How’s this for a different kind of luxury condominium amenity to appeal to Latin American buyers? An outdoor soccer field.
Daniel Kodsi, developer of Paramount Miami Worldcenter, unveiled plans to The Real Deal for his 60-story project, which will include a soccer field, along with tennis courts, pools and a running course, all part of an outdoor sports complex on the condo tower’s ninth floor recreation deck. Twelve Balinese-style, two-story villas surrounded by pools and other water features will also occupy the same floor.
Inside on the ninth floor, residents can work out in a fitness center or boxing studio or rock out in a “jam room,” complete with drums, guitars, a piano and a recording studio.
And on the roof of the curved building, Kodsi and interior designers IDDI have designed a multi-story cruiseship-like resort amenity, to include an indoor lounge with 180-degree views. Above it will be an outdoor pool area with a yoga deck and firepit.
“The main goal of our design is unique features,” said Kodsi, seated at a table at Venture Hive in Miami, the site of Paramount Miami Worldcenter’s upcoming sales center, which is now under construction. Designed by IDDI to look like a luxury retail store at a cost of $2 million, the two-story, high-tech sales center at 1010 Northeast Second Avenue will feature a wall-sized video display screen with digital animation. It is scheduled to open in late February.
Paramount Miami Worldcenter’s architects are Boston-based Elkus Manfredi, the firm that designed the retail portion of the Time Warner building in New York.
The tower, which will rise atop the Miami Worldcenter mall, launched sales in late November. To date, the project, which is being marketed by OneWorld Properties, has garnered reservations for more than 10 percent of its 472 condo units. That’s due in part to marketing trips to Brazil. Other trips — to Mexico, Colombia and China — are planned for the near future, with an eye toward Latin American and other foreign buyers in addition to domestic prospects, Kodsi said. Reservations will still need to be turned into contracts, and eventually closed sales, at the $400 million development that is slated to be completed in the summer of 2018.
Daniel Kodsi
Kodsi, who developed Paramount Bay on Biscayne Boulevard and 20th Street in Miami, is also in the midst of construction on Paramount Fort Lauderdale Beach. Previously, he built other condos and multi-family and single-family communities throughout Florida, after getting his start working construction on his father’s residential projects during summers, beginning at age 10.
“We look at these as homes, and we’ve done custom homes, so we understand how people live in homes,” said Kodsi, who now lives in Boca Raton.
Paramount Miami Worldcenter, developed in partnership with Miami Worldcenter’s developers Nitin Motwani and Arthur Falcone, is Kodsi’s largest project to date. The $1.06-billion Miami Worldcenter, on 28 acres near downtown Miami, recently won up to $88 million in multi-year tax-rebates.
The tower’s residences will all have private elevator, third-floor access to the mall, which will be anchored by Bloomingdale’s and Macy’s. Among other condo features: private elevators that open directly into residences, 10-foot high ceilings, outdoor living rooms, laundry rooms and convertible dens. Units range from one-bedroom plus den with two bathrooms to three-bedrooms plus den and four bathrooms. Prices for the units, which range from 1,300 square feet to 2,300 square feet, start at $700,000 and go up to $1.5 million. Penthouses and villas will be priced up to $5 million.
“This is the once-in-a-lifetime opportunity,” Kodsi said, “to have a building in the center of the city with all these special amenities and advantages that can never be recreated.”