Two 10-year contracts for food and beverage concessions for Los Angeles International’s (LAX) Terminals 4, 7 and 8 were approved by the Board of Airport Commissioners on May 16.
The new concessions, almost all of which are concepts based in the city of Los Angeles or Southern California, are expected to be built out through 2012.
“The competition resulted in a slate of new food and beverage establishments representing some of L.A.’s most sought-after restaurants and celebrity chefs,” says Los Angeles World Airports Executive Director Gina Marie Lindsey. “We have a cast of new, talented and proven restaurants that will help put the ‘L.A.’ back into ‘LAX.'”
Packages were awarded to:
● Host International Inc. (Package 1A for Terminal 4): Campanile; Cole’s; 8oz. Burger Bar; L.A. Gourmet Street Truck; La Provence Patisserie & Café©; Real Food Daily; and Starbucks.
● CMS/Camacho Ventures (Package 1C for Terminals 7 and 8): Seven Grand and BLD; ¡Lotería! Grill; Marmalade Café©; The Counter; Yogurtland; and Coffee Bean & Tea Leaf.
The Terminal 4 concession agreement is expected to return to LAWA $4.125M for the first year, and a minimum of $41.25M over the 10-year term. Terminals 7 and 8 are expected to return $1.7M for the first year, and a minimum of $17M over 10 years.
The contracts are now subject to approval by the Los Angeles City Council.
