Miami Beach Celebrates Groundbreaking of The Grand Hyatt Hotel

Within the next two years, Miami Beach will welcome the long-anticipated Grand Hyatt Miami Beach, a milestone in the city’s ongoing evolution.

Backed by $392M in private financing and years of public support, the hotel is poised to redefine luxury hospitality in South Florida. Offering expansive event spaces, resort-style amenities, and seamless integration with the newly reimagined Convention Center District, Grand Hyatt Miami Beach is set to elevate Miami Beach’s global appeal and enhance the surrounding residential market.

PROJECT OVERVIEW: GRAND HYATT MIAMI BEACH

Currently under construction at 17th Street and Convention Center Drive, the Grand Hyatt Miami Beach is the centerpiece of the city’s redevelopment vision.

The project will offer a suite of features tailored to the global elite:

• Skybridge Connectivity. A climate-controlled bridge connects the hotel directly to the Miami Beach Convention Center. The elevated walkway provides seamless access for business travelers, ensuring a level of convenience rarely seen in urban hospitality design.
• 100,000 Square Feet of Event Space. From international conferences to private rooftop receptions, the hotel’s flexible indoor and outdoor venues position it as a premier location for high-profile events and executive gatherings.
• Elevated Resort Amenities. Guests will enjoy a curated wellness experience, including a lush rooftop pool deck, a full-service spa, and a modern fitness center. These features align with today’s demand for health-focused luxury travel.
• Five Distinct Dining Concepts. The Grand Hyatt Miami Beach will house five upscale dining venues, each designed to cater to Miami Beach’s culinary-savvy residents. From signature fine dining to casual, locally inspired fare, expect sophisticated design, top-tier service, and regional sourcing.
• Prime Location and Design. Set steps from Lincoln Road, The Bass Museum, and the New World Symphony, the hotel’s walkable design integrates shaded promenades, retail storefronts, and 320 parking spaces, enhancing ease of access while encouraging street-level activation.

WHY IT MATTERS: VISION AND PURPOSE

Despite being two years away from opening, Grand Hyatt Miami Beach is expected to support the city’s growing appeal among business travelers and event organizers as well as transform the Convention Center District into a world-class hub for commerce, culture, and lifestyle.

With its proximity to cultural institutions and high-end retail, the Grand Hyatt is poised to attract C-suite executives, global entrepreneurs, and art-world tastemakers, increasing local demand for residential properties offering similar levels of access, privacy, and sophistication.

The project also supports the city’s commitment to resilience and sustainability, with features like public promenades, bike-share stations, LEED-inspired design elements, and native landscaping.

Impact on the Convention Center District

Described as a “defining moment” by the Greater Miami Convention & Visitors Bureau and as “an investment in the future of Miami-Dade” by Miami-Dade County Mayor Daniella Levine Cava, the project elevates the city’s ability to compete globally for marquee events and business travel.

For ultra-high-net-worth individuals considering a move to South Beach, Sunset Harbour, or Flamingo/Lummus, the Grand Hyatt Miami Beach provides further assurance of long-term value. As foot traffic and visibility increase, buyers can expect:

• Stronger home values driven by hotel adjacency
• Enhanced neighborhood prestige
• Improved walkability and access to luxury lifestyle offerings
• Consistent demand for executive and short-term rentals

COMMUNITY BENEFITS

As the Grand Hyatt Miami Beach takes shape, its impact extends well beyond the skyline. The transformative project is set to deliver meaningful economic, social, and environmental benefits to the local community. From job creation to infrastructure improvements, here’s how the hotel is expected to make a lasting difference for Miami Beach residents.

• Job Creation. The project brings immediate opportunities for construction workers, architects, engineers, and designers. Once the hotel opens, permanent positions in hospitality, management, dining, and maintenance will support ongoing employment for locals. These jobs bring steady income while fueling demand for housing, dining, and retail in the area.
• Support for Local Businesses. Restaurants, boutiques, and service providers will enjoy increased exposure from global hotel guests, especially those visiting for extended business or cultural stays.
• Improved Infrastructure. Expect walkable improvements to the Convention Center District, with wider sidewalks, bike paths, and shaded rest areas designed to elevate the urban experience.

FREQUENTLY ASKED QUESTIONS (FAQ)

When is the Grand Hyatt Miami Beach expected to open?
The hotel is projected to be completed in late 2027, with construction currently underway.

How many rooms will the hotel offer?
The hotel will feature 800 luxury guest rooms across 17 stories.

Who are the developers behind the project?
The Grand Hyatt Miami Beach is a joint venture between Turnberry and Terra, developed in partnership with the City of Miami Beach.

Will the hotel be integrated with the Miami Beach Convention Center?
Yes, via a climate-controlled skybridge offering direct, seamless access for convention attendees and event guests.

Is the hotel being designed with sustainability in mind?
Yes. The project includes features such as bike-share stations, shaded promenades, and native landscaping, contributing to long-term environmental resilience.

STAY UPDATED WITH THE LATEST SOUTH FLORIDA LUXURY REAL ESTATE NEWS

For Miami Beach residents, the arrival of the Grand Hyatt marks more than just another addition to the skyline: it’s a sign of exciting things to come. Set in the heart of the Convention Center District, this flagship hotel is poised to revitalize the neighborhood, boost tourism, and spark new interest in nearby real estate. The impact will be felt citywide, from job growth to enhanced public spaces and rising property values.

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