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The project will include up to 2,346 rental apartments, ground floor retail, amenities, and parking for about 2,078 cars.

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A $170,000 study upon which to base the plan won unanimous Transportation Planning Organization approval with aims far broader than the most recent plan for the area, which was drawn in 2003 in vastly different times for a vastly different downtown.

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The project changing nearly a full block hugged by West Flagler and Northwest First streets is composed of three buildings.

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The 442,000-square-foot, unnamed property will be located at 1015 SW 1st Ave. and feature high-end amenities and 2,000 square feet of ground-floor retail space.

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The Greater Miami Chamber of Commerce annual members meeting featured a presentation on smart cities and advance air mobility (AAM), an emerging field of transportation that uses electric vertical takeoff and landing (eVTOL) aircraft to transport passengers. The technology offers a more sustainable and efficient alternative to traditional air travel and could serve as a solution to traffic congestion in urban areas like Miami.