Updated: (The original version of this story said that Apeiron at The Jockey Club would be only 40 stories high. In fact, it will be 45 stories high. 

Apeiron at The Jockey Club, a planned 45 story luxury tower has just been given an important go ahead, paving the way for the long awaited development to be built.

According to Curbed Miami, the Biscayne Shores Community Council voted 5-0 to approve the project.

While coming in at an impressive 45 stories, it will include 120 residences, a 90-room boutique hotel, a five-acre health and wellness facility, a deep-water marina, and several upgrades to the preexisting Jockey Club site according to Curbed Miami.

The official address for the site is 11111 Biscayne Boulevard.

It is being designed by the Pritzker Prize-winning architect Rafael Moneo.

Apeiron at the Jockey Club is Moneo’s first South Florida project.

It will still need additional approvals before construction can begin.

Sales are expected to open in 2018.

According to The Real Deal Miami, the project has been bogged down in litigation over the past few years because of disagreements over whether the developers of Apeiron at the Jockey Club had the right to build on the land.

The Jockey Club currently consists of three buildings built between 1971 and 1982.

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