FAA Filings Advance 695-Foot Miami World Towers Expansion in Downtown Miami

• FAA filings were submitted for a proposed 695-foot tower at Miami Worldcenter in Downtown Miami.
• Lalezarian Properties is planning the tower as part of the next phase of Miami World Towers.
• The project could add more than 700 residential units to Miami’s rapidly growing urban core.

What the FAA Filings Reveal

A new supertall residential tower could soon rise in Downtown Miami as FAA filings move forward for a proposed 695-foot development at 20 NE 8th Street within Miami Worldcenter. The filings were submitted by MWT X LLC, an affiliate of New York-based developer Lalezarian Properties, and appear tied to Phase 2B of the larger Miami World Towers development. Designed by Nichols Architects, the proposed structure is currently under aeronautical review by the Federal Aviation Administration.

Miami World Towers Renderings

What the Tower Could Include

The proposed development appears to align closely with a separate City of Miami permit application filed earlier this year.

Current plans call for:

• A 65-story multifamily tower
• Approximately 705 residential units
• A 13-level parking podium
• Roughly 393,000 square feet of construction
• An estimated project cost of $220 million

The tower would rise on Block E within Miami Worldcenter, bounded by NE 8th Street, North Miami Avenue, and NE 1st Avenue.

Additional Tower Renderings

Plans for the remaining phases of Miami World Towers could ultimately bring roughly 2,000 additional residential units to the site.

Why Miami Worldcenter Keeps Expanding

Miami Worldcenter has become one of the largest urban redevelopment projects in the United States, transforming multiple blocks of Downtown Miami into a dense mixed-use district filled with residential towers, retail, hospitality, and entertainment space. The completed first phase of Miami World Towers has already introduced more than 550 residential units to the market, with future phases expected to significantly increase density across the district. The latest filings also reinforce how developers continue aggressively pursuing multifamily development in Miami despite elevated construction costs and financing pressures.

What the Project Signals for Downtown Miami

The proposed tower reflects the continued demand for high-density residential development in Downtown Miami as the city attracts new residents, investors, and institutional capital from across the country. Developers continue betting heavily on Miami’s long-term population growth, luxury rental demand, and global appeal as one of the country’s fastest-growing urban markets. For Miami Worldcenter, the next phases further solidify the district’s emergence as one of South Florida’s dominant live-work-play destinations.