Monday, May 13, 2019

Update on the Unsolicited Bid - i3's renderings provide some insight into a vision for the future downtown area

I was able to obtain portion of the two competing bids - There were two bidders who submitted by the March 7, 2019, deadline. The bidders were NAI Miami and I3 Investments, LLC.

CLICK HERE to view prior posts relating to this ongoing unsolicited bid issue.

This post is merely the proposed renderings. Note - that this are for illustrative purposes only. The renderings submitted are not final or official site plan submissions. These drawings are for discussion points of what could be, not what will be.

FUTURE POST: I will be reporting on the financial data and comments on the specifics from each proposal.

This proceeding arises out of Palmetto Bay receiving what is known as an "unsolicited bid" for a 5 story mixed use project that includes a parking garage for no less than 450 vehicles in the downtown Franjo Road area. You can review significant information on this project in my original post of November 13, 2018 - CLICK HERE - Campaigns are over - time for the first decisions, setting the course by the new Village Council - issue: setting any new policy and reacting to the Unsolicited Proposal-Mixed Use Downtown Development - UP No. 1819-00-002

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