Miami Worldcenter Master Plan
Size: 27 acres
Cost: 💲2 Billion USD
Neighborhood: Park West
Miami Worldcenter
Most developments begin with a single building. Miami Worldcenter begins with 27 acres.
Miami World Center Master Plan | Courtesy of Developer
Planned for Downtown Miami's Park West neighborhood, Miami Worldcenter is expected to become the second-largest mixed-use urban development in the United States, behind only Hudson Yards in New York. Led by developers Arthur Falcone and Nitin Motwani, the project represents one of the largest land assemblages in Downtown Miami's history.
Over the years, dozens of parcels were assembled to make room for the development. What had long been a collection of surface parking lots, vacant parcels and low-rise commercial buildings is now planned as a new mixed-use neighborhood bringing together residential towers, hotels, retail, office space and public gathering areas.
One of the project's biggest advantages is its location. Miami Worldcenter sits between Downtown Miami and the Arts & Entertainment District, within walking distance of Museum Park, the AmericanAirlines Arena and the future All Aboard Florida station. It will also connect directly to Metromover and Metrorail, making it one of the most connected developments currently planned in South Florida.
Rather than centering around a single tower, the project is designed as a neighborhood where people can live, work, shop and stay within a few city blocks.
The Master Plan
300,000 square feet of retail
1,700 hotel rooms
500,000 square feet of convention and exhibition space
Several residential buildings form part of the master plan, including Luma, Caoba, 7th Street Apartments, and Paramount Miami Worldcenter, the development's signature condominium tower.
Like most projects of this scale, Miami Worldcenter will be completed in phases. Once finished, it will add new streets, storefronts, public spaces and residential buildings to a part of Downtown that, for years, was known more for its parking lots than its pedestrian activity.
Courtesy of Developer
Courtesy of Developer
Courtesy of Developer
Courtesy of Developer
Paramount Miami Worldcenter
Paramount Miami World Center | Courtesy of Developer
Architect: Elkus Manfredi Architects
Developer: PARAMOUNT Ventures
Construction: Coastal Tishman (a joint venture between Coastal Construction and AECOM Tishman)
Interior Design: ID & Design International
Residences: More than 500
Height: More than 700 feet
Planned Pricing
1 Bedroom + Den / 2 Bathrooms — Starting in the $700,000s
2 Bedrooms + Den / 3 Bathrooms — Starting in the $900,000s
3 Bedrooms + Den / 4 Bathrooms — Starting in the $1.5 million range
Paramount is designed as the centerpiece of Miami Worldcenter, rising above the retail district and overlooking Downtown Miami, Biscayne Bay and the surrounding neighborhoods.
The project includes an extensive list of amenities spread across several levels, including rooftop pools, tennis courts, a soccer field, spa facilities, fitness spaces, entertainment areas, children's play spaces and private elevators for each residence. At the time of its launch, it was also being marketed through the EB-5 Immigrant Investor Program for qualified investors.
Paramount Miami World Center | Courtesy of Developer
Paramount Miami World Center | Courtesy of Developer
EXPLORE
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THE SKYDECK & LOUNGE
Skyview Lounge
Sunrise Pool
Firepit
Infinity Pool
Sundeck
Tai Chi Deck
9TH FLOOR AMENITIES
Relaxation Areas: Conservatory - Relaxation Lounge - Outdoor Lounge with Seating and Gardens
Spa/Salon: Outdoor Bath Gardens - Steam Showers - Yoga Studio - Treatment Rooms - Hair/Nail Bar
Indoor Sports Center: State-of-the-art fitness center - Boxing Studio - Aerobics Area
Entertainment Center: Kids Play Room - Recreation Lounge - Jam Room Recording Studio
UPPER DECK
Resort Pool
Cabanas
Summer Kitchen with BBQ
Floating Seating Pods
Sunken Pods with Firepits
Children's Playground
Soccer Field
Tennis Courts
GROUND FLOOR
Expansive 1,900 sq. ft. double-height lobby
Porte Cochere with 24-hour valet
Residence Features
Private Elevators
1O Foot Ceilings
Outdoor Living Rooms
Large Entertainment Space
Designer Kitchens
Rain Showers
Spa Tubs
Laundry Room
Lock-out studio (in select units)
PARAMOUNT Residences Mobile App
Paramount Miami World Center | Courtesy of Developer
Paramount Miami World Center | Courtesy of Developer
Paramount Miami World Center | Courtesy of Developer
Paramount Miami World Center | Courtesy of Developer
Paramount Miami World Center's Sales center | photo by Nadia Bouzid
Paramount Miami World Center | Courtesy of Developer
Paramount Miami World Center | Courtesy of Developer
Paramount Miami World Center | Courtesy of Developer
Most Miami condo terminations don’t start with a vote. They start quietly, with developers tracking ownership, reserves, and land value long before owners realize their building is in play.