Paramount Holds Groundbreaking Ceremony; ZOM To Break Ground On Worldcenter Tower Soon

Paramount Miami Worldcenter is now officially under construction.

A groundbreaking ceremony was held this morning, although construction has been under way for 90 days. Worldcenter’s Nitin Motwani said that the delay was because “we wanted to make sure we were moving in the right direction.”

The project has over $250 million in “secured sales,” or 45% of units. Buyers come from 34 countries.

Motwani also announced that apartment developer ZOM will break ground on a rental tower at Worldcenter within a few months.