A construction permit to build a second apartment tower at the Caoba block of Miami Worldcenter was activated yesterday.
Building department records show that the permit was activated on September 1.
The permit appears to have already been fully approved by the Building Department in 2018. Only the Planning Department remains to sign off on the plans before construction can begin.
It was reactivated twice since then in 2019 and 2020, so the new activation could be just a request to make sure the permit doesn’t entirely lapse. We’ve reached out to Worldcenter for a comment.
The permit will allow for construction of a 40-story tower with 411 apartments and 4,103 square feet of ground floor retail.
The new tower will not include any new parking or pool deck, as the tower shares a podium and garage with the first Caoba tower.
Previous plans filed with the Planning Department showed the new tower will rise 413 feet. By comparison, the existing 43-story Caoba tower is 442 feet.
Cohen Freedman Encinosa is the architect, as with the first tower.
Coastal Tishman is listed as the contractor. Total construction value is listed at $83 million.
On the same block, developer Lalezarian is preparing to build the first Miami World Tower with 557 apartments. It is proposed to rise 53 stories, or 579 feet.
A pedestrian promenade lined with an office and retail complex will separate the Miami World Tower site from Caoba.