Related Group’s plan to shut down Northeast 31st Street to build two 55-story condominium towers Paraiso Bay in Miami is legal under the city zoning code, according to an attorney for the developer.
The Miami 21 zoning code says any thoroughfare that provides View Corridor cannot be vacated. Attorney Iris Escarra told exMiami that Related’s plan to keep 150 feet behind the parking podium open to the public would technically comply with the code.
The city-owned land is estimated at $3 million, which Related has not offered to buy. Related does own the deed for the new streets needed to access the condo buildings, located 600 Northeast 31st Street.
The Planning, Zoning and Appeals board is set to review the plan next week, followed by the City Commission. [exMiami] — Mark Maurer