CONCOURSE K CONCESSION PROGRAM AT MIA

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

Miami-Dade County Board of County Commissioners is 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, totaling approximately 19,073 square feet. The projected revenue to Miami-Dade Aviation Department is $62,200,000.00 over an initial 11-year term, with one, one-year option to renew. The term includes two years for construction and nine years for operations. The Concessionaire will be responsible for financing, design, leasing, tenant coordination, construction, and property management. The contract was introduced on 6/24/2026 and has an Agenda Date of 9/1/2026. The vendor, OTG MIA Venture, LLC, is based in New York and is not a local firm. Three other proposals were deemed non-responsive due to failure to submit a revenue proposal. The Living Wage Ordinance applies to this contract.