Las Brisas - The struggling Las Brisas Marina on the Miami River near Little Havana included not only the marina, but an upland parcel that was no longer viable economically as a marine related use. However, pursuant to Miami Land Development Regulations, the rezoning of property designated as marine industrial requires an analysis that demonstrates that marine industrial uses are no longer economically viable on the property. The landowner sought to rezone the upland parcel to multifamily, in order to develop a mid-rise residential building. The riverfront parcel would remain zoned for marine uses, and upgraded into a first-class marina. Mr. Crowder prepared the economic feasibility analysis, including significant research into the South Florida marine industry, and determined that marine uses were no longer feasible on the upland property. The report was peer reviewed and presented to the Miami River Commission, which recommended that the City of Miami approve the rezoning.
Latin American Art Museum - Mr. Crowder was the member of a team that prepared design, development and financing strategies for the development of the Latin American Art Museum in Downtown Miami, which was proposed as a partnership with Miami-Dade College. The proposal was to create an iconic gateway along Biscyane Boulevard and enhance the cultural appeal of downtown Miami. The museum was designed by world-renowned Mexican architect Fernando Romero, and would have original artworks from the Gary Nader Art Collection and a sculpture garden. Mr. Crowder’s role was providing professional expertise on Tax Increment Financing, and to perform sophisticated financial modeling of the project for the purposes of evaluating debt service coverage and fiscal return to the taxing authorities, He also served as an advisor to the project for public/private partnership negotiations and to assist with securing Tax Increment support from the Redevelopment Agency for the public components of the project.
North Beach Town Center - This was an economic assessment prepared for a private developer seeking a potential land swap and public/private partnership with the City of Miami Beach, to provide increased density, ground floor retail activation, and public parking consistent with the goals of the North Beach Master Plan. As part of this assessment, Mr. Crowder evaluated the parking conditions, the real estate market, transportation trends including ride-sharing and autonomous vehicles, and performed an economic and fiscal impact analysis of the two-block redevelopment.
Florida’s Turnpike - Mr. Crowder prepared market analysis, retail demand projections, and development and financing proformas for potential public private partnerships and/or commercial development at two Turnpike facilities: the Park and Ride lot at the Golden Glades Interchange in northern Miami-Dade County, and the Snapper Creek Service Plaza in southern Miami-Dade County.