Soffer family wants $5M bond for airport expansion project

Turnberry Airport Holdings is planning a $28M project at Opa-Locka airport

Jeffrey Soffer and Fontainebleau Aviation
Jeffrey Soffer and Fontainebleau Aviation

The Soffer family is requesting a $5 million bond grant to expand its jet center at Miami Opa-Locka Executive Airport.

Turnberry Airport Holdings is seeking approval of the grant from Miami-Dade County’s Economic Development and Tourism Committee on Thursday and then from the county commission in April. The billionaire family would use the county bond for a $27.6 million project at the airport, where it leases 41.4 acres, according to the South Florida Business Journal.

Turnberry’s project calls for a 30,000-square-foot hanger and 57,000-square-foot executive and maintenance office for Fontainebleau Aviation. The county bond money would be used to pay for the public infrastructure.

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The billionaire family’s aviation company would have to meet certain job creation requirements to receive the grant, the newspaper reported. It generated $17.7 million in revenue in 2016, an amount projected to increase to $26 million in 2020 with the expansion. [SFBJ] – Katherine Kallergis