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MNAA and MPC Finance Committee Joint Meeting Agenda May 2026

MNAA Seeks Approval for New American Admirals Club Deal

$12,620,800 (club lease value) + $5,139,200 (office space lease value) + Reimbursable buildout NTE $17,760,000Metropolitan Nashville Airport AuthorityAMERICAN AIRLINESMay 13, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
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Description

MNAA staff recommend approval of a Letter of Agreement and Reimbursable Agreement with American Airlines to relocate and expand the Admirals Club and offices in Concourse A. The deal includes lease values of about $17.76 million for club and office space and reimbursable buildout costs not to exceed $17.76 million through 2028.

Contract Details

Contract Amount

$12,620,800 (club lease value) + $5,139,200 (office space lease value) + Reimbursable buildout NTE $17,760,000

Vendor

AMERICAN AIRLINES

Agency

Metropolitan Nashville Airport Authority, TN

Contract Type

FACILITIES

Document Date

May 13, 2026

Contract Term

10 years, beginning upon club occupancy and running through 2028

Renewal Date

2028-12-31

Renewal Info

Ten‑year lease with reimbursements for buildout; charges and final amounts to be adjusted following completion of design and construction; runs through 2028 with no explicit option terms stated.

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