Photo Credit: Carter Smith / Bloomberg
Business & Opportunities

Black-Owned Latrelle’s Galley Secures $334M Deal With William P. Hobby Airport

January 12, 2023
How Africa News
Photo Credit: Carter Smith / Bloomberg

 

After signing a lucrative deal with the Houston City Council, a Black-owned management company based in Houston, TX, will shine a light on more businesses.

According to Aviation Pros, a $334 million 10-year contract between Latrelle’s Galley and the city of Houston will bring ten restaurants to William P. Hobby Airport.

The restaurants include, but are not limited to:

  • Common Bond
  • The Rustic
  • Velvet Taco
  • Dish Society
  • Pinks Pizza
  • Jersey Mike’s

The deal represents an opportunity for Latrelle’s Galley to pay it forward. The family-owned business got its start at Hobby Airport.

According to Houston Public Media, the company first sold baked goods in the airport in 1985.

“In 1985, my father’s first airport location was a 350-square-foot bakery in Hobby Airport. With today’s decision by this City Council, we will now operate over 17,000 square feet of Hobby Airport’s food and beverage locations. What an opportunity,” said Kenneth James, Chief Financial Officer, Latrelle’s Management, in a statement, according to Houston Public Media. “We are a local, family-owned and operated business. This is proof that given the access to compete on equal footing, small companies can execute large responsibilities. This is a privilege and an honor. We are humbled and grateful.”

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According to Aviation Pros, the Black-owned management company’s focus in the future will be on working on Hobby Airport’s dining destinations, which are expected to generate $73 million in sales and $8 million in net profit for the family-owned company. According to Houston Public Media, the deal is expected to generate nearly 300 new jobs.

“We are bringing ourselves to this project, and we are Houston,” said Cameron James, Operations Director of LaTrelle’s, according to ESSENCE. “Including national brands alongside a curated list of top local brands in our new plans for Hobby Airport was a natural choice for us, rooted in trust and relationships. We put together a proposal that aims to do right by our restaurant operators and the airport alike––everyone wins. When a local, family-owned and operated business like us is given the opportunity to spearhead a venture like this, it also sends an important message to other entrepreneurs: This is something that can happen in this city.”

Beginning in April 2023, construction for the new restaurants will be underway and Hobby Airport goers can expect to see the completion of this project within two years.

 

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