I would personally recommend shooting ProRes4444 for this situation. While you probably don’t need ArriRaw, the Alexa can go to 4444 on board so why shoot less quality? The space requirement isn’t that great and it will playback realtime off any drive. If you need Alexa’s slomo, just go down to HQ for those shots. FCP and Premiere Pro can both edit any of the ProRes formats just fine and in realtime.
Cheers,
-AG