DLA WITH MQ TMB HOLDINGS LLC

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

The Board of County Commissioners adopted Resolution R-610-26 (File Number 261252) approving a Development Lease Agreement between Miami-Dade County and MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport. The lease is for an initial term of 25 years with one five-year renewal option. The development includes a fixed-based operator (FBO) terminal, three aircraft hangars, fuel facilities, concession areas, parking, storage, maintenance and repair facilities, office space, a flight training school, and associated pavement and infrastructure. 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 project will be developed in two phases. The resolution directs the County Mayor to seek approval from traffic and consulting engineers and the Federal Aviation Administration as conditions precedent. The item was introduced on 7/7/2026 and adopted on 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. No public comment or stakeholder sentiment is stated in the document.