DLA WITH CR AVIATION LEASING, LLC

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

The Miami-Dade Board of County Commissioners adopted Resolution R-611-26 (File Number 261253) on July 21, 2026, approving a 30-year Development Lease Agreement (DLA) with one five-year renewal option between Miami-Dade County, as landlord, and CR Aviation Leasing, LLC, as tenant and developer, for a 222,870 square foot parcel of land at Miami Executive Airport (TMB). The project involves the demolition of Buildings 109, 109A, and 109B and the construction of a 40,000 square foot aviation hangar with associated pavement, office space, and supporting infrastructure. The minimum investment is $4,000,000.00, with an estimated $5,188,663.00 in rent and other revenue due to the County over the initial term, plus $1,620,000.00 in improvement rent, for a total projected revenue of $6,808,663.00. The resolution directs the County Mayor to seek approval from MDAD's traffic engineers, consulting engineers, and the Federal Aviation Administration (FAA) as conditions precedent. The Aviation and Seaport Committee forwarded the item with a favorable recommendation on June 8, 2026, with an amendment adding 'whereas' clauses about RER's dedicated permitting staff and expedited review timeframes. The construction is phased: Phase 1 includes demolition of Building 109B and foundation work, with completion within 18 months of execution; Phase 2 includes demolition of Buildings 109 and 109A and hangar build-out, with completion within 36 months of execution. The project is in District 11, represented by Commissioner Roberto J. Gonzalez, who sponsored the item. Public comment sentiment is not stated in the document.