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PB26-0838

1 OCEAN DRIVE

CONCESSION AGREEMENT

The following summaries were generated by AI from the official documents linked below. They may contain errors. Please refer to the original documents for authoritative information.

Proposal

The City of Miami Beach is seeking Planning Board review of an Amended and Restated Concession Agreement with Boucher Brothers Pier Park, LLC for the management and operation of a high-end beach establishment at the City-owned property located at 1 Ocean Drive and its adjacent beachfront concession area. The agreement arises from a settlement of multiple lawsuits between the parties and establishes a new framework for a $50 million redevelopment of the site into a multi-use beach establishment. The concession includes an initial 10-year term with options to extend up to 18 years total, with annual minimum guaranteed fees starting at $4 million.

Staff Recommendation
APPROVAL

Compliance Findings:

✗ Comprehensive Plan: Inconsistent ✗ Land Development Regulations: Compliant
Key Issues
  • Comprehensive Plan consistency is only partial pending a Future Land Use Map amendment from Recreation Open Space (ROS) to Public Facilities (PF)
  • Multiple lawsuits between the City, Boucher Brothers Pier Park LLC, and Penrod Brothers Inc. necessitated the amended and restated agreement
  • Concessionaire is required to invest a minimum of $50 million in project improvements
  • Settlement payment of $3 million to Penrod Brothers Inc. to be paid by Concessionaire, with a $1.5 million credit offset from the City
  • Demolition of existing structures on the Concession Area is required as part of the Project Approvals process
  • Traffic impacts to be analyzed in greater detail during Design Review and Building Permit processes
  • Design Review Board approval required for aesthetic and compatibility considerations
  • Term of up to 18 years triggers Planning Board review requirement under City Charter Section 1.03(B)(3)
  • Public access must be maintained to certain portions of the Concession Area despite exclusive rights granted to Concessionaire
Property Details
Applicant Boucher Brothers Pier Park, LLC
Meeting

Tuesday, July 7, 2026

09:00 AM

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