Russell Galbut wants to build an apartment building across from the Arsht Center.
The developer is in talks to combine land that he owns with School Board land so that he can build the project, according to the Herald.
In addition to apartments, the project could include retail space, parking for the Arsht Center, and up to 120,000 square feet of office space that would become a new headquarters building for the School Board.
Records show that the land where the project is proposed is owned by PAC Center Garage, LLC , which lists Andrew Mirmelli as the manager. The 49,610-square-foot property was acquired from Africa Israel in 2009 for $2 million.