The Well Elevates Its Wellness Real Estate Ambitions in Miami
The Well is deepening its push into Miami’s booming wellness market, planning to open a new club at the Jean-Georges Miami Tropic Residences
Wellness has become the new marker of luxury, and Miami, a city renowned for its fitness and health scene, is embracing it on a full scale.
It’s a backdrop that sets the palm-tree-lined stage for real estate developer Terra and NY-based wellness brand The Well to bring a full-scale wellness club to Jean-Georges Miami Tropic Residences, Michelin-starred chef Jean-Georges Vongerichten’s first residential development.
The new club, set on the seventh floor of the 49-story residential tower, will give residents access to self-guided wellness experiences like a Guided Garden Walk as well as compression and percussion therapy. The space will also include two private treatment rooms for massage, facials and bodywork, plus an infrared sauna, steam room, hot tub and cold plunge.
There will also be a fitness studio with dedicated cardio and weight training areas, a lounge, squash courts and a yoga and barre studio that opens onto an outdoor training terrace.
The building is expected to open in 2028, ATN has learned.
“We are incredibly proud to be deepening our partnership with The Well at Jean-Georges Miami Tropic Residences – a project that represents the future of urban living in South Florida,” Terra CEO David Martin said. “Our shared commitment to thoughtful design, holistic wellness and meaningful lifestyle experiences makes this collaboration a natural fit. Together, we’re creating a new standard for what it means to live well in Miami.”
For added ease, residents of the tower can book services, classes and personal training sessions from their homes, including community activities such as a Community Bath House Circuit, a guided social journey featuring breathwork and hot and cold therapies, and meditation in the building’s Healing Garden.
And in collaboration with Jean-Georges, The Well will also offer a curated mix of holistic, food-forward experiences and programming that draw from his focus on organic and locally sourced ingredients.
“At The Well, we believe that food is medicine,” The Well co-founder and CEO Rebecca Parekh said. “From nourishing the body, to uplifting the mind and connecting us to one another, it’s foundational to our well-being. Partnering with Jean-Georges, whose philosophy around local, seasonal and intentional food mirrors our own, allows us to bring that belief to life in an extraordinary new way.”
A private restaurant will also be on site along with a grab-and-go mini market, co-working lounge, art gallery, business lounge, two pools and views of Biscayne Bay and Downtown Miami.
Terra and The Well have teamed up before, even drawing the attention of former NFL star Tom Brady, who announced his family office, TEB Capital Management, would move into the brands’ mixed-use Bay Harbor Islands project. The two are also collaborating on The Well Coconut Grove, a residential development set to open in Q1 2028.
Before it dived into real estate, The Well was already a major player in the wellness space with its social wellness club in New York’s Flatiron district, although the space has been closed due to damage from a burst water pipe.
The partnership arrives as wellness real estate sees explosive global growth.
One report from the Global Wellness Institute (GWI) shows the sector has been expanding at nearly 20% annually over the last five years, growing from $225 billion in 2019 to $548 billion in 2024. It’s now one of the fastest-growing areas of the $6.3 trillion wellness economy, with projections that it will reach $1.1 trillion by 2029.
The report notes that wellness real estate is no longer about “hot” amenities in luxury buildings but about creating environments built around health and everyday well-being.
