One World Properties

Naftali Group Breaks Ground On 67-Story JEM Private Residences At Miami Worldcenter

Naftali Group has officially broken ground on JEM Private Residences, a 67-story condominium development located at 1016 Northeast 2nd Avenue in Miami Worldcenter. Designed by the Miami-based architecture firm Arquitectonica and the New York City-based interior design firm Rockwell Group, the building will rise over 700 feet and feature 259 condo units on the upper levels, 530 multi-family units on the lower levels, ground-floor commercial space, and 591 parking spaces. The development has swiftly moved from market entry to construction commencement in under five months, establishing a record pace for South Florida. This marks a significant milestone in Naftali Group’s expansion into Florida, as JEM Private Residences aims to set a new standard for quality in the region. OneWorld Properties is the exclusive brokerage, with Coastal Construction as the general contractor. DeSimone Consulting Engineering is the structural engineer, and MG Engineering D.P.C. is the MEP engineer.

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Developers Secure $77M Construction Loan From Bank OZK For 2200 Brickell

Aria Development Group, Largo, and Place Projects have secured $77 million in construction financing for 2200 Brickell, a five-story, 105-unit luxury condominium development at 2200 Brickell Avenue, situated along Brickell’s historic Millionaire’s Row. The construction financing was provided by Bank OZK, represented by King & Spalding. Hunton Andrews Kurth and The Aztec Group represented the developers. 2200 Brickell is slated to break ground in Q4 2023 with Ortega Construction Company as the general contractor.

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