Written by Miami Today on March 29, 2012
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DEADLINE EXTENDED: Today (3/29) is the City of Miami Beach’s deadline for development teams to submit qualifications to be selected for the city’s proposal to redevelop the Miami Beach Convention Center and its surroundings, said Miami Beach Procurement Director Gus Lopez. The original deadline was March 23, but city officials decided to give developers more time to assemble teams and detail experience, expertise and finances. Once qualification packages are received, he said, they’ll be evaluated by a city-appointed committee, which is anticipated to recommend a development team for the project at the city commission’s May 9 meeting.
GERMAN ARRIVAL: German online marketing firm eGentic has chosen Miami for its first office in the US, with the company pledging to create 40 jobs and make a $1 million capital investment here within three years, the Miami-Dade Beacon Council announced. "We came to Miami because of the cost of living, access to employees with specialty knowledge, as well as access to Latin America," said eGentic CEO and President William Tubbs. The company’s new 2,500-square-foot facility is in a business enterprise zone in midtown Miami at 3252 NE First Ave. "This is a sector which provides great opportunity for an even greater future in our community," said Frank Nero, CEO and president of the Beacon Council, which assisted eGentic in the move.
WATSON ISLAND: The Miami City Commission on Thursday deferred discussing the Flagstone Development Group’s Island Gardens project. The project, which is to be rise on city-owned Watson Island, is to encompass a luxury hotel, retail and a 50-slip mega-yacht harbor for vessels longer than 80 feet. The commission was to discuss the project’s status and completion dates of its various parts. Brian May, lobbyist for Flagstone, said the development is expected to break ground late this year. The discussion was postponed to April 26.
GREEN CORRIDOR: Miami Commissioners withdrew a discussion item from Thursday’s commission meeting regarding establishment of a green corridor property assessment clean energy district. So far, Cutler Bay, South Miami, Pinecrest and Palmetto Bay have entered into the agreement. The agreement would let homeowners essentially finance green improvements through the local government. The concept is based on the Property Assessed Clean Energy (PACE) financing model and allows property owners to finance improvements through county issued bonds and repay through a special assessment tied to property taxes.