Ocean Aviation, backed by Kennedy Lewis Investment Management, broke ground on a new private aviation campus at Miami Executive Airport, representing a $67 million capital commitment.
The development is planned to include up to 400,000 square feet of communal and private aircraft hangar space, a premium fixed-base operator terminal, and a fuel farm.
Ocean Aviation was established in 2024 after entering into a 40-year ground lease covering 40 acres at Miami Executive Airport.
The company expanded its South Florida presence in September 2026 by acquiring National Jets at Fort Lauderdale-Hollywood International Airport.
National Jets will continue operating under its existing name.
Together, the Miami Executive and Fort Lauderdale locations form a dual-airport network serving the broader Miami-Fort Lauderdale private aviation market.
The Miami development will also include a 32,000-square-foot common-use taxi lane and common-use ramp serving U.S. Customs and Border Protection.
Another component of the project will relocate the Wings Over Miami Air Museum to a new home at Miami Executive Airport.
Lemartec is leading the project through a design-build model, with Schenkel Shultz serving as design partner.
KEY QUOTES:
“Breaking ground at Miami Executive Airport is a defining milestone for our company. It allows us to create a flagship aviation campus built around the needs of aircraft owners, operators and flight departments, and to set a new standard for the FBO experience in South Florida.”
Romain Grosjean, Executive Chairman of Ocean Aviation
“Today’s groundbreaking reflects our continued conviction in the South Florida market and our commitment to building a world-class FBO platform.”
David Chene, Managing Partner of Kennedy Lewis Investment Management
