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 retail and food and beverage concession spaces, totaling approximately 19,073 square feet, within the upcoming Concourse K. The projected revenue for Miami-Dade Aviation Department is $62,200,000.00 over an initial 11-year term, with one one-year option to renew. The agreement includes financing, design, leasing, tenant coordination, construction, and property management of the concession locations. The project is part of MIA's modernization initiative to enhance passenger experience and generate non-aeronautical revenue. The award was recommended by staff and approved by the Board.