The Daily Dig

Ocean Aviation, backed by Kennedy Lewis Investment Management, broke ground on October 7, 2026, on a $67 million private aviation campus at Miami Executive Airport (KTMB). The plan includes up to 400,000 square feet of hangar space, a new FBO with a premium terminal, and a fuel farm.

The campus sits on a 40-year, 40-acre ground lease that Ocean Aviation signed in 2024. That’s a long runway for a company founded the same year.

Hangar Management

Hangar space will come in both communal and private configurations, adding aircraft storage and operating capacity at the airport.

The airside scope goes beyond buildings. Plans include a 32,000-square-foot common use taxi lane and common use ramp serving U.S. Customs and Border Protection, built to support international general aviation operations.

The project also carries a community piece. The Wings Over Miami Air Museum, home to historic aircraft and aviation artifacts, will relocate to a new home at Miami Executive Airport.

Design-Build, Cleared for Takeoff

Lemartec is leading the project as design-builder, with Schenkel Shultz serving as design partner.

Group President Manny Garcia-Tuñón said, “It is a privilege for Lemartec and the MasTec General Building Group to continue supporting Miami-Dade County and the Miami-Dade Aviation Department while helping bring Ocean Aviation’s vision to life.”

Ocean Aviation’s Executive Chairman, Romain Grosjean, has a career that runs through Formula 1 and IndyCar. What he took from working with some of racing’s sharpest minds: “every detail matters, even the smallest ones.” That’s a fair motto for any job with a fuel farm on the scope.

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Snapshot:

Project: Ocean Aviation flagship aviation campus

Location: Miami Executive Airport (KTMB), Miami

Developer: Ocean Aviation

Financial Backer: Kennedy Lewis Investment Management (approx. $37 billion under management)

Value: $67 million capital commitment

Delivery Method: Design-build

Design-Builder: Lemartec

Design Partner: Schenkel Shultz

Site: 40 acres under a 40-year ground lease, executed in 2024

Hangar Space: Up to 400,000 sq. ft., communal and private

Taxi Lane and Ramp: 32,000-square-foot common use taxi lane and common use ramp, serving U.S. Customs and Border Protection

Scope: FBO, premium terminal, fuel farm, communal and private hangars, common use taxi lane and ramp, relocation of the Wings Over Miami Air Museum

Status: Groundbreaking held October 7, 2026

Target Market: Ultra-high-net-worth individuals, corporate flight departments, and international private aviation operators

Related Asset: National Jets FBO at Fort Lauderdale-Hollywood International Airport (KFLL), acquired September 2026, operating under its existing name

Network: KTMB and KFLL form a dual-airport network serving the Miami and Fort Lauderdale metro

Ocean Aviation Leadership: Romain Grosjean, Executive Chairman

TheJobWalk Thoughts

On design-build, trade partners often come aboard during design, not after the drawings are finished. With ground already broken, some packages here may be spoken for. Subs should ask Lemartec directly what’s still open before building a pursuit around it.

Hangars at this scale typically mean long-span steel and large hangar doors, two items known for long lead times. Suppliers in those lanes could end up setting the pace for the whole schedule.

Work beside active ramps and a fuel farm also narrows the field. Airfield safety and fuel system experience aren’t skills a crew picks up halfway through the job.

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