Fort Capital Unveils Plans For Richard Meier Condo Towers In South Of Fifth

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.

 

 

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Jesus
5 years ago

If the developer is willing to pay $100 million towards the streetcar, go for it. This makes sense considering the city has trouble paying for the streetcar or that it would take a while to get the funds. Combine that with the increase in real estate, economic development, people living there buying goods and services around the city, the taxes the city will collect on the buildings, and this makes absolutely great sense. The city should just allow this to get built with or without the ballot passing. Also, the city should allow more development like this where the developer will pay money to get the streetcar or something necessary built. But then again, who knows what really is driving these corrupt politicians.

Anonymous
5 years ago

$100 million is far too little for the air rights.

DAREC
5 years ago

Really? How many sf of air rights are they getting?

Anonymous
5 years ago

Was expecting something really cool given the prominence of the sight, until I saw Meier was the arch… Much to be desired.

Anonymous
5 years ago

He designed an interesting looking building inTel Aviv-Meier on Rothschild-
Believe it used a movable sunshade system to reduce heat impact in a climate similar to so florida
saw the video at meier.co.il

Yet Another Anonymous
5 years ago

$100 million for streetcar sounds like it could be more value than a 30,000 transit hub which being only husband maybe light rail is pretty light duty.

marc
5 years ago

It’d be a perfect location for the first Baylink station on the beach.

Stavros Mitchelides
5 years ago

By far my favorite architect on earth. This is incredible!!

Anonymous
5 years ago

BAD IDEA… Traffic is horrible already in that hood. None of these comment are from people who LIVE in Sofi!!

Anonymous
5 years ago

Oh put a cork in it. If we didn’t build anything because of concerns over traffic nothing would ever get built in this city. Get used to it. It’s city life…