The Miramar Towers are located in Avenida Balboa and Calle Federico Boyd, Panama City. The hotel and residential tower complex are currently the tallest buildings in Panama at 168 m (551 ft), with 55 floors. They will be enjoying this status for not too much longer, since new proposed and under construction projects are under way currently in Panama City, including structures ranging from 70 to 95 floors in height.
The Miramar Towers generated much controversy locally since their construction has made expansion of Balboa avenue impossible. Other environmental groups also protested the building's blocking of a previously uninterrupted view to the ocean from the steep Federico Boyd boulevard.