Aug 26, 2026
TRANSIT RIDES REBOUND: Miami-Dade’s transit ridership rose 7.6% in June compared with June 2025, with a 54.1% gain for Metromover alone over its June 2025 use. Every mode of transit showed a gain, including a 0.6% gain in bus ridership that included 163,868 rides on Bus Rapid Transit in South Dade , a service that did not exist a year earlier. Without the Bus Rapid Transit boost, bus ridership would have declined 3.2%. The month’s figures are a rebound from May, when the system lost 5.6% of its passenger trips. Metrorail showed a healthy gain in passengers, up 8.4% from the previous June. With all the gains, however, the entire system’s ridership in June of 6,634,543 was about 550,000 trips lower than it was last October, the first month of the county’s fiscal year. NEW REALTY POWERHOUSE: The Real Brokerage has completed its acquisition of RE/MAX Holdings, creating Real REMAX Group, a new technology-enabled global real estate platform that will be headquartered in Miami. The transaction, which closed Aug. 24, combines the two companies, both of which had franchisees in Miami-Dade County. The exact location of the new headquarters has not been announced. The transaction had an implied enterprise value of approximately $880 million, according to the companies. GOING FOR THE GOLD: The Citizens’ Independent Transportation Trust this week is to consider additions to its strategic objectives for the year that include monitoring South Corridor Transitway operations to “insure issuance of Gold Standard BRT (Bus Rapid Transit) certification by the Institute for Transportation Development and Policy global organization.” When BRT rather than rail service was approved for the transitway, the county pledged that it would win a Gold Standard service rating, but it has yet to apply. The complex rating scale’s basics include a dedicated right-of-way, busway alignment, off-board fare collection, intersection treatments and platform-level boarding, which the system has. But buses get priority over crossing automotive traffic only a few hours a day each way, which has seemed to be a Gold Standard roadblock. HEALTHY LEASE: Miami-Dade County has approved a lease in Sweetwater for offices that will be used and paid for by the Florida Department of Health for administrative offices for Women, Infants and Children. The lease is for $22 per square foot at 12750 NW 17th St. from landlord 4106 Paraiso LLC for three years with a three-year option to renew. The state’s offices will move from their present location at 11865 SW 26th St., which is Coral Way. The total space being leased is 2,045 square feet. Rent is to rise by 4% per year. These are some of the FYIs in this week’s edition. The entire content of this week’s FYIs and Insider sections is available by subscription only. To subscribe click here. The post FYI Miami: August 27, 2026 appeared first on Miami Today. ...read more read less
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