Balfour Beatty Begins Construction on Grand Hyatt Miami Beach

Balfour Beatty Begins Construction on Grand Hyatt Miami Beach

GPRS safety partner Balfour Beatty has officially broken ground on the Grand Hyatt Miami Beach, a major hospitality project in Florida.

The $385 million construction contract encompasses a 17-story, 996,130-square-foot hotel at the corner of 17th Street and Convention Center Drive. The development will feature 800 guest rooms, including 52 suites, along with meeting and convention facilities and ground-level retail spaces.

Artist rendering of Grand Hyatt Miami Beach in Florida.

(Rendering courtesy of Balfour Beatty via Engineering News-Record) GPRS safety partner Balfour Beatty has begun construction on the Grand Hyatt Miami Beach in Florida.

 

According to a press release from Balfour Beatty, the project is being developed for MB Mixed Use Investment, LLC – a joint venture between Terra Group and Turnberry. Once completed, the hotel will serve as the centerpiece of the Miami Beach Convention Center District, aiming to elevate the area into a premier global destination for meetings and conventions.

“We are excited to partner with Terra Group and Turnberry, two highly regarded developers in South Florida, to deliver this transformative project for the Miami Beach community,” said Scott Skidelsky, Balfour Beatty’s President of Southeast Buildings Operations. “This project further strengthens our diverse business portfolio in South Florida, where hospitality continues to be an anchor market sector throughout Florida. We look forward to leveraging the experience of our South Florida team, who bring extensive expertise in the successful delivery of high-rise projects, hospitality and convention spaces.”

Construction is expected to wrap up by late 2027. At peak activity, the project will employ over 500 workers, Balfour Beatty reports.

The Grand Hyatt will offer a resort-style pool deck with sweeping views, five dining and beverage venues – including a signature restaurant – a lobby lounge and bar, and wellness amenities such as a fitness center and spa. Designed by Arquitectonica, the hotel will include a podium with street-level retail and dining options, as well as a covered drop-off area accessible from two adjacent streets.

As noted on the Miami Beach Convention Center’s website, the hotel is designed to blend seamlessly with nearby cultural landmarks like the New World Symphony and the Miami Beach Botanical Garden.

“Grand Hyatt Miami Beach is a major investment in our city’s future – bringing jobs, quality year-round tourism, and long-term economic growth,” Miami Beach Mayor Steven Meiner told the MBCC. “Miami Beach remains a sought-after destination for its beauty and growing reputation as a safe, strong, and sophisticated city. This groundbreaking is further evidence that investor confidence in Miami Beach has never been higher.”

“This is a defining moment for our convention and trade show eco system,” added David Whitaker, President & CEO of the Greater Miami Convention & Visitors Bureau (GMCVB). “Grand Hyatt Miami Beach will further strengthen our ability to compete for premier meetings, trade shows and conventions by offering a level of integration and convenience that meeting planners increasingly value. With direct access to our state-of-the-art Miami Beach Convention Center and the vibrant energy of Miami Beach just steps away, this hotel adds an exciting new dimension to the experience we offer.”

Engineering News-Record reports that the project is partially funded by a $75 million grant awarded by the Miami Beach Redevelopment Agency in late 2024. Balfour Beatty was selected for the build in 2023, following its successful delivery of the $1.2 billion Broward Convention Center & Hotel expansion.

“The company’s reputation as a premier hospitality builder in Florida as well as its continued commitment to delivering transformative projects that enhance communities throughout the state were key factors in being selected for this development [in Miami Beach],” Balfour Beatty said in its press release. “Balfour Beatty brings significant hospitality and convention center expertise to the project…”

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