Naftali Group’s JEM Private Residences Breaks Ground

Miami's skyline is about to welcome a new icon: JEM Private Residences. The Naftali Group, renowned for its commitment to quality and innovation, has officially broken ground on this ambitious project, setting a record pace for South Florida's real estate development scene.

Located at 1016 Northeast 2nd Avenue in the vibrant Miami Worldcenter, JEM Private Residences is more than just a condominium complex—it's a testament to modern luxury living. Rising over 700 feet with 67 stories, this architectural marvel is set to reshape the city's skyline. Designed by the acclaimed Miami-based firm Arquitectonica and the esteemed New York City-based Rockwell Group, every aspect of JEM Private Residences exudes elegance and sophistication.

With 259 condo units on the upper levels, 530 multi-family units on the lower levels, ground-floor commercial space, and ample parking, it offers a diverse range of living options. And with a swift transition from market entry to construction commencement in under five months, Naftali Group has demonstrated its unwavering dedication to bringing this vision to life.

The groundbreaking event on Wednesday, April 6, was a celebration of innovation and collaboration. Hosted by Naftali Group, the event was attended by key figures in the industry, including Peggy Olin, CEO of OneWorld Properties; Commissioner Christine King; and the visionary minds behind the project, including Miki Naftali, Chairman and CEO of Naftali Group, Bernardo Fort-Brescia of Arquitectonica, and David Rockwell of Rockwell Group. The ceremonial shovel dig marked the official start of construction, signaling the beginning of a new era for Miami's real estate landscape.

"We are proud to reach this milestone in record time for Miami," said Miki Naftali. "JEM Private Residences will redefine luxury living and become an integral part of Miami's evolving landscape, offering residents an unparalleled lifestyle experience in an incredible location."

But JEM Private Residences is more than just a building—it's a work of art inspired by the ocean. The design, characterized by wraparound terraces and wood accents, seamlessly blends indoor and outdoor living, creating a welcoming environment that reflects the beauty of its surroundings. With landscape architecture by EDSA, the development promises to elevate the city's ambiance, offering residents a retreat from the hustle and bustle of urban life.

Inside, meticulous attention to detail defines every space. From bespoke millwork cabinetry to Calacatta stone countertops, the interiors exude luxury at every turn. The lobby, adorned with custom-sculpted plaster walls and bronze accents, sets the tone for what lies beyond—a 50th-floor amenity suite that rivals the world's finest resorts. With a Sky Lounge, outdoor pool, fitness center, spa suite, and more, residents will enjoy a lifestyle of unparalleled luxury and convenience.

As construction progresses, anticipation for JEM Private Residences continues to grow. With completion expected in 2027, this landmark development is poised to redefine Miami's skyline and set a new standard for luxury living in the Magic City. From groundbreaking to completion, Naftali Group's commitment to excellence ensures that JEM Private Residences will be nothing short of extraordinary.