Balfour Beatty is preparing to begin construction at the Grand Hyatt Miami Beach Hotel, a development of 996,130 square meters that will serve as the central anchor of the city’s Convention Center District. Approved by voters in 2018, the project will serve as the first Grand Convention Hotel of Miami Beach next to and connected with the recently reformed Miami Beach Convention Center.
The construction service contract, valued at $ 385 million, calls for Balfour Beatty to deliver a 17 -story hotel of 800 rooms designed for a joint company by local developers Terra Group and Turnberry, Balfour Beatty announced on April 29. Designed by Bernardo Fort-Bescia, by Lead Architectonica Architect, the project will include four floors from the interior/exterior of the meeting room and the meeting room with 100,000 SQ FT, more than 50 Samares with more than 50 suites with more than 50 hours with more than 50 Samares with more than 50 Samares with 50,000 SQ FT, with more than 50 SQ FT, with more than 50 sq ft. Views of the city, a tourist -style pool cover, sales areas on the ground floor and a pedestrian skybridge controlled by climate that connects the complex with the Convention Center. Parking will also be provided for more than 300 vehicles.
Balfour Beatty was selected for the project by 2023 and completed the place preparation work. Dollar $ 392 million Loan of developers for the project follows a grant of $ 75 million granted through the Miami Beach Redevolution Agency at the end of 2024, highlighting the role of the project as an economic driver for the region. Although no global cost of the project has been announced, estimates amounted to $ 600 million, according to reports. Construction is scheduled for completion by the end of 2027.
According to the Convention Center, the development also plans to introduce new public spaces, pedestrian walks, bicycle sharing stations and connectivity with public transport, aligning with the wider goals of sustainability and resilience of Miami Beach, while providing access to other attractions such as the new world center, the Art Museum and Miami Beach Botanical Garden.
The start of the Miami Beach Grand Hyatt project comes when Balfour Beatty approaches the Broward’s 1.2 million $ 1.2 million conventions and the hotel’s expansion in Fort Lauderdale. In addition to adding more than 525,000 square meters of meetings and events, the project includes a new omni hotel of 29 floors, 800 bedrooms and a central energy plant of 36,000 square meters.
