DLA WITH MQ TMB HOLDINGS LLC

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

Resolution R-610-26, File Number 261252, adopted by the Miami-Dade Board of County Commissioners on 7/21/2026, approves a 25-year Development Lease Agreement (DLA) 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). The project is a two-phase development of a fixed-based operator (FBO) aviation hangar facility, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 and estimated $6,372,695.00 in revenue to the County over the initial term. The development site is located north of the entrance road at SW 128 Street and east of SW 138 Avenue. The resolution directs the County Mayor to seek approvals from MDAD traffic engineers, consulting engineers, and the Federal Aviation Administration (FAA) as conditions precedent. The item was introduced on 7/7/2026 and adopted on 7/21/2026. The Aviation and Seaport Committee forwarded it with a favorable recommendation on 6/8/2026 with an amendment adding whereas clauses about RER's dedicated permitting staff and expedited review timeframes. 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 the George T. Baker Aviation Technical College through annual fuel sales donations. MQ TMB agrees to work with the FAA, County, and MDAD's Noise Abatement Advisory Board to minimize noise impacts. The land was valued at $2,000,000.00. The DLA includes a 180-day Due Diligence Period. Phase 1 includes one 30,000 SF hangar and one 15,000 SF hangar with office space, with construction completion within 36 months. Phase 2 includes one 30,000 SF hangar/building for an aviation school and one FBO terminal, with construction completion within 60 months. The project is in District 11, represented by Commissioner Roberto J. Gonzalez, who is the Prime Sponsor. The original item is under File No. 260691.