The Paramount Building at 900 McMIllan Street was purchased by the WHRF in October 2015. The iconic building was originally developed by the Wurlitzer family and housed office, retail and a theater which operated for three decades before it closed in the 1960s and was replaced by a pharmacy. For decades the remaining building has sat vacant at the intersection of McMillan and Gilbert.
The Paramount building is one part of a larger development effort called Paramount Square. The total project consists of six historic buildings and four non-historic buildings. We are working with The Model Group to redevelop the historic properties into market-rate apartments, commercial/retail space and office space. When complete, the project will include 22 apartment units 24,000 square feet of retail, and 12,000 square feet of office space.