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11-Story Apartment Complex Planned Near Brightline Station And Aventura Mall

IQ Lofts Ruby-2530 and 2540 N.E. 192nd St. in Aventura_Photo Credit SFBJ 1170x435

IQ Concept Developments, led by Samir Dichy, and Sagewood Corp. have proposed an 11-story apartment complex just west of the Aventura Mall in the Ojus neighborhood.

The developers, through affiliate 2530 NE LLC, filed an administrative site plan with Miami-Dade County officials for the 0.66-acre site at 2530 and 2540 N.E. 192nd St. It currently has a few single-family homes. The site is located just east of the Scheck Hillel Community School and near the Brightline passenger rail station.

The same developer submitted plans to erect 36 rental units there in 2020. Using the county’s new workforce housing density bonus, which mandates that 10% of the units be workforce housing, it now presented a larger bid.

The project, known as IQ Lofts Ruby, would house 92 parking spaces, some of which would have electric vehicle chargers, and 90 units totaling 94,216 square feet of leasable space. Coworking space, a game room, a fitness facility, and a pool on the third level are among the features.

Dichy said he plans to break ground on IQ Lofts Ruby in the second half of 2024. Construction should take around 18 months.

 

Source:  SFBJ

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Securities Exchange Company Takes 38,000 Square Feet In Wynwood

545 wyn_photo courtesy of artista internacional 1010 1170x435

A freshly constructed Class A office complex in Wynwood will be occupied by a securities exchange company headquartered in Miami.

A recent office report from the brokerage Avison Young states that MIAX, commonly known as Miami International Securities Exchange, has closed on a 38,409-square-foot lease at 545 N.W. 26th St. at 545wyn.

MIAX is a global exchange for equities, equity options, and commodities.

An affiliate of Miami International Holdings, M7 Holdings, recently acquired the cryptocurrency derivatives platform LedgerX from a bankrupt FTX, founded by now convicted felon Sam Bankman-Fried, for $50 million.

Miami International Holdings also announced on October 17 that it plans to introduce MIAX Sapphire, a fourth options exchange platform headquartered in Miami. Miami International Holdings claimed in a release that MIAX Sapphire is anticipated to launch in the second quarter of 2024, “followed by the opening of a physical trading floor in Miami, Florida in the second half of 2024,” pending permission by the Federal Securities and Exchange Commission. It was not disclosed where that trade floor was located.

 

Source:  SFBJ

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