The Next Miami:

New Details Revealed On 67-Story Miami Worldcenter Tower

October 31, 2023Read Full ArticleDownload PDF

The developer planning the 67-story JEM Private Residences at Miami Worldcenter has given an interview to the WSJ where new details were revealed.


The project is valued at $580 million, the report said.


As previously reported, condos will be located on the top half of the tower, and will have a separate entrance and amenities.


Completion of the project will take around four years.


Developer Naftali Group is said to have a strong following in New York, and is known for building luxury residential products with ‘robust amenities’ and beautiful lobbies. “He always gets financing,” a broker told the paper.


Miki Naftali told the paper that now is a good time to build condos in Miami, with the city now “competing head-to-head with any major city around the world.” Construction prices appear to be also now be softening, he noted.


NA024_0024482_VIEW 01_HERO_FINAL.jpg






Naftali-MWC-05-Mist Garden-03 B.jpg