Russell Galbut has been in in negotiations with the county and school district over land across from the Arsht Center, according to the Herald.
Galbut wants to gain entitlements for a project that could include condos, along with parking spaces for the Arsht Center. The school district’s 18,636 square-foot school property, located on the Northeast Second Avenue and Northeast 14th Street, is adjacent to a 49,610 square foot property owned by Galbut.
Within 30 days, the school district is expected to issue a solicitation for bids on the property, open to any bidder.
The School Board and County Commission will vote on a Memorandum of Understanding that would provide 600 parking spots for the Arsht Center in the new development on the property, while swapping another parcel of land elsewhere in the urban core for school district use.