DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT

Housing Committee · 2026-07-14 · resolution

Miami-Dade County Board of County Commissioners is considering a resolution to approve a Development Agreement and Lease Agreement with Pine Development, LLC for an affordable housing development. The project involves constructing a 36-unit affordable housing development on 1.24 acres of County-owned property located within the Metrorail right-of-way, near the Hialeah Metrorail Station. The lease agreement has a 99-year term, with projected revenue to the County of approximately $21,000,000.00 in development fees and rental income. The resolution waives certain public notification requirements. The Housing Committee deferred the item on 7/14/2026. The project is in committee and has not yet received final action.