Construction is hitting a high-velocity phase at JEM Miami Worldcenter, the 67-story mixed-use landmark rising at 1016 NE 2nd Avenue. Developed by New York-based Naftali Group, the 741,252-square-foot tower is now officially rising above its massive podium levels. With the primary structural columns and shear walls for the residential stack now visible, the project is moving closer to its roughly 700-foot peak. Supported by a significant $465 million construction loan secured in 2025, the tower is currently on track for a Q4 2027 delivery.

Designed by Arquitectonica, JEM  features a sophisticated "dual-program" model that integrates 530 multifamily units in the lower half with 273 ultra-luxury condominiums—branded as JEM Private Residences—starting from the 43rd floor. This structural flexibility allows the project to capture both the high-end rental and ownership markets simultaneously. The building’s crown jewel is a curated collection of Sky Villas, featuring exclusive interiors by FENDI Casa, marking one of the most prestigious branded penthouse programs currently under construction in the Downtown Miami submarket.

The residential experience is further elevated by interiors from the Rockwell Group, blending NYC-inspired craftsmanship with Miami's vibrant energy. As the dual hoist elevator system is assembled along the tower's eastern elevation, vertical progress is expected to accelerate through 2026. JEM stands as a cornerstone of the Miami Worldcenter master plan, offering residents immediate proximity to the city’s premier retail, dining, and transit hubs while establishing a new benchmark for branded residential luxury.

Frequently Asked Questions (FAQs)

Where is JEM Private Residences located?

The tower is located at 1016 NE 2nd Avenue within the 27-acre Miami Worldcenter master plan in Downtown Miami.

What makes the residential units at JEM unique?

Condominium residences begin on the 43rd floor, ensuring unobstructed views, and the top-tier Sky Villas feature interiors by FENDI Casa.

What is the "dual-program" format of the building?

The building combines 530 multifamily rental units with 273 private condominiums, providing a mix of luxury living options under one roof.

Who is the developer and architect?

The project is developed by the Naftali Group and designed by the world-renowned firm Arquitectonica.

When is the project expected to be completed?

Completion and delivery for JEM Miami Worldcenter are currently anticipated for Q4 2027.

How much financing was secured for this project?

Naftali Group secured $465 million in construction financing in 2025 to fuel the vertical development.