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, number 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 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 Board of County Commissioners is authorizing the award and the County Mayor or designee to execute the agreement. The contract is expected to generate significant non-aeronautical revenue and enhance the passenger experience. The RFP was issued August 5, 2025, with four proposals received by November 17, 2025. Three proposals were deemed non-responsive due to failure to submit a revenue proposal. Negotiations concluded May 5, 2026. The Concourse K is expected to be available by 2030. Public comment is not stated in this document.