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Need a Quick Inspection of a 58-Story Tower? Send a Drone
Posted on: 2018-08-14 02:41:35Such peril is magnified in the construction of skyscrapers, said John Murphy Jr., a contractor on the Paramount Miami Worldcenter, a 58-story condominium tower being built in downtown Miami. Before drones, Mr. Murphy said, workers seeking access to the exterior of a high-rise were “dropped over the side” in so-called swing stages, small platforms that hang from cables. Often used by window cleaners, swing stages are precarious in high winds. ... “We’re definitely limiting the exposure to workers,” said Mr. Murphy, who on a recent afternoon was at the Paramount site to supervise a drone inspection of window glazing on the tower. The drone’s camera was looking for possible leaks, water intrusion and “other things that you can’t see from the interior of the building.”
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Downtown’s Paramount Miami Worldcenter tops out at 700 feet
Posted on: 2018-08-09 02:29:57Rising at 900 NE 1st Avenue, the newly topped-off skyscraper will become the signature residential tower of the sprawling 27-acre Miami Worldcenter mixed-use development. It represents the largest construction site in Miami history and the nation’s second-biggest mixed-use project, behind only Hudson Yards in New York. The complex will include a “high-street” retail corridor as well as new Class A office space.
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Explore Miami's Most Over-the-Top Amenities
Posted on: 2018-08-08 03:00:54If travel by sea doesn’t interest you, how about by air? Paramount Miami Worldcenter developer Dan Kodsi is preparing for the future of urban aviation—flying cars—by modifying the rooftop design of the tower to accommodate a 5,000-square-foot Skyport atop the new 60-story Miami building.
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Paramount Miami Worldcenter tops off
Posted on: 2018-08-06 18:15:08OneWorld Properties is handling sales of the luxury condo tower, which will feature an amenity deck with a soccer field, tennis courts, and a resort-style pool. Prices start at about $750 per square foot, or about $885,000. Sales so far total more than $400 million, according to a release.
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PARAMOUNT Miami Worldcenter Celebrates Banner Moment as Tower Tops Off
Posted on: 2018-08-03 17:53:26To celebrate a banner moment in the construction of PARAMOUNT Miami Worldcenter – and flag the building’s unwavering international sales – developers and construction crews soared 50 flags from around the world atop the Miami Skyline as they salute the more than 550 construction workers of the monumental tower.
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Yotel Affordable Luxury Condos Coming To Downtown Miami
Posted on: 2018-07-31 13:53:24Located on 2nd Street, YotelPad Miami will be the brand’s first residential offering on the East Coast, courtesy of Aria Development Group and joint venture partner Aqarat (the USA’s first YotelPad is located in Park City, Utah). Its prime downtown location is near Museum Park, Port Miami, Miami-Dade College, and the new Brightline train which connects Miami, Ft. Lauderdale and Palm Beach.
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It's not just bars. From art museums to fundraisers, Miami has World Cup fever
Posted on: 2018-07-10 18:46:19Last month, Kodsi held a Special Olympics fundraiser at the site of his massive $2.7 billion downtown mixed-use development, Paramount Miami Worldcenter. The menu featured food from many of the participating nations — Moscow Mules, Peruvian ceviche, French macaroons. Pro soccer players mixed with over 250 — real estate brokers and clients trying to score penalty kicks on an AstroTurf field.
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New renderings preview downtown Miami's YotelPad hotel and condo development
Posted on: 2018-07-10 13:44:54Here, the Stantec-designed project calls for 250 “Yotel cabins” (compact hotel rooms) topped by 215 fully-furnished residential “pads.” These studio, one-, and two-bedroom condominium-style homes start around $300,000 and feature floorplans ranging between 417 and 708 square feet in size.
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Renderings revealed: Beckham’s Miami Freedom Park, YotelPad & more
Posted on: 2018-07-09 13:30:22YotelPad Miami in downtown Miami just released renderings. Aria Development is working with the Kuwaiti real estate company AQARAT to build the 31-story tower planned for 227 Northeast Second Street.
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Hotel Brand Brings Residential Offering to the East Coast
Posted on: 2018-07-04 13:39:20After gaining a reputation for its affordable and chic collection of hotels across the United States, the YOTEL brand is extending its values to the residential market. The YOTELPAD brand is a new residential offering under the YOTEL umbrella, and its first East Coast location will soon be making waves in Downtown Miami.
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Edge of Luxury
Posted on: 2018-07-01 02:56:40There is no shortage of new condo development on Fort Lauderdale’s barrier island, the location of such major projects as Auberge Beach Residences & Spa, Four Seasons Private Residences, Gale Boutique Hotel & Residences and Paramount Fort Lauderdale – which have a combined total of 485 condo units.
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Real estate pros hope World Cup frenzy will boost sales
Posted on: 2018-06-22 18:36:51Brokers at Paramount Miami Worldcenter’s sales center are watching the games on a massive 760-square-foot video display screen. “It’s a good way to bring people to work early,” said Daniel Kodsi, developer of Paramount Miami Worldcenter. Soccer and its international following played a large part in the design of the project, he said. The 60-story tower, part of the massive Miami Worldcenter project near downtown Miami, is the only condominium with its own soccer field, according to a spokesperson. It will be built on the building’s 9th floor amenity deck. The soccer field “was a huge promotion for sales,” Kodsi said, adding that professional soccer players have bought units at the project because of it. “Everyone loves soccer. It’s a very popular sport around the world and we cater to an international audience.” A spokesperson confirmed that at least six professional soccer players have bought units in the tower, including players in the Turkish, Colombian and Cameroon national teams. Kodsi said only about 12 percent of its buyer pool is from the United States. The project is more than 70 percent sold with $400 million in sales. The day before the World Cup, Paramount Miami WorldCenter hosted a kick-off event with more than 150 brokers.
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Inside Miami’s newest crop of condo towers
Posted on: 2018-06-21 19:07:17Aria Development, for example, is working with Kuwait real estate company AQARAT to build YotelPad Miami, a 31-story tower planned for 227 Northeast Second Street in downtown Miami. Aria developer David Arditi joked that his firm likes to be different. “Perhaps we’re a little contrarian in terms of market timing,” he said. But with YotelPad, Arditi and AQARAT are targeting a much lower price point than many developers sitting on unsold inventory, Arditi pointed out. The building, a $150 million development, will have 208 condos and 250 Yotel “cabins,” or small hotel rooms. Sales launched about two months ago, with prices starting in the $300,000s, Arditi said. Condos range in size from about 417 square feet to 708 square feet. “We saw an opportunity in the market that we felt was not being adequately addressed for branded residential product,” Arditi said.
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Airbnb-style rentals are a growing cash cow for developers and owners
Posted on: 2018-06-18 21:26:48David Arditi, founding principal of Aria Development Group, developer of the YotelPad project, said his high-rise’s home-sharing option is an outgrowth of Miami’s diversity. “We acknowledged that, especially in downtown Miami, a large part of the ownership universe is not local,” he said. “It resides out-of-state and overseas. Absentee owners use their home several months over the years, and the ability to offer the buyer universe a flexible rental option is ideal. We know people want it. We know people like it. We said, ‘Why not be proactive about it?’” “In our case, owners will have the ability to have their home professionally managed and administered through a program through Yotel or agents or services like Airbnb,” he said.
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Furnished hotel apartments let you avoid pesky fees
Posted on: 2018-06-14 18:58:03... micro-hotel company Yotel announced plans for “YotelPads” in two cities this year — one in Park City, Utah, and the other in Miami, Fla. Both have units for sale from $275,000 and the $300,000s, respectively. In Miami, the homes will span from 417-square-foot studios to 708-square-foot two-bedrooms, with features including views of the city’s downtown and dedicated storage units.
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