CONCOURSE K CONCESSION PROGRAM AT MIA

Aviation and Seaport Committee · 2026-07-13 · resolution

Miami-Dade County Board of County Commissioners is approving the award of a competitive revenue-generating contract, Contract No. EVN0028376, for the Concourse K Concession Program at Miami International Airport (MIA) to OTG MIA Venture, LLC. The contract involves the development and management of 17 retail and food and beverage concession spaces totaling approximately 19,073 square feet in the upcoming Concourse K. The projected revenue to Miami-Dade Aviation Department (MDAD) is $62,200,000.00 over an initial 11-year term, which includes two years for construction and nine years for operations, with one additional one-year option to renew. The Concessionaire will be responsible for financing, design, leasing, tenant coordination, construction, and property management of these spaces. The award was recommended by staff and forwarded with a favorable recommendation by the Aviation and Seaport Committee. The process involved a Request for Proposals issued on August 5, 2025, with four proposals received by November 17, 2025. Three proposals were deemed non-responsive due to failure to submit a revenue proposal. Negotiations with the selected vendor concluded on May 5, 2026. The Concourse K is expected to be available by 2030. Public comment or stakeholder sentiment is not stated in this document.