CONCOURSE K CONCESSION PROGRAM AT MIA

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

Miami-Dade County Board of County Commissioners is considering the award of a competitive revenue-generating contract for the Concourse K Concession Program at Miami International Airport. The contract, number EVN0028376, is recommended for award to OTG MIA Venture, LLC. The project involves the development and management of 17 concession spaces (11 food and beverage, 6 retail) totaling approximately 19,073 square feet within the upcoming Concourse K. The projected revenue to the Miami-Dade Aviation Department is $62,200,000 over an initial 11-year term, with one one-year option to renew. The contract requires the concessionaire to provide financing, design, leasing, tenant coordination, construction, and property management. The Concourse K is expected to be available by 2030. The Aviation and Seaport Committee forwarded this item with a favorable recommendation to the Board of County Commissioners.