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Resolution· 9.B· Regular City Commission· Thu, Mar 19, 2026

$14M: a Resolution of the City of Sunny Isles Beach, Florida, Approving the Terms and…

Dollar impact
$14M
Status
pending
Importance
100/100
Track
Statura briefing · workspace aware

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Resolution$13.6MintroducedRegular City Commission

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Lifecycle

IntroducedMar 19, 2026
Adopted
Effective

Item text

A Resolution of the City of Sunny Isles Beach, Florida, Approving the Terms and Conditions of a Promissory Note for the Payment of Transferable Development Rights (TDRs) in the Amount of $13,609,370.25 for the Approved Site Plan Application (PZ2025- 08) Submi ed by MB RE Investments, LLC, for the Project Entitled “Miami Beach Club” Consis ng of a Sixty-Two (62) Story Residen al Condominium Tower With 524,212.8 Square Feet of Floor Area, Including a 2,390 Square Foot Private Restaurant, and 145 Residen al Dwelling Units; Providing the City Manager With the Authority to Do All Things Necessary to Effectuate This Resolution; Providing for Severability; Providing for Repealer; Providing for an Effec ve Date.

Official documents

City legislative record from the city's public agenda system. The Ask-Statura brief is an automated interpretation grounded in this item's metadata, not legal advice.