Ocean Aviation broke ground October 7, 2026, on a private aviation campus at Miami Executive Airport with a stated $67 million capital commitment and a 40-acre footprint, according to the Miami-Dade Aviation Department’s October 8 announcement.

Backed by Kennedy Lewis Investment Management, the development calls for up to 400,000 square feet of communal and private hangar space, a passenger terminal and a fuel farm. The groundbreaking marks a development milestone, not the opening of the campus.
The plans extend beyond private aircraft storage. They also include relocating Wings Over Miami Air Museum within the airport and building common-use aircraft-movement infrastructure serving U.S. Customs and Border Protection.
A long-term airport footprint
The project’s roots go back to 2024, when Ocean Aviation was established and a 40-year ground lease covering 40 acres at Miami Executive was executed, the county says. Mayor Daniella Levine Cava describes the site as previously undeveloped airport land.
The $67 million figure is the announced capital commitment. The hangar program is planned capacity, with the county describing a mix of communal and private configurations rather than a single hangar building.
Lemartec will lead delivery under a design-build model, with Schenkel Shultz serving as the design partner. Their announced scope brings together the hangars, terminal and fuel facilities as one aviation campus.
Museum relocation and shared airfield work
Wings Over Miami Air Museum is slated to move to a new home at Miami Executive Airport as part of the development. The plan keeps the museum at the airport rather than relocating it to another site elsewhere in Miami-Dade.
On the airfield, the announced improvements include a 32,000-square-foot common-use taxi lane and a common-use ramp serving U.S. Customs and Border Protection. These are shared aircraft-movement facilities in the project scope, alongside the campus’s private and communal hangars.
Levine Cava projects roughly 2,900 construction jobs and 250 permanent positions associated with the development. Those figures are employment expectations, not a count of workers already hired.
Part of a broader South Florida expansion
The Miami Executive groundbreaking follows Ocean Aviation’s September 2026 acquisition of National Jets at Fort Lauderdale-Hollywood International Airport, according to the county. National Jets will retain its name.
That acquisition and the Miami Executive campus represent separate steps: a completed purchase at Fort Lauderdale-Hollywood and a new development at the Miami-Dade airport.
An opening date, construction schedule and museum-moving timetable remain unspecified, as do visitor-access arrangements during the museum relocation. For the announced campus scope and museum plans, consult the county’s project announcement.






