DEVELOPMENT AND LEASE AGREEMENT WITH PINE DEVELOPMENT

Housing Committee · 2026-07-14 · resolution

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.