DLA WITH MQ TMB HOLDINGS LLC

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

Resolution R-610-26, adopted by the Miami-Dade Board of County Commissioners on 7/21/2026, approves a Development Lease Agreement between Miami-Dade County (landlord) and MQ TMB Holdings, LLC (tenant/developer) for a 310,026 square foot parcel at Miami Executive Airport (TMB). The lease is for a 25-year initial term with one five-year renewal option. The project involves development of aviation hangar facilities, a taxi lane, and ancillary infrastructure, including a fixed-based operator (FBO) terminal, three aircraft hangars, fuel facilities, and a flight training school. The minimum investment is $7,000,000.00, with an estimated $6,372,695.00 in projected revenue to the County over the initial term. The development site is located north of the entrance road at SW 128 Street and east of SW 138 Avenue. 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 amended at the Aviation and Seaport Committee on 6/8/2026 and forwarded with a favorable recommendation. The final action was adoption on 7/21/2026. The document does not state any public comment or stakeholder sentiment.