PUBLIC BENEFIT AGREEMENT

REGARDING CONSTRUCTION OF
NEW FIRE STATION NO. 4
Context: Transportation Connectivity
History of Fire Station No. 4 Public Benefit Agreement
February 2018: City enters into Public Benefit Agreement with Southside
Place LLC
• The City Commission considered and approved the 2018 Public Benefit Agreement
through City File No. 2341 and adoption of Resolution 17-0330.
• Southside Place LLC does not purchase 191 SW 19 Street Property.

August 2018: City executes an Interlocal Agreement with Miami-Dade County

• Interlocal Agreement expanded the County Rapid Transit Zone (“RTZ”) to include
Brickell Station Subzone.
• Brickell Station Subzone includes all properties within the Southside Park block,
including Fire Station No. 4, 191 SW 12 Street, and the Cambria Parcels.
• All properties within the Southside Park block can only be developed pursuant to
Miami-Dade County RTZ Development Regulations.

Summer 2019: 191 SW 12 Owner LLC assumes control of 191 SW 12 Street

Property
• 191 SW 12 Owner LLC engages the City to negotiate new Public Benefit
Agreement.
Development Program Comparison
2018 Public Benefit Modified Public Benefit
Development Program
Agreement Agreement

Fire Station 31,708 sf 32,000 sf

Residential Units 196 units 1,000 units

Micro Units - 175 units

Hotel Units - 176 keys

Office - 250,000 sf

Retail 5,346 sf 5,000 sf

Fitness/Wellness/Amenity - 90,000 sf

Approximately 1,600
Parking 255 spaces
spaces

Height Approximately 240 feet Approximately 752 feet

Rendering of Proposed Development

View facing West from People Mover

Rendering: Proposed Development in Context
 Comparison of Public Benefit Agreement Terms
2018 Public Modified Public
Terms Benefit Benefit
Agreement Agreement

• Developer constructs approximately $8 million new Fire Station for the

City at Developer’s sole cost and expense  
• Developer makes cash payment of $2.2 million for one (1) ladder
truck, one (1) engine truck, two (2) fire rescue trucks, two (2) Ford  
trucks, and additional fixtures and equipment for New Fire Station
• Developer conveys fifty (50) parking spaces to City for use in
connection with the New Fire Station  

• Public Benefits Contributions $800,000 $5.4 million

• Developer contributes money for Streetscape Improvements $200,000 $200,000

• Developer contributes money for Southside Park Improvements $1 million

• Developer preserves historic First Miami High School and activates

for legally permissible uses authorized by the City 
• Developer contributes $ 1 million for Southside Park and Metro Rail
landscaping improvements 
• Developer makes cash payment for transfer of development density
rights of over 500 residential units 
Brickell Fire Station Economic Benefit Summary