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 concession spaces consist of 11 food and beverage concessions and 6 retail concessions. The initial 11-year term consists of two years for construction and nine years for operations. 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. The estimated positive fiscal impact to the County for the initial 11-year term is $55,800,000. Should the County choose to exercise the one, one-year option to renew, the estimated cumulative value will be $62,200,000. The contract was adopted by the Board of County Commissioners on 7/21/2026. The vendor, OTG MIA Venture, LLC, is a joint venture partnership 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 on August 5, 2025, and closed on November 17, 2025, with four proposals received. Three proposals were deemed non-responsive by the County Attorney's Office on December 22, 2025, as they failed to submit a revenue proposal. Evaluation meetings were held on January 9, 2026 and January 21, 2026. Negotiations commenced on February 27, 2026, and concluded on May 5, 2026. The concourse is expected to open in 2030. The item was forwarded to the Board of County Commissioners with a favorable recommendation by the Aviation and Seaport Committee on 7/13/2026 and 7/20/2026. The Prime Sponsor is Danielle Cohen Higgins. The item was introduced on 6/24/2026. The final action was on 7/21/2026. The agenda item number was 8P8. 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).