Renderings of two proposed South of Fifth condo towers have been revealed by Fort Capital and obtained by the Herald.
The proposal is being designed by Pritzker Prize-winning architect Richard Meier.
A complex of retail and restaurant space would be built at the base of the 410-foot towers, surrounded by a public park.
The developer is willing to pay the city $100 million for the air rights needed to build the towers, with the funds going towards building a streetcar. The developer would also pay for improvements to the South Pointe Elementary school across the street, and fund traffic calming on Alton Road.
Fort needs to win public support in a referendum for the air rights, along with city approval for an FAR increase. The developer is hoping to have the issue placed on the November ballot.