The City of Miami Beach is setting the stage for a new era in its hospitality and events landscape with the scheduled groundbreaking ceremony for the Grand Hyatt Miami Beach, an ambitious hotel project connected to the Miami Beach Convention Center slated for a late 2027 completion. Announced by city officials, the upcoming 800-room hotel located at 17 Street and Convention Center Drive promises 12 floors of guest accommodations, comprising 52 luxury suites with panoramic views and four floors dedicated to meeting and event spaces, a strategic addition to boost the city's capacity for large-scale events.
Designed with a vision by Bernardo Fort-Brescia of Arquitectonica, the Grand Hyatt Miami Beach is more than just a place to stay, it aims to transform Miami Beach into a destination of choice for national and international conference seekers, offering not only expansive resort-like amenities but also advancing the city's sustainability and resilience goals—this includes public spaces pedestrian-friendly promenades bike-sharing stations, and enhanced public transit linkages, especially beneficial for those venturing to the nearby Lincoln Road shopping and entertainment district. In a statement obtained by the City of Miami Beach, the construction of this new landmark is made possible with a substantial $392 million loan from TYKO Capital, marking the largest monetary infusion Miami has seen for a standalone hotel in more than ten years.
Set for Friday, from 9-11:30 a.m., with the ceremony commencing at 9:30 a.m., the groundbreaking event invites key figures, including Steven Meiner, Mayor of Miami Beach; Daniella Levine-Cava, Mayor of Miami-Dade County; Terra's CEO David Martin; Jackie Soffer, Chairman & CEO of Turnberry; Pete Sears, Hyatt's Group President for the Americas; and David Whitaker, President & CEO of the Greater Miami Convention & Visitors Bureau, among other civic and community leaders, to witness the substantial stride towards the city's economic and touristic development.
Attendees are advised there will be no onsite parking, however, arrangements have been made at the G5 Parking Garage at 640 17 Street Miami Beach, FL with the organizers stressing the necessity of wearing closed-toe flat shoes due to the current conditions of the site, as indicated in the advisory on the City of Miami Beach's announcement.
