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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
Resolution approving a development and lease agreement with Pine Development, LLC for a 36-unit affordable housing development on 1.24 acres of County-owned property within the Metrorail right-of-way at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The lease term is 99 years with projected revenue of approximately $21,000,000.00. Status is Deferred. Introduced 6/22/2026. Housing Committee deferred on 7/14/2026. Agenda date 11/17/2026. File number 261132. Applicant is Pine Development, LLC. Sponsor is Natalie Milian Orbis. The development includes a four-story building, 36 residential units of approximately 500 square feet each, approximately 1,500 square feet of ground floor retail space, parking and green space under the guideway. Units rented to households at or below 120% of Area Mean Income. Annual development fee of $37,000.00 until lease execution, then annual rent of $37,000.00 for first two lease years, increasing 3% annually from third year. Total revenue estimated at $21,145,998.12. Waives Resolution No. R-407-19 public notification requirement. Federal Transit Administration issued written concurrence. No public comment sentiment is stated in the document.
- 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
Resolution approving a development and lease agreement with Pine Development, LLC for a 36-unit affordable housing development on 1.24 acres of County-owned property within the Metrorail right-of-way at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The project includes a four-story building with 36 residential units (each approximately 500 square feet) and approximately 1,500 square feet of ground floor retail space. The lease term is 99 years with projected County revenue of approximately $21,145,998.12. The status is Deferred as of the Housing Committee meeting on 7/14/2026. The applicant is Pine Development, LLC. The case file number is 261132. The resolution waives Resolution No. R-407-19 requiring public notification prior to non-competitive lease of County-owned property. The Federal Transit Administration has issued written concurrence. The development will be rented to residents with household incomes at or below 120% of Area Mean Income for the full 99-year term. The property is in Commission District 6, represented by Commissioner Natalie Milian Orbis, who is the Prime Sponsor. The resolution was introduced on 6/22/2026 and the agenda date is 11/17/2026. The developer will pay an annual development fee of $37,000.00 until execution of the lease, then annual rent of $37,000.00 for the first two lease years, increasing by three percent annually from the third lease year. The developer must complete construction within a maximum of five years from the award date or rights revert to the County. The developer must submit detailed construction plans for DTPW approval to ensure no negative impact on Metrorail operations. The property was acquired with partial federal funding. The developer will implement and incorporate the HIA-LINE project in coordination with the City of Hialeah. No public comment or stakeholder sentiment is stated in the document.
- 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
Resolution approving a development and lease agreement with Pine Development, LLC for a 36-unit affordable housing development on 1.24 acres of County-owned property within the Metrorail right-of-way at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The project includes a four-story building with 36 residential units (each approximately 500 square feet) and approximately 1,500 square feet of ground floor retail space. The lease term is 99 years with projected County revenue of approximately $21,145,998.12. The status is Deferred as of the Housing Committee meeting on 7/14/2026. The resolution waives public notice requirements under Resolution No. R-407-19. The Federal Transit Administration has issued written concurrence. The units will be rented to households at or below 120% of Area Mean Income for the full 99-year term. The developer must complete construction within five years of the award or rights revert to the County. The annual development fee is $37,000.00 until lease execution, then initial annual rent of $37,000.00 with a 3% annual increase starting in the third lease year. The property is in Commission District 6, represented by Commissioner Natalie Milian Orbis, who is the Prime Sponsor. The item was introduced on 6/22/2026 and the agenda date is 11/17/2026. The requester is Transportation and Public Works. The County Attorney assigned is Bruce Libhaber. The report notes 'DTPW - No sponsor - pending July cmte - County attorney Bruce Libhbaer - attachments: attachment C- pgs 378'. No public comment or stakeholder sentiment is stated in the document.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue in the 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 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
Resolution approving a development and lease agreement with Pine Development, LLC for a 36-unit affordable housing development on 1.24 acres of County-owned property within the Metrorail right-of-way at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The project includes a four-story building with 36 residential units of approximately 500 square feet each and approximately 1,500 square feet of ground floor retail space. The lease term is 99 years with projected revenue to the County of approximately $21,145,998.12. The status is Deferred. The Housing Committee deferred the item on 7/14/2026. The resolution waives public notice requirements under Resolution No. R-407-19. The Federal Transit Administration has issued written concurrence. The developer must complete construction within five years of the award of the Development Agreement. Residential units will be rented to households with incomes at or below 120% of Area Mean Income for the full 99-year term. The annual development fee is $37,000.00 until execution of the Lease, then initial annual rent of $37,000.00 for the first two lease years, with a three percent annual increase beginning in the third lease year. No public comment or stakeholder sentiment is stated in the document.
- 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
Resolution approving a development and lease agreement with Pine Development, LLC for a 36-unit affordable housing development on 1.24 acres of County-owned property within the Metrorail right-of-way at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The lease term is 99 years with projected County revenue of approximately $21,145,998.12. Status is Deferred. Introduced 6/22/2026. Housing Committee agenda date 7/14/2026, item 3A, action Deferred. Agenda date 11/17/2026, item 8N. Sponsor: Natalie Milian Orbis. Requester: Transportation and Public Works. The resolution waives Resolution No. R-407-19 requiring public notification prior to non-competitive lease of County-owned property. The development includes a four-story building with 36 residential units of approximately 500 square feet each, approximately 1,500 square feet of ground floor retail, parking and green space under the guideway. Units rented to households at or below 120% of Area Mean Income for the full 99-year term. Annual development fee of $37,000 until lease execution, then annual rent of $37,000 for first two lease years, increasing 3% annually from third lease year. Developer must complete construction within five years of award or rights revert to County. Federal Transit Administration issued written concurrence.
- 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
Resolution approving a development and lease agreement with Pine Development, LLC for a 36-unit affordable housing development on 1.24 acres of County-owned property within the Metrorail right-of-way at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The project includes a four-story building with 36 residential units (each approximately 500 square feet) and approximately 1,500 square feet of ground floor retail space. The lease term is 99 years with projected County revenue of approximately $21,145,998.12. Status is Deferred. Introduced 6/22/2026. Housing Committee deferred on 7/14/2026. Agenda date 11/17/2026, agenda item 8N. File number 261132. Applicant/developer is Pine Development, LLC. Sponsor is Natalie Milian Orbis. The resolution waives public notice requirements of Resolution No. R-407-19 and Implementing Order 8-4. The Federal Transit Administration has issued written concurrence. Units will be rented to households at or below 120% of Area Mean Income for the full 99-year term. Annual development fee of $37,000 until lease execution, then annual rent of $37,000 for first two lease years, increasing 3% annually from the third lease year. Developer must complete construction within five years of award or rights revert to County. No public comment sentiment is stated in the document.
- 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
Resolution approving a development and lease agreement with Pine Development, LLC for a 36-unit affordable housing development on 1.24 acres of County-owned property within the Metrorail right-of-way at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The project includes a four-story building with 36 residential units of approximately 500 square feet each and approximately 1,500 square feet of ground floor retail space. The lease term is 99 years with projected County revenue of approximately $21,145,998.12. The status is Deferred as of the Housing Committee meeting on 7/14/2026. The applicant is Pine Development, LLC. The case file number is 261132. The resolution waives Resolution No. R-407-19 requiring public notification prior to non-competitive lease of County-owned property. The Federal Transit Administration has issued written concurrence. The development will be located within the Metrorail corridor and will incorporate the HIA-LINE project. The 36 units will be rented to households with incomes at or below 120% of Area Mean Income for the full 99-year term. The annual development fee is $37,000.00 until lease execution, then annual rent of $37,000.00 for the first two lease years, increasing by three percent annually from the third lease year. The property is in Commission District 6, represented by Commissioner Natalie Milian Orbis, who is the Prime Sponsor. The developer must complete construction within five years of the award date or rights revert to the County. The County Mayor is Daniella Levine Cava. The staff recommendation is to approve. The item was introduced on 6/22/2026 and the agenda date is 11/17/2026. The Housing Committee deferred the item on 7/14/2026 with a due date of 10/14/2026. The requester is Transportation and Public Works. The monitor is Javier Bustamante, Assistant Director, Project Management and Support Services, DTPW. Due diligence found no adverse findings. The property was acquired with partial federal funding. The development will be constructed at the sole expense of the developer. The development will include parking spaces and landscaped green space under the guideway. The resolution authorizes the County Mayor to execute the agreements and provide copies to the County Property Appraiser within 30 days of execution. The resolution waives Implementing Order 8-4. The development is adjacent to the Metrorail guideway and within walking distance of the Hialeah Metrorail Station. The developer must submit detailed construction plans for DTPW approval. The rental restrictions will be administered by the Miami-Dade Department of Housing and Community Development. The estimated total revenue is $21,145,998.12. The development fee and rent are specified. The resolution is pursuant to Section 125.379 of the Florida Statutes. The developer is a for-profit corporation. The lease becomes effective upon satisfying all conditions precedent and obtaining all required development approvals and building permits. The resolution includes renewal and termination provisions. The County Attorney assigned is Bruce Libhaber. The report notes DTPW - No sponsor - pending July cmte - County attorney Bruce Libhbaer - attachments: attachment C- pgs 378. The sponsor is Natalie Milian Orbis. No registered lobbyist is listed. The effective date and expiration date are not stated. The sunset provision is No. The final action is not stated. The cost is not stated. The reference and control are not stated. The version is 0. The agenda item number is 8N. The notes are blank. The indexes are NONE. The legislative history includes actions by the Housing Committee, County Attorney, Roy Coley, and Office of Agenda Coordination. The item was assigned to the County Attorney on 6/23/2026 with a due date of 7/2/2026. Roy Coley assigned the item on 6/22/2026 to the Office of Agenda Coordination. The Office of Agenda Coordination assigned the item to the County Attorney on 6/22/2026 with a due date of 9/1/2026. The Housing Committee deferred the item on 7/14/2026 with a due date of 10/14/2026. The pass/fail is not stated. The document does not state any public comment or stakeholder sentiment.
- Board:
- Housing Committee
- Date:
- 2026-07-14
- Type:
- Resolution
- Decision:
- Deferred
- Address:
- Intersection of East 21st Street and East 4th Avenue in the City of Hialeah, Florida
- Applicant:
- Pine Development, LLC
DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT
Resolution approving a development and lease agreement with Pine Development, LLC for a 36-unit affordable housing development on 1.24 acres of County-owned property within the Metrorail right-of-way at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The project includes a four-story building with 36 residential units (each approximately 500 square feet) and approximately 1,500 square feet of ground floor retail space. The lease term is 99 years with projected County revenue of approximately $21,145,998.12. The status is Deferred as of the Housing Committee meeting on 7/14/2026. The applicant/developer is Pine Development, LLC. The case/file number is 261132. The resolution waives public notice requirements under Resolution No. R-407-19. The Federal Transit Administration has issued written concurrence. The development will be located within the Metrorail corridor near the Hialeah Metrorail Station. The 36 units will be rented to households with incomes at or below 120% of Area Mean Income for the full 99-year term. The developer will pay an annual development fee of $37,000 until lease execution, then annual rent of $37,000 for the first two lease years, increasing by 3% annually thereafter. The property is in Commission District 6, represented by Commissioner Natalie Milian Orbis, who is the Prime Sponsor. The resolution was introduced on 6/22/2026 and the agenda date is 11/17/2026. The Department of Transportation and Public Works is the requester. The development must be completed within five years of the award or rights revert to the County. The developer must submit detailed construction plans for DTPW approval. The project incorporates the HIA-LINE project in coordination with the City of Hialeah. No public comment or stakeholder sentiment is stated in the document.
- 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
Resolution approving a development and lease agreement with Pine Development, LLC for a 36-unit affordable housing development on 1.24 acres of County-owned property within the Metrorail right-of-way at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The project includes a four-story building with 36 residential units (each approximately 500 square feet) and approximately 1,500 square feet of ground floor retail space. The lease term is 99 years with projected County revenue of approximately $21,145,998.12. The status is Deferred. Introduced 6/22/2026, Housing Committee deferred on 7/14/2026, agenda date 11/17/2026. The resolution waives public notice requirements under Resolution No. R-407-19. The Federal Transit Administration has issued written concurrence. The developer must complete construction within five years of award or rights revert to the County. Units will be rented to households at or below 120% of Area Mean Income for the full 99-year term.
- 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
Resolution approving a development and lease agreement with Pine Development, LLC for a 36-unit affordable housing development on 1.24 acres of County-owned property within the Metrorail right-of-way at the intersection of East 21st Street and East 4th Avenue in Hialeah, Florida. The project includes a four-story building with 36 residential units (each approximately 500 square feet) and approximately 1,500 square feet of ground floor retail space. The lease term is 99 years with projected revenue to the County of approximately $21,145,998.12. The status is Deferred as of the Housing Committee meeting on 7/14/2026. The applicant is Pine Development, LLC. The case file number is 261132. The resolution waives public notice requirements under Resolution No. R-407-19. The Federal Transit Administration has issued written concurrence. The development will be rented to residents with household incomes at or below 120% of Area Mean Income for the full 99-year term. The developer must complete construction within five years of the award or rights revert to the County. The property is in Commission District 6, represented by Commissioner Natalie Milian Orbis. The item was introduced on 6/22/2026 and is scheduled for the agenda on 11/17/2026 as item 8N. The resolution also waives Implementing Order 8-4. The developer will pay an annual development fee of $37,000 until lease execution, then annual rent of $37,000 for the first two lease years, increasing by three percent annually from the third lease year. The County Mayor or designee is authorized to execute the agreements. The County Property Appraiser is to receive a copy of the agreements within 30 days of execution. The project is located near the Hialeah Metrorail Station. The developer must submit detailed construction plans for DTPW approval. The developer must incorporate the HIA-LINE project in coordination with the City of Hialeah. No public comment or stakeholder sentiment is stated in the document.
- 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
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