Fraport USA has taken over the management of the retail stores, restaurants and services at Nashville International Airport (BNA).
BNA recorded the sixth consecutive year of traffic growth last year with nearly 16 million passengers travelling through the airport.
The contract was awarded by the Metropolitan Nashville Airport Authority (MNAA) in 2018 through a competitive tendering process.
The 10-year contract will see Fraport USA design, construct, lease and manage the concessions space across the airport’s four concourses in the passenger terminal.
Fraport said that a major airport expansion work will see the development of nearly 12,300m² (over 133,000ft²) of concession space for more than 90 shops, restaurants and service outlets along with areas for seating and entertainment.
The company will spend almost €17m in the BNA concessions development, with further investments are planned by the respective subtenants.
Fraport executive board chairman Dr Stefan Schulte said: “We are pleased to expand Fraport USA’s concessions development and management program to Nashville Airport. Nashville is the second new concessions development to be launched by Fraport USA in less than a year.”
Apart from the Nashville Airport, Fraport USA also develops and manages the retail, food and beverage concessions at Cleveland International Airport, Baltimore / Washington International Airport, New York Kennedy Airport (JFK – JetBlue’s Terminal 5), and Pittsburgh International Airport.
Expansion works are scheduled to be completed by 2023.
Fraport USA is a wholly-owned subsidiary of German airport operator Fraport.