Miami Worldcenter Signature Tower To Break Ground In March; Reservations Soon

More information about the upcoming Paramount Miami condo project have been released. The project is also known as The Miami Worldcenter Signature Tower.

The condos are being positioned as a luxury product, with features that include ten-foot ceilings and private elevators.

Reservations for the 466 units are expected to begin later this month, with conversion into contract by the end of the year. A 10% down payment will be required at reservation, with an additional 20% at contract.

Developers are planning to break ground on the 749-foot tower in March 2015, with a 30-month construction schedule. Buyers will need to put another 10% down at groundbreaking, and the final 10% deposit wil lbe due at top off.