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Concessions Miami wins $150 million contract: firm wins open-market bid to provide concessions at Miami International Airport.


The Miami-Dade County Commission voted unanimously to award black-owned Concessions Miami a 10-year, $150 million deal with Miami International Airport Miami International Airport (IATA: MIA, ICAO: KMIA, FAA LID: MIA) is a public airport located eight miles (13 km) northwest of the central business district of Miami, in unincorporated Miami-Dade County, Florida, United States. . Per the agreement, Concessions Miami will begin construction, financing, subleasing, and management of eight dining facilities within the airport.

The food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods.  provider will invest $7 million to cover design and construction costs, in partnership with Hispanic-owned Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  Restaurant II Corp. Together, the companies will open a variety of franchises, including T.G.I. Friday's T.G.I. Friday's (often referred to as just "Fridays") is a popular American restaurant chain focusing on casual dining, with over 500 restaurants across the United States, Canada, Colombia, Mexico, Australia and the UK, as well as many other countries around the world. , The Coffee Beanery Coffee Beanery is a Flushing, Michigan-based chain of coffee shops operating in the US, Asia, and US Territories. Most are seen in shopping malls and airports that are food court type venues. However there are some actual coffee shops and some have merged with Mrs. Fields Cookies. , Wendy's, and Ku-Va--a 6,000 square-foot Cuban eatery. The first facilities will open this fall, with final renovations completed by 2008.

Albert E. Dotson, Jr., a partner with Miami firm Bilzin Sumberg, who represented Concessions Miami throughout the process, calls the victory a major win. "This was an open-market bid that was not limited to African American African American Multiculture A person having origins in any of the black racial groups of Africa. See Race.  or minority-owned companies. Having a black-owned vendor in charge of concessions at a major gateway to Latin and South America demonstrates that [minority-owned] organizations like Concessions [Miami] can compete extremely well in an open market."

R. Anthony Joseph, president of Concessions International L.L.C., parent company of Concessions Miami, says that once renovations are complete, he projects "revenues of $16 million the first year." Concessions International, L.L.C. was founded in 1979 by Herman J. Russell, founder of H.J. Russell & Co. (No. 16 on the BE INDUSTRIAL/ SERVICE 100 list with $316.94 million in sales).
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Author:Cryer, Alysha N.
Publication:Black Enterprise
Article Type:Brief article
Geographic Code:1U5FL
Date:Jul 1, 2006
Words:236
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