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So what is the paramount?

Sambone

By Sambone
in Orlando

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Jaybee Hamlet

Jaybee

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Out in Thornton Park this afternoon, saw all the flyers everywhere. It looks like the Thronton Park Central Project, with the publix. The design is sort of "art deco" inspired at this point. Almost took the flyer down at the restaurant I was at.

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firemick Hamlet

firemick

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So now that know what the paramount is, does anyone know what the big event this weekend is?

<{POST_SNAPBACK}>

This weekend is a normal Lake Eola community event that will feature both good food and some live music. Per Zom they probably will have an informational booth there regarding Paramount at Lake Eola.

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PERIDOT Unincorporated Area

PERIDOT

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Actually, it's a "Thornton Park" event and not Lake Eola. It's not food (that would compete against the restaurants) and such like you would see at one of the park gatherings, but is instead put on by The Thornton Park Merchants Association...intending to draw people out for a weekend of shopping at the shops and boutiques in Thornton Park, as well as to visit the restaurants that are located there too. It covers the shops located on Washington...around to those on Summerlin.

This is their 4th year to host this event. It's basically a street fair where the vendors/businesses in Thornton Park pull together and offer giveaways and specials, having entertainment on hand for those in attendance...live music, a strolling magician, greyhound adoptions, face painting clowns, etc.

The Paramount's placement on the posters and flyers means that they are simply a main sponsor and have partnered with the Merchants Association and the other co-sponsors (noted on the same posters and flyers) for this year's event. THEY WILL NOT have an information table set up...no one will. It's not that type of an event.

I live in the Thornton Park area and have volunteered at one of my friend's shops to work this event in the past and will be doing so this year too. It's fun and ends up being a neighborhood gathering of sorts...an excuse to get outside and enjoy this great springtime weather.

I have a copy of the flyer to share, but I'm having problems posting it to this site.

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UPSDAN Hamlet

UPSDAN

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Copy of ad reads...

It's more than nearby. It's more than a serene view. It's your backyard. On Lake Eola. Upstairs from a specialized urban market. And around the corner from your office downtown. The ultimate place, the ideal pace. Nothing brings you closer.

REGISTER AND PLACE YOUR NAME ON OUR PRIORITY LIST NOW.

RESIDENCES STARTING FROM LOW $200S TO OVER $1 MILLION.

TheParamountOnLakeEola.com

Orlando_Sentinel-Paramount_1_-367x503.jpg

Paramount-480x239.png

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PERIDOT Unincorporated Area

PERIDOT

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Zom to join 2nd condo project

The builder of The Waverly that soars above Lake Eola will also work on the 16-story Paramount.

By Jack Snyder | Sentinel Staff Writer

Posted April 19, 2005

Zom Inc., the company that built the curvy and successful The Waverly apartment tower overlooking Lake Eola, has taken control of The Paramount, a condo tower that will feature a full-service grocery store for downtown Orlando residents.

Construction on the 16-story tower -- just east of The Waverly -- will start late this year with completion targeted over the next two years, said Greg West, Zom Florida Inc. development vice president.

RMC Property Group of Tampa began planning what was envisioned as primarily a retail development for the property at 400 E. Central Blvd.

"But as plans evolved, it became primarily residential -- our expertise," West said.

Now Zom is the majority partner along with RMC Property Group and N-K Ventures of West Palm Beach.

The tower will have 305 condominiums ranging in price from just more than $200,000 to more than $1 million.

From the city's viewpoint, the jewel of the development will be a 30,000-square-foot full-service grocery store operated by Publix. The city has long sought a grocery store to service the city center's growing population and provided Publix with $1 million in incentives to open the store.

West said the project also would include 10,000 square feet of office space.

The developers have been running a few teaser advertisements in recent weeks, touting The Paramount as a new condo project overlooking Lake Eola, but with no specific details. Those ads drew nearly 600 people who signed up to be contacted by salespeople.

Zom built the 22-story Waverly, on Lake Eola, in 2001 as a luxury rental apartment. The building has an unusual curved wall design that stands out on the city skyline. In 2003, Zom converted the tower to condominiums and sold the apartments.

The Paramount is to feature floor-to-ceiling windows to capture views of Lake Eola and the city skyline. The building will have a 15,000-square-foot pool and deck area.

The Paramount will have something for the money crowd to consider: A 4,000-square-foot penthouse with a price tag expected to be above $1 million.

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PERIDOT Unincorporated Area

PERIDOT

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LATEST NEWS

Orlando Business Journal - 2:52 PM EDT Tuesday

Zom unveils Paramount on Lake Eola mixed-use project

Zom Realty Services Inc. of Orlando, along with venture partner N-K Ventures of West Palm Beach, unveiled plans for a 16-story, mixed-use project on the south side of downtown Orlando's Lake Eola.

The art deco-themed Paramount on Lake Eola will feature 306 luxury residences and eight pool deck villas. In addition, it will feature 45,000 square feet of retail space, including a specialized gourmet market and 10,000 square feet of office space.

The project marks the Orlando-based company's second high-rise condominium development project. Zom has developed seven other Orlando projects, including The Waverly on Lake Eola.

Designed by Looney Ricks Kiss Architects, it will feature floor-to-ceiling glass windows, radius walls and island kitchens in each residence, as well as a 15,000-square-foot pool deck.

The one-, two- and three-bedroom units are priced from the low $200s to more than $1 million. The residential component also will include a 24-hour doorman, concierge, clubroom, workout facilities and more.

Zom expects to break ground at the end of 2005. It will take about two years to complete the project.

Zom is handling the sales and marketing of the condominium units, and Tampa-headquartered RMC Property Group is managing the commercial leasing.

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