Balfour Beatty Breaks Ground on Miami Beach Hotel

GPRS safety partner Balfour Beatty has begun construction on the Grand Hyatt Miami Beach in Florida.

The $385 million construction services contract calls for the delivery of a 17-story, 996,130 s.f. hotel located at the intersection of 17th Street and Convention Center Drive, which will include 800 guestrooms – including 52 suites – as well as convention and meeting space, and ground floor retail areas.

According to a press release issued by Balfour Beatty, the construction company is undertaking the development on behalf of MB Mixed Use Investment, LLC, a partnership between developers Terra Group and Turnberry.

Once complete, the hotel will serve as the central anchor of the Miami Beach Convention Center District, “transforming the city’s convention center campus into a desirable meeting and convention destination worldwide,” the press release states.

“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.”

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.

Construction on Grand Hyatt Miami Beach is scheduled for completion in late 2027. Balfour Beatty says the project will employ more than 500 workers at peak construction.

The hotel will feature a resort-style pool deck with panoramic views, five food and beverage outlets including a signature restaurant, a lobby lounge and bar, and fitness and spa facilities. The hotel’s design is being overseen by Arquitectonica and includes a podium with retail and restaurant spaces at street level and a covered drop-off area accessible from two streets.

According to the Miami Beach Convention Center website, the hotel is positioned “to integrate harmoniously with surrounding landmarks such as 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.”

According to reporting by Engineering News-Record, funding for the project is being supported, in part, by a $75 million grant awarded through the Miami Beach Redevelopment Agency in late 2024.

Balfour Beatty was selected to construct the hotel in 2023. The firm recently celebrated the completion of the $1.2 billion Broward Convention Center & Hotel and expansion project.

“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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