The luxury condominium, which features the most amenities in the world, achieved victory in the high-profile global competition
PARAMOUNT Miami Worldcenter, one of the most international properties on the planet with residents from more than 57 countries, has won the coveted USA & Americas Property Awards in the 2020 - 2021 International Property Awards competition.
Developed under the leadership of Dan Kodsi and Miami Worldcenter Associates, and created by award-winning architecture firm Elkus Manfredi in conjunction with PARAMOUNT Ventures’ in-house design team – PARAMOUNT secured victory in the “Residential High-Rise Development – Florida” category.
Completed in 2019, PARAMOUNT – soaring 60 stories and commandeering the Miami skyline– is the most amenitized and most talked about building in the country. Located in the heart of Miami’s newly-vibrant Downtown, the project is part of the second-largest mixed-use urban development in America and a center-point of the Magic City’s commercial, cultural and culinary reinvention.
A world-renowned mark of excellence, the International Property Awards celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry – from architecture and development to interior design. The awards are split into regions covering Arabia, Europe, Africa, Canada, Central & South America, the Caribbean, USA, UK and Asia Pacific. Participants enter at their relevant national level and are judged by a highly experienced team of over 80 industry experts who cover the whole range of property disciplines. Judging focuses on design, quality, service, innovation, originality, and commitment to sustainability. The USA & Americas Property Awards are considered to be the largest, most prestigious, and widely recognized program in the region.
“We’re thrilled to be recognized with this tremendous honor. PARAMOUNT Miami Worldcenter is a true passion project, a literal labor of love, and is unlike any other project I’ve worked on previously. We set out to create a truly one-of-a-kind and once-in-a-generation urban landmark and seeing this project come to fruition is a crowning achievement,” said Dan Kodsi, developer of PARAMOUNT Miami Worldcenter.“We knew that we had created a new paradigm by giving buyers more than they had asked for or thought possible with the most amenities in the world, and it’s extremely rewarding to see the resounding response with buyers from literally across the globe. Nowhere in the world will residents have such a concentrated volume of amenities, public transportation options and landmark entertainment venues directly within a few blocks of their doorsteps. This is a tower that simply can’t be replicated.”
PARAMOUNT’s development team will be presented with their award in an online virtual ceremony on November 10th.The top winners in each region will automatically be entered in to the overall international awards, culminating in announcements of the International and World’s Best winners at the end of the process.
As highlighted by this latest prestigious victory, PARAMOUNT Miami Worldcenter excels in the over-the-top. The tower is known for having the most amenities in the world and also offers a service-rich lifestyle. The building employs a full-time lifestyle concierge management team that live in-house, and service residents’ every request – with no request too big or too small.
PARAMOUNT is 92 percent sold with nearly a half billion dollars in sales of their 500+ city- and bay-view residences. Tower residences range in size from 1,180 to 2,350 square feet, with prices starting at $750 per square foot. A limited selection of penthouses and villas remain.
PARAMOUNT has made international headlines with its Upper Deck. It is the largest amenity deck in the U.S., spanning four acres, positioned 90 feet above downtown Miami. It features an extraordinary array of action-packed luxury amenities that include the country’s first outdoor soccer field to be featured in a high-rise residential development; two tennis courts; multiple resort-style pools; lush parks and spa baths, among others.
Located in the heart of Miami’s downtown at the crossroads of culture, entertainment, art and fine dining, residents enjoy an unparalleled location just an elevator ride away from Miami’s waterfront and most-celebrated cultural and entertainment landmarks such as the Adrienne Arsht Center, Pérez Art Museum Miami, Phillip and Patricia Frost Museum of Science, and the American Airlines Arena. Also within close proximity to the 27-acre Miami Worldcenter is the planned Marriott Marquis Miami Worldcenter Hotel and Expo and Virgin Trains USA Miami Central Station.
For additional information about PARAMOUNT Miami Worldcenter, call (855) 756-0123, see www.PARAMOUNTmiami.com or visit the sales center at 1010 NE 2nd Ave., Miami, FL 33132.
About PARAMOUNT Miami Worldcenter’s Development Team:
Daniel Kodsi is a real estate industry veteran with nearly 30 years of experience developing a diversified portfolio of mixed-use, multi-family, condominium and planned single-family developments. With $2.5 billion in completed projects, he brings a proven track record of identifying underserved market opportunities, executing complex large-scale projects, and generating value for private and institutional investors. With 27 separate development projects completed and underway and more than 6,000 units successfully developed or repositioned, he is consistently credited for defining new neighborhoods with award-winning projects.
Miami Worldcenter Associates, led by Principals Art Falcone and Nitin Motwani, serves as the master developer for the mixed-use Miami Worldcenter project. With more than 35 years of experience, Falcone has been involved in purchasing, financing, developing and managing a wide range of real estate product types. Falcone serves as CEO of Encore Housing Opportunity Fund, which has raised more than $1 billion in equity, and is director of Rescore REIT, which has approximately $3 billion in development. Falcone also serves as CEO and Chairman of the Falcone Group, a vertically integrated real estate organization whose subsidiaries have developed billions of dollars of real estate across the country.
Motwani serves as Managing Director of Encore Housing Opportunity Fund, which currently has over $1 billion of planned investments in Florida, California, Texas, and Arizona. He previously served as President of Merrimac Ventures and as an equity derivatives trader at Goldman Sachs in New York.
In 2011, Miami Worldcenter Associates partnered with CIM Group, a Los Angeles-based real estate investment company that makes equity and debt investments in urban communities throughout North America.
About Miami Worldcenter:
Occupying nearly 30 acres in the heart of downtown Miami, Miami Worldcenter is one of the largest private real estate developments underway in the United States. The ten-block project will include world-class retail, hospitality and residential uses in the center of Miami’s urban core. All told, the project is expected to account for $2 billion in new investment within downtown Miami. Learn more at www.miamiworldcenter.com.
