CONCOURSE K CONCESSION PROGRAM AT MIA

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

Miami-Dade County Board of County Commissioners approved 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 involves the development and management of 17 concession spaces (11 food and beverage, 6 retail) totaling approximately 19,073 square feet. The projected revenue for Miami-Dade Aviation Department is $62,200,000.00 over an initial 11-year term (two years for construction, nine for operations) with one one-year option to renew. The Concessionaire will be responsible for financing, design, leasing, tenant coordination, construction, and property management. The project is part of MIA's modernization initiative and aims to enhance passenger experience and generate non-aeronautical revenue. The award was recommended by staff and approved by the Board. Public comment is not stated in this document.