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RESOLUTION NO. 21-Z- 10 2- <br />A <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, <br />FLORIDA, APPROVING A SITE PLAN APPLICATION (PZ2021-06) SUBMITTED BY <br />18401 DEVELOPERS LLC, FOR THE PROJECT ENTITLED "BENTLEY RESIDENCES" <br />CONSISTING OF A SIXTY-TWO (62) STORY RESIDENTIAL CONDOMINIUM TOWER <br />WITH 616,185.18 SQUARE FEET OF FLOOR AREA RATIO (FAR) AND 216 <br />RESIDENTIAL DWELLING UNITS; PROVIDING THE CITY MANAGER WITH THE <br />AUTHORITY TO DO ALL THINGS NECESSARY TO EFFECTUATE THIS RESOLUTION; <br />PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEALER; PROVIDING FOR AN <br />EFFECTIVE DATE. <br />WHEREAS, 18401 Developers, LLC (the "Applicant") submitted a site plan application <br />(PZ2021-06), to the City of Sunny Isles Beach, Florida ("City"), for the project entitled ""Bentley <br />Residences" ("Application") requesting the following: <br />1. Pursuant to Section §265-18 and §265-35 of the City of Sunny Isles Beach Land <br />Development Regulations, the Applicant is requesting a Site Plan Approval for the project <br />"Bentley Residences" consisting of a sixty-two (62) story residential condominium tower <br />with a total of 616,185.18 square feet of Floor Area Ratio (FAR) and a total of 216 <br />residential dwelling units. The aforementioned FAR and dwelling units consist of <br />257,602.5 sq ft of FAR and 118 dwelling units from base, 216,386 sq ft of FAR and 70 <br />dwelling units from bonuses, and 142,196.58 sq ft of FAR and 28 dwelling units from <br />TDRs. <br />2. Pursuant to Section §265-23 of the City of Sunny Isles Beach Land Development <br />Regulations, the Applicant is requesting approval for the purchase and assignment of <br />TDRs in the total amount of 127,035.58 square feet of FAR and 63 dwelling units, as <br />follows: TDRs from the Private TDRs account owned by NDPRE#14, LLC in the amount of <br />114,471 sq ft of FAR and 51 dwelling units and TDRs from the City's TDRs Bank in the <br />amount of 12,564.58 sq ft and 12 dwelling units. <br />3. Pursuant to Section §265-23 of the City of Sunny Isles Beach Land Development <br />Regulations, the Applicant is requesting approval for the assignment of 15,161 square <br />feet and 7 dwelling units from the private TDRs Bank, Dezer Universal LLC. <br />4. Pursuant to Section §33-257 of the Code of Ordinances of Miami -Dade County, the <br />Applicant is requesting approval for a Declaration of Restrictive Covenants to define the <br />plot of land as Parcel 1, a 201.15 -foot -wide lot (2.366 acres), to develop the proposed <br />the Bentley Project; and Parcel 2, a 50 -foot -wide lot (0.597 acres), to be used as a <br />construction staging lot and thereafter to be set as a park -like vacant lot. <br />5. Pursuant to Section §150 of the City of Sunny Isles Beach Land Development Regulations, <br />the Applicant is requesting a waiver for the exterior color palette proposed by the project <br />from the City's allowed exterior color palette. <br />ZR21 Bentley Site Plan Approval Page 1 of 12 <br />