State of Alaska Online Public Notices Public Notices
Lease Agreement ADA-30271 HMS Host at Ted Stevens Anchorage International Airport
Submitted by: civey/25
Date Submitted: 11/06/2009 08:58 AM
Date Modified: 11/09/2009 09:06:17 AM
Ak Admin Journal: [not printed]
    Attachments: No files attached


Lease Agreement ADA-30271 HMS Host at Ted Stevens Anchorage International Airport

Category: Public Notices
Sub-Category: Airport Leasing
Department: Transportation & Public Facilities
Publish Date: 11/06/2009Location: Central Region
Coastal District: N/A

Body of Notice:

NOTICE OF PROPOSED REPLACEMENT FOOD AND BEVERAGE AGREEMENT TO EXPAND, EXTEND, AND MODIFY EXISTING CONCESSION: The State of Alaska, Department of Transportation and Public Facilities (DOT&PF), proposes to replace most of the existing Food & Beverage Concession Agreement at the Ted Stevens Anchorage International Airport between the DOT&PF and Host International, Inc., with a new concession agreement. That portion of the existing agreement ADA-30271 that expires in August 31, 2010, would be replaced with a new non-exclusive food and beverage concession agreement, ADA-31641, covering significantly expanded South Terminal premises and expiring December 31, 2020. This replacement and extension would apply to all premises now leased to Host International, Inc. under ADA-30271, other than the newly opened McDonald’s location and North Terminal facilities, and would add three new food and beverage locations in the newly redeveloped portions of the South Terminal. McDonald’s USA, LLC would take assignment of ADA-30271 as to the McDonald’s location, which agreement expires August 31, 2017. APPLICANT: Host International, Inc. TERMINAL SPACE: The total square footage is proposed to be reduced from 29,179 s.f. to 26,800 s.f. The change in square footage is due to the net effect of the deletion of the North Terminal space following a transition period (7,022 s.f.); assignment of the McDonald’s location (2,088 s.f.); the extension of the term for the spaces in the South Terminal operated as Café del Mundo, Chili’s Too, Legend’s Lounge, Quizno’s, Starbucks (airside and landside) and Upper One (11,203 s.f.) and support space (8,866 s.f.); and the addition of new Concourse B and Concourse C retail locations (5,597 s.f.) and support space (1,134 s.f.). FINANCIAL TERMS: Build-out of Host facilities is expected to cost a minimum of approximately $1,959,400. In consideration of Host’s expansion, extension and costs to build-out new facilities, the current concession fee of 7% for gross sales under $12,000,000, plus 11% for gross sales over $12,000,000, would be increased to 13% for Food and Beverage and 15% for alcoholic beverages and approved incidental merchandise.

Comments regarding this replacement, extension and modification may be submitted in writing to: Ted Stevens Anchorage International Airport Leasing, Department of Transportation and Public Facilities, P.O. Box 196960, Anchorage, Alaska, 99519-6960, but must be received by 5:00 P.M. on or before December 6, 2009. Persons with a disability, who require special accommodations while gathering information on this file, should contact Concessions Manager Javier O. Robinson at telephone number (907) 266-2688, text telephone (TDD) 266-2686.

The Department reserves the right to correct technical defects in the premises' description, lease term, or the purposes of any lease issued and reject any or all applications.

Revision History:
11/06/2009 08:58:24 AM by civey/25/State/Alaska/US
11/09/2009 08:55:30 AM by civey/25/State/Alaska/US
11/09/2009 09:06:17 AM by civey/25/State/Alaska/US

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