ASRR Capital is asking the city of Miami to vacate several alleys to allow for a twin tower project.
The land is in an Opportunity Zone.
ASRR’s Alex Sapir told the Wall Street Journal that he is planning a twin tower project with 1.4 million square feet. He previously said it could include up to 1,400 units.
Miami’s Planning, Zoning and Appeals Board is scheduled to vote on the alley vacation June 5.
(photo: phillip pessar)