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DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport (TMB). The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 by MQ TMB. The lease term is 25 years with a five-year renewal option. The County anticipates projected revenue of $6,372,695.00 over the initial term. The development will occur in two phases, with Phase 1 completion expected within 36 months and Phase 2 within 60 months of lease execution. The agreement is subject to conditions precedent, including approvals from traffic and consulting engineers and the Federal Aviation Administration (FAA). Public comment is not stated in this document.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport (TMB), north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00. The lease term is 25 years with a five-year renewal option. The development will occur in two phases, with the first phase including hangars, office space, and infrastructure, and the second phase including an aviation school and FBO terminal. The County anticipates projected revenue of $6,372,695.00 over the initial term. The Aviation and Seaport Committee recommended forwarding the resolution to the Board of County Commissioners with amendments. The project requires approval from the Traffic and Consulting Engineers and the Federal Aviation Administration (FAA).
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 by MQ TMB. The lease term is 25 years with a one-year renewal option. The County anticipates an estimated $6,372,695.00 in revenue over the initial term. The development will be completed in two phases, with the first phase including hangars, office space, and infrastructure, and the second phase including an aviation school building and an FBO terminal. MQ TMB is required to invest $3,500,000.00 in each phase. The agreement also includes community benefit provisions related to fuel sales and noise abatement efforts. The DLA is subject to conditions precedent, including approvals from traffic and consulting engineers and the Federal Aviation Administration (FAA).
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport, north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport (TMB). The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 by MQ TMB. The lease term is 25 years with a five-year renewal option. The development will be completed in two phases, with Phase 1 construction expected within 36 months of DLA execution and Phase 2 within 60 months. The County anticipates a minimum revenue of $6,372,695.00 over the initial term. The agreement is subject to conditions precedent, including approvals from traffic and consulting engineers and the Federal Aviation Administration (FAA). MQ TMB will also implement community benefits, including fuel donations and noise abatement efforts.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport (TMB), north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 by MQ TMB. The lease term is 25 years with one five-year renewal option. The County anticipates an estimated $6,372,695.00 in projected revenue over the initial term. The development will occur in two phases, with Phase 1 construction to be completed within 36 months and Phase 2 within 60 months of the DLA execution. MQ TMB is required to invest $3,500,000.00 in each phase. The agreement includes provisions for noise abatement and community benefits, such as fuel donations to George T. Baker Aviation Technical College. The DLA is subject to conditions precedent, including approvals from traffic and consulting engineers and the Federal Aviation Administration (FAA).
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport, north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport (TMB). The project involves developing aviation hangar facilities, a taxi lane, and ancillary infrastructure. MQ TMB Holdings, LLC will invest a minimum of $7,000,000.00. The lease term is 25 years with a five-year renewal option. The county anticipates $6,372,695.00 in revenue over the initial term. The development will occur in two phases, with the first phase including hangars, office space, and infrastructure, and the second phase including an aviation school, maintenance facilities, and an FBO terminal. The agreement is subject to conditions precedent, including approvals from traffic and consulting engineers, and the Federal Aviation Administration (FAA). MQ TMB Holdings, LLC is required to comply with various county ordinances related to small business enterprises, responsible wages, and construction. The project is expected to create over 60 temporary construction jobs and more than 30 permanent jobs.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport, north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00. The lease term is 25 years with a five-year renewal option. The Aviation and Seaport Committee recommended forwarding the resolution to the Board of County Commissioners with amendments. The project is subject to conditions precedent, including approval from traffic and consulting engineers and the Federal Aviation Administration (FAA). MQ TMB will invest $7,000,000.00 in a two-phased development, including hangars, FBO terminal, fuel facilities, and a flight training school. The County anticipates receiving $6,372,695.00 in revenue over the initial term. MQ TMB will also provide community benefits through donations to George T. Baker Aviation Technical College based on fuel sales and will work to minimize noise impacts.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 by MQ TMB. The lease term is 25 years with a one-year renewal option. The County anticipates an estimated $6,372,695.00 in revenue over the initial term. The development will occur in two phases, with the first phase including hangars, office space, and infrastructure, and the second phase including an aviation school building and an FBO terminal. MQ TMB is required to invest $3,500,000.00 in each phase. The agreement includes provisions for noise abatement and community benefits through fuel donations to George T. Baker Aviation Technical College. The project is subject to approval from traffic and consulting engineers and the Federal Aviation Administration (FAA).
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport (TMB), north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport (TMB). The agreement, for a term of 25 years with a one-year renewal option, involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure. MQ TMB Holdings, LLC is required to make a minimum investment of $7,000,000.00. The project includes the construction of a fixed-base operator (FBO) terminal, three aircraft hangars (two 30,000 SF and one 15,000 SF), fuel facilities, concession areas, parking, maintenance and repair space, office space, and a flight training school. The County anticipates an estimated $6,372,695.00 in projected revenue over the initial term. The development will occur in two phases, with the first phase expected to be completed within 36 months of the DLA execution and the second phase within 60 months. The agreement is subject to conditions precedent, including approvals from traffic and consulting engineers and the Federal Aviation Administration (FAA). MQ TMB Holdings, LLC is a new leaseholder at TMB, managed by individuals with aviation and real estate development expertise. The DLA also includes provisions for community benefits, such as fuel donations to George T. Baker Aviation Technical College, and measures to minimize noise impacts on surrounding communities. The agreement is subject to various county ordinances and implementing orders related to construction, wages, and property conveyance.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport (TMB), north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00. The lease term is 25 years with a five-year renewal option. The project is divided into two phases, with Phase 1 construction to be completed within 36 months of DLA execution and Phase 2 within 60 months. The agreement is subject to conditions precedent, including approvals from traffic and consulting engineers and the Federal Aviation Administration (FAA). The Aviation and Seaport Committee recommended forwarding the resolution to the Board of County Commissioners with amendments. No public comment is stated in the document.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Amended (Resolution approved by Aviation and Seaport Committee with favorable recommendation)
- Address:
- Miami Executive Airport
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00. The lease term is 25 years with a five-year renewal option. The Aviation and Seaport Committee recommended forwarding the resolution to the Board of County Commissioners with amendments. The project is subject to conditions precedent, including approval from traffic and consulting engineers and the Federal Aviation Administration (FAA). MQ TMB will invest $3,500,000.00 in Phase 1, with construction completion expected within 36 months of DLA execution. Phase 2, including an FBO terminal and aviation school, is expected to be completed within 60 months of DLA execution. MQ TMB will also implement community benefits, including donations to George T. Baker Aviation Technical College and efforts to minimize noise impacts.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 by MQ TMB. The lease term is 25 years with a one-year renewal option. The County anticipates an estimated $6,372,695.00 in revenue over the initial term. The development will occur in two phases, with Phase 1 construction to be completed within 36 months and Phase 2 within 60 months of the DLA execution. MQ TMB is required to invest $3,500,000.00 in each phase. The agreement includes provisions for noise abatement and community benefits, such as fuel donations to George T. Baker Aviation Technical College. The project is subject to approval from traffic and consulting engineers and the Federal Aviation Administration (FAA).
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport, north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure. MQ TMB Holdings, LLC is required to invest a minimum of $7,000,000.00. The lease term is 25 years with one five-year renewal option. The project is subject to conditions precedent, including approval from traffic and consulting engineers and the Federal Aviation Administration (FAA). The Aviation and Seaport Committee recommended forwarding the resolution to the Board of County Commissioners with amendments. The Board of County Commissioners is expected to approve the DLA.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Amended (Resolution)
- Address:
- Miami Executive Airport, north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement with MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00. The lease term is 25 years with a five-year renewal option. The project is subject to conditions precedent, including approval from traffic and consulting engineers, and the Federal Aviation Administration. Public comment is not stated in this document. The Aviation and Seaport Committee amended the item on 6/8/2026.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport, north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport (TMB). The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure. MQ TMB is required to invest a minimum of $7,000,000.00. The lease term is 25 years with one five-year renewal option. The County anticipates projected revenue of $6,372,695.00 over the initial term. The development will occur in two phases, with Phase 1 construction to be completed within 36 months of DLA execution and Phase 2 within 60 months. The agreement is subject to conditions precedent, including approvals from traffic and consulting engineers and the Federal Aviation Administration (FAA).
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport (TMB), north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport (TMB). The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 by MQ TMB. The lease term is 25 years with a one-year renewal option. The County anticipates an estimated $6,372,695.00 in revenue over the initial term. The development will be completed in two phases, with the first phase including hangars, office space, and infrastructure, and the second phase including an aviation school, maintenance facility, and FBO terminal. The agreement is subject to conditions precedent, including approvals from traffic and consulting engineers and the Federal Aviation Administration (FAA). MQ TMB will also implement community benefits, including fuel donations and noise abatement measures. The agreement is subject to various county ordinances and programs related to small businesses, responsible wages, and construction.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport (TMB), north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 by MQ TMB. The lease term is 25 years with a five-year renewal option. The County anticipates an estimated $6,372,695.00 in revenue over the initial term. The development will be completed in two phases, with the first phase including hangars and associated facilities, and the second phase including an FBO terminal and aviation school facilities. The project requires approval from traffic and consulting engineers, and the Federal Aviation Administration (FAA). MQ TMB will also implement community benefit programs related to fuel sales and noise abatement.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport, north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure, with a minimum investment of $7,000,000.00 by MQ TMB. The lease term is 25 years with a one-year renewal option. The County anticipates an estimated $6,372,695.00 in revenue over the initial term. The development will be completed in two phases, with Phase 1 construction expected within 36 months and Phase 2 within 60 months of the DLA execution. MQ TMB will also implement community benefits including fuel donations to George T. Baker Aviation Technical College and efforts to minimize noise impacts.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport, north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport. The project involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure. MQ TMB Holdings, LLC is required to invest a minimum of $7,000,000.00. The lease term is 25 years with one five-year renewal option. The County anticipates an estimated $6,372,695.00 in projected revenue over the initial term. The development will occur in two phases, with the first phase including hangars, office space, and infrastructure, and the second phase including an aviation school building and an FBO terminal. The agreement is subject to conditions precedent, including approvals from traffic and consulting engineers and the Federal Aviation Administration (FAA). MQ TMB Holdings, LLC is also committed to community benefits, including donations to George T. Baker Aviation Technical College and efforts to minimize noise impacts.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport, north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
DEVELOPMENT LEASE AGREEMENT WITH MQ TMB HOLDINGS
Miami-Dade County is approving a Development Lease Agreement (DLA) with MQ TMB Holdings, LLC for a 310,026 square foot parcel of land at Miami Executive Airport (TMB). The agreement, for a term of 25 years with a one-year renewal option, involves the development of aviation hangar facilities, taxi lane, and ancillary infrastructure. MQ TMB Holdings, LLC is required to make a minimum investment of $7,000,000.00. The project includes the construction of a fixed-base operator (FBO) terminal, three aircraft hangars (two 30,000 SF and one 15,000 SF), fuel facilities, concession areas, parking, maintenance and repair space, office space, and a flight training school. The County anticipates projected revenue of $6,372,695.00 over the initial term. The development will occur in two phases, with completion of Phase 1 expected within 36 months and Phase 2 within 60 months of the DLA execution. The agreement is subject to conditions precedent, including approvals from traffic and consulting engineers and the Federal Aviation Administration (FAA). MQ TMB Holdings, LLC is also committed to community benefits, including fuel donations to George T. Baker Aviation Technical College and efforts to minimize noise impacts.
- Board:
- Aviation and Seaport Committee
- Date:
- 2026-06-08
- Type:
- Resolution
- Decision:
- Approved (Resolution)
- Address:
- Miami Executive Airport (TMB), north of the entrance road at SW 128 Street and east of SW 138 Avenue
- Applicant:
- MQ TMB Holdings, LLC
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