Verzasca Group closed on the purchase of the former City Hall restaurant site at 2000 Biscayne last week for $13 million.
Manager and former hockey player Darius Kasparaitis signed a memorandum on behalf of Verzasca stating that the buyer is planning a high-rise condominium project. Verzasaca will turn over an unspecified number of units in the condo tower to the seller of the site once they are completed.
Verzasca has previously said that they plan the “tallest building in Edgewater” designed by a “world-renowned architect” with 450 units on the site. They have already received FAA approval for a 649-foot tower.