Following votes of approval from both Miami councilors and members of the public, the city is set to host a new 304 m (1000 ft) high observation tower. According to the developers, SkyRise Miami will be the tallest tower in Florida when completed, and will host attractions and amusements which include bungee jumping, a cinema, and a free-fall ride.

The tower will be located in downtown Miami and is estimated to cost US$430 million. Construction is due to begin later this year and completed by mid-2017.