capture scenario which could result from a  variety of factors (e.g., the amendment of regulations to increase development flexibility; the  potential for transit improvements contemplated by the TPO; continued pressure for provision of  affordable and workforce housing, both locally and throughout the county; eventual “spillover”  from development already occurring in other nearby Transit‐Oriented Development nodes along  the US‐1 spine; etc.)    III. Key Conclusions  Based upon the assumptions set forth above and the analysis work completed for this engagement,  Lambert has prepared the following estimates of potential demand and capture anticipated throughout a  15‐year projection period going from 2019 to 2034.    Figure 2: South Miami Estimated Total Potential Demand, by Use (2019‐2034)      Figure 3: Potential TODD District Estimated Capture, by Use, in Consideration of Planned Development      Alta Treo * Shops at  Sunset  (net)** Winn‐ Dixie*** Residential (MF/TH)1,600               203                 99                   414                 260                 723                         Retail (incl Restaurant & Serv)225,000          5,119              23,000            (84,032)         15,720           265,193                Office 400,000          200,000         17,840          182,160                Hotel 480                   182                298                         ** Net planned redevelopment: proposed reduction of retail; slight increase of office space; large increase of  residential and addition of hotel *** Does not include square footage of the repositioned grocery store.  Estimated  Total High  Demand  (2019‐2034) Developments in the  pipeline within TODD  (west of US1) Developments in plng  outside of TODD (east of  US1) Remaining  Potential for  TODD District Land Use Type * County land, development subject to terms of lease. Residential component is exclusively student apartments  41 City of South Miami TODD Economic and Market Assessment (DRAFT) IV.Analysis Summary and Highlights The balance of this Executive Summary provides highlights of the research, analysis and results from the economic and market analysis. As noted, supporting documentation of data and analysis is included in the Appendix. (i) South Miami TODD Geographic Highlights As illustrated in Figure 1 on page 1, the South Miami TODD study area is defined by the corridor bound by South Dixie Highway to the east, and generally between: S.W. 68th Street to the north; S.W. 74th Street to the south; and, S.W. 62nd Avenue to the west. At the center of the TODD area is the South Miami metro-rail station, and to the south is the South Miami/Baptist Health complex. The study area is located roughly 8 miles south of Downtown Miami. Within and immediately surrounding the study area is low- to moderate density residential and commercial development. The market analysis considers the implications of competing supply and demand factors from surrounding activity nodes, especially those located in Coral Gables and Dadeland Station, which provide the two other transit centers on the defined Corridor. (ii) South Miami TODD Estimates of Demand by Use Sections 2 through 6 of the Appendix compile and analyze the supporting demographic, economic and real estate market data supporting the estimate of demand within the TODD District for multifamily housing, retail/entertainment, office, and hotel. Following is a snapshot of key findings for each potential use: • Multifamily Housing (see Section 3): According to the most recent population projections from Miami Dade County,' population within the South Miami Transit Corridor (Corridor) is forecast to increase from 32,909 in 2010 to 45,794 in 2040; or, an average annual growth of 430 persons. Based upon an average multifamily household size of 2.3 persons, this represents demand for 5,600 housing units, or 190 units average annually within the Transit Corridor during the 30-year timeline. If we look at the County's data as the baseline to forecast population/household growth within the Corridor during the next 15-year period (2019 to 2034), the Corridor is projected to grow by a total 2,800 households. Lambert's research, however, indicates that there have already been 1,964 units built since 2010, with an additional 1,758 units currently under construction and anticipated to be completed by around 2020. Therefore, there could be approximately 3,572 multifamily units built between 2010 and 2020 (+/- 360 units/year on average). This not only represents nearly double the pace of the County's current projections: the development being built already surpasses the total demand for a 15-year projection period. In addition, there are approximately 1,794 multifamily units that have been or are expected to be 2 Traffic Area Zone (TAZ) population data downloaded from: Miami-Dade_TAZs_2040_Pop.shp 41 City of South Miami TODD Economic and Market Assessment (DRAFT)   4 | Page    IV. Analysis Summary and Highlights  The balance of this Executive Summary provides highlights of the research, analysis and results from the  economic and market analysis.  As noted, supporting documentation of data and analysis is included in the  Appendix.   (i) South Miami TODD Geographic Highlights  As illustrated in Figure 1 on page 1, the South Miami TODD study area is defined by the corridor bound by  South Dixie Highway to the east, and generally between: S.W. 68th Street to the north; S.W. 74th Street to  the south; and, S.W. 62nd Avenue to the west.  At the center of the TODD area is the South Miami metro‐rail station, and to the south is the South  Miami/Baptist Health complex.  The study area is located roughly 8 miles south of Downtown Miami.   Within and immediately surrounding the study area is low‐ to moderate density residential and commercial  development.     The market analysis considers the implications of competing supply and demand factors from surrounding  activity nodes, especially those located in Coral Gables and Dadeland Station, which provide the two other  transit centers on the defined Corridor.   (ii) South Miami TODD Estimates of Demand by Use  Sections 2 through 6 of the Appendix compile and analyze the supporting demographic, economic and real  estate market data supporting the estimate of demand within the TODD District for multifamily housing,  retail/entertainment, office, and hotel.  Following is a snapshot of key findings for each potential use:     Multifamily Housing (see Section 3):  According to the most recent population projections from  Miami Dade County,2 population within the South Miami Transit Corridor (Corridor) is forecast to  increase from 32,909 in 2010 to 45,794 in 2040; or, an average annual growth of 430 persons.   Based upon an average multifamily household size of 2.3 persons, this represents demand for  5,600 housing units, or 190 units average annually within the Transit Corridor during the 30‐year  timeline.    If we look at the County’s data as the baseline to forecast population/household growth within the  Corridor during the next 15‐year period (2019 to 2034), the Corridor is projected to grow by a total  2,800 households. Lambert’s research, however, indicates that there have already been 1,964 units  built since 2010, with an additional 1,758 units currently under construction and anticipated to be  completed by around 2020.  Therefore, there could be approximately 3,572 multifamily units built  between 2010 and 2020 (+/‐ 360 units/year on average).      This  not  only  represents  nearly  double  the  pace  of  the  County’s  current  projections:  the  development being built already surpasses the total demand for a 15‐year projection period.  In  addition, there are approximately 1,794 multifamily units that have been or are expected to be                                                               2 Traffic Area Zone (TAZ) population data downloaded from: Miami‐Dade_TAZs_2040_Pop.shp 42 City of South Miami TODD Economic and Market Assessment (DRAFT) submitted for plan approval within the Corridor. Approximately 50 percent of these (867 units, as submitted) are potential projects located within the City of South Miami, including: Alta (203 units), Shops at Sunset redevelopment (414 units, net), Winn Dixie redevelopment (260 units). Even if these planned projects were built within a 5- to 6-year period from now, this would indicate a development pace of roughly 300 to 350 units average annually, which is directly consistent with the development trends since 2010. Considering this, and in the effort to forecast potential demand for multifamily housing within the TODD District, our analysis considers both the County's population modeling as well as actual development trends and activity. We estimate average annual household growth for the Corridor to be consistent with recent and foreseeable development trends noted above, which results in an average of about 320 units annually. ..,,.. This equates to an estimate of 4,800 total units for the Corridor between 2019 and 2034, this being the base of demand upon which the three Corridor stations will compete. If we assume from a conservative (low) basis that the Corridor could capture 25 percent of the total demand, there would be 1,200 units from 2019 to 2034. However, if the City were to capture its one-third fair share through policy changes and/or other incentives, then we could consider the higher projection estimate to be 1,600 units during the same period. It is worth mentioning that the estimate for the TODD District includes the previously-noted 867 units "in planning" in South Miami. We should also emphasize that the demand set forth herein is for total housing irrespective of affordability. The City may wish to consider the benefit of establishing workforce/affordable housing policies, whether in relation to the TODD District planning or a broader (citywide) basis. MI • Retail (Section 4): The retail market analysis provides a general overview of market conditions at the regional, Trade Area and City level. Sunset Place long served as a significant regional retail destination for the City and the Trade Area, and is now pending a repositioning into a larger mixed- use development. Dadeland Mall (including Downtown Dadeland) represents the Trade Area's major single shopping destination, while other regional malls such as The Shops at Merrick Park and The Falls sit just outside of the Trade Area. From 2000 to 2018, there was approximately 1.7 million square feet of retail space built in the Trade Area, or almost +100,000 square feet of retail per annum. Presently, the Trade Area retail occupancy is generally very strong at +98 percent.3 The City of South Miami, however, has experienced limited new retail development since 2000. In terms of total retail inventory, the City comprises approximately 10 percent of the Trade Area's total retail stock. Located within the City of Coral Gables, Gables Station represents the only new major retail center currently under construction (120,000 square feet). Also nearby is Paseo de la 3 Costar 5I City of South Miami TODD Economic and Market Assessment (DRAFT)   5 | Page    submitted for plan approval within the Corridor. Approximately 50 percent of these (867 units, as  submitted) are potential projects located within the City of South Miami, including: Alta (203 units),  Shops at Sunset redevelopment (414 units, net), Winn Dixie redevelopment (260 units).  Even if  these planned projects were built within a 5‐ to 6‐year period from now, this would indicate a  development pace of roughly 300 to 350 units average annually, which is directly consistent with  the development trends since 2010.    Considering this, and in the effort to forecast potential demand for multifamily housing within the  TODD District, our analysis considers both the County’s population modeling as well as actual  development trends and activity. We estimate average annual household growth for the Corridor  to be consistent with recent and foreseeable development trends noted above, which results in an  average of about 320 units annually.      This equates to an estimate of 4,800 total units for the Corridor between 2019 and 2034, this being  the base of demand upon which the three Corridor stations will compete.  If we assume from a  conservative (low) basis that the Corridor could capture 25 percent of the total demand, there  would be 1,200 units from 2019 to 2034.  However, if the City were to capture its one‐third fair  share through policy changes and/or other incentives, then we could consider the higher projection  estimate to be 1,600 units during the same period. It is worth mentioning that the estimate for the  TODD District includes the previously‐noted 867 units “in planning” in South Miami.      We should also emphasize that the demand set forth herein is for total housing irrespective of  affordability.  The  City  may  wish  to  consider  the  benefit  of  establishing  workforce/affordable  housing policies, whether in relation to the TODD District planning or a broader (citywide) basis.      Retail (Section 4): The retail market analysis provides a general overview of market conditions at  the regional, Trade Area and City level.  Sunset Place long served as a significant regional retail  destination for the City and the Trade Area, and is now pending a repositioning into a larger mixed‐ use development.  Dadeland Mall (including Downtown Dadeland) represents the Trade Area’s  major single shopping destination, while other regional malls such as The Shops at Merrick Park  and The Falls sit just outside of the Trade Area.      From 2000 to 2018, there was approximately 1.7 million square feet of retail space built in the  Trade Area, or almost +100,000 square feet of retail per annum.  Presently, the Trade Area retail  occupancy is generally very strong at +98 percent.3     The City of South Miami, however, has experienced limited new retail development since 2000. In  terms of total retail inventory, the City comprises approximately 10 percent of the Trade Area’s  total retail stock.  Located within the City of Coral Gables, Gables Station represents the only new  major retail center currently under construction (120,000 square feet). Also nearby is Paseo de la                                                               3 Costar 43 City of South Miami TODD Economic and Market Assessment (DRAFT) Riviera, a mixed use development which will include some retail space. Notable retail development in planning within the City of South Miami includes the potential redevelopment of Winn Dixie and the Shops at Sunset. Both of these are mostly a repositioning of existing retail, with the Shops, as planned, potentially reducing the amount of existing retail by about 84,000 square feet. In the effort estimate retail demand for the TODD, we apply the Lambert Advisory Retail Trade Model, which utilizes a variety of data sources and a series of models that estimates expenditures within the Trade Area and translates it into demanded square feet of retail space by merchandise category. It takes into account expenditures by residents, workers and visitors within and outside of the Trade Area. In all, there is an estimated demand for approximately 1.5 million square feet of retail in the Trade Area over the next 15-year period. Based upon the City's current capture rate of the Trade Area's overall retail (10 percent), the lower limit of potential demand is +150,000 square feet. If we consider the future capture to be more in line with the City's proportionate share of the Trade Area's population (15 percent), then the higher level of demand is estimated to be +255,000 square feet. • Office (Section 4): The Trade Area comprises 8.5 million square feet of office, with the City having a total 1.5 million square feet, or 12 percent of the Trade Area's office inventory. From 1990 to 2000, the Trade Area added less than 400,000 square feet of total office space. However, from 2000 to 2010, there were upwards of 2 million square feet added, including some large-scale developments such as South Miami Medical Arts Building, Town Center One and 4000 Ponce. Including the South Miami Medical Arts complex, the City saw more than 600,000 square feet of office, or nearly 27 percent of the Trade Area's office space built since 1990.4 Overall, the office market occupancy is quite strong in both the Trade Area (+95 percent) and City (+99 percent). The City's office inventory is nearly fully occupied and, in spite of the diminishing amount of space, the City absorbed 160,000 square feet of office space during the past five years (nearly one-third of the entire Trade Area demand). Furthermore, despite the very strong market conditions, there is no new office currently under construction (200,000 square feet of office development is planned at Treo SoMi and 120,000 square feet is planned at Downtown Dadeland). The basis for determining office demand within the Trade Area considers office sector employment projections, along with current and prospective office market conditions at the local and regional level. Based upon office employment projections from the Florida Department of Economic Opportunity (FDEO), the Trade Area's office demand is estimated to total 1.6 million square feet during the next 15-year period. If, in a lower-case scenario, the City were to capture its current 12 Costar 61 City of South Miami TODD Economic and Market Assessment (DRAFT)   6 | Page    Riviera, a mixed use development which will include some retail space. Notable retail development  in planning within the City of South Miami includes the potential redevelopment of Winn Dixie and  the Shops at Sunset. Both of these are mostly a repositioning of existing retail, with the Shops, as  planned, potentially reducing the amount of existing retail by about 84,000 square feet.    In the effort estimate retail demand for the TODD, we apply the Lambert Advisory Retail Trade  Model, which utilizes a variety of data sources and a series of models that estimates expenditures  within the Trade Area and translates it into demanded square feet of retail space by merchandise  category.  It takes into account expenditures by residents, workers and visitors within and outside  of the Trade Area.      In all, there is an estimated demand for approximately 1.5 million square feet of retail in the Trade  Area over the next 15‐year period.      Based upon the City’s current capture rate of the Trade Area’s overall retail (10 percent), the lower  limit of potential demand is +150,000 square feet.  If we consider the future capture to be more in  line with the City’s proportionate share of the Trade Area’s population (15 percent), then the higher  level of demand is estimated to be +255,000 square feet.       Office (Section 4):  The Trade Area comprises 8.5 million square feet of office, with the City having  a total 1.5 million square feet, or 12 percent of the Trade Area’s office inventory.     From 1990 to 2000, the Trade Area added less than 400,000 square feet of total office space.   However, from 2000 to 2010, there were upwards of 2 million square feet added, including some  large‐scale developments such as South Miami Medical Arts Building, Town Center One and 4000  Ponce.  Including the South Miami Medical Arts complex, the City saw more than 600,000 square  feet of office, or nearly 27 percent of the Trade Area’s office space built since 1990.4    Overall, the office market occupancy is quite strong in both the Trade Area (+95 percent) and City  (+99 percent).  The City’s office inventory is nearly fully occupied and, in spite of the diminishing  amount of space, the City absorbed 160,000 square feet of office space during the past five years  (nearly one‐third of the entire Trade Area demand).  Furthermore, despite the very strong market  conditions, there is no new office currently under construction (200,000 square feet of office  development is planned at Treo SoMi and 120,000 square feet is planned at Downtown Dadeland).      The basis for determining office demand within the Trade Area considers office sector employment  projections, along with current and prospective office market conditions at the local and regional  level. Based upon office employment projections from the Florida  Department  of  Economic  Opportunity (FDEO), the Trade Area’s office demand is estimated to total 1.6 million square feet  during the next 15‐year period.  If, in a lower‐case scenario, the City were to capture its current 12                                                               4 Costar 44 City of South Miami TODD Economic and Market Assessment (DRAFT) percent share of Trade Area demand, that would represent about 200,000 square feet. However, if we use a higher-capture rate that is consistent with recent development and absorption trends (or 24 percent of Trade Area capture), the potential TODD office demand may increase to 400,000 square feet. Lambert strongly believes the higher capture rate is achievable when considering the benefit of having offices located within transit development that is proximate to a major hospital. • Hotel Market Overview (Section 5): There are six hotels (+815 rooms) within the entire Trade Area. Four hotel/motels closed the past few years, including the University Holiday Inn which will be replaced by a new 252 hotel at the under-construction Paseo de la Riviera. Since 2000, there have been two new developments (Hampton Inn Dadeland and Courtyard Dadeland) built within the Trade Area, with a total 260 rooms. One additional new hotel (Hilton Dadeland) is currently under construction. The potential redevelopment of Shops at Sunset includes a 182-room hotel. In order to measure potential hotel demand for the TODD District, Lambert prepared an illustrative hotel demand model that evaluates the impact of adding new hotel supply to an existing set of hotel properties. Therefore, after adding the Hilton Dadeland to the existing base of Trade Area hotels, the hotel market can support an estimated 380 to 480 additional hotel rooms during the next 15-year period, including the proposed hotel development at Shops at Sunset. 7IPage City of South Miami TODD Economic and Market Assessment (DRAFT)   7 | Page percent share of Trade Area demand, that would represent about 200,000 square feet. However,  if we use a higher‐capture rate that is consistent with recent development and absorption trends  (or 24 percent of Trade Area capture), the potential TODD office demand may increase to 400,000  square feet.  Lambert strongly believes the higher capture rate is achievable when considering the  benefit of having offices located within transit development that is proximate to a major hospital.   Hotel Market Overview (Section 5):  There are six hotels (+815 rooms) within the entire Trade Area. Four hotel/motels closed the past few years, including the University Holiday Inn which will be replaced by a new 252 hotel at the under‐construction Paseo de la Riviera. Since 2000, there have been two new developments (Hampton Inn Dadeland and Courtyard  Dadeland) built within the Trade Area, with a total 260 rooms. One additional new hotel (Hilton  Dadeland)  is  currently  under  construction.  The  potential  redevelopment  of  Shops  at  Sunset  includes a 182‐room hotel.  In order to measure potential hotel demand for the TODD District, Lambert prepared an illustrative  hotel demand model that evaluates the impact of adding new hotel supply to an existing set of  hotel properties. Therefore, after adding the Hilton Dadeland to the existing base of Trade Area  hotels, the hotel market can support an estimated 380 to 480 additional hotel rooms during the  next 15‐year period, including the proposed hotel development at Shops at Sunset.  45 ADVISORY South Miami Comp Plans and Land Development Code Amendments/ TODD District (Economic and Market Assessment) October, 2018 October, 2018 South Miami Comp Plans and Land Development  Code Amendments/ TODD District (Economic and Market Assessment) 46 Economic/Market Assessment - Objectives • Conduct high-level economic/demographic assessment of City, Trade Area and Transit Corridor for underlying demand by use • Complete baseline understanding of historical, current and prospective real estate development trends by use • Provide general insight into demand over a 15 year period, by use: 3 Residential (multifamily) 3 Office 3 Retail 3 Hotel • Provide strategic insight as to how future demand among various uses could drive redevelopment and related land use planning in the TODD District Economic/Market Assessment ‐ Objectives •Conduct high‐level economic/demographic assessment of City, Trade  Area and Transit Corridor for underlying demand by use •Complete baseline understanding of historical, current and  prospective real estate development trends by use •Provide general insight into demand over a 15 year period, by use: Residential (multifamily) Office Retail Hotel •Provide strategic insight as to how future demand among various uses  could drive redevelopment and related land use planning in the TODD  District  47 SECTION ONE SOUTH MIAMI TODD GEOGRAPHIC HIGHTLIGHTS LAMBERT ADVISORY DATA GUIDED STRATEGY SECTION ONE SOUTH MIAMI TODD GEOGRAPHIC HIGHTLIGHTS 48 SOUTH MIAMI TRANSIT CORRIDOR a S f, • sro tom si SW 141191 SW 212251 ij SW 72nd St SW 11111 St Majorca Jr . CnLI. Ave --Coral Galtilos .0..1.. SW 737,457 Coral Way •=:1 SW 22nd In • SW 22.151; 5W 1321 Tw7 SW 1.,5t • South Miami Transit Corridor defined as the area within 1/2 mile of US 1, between Bird Road and Dadeland Station, which represents the area within which the South Miami TODD District primarily competes for future housing demand SW 2111 51 Va 2711 St • Palermo Ao Catalog. Mi•a 1. Mallow 4.v. Anaataata Av. R1%00100. I" MA 8101d 522 .01h 5: SW Ian Si SW .-12 9.1 • AI to OW 5 .•11bra Cn SW 2111 St C Ca..anna Camcg.2* Agg 01 Iggv, SW 102,011 ,ang rg▪ s • SW 1041151 Sw 106/ 57 SW 11111 Sl SW 1122,12 • Subject Site US1 1-1 US 1 1/2 Mile Buffer() City of South Miami •South Miami Transit Corridor defined as the area within  ½ mile of US 1, between Bird Road and Dadeland  Station, which represents the area within which the  South Miami TODD District primarily competes for future  housing demand  SOUTH MIAMI TRANSIT CORRIDOR SW 72nd St. 49 CITY OF SOUTH MIAMI & TRADE AREA • Trade Area comprises an approximate 10+ minute drive time from core of study corridor (Source: ESRI.com) • Trade Area is the area within which primary demand for retail and office is "driven" into South Miami's core Subject Site Trade Area F-1 City of South Miami e •Trade Area comprises an approximate 10+ minute drive  time from core of study corridor (Source: ESRI.com) •Trade Area is the area within which primary demand  for retail and office is “driven” into South Miami’s  core CITY OF SOUTH MIAMI & TRADE AREA SW 72nd St. 50 SECTION TWO ECONOMIC & DEMOGRAPHIC CONTEXT LAMBERT ADVISORY DATA GUIDED STRATEGY SECTION TWO ECONOMIC & DEMOGRAPHIC CONTEXT 51 SW 1025651 001 540 10415 St 57 sw 106. s SW11711.51 5* *1111 at at A— WI. Are W Swats Are. °beta Ave maw.. Aw •• 11',°"'A Alliandirs 11 Loral wwI a Catalonon Idalaga Av. AnAstasts Ay. Borns°. w4 of NA Carol babies slit.14114a Sri SW 21115 51 72nd In • SW 2 r 4 ne Tel 5WaienSt SW 71141 St 77Th St swlM5St a swte551 allied SW WW1 5 • SW 41411 SI afiAS1 SW 7515 SI sYr 5051 ; on Are Grand A 4p c • P A.' • S a ee RO A to Are 5 la, a C. -141.66010. RI CILII.00401.• 15* VOSI 6 SW SAW c 4 • Sol.. 7, sw 010.51 51 S SW Mk st 1011,406. SW 6Yn 51 SW 710, SI SW 72.51 SW 34111S1 SW 751b sl C Sw 13,0 ST ACSon.. • Subject Site US1 I-I US 1 112 Mile Buffer() I-I City of South Miami SOUTH MIAMI TRANSIT CORRIDOR (Population Projections 2010 to 2040) 50,000 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 2010 2040 • Transit corridor projected to add an average 430 persons/year • Estimated 190 households average annually (or 2.3 persons/household) SOUTH MIAMI TRANSIT CORRIDOR (Population Projections 2010 to 2040) 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 2010 2040 •Transit corridor projected to add an  average 430 persons/year •Estimated 190 households average annually  (or 2.3 persons/household) 52 DEMOGRAPHIC SNAPSHOT: 2010/2016 TRADE AREA, CITY & COUNTY • City of South Miami population roughly 14% of Trade Area • City has smaller avg. household size compared to Trade Area and County • The City and Trade Area have greater homeownership than the County. Trade Area City of South Miami Miami Dade Total Population ACS 2016 89,019 12,207 2,664,418 2010 Population 83,675 11,427 2,445,374 Households ACS 2016 31,057 4,194 853,624 Avg. HH Size ACS 2010 2.59 2.48 2.85 Median Household Income ACS 2016 $87,082 $60,519 $44,224 Per Capita Income ACS 2016 $47,403 $37,482 $24,515 Owner Occupied Households % ACS 2016 62.4% 60.00% 52.60% Renter Occupied 37.6% 40.00 47.30% Households % ACS 2016 Source: Census ACS 2010 & 2016 TRADE AREA, CITY & COUNTY DEMOGRAPHIC SNAPSHOT: 2010/2016 •City of South Miami population  roughly 14% of Trade Area •City has smaller avg. household  size compared to Trade Area and  County •The City and Trade Area have  greater homeownership than  the County. Trade Area City of South Miami Miami Dade Total Population ACS 2016 89,019  12,207 2,664,418 2010 Population 83,675  11,427 2,445,374 Households ACS 2016 31,057  4,194  853,624 Avg. HH Size ACS 2010 2.59  2.48  2.85 Median Household Income  ACS 2016 $87,082  $60,519  $44,224  Per Capita Income ACS 2016 $47,403 $37,482 $24,515  Owner Occupied  Households % ACS 2016 62.4% 60.00% 52.60% Renter Occupied  Households % ACS 2016 37.6% 40.00 47.30% Source: Census ACS 2010 & 2016  53 1.80% 1.60% 1.40% 1.20% 1.00% 0.80% 0.60%0.54% 0.40% 0.20% 0.00% I 1990-2000 2000-2010 2010-2016 Trade Area n City of South Miami n Miami Dade County 1.64% 1.44% 1.11% 1.04% 0.12% 1.37% 0.82% 0.62% AREA ANNUAL POPULATION GROWTH RATE 1990 - 2016 1990 - 2016 • Growth rates among all geographies moderated considerably between 1990-2000 and 2000-2010 • ACS 2012-2016 data indicates population growth within all areas • However, it is more illustrative since it uses moving 5 year average as opposed to the more definitive decennial survey. Source: ACS 2016 1990 ‐ 2016 AREA ANNUAL POPULATION GROWTH RATE 1990 ‐ 2016  •Growth rates among all  geographies moderated  considerably between 1990‐2000  and 2000‐2010 •ACS 2012‐2016 data indicates  population growth within all areas •However, it is more  illustrative since it uses  moving 5 year average as  opposed to the more  definitive decennial survey.  Source: ACS 2016  0.54% 0.12% 1.04% 1.37% 0.62% 1.11% 1.64% 0.82% 1.44% 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20% 1.40% 1.60% 1.80% 1990‐2000 2000‐2010 2010‐2016 Trade Area City of South Miami Miami Dade County 54 AVERAGE ANNUAL HOUSEHOLD GROWTH RATE • According to 2000 & 2010 Census, the City actually shows a modest decline in number of households • Partially attributed to an increasing average household size (2.45 to 2.48, respectively) 2000 - 2010 1.00% - 0.81% 0.80% 0.60% 0.40% Trade Area 0.20% City of South Miami Miami Dade County 0.00% 2000-2010 -0.20% -0.40% -0.43% -0.48% -0.60% Source: ACS 2010 & 2016 2000 - 2010 AVERAGE ANNUAL HOUSEHOLD GROWTH RATE •According to 2000 & 2010  Census, the City actually  shows a modest decline in  number of households •Partially attributed to an  increasing average  household size (2.45 to  2.48, respectively) Source: ACS 2010 & 2016  ‐0.48%‐0.43% 0.81% ‐0.60% ‐0.40% ‐0.20% 0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 2000‐2010 Trade Area City of South Miami Miami Dade County 55 DEMOGRAPHIC SNAPSHOT: 2016 City has modestly younger population than Trade Area TRADE AREAS, CITY & COUNTY City of South Trade Area Miami 41.1 39.0 Miami Dade 37.7 Median Age ACS 2016 • With slightly higher composition of child- Under 19 23.6% 21.9% 23.4% age 20-34 21.8% 22.3% 21.0% This has potential implications for future housing typology 35-54 55 — 65 26.8% 12.1% 30.7% 12.8% 29.2% 11.5% 65+ 15.7% 12.3% 14.9% Source: ACS 2016 DEMOGRAPHIC SNAPSHOT: 2016 •City has modestly younger  population than Trade Area •With slightly higher  composition of child‐ age •This has potential  implications for future  housing typology Source: ACS 2016  Trade Area City of South  Miami Miami Dade Median Age ACS  2016 41.1 39.0 37.7 Under 19 23.6% 21.9% 23.4% 20‐34 21.8% 22.3% 21.0% 35‐54 26.8% 30.7% 29.2% 55 – 65 12.1% 12.8% 11.5% 65+15.7% 12.3% 14.9% TRADE AREAS, CITY & COUNTY 56 TRADE AREA AND COUNTY FORECAST POPULATION 2010 - 2040 10,000,000 1,000,000 100,000 10,000 1,000 100 10 1 City projected to increase 0.63% avg. annually through 2040; Trade Area at 0.78% • The County is projected to increase by 0.79% annually. Diminishing land availability within City and Trade area likely factoring into TPO population forecasts 2,452,487 3,102,138 81,849 98,827 11,739 14,818 lor Trade Area City of South Miami Miami Dade County 2010 2040 Source: Miami Dade TPO •City projected to increase 0.63% avg.  annually through 2040; Trade Area at  0.78% •The County is projected to increase by  0.79% annually. •Diminishing land availability within City and  Trade area likely factoring into TPO  population forecasts 2010 ‐ 2040  TRADE AREA AND COUNTY FORECAST POPULATION Source: Miami Dade TPO  81,849 98,827 11,739 14,818 2,452,487 3,102,138 1 10 100 1,000 10,000 100,000 1,000,000 10,000,000 2010 2040 Trade Area City of South Miami Miami Dade County 57 HOUSING TENURE 2016 Trade Area Renter • Trade Area and City have notably 38% A higher homeownership rates O 62% than County NoW Positive implications for City of South Miami Miami Dade County balancing with potential rental housing demand Renter 40%Owner 53% Renter Owner 47% 60% Source: ACS 2016 2016 HOUSING TENURE  •Trade Area and City have notably  higher homeownership rates  than County •Positive implications for  balancing with potential  rental housing demand Source: ACS 2016  Owner 62% Renter 38% Trade Area Owner 60% Renter 40% City of South Miami Owner 53% Renter 47% Miami Dade County 58 MEDIAN HOUSEHOLD INCOME 2016 Both City and Trade Area have a substantially higher median household income than the County. • City's household income grew at 2.9% avg. annually from 2000 to 2010 • Slightly above CPI at roughly 2.5% $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 Trade Area City of South Miami Miami Dade County Source: ACS 2016 2016 MEDIAN HOUSEHOLD INCOME $87,082  $60,519  $44,224  $0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000 Trade Area City of South Miami Miami Dade County Source: ACS 2016  •Both City and Trade Area have a  substantially higher median  household income than the  County.  •City’s household income  grew at 2.9% avg. annually  from 2000 to 2010 •Slightly above CPI at  roughly 2.5% 59 37,482 $24,515 p. Trade Area City of South Miami Miami Dade County PER CAPITA INCOME • The Trade Area and City have far greater per capita income than County • Indicates support for new housing development and increasing expenditures $50,000 $45,000 $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $0 2016 $47,403 Source: ACS 2016 2016  PER CAPITA INCOME  $47,403 $37,482 $24,515  $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000 Trade Area City of South Miami Miami Dade County •The Trade Area and City have far  greater per capita income than  County •Indicates support for new  housing development and  increasing expenditures Source: ACS 2016  60 C01:11 Gables ar Median household income <$25K $25K-$60K $60K-51001t $100H-$125K >S125K Subject Site 1-1 City of South Mamie 10 Minute Drive .don hey MEDIAN HOUSEHOLD INCOME BY BLOCK GROUP ACS 2016 • Clear distinction of median household incomes between east and west sectors of Trade Area •Clear distinction of median  household incomes  between east and west  sectors of Trade Area MEDIAN HOUSEHOLD INCOME BY  BLOCK GROUP ACS 2016 61 i , Accommodation and Food Services, 6,843 Educational Services, 7,179 TRADE AREA EMPLOYMENT (10 Largest Sectors) 2010 to 2015 RE, Information, Mgt of Companies, 2,999 Construction, 2,813 • Trade Area added 10,500 jobs from 2010 to 2015 • 2.2% avg. annual growth • Health & Social Services by far largest sector in Trade Area (27% of total) • Retail Trade next largest sector at 16% Adm/Support, Waste 11111161- & Remediation, 3,190 Finance and Insurance, 4,404 Professional, Scientific, and Retail Trade, 14,599 Technical Services, 7,609 Health Care and Social Assistance, 24,814 Transportation and Warehousing, 11,169 Source: Census On the Map 2010 to 2015 TRADE AREA EMPLOYMENT (10 Largest Sectors)  •Trade Area added 10,500 jobs  from 2010 to 2015 •2.2% avg. annual growth •Health & Social Services by far  largest sector in Trade Area  (27% of total) •Retail Trade next largest sector  at 16% Source: Census On the Map  Health Care and Social  Assistance, 24,814 Retail Trade, 14,599 Transportation and  Warehousing, 11,169 Professional,  Scientific, and  Technical  Services, 7,609 Educational Services,  7,179 Accommodation and Food  Services, 6,843 Finance and Insurance,  4,404 Adm/Support, Waste  & Remediation,  3,190 RE, Information, Mgt  of Companies, 2,999 Construction, 2,813 62 1 • Miami Dade County Employment Projections by Sector (2017 & 2025) Self-Employed and Unpaid Family Workers Government Other Services (Except Government) Leisure and Hospitality Education and Health Services Professional and Business Services Financial Activities Information Trade, Transportation, and Utilities Manufacturing Construction Mining Agriculture, Forestry, Fishing and Hunting Education/Health Sector, Trade/Transportation/Utilities, and Professional/Business Services are among strongest growth sectors 2025 2017 0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 Source: FDEO Miami Dade County Employment Projections by Sector  (2017 & 2025) Source: FDEO Education/Health Sector,  Trade/Transportation/Utilities, and  Professional/Business Services are  among strongest growth sectors 0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 Agriculture, Forestry, Fishing and Hunting Mining Construction Manufacturing Trade, Transportation, and Utilities Information Financial Activities Professional and Business Services Education and Health Services Leisure and Hospitality Other Services (Except Government) Government Self‐Employed and Unpaid Family Workers 2025 2017 63 Fountainebleau University Park VVestricoti Lakes Coral Ter rar, Kendall TRADE AREA JOBS INFLOW/OUTFLOW • Roughly 7% of workers in Trade WOO %aril; Westchester TI Olympia lierght Lakes The Crosstngs Area, live in Trade Area • Though there's no "standard" metric, pushing to 10% is considered reasonable • Particularly in light of regulatory/land constraints • Creates opportunities for increased future housing demand Source: Census OnTheMap Inflow/Outflow Job Counts (All Jobs) 2016 Count Share Employed in the Selection Area 93,282 100.0% Employed in the Selection Area but Living Outside 86,656 92.9% Employed and Living in the 6,626 7.1% Selection Area Living in the Selection Area 100.0% 36,813 Living in the Selection Area but Employed Outside 30,187 82.0% Living and Employed in the 6,626 18.0% Selection Area TRADE AREA JOBS INFLOW/OUTFLOW  •Roughly 7% of workers in Trade  Area, live in Trade Area •Though there’s no  “standard” metric, pushing  to 10% is considered  reasonable •Particularly in light of  regulatory/land constraints •Creates opportunities for  increased future housing  demand Source: Census OnTheMap 64 c al Gitte-s-, sw.:• R yr I. ny G6in. sw Pad k R lipr Alait.y. n n Annual Average Daily Traffic q - 5,000 — 5,001 - 10,000 10,000 - 20,000 20,000 - 40,000 40,009 - 80,000 —80,000 - 180,000 > 180,000 Subject Site I=ICity of South Miami I=1 Trade Area Draymog Ray CO YI-80 IlMe110 Calls I Rawl Chan.. 1:R•Oirg E yaaR AVERAGE DAILY TRAFFIC COUNTS Traffic on the major roads and highways is generally congested, particularly during peak hours. Secondary roads within the Trade Area have low to mid average daily traffic count. Source: FDOT Annual Average Daily Traffic Counts Traffic on the major roads and highways is  generally congested, particularly during  peak hours.  Secondary roads within the  Trade Area have low to mid average daily  traffic count.  AVERAGE DAILY TRAFFIC COUNTS Source: FDOT Annual Average Daily Traffic Counts  65 SECTION THREE HOUSING MARKET ASSESSMENT LAMBERT ADVISORY DATA GUIDED STRATEGY SECTION THREE  HOUSING MARKET ASSESSMENT  66 Multi-family Permit Activity (Miami Dade County 2005 to 2017) • Following housing bust (2008/9), County's multifamily permitting has been strengthening, though cyclical during past 3-4 years • Lion's share of multifamily development along the coast and Downtown Miami 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 I I I I I I 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Multi‐family Permit Activity (Miami Dade County – 2005 to 2017) 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 •Following housing bust (2008/9), County’s multifamily permitting has been strengthening, though cyclical  during past 3‐4 years •Lion’s share of multifamily development along the coast and Downtown Miami 67 100 80 60 40 20 I 0 $200,000 $150,000 $100,000 $50,000 $- 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 City of South Miami Condominium Sales Activity • No new condo development in more than 14 years • Valencia is a conversion from rental • Sale prices rising steadily since 6-7 years • Though still below pre-recession peak i Sales $ —Sales City of South Miami Condominium Sales Activity  $‐  $50,000  $100,000  $150,000  $200,000  $250,000  $300,000 0 20 40 60 80 100 120 2008 2 0 0 9 2 0 1 0 2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 Sales $Sales •No new condo  development in more  than 14 years •Valencia is a   conversion from  rental •Sale prices rising  steadily since 6‐7  years •Though still below  pre‐recession peak 68 Multifamily Rental Development Trend South Dade Transit Corridor (2010 to Forecast 2020) 3,572 units 3 1,850 1,800 1,750 1,700 1,650 1,600 • 3,600+ units will be built from 2010 to 2020 (370 average annual) • Compared to estimated household demand of 1,900 units • Additional 1,794 units submitted for planning/approval • South Miami has seen no new MF construction since 2004 • However, 867 potential new units are in some stage of planning review/approval • Shops at Sunset (404 units) • Alta (203 units) • Winn Dixie Redevelopment (260 units) A 1,595 units r Built UC In Planning Multifamily Rental Development Trend – South Dade Transit  Corridor (2010 to Forecast 2020) •3,600+ units will be built from 2010 to  2020 (370 average annual) •Compared to estimated household  demand of 1,900 units  •Additional 1,794 units submitted for  planning/approval •South Miami has seen no new MF  construction since 2004 •However, 867 potential new units are in  some stage of planning review/approval •Shops at Sunset (404 units) •Alta (203 units) •Winn Dixie Redevelopment (260 units) 1,600 1,650 1,700 1,750 1,800 1,850 1,900 1,950 2,000 Built UC In Planning 3,572 units 1,595 units 69 Miami Dade County 846 $1,379 $1.63 Trade Area 875 $1,937 $2.19 South Miami 881 $1,762 $2.01 3.5%4.3% 5.3%6.4% 3.2%4.6% Multifamily Rental Market Overview (County, Trade Area, South Miami) Avg. Unit vg. Month Avg. Rent Avg. Annl. ad Size (SF)Rent Per SF (past 5 yrs)Vacancy One BDR Two BDR Three BDR % of Inventory 49% 45% 6% Avg. Sq.ft./Unit 770 SF 1,115 SF 1,400 SF Source: Costar (note: unit mix based upon survey of Trade Area properties built since 2000) Multifamily Rental Market Overview (County, Trade Area, South Miami) Trade Area One BDR Two BDR Three BDR % of Inventory 49% 45% 6% Avg. Sq.ft./Unit 770 SF 1,115 SF 1,400 SF Source: Costar (note: unit mix based upon survey of Trade Area properties built since 2000) Avg. Unit  Avg. Month Avg. Rent Avg. Annl. ∆ Size (SF) Rent Per SF (past 5 yrs)Vacancy Miami Dade County 846  $1,379  $1.63 3.5%4.3% Trade Area 875  $1,937  $2.19 5.3%6.4% South Miami 881  $1,762  $2.01 3.2%4.6% 70 4,800 4,800 25%33% Estimated Multifamily Housing Demand (2019 2034) (South Miami Transit Corridor and TODD area) • County currently projects an average ±190 household demand per year between 2010 to 2040 • However, there are already 3,600+ units (360 units avg./year) to be built between 2010 and 2020 • An additional 1,794 units are in planning (300-350 units avg./year, if built out in 5 to 6 years) • Estimates for this analysis consider that an average of 320 housing units/year could demanded from 2019 to 2034 Total Est. Household Demand in Transit Corridor (2019-2034) TODD Area Capture (% Low and High) Estimated TODD Household Unit Demand (2019-2034)1,200 1,600 Estimated Multifamily Housing Demand (2019 – 2034) (South Miami Transit Corridor and TODD area) Low High Total Est. Household Demand in Transit Corridor (2019‐2034) 4,800 4,800 TODD Area Capture (% Low and High) 25% 33% Estimated TODD Household Unit Demand (2019‐2034) 1,200 1,600 •County currently projects an average +190 household demand per year between 2010  to 2040 •However, there are already 3,600+ units (360 units avg./year) to be built between 2010 and 2020 •An additional 1,794 units are in planning (300‐350 units avg./year, if built out in 5 to 6 years) •Estimates for this analysis consider that an average of 320 housing units/year could  demanded from 2019 to 2034 71 SECTION FOUR RETAIL MARKET ASSESSMENT LAMBERT ADVISORY DATA GUIDED STRATEGY SECTION FOUR  RETAIL MARKET ASSESSMENT  72 Retail Development Trends (Trade Area and South Miami) 5,000,000 4,500,000 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 • Trade Area retail development slowed considerably compared to prior 2 decades • From 1990 to 2010, 150,000+ sf avg. annually • 280,000 sf past 8 years • Gables Station (120,000 sf) only major retail under construction in Trade Area. Others are minor: • Paseo de la Riviera (u/c) = 20,000 sq. ft. • Winn Dixie redevelopment (planned) = 46,000 sq.ft. • Treo SoMi Station (planned) = 23,000 sq. ft. 0 Pre 1990 1990-1999 2000-2009 2010-Present Trade Area South Miami Retail Development Trends (Trade Area and South Miami) 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 5,000,000 Pre 1990 1990‐1999 2000‐2009 2010‐Present Trade Area South Miami •Trade Area retail development  slowed considerably compared to  prior 2 decades •From 1990 to 2010, 150,000+ sf avg.  annually •280,000 sf past 8 years •Gables Station (120,000 sf) only  major retail under construction in  Trade Area. Others are minor:  •Paseo de la Riviera (u/c) = 20,000 sq.  ft. •Winn Dixie redevelopment (planned) = 46,000 sq.ft. •Treo SoMi Station (planned) = 23,000  sq. ft. 73 Total Inventory Avg. Asking NNN Lease Rate (Per SF) Vacancy Net Absorption (past 5 years) Miami Dade County M 135M SF $36.54 IIII 4.0% I I 4.6M SI Retail Market Snapshot (County, Trade Area, & South Miami) Trade Area 9.4M SF $40.88 1.5%314,800 SF South Miami 912,000 SF $43.45 7.2%(41,000) SF • South Miami's retail market has higher vacancy than broader region • However, City commands stronger lease rates • South Miami represents 10% of Trade Area inventory • Modestly lower than its proportionate share of population (at 13.5%) Retail Market Snapshot (County, Trade Area, & South Miami) Total Inventory Avg. Asking NNN  Lease Rate (Per SF) Vacancy Net Absorption  (past 5 years) Miami Dade County 135M SF $36.54 4.0% 4.6M SF Trade Area 9.4M SF $40.88 1.5% 314,800 SF South Miami 912,000 SF $43.45 7.2% (41,000) SF •South Miami’s retail market has higher vacancy than broader region •However, City commands stronger lease rates •South Miami represents 10% of Trade Area inventory •Modestly lower than its proportionate share of population (at 13.5%) 74 Trade Area & South Miami Estimated Retail Demand (2019 to 2034) • Prepared on an order-of-magnitude • Regional malls have significant impact on Trade Area capture of surrounding area demand • "Low" capture rate assumes City captures current share of Trade Area retail; "High" capture assumes City more in line with its proportionate share of population 2019 2034 Change Estimated Population 89,820 101,224 11,403 Per Capita Income $47,403 $51,085 $3,682 Total Retail Expenditure Potential $979,281,480 $1,189,341,161 $210,059,681 Expenditure Potential by Category Food Services & Drinking Places $305,958,459 $371,587,737 $65,629,278 Shoppers Goods $1,154,050,974 $1,401,599,390 $247,548,416 Convenience Goods $560,483,888 $680,709,858 $120,225,971 Sales per Square Foot by Category Food Services & Drinking Places $380 $380 $0 Shoppers Goods $310 $310 $0 Convenience Goods $357 $357 $0 Supportable Square Footage by Category Food Services & Drinking Places 805,154 977,862 172,709 Shoppers Goods 3,726,877 4,526,306 799,430 Convenience Goods 1,619,536 1,966,933 347,397 Non-Retail Space 922,735 1,120,665 197,930 Total Supportable Retail Space 7,074,302 8,591,767 1,517,465 South Miami - ("Low" Capture at 10%) 151,747 South Miami ("High" Capture at 15%) 227,620 Trade Area & South Miami Estimated Retail Demand  (2019 to 2034) •Prepared on an order‐of‐magnitude •Regional malls have significant impact on Trade Area capture of surrounding area demand •“Low” capture rate assumes City captures current share of Trade Area retail; “High”  capture assumes City more in line with its proportionate share of population  2019 2034 Change Estimated Population 89,820 101,224 11,403 Per Capita Income $47,403 $51,085 $3,682 Total Retail Expenditure Potential $979,281,480 $1,189,341,161 $210,059,681 Expenditure Potential by Category Food Services & Drinking Places $305,958,459 $371,587,737 $65,629,278 Shoppers Goods $1,154,050,974 $1,401,599,390 $247,548,416 Convenience Goods $560,483,888 $680,709,858 $120,225,971 Sales per Square Foot by Category Food Services & Drinking Places $380 $380 $0 Shoppers Goods $310 $310 $0 Convenience Goods $357 $357 $0 Supportable Square Footage by Category Food Services & Drinking Places 805,154 977,862 172,709 Shoppers Goods 3,726,877 4,526,306 799,430 Convenience Goods 1,619,536 1,966,933 347,397 Non-Retail Space 922,735 1,120,665 197,930 Total Supportable Retail Space 7,074,302 8,591,767 1,517,465 South Miami - ("Low" Capture at 10%)151,747 South Miami ("High" Capture at 15%)227,620 75 SECTION FIVE OFFICE MARKET ASSESSMENT LAMBERT ADVISORY DATA GUIDED STRATEGY SECTION FIVE  OFFICE MARKET ASSESSMENT  76 Office Development Trends (Trade Area and South Miami) 500,000 • 2000-2009 the strongest decade of office development in Trade Area & South Miami • Modest development in decades prior to and after • Trade Area has ±330,000 sq. ft. proposed, but nothing currently under construction • Treo SoMi Station (planned) =200,000 sq. ft. • Downtown Dadeland (planned) =110,000 sq. ft. 0 1990-1999 2000-2009 2010-Present Trade Area South Miami Columnl Office Development Trends (Trade Area and South Miami) 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 1990‐1999 2000‐2009 2010‐Present Trade Area South Miami Column1 •2000‐2009 the strongest decade  of office  development in Trade  Area & South Miami •Modest development in decades  prior to and after •Trade Area has +330,000 sq. ft.  proposed, but nothing currently  under construction •Treo SoMi Station (planned)  =200,000 sq. ft. •Downtown Dadeland (planned)  =110,000 sq. ft. 77 Total Inventory Avg. Asking NNN Lease Rate (Per SF) Vacancy Net Absorption (past 5 years) Miami Dade County - 105M SF $33.88"Mrillif7% I = 5.2M SF - Office Market Snapshot (County, Trade Area, & South Miami) Trade Area 8.5M SF $34.84 4.8%499,000 SF South Miami 1.0M SF $34.30 0.6%159,980 SF • South Miami's office market is extremely tight in terms of occupancy • with lease rates in line with broader region • South Miami captured far more than its fair share of net absorption relative to Trade Area past 5 years • Proportionate share of Trade Area office lower than population (at 11.8% vs 13.5%) Office Market Snapshot (County, Trade Area, & South Miami) Total Inventory Avg. Asking NNN  Lease Rate (Per SF) Vacancy Net Absorption  (past 5 years) Miami Dade County 105M SF $33.88 8.7% 5.2M SF Trade Area 8.5M SF $34.84 4.8% 499,000 SF South Miami 1.0M SF $34.30 0.6% 159,980 SF •South Miami’s office market is extremely tight in terms of occupancy •with lease rates in line with broader region •South Miami captured far more than its fair share of net absorption relative to  Trade Area past 5 years •Proportionate share of Trade Area office lower than population (at 11.8% vs 13.5%) 78 • Strong opportunity for "High" capture scenario • Demand includes proposed development (Treo SoMi) 51 Information 90% 52 Finance and Insurance 100% 53 Real Estate and Rental and Leasing 90% 54 Professional, Scientific, and Technical Services 100% 55 Management of Companies and Enterprises 100% 56 Administrative and Support and Waste Management 50% 62 Health Care and Social Assistance 33% 813 Membership Associations and Organizations 90% Total Office Employment Sectors 75% 2019 2034 Chang 17,765 651 57,758 5,056 27,773 3,207 105,101 24,143 13,517 3,337 52,340 8,760 67,861 17,403 18,134 1,994 360,249 64,552 17,114 52,702 24,566 80,958 10,180 43,580 50,458 16,139 295,697 Total Change Office Demand Employment 2019-2034:64,552 4,303 Total Demand @ 215 Sq. Ft./Employee:13,878,672 925,245 Trade Area Capture of County (@ 12.0%)1,665,441 166,544 South Miami ("Low" Capture of Trade Area @ 12.0%)199,853 13,324 South Miami ("High" Capture of Trade Area @ 24.0%)399,706 26,647 Total Annual Avg. Trade Area & South Miami Estimated Office Demand (2019 to 2034) • South Miami captured far more than its historical fair share of office development and absorption past 5-10 years Trade Area & South Miami Estimated Office Demand  (2019 to 2034) •South Miami captured far more than its historical fair share of office development and absorption  past 5‐10 years •Strong opportunity for “High” capture scenario •Demand includes proposed development (Treo SoMi) Code Title 2019 2034 Change 51 Information 90% 17,114 17,765 651 52 Finance and Insurance 100% 52,702 57,758 5,056 53 Real Estate and Rental and Leasing 90% 24,566 27,773 3,207 54 Professional, Scientific, and Technical Services 100% 80,958 105,101 24,143 55 Management of Companies and Enterprises 100% 10,180 13,517 3,337 56 Administrative and Support and Waste Management 50% 43,580 52,340 8,760 62 Health Care and Social Assistance 33% 50,458 67,861 17,403 813 Membership Associations and Organizations 90% 16,139 18,134 1,994 Total Office Employment Sectors 75% 295,697 360,249 64,552 Total Avg. Annual Total Change Office Demand Employment 2019‐2034: 64,552 4,303 Total Demand @ 215 Sq. Ft./Employee: 13,878,672 925,245 Trade Area Capture of County (@ 12.0%) 1,665,441 166,544 South Miami ("Low" Capture of Trade Area @ 12.0%)199,853 13,324 South Miami ("High" Capture of Trade Area @ 24.0%) 399,706 26,647 79 SECTION SIX HOTEL MARKET ASSESSMENT LAMBERT ADVISORY DATA GUIDED STRATEGY SECTION SIX  HOTEL MARKET ASSESSMENT  80 Trade Area Hotel Development Trend • 815+ hotels rooms in general Trade Area (6 hotels) _ • 4 hotels (630 rooms) located at Dadeland • 4 hotels/motels closed past few years • Two new developments since 2000 • Hampton Inn Dadeland in 2001 (131 rooms) • Courtyard Dadeland in 2004 (128 rooms) • Marriot Dadeland is currently the only full service hotel in south Miami-Dade County • Hilton Dadeland (Baptist) anticipated opening 2019/20 with 184 rooms • Aloft Dadeland represent repositioning of older hotel in 2016 (119 rooms) • Paseo de la Riviera plans for 252-room hotel • Shops at Sunset plans for 182-room hotel Trade Area Hotel Development Trend •815+ hotels rooms in general Trade Area (6 hotels) •4 hotels (630 rooms) located at Dadeland •4 hotels/motels closed past few years •Two new developments since 2000 •Hampton Inn Dadeland in 2001 (131 rooms)  •Courtyard Dadeland in 2004 (128 rooms) •Marriot Dadeland is currently the only full service hotel in south  Miami‐Dade County •Hilton Dadeland (Baptist) anticipated opening 2019/20 with 184 rooms •Aloft Dadeland represent repositioning of older hotel in 2016 (119 rooms) •Paseo de la Riviera plans for 252‐room hotel •Shops at Sunset plans for 182‐room hotel 81 Illustrative Hotel Demand Analysis • In addition to Hilton Dadeland, primary Trade Area hotel submarket can absorb at least 200 to 300 units during next 10 to 15 years • Based upon current estimated 75% occupancy level • Rate sensitivity affects feasibility for new hotel development in market 2019 2020 2022 2024 2026 2028 2030 2032 2034 Commercial % 30% % Growth 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% Commercial # 66,932 68,605 72,078 75,727 79,561 83,589 87,820 92,266 96,937 Meeting/Group % 10% % Growth 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% Meeting/Group # 22,311 22,868 24,026 25,242 26,520 27,863 29,273 30,755 32,312 Leisure % 60% % Growth 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% Leisure # 133,864 137,210 144,157 151,455 159,122 167,177 175,641 184,533 193,875 Total (Occupied Room Nights) 223,106 228,684 240,261 252,424 265,203 278,629 292,735 307,554 323,124 Avg. Annual Growth 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% Existing Supply (Rooms) 815 815 815 815 815 815 815 815 815 Existing Room Night Supply 297,475 297,475 297,475 297,475 297,475 297,475 297,475 297,475 297,475 New Rooms - Hilton Dadeland 0 184 184 184 184 184 184 New Rooms - Hotel 2 0 0 0 0 150 150 150 New Rooms - Hotel 3 150 New Room Night Supply 0 67,160 67,160 67,160 121,910 121,910 121,910 176,660 Total Rooms 815 815 999 999 999 1,149 1,149 1,149 1,299 Total Room Night Supply 297,475 297,475 364,635 364,635 364,635 419,385 419,385 419,385 474,135 Annual Occupancy 75.0% 76.9% 65.9% 69.2% 72.7% 66.4% 69.8% 73.3% 68.2% Illustrative Hotel Demand Analysis •In addition to Hilton Dadeland, primary Trade Area hotel submarket can absorb at least 200 to 300 units during next 10 to 15 years •Based upon current estimated 75% occupancy level •Rate sensitivity affects feasibility for new hotel development in market 2019 2020 2022 2024 2026 2028 2030 2032 2034 Commercial %30%% Growth 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% Commercial #66,932 68,605 72,078 75,727 79,561 83,589 87,820 92,266 96,937 Meeting/Group %10%% Growth 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% Meeting/Group #22,311 22,868 24,026 25,242 26,520 27,863 29,273 30,755 32,312 Leisure %60%% Growth 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% Leisure #133,864 137,210 144,157 151,455 159,122 167,177 175,641 184,533 193,875 Total (Occupied Room Nights)223,106 228,684 240,261 252,424 265,203 278,629 292,735 307,554 323,124   Avg. Annual Growth 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% 2.5% Existing Supply (Rooms)815 815 815 815 815 815 815 815 815 Existing Room Night Supply 297,475 297,475 297,475 297,475 297,475 297,475 297,475 297,475 297,475 New Rooms ‐ Hilton Dadeland 0 0 184 184 184 184 184 184 184 New Rooms ‐ Hotel 2 0 0 0 0 150 150 150 150 New Rooms ‐ Hotel 3 150 New Room Night Supply 0 0 67,160 67,160 67,160 121,910 121,910 121,910 176,660 Total Rooms 815 815 999 999 999 1,149 1,149 1,149 1,299 Total Room Night Supply 297,475 297,475 364,635 364,635 364,635 419,385 419,385 419,385 474,135 Annual Occupancy 75.0% 76.9% 65.9% 69.2% 72.7% 66.4% 69.8% 73.3% 68.2% 82 SECTION SEVEN HEADLINE CONCLUSIONS LAMBERT ADVISORY DATA GUIDED STRATEGY SECTION SEVEN HEADLINE CONCLUSIONS  83 Headline Conclusions • South Miami and Trade Area forecast steady population growth for the next several years, and modestly higher than previous decade • City and Trade Area comprise notably higher homeownership compared to County â Potential for growing multifamily rental market • City and Trade Area have significantly higher household income than Miami-Dade County â Benefit to housing opportunities and resident expenditure/retail growth • Employment growth within Trade Area is influenced by Healthcare and Professional Business â Enhanced support for office development with higher-wage jobs Headline Conclusions •South Miami and Trade Area forecast steady population growth for  the next several years, and modestly higher than previous decade •City and Trade Area comprise notably higher homeownership  compared to County Potential for growing multifamily rental market •City and Trade Area have significantly higher household income than  Miami‐Dade County Benefit to housing opportunities and resident expenditure/retail growth •Employment growth within Trade Area is influenced by Healthcare  and Professional Business Enhanced support for office development with higher‐wage jobs 84 Headline Conclusions (continued) • With no new multifamily housing built in City in nearly 15 years, there is measurable demand for new multifamily units during next 15 years âWith potential modifications to land use/zoning that increase flexibility in the core, the City's potential to exceed this level could be enhanced • While office development is moderating at the county-wide level (in part due to lower sq.ft. per employee), demand is anticipated to remain stable for the next several years â A positive factor is that the City's office market is tight in terms of occupancy â TODD-related medical office opportunities are strengthened by proximity to hospitals •With no new multifamily housing built in City in nearly 15 years, there is  measurable demand for new multifamily units during next 15 years With potential modifications to land use/zoning that increase flexibility in the core,  the City’s potential to exceed this level could be enhanced  •While office development is moderating at the county‐wide level (in part  due to lower sq.ft. per employee), demand is anticipated to remain stable  for the next several years A positive factor is that the City’s office market is tight in terms of occupancy TODD‐related medical office opportunities are strengthened by proximity to  hospitals Headline Conclusions (continued) 85 Headline Conclusions (continued) • Predominance of near-term retail development in Trade Area is focused around south Gables area and Dadeland â However, given the potential resident (multifamily) and employment (office) growth, retail can be a strong supporting use to mixed-use development in the City's core area • There is opportunity to capture two to three hotels in TODD District in the next 15 years â Focus on select service/boutique hotel(s) in the range of 100-150 rooms each •Predominance of near‐term retail development in Trade Area is focused  around south Gables area and Dadeland However, given the potential resident (multifamily) and employment (office)  growth, retail can be a strong supporting use to mixed‐use development in the  City’s core area •There is opportunity to capture two to three hotels in TODD District in the  next 15 years Focus on select service/boutique hotel(s) in the range of 100‐150 rooms each Headline Conclusions (continued) 86 City of South Miami TODD District Summary of Estimated Potential Total Demand by Use (2019-2034)* 1,200 units 1,600 units Multifamily Residential Retail 150,000 sq.ft.225,000 sq.ft. Office Hotel 200,000 sq.ft. 400,000 sq.ft. 380 rooms 480 rooms * Total including South Miami current proposed and planned projects (except Treo SoMi Station residential, which is exclusively student apartments) City of South Miami TODD District Summary of Estimated Potential  Total Demand by Use (2019‐2034)* Low H i g h Multifamily Residential 1 , 2 0 0   u n i t s 1 , 6 0 0   u n i t s Retail 1 5 0 , 0 0 0   s q . f t . 2 2 5 , 0 0 0   s q . f t . Office 2 0 0 , 0 0 0   s q . f t . 4 0 0 , 0 0 0   s q . f t . Hotel 3 8 0   r o o m s 4 8 0   r o o m s * Total including South Miami current proposed and planned projects (except Treo SoMi S t a t i o n   r e s i d e n t i a l ,   w h i c h   i s   e x c l u s i v e l y  student apartments) 87 Appendix 2: Massing Model Views Appendix 2: Massing Model Views 88 EXISTING BUILDINGS PROJECTS UNDER PLANNING PHASE MAXIMUM DEVELOPMENT POTENTIAL MULTI-FAMILY RESIDENTIAL USE COMMERCIAL/OFFICE USE RETAIL USE PARKING USE 70TH STREET 62ND AVE TREO 72ND STREET SUNSET DRIVE 61ST COURT 61ST AVE Figure 4: Plan View Figure 4: Plan View 89 SHOPS AT SUNSET CITY HALL VALENCIA SOUTH MIAMI HOSPITAL SUNSET,CLUB APARTMENTS EXISTING BUILDINGS PROJECTS UNDER PLANNING PHASE MAXIMUM DEVELOPMENT POTENTIAL MULTIFAMILY RESIDENTIAL USE COMMERCIAL/OFFICE USE RETAIL USE PARKING USE SW 72ND ST SUNSET DRIVE 62ND AVE Figure 5: View East Along Sunset Drive Figure 5: View East Along Sunset Drive 90 EXISTING BUILDINGS PROJECTS UNDER PLANNING PHASE MAXIMUM DEVELOPMENT POTENTIAL MULTIFAMILY RESIDENTIAL USE COMMERCIAL/OFFICE USE RETAIL USE PARKING USE SHOPS AT SUNSET 61ST AVE 62ND AVE • SW 70Th STREET SUNSET.CLUB APARTMENTS Figure 6: View East Along SW 70th ST Figure 6: View East Along SW 70th ST 91 SIMON • TREO Mina= a I • • • • - ALTA -11111.—=in Llin. ....... SOUTH MIAMI HOSPITAL EXISTING BUILDINGS PROJECTS UNDER PLANNING PHASE MAXIMUM DEVELOPMENT POTENTIAL MULTI•FAMILY RESIDENTIAL USE COMMERCIAL/OFFICE USE RETAIL USE PARKING USE Figure 7: View North/West Across US-1 Figure 7: View North/West Across US-1 92 SOUTH MIAMI - - -, HOSPITALS AMMO' por,, •CITY HALL7 11 Airmonm.,, 11.10W ALTA or.4ar EXISTING BUILDINGS PROJECTS UNDER PLANNING PHASE MAXIMUM DEVELOPMENT POTENTIAL MULTIFAMILY RESIDENTIAL USE COMMERCIAL/OFFICE USE RETAIL USE PARKING USE Figure 8: Birdseye View Southwest Along US-1 57714 AVENUE Figure 8: Birdseye View Southwest Along US-1 93 Appendix 3: Estimates of Current and Potential Development Capacity Appendix 3: Estimates of Current and Potential Development Capacity 94 Approx Mix Ratio Based on Market Assessment (0.3:2:1) Potential Bldg New Max Bldg Floor Area from Floor Area from Proposed Proposed Land Proposed Redevelopment Redevelopment Redelopment New Residential Additional Zoning Area (ac) Sq. Ft. Max Height Goal (ind Parking) (Ex! Parking)New Retail (0.3) New Office (2) New Residential (1)Units Population TODD MU-5 3.94 171,626 8 0.8 1,098,406 76%884 6%968 465,944 232%72.00 140 344 "Hole in the Donut" FLUM and Zoning Map Amendments (MU-CIR to TODD; MO to TODD MU-5) Estimated Development Capacity Based on Current Zoning Approx Mix Ratio Based on Market Assessment (0.3:2:1) Current Zoning Current Land Area (ac) Sq. Ft. Permitted Max Height Redevelopment Goal Potential Bldg Floor Area from Redevelopment (ind Parking) Potential Bldg Floor Area from Redevelopment (Ex! Parking) New Retail Floor Area (0.3) New Office Floor Area (2) New Residential Floor Area (1) New Residential Units Additional Population MO 3.94 171626 4 0.5 343,253 171626 15,618 104,006 - - Estimated Expanded TODD Development Capacity Based on Proposed Zoning Transit Oriented Development District (TODD) Rezonings Estimated Development Capac ty Based on Current Zoning Approx Mix Ratio Based on Market Assessment (0.3:2:1) Total Potential Total Potential New Residential Bldg Floor Area from Bldg Floor Area from Units (Excluding Already Current TODD Current Land Permitted Redevelopment Redevelopment Redevelopment New Retail Floor Area New Office Floor New Residential Approved Additional Zoning Area (ac) Sq. Ft. Max Height Goal (ind Parking) (exd Parking) (0.3) Area (2) Floor Area (1) Project)* Population LI-4 11.32 493,099 2 0.3 246,550 123,275 11,218 74,705 37,352 22 50 MU-4 5.05 219,978 2 0.3 109,989 54,995 5,004 33,327 16,663 10 22 MU-5 16.56 721354 8 0.8 4,616,663 2,308,332 210,058 1,398,849 699,424 215 481 PI 3.86 168,142 8 0.5 672,566 336,283 30,602 203,788 101,894 61 137 PR 0.63 27,443 - - TOTAL 37.42 1,630,015 5,645,768 2,822,884 256,882 1,710,668 855,334 513 1,262 *Alta/6075 Sunset Dr. Estimated Development Capacity Based on Expanded Boundary and Proposed Zoning Approx Mix Ratio Based on Market Assessment (0.3:2:1) Total Potential Total Potential New Residential Bldg Floor Area from Bldg Floor Area from Units (Excluding Already Proposed Proposed Land Proposed Redevelopment Redevelopment Redevelopment New Retail Floor Area New Office Floor New Residential Approved Additional TODD Zoning Area (ac) Sq. Ft. Max Height Goal (ind Parking) (exd Parking) (0.3) Area (2) Floor Area (1) Project)* Population - - - - MU-5" 21.61 941,332 8 0.8 6,024,522 4,217,166 383,762 2,555,602 1,277,801 562 1,382 MU-6 11.32 493,099 12 0.9 5,325,471 4,260,377 387,694 2,581,789 1,290,894 775 1,905 PI 3.86 168,142 8 1.0 1,345,133 941,593 85,685 570,605 285,303 171 421 PR 0.63 - - TOTAL 37.42 1,602,572 12,695,126 9,419,136 857,141 5,707,996 2,853,998 1,416 3,484 *Alta/6075 Sunset Dr. ** Includes rezoned MU-4 land ***Rezoned LI-4 land "Hole in the Donut" FLUM and Zoning Map Amendments (MU-C/R to TODD; MO to TODD MU-5) Estimated Development Capacity Based on Current Zoning Current Zoning Current Land Area (ac) Sq. Ft. Permitted Max Height Redevelopment Goal Potential Bldg Floor Area from Redevelopment (incl Parking) Potential Bldg Floor Area from Redevelopment (Excl Parking)New Retail Floor Area (0.3) New Office Floor Area (2)New Residential Floor Area (1)New Residential Units Additional Population MO 3.94 171,626 4 0.5 343,253 171,626 15,618 104,006 - - Estimated Expanded TODD Development Capacity Based on Proposed Zoning Proposed Zoning Proposed Land Area (ac) Sq. Ft. Proposed Max Height Redevelopment Goal Potential Bldg Floor Area from Redevelopment (incl Parking) New Max Bldg Floor Area from Redelopment (Excl Parking) New Retail (0.3) New Office (2) New Residential (1) New Residential Units Additional Population TODD MU-5 3.94 171,626 8 0.8 1,098,406 768,884 69,968 465,944 232,972.00 140 344 Transit Oriented Development District (TODD) Rezonings Estimated Development Capacity Based on Current Zoning Current TODD Zoning Current Land Area (ac) Sq. Ft. Permitted Max Height Redevelopment Goal Total Potential Bldg Floor Area from Redevelopment (incl Parking) Total Potential Bldg Floor Area from Redevelopment (excl Parking)New Retail Floor Area (0.3) New Office Floor Area (2)New Residential Floor Area (1) New Residential Units (Excluding Already Approved Project)*Additional Population LI-4 11.32 493,099 2 0.3 246,550 123,275 11,218 74,705 37,352 22 50 MU-4 5.05 219,978 2 0.3 109,989 54,995 5,004 33,327 16,663 10 22 MU-5 16.56 721,354 8 0.8 4,616,663 2,308,332 210,058 1,398,849 699,424 215 481 PI 3.86 168,142 8 0.5 672,566 336,283 30,602 203,788 101,894 61 137 PR 0.63 27,443 - - TOTAL 37.42 1,630,015         5,645,768 2,822,884 256,882 1,710,668 855,334 513 1,262 *Alta/6075 Sunset Dr. Estimated Development Capacity Based on Expanded Boundary and Proposed Zoning Proposed TODD Zoning Proposed Land Area (ac) Sq. Ft. Proposed Max Height Redevelopment Goal Total Potential Bldg Floor Area from Redevelopment (incl Parking) Total Potential Bldg Floor Area from Redevelopment (excl Parking)New Retail Floor Area (0.3) New Office Floor Area (2)New Residential Floor Area (1) New Residential Units (Excluding Already Approved Project)*Additional Population LI-4 --2 MU-4 --2 MU-5 ** 21.61 941,332 8 0.8 6,024,522 4,217,166 383,762 2,555,602 1,277,801 562 1,382 MU-6*** 11.32 493,099 12 0.9 5,325,471 4,260,377 387,694 2,581,789 1,290,894 775 1,905 PI 3.86 168,142 8 1.0 1,345,133 941,593 85,685 570,605 285,303 171 421 PR 0.63 - - TOTAL 37.42 1,602,572         12,695,126 9,419,136 857,141 5,707,996 2,853,998 1,416 3,484 *Alta/6075 Sunset Dr. ** Includes rezoned MU-4 land ***Rezoned LI-4 land Approx Mix Ratio Based on Market Assessment (0.3:2:1) Approx Mix Ratio Based on Market Assessment (0.3:2:1) Approx Mix Ratio Based on Market Assessment (0.3:2:1) Approx Mix Ratio Based on Market Assessment (0.3:2:1) 95 Appendix 4: TODD Workshop - Compilation of Comments Appendix 4: TODD Workshop - Compilation of Comments 96 South Miami TODD Workshop December 12, 2018 Compilation of Comments Housing â Addressing workforce and affordable housing is a must, should be required, not an incentive. Potential tools: • Remove/reduce minimum unit sizes from code • Microunits â Affordable housing often gets just "lip service" â What is a reasonable "share" of affordable housing? (should be significant) â Low incomes in SoFla don't support affordable housing — structural problem with low wages and incomes that need to be solved on a regional scale â Look at City of Miami Omni area's new ordinance on affordable housing bonuses to see if they make economic sense for SoMi â Will adding building height not make it more difficult to provide affordable housing? (costs increase with building height?) Light Industrial â LI district is being shortchanged, LI should not be eliminated; instead the city should prize the LI area and LI businesses should be retained, for they have no other place to go. Some potential ways in which they could be protected: • Dictate that LI uses must be allowed to remain • Dictate that redevelopment sites in LI must be a minimum of 1 acre • Look at Coral Gables overlay (uses did not lose their rights) â Auto-repair services uses are not tied to transit, so they don't need to be next to Metrorail, but they provide good jobs — that's the reason to protect them â Auto uses serve more than individuals, they have agreements with insurers, this is a central location â Consider the potential for economic development tied to UM (incubator space) Parking â Parking is a problem in the LI area that needs to be resolved; primarily employee and customer parking conflicts Potential tools to address parking issues: • Consolidated offsite surface parking • Structured parking (e.g., municipal garage; automated parking system, etc.) • Shared parking • Valet parking • Require parking to be on upper floor of mixed-use buildings (above residential) South Miami TODD Workshop  December 12, 2018  Compilation of Comments  Housing  Addressing workforce and affordable housing is a must, should be required, not an incentive. Potential tools: Remove/reduce minimum unit sizes from code Microunits Affordable housing often gets just “lip service” What is a reasonable “share” of affordable housing? (should be significant) Low incomes in SoFla don’t support affordable housing – structural problem with low wages and incomes that need to be solved on a regional scale Look at City of Miami Omni area’s new ordinance on affordable housing bonuses to see if they make economic sense for SoMi Will adding building height not make it more difficult to provide affordable housing? (costs increase with building height?) Light Industrial  LI district is being shortchanged, LI should not be eliminated; instead the city should prize the LI area and LI businesses should be retained, for they have no other place to go. Some potential ways in which they could be protected: Dictate that LI uses must be allowed to remain Dictate that redevelopment sites in LI must be a minimum of 1 acre Look at Coral Gables overlay (uses did not lose their rights) Auto‐repair services uses are not tied to transit, so they don’t need to be next to Metrorail, but they provide good jobs – that’s the reason to protect them Auto uses serve more than individuals, they have agreements with insurers, this is a central location Consider the potential for economic development tied to UM (incubator space) Parking  Parking is a problem in the LI area that needs to be resolved; primarily employee and customer parking conflicts Potential tools to address parking issues: Consolidated offsite surface parking Structured parking (e.g., municipal garage; automated parking system, etc.) Shared parking Valet parking Require parking to be on upper floor of mixed‐use buildings (above residential)97 • Relax parking requirements for existing uses â Consider impact of new technologies on the future of driving/parking: driverless cars, car sharing, reuse of parking garages â People who don't own cars probably live close to their work â Northbound traffic from Development Intensity â Could the city increase the density around LI so that the LI businesses can stay? Could TODD's surrounding buffer area be studied as the location of additional density so LI could be protected? â Require a minimum of 4 stories in new buildings â Require a minimum Floor Area Ratio â Any building over 10,000 sq. ft. of area should be green â Additional size, height and parking should be a bonus leading to requirement for affordable housing â Office uses are good because they bring people to business district and downtown — services, restaurants â Prohibit large office complexes to have their own employee cafeterias to ensure they frequent local businesses.  Relax parking requirements for existing uses   Consider impact of new technologies on the future of driving/parking: driverless cars, car  sharing, reuse of parking garages   People who don’t own cars probably live close to their work   Northbound traffic from      Development Intensity   Could the city increase the density around LI so that the LI businesses can stay? Could TODD’s  surrounding buffer area be studied as the location of additional density so LI could be  protected?    Require a minimum of 4 stories in new buildings   Require a minimum Floor Area Ratio   Any building over 10,000 sq. ft. of area should be green   Additional size, height and parking should be a bonus leading to requirement for affordable  housing   Office uses are good because they bring people to business district and downtown – services,  restaurants   Prohibit large office complexes to have their own employee cafeterias to ensure they frequent  local businesses.       98 Best regards athaly Simon Supervisor NS:ns L-235 Miami-Dade County Public Schools giving our students the world Superintendent of Schools Alberto M. Carvalho January 11, 2019 VIA ELECTRONIC MAIL Ms. Jane Tompkins Hole in the Donut FLUM and Zoning Map Amendments 6130 Sunset Drive, South Miami, FL 33143 jtompkinssouthmiamifl.qov Miami-Dade County School Board Perla Tabares Hantman, Chair Dr. Martin Karp, Vice Chair Dr. Dorothy Bendross-Mindingall Susie V. Castillo Dr. Lawrence S. Feldman Dr. Steve Gallon Ill Lubby Navarro Dr. Marta Perez Mari Tere Rojas RE:PUBLIC SCHOOL CONCURRENCY PRELIMINARY ANALYSIS HOLE IN THE DONUT FLUM AND ZONING MAP AMENDMENTS PB-19-004 LOCATED AT 7000 SW 59 PLACE PH0919010900010 - FOLIO Nos.: 0940250250011, 0940250250010, 0940250110240, 0940250110200, 0940250110190, 0940250110180, 0940250110270, 0940250110150, 0940250700001, 0940250110130, 0940250270090, 0940250110120 Dear Applicant: Pursuant to State Statutes and the Interlocal Agreements for Public School Facility Planning in Miami-Dade County, the above-referenced application was reviewed for compliance with Public School Concurrency. Accordingly, enclosed please find the School District's Preliminary Concurrency Analysis (Schools Planning Level Review). As noted in the Preliminary Concurrency Analysis (Schools Planning Level Review), the proposed development would yield a maximum residential density of 140 multifamily units which generate 15 students; 7 elementary, 4 middle and 4 senior high students. At this time, all school levels have sufficient capacity available to serve the application. However, a final determination of Public School Concurrency and capacity reservation will only be made at the time of approval of final plat, site plan or functional equivalent. As such, this analysis does not constitute a Public School Concurrency approval. Should you have any questions, please feel free to contact me at 305-995-7287. Enclosure cc:Ms. Ana Rijo-Conde, AICP Mr. Ivan M. Rodriguez School Concurrency Master File Planning, Design & Sustainability Ms. Ana Rijo-Conde, Deputy Chief Facilities & Eco-Sustainability Officer 1450 N.E. 2nd Ave. • Suite 525 • Miami, FL 33132 305-995-7285 • 305-995-4760 (FAX) •arijo@dadeschools.net 99 Coneurrency Management System (CMS) Miami Dade County Public Schools Miami-Dade County Public Schools Concurrency Management System Preliminary Concurrency Analysis MDCPS Application PH0919010900010 Local Government (LG):South Miami Number: Date Application 1/9/2019 1:47:01 PM LG Application Number:PB-19-004 Received: Type of Application:Public Hearing Sub Type:Land Use Applicant's Name:Hole in the Donut FLUM and Zoning Map Amendments Address/Location:6130 Sunset Drive South Miami FL 33143 Master Folio Number:0940250250011 Additional Folio Number 0940250250010, 0940250110240, 0940250110200, 0940250110190, 0940250110180, (s):0940250110270, 0940250110150, 0940250700001, 0940250110130, 0940250270090, 0940250110120, PROPOSED # OF UNITS 140 SINGLE-FAMILY 0 DETACHED UNITS: SINGLE-FAMILY 0 ATTACHED UNITS: MULTIFAMILY UNITS:140 CONCURRENCY SERVICE AREA SCHOOLS CSA Id Facility Name Net Available Seats Capacity Required Seats LOS Taken Met Source Type LUDLAM 3061 ELEMENTARY 79 7 7 YES Current CSA 6881 SOUTH MIAMI MIDDLE -71 47--- 0 NO Current CSA 6881 SOUTH MIAMI MIDDLE 1.--- 4 0 NO Current CSA Five Year Plan 7721 SOUTH MIAMI 266 4 SENIOR 4 YES Current CSA ADJACENT SERVICE AREA SCHOOLS 6961 WEST MIAMI MIDDLE 419 4 4 YES Adjacent CSA *An Impact reduction of 26.55% included for charter and magnet schools (Schools of Choice). MDCPS has conducted a preliminary public school concurrency review of this application; please see results above. A final determination of public school concurrency and capacity reservation will be made at the time of approval of plat, site plan or functional equivalent. THIS ANALYSIS DOES NOT CONSTITUTE PUBLIC [ 1SCHOOL CONCURRENCY APPROVAL. 1450 NE 2 Avenue, Room 525, Miami, Florida 33132 / 305-995-7634 / 305-995-4760 fax / concurrency@dadeschools.net 100 Attachment 4 City of South Miami Small-Scale Map Amendment to Expand the Transit Oriented Development District January 15, 2019 ATTACHMENT: Consultant Analysis 1) Background The City retained the team of Calvin, Giordano & Associates, Inc. (CGA) and Lambert Advisory to help determine whether the current Transit-Oriented Development District (TODD) boundary and applicable policies and regulations serve the vision for that district effectively. CGA’s scope of work included reviewing an area of approximately four (4) acres of land, encompassing twelve (12) parcels in one and a half blocks located west of the Metrorail Station, generally bound by SW 59th Place to the east, SW 70th Street to the north, SW 61st Court to the west, and SW 71st Street to the south, for potential inclusion in the TODD. This would involve expanding the boundary of the future land use district on the Future Land Use Map (FLUM) by re-designating the 12 subject parcels to TODD. The following is a summary of the study’s findings. Figure 1. Aerial/Location Map (Source: GoogleEarth) TODD TODD Subject Parcels 101 2) Land Use and Zoning The 12 subject parcels total approximately 171,609 square feet of land (approximately 4 acres). The City’s Future Land Use Map (FLUM) designates the parcels as Mixed-Use Commercial Residential, while the zoning is Medium-Intensity Office (MO). Figure 1. Current Future Land Use and Zoning Designations (map excerpts) Table 1. Surrounding land uses, zoning and FLUM designations Land Use Zoning FLUM North and Northeast Multi-story mixed use (including multifamily residential) and medical office buildings TODD Mixed-Use 5 (MU-5) and TODD Mixed-Use 4 (MU-4) TODD Northwest U.S. Postal Service facility Hospital (H) Mixed-Use Commercial/Residential South and Southwest Multi-story mixed use buildings (including multifamily residential) TODD MU-5 and TODD MU-4 TODD East and Southeast Miami-Dade County-owned parking garage (to be partially redeveloped for mixed use) Public-Institutional (PI) Public/Institutional Uses West Larkins Hospital H Hospital Future Land Use Map Excerpt Zoning Map Excerpt 102 The proposed amendment is not expected to negatively impact the existing or future mix of surrounding uses. The current land use designation permits a floor area ratio (FAR) of 1.6, a density of 24 dwelling units per acre, and a maximum height of 50 feet. The change in future land use designation would allow greater flexibility in building heights, potentially resulting in greater intensity and/or density than allowed by the current land use designation. Policy 1.1.1 of the Future Land Use Element of the Comprehensive Plan states that permitted heights and intensities in the TODD (the proposed designation for the subject parcels) are established in the Land Development Code (LDC), including design standards. The Code provides that as many units may be permitted in the TODD as can be provided while meeting parking requirements. The combination of current building height, setbacks, coverage, parking and other standards can yield a wide range of average net densities: anywhere between 100 and 230 residential units per acre, depending on a potential project’s mix of uses and whether bonuses apply or are awarded. The range is consistent with various mixed-use development projects that have been built (Valencia, Metro South), are approved (Alta Developers/6075 Sunset Dr) or are currently in planning with residential components in the TODD (Treo, City Hall redevelopment). It is also is a transit-supportive range of densities for transit-oriented development districts. 3) Statutory Compliance Chapter 163, Florida Statutes governs Growth Management and Planning policy within the State of Florida. The following Section allows for the changes proposed. Section 163.3187 Process for adoption of small-scale comprehensive plan amendment. - (1) A small-scale development amendment may be adopted under the following conditions: (a) The proposed amendment involves a use of 10 acres or fewer and: (2) The cumulative annual effect of the acreage for all small-scale development amendments adopted by the local government does not exceed a maximum of 120 acres in a calendar year. (3) The proposed amendment does not involve a text change to the goals, policies, and objectives of the local government's comprehensive plan, but only proposes a land use change to the future land use map for a site- specific small-scale development activity. However, text changes that relate directly to, and are adopted simultaneously with, the small-scale future land use map amendment shall be permissible under this section. * * * The proposed amendment complies with this Statute. 103 4) Comprehensive Plan Consistency As part of its analysis, the Consultant has reviewed the City’s Comprehensive Plan in order to determine consistency with the Plan’s Goals, Objectives and Policies, and determined that the proposed amendment is consistent with and furthers the intent of the following Comprehensive Plan’s Goals, Objectives and Policies: FLU GOAL 1 Maintain and Improve City’s Neighborhoods To maintain and improve the City’s neighborhoods, and the quality of life of existing and future residents. FLU Policy 1.1.1 * * * Transit-Oriented Development District (TODD) The Transit-Oriented Development District is intended to provide for the development of office uses, office services, office-related retail, retail, retail services, and residential uses in multi- story and mixed-use projects that are characteristic of transit-oriented developments. Permitted heights and intensities shall be set forth in the Land Development Code, including design standards. Zoning regulations shall encourage development within the TODD in conjunction with limiting new development within the Special Flood Hazard Area and other environmentally sensitive areas. The City shall pursue incentive programs for redevelopment including higher densities, flexible building heights and design standards to ensure that responsible, effective and aesthetically pleasing projects result. * * * FLU Policy 1.1.3 In reviewing proposed amendments to this plan and the Zoning Map, compatibility with adjacent uses shall be the major determinant. * * * FLU Policy 1.1.7 Discourage urban commercial sprawl by promoting growth in the core area surrounding the Metrorail Transit Station by creating a district for new growth which is contained and transit-oriented, thereby relieving the pressure for commercial rezonings outside of this core area. * * * FLU Policy 1.8.5 The City shall continue to support transit ready commercial and multi-family development along major transportation corridors and the Metrorail corridor. * * * FLU GOAL 3 Transit-Oriented Development District (TODD) Provide for increased intensity of mixed-use projects and flexible building heights in designated Transit-Oriented Development Districts (TODD), to the extent that development and 104 redevelopment in these districts does not adversely impact surrounding primarily residential neighborhoods and uses. FLU OBJECTIVE 3.1 Support higher densities and intensities in TODD Support higher densities and intensities in the TODD areas to take advantage of the proximity of the Metrorail and create an area where residents can live and work in a pedestrian-oriented environment. * * * FLU Policy 3.1.2 The City shall maintain and, as appropriate, expand the Transit-Oriented Development Districts delineated on the Future Land Use Plan Map. Development and redevelopment in these districts shall occur in accordance with adopted development and redevelopment plans and the land development regulations, and shall not adversely impact surrounding neighborhoods and uses. FLU Policy 3.1.3 The City shall, by 2022, review the TODD area and amend the Comprehensive Plan and zoning regulations to ensure they are designed to achieve the goals of the City, and especially, those associated with affordable housing and parking regulations. * * * FLU GOAL 5 Revitalization of commercial areas outside of the Hometown District. To achieve revitalization and renewal of areas designated as redevelopment areas. FLU OBJECTIVE 5.1 Continue efforts of the Community Redevelopment Agency Continue to support the South Miami Community Redevelopment Agency’s (SMCRA) mission in order to spearhead efforts to work with citizens and stakeholders to improve the quality of life for citizens, businesses and property owners in the South Miami Community Redevelopment Area. * * * FLU GOAL 6 Support the Economic Viability of the City To support the economic viability of the City through an adequate tax base and development that allows for the efficient provision of City services. FLU OBJECTIVE 6.1 Increase the City’s tax base through appropriate development Continue to increase the City’s tax base and fiscal health through new development and redevelopment, increased property values, annexations, impact fees, grants, and other strategies as appropriate. FLU Policy 6.1.1 Zone for new development and redevelopment in accordance with the Future Land Use Map, including multi-story and mixed-use districts. 5) Level of Service (LOS) Analysis The subject parcels total 3.94 acres. These parcels are currently designated Mixed-Use Commercial/Residential (Four Story) on the FLUM. This City-initiated application will change this 105 designation to Transit-Oriented Development District. This land use category provides for different levels of retail uses, office uses, retail and office services, and residential dwelling units. The FAR for this land use category is 1.6, which is existing FAR in the corresponding zoning district. The land use category also includes a maximum residential density of 24 dwelling units per acre. However, the corresponding zoning district does not permit residential uses of any kind in the district. Therefore, the re-designation of the land to TODD will signify generation of resident population in this area. Table 2. Estimated Change in Potential Development Capacity for Subject Parcels FROM (Existing Future Land Use) TO (Proposed Future Land Use) 15,618 sq. ft. of retail 69,968 sq. ft. of retail 104,006 sq. ft. of office 465,944 sq. ft. of office No residential permitted 140 dwelling units OUTCOME Change in Number of Residential Units: +140 Change in Nonresidential Square Footage: +361,938 sq. ft. Change in Population (at 2.46 persons per household): +344 new persons The estimated impacts of build-out on the City’s ability to meet its adopted Level of Service (LOS) Standards, based on this analysis and the results of the massing model, are summarized below. The analysis is based on the standards contained in the City’s Comprehensive Plan, as amended. We also use the Market and Economic Assessment prepared by Lambert Advisory as a basis for the allocation ratio among the different land use types. According to these estimates, the City is able to continue to meet the LOS Standards. Transportation Transportation Policy 1.1.1 indicates The City of South Miami, in its entirety, is located within the Miami‐Dade County's Urban lnfill Area, which is designated as a Transportation Concurrency Exception Area by Miami‐Dade County. Miami‐Dade County controls the roadway design and traffic pattern including signage and direction of all roads within the City. To a great extent, the City is not in control of its ability to manage the Level of Service (please refer to the Data, Inventory, and Analysis for a description of the Level of Service classification system). The City's level‐of‐service standards for roadways are as follows: Principal Arterials "F" Minor Arterials "F" Miller Drive "F" 1. The peak hour level‐of‐service standard shall be 150 percent of level of service D capacity for US‐1. 2. The peak hour level‐of‐service standard for Bird Road shall be 120 percent of level of service E capacity. 106 3. The City will not issue any new‐construction permit which would have the effect of lowering the level‐of‐service on Bird Road or US‐1 below the levels specified above, unless such permits are issued pursuant to a development of regional impact (DRI) approval granted prior to the effective date of this plan. Refer to Addendum 1 for a traffic impact analysis prepared by Calvin, Giordano & Associates, Inc. dated January 7, 2019. The analysis follows directions provided by Miami-Dade County. On no nearby road segments does the new traffic generated by the proposed amendment exceed five percent of that road’s minimum standard service volume. In the future, additional detailed analysis of existing, short term future and long-term future conditions should be provided by applicants for specific site development projects at the time of application. Potable Water • Residential LOS Standard: 117.57 gallons per capita per day • Nonresidential LOS Standard: N/A • Estimated demand: Approx. 40,444 gallons per day In addition, the City’s Infrastructure Policy 1.5.1 requires the following: • The Regional Treatment System must operate with a rated maximum daily capacity no less than 2% above maximum daily flow for the preceding year, and an average daily capacity 2% above the average daily system for the preceding 5 years. • Water quality must meet all county, state and federal primary potable water standards. • Countywide storage capacity for finished water must be no less than 15% of countywide average daily demand (County). • Minimum Fire‐Flow LOS is as follows for uses that anticipated to occur: Multi‐Family Residential – 1,500 gal/min Semi‐professional offices – 1,500 gal/min Business/Industry – 3,000 gal/min Sewer Infrastructure Policy 1.1.4 states: Sanitary sewer level‐of‐service applies to areas serviced by sewers as follows: Sanitary sewer level-of-service for areas serviced by sewers shall be as follows: The systems shall maintain the capacity to collect and dispose of 102 percent of average daily sewer demand for the preceding 5 years. Solid Waste Infrastructure Policy 1.2.1 states: Pursuant to the City's interlocal agreement with Miami‐Dade County for use of the County Solid Waste Management System, the County shall insure that the System, which includes County‐ owned solid waste disposal facilities and those operated under contract with the County for disposal, collectively maintain an amount of solid waste disposal capacity sufficient to 107 accommodate waste flows committed to the System through long‐term interlocal agreements or contracts with municipalities and private waste haulers, and anticipated non‐committed waste flows. Stormwater Drainage The City's adopted Level of Service Standard for stormwater drainage, via Infrastructure Policy 1.3.2, is to require protection from the degree of flooding that would result from a flood that has a one‐percent chance of being equaled or exceeded in any given year. Parks and Recreation Pursuant to Recreation and Open Space Policy 1.1.1, the level‐of‐service standard for parks and recreation (including City and School Board property as well as The Underline) is 4 acres per 1,000 population. • Population based on U.S. Census Bureau ACS estimates (2017): 12,281 • Existing park and open space acreage (City parks + The Underline + Miami Dade County Public Schools): 62.61 acres • Park acreage required to meet LOS Standard with current population: 49.12 acres • Park acreage required to meet LOS Standard with additional population generated by land use change (344): 50.5 acres • Park and open space acreage surplus: 12.1 acres Schools According to Miami-Dade County Public Schools (M-DCPS), all school levels have sufficient capacity to serve the population that might be generated through potential development/redevelopment of land under the re-designation. Final determination of concurrency and capacity reservation would not be made by district until such time as a final plat, site plan or functional equivalent is approved. Refer to Addendum 2 for a Public School Concurrency Preliminary Analysis prepared by M-DCPS dated January 11, 2019. 6) Consultant Assessment and Recommendation The proposed FLUM amendment qualifies as a Small-Scale Map Amendment. Amending the future land use as proposed will help discourage urban commercial sprawl by promoting growth in the City’s core area that surrounds the Metrorail Transit Station. The proposed amendment will also help increase opportunities for new development and redevelopment in multi-story and mixed-use districts, specifically expanding the Transit‐Oriented Development Districts delineated on the Future Land Use Plan Map. Given the surrounding land use mix and the corresponding future land use designations on the FLUM, the proposed amendment is not anticipated to adversely impact the surrounding area. In addition, the amendment supports the City’s goal help revitalize and renew the designated Community Redevelopment Area, in which the subject parcels are included, while creating new opportunities for infill and redevelopment in this area to include housing units in the Transit-Oriented Development District. 108 ADDENDA TO CONSULTANT ANALYSIS Addendum 1: Traffic Impact Analysis Addendum 2: Public School Concurrency Preliminary Analysis 109