CONCOURSE K CONCESSION PROGRAM AT MIA

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

This legislative item concerns the approval of a competitive revenue-generating contract for the Concourse K Concession Program at Miami International Airport. The contract, numbered EVN0028376, is awarded 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 for 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 Board of County Commissioners is authorizing the award and the County Mayor or designee to execute the agreement. The process involved a Request for Proposals issued August 5, 2025, with four proposals received. Three were deemed non-responsive due to missing revenue proposals. Negotiations concluded May 5, 2026. The Concourse K is expected to be available by 2030. Public comment is not stated in this document.