Agenda 10/13/2015 Item #14B1le�,
10/13/2015 14. B.1.
EXECUTIVE SUMMARY
Recommendation for the Community Redevelopment Agency (CRA) Board to invite proposals for
the sale and /or redevelopment of the Gateway Triangle catalyst project located at the intersection
of Tamiami Trail East and Davis Boulevard and return all proposals to the Board.
OBJECTIVE: To encourage and facilitate redevelopment within the Bayshore Gateway Triangle
Community Redevelopment Area.
CONSIDERATIONS: In 2009, the Community Redevelopment Agency Board (CRA Board) authorized
staff to purchase 5.27 acres of commercial property in the Gateway Triangle Area for $6,386,000, secured
with a loan from Fifth Third Bank. The CRA currently has a mortgage of $5,829,438 with a loan principal
balloon payment of $4,600,000 due in June 2018.
The Collier County Community Redevelopment Plan identified this location as a Project Catalyst Area
meant to spark surrounding development and redevelopment in the Bayshore Gateway Triangle Area.
At the October 28, 2014 and November 18, 2014 Board meetings, staff presented a purchase agreement
from a developer for $5.2 million. On July 13, 2015, the County Manager's office was notified that the
developer would be unable to timely complete the transaction. The County received $152,000 from the
developer pursuant to the terms of the Agreement.
At the September 8, 2015 Board meeting, staff was directed to develop a mechanism to solicit interested
parties to submit proposals for price and concept for the development of the land. This concept/proposal
would allow the CRA Advisory Committee and the CRA Board to consider all terms of development, as
well as, to provide an opportunity to consider public - private partnerships with the CRA.
In response to Board guidance, staff developed a draft Invitation for Proposals for CRA Board review and
approval. The invitation scope of work is attached as a link at the end of this Executive Summary (page
3). The intent of the solicitation is to entice all interested parties to present their best offer with respect to
price and concept. All proposals will be considered and brought back to the Board after a review by staff
and the CRA Advisory Committee.
The goal of the invitation scope of work is to solicit for a wide variety of proposals that considers the
following items:
1. Proiect Scone: The proposal should provide a written description of the project,
accompanied by a conceptual site plan showing proposed buildings, parking areas and
how the development will interface with the surrounding areas.
2. Community Impact: The proposal must describe how the proposed project fits with the
adjacent parcels, meets the intent of the CRA Catalyst Project expectation, and would
generally benefit the CRA, surrounding areas and the County as a whole.
3. Zoning: The proposal must identify if the applicant will utilize the existing C -4 zoning
district, a MUP for the GTMUD -MXD or a specific rezoning that will require a
comprehensive plan amendment or other special zoning relief.
4. Financing: The proposal must provide a general financing plan that identifies what type
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of offer is being submitted including, but not limited to, straight purchase, Public Private
Partnership, deferred payment, or Tax Increment Financing payback. A non - refundable
ten percent down payment is being recommended by staff for all offers to be provided
upon execution of the purchase and development agreement.
5. Total Proiect Value: The approximate construction value and ending taxable value will
be evaluated. This will assist the CRA Board in understanding the upfront contribution to
the local economy and the ending benefit to the overall tax base upon completion.
6. Timeline: The proposal must clearly identify approximate milestones that will be
included in the purchase and development agreement such as the due diligence period,
zoning process, if required, site development and building permit period through the
Certificate of Occupancy.
7. Team Experience: The proposal must include a description of the firm /development
team, including a portfolio of completed projects that are similar in size and scope of the
proposed project.
8. Additional Information: Provide additional information to support the proposals.
Under this invitation, the Board of County Commissioners acting, as the CRA Board, will reserve the
right to select the proposal that provides the best overall value for the community. Upon selection, staff
will work with the chosen firm and the County Attorney's office to bring back a final purchase and
development agreement for Board execution. The table below outlines a timeline to solicit proposals.
Date
Task
10/16/15
Issue Invitations for Proposals notice
12/1/15
Last day for receipt of written questions
12/3/15
Issue Addendum for written questions as applicable)
Bids due (60 days) no later than 3:OOpm at Bayshore
12/15/15
CRA Office, 3570 Ba shore Drive
CRA Advisory Committee Meeting - Proposer
presentations and recommendation to Board of
1/5/16
County Commissioners
Board of County Commissioners as CRA Board
meeting - proposal discussions and/or presentations,
1/26/16
if applicable
1/27 to
Staff negotiates purchase and development
2/9/16
agreement
Board of County Commissioners as CRA Board
meeting - review and approve purchase and
2/23/16
development agreement
The Invitation for Proposal included as back -up to this item is conceptual. If the CRA Board authorizes
issuance, a formal Invitation for Proposal will be prepared in coordination with Purchasing staff and will
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be in the County's standard format.
FISCAL IMPACT: The cost to advertise and associated fees are available in the Bayshore Gateway
CRA Fund (187) budget. Net proceeds from any future sale of the subject property will be applied to the
prepayment of the principal outstanding under the Collier County Community Redevelopment Agency
Taxable Note, (Fifth Third Bank), Series 2013. Each proposal submitted will be reviewed for a fiscal
impact as part of the staff review when they are brought back for consideration.
LEGAL CONSIDERATIONS: This item is approved for form and legality and requires a majority vote
for Board approval. - JAB
GROWTH MANAGEMENT IMPACT: The redevelopment of the Gateway Triangle Project will
further the goals, objectives and policies outlined in the Future Land Use Element — Bayshore Gateway
Triangle Redevelopment Overlay.
RECOMMENDATION: To authorize staff to invite proposals for the sale and development of the
Gateway Triangle catalyst project located at the intersection of Tamiami Trail East and Davis Boulevard
and return all offers to the Board.
Prepared by: Elly Soto McKuen, Project Manager; Bayshore Gateway Community Redevelopment
Agency
Attachments: (1) Invitation for Proposals -
http: / /www.colliergov. net /ftp /2015BCCMeetini s/ AgendaOctl315 /PubServices /l4B1Invi
tationforProposalsFina1 10012015.pdf
(2) Bayshore Gateway Triangle Parcel Location Map
(3) Bayshore Gateway Zoning Overlay Map
(4) Bayshore Gateway Land Development Codes -
http: / /ww-w.colliergov. net /ftp/ 2015BCCMeetines /AgendaOctl315 /ExecOffices /Ba sly
CRALDCandGMP.ndf
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10/13/2015 14.B.1.
COLLIER COUNTY
Board of County Commissioners
Item Number: 14.14. B. 14. B. 1.
Item Summary: Recommendation for the Community Redevelopment Agency (CRA)
Board to invite proposals for the sale and /or redevelopment of the Gateway Triangle catalyst
project located at the intersection of Tamiami Trail East and Davis Boulevard and return all
proposals to the Board.
Meeting Date: 10/13/2015
Prepared By
Name: McKuenElly
Title: Project Manager, CRA, County Redevelopment Agency
9/15/2015 1:34:26 PM
Submitted by
Title: Project Manager, CRA, County Redevelopment Agency
Name: McKuenElly
9/15/2015 1:34:27 PM
Approved By
Name: BrilhartBrenda
Title: Procurement Specialist, Administrative Services Department
Date: 10/1/2015 12:48:20 PM
Name: MottToni
Title: Manager - Property Acquisition & Const M, Administrative Services Department
Date: 10/4/2015 7:33:14 AM
Name: DurhamTim
Title: Executive Manager of Corp Business Ops,
Date: 10/5/2015 8:46:46 AM
Name: MarkiewiczJoanne
Title: Division Director - Procurement Services, Administrative Services Department
Date: 10/5/2015 4:31:52 PM
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10/13/2015 14.B. 1.
Name: JourdanJean
Title: CRA Operations Manager, County Redevelopment Agency
Date: 10/6/2015 8:18:00 AM
Name: BelpedioJennifer
Title: Assistant County Attorney, CAO General Services
Date: 10/7/2015 1:50:44 PM
Name: IsacksonMark
Title: Division Director - Corp Fin & Mgmt Svc, Office of Management & Budget
Date: 10/7/2015 2:02:07 PM
Name: KlatzkowJeff
Title: County Attorney,
Date: 10/7/2015 2:10:24 PM
Name: CasalanguidaNick
Title: Deputy County Manager, County Managers Office
Date: 10/7/2015 3:07:40 PM
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10/13/2015 14.8.1.
Location Map
Bayshore Gateway Triangle Parcels
Attachment A
Parcel Number
Site Address
7751040008
1936 Davis Boulevard
77510280000
2000 Davis Boulevard
77510320009
2054 Davis Boulevard
00388480009
1965 Tamiami Trail East
77510200006
1933 Tamiarni Trail East
00388440007
1991 Tamiami Trail East
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0
PREPARI
COMMON
OATS: E
10/13/2015 14.B.1.
BA YSHORE / GATEWAY TR /ANGLE
COMMUNITY REDEVELOPMENT AREA
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