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.