DLA WITH CR AVIATION LEASING, LLC

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

Resolution approving a Development Lease Agreement between Miami-Dade County and CR Aviation Leasing, LLC for a 222,870 square foot parcel at Miami Executive Airport. The lease is for 30 years with one five-year renewal option, for development of aviation hangar facilities and ancillary infrastructure, with a minimum investment of $4,000,000.00 and estimated $5,188,663.00 in rent and other revenue over the initial term. The resolution was adopted by the Board of County Commissioners on 7/21/2026. The project includes demolition of Buildings 109, 109A, and 109B, and construction of a 40,000 square foot hangar. 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 document states no public comment or stakeholder sentiment beyond the committee amendment.