The Finance and Economic Resiliency Committee recommended that several municipal lease proposals move to the full City Commission with favorable recommendations.

Committee members supported an early renewal for a nine-year-plus lease for the city parcel in front of Call Me Gabby (Sobey Toscana LLC), noting the parcel produces approximately $70,000 in annual revenue with 3% annual escalations and limited alternative public uses. Ozzy Dominguez, division director of Asset Management, told the committee the recommended terms mirror free-market arrangements and that the tenant seeks co-terminus timing with its private lease across the street. The committee voted to return the item to the commission with a favorable recommendation.

The committee also heard two linked items with Crown Castle Fiber LLC: a rooftop lease on the Anchor Shops and Garage (managed by the Miami Beach Redevelopment Agency) and an early renewal of the convention-center distributed-antenna-system (DAS) facility use agreement. Asset Management reported the rooftop arrangement would increase annual revenue for the city at the Anchor location from about $68,000 to approximately $85,000 with 3% escalations and a one-time $25,000 payment upon execution; both agreements were proposed to take effect Nov. 1, 2025 and run 9 years, 364 days. The committee voted to forward those items to the full commission with a favorable recommendation.

Separately the committee recommended forwarding a proposed lease with the Miami-Dade County Tax Collector for roughly 3,955 square feet of ground-floor retail at the Anchor Shops and Garage (100 16th Street, Units 1–5). Commissioner Fernandez introduced the county tax-collector item and praised the office for bringing services such as tag renewals and driver’s-license support closer to Miami Beach residents. Asset Management said the tenant will perform a full buildout, the lease is triple-net at market rent, and the city will offer a 10-month abatement (after commencement) in lieu of a tenant improvement allowance.

The committee framed these approvals as routine asset-management actions intended to maintain or increase city revenue while preserving access to services and neighborhood amenities. All four lease items were referred to the full City Commission with favorable recommendations.