Page 6 - Special Issue Asutil Conference 2025

INSIDER

Miami International Airport to expand passenger capacity with
new Concourse K

The Miami-Dade County Board of
County Commissioners last month approved
the construction of New Concourse K
at Miami International Airport (MIA),
a transformative infrastructure project
marking a significant milestone in MIA’s
ambitious $9 billion Future-Ready
Modernization in Action plan.
With an investment of $600.6 million,
this expansion will deliver six new gates,
a ground support equipment maintenance
facility, enhanced baggage handling
systems, and critical upgrades to airfield
infrastructure — all designed to meet the
growing demand for passenger traffic. The Rendering of the new Concourse K at Miami International Airport
Modernization in Action plan positions MIA
to accommodate 77 million passengers and The project includes: * Upgrades to the existing baggage
5 million tons of cargo by 2040. * Design and construction of six new handling system to connect the Central and
This will be the first terminal contact gates South Terminals
expansion at MIA since 2007, said Miami- * Construction of an associated aircraft * Envision LEED Silver certification for
Dade County Mayor Daniella Levine Cava. apron and jet fuel hydrant system sustainable infrastructure
Construction of Concourse K is set to begin * A ground support equipment maintenance Lemartec-NV2A JV, LLC has been
following a ceremonial groundbreaking this facility
summer and is scheduled for completion by * Installation of two new baggage make-up awarded the general contractor contract,
with Perez & Perez Architects Planners,
Spring 2029. carousels
Inc. serving as the lead architect.
Miami Dade approves $330 million investment to transform MIA concessions

The Miami-Dade Board of County spaces and $1,000 per square foot for F&B innovative, world-class brands.
Commissioners unanimously approved a spaces- nearly double current industry This modernization plan is expected
landmark investment package to overhaul standards. to generate approximately $1 billion in
concessions at Miami International Airport The modernization plan also calls for revenue over the 12-year term, reinforcing
(MIA) in April. cutting-edge technology, including mobile MIA’s role as an economic powerhouse for
The legislation secures a minimum ordering, AI-powered inventory systems, Miami-Dade County.
guaranteed investment of $267 million, and multi-order point-of-sale options as Additionally, the agreement ensures
with an additional $64.5 million well as strict enforcement of renovation compliance with the county’s Living Wage
contingent on a lease extension—bringing deadlines and accountability from ordinance, guaranteeing wages of at least
the total potential investment to over $330 concessionaires. $21.67 per hour, more than 60% above the
million. Additionally, Commissioner Cohen state’s minimum wage.
The proposal was sponsored by Higgins is spearheading new Requests
Commissioner Danielle Cohen Higgins, for Proposals
Vice Chair of the Airport Committee, who, (RFPs) for Editor/Publisher: Lois R. Pasternak
calling it “a transformative milestone for concessionaire In Memoriam: Paul A. Pasternak
MIA,” says that the investment will secure opportunities in Executive Editor: Michael Pasternak
MIA’s “status as the Gateway to Latin the upcoming Editorial Contributors: John Gallagher
America and the Caribbean.” Terminal K, as Production Coordinator & Designer: Chris Hetzer
Among the changes will be a shift to well as unleased Design and Production: It’s About Time, Inc.
Webmaster: Michael Pasternak
63% food and beverage (F&B) and 37% spaces in the Printing by The Printer’s Printer. Ft. Lauderdale, Florida
retail. North Terminal This publication is a special supplement of Travel Markets Insider, published
The key provisions of the agreement and other high- by Pasternak Communications, Inc., 255 NE 3rd Ave No. 312, Delray Beach,
also call for expanded opportunities for traffic areas, FL. 33444 USA. www.travelmarketsinsider.net
E-mail: editor@travelmarketsinsider.net
small and minority-owned businesses, with the goal to Tel (954) 261-8653
ensuring greater participation in broaden vendor Travel Markets Insider is a weekly newsletter distributed 50 times a year
concession contracts and supporting local diversity and via e-mail, on a subscription basis only.
The annual subscription is US$200. Printed in the USA. All rights reserved.
entrepreneurs, and a minimum investment enhance MIA’s © 2025 by Pasternak Communications, Inc.
of $850 per square per square foot for retail offerings with

ASUTIL Special Issue June 2025 6