Planning board endorses North Beach mixed-use project

Miami /
Jun.June 24, 2015 12:00 PM

The Miami Beach Planning Board late Tuesday endorsed plans for a mixed-use residential, retail and hotel development along Ocean Terrace in the North Beach neighborhood.

The project is the latest from developer Sandor Scher, who has spent more than $70 million dollars recently buying up largely derelict properties with the goal of transforming a two-block area that many residents describe as “blighted” into a vibrant “walkable” neighborhood, anchored by retail and a new luxury condo and hotel designed to bring new residents and visitors into the neighborhood. Before he can do that, Scher needs Miami Beach voters to approve zoning changes — something the planning board endorsed on Tuesday.

The board voted to send two land-use ordinances on to the Miami Beach City Commission, which will decide on July 8 whether to place a measure on the ballot in November asking voters to approve an increase in the maximum floor area ratio (FAR) for a new Overlay District that is being proposed between 73rd Street and 75th Street, and between Ocean Terrace and Collins Avenue. The FAR increase would be from 2.0 to 3.0, allowing for a potential 200,000 square-foot development depending on lot size. The proposal would also increase the maximum height allowance in the overlay district to 250 feet or 22 stories for residential uses and 125 feet for hotel uses from the current 75 feet or eight stories.

If the commission approves putting the measure on the ballot, it will be the first time that voters have been asked to make an exception to a 1997 ballot measure that placed limits on the height and size of buildings on Miami Beach.

If voters approve the legislation, Scher’s Ocean Terrace Holdings plans to build a 250-foot–high, mixed-used residential, retail and hotel along Ocean Terrace. It would be adjacent to the St. Tropez condominium, a 28-story, 91-unit building built in 1999 under a provision that grandfathered it into the Ocean Terrace historic district created in 1996. The project is projected to have 55 residential units and between 150 and 170 hotel rooms.

Scher said the project will feature enhanced storefronts along Collins Avenue with a breezeway between Collins and Ocean Terrace. He said he has long been interested in revitalizing the area, but to do so he needs the zoning changes that would make the project economically feasible.  Planning board members largely agreed, saying attempts over the years to revive the once-vibrant area have failed because of restrictive zoning.

Scher has been praised for maintaining preservation standards in his many projects, but preservationists oppose his latest. Daniel Ciraldo of the Miami Design Preservation League warned the board against “opening a Pandora’s box,” if it supported zoning changes for the area. Kirk Paskal, a neighborhood activist opposed to the project, said any zoning changes should be addressed in a so-called “master plan” for North Beach, which is scheduled for completion next year. But homeowners groups in the area, representing more than 1,000 homes, as well as many residents from the adjacent St. Tropez condominium, voiced support for the project.

While the planning board endorsed the project, a bid by Ocean Terrace Holdings to increase the project’s floor plate limitation from 10,000 square feet to 15,000 square feet would have to be decided by the city’s Historic Preservation Board after the voters decide on whether to approve zoning changes for the area.


Related Articles

arrow_forward_ios
Ex-Miami Dolphins defensive end Andre Branch with the $6 million property (Getty, The Jills Zeder Group)
Ex-Miami Dolphins player sells non-waterfront Miami Beach home for $6M
Ex-Miami Dolphins player sells non-waterfront Miami Beach home for $6M
Renderings of 3017 Flamingo Drive and Andrew Lessman (D/Vice Inc., ProCaps Laboratories)
Vitamin mogul Andrew Lessman wins approval to build Miami Beach mansion
Vitamin mogul Andrew Lessman wins approval to build Miami Beach mansion
After the construction of Eighty Seven Park (Google Maps)
Before Surfside tragedy, neighboring tower faced opposition, delays over construction impact
Before Surfside tragedy, neighboring tower faced opposition, delays over construction impact
AIMCO founder Terry Considine and a rendering of the Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
Jennifer Valoppi and Christian de Berdouare with 5004 North Bay Road (Getty, LPG/Douglas Elliman)
Flying the coop: Chicken Kitchen owner sells waterfront Miami Beach spec mansion for $30M
Flying the coop: Chicken Kitchen owner sells waterfront Miami Beach spec mansion for $30M
(Facebook via Hotel Astor Miami Beach)
Shuttered Hotel Astor in Miami Beach gets a new owner
Shuttered Hotel Astor in Miami Beach gets a new owner
The Fairwind Hotel and Joseph Chetrit (Getty, Fairwind)
Chetrit Group sells Miami Beach hotel for $42M
Chetrit Group sells Miami Beach hotel for $42M
Renderings of the project Courtesy of Pebb Capital
JV plans high-end offices at old Bancroft Hotel in South Beach
JV plans high-end offices at old Bancroft Hotel in South Beach
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...