Former Los Angeles Dodgers owner Frank McCourt is partnering with Tibor Hollo's Florida East Coast Realty to develop Villa Magna, according to The Real Deal.
Villa Magna sits on 2.5 acres of waterfront land in Brickell that is currently being used as a parking lot.
The site can be developed for two 60 plus story condominiums at 1.8 million square feet. Early renderings of the project can be seen at The Next Miami.