Paramount Development
11–50 employees 1 principals
Last updated
About Paramount Development
Paramount Development is a real estate operator. Paramount Development operates in Washington DC. Its investment focus is on Affordable Housing, Condominiums and Hospitality.
Paramount Development LLC has operated in Washington, D.C. since November 2007. Founded and led by Benjamin M. Soto, Esq., the firm has built a portfolio of luxury hotels, residential buildings and commercial mixed‑use projects. Soto has over 20 years of real estate experience, investing locally since 1998. The company has developed major projects including the $1.9 billion Wharf (The Waterfront) redevelopment spanning 27 acres and more than 50 acres of riverfront land. That project includes 140,000 sq ft of retail, a 135,000 sq ft entertainment venue, three hotels, 650 apartments and 225 condominiums. Other developments include the 10‑story Hyatt Place Hotel completed in December 2015, featuring 214 rooms plus a fire station in one building.
Principals at Paramount Development
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