The agreement, which will immediately bring in revenue for the Miami-Dade Aviation Department, gives the non-profit organization 121 acres around the airport to build hangars, warehouses, office space, and restaurants.  The Carrie Meek Foundation, founded by the former congresswoman, has agreed to invest $110 million over nine years to bring new businesses and money to the property that is now unused. The County’s Aviation Department will also collect annually escalation rent from the organization, starting at $26,630 for 2008.

Commissioner Jordan has advocated unwaveringly for the property’s development since becoming District 1’s commissioner in 2004, working to steer the project through many setbacks.

“I am happy to see that we have seen this very important project through the obstacles,” she said.  “I am excited for the promise of great things to come for the City of Opa-locka, District 1 and the County.”

Opa-locka and surrounding areas stand to benefit directly from any success the development has.  The city, where the airport is located, will receive 10 percent of the foundation’s profits to be spent on job training and business skills development.  According to the agreement with the County, the foundation will use another 20 percent of its profits for job creation, job training and business development. 

The Carrie Meek Foundation is a non-profit organization committed to providing housing, education, economic and health solutions to South Florida communities.