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Art Falcone

Worldcenter’s Seventh Street Apartments Goes Vertical With $89M Construction Loan

December 27, 2016·11 Comments
Santander Bank and Fifth Third Bank have issued an $89 million for the first tower at Miami Worldcenter’s Seventh Street...

Worldcenter To Break Ground On 450-Unit Apartment Tower By June

May 3, 2016·12 Comments
Construction will begin by next month on a 450-unit apartment tower at Worldcenter’s Block G. A second, 413-unit tower is also...

Worldcenter Developer Buys Property From Forbes At A Discount

February 9, 2016·9 Comments
An affiliate of mall developer The Forbes Company sold a property to an entity controlled by Worldcenter’s master developer at a...

Worldcenter Developer Planning 330-Unit Project At Former Ion Edgewater Site

February 3, 2016·4 Comments
An affiliate of Art Falcone’s Encore Housing Fund is the developer behind plans for a project at the former Ion East Edgewater site...

At Paramount Miami Worldcenter, Reservations Are Now Being Converted Into Contracts

July 6, 2015·2 Comments
Paramount Miami Worldcenter is beginning the process of converting reservations into contracts, according to broker Michael Light:   “Dear [Buyer’s...

City Within A City: Miami Worldcenter To Eventually Have Almost 8,000 Residential Units, Documents Say

April 28, 2015
Miami Worldcenter finalized an agreement last week with Dade’s Water and Sewer Department that will bring enough utility capacity to the...

Broker Says 25% Of Units At Paramount Miami Worldcenter Have Been Reserved

April 20, 2015·13 Comments
Agents marketing Paramount Miami Worldcenter say that they are making progress in selling pre-construction units. As of last week, 25...

FAA Approves 700-Foot Height For Paramount Miami Worldcenter

January 8, 2015·33 Comments
Paramount Miami Worldcenter now has Federal Aviation Administration approval to start construction. The FAA approved the 55-story Paramount to be built up to a...

Paramount Fort Lauderdale Breaks Ground With Half Of Units Sold

December 16, 2014
Paramount Fort Lauderdale Beach is now under construction. According to the Sun Sentinel, more than half of the 95 units...

Worldcenter’s Motwani Admits: We Won’t Be Building The Project

September 29, 2014·15 Comments
The current owners of Miami Worldcenter don’t intend to actually build the project themselves. Instead, they have been moving through the approval...

Art Falcone Investment Firm Has Stake In Ion At East Edgewater

July 28, 2014
Art Falcone, one of the principals who assembled the Miami Worldcenter land, also has a stake in Ion at East...
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