Ordinance 2000-105 - Laserfiche WebLink

Home Browse Search

C4lilillll .. have a gross building floor area of 2,302 square feet and the overall density would amount to 37.85 units per acre. During the peak six months of the year the 2,810 new units would house roughly 5,612 people. Under this scenario the City's tax base would increase by $742,714,524. Water and sewage usage would increase by approximately 587,614 additional gallons each day. ~ .. ,. - A scenario at a Floor Area Ratio of 2.5, combined with pending and uncompleted projects, would add 3,175 new dwelling units. At this FAR level the density of units per acre is assumed to be 47.31, again based upon a gross building floor area of 2,302 square feet. The new units would house 6,350 people during the peak season and would result in a net increase of approximately 710,172 gallons of water and sewage per day. The additional households would also result in an increase in traffic of 2,107 trips per day. The anticipated impact upon the City's tax base would be an increase of $853,994,419. .. III! .. - .. A total of 3,585 new units would be added at a FAR of 3.0, with an average density assumed to be 56.77 units per acre. Each unit would contain a gross floor area of 2,302 square feet. The new units would be home to additional 7,170 persons during the peak season. Traffic would increase by 4,157 trips per day. The net increase on the water and sewer systems would amount to approximately 847,903 gallons per day. The City's tax base would likely increase by $979,050,624. .. .. .. .. .. A Floor Area Ratio of 3.5 would add 3,972 dwellings each with a gross floor area of 2,302 square feet. The anticipated density would be 66.23 units per acre. The almost four thousand new units would house roughly 7,945 persons during peak season who would increase traffic by 6,094 trips per day. The net impact upon water and sewer systems would be approximately 978,047 gallons per day. The City would experience an increase of $1,097,218,674 in its tax base. - - .. - As part of the study, the capacity of the water and sewer systems were examined. The City of North Miami Beach confirmed that the existing water system could acconunodate the need for an additional one million gallons of water per day under the FAR 3.5 scenario. Miami Dade County Utilities Department reported that the pumping station serving the City of Sunny Isles Beach would require upgrading in order to meet the additional sewage flows from the beachfront. Redevelopment at the FAR's of 2.0 and 2.5 would most likely require an upgrading of three of the four existing pumping stations. Redevelopment at the 3.0 or 3.5 would probably require an upgrading of all four stations. It is also believed that that the existing roadway systems can safely and effectively handle new traffic related to the FAR 3.5 scenario without any significant decrease in the adopted level of service. .. .. - - iIIIlI .. ... .. .. A further analysis of property values associated with the study indicated that redevelopment at any of the four FAR alternatives would be feasible. At a Floor Area Ratio of 2.0, only two sites were identified (Pan American Rio Ocean Resort and the Ocean Roc Resort Motel) that would have allegedly exceeded a land acquisition cost which would not permit the development of units selling for under $400,000 (five times the per unit land cost). At a FAR of 2.5, all of the identified redevdopment sites could have allegedly contained units at a sales price below $400,000 and all but four sites (Pan American Rio Ocean, Suez Motel-south, Beach Harbor Hotel, and Ocean Roc Resort Motel) could allegedly be redeveloped with units selling for less than $300,000. The Floor .. .. III! .. .. .. Area Ratio of 3.0 could allegedly contain units at a price below $278,228, and all but seven sites could be redevdoped allegedly with units selling for less than $200,000. .. Sunny Isles Comprehensive Plan - Existing Condinons I Background Documents 4 .. till