DLA WITH MQ TMB HOLDINGS LLC

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

Resolution adopted on 7/21/2026 approving a 25-year Development Lease Agreement (with one 5-year renewal option) between Miami-Dade County and MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport (TMB) for development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 and estimated $6,372,695.00 in projected revenue to the County. The development site is located north of the entrance road at SW 128 Street and east of SW 138 Avenue. The project includes a full-service FBO terminal, three aircraft hangars (two 30,000 SF and one 15,000 SF), fuel facilities, concession areas, parking, storage, maintenance and repair, office space, and a flight training school. The lease is subject to conditions precedent including approval from MDAD traffic engineers, consulting engineers, and the Federal Aviation Administration. The resolution also affirms RER's commitment to expedited permit review (maximum five business days). The Aviation and Seaport Committee forwarded the item with a favorable recommendation on 6/8/2026 with amendments. The Board of County Commissioners adopted the resolution on 7/21/2026. The project is expected to create over 60 temporary construction jobs and more than 30 permanent jobs. MQ TMB will provide a Community Benefit to George T. Baker Aviation Technical College with fuel sales donations. MQ TMB agrees to work with FAA, County, and MDAD's Noise Abatement Advisory Board to minimize noise impacts. No public comment or stakeholder sentiment is stated in the document.