HERON BAY TOWN CENTER - ORIGINAL

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HERON BAY TOWN CENTER - ORIGINAL
HERON BAY
TOWN CENTER
NORTH SPRINGS IMPROVEMENT DISTRICT
A proposal in response to RFP#2021-042   ORIGINAL
HERON BAY TOWN CENTER - ORIGINAL
North Springs Improvement District                                                   August 13, 2021
Attn: District Clerk
9700 NW 52nd Street
Coral Springs, FL 33076

RE: Heron Bay Town Center - RFP #2021-042

North Springs Improvement District

Triple Five Worldwide is pleased to submit the attached proposal in response to Sale &
Development of District Owned Property request for proposals. For this property Triple Five
has created a single purpose entity called “Metro Intercontinental, LLC”

Triple Five (“Developer”) wishes to secure approvals and build one of the truly outstanding
Town Centers in the United States. The project design is inspired by the most successful and
active such venues and is to be anchored by Somerset Academy Charter School, Life Time, a
specialty grocer such as Whole Foods and curated quality dining options. The “village green”
will be a place for the community to build memories and simply enjoy life in Broward County.

The creation of special places is our strength. However, securing the approvals that allow
for these landmarks is equally challenging. In this case there are two cities, a seller with
jurisdiction, and a homeowners’ association protecting the quality of life of its members. The
interests of all must be managed successfully for this vision to be realized.

The approval challenge is always the first step in this road to creation: we are up to the task.

Regards,

James Grindstaff                      Robert Gorlow                    Edgar Jones
VP Planning & Development            Development Director             Development Director
james.grindstaff@triplefi ve.          rgorlow@comcast.net              edgar@edgarjones.com
HERON BAY TOWN CENTER - ORIGINAL
_______________________
                                                                                       ___________________—

      NORTH SPRINGS IMPROVEMENT DISTRICT

           APPENDIX B:   REQUIRED RESPONSE FORM

  RFP#                                           REP TITLE:                                            RELEASE DATE:

2021 -042                       Heron Bay Commercial Redevelopment of Golf Course                  JUNE 15TH, 2021
DATE DUE          TIME DUE-AT          ORIGINAL HARD COPY              PROPOSAL & APPENDIX             COMPLETE
                  OR BEFORE            PROPOSALS & APPENDIX            ADDITIONAL HARD COPIES          ELECTRONIC COPY
                                       REQUIRED FOR ITN:               REQUIRED FOR ITN:               OF PROPOSAL
AUG 13, 2021       5:00 P.M. (EST)                1                               9                             *

                                                                                                       Single Adobe PDF file

                                              PROPOSER INFORMATION

      PROPOSER’S NAME: Justin Ghermezian Metro Intercontinental LLC
                                                  -                                                                 —

      STREET ADDRESS: 1 Meadowlands Plaza, 14th Floor                                                               —

      CITY AND STATE: East Rutherford, NJ 07073                                                                     —

      PROPOSER TELEPHONE: 201-340-2905                          PROPOSER FAX:
      CONTACT PERSON: Robert Gorlow
      CONTACT PERSON’S ADDRESS: 7485 Fairway Driv, Suite 430, Miami Lakes, FL. 33014
      CONTACT TELEPHONE: 305-556-4739                  CONTACT FAX:
      INTERNET E-MAIL ADDRESS: rgorlowcomcast.net         COMPANY WEBSITE: WWW.triplefive.com
      PROPOSER TAXPAYER IDENTIFICATION NUMBER: applied for
      How were you informed of this solicitation? (please provide media name(s) in blank space):
  •    Website:________________ Newspaper:_________________ Other: RSP Architects

                                             PROPOSAL CERTIFICATION

  I hereby certify that I am submitting the following information as my firm’s (Proposer) proposal and am
  authorized by Proposer to do so; Proposer agrees to complete and/or provide all information required by
  this document inclusive of this request for proposals, and all attachments, exhibits and appendices and the
  contents of any Addenda released hereto; Proposer agrees to be bound to any and all specifications, terms
  and conditions contained in this solicitation, and any released Addenda and understand that these are
  requirements of this solicitation and failure to comply may result in disqualification of proposal submitted;
  Proposer has not divulged, discussed or compared the proposal with other proposers and has not colluded
  with any other proposer or party to any other proposal; Proposer acknowledges that all information
  contained herein is pat4the public domain as defined by the State of Florida Sunshine and Public Records
  Laws,                      and information contained in this proposal are true and accurate.

                                                                 8/11/2021
      Si                                     incipal.

            Jidtin Ghermezian                           Authorized Signatory
   Name of Proposer’s Authorized Principal              Title of Proposer’s Authorized Principal

   NOTE: Entries must be completed in ink or typewritten.

      22 RFP #2021-042 Sale & Development of District Owned Property                   June 15, 2021
HERON BAY TOWN CENTER - ORIGINAL
FIRM
OVERVIEWS

  H E R O N B AY TO W N C E N T E R | 7
HERON BAY TOWN CENTER - ORIGINAL
TRIPLEFIVE                                                                         § One Meadowlands Plaza
                                                                                     #101, Rutheford, NJ,
MASTER DEVELOPERS                                                                     07073

                                                                                   § Phone Number:
                                                                                     702.275.2322
WHO WE ARE
Triple Five® Worldwide is a multinational
diversified conglomerate, development and
finance corporation with offices in major U.S.,
                                                          1965
Canadian and global cities. Triple Five Worldwide
Group of Companies has developed, owns &              56 YEARS
                                                      WE’RE WELL ESTABLISHED
                                                                                    5,000 PEOPLE
                                                                                                     +

operate the 1st, 2nd and 3rd world’s largest                                            WE’ VE GOT PASSIONATE STAFF

tourism retail and entertainment complexes
of its kind as well as an extensive portfolio of
diverse and independent divisions that currently
employs over 5,000 professionals and has created
over 50,000 jobs. Triple Five’s wide-ranging
                                                         OFFICES                       FAMILY RUN
experience is suited to creating successful mixed-
                                                      LOCATED AROUND THE GLOBE              PRIVATE FAMILY RUN
                                                            10 U.S. OFFICES                      BUSINESS
use developments and activities worldwide that
                                                       5 INTERNATIONAL OFFICE
encompass the development, management and             NATIONAL & INTERNATIONAL
                                                               PRESENCE
ownership of world-scale ventures in many fields.

WHAT HAVE WE ACCOMPLISHED?
 THREE LARGEST TOURISM RETAIL AND ENTERTAINMENT COMPLEXES OF ITS KIND

      st                                             50,000 JOBS
  1           § jWest Edmonton Mall

     nd                                              112 MILLION
 2            § jMall of America
                                                     VISITORS ANNUALLY

     rd                                              RICH BLENDS OF
 3            § jAmerican Dream
                                                     GLOBAL RETAILERS
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HERON BAY TOWN CENTER - ORIGINAL
FIRM OVERVIE W

DIVISIONS

§ jMixed-Use Developments                 § Hotels/ Hospitality                § Residential Real Estate
§ Urban Entertainment                     § Construction                       § Commercial Real Estate
§ Office Buildings                        § Revitalization                     § Procurement, AND MORE!

 Mall of A merica

 Bloomington, Minnesota

 A mercan Dream Meadowlands,                    A mercan Dream Meadowlands,

 East Ruther ford, New Jersey                   East Ruther ford, New Jersey

© 2021 R S P A R C H I T E C T S , LT D                                         H E R O N B AY TO W N C E N T E R | 9
HERON BAY TOWN CENTER - ORIGINAL
TEAM ORGANIZ ATION

                               ED G A R J O N E S              R O B ER T G O R LOW                  JA ME S G R I N D S TA FF
                               Development Director               Development Director                Vice President of Development

       Owner and Developer - a division of Triple Five Worldwide, led by Bob Gorlow and Edgar Jones, locally, and

       James Grindstaff, corporately, will be the principal agents negotiating with the Seller, securing approvals,

       guiding the design, documentation, and bidding, managing the construction and grand opening, and providing

       oversight on Triple Five’s property management. The single use entity for this property will be called “Metro

       Intercontinental,LLC”

                                                            PR I M A RY T E A M R E S O U R C E S

                                                                                                        C H A RT E R S C H O O L         C H A RT E R S C H O O L
G E N E R A L CO N T RACTOR     LIFESTYLE ANCHOR                 M A ST E R A R C H I T ECT          D EVE LO PE R! O PE R ATO R              A R C H I T ECT

     NV 2 A G R O UP                  LIFE TIME                    R S P A R C H I T ECTS                     ACA D E M I CA                     C IVI CA

G IL B ER TO N E V E S          J O H N G R I FFI T H        L AWR EN CE B E A ME                      JULIO ROBAINA                         R O L A ND O
     President & CEO             Senior Vice President                    Principal                              Principal                    L L A NE S
                                                                                                                                                  Principal

                              PA R H A M JAVA H ER I            DAV I D H ER B ER T
                              Chief Property Development Senior Associate Design Architect
                                   Offi cer & Executive

                                                                  S U B CO N S U LTA N TS

                                                  RETAIL L E A S I N G                              C IVI L E N G I N E E R

                                    COURTELIS                      CROSSMARC                   A .M.I. ENGINEERING
                                    COMPANY                         S E R VI C E S

                                 R O D C A S TA N            J O H N CR O S S M A N                 FR A N CI S CO
                                      President                          President                   A LO N S O
                                                                                                          Principal

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HERON BAY TOWN CENTER - ORIGINAL
T R I PL EF I V E WO R L DW I D E

    PROJECT EXPERIENCE

                                          AMERICAN DREAM MEADOW L ANDS
                                          Eas t Ruther ford, NJ

                                          3 Million SF | 5 Billion dollar investment
                                          Recently opened in 2021, American Dream Meadow
                                          Lands is a retail and entertainment complex offering an
                                          unparalleled destination for indoor family fun. Nickelodeon
                                          Theme Park, Dreamworks Water Park, indoor skiing plus
                                          more than 450 stores and services are just some of their
                                          mega attractions.

                                          SPACE COAST TOWN CENTER
                                          Brevard Count y, FL

                                          200 Acres | 350,000 SF Retail | 500,000 SF Office|
                                          3,300 Multi-Family Units | 20-60K SF Grocer| Hotel
                                          With construction underway, Space Coast Town Center is
                                          the future of community centers, serving the Florida Space
                                          Coast region and offering a multi-use lifestyle catered to the
                                          growing tech/stem industries of the area.

                                          AMERICAN DREAM MIAMI
                                          Miami, FL

                                          5 Million SF | 5 Billion Dollar Investment
                                          American Dream Miami uniquely incorporates the largest
                                          entertainment component to its predecessor. Currently in
                                          the permitting process, American Dream Miami’s proposed
                                          entertainment facilities include the worlds tallest indoor
                                          ski park, a permanent Cirque du Soleil show, submarine
                                          rides, and an aquarium and hundreds of curated shops &
                                          restaurants.

© 2021 R S P A R C H I T E C T S , LT D                                     H E R O N B AY TO W N C E N T E R | 11
HERON BAY TOWN CENTER - ORIGINAL
PROJECT EXPERIENCE
CONT.

BOCA FASHION VILL AGE
L as Vegas, NV
                                                      JAMES GRINDSTAFF
138,360 SF | Lifestyle Village
                                                      TripleFive Worldwide, V ice President
This oasis in the desert focuses on fashion, food     Planning & Development
and lifestyle services. Boca Town Center has
a balanced tenant mix including active outdoor        james.grindstaff @triplefi ve.com

recreation, personal services and ample food          702.275.2322

offerings. Mediterranean style architecture and
                                                      James Grindstaff joined Triple Five Worldwide
positioned water features invite the neighboring
                                                      in 2003 and has since been involved in the
community to parake in a leasurly stroll or engage    development of over 3 million square feet of retail/
in community held events.                             mixed use developments, multi-family projects,
                                                      master planned communities, and flex-office
                                                      developments in the United States. His designs reflect
                                                      his belief in “experiential living,” which incorporates
                                                      progressive, cutting-edge technology by design. His
                                                      work is based on what he calls the three pillars of
                                                      NextGen design: sustainability, smart mobility, and
                                                      open space that is both publicly accessible and
                                                      experiential. Using these pillars, James designs
GILBERT TOWN CENTER                                   projects that are timeless but future-facing—they
                                                      work for the way people live now, and how they will
Gilber t , A Z
                                                      want to live well into the future.

159,000 SF | Mixed-Use Development
                                                      SELEC T ED E XPERIEN CE
Gilbert Town Center is the perfect balance of
residential living with great retail and restaurant   § Boca Fashion Village, § American Dream,
offerings. Nestled in this Phoenix Suburb,              Las Vegas, NV           East Rutherford , NJ

this center boasts classic southwest desert           § The District at                § Gilbert Town Center,
architecture and plenty of shaded landscaping           Green Valley Ranch,               Gilbert , AZ
from the Arizona Heat.                                  Henderson, NV

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HERON BAY TOWN CENTER - ORIGINAL
T R I PL EF I V E WO R L DW I D E

                                           EDGAR JONES
                                           TripleFive Worldwide
                                           Development Director

                                           As principal of Edgar Jones & Company, LLC, Edgar Jones
                                           creates value in real estate through development, consulting and
                                           advisory services. His current partnerships include BBX Capital and
                                           Space Coast Town Centre. Edgar is highly and widely regarded for his
                                           ethics, integrity, real estate and business knowledge. Prior to
                                           launching his company, Edgar served in leadership roles for
    edgar@edgarjones.com
                                           Rockefeller Group Development Corporation, Cushman & Wakefield,
    305.401.8275
                                           and Grubb & Ellis. A native Floridian, Edgar graduated from Stetson
                                           University in Deland, Florida. Among his many board memberships
                                           and community leadership roles, he currently serves on the Advisory
                                           Board of the University of Florida’s Bergstrom Center for Real Estate
                                           Studies and is a Founding Member of the Real Estate Advisory Board
    SELEC T ED E XPERIEN CE                of the University of Miami School of Architecture.

   § Space Coast Town Center,              § American Dream,             § Miramar Town Center,
      Brevard County, FL                     Miami , FL                     Miramar FL

                                           ROBERT GORLOW
                                           TripleFive Worldwide
                                           Development Director

                                           Bob Gorlow is a real estate investor and developer. His
                                           current partnerships include Triple Five Worldwide, Space Coast
                                           Town Centre, Retail Estate, Prudential, BBX Capital, Turnberry
                                           Associates and the Arellano Family. Bob holds degrees from several
                                           renowned institutions, having studied every facet of the
                                           development industry, from architecture to engineering to finance.
    rgorlow@comcast.net                    He holds a BS in Physics and Math from the University of North
    305.812.8225                           Carolina, Chapel Hill, a BS in Architecture from the Catholic
                                           University of America, a master’s in Architecture from the University
                                           of Texas at Austin, and an MBA and a Masters of Civil Engineering
    SELEC T ED E XPERIEN CE
                                           from Stanford University. Prior to forming Entertainment Enterprises,
    § Space Coast Town Center,             LLC, Bob worked at Prudential and Constructa, helping to develop
      Brevard County, FL                   community-significant, landmark properties.

    § Alahambra Hotel & Office Mixed-        § American Dream,                § Destin Commons,
       Use Development, Coral Gables, FL     Miami , FL                        Okaloosa County, FL

© 2021 R S P A R C H I T E C T S , LT D                                         H E R O N B AY TO W N C E N T E R | 13
ACADEMICA
 CHARTER SCHOOL DEVELOPERSS

WHO WE ARE

Academica was founded in 1999 on the
principle that each school of choice is a
unique educational environment. We are
leaders at developing and maximizing human
potential and we help our clients achieve
their educational and organizational goals.
Clients maintain complete control over
their academic programs, staffing needs,
management, and curriculum. Academica
empowers each client to pursue specialized
educational goals while maintaining a student
centric focus. We have a strong commitment               1999 9
                                                                1
to customization, flexibility, collaboration, &
creative thinking.
                                                   22 YEARS
                                                        ESTABLISHED
                                                                                            200
                                                                                     EDUCATIONAL INSTITUTIONS
The key to our success is by maintaining an
ongoing dialogue among educators, students,
and parents. Academica revolutionized
the traditional K-12 educational path by
turning it into a dynamic K-16 network. We
provide students from all backgrounds and
                                                     150K+
                                                     STUDENTS GLOBALLY
                                                                                              15
                                                                                   NATIONAL BLUE RIBBON SCHOOLS

socioeconomic groups with access to a free,
high-quality education from Kindergarten
to college. By integrating technology with
groundbreaking educational initiatives,
                                                      “A”
Academica can help a school implement a               RATED
                                                 ACADEMICA’S GRADE FOR 2019
                                                                                    1 RANKING
                                                                                    #

                                                                                  CHARTER HIGH SCHOOL IN FLORIDA:
top-notch educational experience for any          UNDER FLORIDAS ACADEMIC      INTERNATIONAL STUDIES CHARTER SCHOOL

child.                                            ACCOUNTABILIT Y SYSTEM

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FIRM OVERVIE W

                                                 JULIO ROBAINA
                                                 Academica
                                                 Principle

                                                 Julio Robaina’s career started and remains in the
                                                 heart of Florida. Julio attended the University of
                                                 Miami’s School of Business Administration. He later
                                                 obtained a Bachelors in Organizational Leadership
     jrobaina@academica.org
                                                 from Saint Thomas University. Julio co-founded
                                                 the commercial and multi-family department at
                                                 O.K Realty Inc. after advancing his way through
                                                 the company. He later founded Univest Realty
                                                 & Management as well as Univest Construction
                                                 and Development. His company specialized in the
                                                 development, marketing and management of single
                                                 and multi-family homes. November of 1997 would
                                                 be a turning point for his career. Julio was elected by
                                                 popular vote, to a four year term, to be a member
                                                 of the legislative body of the government of the
                                                 city of Hialeah. He was elected to serve as Council
                                                 President and was re-elected without opposition
                                                 for anther four year term. In August of 2005 Julio
                                                 was elected City of Hialeah Mayor and re-elected
                                                 for an additional four years. After his tenure as
                                                 City of Hialeah Mayor, he founded JRRV Ventures,
                                                 a corporation specialized in the development
                                                 and permitting of commercial and multi-family
                                                 residential projects. In the same year he became
                                                 chief operating Officer of Academica, a support and
                                                 service provider for public Charter Schools across
                                                 the nation and internationally. Academica has
                                                 garnered a multitude of National Blue Ribbons and
  P i n e c r e s t G l a d e s A c a d e m y,   continues to provide exemplary service & teaching
  M i a m i, F L
                                                 in the academic field.

© 2021 R S P A R C H I T E C T S , LT D                                H E R O N B AY TO W N C E N T E R | 15
LIFE TIME
 LIFEST YLE CENTER PARTNERS

WHO WE ARE

Since opening its doors nearly 30 years
                                                       1992 0
ago, Life Time has evolved into something                     1

completely unique. Today it’s a growing
                                                                                                                                        +
community of people who have defined a
new path forward. Where health, knowledge
                                                   29 YEARS 1.8M 35,000
                                                   WELL ESTABLISHED                                MEMBERS                  EMPLOYEES

and relationships are valued. Where our
energy is channeled for good. And where
purpose drives our daily lives. We are always
exploring new ideas that improve not only
body and mind, but also integrate wellness
into our daily lives. This can help us all to be
more thoughtful, productive and engaged as
we savor the journey of life. We are strongly
committed to education and the positive
impact that data and science can bring to our
daily lives. We also recognize the importance
of knowing ourselves and working with
others to pursue our purpose. We are
constantly striving to create communities
based on integrity and respect. To create
                                                    P i n e c r e s t G l a d e s A c a d e m y,
places where all are seen, heard, valued and
                                                    M i a m i, F L
understood as we work together for a greater
good.

 P i n e c r e s t G l a d e s A c a d e m y,       P i n e c r e s t G l a d e s A c a d e m y,

 M i a m i, F L                                     M i a m i, F L

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FIRM OVERVIE W

 LIFETIME PERSONNEL

                                          JOHN GRIFFITH
                                          Lifetime
                                          Senior Vice President

                                          John joined the company in 2019 as Senior Vice Present of
                                          Real Estate and Development. John oversees acquisitions and
                                          development of all new athletic facilities. John serves on the Board
                                          of Directors for CBL & Associates Properties, Inc. a real estate
                                          investment trust. Prior to joining Life Time, John was the EVP of
                                          Property Development at Target Corporation from 1999-2014. Store
                                          count during John’s tenure at Target more than doubled, from just
                                          over 900 stores to over 1900 stores. John pioneered unique
                                          processes which drove opportunities for flexible store formats. John
                                          managed a team of more than 3,500 people and had an average
                                          annual capital investment budget of over $2 Billion.

                                          PARHAM JAVAHERI
                                          Life Time
                                          Chief Property Development Officer & Executive
                                          Parham , is the driving force behind the location growth of
                                          the nation’s premier healthy lifestyle brand. As Life Time continues
                                          to differentiate itself with its one-of-a-kind model for healthy living,
                                          healthy aging and healthy entertainment, PJ is guiding real estate,
                                          acquisitions, development, architecture and construction to bring the
                                          company’s athletic resorts, Life Time Work shared workspace and
                                          Life Time Living high-end residences to cities across the U.S. and
                                          Canada. He leads a team of talented professionals in real estate,
                                          development, architecture, design and construction out of the
                                          company’s corporate headquarters in Chanhassen, MN.

© 2021 R S P A R C H I T E C T S , LT D                                           H E R O N B AY TO W N C E N T E R | 17
RSP ARCHITECTS
MASTER ARCHITECTS

                                              WHO WE ARE
                                              Founded in 1978, RSP Architects has emerged as
                                              one of the country’s most trusted, diverse and
                                              agile architecture and design firms. We have over
                                              375 employees with clients that are a dynamic
                                              cross-section of Fortune 100 global organizations,
                                              innovative start-ups, thoughtful non-profits and
Downtown Doral,                               institutions, and public entities.
D o r a l, F L

                                              We design relationships as
                                              thoughtfuly as we design
                                              buildings

                                              Relationships with our clients, consultants and
                                              colleagues. For we believe the best design
                                              solutions require collaboration. While it’s often an
                                              over-used word, collaboration sums it up perfectly.
                                              RSP’s approach to design involves listening,
                                              learning, sharing, exploring. We understand the
                                              best ideas can come from anyone at any time. Egos
CocoWalk ,
                                              are checked at the door, freeing us to dig into the
Coconut Grove, F L
                                              real issues and dynamics inherent in every project.

                                              That’s why we are fiercely committed to our clients
                                              and united in our goal to discover the unique
                                              design solutions that best support our clients’
                                              future success. From Minneapolis to Miami,
                                              Baltimore to Bangalore, every one of RSP’s seven
                                              offces is dedicated to our clients. We’ve built a
                                              network of design thinkers across the U.S. and
                                              beyond who celebrate how the built environment
                                              can motivate, engage and support the people
16 0 0 0 Pines,                               within. Ultimately, we are inspired to inspire others
Pembroke Pines, F L                           by delivering design that works.

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FIRM OVERVIE W

      P i n e s C i t y C e n t e r,

      Pembroke Pines, F L

                                                     1978 9
                                                            0

                                             43 YEARS
                                              WE’RE WELL ESTABLISHED
                                                                               7 OFFICES
                                                                              LOCATED AROUND THE GLOBE

                                                    +
                                          375 PEOPLE 11 RANK
                                          WE’ VE GOT PASSIONATE STAFF
                                                                              #

                                                                          2018 VMSD TOP RE TAIL DESIGN FIRMS

                                              TOP 25
                                            A /E FIRMS IN THE COUNTRY
                                                                                        5   %

                                                                                  ANUALLY TO LOCAL
                                          BASED ON RE VENUE (BD+C 2018)             NON-PROFITS

       CocoWalk ,

       Coconut Grove, F L

© 2021 R S P A R C H I T E C T S , LT D                             H E R O N B AY TO W N C E N T E R | 19
PR O J E C T E X P ER I EN C E

                                              DOWNTOWN DOR AL
                                              Doral, FL

                                              160,000 SF Retail | Mixed-Use Development
                                              This mixed-use development is Miami’s premier town center
                                              that brings a vibrant community of culture and commerce
                                              to the city. Home to the new Doral City Hall, a neighborhood
                                              elementary school, a three-acre park and over 15,000
                                              new residents, the new Main Street is lined with signature
                                              restaurants and shops supported by structured parking. The
                                              design intentionally creates an inviting entrance to Downtown
                                              and a street scape that promotes community interaction and
                                              engagement.

                                              PINES CIT Y CENTER
                                              Pembroke Pines, FL

                                              300,000 SF | Mixed-Use Village
                                              RSP’s master plan for Pines City Center creates a mixed-
                                              use village in one of Broward County’s most populous
                                              cities. The traditional suburban center takes a more urban,
                                              neighborhood approach by creating well landscaped plazas,
                                              pedestrian connections, articulated storefronts and a
                                              streetscape rhythm that showcases the tenants.

                                              COCOWALK
                                              Coconut Grove, FL

                                              Mixed-Use Retail & Restaurants| Class-A Office
                                              The repositioning of CocoWalk began with a central theme.
                                              a plan to return the development to its rightful status by
                                              stripping away the bling of yesteryear for the authenticity
                                              of the local Coconut Grove community. RSP brings a true
                                              mixed-use sensibility to the scheme, layering components
                                              and assembling diverse tenants that complement rather than
                                              compete. A new central gathering space acts as a landscaped
                                              oasis allowing for public activation throughout the day.

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R SP ARCHITEC TS

                                          L ARRY BEAME
                                          R SP Architec t s
                                          Principle + AIA

                                          As managing principal of the Miami office, Larry directs its
                                          operations and is closely involved in all projects. From his work on
                                          Downtown Doral to the recently-redesigned CocoWalk, he makes it a
                                          priority to remain personally involved in the design of each and every
                                          project. Experiential design is at the core of his philosophy—that
                                          great architecture should not only leave a visual impression, but help
    larry.beame@rsparch.com
                                          people experience a place and have a lasting, positive impact on the
    305.282.2730                          surrounding community. His work has received numerous design
                                          awards from AIA, International Council of Shopping Centers (ICSC)
    SELEC T ED E XPERIEN CE               and industry. During his career, he has led interdisciplinary teams
                                          designing a variety of building types, including retail and hospitality,
    § Downtown Doral,                     restaurant and mixed-use in various locations across the US and
       Doral, FL                          world.

    § CocoWalk,                           § Pines City Center,                      § 16000 Pines,

       Coconut Grove , FL                   Pembroke Pines, FL                        Pembroke Pines, FL

    § Space Coast Town Center,            § American Dream
       Brevard County, FL                   Miami, FL

                                          DAVID HERBERT
                                          R SP Architec t s
                                          Senior Project Design Architect + RA

                                          As a Senior Designer, David specializes in the planning and
                                          design of various types of projects through all the phases of the
                                          design process. David has been lead designer on retail,
                                          entertainment, hotel/resort, mixed-use, office and multifamily
                                          residential projects. He particularly enjoys collaborating with clients
                                          to fully understand the clients’ business goals and balance the needs
    david.herbert@rsparch.com
                                          of future tenants and the community. His work wins design awards
    954.257.3300
                                          and, more importantly, wins over clients, cities and members of the
    SELEC T ED E XPERIEN CE               community.

    § Westfield Sarasota,                  § Space Coast Town Center,                § American Dream,
       Sarasota, FL                         Brevard County, FL                        Miami, FL

© 2021 R S P A R C H I T E C T S , LT D                                         H E R O N B AY TO W N C E N T E R | 21
CIVICA
  CHARTER SCHOOL ARCHITECT

  WHO WE ARE
  CIVICA, LLC, (dba) Civica Architecture,
                                                     2004 0
  a Florida Limited Liability Company                       1

  established in 2004, is a local
  architectural firm located in Doral that      17 YEARS                 EDUCATIONAL &
                                                                         RECREATIONAL
                                                                                                    1+ MILLION SF
                                                                                                       OF EDUCATIONAL,
  provides services to a variety of public      ESTABLISHED
                                                                           FACILITIES                 RECRE ATIONAL, AND
  and private sector clients throughout                                    IS OUR E XPERTISE        COMMERCIAL BUILDINGS
                                                                                                    COMPLE TED THROUGHOUT
  Florida.
                                                                                                     THE STATE OF FLORIDA.
  Over the past 17 years, CIVICA has
  specialized in the master planning,
  design, production of construction
  documents, bidding, permitting, and
  construction administration of award-
  winning educational and recreational
  facilities, producing an unparalleled
  body of work throughout the State of
  Florida. Our experience and expertise,
  however, is wide and diverse, and
                                                Universit y of Miami S tudent Ser vices Building,
  includes residential, commercial, and         Coral Gables, F L

  public involvement projects. Projects
  by CIVICA and its key personnel include
  public parks and community centers,
  numerous schools (public and private),
  gymnasiums, sports fields, public
  services facilities, single-family and
  high-rise residential towers. To date, Mr.
  Llanes and key CIVICA personnel have
  completed work on over two million
  square feet of educational, recreational,
                                                SL A M II Academy Char ter School,
  and commercial buildings throughout the       M i a m i, F L

  state of Florida.

2 2 | H E R O N B AY TO W N C E N T E R                                       © 2 021 R S P A R C H I T E C T S , LT D
FIRM OVERVIE W

                                                 ROL ANDO LL ANES
                                                 Civica, AIA
                                                 Principal

                                                 Rolando Llanes, AIA is President and Founding
                                                 Principal of Civica, LLC and a State of Florida
                                                 registered architect. With over 35 years of
                                                 experience, he has garnered various American
   rllanes@civicagroup.com
                                                 Institute of Architects design awards since 1990,
   305.593.9959
                                                 a testament to his creative accomplishments and
   SELEC T ED E XPERIEN CE                       excellence in the field of architecture. Over the
                                                 past several years, Mr. Llanes has specialized in the
§ University of Miami Student
  Services Building, Coral Gables, FL            design of public and private educational facilities.
                                                 To date, Mr. Llanes and key Civica personnel have
§ SLAM II & III Academy Charter
  School, Miami, FL                              completed work on over one million square feet
                                                 of award-winning educational and recreational
§ Pinecrest Glades Academy,
  Miami, FL                                      buildings. Mr. Llanes is also committed to the
                                                 preservation of buildings and historic structures
§ Doral Academy High Charter
  School/ Annex/Gym, Doral, FL                   believing that they are “inextricably linked to the
                                                 stories of those who inhabited them. When you lose
§ Somerset Academy Bay Charter
  School, Miami, FL                              one, you often lose the other”. He works towards
                                                 an architecture that is reflective of the place and
§ Mater Academy STEM Pavilion,
  Hialeah Gardens, FL                            people that inhabit them.

  P i n e c r e s t G l a d e s A c a d e m y,    Somerset Academy Bay Char ter School

  M i a m i, F L                                  M i a m i, F L

© 2021 R S P A R C H I T E C T S , LT D                                        H E R O N B AY TO W N C E N T E R | 2 3
FIRM OVERVIE W

NV2A GROUP
GENERAL CONTRACTORS

WHO WE ARE
NV2A brings world-class construction
with the personal touch that only a truly
local firm can offer. We capitalize on
our collective experience and on the
complementing strengths of individuals
and teams to deliver superior pre-
construction and construction services
                                             GILBERTO NEVES
to our clients. Established in 2016,
we are a team of 48 South Florida-           NV 2 A Group
based interdisciplinary construction         President & Chief Executive Officer
professionals with extensive local,          gneves@nv2agroup.com
national, and international experience       305.469.7783
building complex projects in challenging     With over 35 years in the construction industry,
environments. Through performance,           Gilberto is truly recognized as one of the construction
track record and a commitment to             greats of South Florida. Singlehandedly, Gilberto has led
                                             the team that built over 65% of Miami International
sustainability, NV2A seeks to build upon
                                             Airport (MIA) and more than $2.5 billion in expansion and
its founders’ legacy in the markets served   capital projects combined at MIA and Fort Lauderdale-
and become the preferred choice for          Hollywood International Airports. Gilberto also
clients, partners, and prospective talent.   spearheaded the construction of iconic buildings including
                                             the NCL Cruise Terminal B, Adrienne Arsht Center for the
For Agustin Arellano, Gilberto Neves,
                                             Performing Arts and American Airlines Arena. He is
Jesus Vazquez and Agustin Arellano, Jr.,
                                             responsible for the overall success of the organization and
founding the firm came rather naturally,      leads the development and execution of short-and long-
after years of service in key ownership      term strategies.
and leadership positions in their
                                             SELEC T ED E XPERIEN CE
respective firms. Over the last 30+ years,
                                             § Miami Int. Airport,          § Fort Lauderdale-
they have successfully delivered over 400
                                               Miami, FL                       Hollywood Int. Airport,
public projects valued at of $7.5 billion
                                                                               Fort Lauderdale , FL
and over $1.8 billion worth of private
sector work.                                 § NCL Cruise Terminal § Adirenne Arsht
                                               B, Henderson, NV                Center, Miami, FL

24 | H E R O N B AY TO W N C E N T E R                             © 2 021 R S P A R C H I T E C T S , LT D
FIRM OVERVIE W

A .M.I. ENGINEERING
CIVIL ENGINEERS

L ATEST PROJECT
EXPERIENCE

SPACE COAST TOWN CENTER
MASTERPL AN
Brevard Count y, FL

200+ Acres | Mixed-Use Development
Mr. Alonso is the Lead Civil Engineer for this
200+ Acre Mixed Use Development park in          FRANCISCO ALONSO
a leisurely stroll or engage in community        A .M.I. Engineering
held events.. He was responsible for             President + PE
the design and coordination all the              Mr. Alonso is a Professional Engineer with over 19
site infrastructure including roadways,          years of experience in management, planning, design,
lighting, water, sewer, other utilities, and a   permitting and construction of municipal and Site Civil
                                                 Engineering projects which include site planning and
complex stormwater management system
                                                 engineering, vertical facility design and permitting, water
of interconnected ponds conceptually             and sewer design and permitting, storm-water master
permitted through the SJRWMD along with          planning, storm-water design and permitting, traffic
                                                 calming, and general roadway design. In addition, he has
                                                 provided professional engineering services as a consultant
SPACE COAST TOWN CENTER                          managing capital projects for various municipalities
                                                 including the City of Miami, the City of South Miami,
PHASE I INFR ASTRUC TURE
                                                 Miami Shores Village, and the City of West Miami where
Brevard Count y, FL
                                                 Mr. Alonso serves as the City Engineer and Building
                                                 Official.. Prior to becoming President of A.M.I. Engineering,
Mr. Alonso is the Engineer of Record             he spent the previous 19 years as lead engineer at T.Y. Lin
and Lead Engineer for the first phase of         International.
the Space Coast Town Centre project in
Brevard County, Florida. The first phase         SELEC T ED E XPERIEN CE
of the project consisted of the backbone
                                                 § Barry University –           § American Dream,
infrastructure required to serve the first
                                                   School of Graduate              Miami , FL
sub-development by Integra Land Company
                                                   Medical Sciences,
consisting of a 300-unit residential.              Miami Shores, FL

© 2021 R S P A R C H I T E C T S , LT D                                         H E R O N B AY TO W N C E N T E R | 2 5
RETAIL LEASING CONSULTANTS

                                                       COURTELIS COMPANY
                                                       ROD CASTAN
                                                       Cour telis Company
                                                       President + CRRP
                                                       With 50 years experience, 2.5 million square feet of shopping center
                                                       space and over 1500 residential units in Florida, Courtelis Company
                                                       offers quality locations in a diverse product mix.

rcastan@courtelis.com                                  Courtelis Company has developed over 5 million sq ft of commercial
305.794.4700                                           properties including such distinctive projects as the Waterside Shops in
                                                       Naples, an award-winning specialty center anchored by Saks 5th Ave.
Rod L. Castan has been in the commercial
                                                       and the Falls Shopping Center in South Dade County.
property development, sales, leasing, and
management business since 1985. He is President of
                                                       Courtelis’ newest projects in Central Florida, Miami, Ft. Myers,
the Leasing and Management Division, and has been      Jacksonville, Naples and Orlando, together with existing centers and
with Courtelis Company since 1995. Prior to joining    residential communities throughout the state offers tenants a variety
Courtelis Company, Rod Castan was Vice President/      of opportunities. The company continues to expand its portfolio with
District Leasing Manager with Balcor Property          quality new development, as well as renovation of existing properties,
Management., leasing 1.7 Million SF of shopping        construction management, acquisition, and third party property
centers in the Southeast United States.                management & leasing.

                                                      CROSSMARC SERVICES
                                                      JOHN CROSSMAN
                                                      Crossmarc Ser vices
                                                      President, CCIM + CRX

                                                      § Drove changes which propelled the organization to the top-ranked
                                                        property management organization in the Orlando area and the state of
                                                        Florida.

jcrossman@crossmancb.com                              § Built relationships which expanded the organization’s reach outside
                                                        Florida. Secured The Villages’ leasing, marketing and accounting
407.341.3895
                                                        business, adding over 4M square feet to the management portfolio and
                                                        increasing the company’s size seven-fold.
As President & CEO, Mr.Crossman is an                 § Created initiatives which allowed the organization to move beyond a
accomplished executive with over 25 years of            client base of small, private owners to serve over 15 Fortune 500’s with
experience transforming business go-to-market           100 on the radar in active relationships.
strategies and outperforming expectations. He is
                                                      § Grew gross revenue by more than 400% over a ten-year period, securing
Responsible for financial performance, marketing
                                                        wins against other Fortune 500 real estate organizations to represent
and business development initiatives, team
                                                        organizations like Publix, Prudential, MetLife, New York Life, JPMorgan
development and community relations.                    Chase, and other progressive growth organizations.

     26 | H E R O N B AY TO W N C E N T E R                                             © 2 021 R S P A R C H I T E C T S , LT D
TECHNICAL
                                          PROPOSAL
                                          DESIGN SUMMARY
                                          Heron Bay Town Center is, first and foremost,
                                          designed to bring the community together. Inspired
                                          by other classic Florida town centers like Seaside,
                                          Celebration and Winter Park, Heron Bay is based
                                          on a timeless hometown model—a village green
                                          surrounded by shops, restaurants, outdoor dining and
                                          connected by walkable, landscaped footpaths. Pocket
                                          parks, plazas and outdoor rooms enhance the sense
                                          of place and give the community and visitors a chance
                                          to make great memories.

                                          The scale and character of Heron Bay Town Center
                                          will give the residents of Coral Springs and Parkland
                                          a classic hometown atmosphere, with places to dine,
                                          relax and come together. Upper-level office space will
                                          also be available for local and start-up businesses
                                          from Northern Broward. With the offices welcoming
                                          people to the development by day and the shops,
                                          restaurants and community activities in the evenings,
                                          the town center will maintain a friendly, active
                                          atmosphere throughout the day. Project geometry
                                          relies on a bold semi-circle arc with the village green
                                          in the center. We see this as a dynamic, high
                                          programmable space that has been designed to
                                          host farmers markets, art shows, concerts, movie
                                          nights and other activities that bring the community
                                          together. A bandstand provides a sculptural focal
                                          point for a movie or concert on the lawn. And the
                                          human scale of surrounding structures keeps things
                                          intimate, relaxed and comfortable. Activities will be
                                          scheduled by a professional entertainment manager.

© 2021 R S P A R C H I T E C T S , LT D                            H E R O N B AY TO W N C E N T E R | 27
Circulation will be clear and logical,               In the proposed plan, an excellent charter
 emphasizing efficiency of movement and                 school occupies the parcel to the west,
 incorporate appropriate traffic-calming                with school traffic kept separate from the
 measure to maintain a safe and orderly               town center (please see the accompanying
 environment. Abundant parking is distributed         information on the charter school, among the
 throughout the properly to provide convenient        most prestigious in the country).
 access and lessen the impact of large, paved
 areas. Various trellis and arbor features            A specialty grocer will flank the North of the
 enhance the parking and connect parking              town center, offering curated comestibles,
 to retail via defined and shaded paths that           local produce and prepared foods perfect for
 extend the experience beyond the curb.               a picnic at the many gazebos and pavilions
                                                      throughout the project and along the canal.
 A mixture of hardscape and softscape, all            Our team encourages the city to replace the
 climate appropriate, will help soften edges          current golf course with an “English Garden”
 and strengthen the site’s value as a quality         along the edge of the town center, which
 development. Signage, wayfinding and                  will form a beautiful transition between the
 environmental elements will be used to               town center and the homes beyond, as well
 improve circulation, foster a sense of place         as bringing a level of privacy and seclusion to
 and reinforce a development brand that               residents.
 can be used in leasing and promoting the             Additional offices and a stand-alone
 development                                          restaurant overlooking the water are located
                                                      to the north along Nob Hill Road bordering
 The canal, additional water features, and the        the canal and buffered to the west. The “dog
 pedestrian boardwalk form the eastern edge           leg” portion of the property in the extreme
 of the Village Green. Sought-after restaurants       north is set aside as a park. Our team is in
 line the edge of the canal, offering “Florida         talks with a venue that could accommodate a
 style” leisure dining. To the west, a graceful arc   winery and/or high-end brewery with outdoor
 of shops and merchants forms the edge the            gardens—the perfect, picturesque backdrop
 project, with office space above that boasts           for weddings and special gatherings.
 views of the waterway, golf course and Village
 Green.                                               The architecture and design of Heron
                                                      Bay Town Center match and augment
 A striking archway that leads to a three-story       the hometown atmosphere. The colors,
 office building and entry courtyard run along          rhythm, and textures will be light, warm, and
 the east/west axis through the Village Green.        engaging with roughhewn and smooth rock
 A Lifetime Fitness Center stands as one of the       intermingled with smooth and tactile surfaces.
 centerpieces of the program, complete with           The combination of architectural elements,
 luxury amenities, resort- and spa-style pools        strong urban planning, mix of retail and
 and a field for sports.                               array of activities will make the project a true
                                                      destination for residents and visitors.

2 8 | H E R O N B AY TO W N C E N T E R                               © 2 021 R S P A R C H I T E C T S , LT D
OVERALL
                                          SITEPLAN

© 2021 R S P A R C H I T E C T S , LT D      H E R O N B AY TO W N C E N T E R | 2 5
ENLARGED CHARTER
             SCHOOL SITEPLAN
§ Phase III
§ Gymnasium/
§ Classroom Annex

§ Phase II
§ 3-Story Middle School/
§ High School

§ Phase I
§ 2 or 3 Story Elementary School

§ Main Entrance
SOMERSET ACADEMY, INC
.
Somerset Academy, Inc., is a non-profit charter school       Somerset Academy, Inc. was the first charter school
management organization (CMO). The network was              network in the United States to earn Corporate
founded in 1997. The Somerset system has over two           Accreditation through Cognia. As part of the Somerset
decades of experience and a proven track record of          accredited system, Somerset Academy will open as
operating, expanding, and replicating high-quality          a Cognia accredited program from inception and will
charter schools. The Somerset Network operates nearly       uphold the Somerset Academy vision of providing
60 charter schools serving more than 26,000 students        equitable, high-quality education for all students.
in grades K-12 throughout the state of Florida.
                                                            Somerset Academy, Inc. has identified a need for a K-12
Somerset schools have been recognized at national,          program within the community. The addition of a 2400
state and local levels. The network operates six            student station educational facility in this community
National Blue Ribbon Schools.                               will provide families a high-quality school choice option
2020 – Somerset Academy Miramar South & Somerset            for their children’s education. This school will also aid
Academy South Miami Middle, 2018 – Somerset                 to eliminate current and future overcrowding issues          Somerset Academy Bay Char ter School

                                                                                                                         M i a m i, F L
Academy Elementary Miramar, Top Performing Charter          within the community.
School in Florida 2019, 2017 – Somerset Academy
Davie, 2016 – Somerset Arts Conservatory, and 2011 –
Somerset Academy Davie.
Somerset Academy has experience offering a multitude
of programs and academies within their schools. These
include: dual language, STEAM (Science, Technology,
Engineering, Arts and Math), arts conservatory,
Cambridge, dual enrollment, business/entrepreneurial
academy, medical/health science academy, etc.

Somerset Academy will
1) provide opportunities for active involvement of
students, families, and communities;
2) provide a rigorous college-preparatory program with
an emphasis on student-centered instruction;
3) enhance classroom studies with technology and
robust extra-curricular programs;
4) provide a nurturing ‘family-like environment to foster
successful life-long learning.

Somerset Academy operates 55 charter schools in
Florida, nearly half of which were designated High              Somerset Academy Bay Char ter School                    Somerset Academy Bay Char ter School

                                                                M i a m i, F L                                          M i a m i, F L
Performing Charter Schools by the FL-DOE.

© 2021 R S P A R C H I T E C T S , LT D                                                                                                                         H E R O N B AY TO W N C E N T E R | 31
TOWN CENTER
SITE PLAN
OVERALL
TOWN CENTER
PHASING•
                                                                                                                                                                                                                                                                                                                            MERCHANDISING PLAN
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  KEY
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     § LIFE TIME

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     § GROCER/
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         DESIGNER STORE
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     § RETAIL SHOPS

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     § RESTAURANTS

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     § OFFICES

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HEART OF
TOWN CENTER
INSPIRATIONAL
IMAGES
VILLAGE GREEN
CIRCULATION & ACCESS
PLAN
WATERFRONT
DINING
FINANCIAL
PROPOSAL &
INFORMATION

   H E R O N B AY TO W N C E N T E R | 41
TERM SHEET
A single asset entity owned wholly by the Developer will purchase the property under the following
terms and conditions:
1.The Property shall consist of the entire 65 acres as described in the RFP

2.Purchase Price $30,000,000 paid in cash at Closing.

3.The title to the Property shall free and clear of any encumbrances except ad valorem real estate
taxes and the restrictions agreed to by the Purchaser with the Cities of Parkland and Coral Spring.
All easements shall be relocated by the Seller at the Seller’s expense to Seller’s property or moved
within the Property so as to not interfere with the Purchaser’s plan all in the Purchaser’s reasonable
discretion. In addition, the Cities of Parkland and Coral Springs, the governing Homeowners’
Association, and the Seller as a condition to Closing shall relinquished all claims and rights to the
Property as to maintaining the Property as a golf course, open space, or any other use not consistent
with the Purchaser’s plan.

4.Purchaser shall have an Approval Period of 360 days to work with the Cities of Parkland and Coral
Springs and the Homeowners’ Association on the zoning and the discretionary approvals necessary
to permit the Purchaser’s plan and eliminate the requirement that the Property be operated as a golf
course. The Approval period may be extended in two six-months periods if, through the Purchaser’s
diligent effort, Approvals are not secured.

5.Seller shall cooperate with the Purchasers applications for Approvals, permits, and the release of
restrictions.

6.Closing shall occur within 60 days of the Purchaser securing Approvals and the release of restrictions,
or, within 60 days of the Purchaser waiving all other conditions to Closing.

7.Purchaser has the option to close in phases as illustrated in the attached Phasing plan at the
following prices and schedule:

Initial Closing                                       $22,278,988.00
2nd Closing - Four years after Initial Closing        $5,252,918.20
3rd Closing - Two years after 2nd Closing             $2,468,093.80

8.“Standard Terms and Conditions” to be applicable only to the selected Developer that enters into a
purchase agreement with the District and not as binding on each and every Proposer, including us,
simply because we or they submit a proposal in response to the RFP. To be clear, by delivering this
proposal we are not agreeing to the indemnity identified above unless and until included in a final
binding purchase and sale agreement for the Property.
42 | H E R O N B AY TO W N C E N T E R                                 © 2 021 R S P A R C H I T E C T S , LT D
APPROVALS
   The Purchaser is a large real estate developer and operator funding projects primarily internally with
   equity from the principals and debt secured by lenders with a long history.
   The principals have signed off on this proposal and have authorized James Grindstaff and Bob Gorlow
   to submit it.

    CAPITALIZATION
   The Purchaser expects to fund the project with equity and debt at commercially available levels. Equity
   would be internal or from partners that may be added as some of the participants, such as the Charter
   School and Lifetime, are interested in investing and owning their own parcels.

    APPROVAL EXPERIENCE
   The team recently completed the approvals for the 7.2 million sf, $4 billion American Dream Miami
   entertainment/retail venue in Miami-Dade County, the future of entertainment and retail, and the
   200-acre Space Coast Town Center in West Melbourne, FL, the walkable community for the Space Coast
   employers and employees. (See experience)
   In addition, the team has completed approvals for an 850-home revolutionary design in Santa Fe,
   NM, with the centerpiece, a town center around a one-acre plaza, and the rezoning of the existing
   community along Martin Luther King Park in West Palm Beach.
   The Developer perceives that considerable effort, time, and money will be necessary to coordinate with
   the two Cities, Homeowners’ Association, the Seller, and possible the County, State, and certain Federal
   Agencies (Army Corp) in securing approvals for the project. In its applications, the Developer must
   respond to each entity and its legal staff : there is no central governing authority to grant approvals.
   Consequently, the approval process will be long and complex. The Developer is willing to take on this
   project with the knowledge that it has the considerable experience and skills, along with its team, to
   secure the approvals necessary.

© 2021 R S P A R C H I T E C T S , LT D                                      H E R O N B AY TO W N C E N T E R | 4 5
REVENUE ANALYSIS
ANNUAL LOCAL GOVERNMENT REVENUE ANALYSIS OF A PROPOSED
DEVELOPMENT IN PARKL AND AND CORAL SPRINGS, FLORIDA

OVERVIEW                                                                          EXPL ANATION OF REVENUE
This study is designed to forecast the annual revenues that will accrue to        SOURCES, CALCUL ATIONS &
the cities of Coral Springs and Parkland, Florida, as well as other taxing        ASSUMPTIONS
authorities under the proposed use. The study used the rates and fees             Property taxes, franchise fees,
that were in effect or proposed as of the date of the report.                      utility service taxes, and fire
                                                                                  assessments can be calculated with
STUDY CONCLUSION
                                                                                  a substantial degree of certainty.
The study concludes that the proposed development would provide an                Intergovernmental revenue increases
estimated $889,713 in annual revenue to the cities of Coral Springs and           as population increases, but the cities
Parkland once the project is fully complete.                                      do not directly control this revenue
Broward County would receive $595,699 annually in property tax                    source. The project does not add any
revenue.                                                                          population.

The School Board of Broward County would receive $679,037 annually in             The various revenue sources, their
property taxes.                                                                   impacts, and the major assumptions
All local governments levying taxes and fees against this proposed                used in determining the projection are
development would be expected to                                                  detailed in the following sections.
receive $2,379,485 annually.

SOURCES OF REVENUE                                                                PROPERT Y TA XES
The City of Parkland and the City of Coral Springs levy taxes, fees,              The proposed project will generate
assessments, and charges on several sources. The cities also receive more         $471,024 annually in property tax
intergovernmental revenue as its population increases. The proposed               revenues.
development will generate $889,713 annually from all revenue sources for          Property taxes are a function of the
both cities. Table A                                                              property’s taxable value and the
summarizes the annual revenue sources that would accrue to each city.             property tax rate levied by the cities.
Other units of local government also levy taxes and other fees on the             The property tax rates used in this
property. Table B details the                                                     report are $4.2979 per $1,000 of
revenues to all jurisdictions if the property were to be developed as             taxable value for Parkland and
proposed:                                                                         6.4535 per $1,000 of taxable value
                                                                                  for Coral Springs. These are the rates
                                                                                  that the cities have proposed to levy
                                                                                  for fiscal year 2022. The taxable value
                                                                                  is calculated from the assessed values
                                                                                  less exemptions on
                                                                                  each parcel. Both the assessed
                                                                                  values and any exemptions are
                                                                                  set or determined by the Broward
                              INTERGOVERNMENTAL REVENUE                           County Property Appraiser’s office.
                              The proposed project does not add any               The estimated taxable value for the
                              population to either city. Therefore, no            proposed development was
                              additional intergovernmental revenue will be        $105,080,000.
                              received.

FR ANCHISE & UTILIT Y TA XES                                                      FIRE ASSESSMENTS
The proposed project will generate $174,436 annually from franchise fees          Coral Springs levies a commercial
and utility service taxes. The cities levy a 5.9% franchise fee on electrical     fire assessment of $28.53/100
consumption. The cities also levy a utility service tax of 10% on electrical,     sq feet of structure. Parkland
water service, propane, and natural gas consumption. We based our                 levies a rate of $0.5911 per
estimates upon energy consumption and expenditure surveys conducted               square foot. The project will pay
by the U.S. Department of Energy, Energy Information Administration and           a total of $224,977 in annual fire
the project’s estimated square footage. The cities also collect a franchise       assessments.
fee on solid waste services.

    4 6 | H E R O N B AY TO W N C E N T E R                                     © 2 021 R S P A R C H I T E C T S , LT D
NORTH SPRINGS IMPROVEMENT DISTRICT

         APPENDIX D: AFFIDAVIT

                                NORTH SPRINGS IMPROVEMENT DISTRICT
                          REQUEST FOR PROPOSALS (RFP) NO.: 2021-042

                                         SINGLE EXECUTION AFFIDAVITS

THIS FORM COMBINES SEVERAL AFFIDAVIT STATEMENTS TO BE SWORN TO BY THE PROPOSER OR
BIDDER AND NOTARIZED BELOW. IN THE EVENT THE PROPOSER OR BIDDER CANNOT SWEAR TO ANY
OF THESE AFFIDAVIT STATEMENTS, THE PROPOSER OR BIDDER IS DEEMED TO BE NON-RESPONSIVE
AND IS NOT ELIGIBLE TO SUBMIT A PROPOSALIBID.

     THESE SINGLE EXECUTION AFFIDAVITS ARE STATEMENTS MADE ON BEHALF OF:

         Metro Intercontinental LLC                                Justin Ghermezian   Authorized Signatory

            NAME OF PROPOSING OR BIDDING                                 INDIVIDUAL’S NAME AND TITLE
                       ENTITY
         Applied For

             FEIN OF PROPOSING OR BIDDING
                        ENTITY

                           AMERICANS WITH DISABILITIES ACT COMPLIANCE AFFIDAVIT

  The above-named firm, corporation, or organization is in compliance with and agrees to continue to comply
  with, and assure that any subcontractor, or third-party contractor under this project complies with all
  applicable requirements of the laws listed below including, but not limited to, those provisions pertaining to
  employment, provision of programs and services, transportation, communications, access to facilities,
  renovations, and new construction.

     •      The American with Disabilities Act of 1990 (ADA), Pub. L. 101-336, 104 Stat 327, 42 USC
            1210112213 and 47 USC Sections 225 and 661 including Title I, Employment; Title II, Public
            Services; Title Ill, Public Accommodations and Services Operated by Private entities; Title IV,
            Telecommunications; and Title V, Miscellaneous Provisions.
     •      The Florida Americans with Disabilities Accessibility Implementation Act of 1993, Section 553.501-
            553.513, Florida Statutes:
     •      The Rehab,jNtion Act of 1973, 229 USC Section 794;
     •      The Fed      Transit Act, as amended 49 USC Section 1612;
     •        e Fai ousingActasamended42 USC Section360l-3631.

     Propo er Initials

    26 RFP #2021-042 Sale & Development of District Owned Property                      June 15, 2021
NORTH SPRINGS IMPROVEMENT DISTRICT

                                        PUBLIC ENTITY CRIMES AFFIDAVIT

I understand that a “public entity crime” as defined in Paragraph 287.133(1)(g), Florida Statutes, means a
violation of any state or federal law by a person with respect to and directly related to the transaction of
business with any public entity or with an agency or political subdivision of any other state or of the United
States, including but not limited to, any bid or contract for goods or services to be provided to any public
entity or an agency or political subdivision of any other state or of the United States and involving antitrust,
fraud, theft, bribery, collusion, racketeering, conspiracy, or material misrepresentations.

I understand that “convicted” or “conviction” as defined in Paragraph 287.133(1)(b), Florida Statutes, means
a finding of guilt or a conviction of a public entity crime, with or without an adjudication of guilt, in any federal
or state trial court of record relating to charges brought by indictment or information after July 1, 1989, as a
result of a jury verdict, non-jury trial, or entry of a plea of guilty or nob contendere.

I understand that an “affiliate” as defined in Paragraph 287.133(1)(a), Florida Statutes, means:

    1. A predecessor or successor of a person convicted of a public entity crime; or

    2. An entity under the control of any natural person who is active in the management of the entity
       and who has been convicted of a public entity crime. The term “affiliate” includes those officers,
       directors, executives, partners, shareholders, employees, members, and agents who are active
       in the management of an affiliate. The ownership by one person of shares constituting a controlling
       interest in another person, or a pooling of equipment or income among persons when not for fair
       market value under an arm’s length agreement, shall be a prima facie case that one person
       controls another person. A person who knowingly enters into a joint venture with a person who
       has been convicted of a public entity crime in Florida during the preceding 36 months shall be
       considered an affiliate.

I understand that a “person” as defined in Paragraph 287.133(1)(e), Florida Statutes, means any natural
person or entity organized under the laws of any state or of the United States with the legal power to enter
into a binding contract and which bids or applies to bid on contracts for the provision of goods or services
let by a public entity, or which otherwise transacts or applies to transact business with a public entity. The
term “person” includes those officers, directors, executives, and partners, shareholders, employees,
members, and agents who are active in the management of an entity.

Based on information and belief, the statement, which I have marked below, is true in relation to the entity
submitting this sworn statement.

  (INDICATE WHICH STATEMENT APPLIES)

    Neither the entity submitting this sworn statement, nor any of its officers, directors, executives, partners,
shareholders, employees, members, or agents who are active in the management of the entity, nor any
affiliate of the entity has been charged with ad convicted of a public entity crime subsequent to July 1, 1989.

   27 REP #2021-042 Sale & Development of District Owned Property                      June 15, 2021
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