The development of the long-awaited Grand Hyatt Miami Beach Convention Center Hotel moves along and has a delivery slated for 2027.
Terra Group, of Coconut Grove, and Turnberry Associates, in Aventura, partnered to build the 17-story, 800-room property adjacent to the Miami Beach Convention Center. The hotel at 17th Street and Convention Center Drive was approved by voters in 2018 by a 65% vote.
According to a Miami Beach press release, Terra and Turnberry successfully secured financing that will help advance the development of the hotel.
This financing opens way for the project’s groundbreaking. Its delivery is slated for late 2027.
“The Miami Beach Convention Center Hotel will be a game-changer for our local economy,” said Miami Beach Mayor Steven Meiner in the press release. “This project will drive year-round tourism, create new jobs including for our residents, and bring new business to our restaurants, shops and cultural institutions. It’s a major investment in the long-term economic vitality of Miami Beach.”
The press release also said the hotel will enhance the competitiveness of the Convention Center as it will provide on-site accommodations and meeting spaces.
The property is to include a signature restaurant, retail space and a “climate-controlled skybridge” that will “provide seamless access between the hotel and the Miami Beach Convention Center, enhancing connectivity and convenience for event attendees,” the release said.
Additionally, the development plans pedestrian-friendly promenades, bike-sharing stations and connectivity to public transit.
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