DLA WITH CR AVIATION LEASING, LLC

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

Resolution adopted on 7/21/2026 approving a 30-year Development Lease Agreement (with one 5-year renewal option) between Miami-Dade County and CR Aviation Leasing, LLC for a 222,870 square foot parcel at Miami Executive Airport. The project involves demolition of Buildings 109, 109A, and 109B and construction of a 40,000 square foot aviation hangar with associated pavement, office space, and infrastructure. Minimum investment is $4,000,000.00. Estimated rent and other revenue to the County over the initial term is $5,188,663.00, plus $1,620,000.00 in improvement rent, totaling $6,808,663.00. The agreement is subject to conditions precedent including approval from MDAD traffic engineers, consulting engineers, and the Federal Aviation Administration. The resolution also affirms RER's commitment to expedited permit review (maximum 5 business days per submittal).