Real estate development and investment firm Naftali Group has secured a combined $465 million in construction loan financing for the development of JEM Private Residences in Downtown Miami. Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions and an affiliate of Nuveen, provided $235 million in C-PACE financing, while Bank Hapoalim (BHI) supplied an additional $230 million in traditional construction loans.
National developer PMG, Lion Development Group, and LNDMRK Development have broken ground on One West Twelve Residences (ONE W12), a luxurious residential building in the heart of Historic Overtown, which officially commenced on October 1.
Fitness International, LLC, the company behind LA Fitness and Esporta, has officially unveiled its 15th Club Studio® location — a 38,000-square-foot flagship facility at Miami Worldcenter, one of the largest and most transformative urban developments in the country. The state-of-the-art destination blends boutique fitness, recovery, and social wellness, marking a major step in Club Studio’s nationwide expansion.
Okan Tower, Downtown Miami’s transformative new branded hospitality and residential development anchored by the 316-key Hilton Miami Bayfront Hotel, has reached a pivotal milestone with the issuance of its master construction permit.
Join PROFILEmiami for an exclusive Bespoke Summer Networking Happy Hour at the lavish Giselle Miami, the stunning rooftop oasis perched above E11EVEN. Mingle with South Florida’s top real estate professionals, developers, brokers, and investors in an elevated setting designed to connect and inspire.
Miami’s Signature Bridge, known as The Fountain, is entering a new phase of construction as the project’s iconic arches begin to rise above I-395, offering a first glimpse of the monumental structure set to redefine the city’s skyline.
Leading real estate developer Related Group and partner Alta Developers held a “topping off” ceremony for Casa Bella Residences by B&B Italia on July 9th, 2025, bringing the 56-story tower one step closer to completion with over 90% of units already in contract.
Naftali Group, a national real estate development and investment firm, has completed the foundation pour for JEM Private Residences Miami. The 8,400-cubic yard pour began May 30th and was expected to last approximately 18 hours and requiring 120 trucks.
FAENA Residences Miami is set to launch sales later this month starting at $1.3 million and has revealed new renderings highlighting the ultra-luxury plans for the groundbreaking residential project aimed at redefining riverfront living in the city. FAENA Residences Miami not only marks a significant milestone for the Faena brand but also catalyzes the transformation of the Miami Riverfront.
Marco Carola, a renowned Italian DJ, producer, and label owner’s unit at the Aston Martin Residences just hit the market for $6.33 million. Carola is widely recognized as a global ambassador of techno, instrumental in shaping the Neapolitan electronic music scene.
After nearly two decades of planning and development, Miami Worldcenter is set to host its official Grand Opening this week as the $6 billion, 27-acre mega-development continues Downtown Miami’s transformation into a vibrant, walkable destination where Miami lives, shops, dines, and plays.
Google and Alphabet co-founder Sergey Brin’s 142.08-meter / 466’ Lürssen motor yacht Dragonfly has docked in Downtown Miami’s Museum Park. Built in 2024, the superyacht is among the largest yachts in the world by length and volume.
Sky Villa 5002, the highest duplex at Miami’s Aston Martin Residences, a home straight out of a James Bond film, has hit the market for $12.2 million, complete with a brand-new Aston Martin DBX. As one of only three duplexes in the building, this glass-wrapped sanctuary is as rare as it is breathtaking.
National developer PMG, Michael Simkins’ Lion Development Group, and Marc Roberts Companies have secured $215 million in construction financing for 38 West Eleventh Residences Miami, a 44-story, 659-residence condominium in Miami’s Park West neighborhood.
14th Street Miami Developers LLC has announced that 14 ROC, a 32-story luxury condominium in Downtown Miami, will convert to contract at 20% sold with sales led by Miami-based Cervera Real Estate. This significant milestone follows the development's successful launch in July 2024, reflecting exceptional buyer demand and growing interest in flexible short-term rental properties in Miami's urban core.
Construction is progressing swiftly at PMG’s Waldorf Astoria Hotel & Residences Miami, an iconic project poised to redefine the Miami skyline as the city’s first supertall tower. This architectural marvel will stand 100 stories tall and reach heights of 1,049 feet, making it the tallest residential building south of New York City.
Maple Hospitality Group, the visionary team behind acclaimed restaurants Maple & Ash, Eight Bar, Monarch, and Kessaku, has opened the Miami location of its flagship award-winning concept, Maple & Ash, in Downtown Miami’s Miami Worldcenter.
National developer PMG and E11EVEN® Partners have topped off E11EVEN® Club Hotel & Residences Miami in Downtown Miami’s Park West District 11 neighborhood, bringing residents one step closer to experiencing its one-of-a-kind resort-style, entertainment-driven experience.
In a significant addition to Downtown Miami, Apple has announced the upcoming grand opening of its new store at Miami Worldcenter, designed to be a vibrant destination for technology enthusiasts and casual shoppers alike. This will mark Apple’s sixth retail location in the Miami-Dade County, further cementing the tech giant’s expanding footprint in this bustling region.
New York City and Miami-based real estate development and investment firm Naftali Group has secured a $40 million in C-PACE financing loan for the development of JEM Private Residences in Downtown Miami. The financing was provided by Nuveen Green Capital.
Downton Miami’s 902’ Okan Tower, anchored by a Hilton Miami Bayfront Hotel, has reached two milestones as sales have surpassed the halfway mark and are now at 60%; in addition, construction has advanced to the 12th floor following the completion of the massive 290,000-square-foot parking podium.
Top luxury real estate agent David Rocca just sold the stunning Sky Penthouse at the Aston Martin Residences. The record-breaking sale represents the most expensive condo sale ever in downtown Miami history with a last asking price $23,000,000.
Clearline Real Estate has secured $94.5 million in construction loans to advance the development of Excel Miami, a 24-story multifamily tower situated at 1550 NE Miami Place in the Arts & Entertainment District.
Opening on November 18, 2024, Casa Gianna will debut as a fresh Italian dining experience at the newly launched Gale Miami Hotel & Residences in Downtown Miami. Developed in collaboration with the global hospitality brand Zouk Group, Casa Gianna aims to offer an inviting and authentic culinary experience, transitioning seamlessly from a morning café into a lively evening dining spot.
Faena, the globally acclaimed lifestyle brand, is expanding its unique vision from Miami Beach to the heart of Miami through a multi-phase cultural district, set within the only 14-acre private park along the Miami River.
National real estate developer Naftali Group has revealed JEM Sky Villas with Interiors by FENDI Casa, two luxury penthouses designed with signature FENDI Casa collections. Perched atop the luxurious JEM Private Residences in the heart of downtown Miami, these residences will seamlessly blend high fashion interior design with the art of living.
Adam Neumann, co-founder of Flow, has announced the launch of his first condominium development project in Downtown Miami, marking Flow's expansion into the ownership market. The project, named Flow House, will be located in Miami Worldcenter and will include 466 units spread across 40 stories. Slated for delivery in 2025, Flow House will offer luxury living with a range of amenities, including coworking spaces, a fitness center, poolside restaurant, and spa.
E11EVEN Residences Beyond, part of the ultra-luxury, dual-tower E11EVEN Hotel & Residences Miami development located in Downtown Miami’s District 11 neighborhood, has completed its foundation pour and is moving ahead with vertical construction.
Michelin-starred culinary couple Carolina Sanchez and Iñaki Murua has debuted their first U.S. outpost, MOMENTO by Ikaro, in Downtown Miami. The restaurant offers a unique blend of Spanish and Ecuadorian cuisine, showcasing the chefs' rich culinary heritage and creativity.
Gale Miami Hotel & Residences has been granted a temporary certificate of occupancy (TCO), marking a major milestone for the project which was developed by hospitality entrepreneur Keith Menin and Marisa Galbut, through their development firm, Sixth Street Miami Partners LLC, backed by GFO Investments.
