Balfour Beatty has mobilised its operations to begin construction on Grand Hyatt Miami Beach in Florida, US 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 construction services contract, valued at nearly $385 million (£287 million), features the delivery of a 17-story hotel. The 996,130-square-foot development will include 800 guestrooms, convention and meeting space and ground floor retail areas.
Scott Skidelsky, Balfour Beatty President of Southeast Buildings Operations said: "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.
"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."
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. Balfour Beatty brings significant hospitality and convention center expertise to the project, including the upcoming completion of the $1.2 billion Broward Convention Center & Hotel and expansion project.
Located at the intersection of 17th Street and Convention Center Drive, Grand Hyatt Miami Beach is scheduled for completion in late 2027. At peak construction, the project will employ more than 500 workers.
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