A $67 million aviation campus breaks ground at Miami Executive Airport
· Under construction
Up to 400,000 square feet of private-jet hangars, a new terminal and a fuel farm on 40 acres of untouched airport land: Ocean Aviation has started building its flagship campus in southwest Miami-Dade.
The headline
Shovels in the ground for business aviation
Ocean Aviation, backed by Kennedy Lewis Investment Management, broke ground in early October on a new campus at Miami Executive Airport, the county-run airport in southwest Miami-Dade. The Miami-Dade Aviation Department announced it on October 8.
The project is a $67 million capital commitment on 40 previously undeveloped acres, under a 40-year ground lease.
- Investment
- $67 million capital commitment
- Site
- 40 acres at Miami Executive Airport, southwest Miami-Dade (not Miami International)
- Plans
- Up to 400,000 sq ft of shared and private hangars, a premium terminal and a fuel farm
- Jobs
- About 2,900 construction jobs and 250 permanent positions, according to the announcement
- Status
- Groundbreaking held; no opening date announced
Why it matters · Our view
Private aviation follows wealth, and Miami has drawn plenty of it. More hangar space at Miami Executive means more room for business jets close to Kendall, Coral Gables and South Dade, the same part of the county now courting aerospace and defense-tech employers. Unlike many announcements, this one has moved to construction.
Still to be confirmed
An opening date and how the campus will be phased have not been announced.
Sources
- Miami-Dade Aviation Department — official announcement, October 8, 2026 (opens in a new tab) (includes the official rendering and ceremony photos)
- Trade & Industry Development, October 9, 2026 (opens in a new tab) (acreage, lease, jobs)
- Aviation Week, October 9, 2026 (opens in a new tab)
Related: South Dade makes a new aerospace and defense tech bet →