The project began drilling pilings at the end of last year. As of today, all piles have been installed. Next, the site is geared to have the mat foundation, over 12,000 cubic yards of concrete, poured in October before the project goes vertical by year end.

Paramount is part of the $1.7 billion Miami Worldcenter mixed-use development which is aiming toward an end-year 2018 completion date.