★ Under Construction

JEM Private Residences

Miami · Residences

JEM Private Residences is a 67-story luxury condominium tower rising within the Miami Worldcenter master development in Downtown Miami, developed by New York's Naftali Group.

Official Website
Last verified Jul 23, 2026
17 months to delivery
56%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
04.06.24
Start
2027
Completion
273
Units
67
Floors
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The story so far
Announced 2023 est.
Sales launched Oct 17, 2023Naftali Group launched condo sales for JEM in Miami Worldcenter (official), 2023-10-17
thejem.com
Broke ground Apr 2024Construction started Apr 2024 (groundbreaking logged); in Miami Worldcenter; completion Q4 2027 — Commercial Observer/Florida YIMBY
commercialobserver.com
Financing secured Nov 25, 2025$465M construction financing closed Nov 25, 2025 ($235M C-PACE Nuveen + $230M BHI) — largest C-PACE multifamily in FL — TRD/Commercial Observer/CoStar
oftmw.com
Going vertical Feb 2026Podium (11 floors, lobby, retail, garage) topped off Feb 2026; 67-story tower now rising above the Miami Worldcenter podium per Florida YIMBY and PROFILEmiami
oftmw.com
Topped out Feb 2026Podium topped off at 11th floor (Naftali), PROFILEmiami, Feb 2026; tower now rising above podium
oftmw.com
Expected opening Q4 2027
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
About the project

JEM Private Residences is a 67-story luxury condominium tower rising within the Miami Worldcenter master development in Downtown Miami, developed by New York's Naftali Group. Designed by Arquitectonica with interiors by Rockwell Group, landscape by EDSA, and a crown collection of Sky Villas featuring interiors by FENDI Casa, the tower delivers 273 condominium residences — studios to four-bedrooms — positioned from the 43rd floor upward to capture skyline, Biscayne Bay, and Atlantic Ocean views, above a base of rental residences and ground-floor retail. Coastal Construction is the general contractor.

Developer & design
Developer
Atlas Intelligence Powered by Onyx 4.1
Projected pricing at delivery
JEM Private Residences
Miami · Coming Q4 2027 · Residences
Onyx Projection
$•,••• / sq ft at delivery
Projected band $•,••• – $•,••• — modeled from 6 comparable launches nearby.
Sales launchTodayDelivery Q4 2027
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Comparable set — basis for projection

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Confidence: High · 6 comps · projections are modeled estimates, never listings
Projection values are a TMW Pro surface. The model, comps and band unlock instantly.Unlock with Pro
Scenario outlook
JEM Private Residences
Miami · Coming Q4 2027 · Residences
Onyx Projection
Projected price / sq ft
$•,•••
at delivery, base case
Sell-out timeline
••months
from sales launch to final close
Absorption pace
•.•units / mo
modeled from the comp set

Scenario assumptions

Fed rate path
Submarket supply
Luxury demand
Comp appreciation
Scenarios recompute against the submarket comp set · directional, not guaranteed
Scenario values are a TMW Pro surface.Unlock with Pro
The Miami market 95 · Saturated supplyMiami Worldcenter 80-project pipeline · 32,295 residences and keys · peak Late ’28 Explore the market →
Common questions

Frequently asked

Where is JEM Private Residences located?

JEM Private Residences is located in Miami.

When will JEM Private Residences be completed?

JEM Private Residences is under construction, with completion expected in Q4 2027.

Who is developing JEM Private Residences?

Naftali Group is the developer behind JEM Private Residences.

Who designed JEM Private Residences?

JEM Private Residences was designed by Arquitectonica.

How big is JEM Private Residences?

JEM Private Residences rises 67 stories with 273 residences.