DLA WITH CR AVIATION LEASING, LLC

Board of County Commissioners · 2026-07-21 · resolution

Miami-Dade County Board of County Commissioners is considering a Resolution approving a Development Lease Agreement (DLA) with CR Aviation Leasing, LLC for a 222,870 square foot parcel at Miami Executive Airport. The agreement, for a term of 30 years with a five-year renewal option, involves the development of aviation hangar facilities and ancillary infrastructure with a minimum investment of $4,000,000.00. The County anticipates receiving an estimated $5,188,663.00 in rent and other revenue over the initial term. The project includes demolition of existing buildings and construction of a 40,000 square foot hangar. The Aviation and Seaport Committee recommended approval with amendments to affirm the commitment to expediting permit reviews. The resolution directs the County Mayor to seek necessary approvals from traffic and consulting engineers and the Federal Aviation Administration (FAA). Public comment is not stated in this document.