LANDMARK - FOURTH AMENDMENT

Board of County Commissioners · 2026-05-19 · resolution

Miami-Dade County Board of County Commissioners adopted a resolution approving the Fourth Amendment to a Lease and Development Agreement with Landmark QOZB Construction, LLC. The amendment modifies the lease for approximately 92.95 acres of county property located at 20000 NW 47 Avenue, Miami, Florida (Folio Number: 30-1131-001-0030). Key changes include reducing the affordable housing component to no less than 190 units, reducing retail space to a minimum of 24,000 square feet, reducing warehouse space to a minimum of 1,377,000 square feet, and requiring the construction of 9.16 acres of recreation and sports facilities, a 36,550 square foot indoor community center, and a 14.72 acre linear park. The second renewal option for the lease was increased from 30 years to 37 years. The rent schedule was modified, with an initial annual base rent of $218,136.00, plus percentage rent. The project aims for economic development and affordable housing. Public comment is not stated in this document.