RESOLUTION APPROVING THE FIRST AMENDMENT TO JOINT DEVELOPMEN

Board of County Commissioners · 2026-06-16 · resolution

Miami-Dade County Board of County Commissioners approved the first amendment to a Joint Development Agreement for the Palmetto Station Transit-Oriented Development Project. This amendment restructures the project to allow developers to enter into ground leases directly with the County, improving financeability. The project will include a minimum of 929 workforce and community housing units, with an optional future phase for an additional 212 units. It will also feature commercial space, station improvements, structured parking facilities (preserving 550 transit-user spaces), and transit-supportive infrastructure. The County will receive lease revenues without responsibility for construction or operational costs. The Board also approved the Phase I Ground Lease Agreement and authorized the County Mayor to execute agreements and take necessary actions to implement the project. The resolution was amended and passed by a 12-0 vote.