DLA WITH MQ TMB HOLDINGS LLC

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

Resolution approving a Development Lease Agreement 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 including a fixed-based operator (FBO) terminal, three aircraft hangars (two 30,000 SF and one 15,000 SF), fuel facilities, and ancillary infrastructure. The lease term is 25 years with one five-year renewal option. Minimum investment is $7,000,000.00. Estimated revenue to the County is $6,372,695.00 over the initial term. The resolution was adopted by the Board of County Commissioners on 7/21/2026. The development site is located north of the entrance road at SW 128 Street and east of SW 138 Avenue. The applicant is MQ TMB Holdings, LLC. The case file number is 261252. The decision was adopted. Key dates include introduced 7/7/2026, final action 7/21/2026, and Aviation and Seaport Committee favorable recommendation on 6/8/2026. The project is subject to conditions precedent including approval from MDAD traffic engineers, consulting engineers, and the Federal Aviation Administration. 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. 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 project is in District 11, represented by Commissioner Roberto J. Gonzalez, who is the Prime Sponsor. The resolution was amended at the Aviation and Seaport Committee meeting to add clauses about RER's dedicated permitting staff and expedited review timeframes. No public comment sentiment is stated in the document.