DLA WITH MQ TMB HOLDINGS LLC

Board of County Commissioners · 2026-07-21 · resolution

Miami-Dade County Board of County Commissioners is considering a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00. The lease term is 25 years with a five-year renewal option. The Aviation and Seaport Committee recommended approval with amendments related to expedited permit review. The DLA is subject to conditions precedent, including approval from traffic and consulting engineers and the Federal Aviation Administration (FAA). Public comment is not stated in this document. The project is expected to create over 60 temporary construction jobs and more than 30 permanent jobs.