The developers planning the Grand Hyatt Miami Beach have obtained a grant from Miami-Dade for the $600 million project, according to MeetingsNet.
Up to $92.5 million will be issued by the county.
Construction is now set to begin in mid 2025, with completion in Q3 2027.
The Grand Hyatt is planned to include:
- 800 rooms (including 48 suites)
- amenities including a gym, two pools, and a resort style pool deck
- 90,000 square feet of indoor meeting/conference space, plus 10,000 square feet outdoors
- 5 food and beverage outlets, including a signature restaurant that is already leased
- A Grand Hyatt club lounge
- 320 parking spaces
David Martin of Terra Group and Jackie Soffer of Turnberry are the developers. Bernardo Fort-Brescia’s Arquitectonica is the architect.
