DOWNTOWN SOMI

Board of County Commissioners · 2026-07-21 · ordinance

Ordinance granting the petition of Sunset Opportunities B1, LLC and Sunset C1, LLC for the establishment of the Downtown SoMi Community Development District, generally bounded on the north by Harriet Tubman Highway (U.S. 1), on the east by SW 57 Avenue (Red Road), on the south by SW 72 Street (Sunset Drive), and on the west by SW 58 Avenue. The development is a proposed 10.16-acre mixed-use development within the City of South Miami. The development plan includes approximately 202,462 square feet of retail space, 1,513 residential dwelling units, 287 hotel rooms, 2,786 parking spaces, 65,892 square feet of office space, and a movie theater containing 1,300 seats. The estimated cost of associated improvements is approximately $149M. The ordinance was adopted on first reading on 4/21/2026, deferred on 6/2/2026, and deferred on 7/21/2026. The initial Board of Supervisors members are Richard Perez, Alejandro Vadia, Antonio Ferrer, Azam Malik, and Gustavo Cabrera. The petition was filed on December 29, 2025. The filing fee was $15,000.00 and an additional $9,000.00 for advertising costs. The District will provide funding for capital improvements and multipurpose maintenance functions. The creation of the District will have no fiscal impact on the County. A Declaration of Restrictive Covenants has been submitted. The development has private roads to be maintained by a Homeowners' Association (HOA) or the District. A Special Taxing District will be created to maintain the development's infrastructure should the District be dissolved or fail to fulfill its maintenance obligations. No public comment or stakeholder sentiment is stated in the document.