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UrbanX intends to establish a network of commuter flights in the county that are expected to have a range of up to 60 miles.

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“Depending on how much they’re willing to implement, they could save between 5 and 20 percent” of their energy bill, said Ramin Moghaddass, an associate professor of industrial and systems engineering at UM and the director of the Industrial Assessment Center.

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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.

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The tower will become one of the tallest in Miami, at 861 feet above ground. It will also be the world’s the first residential high-rise in the world partially powered by the sun with 500 photovoltaic-integrated windows.

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There is evidence that electric vehicles and EV charging stations are significantly impacting real estate in terms of property values, spurring higher rental and resale values.

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The project is currently the largest privately owned solar project in Florida and is capable of offsetting approximately 80% of the facilities electricity consumption.

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The area is among the most sensitive, long seen as a key link to restoring the Everglades and fending off sea rise.

Construction is expected to begin as soon as city approvals and permits are obtained, with delivery one year later.

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The electric vehicles running in the tunnels are anticipated to be electric seven person vehicles, or potentially electric twelve person passenger vans.