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Mr.Chnsopher J.Russo <br /> City Manager <br /> Sunny Isles Beach <br /> March 26, 2015 <br /> Page 2 <br /> The subject property has a base FAR of 2.5 (which permits 339,282.5 square feet) and a <br /> bonus FAR of 2.10 (which will be accomplished by utilizing the listed criteria established in <br /> Section 265-35(D)(9)(c)(1)-(6) of the City Land Development Regulations) for a total of <br /> 624,279.8 square feet. With the utilization of TDRs, a maximum FAR of 5.98 or 811,563.7 <br /> square feet can be achieved. <br /> All parking requirements will be adhered to through the utilization of tandem, valet <br /> parking spaces. <br /> The proposed development contains 811,560 square feet and a will have a total of 308 <br /> units (where up to 322 units would be permitted using the bonus and TDR units). <br /> The restaurant provided on site will be privately utilized by the residents and their invited <br /> guests. <br /> The Armani/Casa brand is further enhanced by the high quality landscape plan <br /> (prepared by Evea Garden Design) and the Armani designed interior of the building. <br /> Finally, a twenty foot, meandering, landscaped beach walk will be provided on the south <br /> side of the building to coincide with the existing beach walk adjacent to the Atlantic Ill Building. <br /> Sufficient area will be provided for emergency vehicles and City maintenance vehicles. <br /> We are pleased to present this project to the City. Should you have any questions or <br /> require additional information, please do not hesitate to contact me at (305) 350-2374. <br /> Sincerely, <br /> Stan1eY . rice <br /> SBP/mp <br /> MIAMI 45443 58.1 73190/13 707 <br /> 0 BILZIN SUMBERG BAENA PRICE 8 AXELROD LLP <br />