March 12, 2014
The Paramount Fort Lauderdale Beach continues to attract national and international attention. The Paramount, which is replacing a hotel once popular with spring breakers, is the first new luxury oceanfront development set to rise in Fort Lauderdale since the housing crash.
Developers Art Falcone and Nitin Motwani are taking advantage of the resurgence of the Fort Lauderdale real estate market. So far, the Paramount Fort Lauderdale Beach is attracting affluent buyers seeking a more laid-back lifestyle than nearby Miami offers. The oceanfront development consists of 95 luxury condos starting at 1 million dollars. Paramount condos will feature private elevators, open kitchens, bedroom suites and soaring 10-foot ceilings.
Paramount groundbreaking will take place in the third quarter of this year, and building completion is scheduled for 2016. Currently, 20 percent of the building is already reserved.
To secure your new Paramount residence, contact Niki Higgins at +1-888-242-4422 or +1-954-817-2500 today!
Source: Wall Street Journal
