FOR IMMEDIATE RELEASE: CONTACT: Sissy DeMaria Caroline Underwood Kreps DeMaria P: 305.663.3543 sdemaria@krepspr.com cunderwood@krepspr.com PARAMOUNT MIAMI WORLDCENTER KICKS UP AMENITY STAKES WITH SOCCER FIELD Luxury residential tower one of the first in the U.S to feature a pitch MIAMI (Jan. 23, 2015) – PARAMOUNT Miami Worldcenter will feature one of America’s first outdoor soccer fields in a high-rise residential development. With soccer being the world’s most popular sport, PARAMOUNT’s unique amenity is set to kick a game-winning goal with buyers around the globe. The pitch will be built to indoor regulation size and will be located within a two-acre sports complex on the ninth floor of the 60-story tower. “The world’s number one sport is coming to PARAMOUNT Miami Worldcenter,” said developer Daniel Kodsi. “We are including amenities for families who wish to live in the core of downtown Miami but also want plenty of open green space to play. PARAMOUNT has already attracted buyers from around the world and will not only boast luxurious living with world-class amenities, it will be nestled in the heart of what is set to be the very best new shopping, entertainment and dining district.” In addition to the soccer field, the outdoor sports complex has been designed to feature tennis courts, a running course, yoga deck and basketball court. Inside, residents can feel the burn in the state-of-the art fitness center or boxing studio. Those with a musical flare can hit a high note at the tower’s “jam room,” fully equipped with drums, guitars, a piano and recording studio. And after rocking out or working up a sweat, peace and tranquility can be found in the private outdoor bath houses, relaxing by one of the serene pools or taking in the city’s splendor via 180-degree views from the IDDI-designed indoor lounge on the very top floor. Residences of PARAMOUNT Miami Worldcenter are exclusively marketed and brokered by leading international real estate and marketing firm OneWorld Properties -- led by President and CEO Peggy Olin Fucci. “An amenity like the soccer field really catapults PARAMOUNT Miami Worldcenter into a league of its own,” Fucci said. “The Miami lifestyle is conducive to enjoying time outdoors, and PARAMOUNT takes that into consideration with its line-up of fantastic amenities as well as large, breezy terraces. We have already received tremendous feedback from South American, European and Asian buyers.” Designed by architect Elkus Manfredi and a team of Miami-based designers, PARAMOUNT Miami Worldcenter will be the crowning jewel of the 30-acre Miami Worldcenter mixed-use development. The first and only residential tower currently for sale within the expansive site will be just an elevator ride away from the vibrant blend of retail, restaurants, office space, lush parks, galleries and nightlife planned for the cosmopolitan project. Macy’s and Bloomingdale’s will anchor the retail component. Located directly across from Biscayne Bay and flanked by cultural landmarks, such as the American Airlines Arena, Adrienne Arsht Center and the Pérez Art Museum Miami, PARAMOUNT Miami Worldcenter will be within walking distance of the new pedestrian 7th Street Promenade which will be home to premier restaurants and outdoor cafes. Comprising 473 city and bay-view residences, PARAMOUNT Miami Worldcenter was created with end users in-mind. The expansive residences will range in size from 1,300 to 2,300 square feet, with prices averaging $700 per square foot. The project is scheduled to break ground in the second quarter of 2015 with occupancy slated for the third quarter of 2018. 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 an industry veteran with more than 25 years of experience developing a diversified real estate portfolio of more than $1.1 billion in mixed use, multi-family, condominium and singlefamily home developments. Having built 25 separate development projects and over 3,000 units in Florida, 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. Phase One of construction is set to begin early 2015. Learn more at www.miamiworldcenter.com.