Miami Worldcenter moved to keep a pending construction permit alive yesterday by requesting it remain active.
The construction permit for a second Caoba tower (also known as Block G Phase 2) was extended after having no activity for months, city records show. Worldcenter representatives said that action was taken to prevent expiration.
An actual pull of the permit is pending financing, a note says.
Construction will include a 40-story tower with 411 apartments and 4,103 square feet of ground floor retail. New parking will not be built, as the tower shares a podium and garage with the first Caoba tower.
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.
Source: The Next Miami