REQUEST FOR INFORMATION NO.5 LONG-TERM LEASE, INCLUSIVE OF LAND DEVELOPMENT CBRE, Inc. (“CBRE”) on behalf of the City of Miami ("City"), is requesting information from interested qualified property managers, operators, and land developers (“Respondents”) to determine the potential usage/vision of the City-owned land, located along NW 20" Street (the “Property,”) that is being utilized as a Maintenance Operation Yard Facility, (see Exhibit 1). The Property is comprised of Folio 01-3135- 001-0010 and Folio 01-3135-000-0163. ‘The City seeks responses by close of business on Monday, August 12,2019, ‘This is not a Request for Proposals (“RFP”), but a Request for Information (RFP), solely to gauge the market and gather information to assist the City in determining the most effective and beneficial way to develop the Property, ‘The Property consists of two (2) parcels, totaling approximately 18.75 acres, bordered by NW 20" Street, NW 14" Avenue, NW 12" Avenue and the Veterans Administration Hospital (“VA"), Interested Respondents shall possess the financial capability and legal ability to carry out a proposed development which meets the City’s goals and objectives. All expenses involved with the preparation and submission of responses, or any work performed in connection therewith, shall be bome by the Respondents, Depending on the responses received, the City may proceed with the issuance of an RFP. Respondents are hereby notified that all information submitted as part of, or in support of this RFI will be available for public inspection in compliance with the Public Records Law, Chapter 119, Florida Statutes A. BACKGROUND, CBRE on behalf of the City’s Department of Real Estate and Asset Management (“DREAM”) is issuing this RFI. ‘The Property is a vital part of City operations, The existing functions, on the Property, are not required to be co-located on the same site, The existing operations may be relocated or compressed, as long, as there is an acceptable level of continuity of services, All the existing operations could be moved to a site that is an acceptable distance from the Property, except for Fire Station No. 5. Fire Station No. 5 could remain on the Property or be relocated a short distance away. City-owned properties located near the Property are depicted on Exhibit 2, attached hereto. All current occupants will necd to be housed in a similar, but preferably improved location and facility. ‘The existing operations, on the Property, include the following: * General Services Admi ration (“GSA”) Department, which include the City’s fueling pump, fleet maintenance, car wash and truck washing facifities; Solid Waste Department, which include the City’s mini-dump; * Public Works Department; © Parks and Reereation Department: ‘+ Fire Station No. 5; * On-grade parking spaces, for City services vehicles: and,‘© On-grade parking spaces, for City employees, ‘There is also a one-story Florida Power and Light substation build NW 20" Street, next to Fire Station No. 5. located on the Property, along B. DEVELOPMENT CONSIDERATIONS, Responses to this RFI will be considered by the City in determining how best to proceed with future redevelopment of the Property, if any, and subsequently proceed into an agreement for mote detailed plans. The City encourages private-public partnership when both parties mutually benefit in the proposed future vision of the Property. In response to this RFI, please complete and return the attached Questionnaire as specified therein. D. ATTACHMENTS «Existing Site (Exhibit 1) * City property within the immediate vicinity of the “Property” (Exhibit 2) © QuestionnaireCity of Miami RFI No. Questionnaire Submit Response hy Day, Monday, August 12, 2019 via E-mail to the CBRE contact: Lee Ann Korst Southeast Regional Manager CBRE, Ine, E-mail Address: LeeAnn. Korst@ebre.com ‘Telephone No.: (850) 251-9319 ‘Name of Respondent (firm): The Home Depot Yo. [lo ea / ‘Authorized Signature: > Clo fly - Print Name & Title: _D. Corbin Rowe, Real Estate Manager Mailing Address of Respondent: .2455 Paces Ferry Road, C-19 Atlanta, GA. ‘Telephone No.: 770-384-4627 Emai] Address: David C Rowe@homedepot.com All inquiries regarding this RFI should be sent to the City’s contact person indicated above. Potential Respondents may request this Questionnaire in a Word format for ease of completion, by sending their request to the above e-mail address. 1, What does Respondent consider to be the best vision for this property? Do you feel the entire property should be redeveloped’ Half of the property? A portion of the property? Home Depot believes that the best use for the property is a mixed-use development, including a Home Depot store with supporting commercial and residential components. Home Depot believes this can be accomplished by developing the entire property; however, Home Depot is also agreeable to developing a portion of the property. A typical standalone Home Depot store could utilize up to approximately 9 acres, approximately half of the property. 2, Would Respondent be interested in making a future proposal to the City to develop all or part of the land on this property including the developer's vision and the City’s vision? Home Depot is interested in making a future proposal to develop the property, either as a standalone Home Depot store on a portion of the property or as part of a larger mixed-use development on the entire property. As a leading developer and retailer, Home Depot operates thousands of stores throughout North America with each location typically employing between 150 and 250 full time and 3part time associatcs. Home Depot’s vision for this property is to develop a project that creates employment opportunities for the community while servicing the daily needs of City of Miami and the surrounding area residents ‘What considerations would discourage Respondent from participating in a future competition to develop this property? Home Depot does not believe there are any considerations that would discourage it from developing this property. The future solicitation may require finance, design and construction. Which of these components can Respondent bring to the project? Home Depot has the financial capability and legal ability to facilitate this project. Home Depot does not typically utilize outside finaneing for the development and construction of its projects. The Home Depot real estate and construction departments have an array of real estate and construction professionals, project managers, in-house legal counsel and many other resources who will be engaged to develop this project. Home Depot also utilizes experts in various disciplines including local attorneys, consultants, and professionals to facilitate the design, construction and engineering of all of its projects throughout North America. . What experience does Respondent have in developing similar projects? (Briefly describe the project(s), describe Respondents involvement in the project(s), and describe when the project(s) commenced and were completed). Home Depot has participated in the development of similar projects in numerous locations throughout the United States and North America. Specifically, Home Depot has developed, financed, and constructed over 2,200 stores throughout the United States, Canada, and Mexico, all of which are either standalone stores or components of a mixed-use component. , What expertise and experience should the City require from a proposer if @ future solicitation is issued to develop the land of this property including the developer’s vision and the City’s vision to ensure proper qualifications for such a project? a complex project that will require significant resources, including financial ability and resources as well as development experience and access to the right personnel. Home Depot is a proven retailer and developer of real estate across the country. ‘The City should require any proposer to not only have the financial capability to execute on this project, but also the experience of developing complex projects. . What would the Respondent consider to be the desired minimum term agreement for the Respondent to be interested and ensure viability of the project to develop all or part of the land on this property including the developer's vision and the City’s vision? Please explain, project will require a long-term ground lease. .. What type of financing would Respondent use and/or need fo develop the land, and maintain the developer vision and the City’s vision of the Operation Services for this property? Home Depot does not typically utilize outside financing for the development and construction of its projects. However, Home Depot anticipates that any future development partner for other components10. of a mixed-use project may likely require outside financing, Should the current users remain at the property’? Why or why not? Whether the current uses should remain on the property is contingent upon the scope of the redevelopment of the property. If a standalone Home Depot store is proposed, the current uses could be developed and relocated on the remaining portion of the property. If a larger mixed-use development, including a Home Depot store, is proposed, the current uses may need to be relocated. If you fee! that the users should be relocated to a different site, please identify the new site. Relocation of the existing uses will be contingent upon the final scope of the redevelopment of the property. In the event that the entirety of the property is required for a mixed-use development, including a Home Depot store, Home Depot would work with the City to find suitable sites for the uses and assist in facilitating any required relocation, Note: Respondent may, but is not required to provide, drawings, illustrations or plans showing how the proposed development once completed would look.