It’s either a piece of genuine futuristic planning — or an audacious marketing move.
Flying cars are still years away, but residents may eventually be able to fly them home to the $600 million Paramount Miami Worldcenter, a 540-unit condominium building. The 60-story residential tower in downtown Miami has a private skyport, which it says is designed in anticipation for flying cars, or vertical takeoff and landing vehicles.
The Paramount Miami Worldcenter sky deck is only being configured for future Vertical Take-Off & Landing Vehicles , which will weigh less than current helicopters, according to spokesperson Bryan Glazer. It’s either a piece of futuristic planning, or an audacious marketing move. The apartments are not cheap: Condo prices range from $750,000 for a one bedroom to over $10 million for a penthouse. Flying cars are being developed by big name companies like Airbus EADSY, -2.59% Boeing BA, -3.87% and Germany’s Volocopter. Some estimates say the industry will be worth $615 billion by 2040.
The hope is that the vehicles, which are expected to travel 230 miles per hour, will be more environmentally friendly than helicopters. Research published in the journal “Nature,” said electric flying cars could end up reducing emissions and traffic congestion. Operators need valid drivers and flying licenses to legally cruise. PAL-V says it offers 10 hours worth of training for flying courses with the purchase of a vehicle .
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