Watch construction reach halfway at Paramount Fort Lauderdale Beach: VIDEO

Miami /
Jun.June 24, 2016 09:45 AM

Video by TRD’s Ali Gardiner

Construction is halfway done at Paramount Fort Lauderdale Beach, which just hit its ninth floor.

Paramount, which broke ground at the end of 2014, aims to top off in October and open next spring. More than 18,000 cubic yards of cement have been poured for the 18-story tower so far, according to a spokesperson.

Eighty percent of the oceanfront building has been sold for more than $150 million, developer Dan Kodsi previously told The Real Deal. OneWorld Properties is marketing both Paramount Fort Lauderdale Beach and Miami Worldcenter condos.

The 2-acre development site at 701 North Atlantic Boulevard previously housed a Howard Johnson Hotel.

Two penthouses were reserved earlier this year for more than $4.5 million. The two-story penthouses are located on the 18-story Paramount’s top floors. Each has about 3,062 square feet of interior living space on the 18th floor, along with a rooftop section with 708 square feet of air conditioned space.

LM Restaurants will open a Mediterranean restaurant on the ground floor of the building. Remaining units range from 1,910 to 3,474 square feet starting at $1.2 million.


Related Articles

arrow_forward_ios
Publix CEO Todd Jones and a rendering of the project

Publix in Fort Lauderdale Beach moves forward

Publix in Fort Lauderdale Beach moves forward
Nick Bosa and a rendering of 30 Thirty North Ocean (Credit: Getty Images)

NFL player buys Fort Lauderdale Beach condo

NFL player buys Fort Lauderdale Beach condo
Pierre Heafey, Heafey Group CEO and the Conrad Hotel (Credit: Booking)

Owner of troubled Fort Lauderdale hotel scores $63M refi

Owner of troubled Fort Lauderdale hotel scores $63M refi
New owners of embattled Fort Lauderdale hotel score $52M loan

New owners of embattled Fort Lauderdale hotel score $52M loan

New owners of embattled Fort Lauderdale hotel score $52M loan
Related Companies scores $140M refi for W Fort Lauderdale

Related Companies scores $140M refi for W Fort Lauderdale

Related Companies scores $140M refi for W Fort Lauderdale
Developer Dan Deitchman buys oceanfront lot in Fort Lauderdale Beach

Developer Dan Deitchman buys oceanfront lot in Fort Lauderdale Beach

Developer Dan Deitchman buys oceanfront lot in Fort Lauderdale Beach
Retail roundup: Trésor to open at Merrick Manor, The Gym bulks up in Fort Lauderdale Beach & more

Retail roundup: Trésor to open at Merrick Manor, The Gym bulks up in Fort Lauderdale Beach & more

Retail roundup: Trésor to open at Merrick Manor, The Gym bulks up in Fort Lauderdale Beach & more
Son of Salmar Properties founder buys penthouse at Auberge Beach

Son of Salmar Properties founder buys penthouse at Auberge Beach

Son of Salmar Properties founder buys penthouse at Auberge Beach
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...