CONCOURSE K CONCESSION PROGRAM AT MIA

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

Miami-Dade County Board of County Commissioners is considering the award of a competitive revenue-generating contract for the Concourse K Concession Program at Miami International Airport. The contract, number EVN0028376, is recommended for award to OTG MIA Venture, LLC. This program involves the development and management of 17 retail and food and beverage concession spaces, totaling approximately 19,073 square feet, within the new Concourse K. The projected revenue to the Miami-Dade Aviation Department over an initial 11-year term with one one-year option to renew is $62,200,000. The contract requires the concessionaire to provide financing, design, leasing, tenant coordination, construction, and property management. The project advances MIA's modernization efforts and aims to enhance passenger experience and generate non-aeronautical revenue. The contract is expected to be effective upon final action by the Board.