The Phase Induced Amplitude Apodization Complex Mask Coronagraph (PIAACMC) is an architecture for directly observing extra-solar planets, and can achieve performance near the theoretical limits for any direct-detection instrument. The PIAACMC architecture includes aspheric PIAA optics, and a complex phase-shifting focal plane mask that provides a pi phase shift to a portion of the on-axis starlight. The phase-shifted starlight is forced to interfere destructively with the un-shifted starlight, causing the starlight to be eliminated, and allowing a region for high-contrast imaging near the star. The PIAACMC architecture can be designed for segmented and obscured apertures, so it is particularly well suited for ground-based observing with the next generation of large telescopes. There will be unique scientific opportunities for directly observing Earth-like planets around nearby low-mass stars. We will discuss design strategies for adapting PIAACMC for the next generation of large ground-based telescopes, and present progress on the development of the focal plane mask technology. We also present simulations of wave-front control with PIAACMC, and suggest directions to apply the coronagraph architecture to future telescopes.