GROUND LEASE RE RESIDENCES AT LUMMUS PARC LLC

Board of County Commissioners · 2026-06-02 · resolution

Miami-Dade County Board of County Commissioners adopted a resolution approving a 99-year amended and restated ground lease and a consulting agreement for the redevelopment of the Gallery at Lummus Parc (Phase 1) and Residences at Lummus Parc (Phase 2). The project involves Rental Assistance Demonstration (RAD) conversion and redevelopment. Phase 1 includes approximately 257 housing units and a parking garage, with 57 RAD units transferred. Phase 2 will have approximately 182 units, including the remaining 23 RAD units. The total estimated amount for the Phase 1 consulting agreement is $354,566,874.00. The County Mayor or designee is authorized to execute these agreements and negotiate Phase 2 agreements without further board approval. A scrivener's error regarding the address was corrected to 25 NW North River Drive.