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 for a 25-year term with one five-year renewal option, 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. 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 project includes a full service FBO terminal, three aircraft hangars, fuel facilities, concession areas, parking and storage, maintenance and repair, office space, a flight training school, and associated pavement and infrastructure. The development will be in two phases. The first phase includes one 30,000 SF aircraft storage hangar and a 15,000 SF aircraft storage hangar with associated office space, ramp and vehicle parking, airside development, infrastructure, utilities and roadway improvements. The second phase includes one 30,000 SF hangar/building for an aviation school, maintenance, and training purposes, as well as one FBO terminal. The DLA includes a 180-day Due Diligence Period. The County will have ownership of all improvements upon completion. The project is estimated to create over 60 temporary construction jobs and more than 30 permanent jobs. MQ TMB will provide a Community Benefit through private agreements with the George T. Baker Aviation Technical College, donating per gallon of fuel sold. MQ TMB agrees to work with the FAA, the County, and MDAD's Noise Abatement Advisory Board to minimize potential adverse impacts to surrounding communities, including noise impacts. The resolution directs the County Mayor to seek approval from the traffic and consulting engineers and from the Federal Aviation Administration. The item was amended at the Aviation and Seaport Committee meeting on 6/8/2026 to add whereas clauses addressing RER's dedicated permitting staff, expedited review of building permits, committed review timeframes, and the Board's affirmation of its commitment to expediting permit review at MDAD. The amendment was proffered by Vice Chairman Gonzalez. No public comment or stakeholder sentiment is stated in the document.