Miami Worldcenter, the 27-acre, $4 billion mixed-use development in downtown Miami, has just received its first completed tower: Caoba. Caoba, which is the Spanish word for mahogany, is a 43-story apartment building that offers 444 rental units located just one block from Miami Central’s new transportation hub.
The tower’s apartments range from studios to three-bedroom units and measure between 500 and 1,300 sf. Units feature 9-foot ceilings, in-unit washers and dryers, and private balconies. Building amenities include a 10th floor resort-style pool deck that overlooks downtown Miami, a rooftop fitness center, a club room with a fully-equipped kitchen, and an outdoor dog-walking lawn.
Courtesy Miami Worldcenter.
See Also: Disused British airfield to become an automotive museum
Caoba also features over 20,000 sf of street-level retail space that creates an east-west pedestrian promenade linking Miami Central with Miami Worldcenter’s “High Street” retail component and public plaza to the east.
Caoba was co-developed by CIM Group and Falcone Group.
Related Stories
Mixed-Use | Apr 22, 2022
San Francisco replaces a waterfront parking lot with a new neighborhood
A parking lot on San Francisco’s waterfront is transforming into Mission Rock—a new neighborhood featuring rental units, offices, parks, open spaces, retail, and parking.
Multifamily Housing | Apr 20, 2022
A Frankfurt tower gives residents greenery-framed views
In Frankfurt, Germany, the 27-floor EDEN tower boasts an exterior “living wall system”: 186,000 plants that cover about 20 percent of the building’s facade.
Multifamily Housing | Apr 20, 2022
Prism Capital Partners' Avenue & Green luxury/affordable rental complex is 96% leased
The 232-unit rental property, in Woodbridge, N.J., has surpassed the 96 percent mark in leases.
Senior Living Design | Apr 19, 2022
Affordable housing for L.A. veterans and low-income seniors built on former parking lot site
The Howard and Irene Levine Senior Community, designed by KFA Architecture for Mercy Housing of California, provides badly needed housing for Los Angeles veterans and low-income seniors
Market Data | Apr 14, 2022
FMI 2022 construction spending forecast: 7% growth despite economic turmoil
Growth will be offset by inflation, supply chain snarls, a shortage of workers, project delays, and economic turmoil caused by international events such as the Russia-Ukraine war.
Wood | Apr 13, 2022
Mass timber: Multifamily’s next big building system
Mass timber construction experts offer advice on how to use prefabricated wood systems to help you reach for the heights with your next apartment or condominium project.
Codes and Standards | Apr 13, 2022
LEED multifamily properties fetch higher rents and sales premiums
LEED-certified multifamily properties consistently receive higher rents than non-certified rental complexes, according to a Cushman & Wakefield study of two decades of data on Class A multifamily assets with 50 units or more.
Multifamily Housing | Apr 7, 2022
Ken Soble Tower becomes world’s largest residential Passive House retrofit
The project team for the 18-story high-rise for seniors slashed the building’s greenhouse gas emissions by 94 percent and its heating energy demand by 91 percent.
Multifamily Housing | Apr 5, 2022
New Covenant House New York contains multiple services for youth in crisis
The new Covenant House New York, a crisis shelter for homeless youth in the Hell’s Kitchen neighborhood, provides a temporary home and multiple services for young people.
