Miami Worldcenter to Add 60-Story Condominium Tower

By Keith Loria, Contributing Editor

Miami Worldcenter will soon be adding Paramount Worldcenter, a 60-story condominium that will sit above retail giants Macy’s and Bloomingdale’s in Miami’s noteworthy mixed-use complex.

“Nowhere in the world offers a location like Paramount Miami Worldcenter. Residents will be just an elevator ride away from a multitude of vibrant shops, restaurants, cultural and entertainment attractions,” Daniel Kodsi, RPC Holdings’ principal & CEO, who is handling development duties on the condo project, told Commercial Property Executive. “Our focus in designing the Paramount Miami Worldcenter residences has always been with the end-user in mind. We want to cultivate a luxury living experience where our residents have access to the world’s premier amenities in an urban pedestrian-friendly environment.”

The 706-foot high-rise will consist of 466 city- and bay- view residences, and be adorned with a large amenity deck, cascading gardens and infinity pools and crowned with a sleek four-story rooftop deck, designed to mirror the architectural accents of an Italian yacht.

As the signature tower of Miami Worldcenter, Paramount’s location will offer unparalleled access to professional sporting events, concerts, ballets, museum tours and more—all within a short walkable radius.

The property is just steps from Biscayne Bay and flanked by cultural landmarks, such as the American Airlines Arena, Adrienne Arsht Center and the Pérez Art Museum Miami. It will be within walking distance of the new Marriott Marquis World Convention Center Hotel and All Aboard Florida’s Grand Central Station, and just minutes from Miami International Airport and the beaches.

“Downtown Miami has long been overdue for a transformative project of this magnitude. A recent cover story by Departures magazine named Miami, ‘America’s City of the Future,’ and we couldn’t agree more,” Kodsi added. “Paramount’s transcendent architecture and comprehensive mix of premier amenities will offer a complete and diversified package for luxury living in the heart of a true global city that will have all major cities in the world looking to Miami as the new trendsetter in downtown urban revitalization.”

The project is scheduled to break ground in the first quarter of 2015 with occupancy slated for the third quarter of 2018.