DLA WITH MQ TMB HOLDINGS LLC

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

The Miami-Dade Board of County Commissioners adopted Resolution R-610-26 (File Number 261252) on July 21, 2026, approving a 25-year Development Lease Agreement (DLA) with one five-year renewal option between Miami-Dade County as landlord and MQ TMB Holdings, LLC as tenant and developer for a 310,026 square foot parcel at Miami Executive Airport (TMB). The project is for the development of aviation hangar facilities, a taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 and an estimated $6,372,695.00 in projected 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 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 DLA is subject to conditions precedent, including approval from MDAD's traffic engineers and consulting engineers and the Federal Aviation Administration. The resolution also directs the County Mayor to provide an executed copy of the lease to the Property Appraiser's Office within 30 days of lease execution. The Aviation and Seaport Committee forwarded the item with a favorable recommendation on June 8, 2026, with an amendment adding 'whereas' clauses about RER's dedicated permitting staff and expedited review timeframes. No public comment or stakeholder sentiment is stated in the document.