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 Contract No. EVN0028376 for the Concourse K Concession Program at Miami International Airport to OTG MIA Venture, LLC. This revenue-generating contract is projected to yield $62,200,000.00 for the Miami-Dade Aviation Department over an initial 11-year term with one one-year renewal option. The scope includes the development and management of 17 concession spaces (11 food and beverage, 6 retail) totaling approximately 19,073 square feet within the new Concourse K, expected to be available by 2030. The contract requires the concessionaire to provide financing, design, leasing, tenant coordination, construction, and property management. The Aviation and Seaport Committee forwarded the item to the Board with a favorable recommendation on July 13, 2026. The Board of County Commissioners is scheduled to consider this item on September 1, 2026. Public comment is not stated in this document.