Miami World Tower 1 Receives Initial TCO, Marking Milestone for Miami Worldcenter Development
Miami World Tower 1 has reached a significant milestone, officially receiving its initial Temporary Certificate of Occupancy (TCO) from Coastal Construction. This TCO, identified as TCO #1, signals that the 56-story residential tower has met the preliminary standards to begin occupancy, paving the way for residents to soon move into one of Miami’s newest luxury developments.
Rising 56 stories above the vibrant Miami skyline, Miami World Tower 1 brings a blend of luxury living and lifestyle amenities to the Miami Worldcenter. The tower includes 565 apartment units, providing high-end residences with sweeping views and sophisticated design. Alongside residential offerings, the building features a 3,000-square-foot full-service restaurant and provides 401 parking spaces, offering convenience for residents and visitors alike.
Construction at the Miami World Tower site kicked off in late 2021, with the first crane installation in April 2022. By June 2022, the foundation was poured, and the tower’s skeleton began to rise, marking steady progress through the development timeline. The receipt of the initial TCO is the latest accomplishment, signifying that essential building systems are operational and meet safety standards required to welcome occupants.
Behind this ambitious project is developer Lalezarian, who has long-term plans for the Miami World Tower site. In addition to Tower 1, Lalezarian has filed plans to develop three additional towers, potentially adding 2,043 multifamily residential units to the area. This multi-tower vision aligns with the larger objectives of the Miami Worldcenter development, which aims to transform downtown Miami into a dynamic, mixed-use destination featuring residential, commercial, and entertainment spaces.
Miami World Tower 1 is just one component of the expansive Miami Worldcenter project, a master-planned development reshaping the city’s urban core. This transformative project aims to create a walkable, pedestrian-friendly environment enriched by art, culture, and green spaces. The additional towers proposed by Lalezarian will only further contribute to the vibrancy and allure of Miami Worldcenter, supporting its role as a landmark destination in downtown Miami.
With its initial TCO in hand, Miami World Tower 1 stands ready to welcome its first residents. This achievement underscores the commitment of Coastal Construction and Lalezarian to bringing a vision of modern, urban living to life in the heart of Miami. As Miami Worldcenter continues to grow, the addition of Miami World Tower 1 sets the stage for an exciting chapter in the city’s skyline and urban lifestyle.
