Royal Caribbean International announced Tuesday that it has entered into an agreement with Miami-Dade County to build a massive new terminal at PortMiami terminal set to open in late 2018. The agreement will come before the Miami-Dade County Board of County Commissioners on July 6, 2016.

The new terminal will be capable handling the line’s largest Oasis-class ships, the largest cruise ships in the world. According to Royal Caribbean, architectural firm Broadway Malyan has been selected to design the new terminal. This follows a global competition between five of the world’s leading architectural firms. The firm was selected because of their creative thinking and cutting-edge design.

The 170,000-square-foot terminal is nicknamed the ‘Crown of Miami’ because of its distinctive shape. Royal Caribbean notes that the “design evokes the points of the symbolic headgear when viewed from the water; the ‘M’ of Miami when viewed from the east or western approaches; and a sense of waves rising or ships passing when viewed from the terminal side. At night, the terminal’s facade will be lit ensuring that the building makes a striking impression and providing a dynamic addition to the PortMiami landscape.”

The new terminal will not be the only addition for Royal Caribbean at PortMiami. The company has committed to add a 20,000-square-foot “Innovation Lab” at its headquarters facilities located on PortMiami. The Innovation Lab will continue to generate Royal Caribbean’s industry-leading, innovative vessels. The company is expecting to spend about $20 million for design and construction of the new facility.

Currently, Miami serves just 750,000 Royal Caribbean passengers annually. However, with the arrival of the new terminal, the cruise line anticipates that at least 1.8 million passengers will be sailing Royal Caribbean from Miami annually.