Developers Terra and Turnberry have started work on the Grand Hyatt Miami Beach – an 800-room hotel connected to the Miami Beach Convention Center.

The project is backed by $392 million in construction financing from TYKO Capital. The convention center just completed a $640 million renovation.

Located at 17th Street and Convention Center Drive, the 17-story hotel will feature 12 floors of guest rooms, including 52 suites with views of Miami Beach, and four floors of meeting and ballroom space. Designed by Arquitectonica, the hotel will offer resort-style amenities.

Upon planned completion in late 2027, the development will feature new public spaces, pedestrian promenades, bike-sharing stations, and improved connectivity to public transit.