Naftali Group has unveiled two luxury penthouses, JEM Sky Villas, with interiors designed by the renowned Italian brand FENDI Casa. Positioned at the top of the 67-story JEM Private Residences, these units showcase FENDI Casa’s signature design collections. Rising over 700 feet at 1016 Northeast 2nd Avenue in Miami Worldcenter, JEM Private Residences is designed by Arquitectonica and Rockwell Group.
Miami’s Building Department has issued a site work permit for JEM Private Residences, a 67-story mixed-use development at 1016 Northeast 2nd Avenue in Miami Worldcenter. Valued at $3 million, the permit was granted on October 3, with Coastal Construction as the contractor. The building will feature 259 condominium units on the upper floors and 530 multi-family units on the lower levels, with ground-floor commercial space and 591 parking spaces. Naftali Group is the developer, and Arquitectonica is the project’s architect. Completion is planned in 2027.
BHI, the U.S. division of Bank Hapoalim and a full-service commercial bank, announced the provision of $35 million in predevelopment financing to Naftali Group for JEM Private Residences, a 67-story mixed-use tower planned for 1016 Northeast 2nd Avenue in Miami, Florida. The over 700-foot-tall development will include 259 condominium units, 530 multifamily rental units, 3,259 square feet of ground-floor retail space, and 283,863 square feet dedicated to parking.
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.
New York-based real estate development and investment firm Naftali Group has announced official plans for a 67-story mixed-use building to rise over 700 feet on a 1.02-acre site at 1044 and 1016 Northeast 2nd Avenue…