DLA WITH CR AVIATION LEASING, LLC

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

The Miami-Dade Board of County Commissioners adopted Resolution R-611-26 (File Number 261253) on 7/21/2026, approving a 30-year Development Lease Agreement with one five-year renewal option between Miami-Dade County and CR Aviation Leasing, LLC for a 222,870 square foot parcel at Miami Executive Airport. The project involves demolition of Buildings 109, 109A, and 109B and construction of a 40,000 square foot aviation hangar with associated pavement, office space, and infrastructure. Minimum investment is $4,000,000.00, with estimated rent and other revenue of $5,188,663.00 over the initial term, plus $1,620,000.00 in improvement rent. The agreement is subject to conditions precedent including approval from MDAD traffic engineers, consulting engineers, and the Federal Aviation Administration. The Aviation and Seaport Committee forwarded the item with a favorable recommendation on 6/8/2026 with an amendment adding whereas clauses about RER's dedicated permitting staff and expedited permit review. The item was introduced on 7/7/2026 and adopted on 7/21/2026. The document states no public comment or stakeholder sentiment was received.