Multifamily Residential with Public Employee Apartments at City-Owned Properties Located at 900-950-1000 E 56th Street and 555-5601 E 8th Avenue

Summary

The City of Hialeah (“City”) owns an under-used property located at 900-950-1000 E 56 Street and 555-5601 E 8 th Avenue that consists of approximately 50 acres with valuable frontage on E 8 th Avenue (Lejeune Road) to its west and the Tri-Rail to its east (“Parent Tract”). The City envisions redevelopment of the Parent Tract as a cohesive master planned, multi-phase, vibrant mixed-use City Center providing a mix of uses including multifamily residential, entertainment, food and beverage, retail, office, and transit-supportive uses, with retail frontage on East 8 th Avenue and development of a destination Tri-Rail station on its eastern flank. Through this Request for Proposals (“RFP”), the City seeks to solicit proposals from qualified and experienced development partner(s) to design, entitle, fund, construct, operate, and maintain the first phase of development for this master planned development (“Project”), to be located on the approximate six (6) acre southwest portion of the overall Parent Tract (“Subject Parcel”). The development of the Subject Parcel will serve as an initial phase or catalytic component of the City’s broader, master-planned City Center and will require a public employee housing component. A core objective of this RFP is the provision of long‑term housing opportunities for public sector or City employees. The City seeks proposals that reserve a defined portion of residential units at preferential, rental rates for a term (30 years or more) or through an alternative structure proposed by the Proposer, allowing the City to offer affordable and predictable housing as a workforce recruitment and retention tool. The City envisions utilizing this as a recruiting tool to keep the best and brightest in Hialeah for the long-term with low-cost leases within a vibrant City Center development. Proposers should include a public employee housing component and propose a structure that provides a defined number of residential units reserved for public employees at long‑term, reduced rental rates or through an alternative mechanism that achieves equivalent affordability outcomes. Proposals shall clearly identify: number and type of reserved units; proposed rental rates and escalation methodology; lease term or control period for City‑designated units; and management and leasing responsibilities for City‑controlled units. Proposers should identify available revenue streams, such as ground lease payments, that can be used to partially fund and further bring down the rental expenses for city-controlled units. The City anticipates that the Subject Parcel will be provided to the selected Proposer through a long‑term transaction structure, which may include a ground lease, joint venture, master lease, or other alternative or public‑private partnership structure, in exchange for public benefits that may include, but are not limited to: reserved residential units for public employees at reduced rental rates; ground lease payments or other revenue streams payable to the City; participation in Project revenues; and high‑quality design that supports and enhances the long‑term master development of the Parent Tract as a City Center. The City is open to innovative approaches for design, ownership structure, and revenue sharing – all in furtherance of the City’s primary goal of providing essential housing for its employees at an affordable cost. To accomplish this, the City will create a fund to receive revenues from the Project, which will be used to offset rental expenses for units provided by the Project that are reserved for City employees at preferential rates. While the City has a defined vision for the long‑term master development of the Parent Tract, it is seeking innovative, market‑responsive proposals that demonstrate creativity in site design, building program, deal structure, and financial feasibility, while remaining consistent with the City’s goals and public policy objectives. Proposals will be evaluated based on qualifications, development approach, and overall financial and public value to the City.