CONCOURSE K CONCESSION PROGRAM AT MIA

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

The Board of County Commissioners adopted Resolution R-655-26, File Number 261157, approving the award of a competitive revenue-generating contract, Contract No. EVN0028376, for the Concourse K Concession Program at Miami International Airport, to OTG MIA Venture, LLC. The contract is for the development and management of 17 retail and food and beverage concession spaces encompassing approximately 19,073 square feet in the upcoming Concourse K. The projected revenue is $62,200,000.00 for an initial 11-year term, consisting of two years for construction and nine years for operations, and one, one-year option to renew. The final action was on July 21, 2026. The estimated positive fiscal impact to the County for the initial 11-year term is $55,800,000. The concessionaire is expected to provide financing, design, leasing, tenant coordination, construction and property management of the concession locations. The concession spaces will consist of 11 food and beverage concessions and 6 retail concessions. The contract was recommended by the Aviation and Seaport Committee on July 13, 2026, and forwarded to the Board of County Commissioners on July 20, 2026. The item was introduced on June 24, 2026. The vendor, OTG MIA Venture, LLC, is a joint venture partnership comprised of OTG Concessions Management (50%) and KFIT F&B Holdings II, LLC (50%). The vendor's principal address is 352 Park Avenue, 10th Floor, New York, NY. The vendor is non-local. Three other vendors were not recommended for award: Blue Mountain Coffee House, Cheeseburger Baby Sobe, Inc. DBA Cheese Burger Baby, and Munz Co-MitbahLab-Mr.Edd.CocktailCeviche Gourmet, LLC. The three non-recommended vendors were deemed non-responsive by the County Attorney's Office as they all failed to submit a revenue proposal. The new concession spaces are expected to be available by 2030, subject to the existing construction schedule. The Living Wage Ordinance applies. The item is located within District 6, represented by Commissioner Natalie Milian Orbis, but the impact is countywide in nature. The projected revenue is based on the vendor providing a percentage fee of 18% for alcohol sales and 12% and 14% for all other retail and food and beverage sales, respectively. The document does not state any public comment or stakeholder sentiment.