Ten Percent Of Units At Paramount Miami Worldcenter Reserved In Two Months

Buyers have put down deposits to buy just over ten percent of units at Paramount Miami Worldcenter, the developer told TRD yesterday.

Reservations on the project’s 472 units began in November, with prices starting at $533 per square foot. A 2-story, $2 million sales center is now under construction at 1010 Northeast Second Avenue and will open in February.

Developers Daniel Kodsi, Art Falcone and Nitin Motwani plan to begin construction on the 699-foot tower later this year, with completion scheduled for summer 2018.