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Page 2 <br />includes impressive "sunrise" amenities on the east side of the building facing the ocean such as <br />a large lap pool, outdoor spa facilities, cabanas, outdoor seating, and a lawn area transitioning to <br />beach access. Lush landscaping and thoughtful hardscapes encourage pedestrian activity in a <br />park -like atmosphere throughout the Property, including from Collins Avenue on the west over to <br />the natural boundary of the Atlantic Ocean on the east. <br />The Project will utilize the MU-R Bonus program and City TDRs in order to achieve the <br />proposed design. Section 265-35.D.(9)(c) of the Code allows projects in MU-R zoning to exceed <br />50 units per acre and 2.50 FAR through Bonuses by contributing to certain City -recognized <br />public benefit bonus initiatives through financial contributions and physical improvements, all of <br />which the Project satisfies as detailed in the Plans. Specifically, Section 265-35.D.(10)(e)(1) of <br />the Code states that "for each floor area ratio increase of 0.02 achieved through the ... [fJloor <br />area ratio bonuses, an increase of one residential dwelling unit per acre shall be granted to a <br />maximum of 80 units per acre." The Project proposes 145 Dwelling Units, which equates to <br />approximately 73 units per acre. Accordingly, Project Density can be satisfied entirely through a <br />combination of base density and Bonuses. Approximately 1.38 FAR of Project intensity will be <br />satisfied through TDRs. As described above, the Property is assigned a Future Land Use <br />designation of "Mixed -Use - High Density Resort," which is an eligible receiver land use <br />category for TDRs. Applicant proposes to utilize City TDRs for the Project. <br />A breakdown of proposed project density and intensity relative to base, Bonuses, and <br />TDRs is as follows: <br />MAX <br />PROPOSED <br />MAX UNITS <br />PROPOSED UNITS <br />FAR <br />FAR <br />BASE <br />50 X 2.012=100 6 <br />100 <br />2.5 X 87,661=219,152.5 SF <br />2.5 X 87,661=219,152.5 SF <br />BONUS <br />2.1 X 87,661 =1 84,088.1 SF <br />2.1 X 87,661=184,088.1 SF <br />30 X 2.012= 60.36 <br />45 <br />TDR -30% <br />1.38 X 87,661= 120,972.2 SF <br />1.38 X 87,661= 120,972.2 SF <br />24 X 2.012= 48.288 <br />0 <br />TOTAL <br />5.98 X 87,661= 524,212.8 SF <br />5.98 X 87,661= 524,212.8 SF <br />104 X 2.012= 209.248 <br />145 <br />145/2 , 012=73 UNITS <br />PR ACRE <br />A breakdown of the requested Bonuses expressed in terms of FAR only is as follows: <br />FA.R. Calculation <br />Bonus Units <br />FAR- <br />. Ad] FAR <br />FAR Gross SF <br />Code <br />Base FA.R. <br />0 <br />2.5 <br />2.5 <br />219,352.50 <br />Beach Access Bonus <br />1 <br />0.1 <br />0.1 <br />8,766.10 <br />Bonus/sect 265-351i)(9)(C][3][a] <br />Public Oceanfront Park & Open Space Enhancement Bonus <br />1 <br />0.2 <br />0.2 <br />17,532.20 <br />Bonus/sect 265-35D(9)(CI[5] <br />Beach Access Trust Fund Contribution Bonus <br />4 <br />0.05 <br />0.2 <br />17,532.20 <br />Bonus/sect 265-35D(9)(0311b] <br />Public Beach Recreational Enhancement Bonus <br />12 <br />0.05 <br />0.6 <br />52,596.60 <br />Bonus/sect 265-35D(9)(C)[2] <br />Collins Avenue Public streetscape Enhancements Bonus <br />12 <br />0.05 <br />0.6 <br />52,596.60 <br />Bonus/sect 265-351)(9)(0[31 <br />Sunny Isles Public Parking Bonus <br />4 <br />0.05 <br />0.2 <br />17,532.20 <br />Bonus/sect 265-35D(9)(C)[4] <br />Educational& Cultural infrastructure Bonus <br />4 <br />0.05 <br />0.2 <br />17,532.20 <br />Bonus/sect 265.351)(9)(CII6] <br />Total <br />38 <br />1 3.05 <br />1 4.6 <br />1 403,240.60 <br />C*a <br />