As you recall, on December 8th of last year, the Board provided a brief update on the proposed Club re-development. This email is to provide a further update for you and follows a meeting on Friday, January 26th with our attorneys at Weiss Serota.
We initiated Friday’s meeting with Weiss Serota following the Developer’s commencement of aggressive marketing of the “Markers” condominium project. As many of you know, a sales office and scale model have been located in the Club, and the Developer’s sales and publicity agents have been making some optimistic claims about imminent demolition and project readiness. Like all sales organizations, they are acting confidently and claiming early success in pre-selling and taking reservation fees from prospective buyers. The Developer has the right to pre-market a possible future development and to accept reservation fees.
This is to inform you that, based upon a careful review, little has changed since our December 8th update. We have learned the Developer submitted updated architectural plans for the “dry run” zoning review in the past week, having received numerous comments on its prior submission, and Weiss Serota is currently reviewing these modified plans. Other than these, no plans have been submitted to the City for purposes of obtaining a building permit.
Another aspect of Club re-development is re-platting, the process of legally subdividing the island into 2 separate buildable parcels of land which is required by the City to obtain any building permit. As discussed in our last email, the City issued a letter last year confirming that the Club property needs to be re-platted before commencing any development. We understand that the Developer is in the early stages of attempting to have the island re-platted. We are advised that the re-platting process and obtaining building permits to commence construction of the project will take many months, likely a year.
As a matter of history, all development on Grove Isle is governed by a 1977 Settlement Agreement, signed by the original developers of Grove Isle Condominiums and many other parties. This Agreement mandates a maximum of 575 dwellings, including hotel rooms. It appears clear that “the Markers” is advertising a greater number of additional dwellings than is permitted under this 1977 Agreement. There are other important objections to be made to the proposed “Markers” development at the appropriate juncture.
Finally, Weiss Serota will make certain that all the Developer's filings for building permits with City of Miami regulatory authorities strictly comply with the City's zoning codes and other City regulations as well as the 1977 Settlement Agreement's density limitations.
The Grove Isle Condominium Association Board of Directors
The Board of Directors
Dear Fellow Owners:
Board of Directors Nov 30,2017