Miami-Dade Supplier Systems #RFP0000016

Developer sought for Miami-Dade County’s Prosper 27 mixed-use housing project

Miami-Dade County is seeking a development partner to redevelop the County-owned Prosper 27 site into a mixed-use housing project under a long-term ground lease. - Government buyer: Miami-Dade County Strategic Procurement Department, soliciting for the Housing and Community Development Department (HCD). - Site and project: Approximately 1.06 net acres (1.53 gross acres) near Northwest 27th Avenue and Northwest 48th–49th Streets in unincorporated Miami-Dade County. The County retains ownership and expects to lease the site to the selected developer. - Requested development services: The developer will finance, plan, design, obtain approvals and permits, complete environmental due diligence and site preparation, construct, operate, and maintain a turnkey mixed-use project with affordable, workforce, and market-rate housing and suitable retail or community-serving uses. - A preliminary draft concept depicts up to 159 residential units in two phases and 1,720 square feet of retail; this is illustrative, not a required final design. - OEMs and vendors: No product manufacturers, OEMs, or development firms are named in the procurement. INFORMS is referenced as the proposal submission platform. - Financial participation for the County: Proposals must state a per-unit lump-sum ground lease payment, a share of project revenue/net cash flow, residual participation in capital-event proceeds, and any other proposed payments. The County’s share of developer fees must be at least 30% across applicable project components and phases. - Revenue/net cash-flow sharing begins after stabilization, described as approximately one year after the Certificate of Occupancy, and continues through the agreement term. A $3,000 monthly Davis-Bacon compliance review fee is required during construction. - Notable requirements: The project must meet applicable HUD National Objectives, Section 3 hiring and training commitments, Davis-Bacon wage requirements, accessibility and UFAS standards, environmental requirements, and applicable zoning and building codes. The developer must provide community benefits, support local job creation, and meet County insurance requirements for design, construction, and operations. - Period: The anticipated lease and development agreement is 99 years, subject to required approvals. Affordable-housing commitments under the Live Local Act option would last 30 years. No specific start or completion date is stated.

Description

Miami-Dade County is seeking proposals from experienced and qualified developers to develop approximately 1.06 acres of County-owned vacant property known as Prosper 27, located east of Northwest 27th Avenue between Northwest 48th and 49th Streets. The selected developer is expected to design, build, finance, operate, and maintain a mixed-use residential development, including affordable, workforce, and market-rate housing, along with community-serving elements. The work includes obtaining funding, permits and approvals, constructing the project, and managing and maintaining the site in compliance with applicable requirements. The County anticipates a 99-year lease and development agreement, subject to required approvals.

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