Grand Hyatt Miami Beach Reaches Construction Milestone

On July 28, 2026, the Grand Hyatt Hotel in Miami Beach celebrated a significant construction milestone, as workers placed the final beam. The event drew city and county leaders to the site.

WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale reports that elected officials, including Miami Beach Commissioner Alex Fernandez, Miami-Dade County Commissioner Eileen Higgins, and Miami Beach Mayor Steven Meiner, were present. Mayor Meiner noted, according to WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale, that the project represents "billions of dollars in investments." Commissioner Higgins emphasized the economic benefits for the community, stating, as reported by WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale, that the hotel provides "good paying jobs" and contributes to the area's economic growth.

Our take: This development underscores Miami Beach's continued appeal as a destination for high-end hospitality. The Grand Hyatt will inject a fresh inventory of rooms into a competitive market, likely further solidifying the city's position as a luxury travel hub. The emphasis on local economic impact highlights the current political climate where large-scale developments must demonstrate community benefits beyond pure tourism.