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DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County is approving a Development Agreement and a 99-year Lease Agreement with Pine Development, LLC for an affordable housing development. The project will consist of 36 residential units and approximately 1,500 square feet of ground floor retail space on 1.24 acres of County-owned property within the Metrorail right-of-way. The development is located near the Hialeah Metrorail Station. The County anticipates approximately $21,000,000.00 in revenue from development fees and rental income over the lease term. The resolution waives public notification requirements for this non-competitive lease. The Federal Transit Administration has reviewed and concurred with the project. The project is to be developed at the sole expense of Pine Development, LLC, with restrictions on rental income for residents remaining at or below 120% of the Area Mean Income for the full 99-year term.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a Development and Lease Agreement with Pine Development, LLC for an affordable housing project. The project involves developing 36 units on 1.24 acres of county-owned property within the Metrorail right-of-way, located near the Hialeah Metrorail Station at the intersection of East 21st Street and East 4th Avenue. The agreement includes a 99-year lease with projected county revenue of approximately $21,000,000.00 in development fees and rental income. The development will be at the sole expense of the developer, who will pay an annual development fee of $37,000 until the lease is executed, followed by annual rent of $37,000 for the first two years, with a 3% annual increase thereafter. The Federal Transit Administration has reviewed and concurred with the project. The resolution waives public notification requirements. The Housing Committee deferred the item on 7/14/2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Near the Hialeah Metrorail Station, at the intersection of East 21st Street and East 4th Avenue
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a development and lease agreement with Pine Development, LLC for an affordable housing project. The project involves developing 36 units on 1.24 acres of county-owned property within the Metrorail right-of-way, located near the Hialeah Metrorail Station at the intersection of East 21st Street and East 4th Avenue. The agreement includes a 99-year lease with projected county revenue of approximately $21,000,000.00 in development fees and rental income. The development will be at the sole expense of the developer, who will pay an annual development fee of $37,000 until the lease is executed, followed by annual rent of $37,000 for the first two years, increasing by 3% annually thereafter. The Federal Transit Administration has reviewed and concurred with the project. The resolution waives certain public notification requirements. The Housing Committee deferred the item on 7/14/2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- near the Hialeah Metrorail Station
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County Board of County Commissioners is considering a resolution to approve a Development Agreement and a 99-year Lease Agreement with Pine Development, LLC for the development of a 36-unit affordable housing project on County-owned property within the Metrorail right-of-way. The project is located near the Hialeah Metrorail Station. The developer will pay an annual development fee of $37,000 until the lease is executed, followed by annual rent of $37,000 for the first two years, with a 3% annual increase thereafter. The projected revenue to the County is approximately $21,000,000. The Federal Transit Administration has reviewed and concurred with the project. The Board is waiving certain public notification requirements. The development is planned to include approximately 500 square feet of living space per unit and 1,500 square feet of ground floor retail space. Units will be rented to residents with household incomes at or below 120% of the Area Mean Income for the 99-year term.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- In Committee
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County is approving a Development Agreement and a 99-year Lease Agreement with Pine Development, LLC for an affordable housing development. The project will consist of 36 residential units, each approximately 500 square feet, and 1,500 square feet of ground floor retail space. The development will be located on 1.24 acres of County-owned property within the Metrorail right-of-way. The County anticipates approximately $21,000,000.00 in revenue from development fees and rental income over the lease term. The residential units will be rented to households with incomes at or below 120% of the Area Mean Income for the full 99-year term. The Federal Transit Administration has reviewed and concurred with the project. The Board of County Commissioners is waiving public notification requirements for this non-competitive lease. The project is in committee and has not yet received final action.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- In Committee
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County is approving a Development Agreement and a 99-year Lease Agreement with Pine Development, LLC for an affordable housing development. The project will consist of 36 residential units, each approximately 500 square feet, and 1,500 square feet of ground-floor retail space. The development will be located on 1.24 acres of County-owned property within the Metrorail right-of-way. The residential units will be rented to households with incomes at or below 120% of the Area Mean Income for the full 99-year term. The County anticipates approximately $21,000,000.00 in revenue from development fees and rental income. The project has received concurrence from the Federal Transit Administration. Public notification requirements were waived. The Housing Committee is reviewing the matter, with a final action date of September 1, 2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- In Committee (Resolution approving award of Development Agreement and Lease Agreement)
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a development and lease agreement with Pine Development, LLC for an affordable housing project. The project involves developing 36 units on 1.24 acres of county-owned property within the Metrorail right-of-way near the Hialeah Metrorail Station. The lease term is 99 years, with projected county revenue of approximately $21,000,000.00 in development fees and rental income. The agreement was introduced on 6/22/2026 and deferred by the Housing Committee on 7/14/2026. The Federal Transit Administration has reviewed and concurred with the project. Public notification requirements were waived.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a development and lease agreement with Pine Development, LLC for an affordable housing project. The project involves developing a 36-unit affordable housing development on 1.24 acres of county-owned property within the Metrorail right-of-way. The agreement includes a 99-year lease with projected county revenue of approximately $21,000,000.00 in development fees and rental income. The resolution waives public notification requirements for the non-competitive lease of county-owned property. The Housing Committee deferred the item on 7/14/2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a development and lease agreement with Pine Development, LLC for an affordable housing project. The project involves developing a 36-unit affordable housing development on 1.24 acres of county-owned property within the Metrorail right-of-way. The lease agreement has a 99-year term, with projected revenue to the county of approximately $21,000,000.00 in development fees and rental income. The development will consist of 36 residential units, each approximately 500 square feet, and 1,500 square feet of ground floor retail space. The residential units will be rented to residents with household incomes at or below 120% of the Area Mean Income. The Federal Transit Administration has reviewed and concurred with the project. The resolution waives public notification requirements for the non-competitive lease of county-owned property. The Housing Committee deferred the item on July 14, 2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a development and lease agreement with Pine Development, LLC for an affordable housing project. The project involves developing a 36-unit affordable housing development on 1.24 acres of county-owned property within the Metrorail right-of-way. The agreement includes a 99-year lease with projected county revenue of approximately $21,000,000.00 in development fees and rental income. The development is planned for the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The decision was deferred by the Housing Committee on 7/14/2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County is approving a Development Agreement and a 99-year Lease Agreement with Pine Development, LLC for an affordable housing development. The project will consist of 36 residential units and approximately 1,500 square feet of ground floor retail space on 1.24 acres of County-owned property within the Metrorail right-of-way. The development is located at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The County anticipates approximately $21,000,000.00 in revenue from development fees and rental income. The project requires approval from the Federal Transit Administration, which has issued its concurrence. Public notification requirements were waived for this non-competitive lease. The Board of County Commissioners is set to approve the agreements, with the lease becoming effective upon Pine Development, LLC satisfying all conditions precedent and obtaining necessary permits. The residential units will be rented to residents with household incomes at or below 120% of the Area Mean Income for the full 99-year term.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Intersection of East 21st Street and East 4th Avenue, Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a development and lease agreement with Pine Development, LLC for an affordable housing project. The project involves developing a 36-unit affordable housing development on 1.24 acres of county-owned property within the Metrorail right-of-way. The lease agreement has a 99-year term, with projected revenue to the county of approximately $21,000,000.00 in development fees and rental income. The development will consist of 36 residential units, each approximately 500 square feet, and 1,500 square feet of ground floor retail space. The residential units will be rented to residents with household incomes at or below 120% of the Area Mean Income. The Federal Transit Administration has reviewed and concurred with the project. The resolution waives public notification requirements for the non-competitive lease of county-owned property. The Housing Committee deferred the item on 7/14/2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a development and lease agreement with Pine Development, LLC for an affordable housing project. The project involves developing a 36-unit affordable housing development on 1.24 acres of county-owned property within the Metrorail right-of-way. The lease agreement has a 99-year term, with projected revenue to the county of approximately $21,000,000.00 in development fees and rental income. The developer will pay an annual development fee of $37,000.00 until the lease is executed, followed by an initial annual rent of $37,000.00 for the first two years, with a 3% annual increase thereafter. The development will consist of 36 residential units, each approximately 500 square feet, and 1,500 square feet of ground floor retail space. The residential units will be rented to households with incomes at or below 120% of the Area Mean Income for the full 99-year term. The Federal Transit Administration has reviewed and concurred with the project. The resolution waives public notification requirements for the non-competitive lease of county-owned property. The Housing Committee deferred the item on 7/14/2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a Development Agreement and a 99-year Lease Agreement with Pine Development, LLC for the construction of a 36-unit affordable housing development on County-owned property within the Metrorail right-of-way. The project is located near the Hialeah Metrorail Station. The projected revenue to the County is approximately $21,000,000.00. The development will be at the sole expense of the Developer, who will pay an annual development fee of $37,000.00 until the lease is executed, followed by annual rent of $37,000.00 for the first two years, increasing by 3% annually thereafter. The Federal Transit Administration has reviewed and concurred with the project. The Board waived requirements for public notification prior to the non-competitive lease.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- near the Hialeah Metrorail Station, intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a development and lease agreement with Pine Development, LLC for an affordable housing project. The project involves developing a 36-unit affordable housing development on 1.24 acres of county-owned property within the Metrorail right-of-way. The lease agreement has a 99-year term, with projected revenue to the county of approximately $21,000,000.00 in development fees and rental income. The developer will pay an annual development fee of $37,000.00 until the lease is executed, followed by an initial annual rent of $37,000.00 for the first two years, with a 3% annual increase thereafter. The development will consist of 36 residential units, each approximately 500 square feet, and 1,500 square feet of ground floor retail space. The residential units will be rented to households with incomes at or below 120% of the Area Mean Income for the full 99-year term. The Federal Transit Administration has reviewed and concurred with the project. The resolution waives public notification requirements for the non-competitive lease of county-owned property. The Housing Committee deferred the item on 7/14/2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a development and lease agreement with Pine Development, LLC for an affordable housing project. The project involves developing 36 units on 1.24 acres of county-owned property within the Metrorail right-of-way, located near the Hialeah Metrorail Station at the intersection of East 21st Street and East 4th Avenue. The agreement includes a 99-year lease with projected county revenue of approximately $21,000,000.00 in development fees and rental income. The development is planned to be a four-story building with ground-floor retail space, and the residential units will be rented to residents with household incomes at or below 120% of the Area Mean Income. The Federal Transit Administration has reviewed and concurred with the project. The resolution waives certain public notification requirements. The Housing Committee deferred the item on 7/14/2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a development and lease agreement with Pine Development, LLC for an affordable housing project. The project involves developing a 36-unit affordable housing development on 1.24 acres of county-owned property within the Metrorail right-of-way. The agreement includes a 99-year lease with projected county revenue of approximately $21,000,000.00 in development fees and rental income. The project requires Pine Development, LLC to satisfy conditions precedent and obtain all necessary approvals and permits before the lease becomes effective. The development will consist of 36 residential units, each approximately 500 square feet, and 1,500 square feet of ground floor retail space. The residential units will be rented to households with incomes at or below 120% of the Area Mean Income for the full 99-year term. The Federal Transit Administration has reviewed and concurred with the project. The resolution waives public notification requirements for the non-competitive lease of county-owned property. The Housing Committee deferred the item on 7/14/2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County deferred a resolution approving a Development and Lease Agreement with Pine Development, LLC for an affordable housing project. The project involves developing 36 units on 1.24 acres of county-owned property within the Metrorail right-of-way near the Hialeah Metrorail Station. The lease term is 99 years, with projected county revenue of approximately $21,000,000.00 in development fees and rental income. The agreement waives certain public notification requirements. The Housing Committee deferred the item on 7/14/2026.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County Board of County Commissioners is considering a resolution to approve a Development Agreement and Lease Agreement with Pine Development, LLC for an affordable housing development. The project involves constructing a 36-unit affordable housing development on 1.24 acres of County-owned property located within the Metrorail right-of-way, near the Hialeah Metrorail Station. The lease agreement has a 99-year term, with projected revenue to the County of approximately $21,000,000.00 in development fees and rental income. The resolution waives certain public notification requirements. The Housing Committee deferred the item on 7/14/2026. The project is in committee and has not yet received final action.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- In Committee (Deferred by Housing Committee on 7/14/2026)
- Address:
- Intersection of East 21st Street and East 4th Avenue, City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Miami-Dade County is approving a Development Agreement and a 99-year Lease Agreement with Pine Development, LLC for the construction of a 36-unit affordable housing development on 1.24 acres of County-owned property within the Metrorail right-of-way. The development will include approximately 500 square feet of living space per unit and 1,500 square feet of ground floor retail space. The project is located near the Hialeah Metrorail Station, at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The developer will pay annual development fees and then annual rent, with a projected total revenue to the County of approximately $21,000,000.00. The Housing Committee deferred the item on July 14, 2026. The Board of County Commissioners is expected to take final action on September 1, 2026. The Federal Transit Administration has reviewed and concurred with the project. Public notification requirements were waived.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- In Committee (Deferred on 7/14/2026, Agenda Date 9/1/2026)
- Address:
- Intersection of East 21st Street and East 4th Avenue, Hialeah, Florida
- Applicant:
- Pine Development, LLC
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