DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS

Aviation and Seaport Committee · 2026-06-08 · resolution

Miami-Dade County is approving a Development Lease Agreement with MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00. The lease term is 25 years with a five-year renewal option. The project is subject to conditions precedent, including approval from traffic and consulting engineers, and the Federal Aviation Administration. Public comment is not stated in this document. The Aviation and Seaport Committee amended the item on 6/8/2026.