DLA WITH MQ TMB HOLDINGS LLC

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

Miami-Dade County approved a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport. The project involves developing aviation hangar facilities, taxi lanes, and ancillary infrastructure with a minimum investment of $7,000,000.00. The lease term is 25 years with a five-year renewal option. The County anticipates projected revenue of $6,372,695.00 over the initial term. The agreement was adopted by the Board of County Commissioners on July 21, 2026. Public comment is not stated in the document.