"Noche Buena" literally means "good night", but is also the Spanish name for Christmas Eve. The name comes from Compañía Ladrillera de la Noche Buena, a brickworks from the 19th century that was located in the lands that now belong to the Parque Hundido and the Colonia Noche Buena.[2]
Colonia Noche Buena is mainly a residential neighborhood consisting of apartment buildings and houses that date back to the 1950s, though some of this buildings have been demolished and replaced by modern apartment buildings. The neighborhood has, also, a few small cafés and restaurants.
Similarly to adjacent Ciudad de los Deportes and Colonia Nápoles, Noche Buena's street nomenclature corresponds to cities and states of the United States, such as Baltimore, Florida, Carolina and Cleveland, to name a few.
A house that belonged to Octavio Paz is located in the neighborhood. Mexico City's government has planned to transform it into a public library and cultural space.[5]