The City of Miami Beach announced that development firms Terra and Turnberry have successfully secured financing that will help advance the development of Grand Hyatt Miami Beach, an 800-room, 17-story property adjacent to the Miami Beach Convention Center. With pre-construction sitework already completed, the financing paves the way for the project’s groundbreaking, with delivery slated for late 2027.
“The Miami Beach Convention Center Hotel will be a game-changer for our local economy. This project will drive year-round tourism, create new jobs including for our residents, and bring new business to our restaurants, shops, and cultural institutions,” said Miami Beach Mayor Steven Meiner. “It’s a major investment in the long-term economic vitality of Miami Beach.”
Grand Hyatt Miami Beach represents an essential piece of the city’s long-term vision for the Convention Center District. It builds upon the city’s prior $640 million investment to transform the Miami Beach Convention Center into a state-of-the-art facility to host top-tier conventions and conferences. The addition of an integrated headquarter hotel will significantly enhance the competitiveness of the Convention Center by providing on-site accommodations and meeting spaces that are critical to attracting first-rate events. Together, these investments will position the City of Miami Beach as a premier meetings destination, while generating substantial economic and community benefits for years to come.
Designed by Arquitectonica’s Bernardo Fort-Brescia, the property will feature 12 floors of guest rooms, including 52 suites with sweeping views of Miami Beach, along with four floors of meeting and ballroom spaces that will complement the Miami Beach Convention Center’s event programming. Guests will be able to enjoy a resort-style pool deck with panoramic city views, a signature restaurant, lobby lounge and bar, as well as retail space designed to activate the street-level pedestrian experience. Additionally, a climate-controlled skybridge will provide seamless access between the hotel and the Miami Beach Convention Center, enhancing connectivity and convenience for event attendees.
The development also plans to introduce pedestrian-friendly promenades, bike-sharing stations, and connectivity to public transit, aligning with Miami Beach’s broader sustainability and resilience goals while providing access to the city’s nearby Lincoln Road district.
Grand Hyatt Miami Beach has been years in the making, with plans for the hotel overwhelmingly approved by Miami Beach voters in 2018.
The project is a key component of the city’s efforts to transform its Convention Center District into a more dynamic, walkable and economically vibrant hub.
