The tower, which is connected to another building sharing the same parking garage, is located in the heart of the central business district close to the I-95. The main entrance is on the Avenue of the Americas. The city of Miami is known as the Gateway to the Americas and has a thriving cruise and cargo port. As a result, many national and multinational banks, law firms and financial institutions have made their home in this international commercial hotspot. Several Latin American companies have chosen to base their headquarters in Miami because of its closeness to Latin America markets. Miami is also a leading city for the media industry, with major newspapers and TV networks based here, as well as a growth center for biotechs.