LANDMARK - FOURTH AMENDMENT

Board of County Commissioners · 2026-05-19 · resolution

Miami-Dade County Board of County Commissioners adopted a resolution approving the Fourth Amendment to a Lease and Development Agreement with Landmark QOZB Construction, LLC. This amendment modifies the development of approximately 92.95 acres located at 20000 NW 47 Avenue, Miami, Florida (Folio Number: 30-1131-001-0030). Key changes include reducing the affordable housing component to no less than 190 units, reducing retail space to a minimum of 24,000 square feet, and reducing warehouse space to a minimum of 1,377,000 square feet. The project will now include the construction of 9.16 acres of recreation and sports facilities, a 36,550 square foot indoor community center, and a 14.72 acre linear park, all to be owned and operated by the County. The lease renewal option has been extended from 30 years to 37 years for the second renewal. The total projected income to the County over the lease term is $668,492,732. The applicant is required to create 100 new full-time jobs and will contribute to local educational programs and scholarships. The document also details modifications to the development phases and financial investment requirements.