2014-1202 Special City Commission Meeting

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Summary Minutes: Regular City Commission Meeting November 20. 2014 City of Sunny Isles Beach. Florida 14 which was a good safe deposit for the art work, it really is not in your Code, it is not required by law. Nonetheless Cite Attorney Ottinot asked them to make a good faith effort to the City and so we will be making that good faith deposit. Robert Finvarb. developer, said over the past 12 years his company has developed hotels around the country. The hotels are upscale. the price range is from S 175 to S375 depending on the time of year. This is his business, developing these hotels in urban areas, and they become part of the economic fabric of their respective communities. As a condominium developer he lives with these assets once they build them it is not like they are selling off the units; they typically hold these for a long period of time. They have developed 1.400 hotels to date. and they have only sold two and that is because the markets were pretty low. In any event, for the most part they are long term holders of these assets, and they build with that kind of quality in mind. There is a tremendous need for this project in Sunny Isles Beach, with the fantastic buildings going up on the east side of Collins .Avenue, it has obviously eliminated a tremendous amount of hotel rooms. They are going to come in at a much higher scale than what was replaced that is something more affordable and more accessible for the community. The nature of these units is that they all have kitchens and so they are extended hotels. The service model for residents for the most part provide 50% or more of your guests stay, five (5) nights or more which is why we have kitchens in those units. And so it is really a family and business type hotel that should mesh very well with the community. They are not going to have any convention space, it is basically a couple of small board rooms to the extent that anybody wants to have their business meeting in an off -site location. He said he and Barr Shelomoyitz, who is the partner in this property. have known each other for ten (10) years, who has always had a dream of creating a hotel on this site. Architect Kobi Karp presented renderings of this project located on Collins Avenue to Atlantic Boulevard and across to 175" Street, next door to the King David. This project has a unique opportunity to create a drive through which alloys them to connect to Atlantic Boulevard which would relieve the pressure on that block. With foliage and proper graphics it works quite well. They have met with staff who have had some very good suggestions, one of which was that the restaurant on Collins Avenue should be set back. They felt that the loading should be internalized in the building and so the trucks pull in and it is completeh enclosed and encased within the buildine including the ramp that leads to the valet. They felt it would be nice to create an image of a building that is visible on four sides and it allows them to create the stepping back effect which is an as of right design with the intent of the Code that sets back from the street. They used the roofs of the area as green landscaping as mini terraces because they felt the buildings on the Ocean when they look back to the building they should look not onto roofs but they should look upon green spaces. If you look the other way from Atlantic Boulevard, this is the drive through to Collins Avenue, this being the Pinnacle and the King David at the same height as the King David. They met with staff who felt they should create the signage and the art work in a way that is very unique. He presented a 3D Model of the proposed project with the surrounding area, showing a model which he removed the top to show the difference with and without the MRS. Cliff Schulman summed up the project as no variances, as of right project, and he is pleased to bring this project as one of the first projects to improve the west side of Collins Avenue. One Of the things they knew the Commission would be concerned about is traffic in this particular area and so they commissioned a Traffic Study which is required by Code by Tim Plummer of 8