Start of work on the luxury highway Drivers Club Miami

Written by Gabriela Henriquez Stoikow on August 31, 2021

advertising

Construction of a luxury freeway and commercial development near Miami Gardens is slated to begin in November after an early stage delay pushed the completion date off by nearly two years.

Drivers Club Miami, a more than $ 100 million project being developed by 13 Pista LLC, when completed by early 2029 would include a two-mile private driveway, club, hotel, retail, dining, and cultural attraction – Acre County’s own property at 20000 NW 47th Avenue that was previously the Landmark Learning Center.

13 Pista is currently going through the design and approval process, attorney Eric Singer of Bilzen Sumberg, the firm that represents 13 Pista, a subsidiary of South American developer Carlos de Narváez, told Miami Today.

As the newspaper reported last year, development has lagged behind schedule as three nonprofits in the southern portion of the Landmark property rely on utilities running north to south on the property.

13 Pista initially planned that construction could begin in the northern part without the agencies having to move first. But since water and electricity would have been cut off for the authorities, the company and the county changed the lease last year to a new schedule with a relocation of nonprofits and the construction of a government center prior to the development of the highway. as part of the “phase zero”, explained Mr. Singer.

The agencies are scheduled to move one mile east of the Landmark property on Young Women’s Christian Association of Greater Miami-Dade (YWCA) vacant land to a building to be renovated and to new buildings by 13 Pista. A government building would be on Northwest 199th Street and 47th Avenue on the Landmark property.

“We are driving the development of the government center and at the same time the new facilities for the authorities are being built,” said Singer. “By early 2023 there will be the government center and the new facilities for the nonprofits.”

At this point, construction work should begin on the vacated part of the Landmark site on which the Drivers Club would be located. Phase I includes the construction of a two-mile private driveway and public bike path; an integrated pit lane clubhouse with member facilities, lounges, and other recreational space totaling 28,000 square feet; Vehicle maintenance and inspection facilities totaling 72,000 square feet; Paddock and washrooms with a total area of ​​13,000 square meters; approximately 12,000 square meters of public retail and restaurant space overlooking the plaza; and storage facilities for at least 50 vehicles.

Phase II includes the construction of a 50-room hotel with a restaurant, bar and spa on a total of 64,000 square meters; a sales area of ​​12,000 square meters; and storage space for at least another 50 vehicles.

The original budget for the project was estimated at $ 100 million, including the Drivers Club, government center, and renovation and construction of new facilities for the nonprofits, but now 13 Pista have total costs higher than that amount, Mr Singer said.

“When the project was originally planned about five years ago, it was much more focused on old-school auto technology. The market is now more focused on newer technology, and as a result, some of the facilities to support the latest cars would be more technology and more expensive, ”Singer said. Construction costs have also risen in recent months. Mr Singer said he could not say exactly how much the project costs have increased.

As early as 2017, the Beacon Council applied for incentives for economic development on behalf of 13 Pista LLC as part of the district’s Targeted Jobs Incentive Fund program. If the company meets the goals set out in the initial rental agreement, it could receive financial incentives for the project.

However, due to delays in the early stages of development, 13 Pista did not apply for the $ 240,833 fiscal year 2021-2022, James Kohnstamm, executive vice president for economic development at Beacon Council, told Miami Today.

“I can confirm that there has been no payment from the county and no request for payment from the company this year, and that is because there were some delays in the project,” said Kohnstamm.

The project is progressing and the company has five more years of the program allowed by the county decision and the company still has the option to provide proof to the county that it has met the requirements. “The district then determines whether that is correct, and then they can receive this money,” said Kohnstamm.

Negotiating the lease with Miami-Dade County was taking longer than expected, Mr. Singer said. “When the incentive was negotiated, the thought was that the lease and the incentive would be approved roughly at the same time, but the lease wasn’t signed until August 2018,” he said. As a result, more than a year passed between the incentive and the lease when the project actually got going and the initial deadlines for applying for the district funds no longer worked.

The Miami Drivers Club will create an estimated 240 full-time positions, according to Stanley Rigaud, vice president of international business development for the Beacon Council and director of the Small Business Program. “We asked if the delays created an environment in which they could [13 Pista] the total number of jobs would have to adjust, “he said,” and their answer was no, they are still on track to recruit the 240 jobs they originally forecast. “

The post Start of work on the luxury highway Drivers Club Miami first appeared on Daily Florida Press.

from Daily Florida Press https://dailyfloridapress.com/start-of-work-on-the-luxury-highway-drivers-club-miami/