This building was named after its mentor, Mrs. Corina Kavanagh, who entrusted the construction to the study Sanchez-Lagos-De la Torre. The result was the highest building in Buenos Aires and the reinforced concrete structure of greatest height in Latin America.
Built in the shape of steps, stripped from ornamentation, it was deemed an icon of the rationalist architecture, as part of a prevailing style in Buenos Aires during the 30s when the projects corresponded to the influence of the great skyscrapers from New York.
Conceived as a rental building, it has 30 floors, plus the 31st floor that is an observatory, more than 100 residences of great luxury and dimensions (distributed in six wings) ; the 10 commercial premises on the ground floor have always belonged to great names bonded to the power structure of Argentina.
It was revolutionary in its services, with central air conditioning, central telephone and a cold storage chamber to keep carpets and fur coats, among other uncommon comforts and ahead of its time.
The building received many awards, and was declared National Historic Monument and takes pride in belonging, since 1999, to the World-wide Heritage of the Modern Architecture, by decision of UNESCO.