Paramount Fort Lauderdale Breaks Ground With Half Of Units Sold

Paramount Fort Lauderdale Beach is now under construction.

According to the Sun Sentinel, more than half of the 95 units have been sold. Unit prices start at $1.2 million, and the developers are only requiring 30 percent deposits.

The 18-story condo tower is replacing the Howard Johnson hotel at 701 N. Atlantic Blvd. Art Falcone, Nitin Motwani and Daniel Kodsi, who are also planning a larger Paramount project at Miami Worldcenter, are the developers.