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Mercedes-Benz Places — Miami will be the first residential tower for the luxury car brand in the United States.

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Developers are offloading parcels for mixed-use, condo, townhome and multifamily projects, as some struggle to land equity investors or bank financing.

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The new development will include both market-rate and workforce housing apartments, along with parking facilities for residents and visitors.

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Unlike much of the redevelopment now enveloping Miami, the plan spearheaded by Coconut Grove-based developer Swerdlow Group is aimed squarely at low-income and middle-class Miamians who are now finding it increasingly unaffordable to live in the city, especially in the urban core.

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Renderings of the proposed project show the hotel and residence could be called La Mare.

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The historic Trinity Episcopal Cathedral that has stood on the property since 1923 will be preserved and enhanced.

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It only took about three months for the FAA to issue approval for the 76-story tower.

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A total of 1,995 residential units are planned between all five towers.

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The proposal includes three new towers where a 53-story tower is nearing completion, bringing the total to four on the property. Two of the three new towers are proposed to rise 68 stories each, with a shorter one at 25 stories.