After the votes on Tuesday, voters have approved the go ahead for SkyRise Miami on the edge of Bayside Marketplace.

As part of the votes, developer Jeff Berkowitz must pay the city of Miami $10 million as part of the long term lease agreement. 

SkyRise Miami will have an observation deck, restaurants, ballroom, nightclub and a sky plunge ride and drop.

Construction is expected to be completed by 2018.