The first building in the 27-acre Miami Worldcenter project has opened as the Caoba apartments is welcoming its new residents.
The $4 billion project is transforming the north side of downtown Miami, bringing economic activity and pedestrian traffic to the area. Falcone Group and CIM Group, along with master developer Miami Worldcenter Associates, have completed the 444-unit Caoba, which means mahogany in Spanish, as the tree in what will soon become a dense forest of development.