DLA WITH CR AVIATION LEASING, LLC

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

Miami-Dade County Board of County Commissioners adopted Resolution R-611-26 (File Number 261253) on 7/21/2026, approving a Development Lease Agreement between the County and CR Aviation Leasing, LLC for a 222,870 square foot parcel at Miami Executive Airport. The lease term is 30 years with one five-year renewal option. 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 resolution directs the County Mayor to seek approvals from traffic and consulting engineers and the Federal Aviation Administration as conditions precedent. The item was introduced 7/7/2026 and adopted 7/21/2026. The Aviation and Seaport Committee forwarded it with a favorable recommendation on 6/8/2026 with an amendment adding whereas clauses about RER's dedicated permitting staff and expedited review timeframes. No public comment or stakeholder sentiment is stated in the document.