CONCOURSE K CONCESSION PROGRAM AT MIA

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

Resolution approving award of a competitive revenue-generating contract, Contract No. EVN0028376, Concourse K Concession Program at Miami International Airport, to OTG MIA Venture, LLC with projected revenue of $62,200,000.00 for an initial 11-year term and one, one-year option to renew for Miami-Dade Aviation Department. The contract provides for the development and management of 17 retail and food and beverage concession spaces encompassing approximately 19,073 square feet in the upcoming Concourse K. The concessionaire will provide financing, design, leasing, tenant coordination, construction and property management. The 17 spaces consist of 11 food and beverage concessions and 6 retail concessions. The projected revenue is based on the vendor providing a percentage fee of 18% for alcohol sales and 12% and 14% for all other retail and food and beverage sales, respectively. Estimated positive fiscal impact to the County for the initial 11-year term is $55,800,000. Should the County exercise the one, one-year option to renew, the estimated cumulative value will be $62,200,000. The contract term consists of two years for construction and nine years for operations. The concession spaces are expected to be available by 2030, subject to the existing construction schedule. The joint venture partnership is comprised of OTG Concessions Management (50%) and KFIT F&B Holdings II, LLC (50%). The vendor principal address is 352 Park Avenue, 10th Floor, New York, NY. The vendor is non-local. The RFP was issued August 5, 2025, and closed November 17, 2025. Four proposals were received. The County Attorney's Office deemed three proposals non-responsive on December 22, 2025, as they all failed to submit a revenue proposal. Evaluation meetings were held January 9, 2026 and January 21, 2026. Negotiations commenced February 27, 2026, and concluded May 5, 2026. The Board of County Commissioners adopted the resolution on July 21, 2026. The Aviation and Seaport Committee forwarded to BCC with a favorable recommendation on July 13, 2026. The item was introduced on June 24, 2026. The Living Wage Ordinance applies. The two percent User Access Program does not apply. The Small Business Enterprise Selection Factor and Local Preference do not apply. Vendors not recommended for award: Blue Mountain Coffee House (non-responsive), Cheeseburger Baby Sobe, Inc. DBA Cheese Burger Baby (non-responsive), Munz Co-MitbahLab-Mr.Edd.CocktailCeviche Gourmet, LLC (non-responsive).