Put up your dukes, developers: Paramount Miami Worldcenter gets boxing ring

Ring will be part of nine-acre sports complex

Apr.April 30, 2015 05:30 PM

Got a dispute with the Paramount Miami Worldcenter’s condo association? Lace up your gloves and step into the ring.

The pre-construction luxury tower is adding another feature to its long list of amenities: a boxing ring.

It will be part of the tower’s planned nine-acre sports complex on the ninth floor, which already includes an outdoor soccer field, two tennis courts, a pool and a running course. Inside, it will even have a “jam room” with music instruments and a recording studio.

Though the ring won’t be regulation size, Paramount Miami Worldcenter developer Dan Kodsi said that isn’t the point.

“It’s less about getting heavyweight fighters in there and more about it being for exercise,” Kodsi told The Real Deal.

He said with the rising popularity of sports like kickboxing, adding a boxing ring and punching bags to the building’s gym seemed like a perfect fit.

And with what some are calling the “fight of the century” between modern boxing legends Manny Pacquiao and Floyd Mayweather just a few days away, he said it was the perfect time to announce the ring.

The clash of titans, scheduled for Saturday, is worth an incredible $300 million. Mayweather and Pacquiao will split the purse 60/40, respectively. Even the referee is walking away $25,000 richer.

The $600 million Paramount Miami Worldcenter will rise 60 stories when completed in late 2018. It is part of the $1.06 billion Miami Worldcenter project, situated on 28 acres near downtown Miami.

The project hosted a party earlier this month as part of its sales gallery launch, where it hung the world’s largest disco ball — 20 feet in diameter — outdoors and hosted more than 1,000 real estate professionals.

Related Articles

Rendering of Legacy Hotel and Residences with Dan Kodsi and Peggy Olin

Developer Dan Kodsi plans hotel-condo tower at Miami Worldcenter

Moishe Mana and a map of the project

Mana Group reveals timeline for downtown Miami plans

Paramount Miami Worldcenter Skyport

South Florida by the numbers: New mobility and transportation

Old Post Office building, Biscayne Bay Brewing's Jose Mallea and Stambul USA's Daniel Peña (Credit: Google Maps)

Developers of historic downtown Miami Post Office building get OK to open multiple bars

150 West Flagler Street, Robert Morse, executive chairman of Bridge Investment (Credit: Google Maps and Getty Images)

Bridge Investment picks up downtown Miami’s Museum Tower for $65M

Ross Dress for Less

Ross Dress for Less signs lease at historic former Burdines building in downtown Miami

From left: Stambul’s Daniel Peña, Hotusa Group's Amancio López Seijas and Langford Hotel at 121 SE 1st Street (Credit: Google Maps and Hotusa)

Hotusa Hotels buys the redeveloped Langford for $37M

235 Southeast 1st Street, Mika Mattingly and Cecilia Estevez

Downtown Miami office building hits market, brokers expect sale price to top $30M