DLA WITH MQ TMB HOLDINGS LLC

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

The Miami-Dade Board of County Commissioners adopted Resolution R-610-26 (File Number 261252) on July 21, 2026, approving a 25-year Development Lease Agreement (DLA) with one five-year renewal option between Miami-Dade County as landlord and MQ TMB Holdings, LLC as tenant and developer. The agreement covers a 310,026 square foot parcel at Miami Executive Airport (TMB), located north of the entrance road at SW 128 Street and east of SW 138 Avenue. The project involves the development of a fixed-based operator (FBO) aviation hangar facility, taxi lane, and ancillary infrastructure, including a full service FBO terminal, three aircraft hangars, fuel facilities, concession areas, parking and storage, maintenance and repair, office space, 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 project will be developed in two phases, with Phase 1 including one 30,000 SF and one 15,000 SF aircraft storage hangar, and Phase 2 including one 30,000 SF hangar/building for an aviation school, maintenance, and training, plus one FBO terminal. The resolution directs the County Mayor to seek approval from MDAD traffic engineers, consulting engineers, and the Federal Aviation Administration 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. No public comment or stakeholder sentiment is stated in the document.