RESOLUTION APPROVING THE FIRST AMENDMENT TO JOINT DEVELOPMEN

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

Miami-Dade 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 ground leases directly with the County, improving financeability while preserving the Foundation's role in youth housing. 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 (preserving 550 transit-user spaces), and transit-supportive infrastructure. The developer will bear all construction and operational costs for parking facilities, with the County receiving lease revenues. The Board adopted the amended resolution, R-557-26, with a 12-0 vote.