It’s safe to assume a new residential tower will offer luxury units when it celebrates the grand opening of its sales gallery. And without a doubt, The Paramount in the River Oaks area is expected to debut as a lavish new housing building when its opens to the public.
For now it’s accepting offers starting at $1 million for its 50 units, which can be previewed at an interactive 4,500-square-foot sales center on the ground floor near the intersection of Westheimer and Weslayan.
On Wednesday the planned 25-story luxury condominium project began pre-selling units, each a modern space with designer appliances, savvy tech features and city panoramas. Some of its amenities will include an indoor pool, onsite private storage, valet parking, high ceilings and residence customization.
Residences will range from 1,800 square feet to a 6,500-square-foot penthouse, all designed by Powers Brown Architecture.
Its founder, esteemed Houston developer Randall Davis, said this will be a highlight of his portfolio.
“With The Paramount, we are redefining sky-high expectations,” Davis said in a prepared statement. “Houston is full of unique buildings, but this 25-story luxury condo tower in the River Oaks neighborhood near the Galleria area is sure to be the epicenter of luxury and style with unparalleled views of the city, starlit skies above, and blankets of 100-year-old oak trees in every direction. We couldn’t be happier with the design concept and aesthetic.”
It’s certainly setting the tone for “the epicenter of luxury”: While some new-housing incentives are sometimes a complimentary month or exempt deposits, The Paramount is offering the first 10 homebuyers a $100,000 discount, as well as a $50,000 budget for custom upgrades.
Construction will break ground once sales are underway.
By Darla Guillen Gilthorpe