Please let us know if you have feedbackA new 800-room, 17-story hotel in Miami Beach has reached new heights. The U.S. arm of London-based Balfour Beatty has topped out the Grand Hyatt Miami Beach, a new hotel adjacent to the Miami Beach Convention Center, according to a July 30 announcement. Once complete, the hotel will contain 12 floors of elevated guest rooms, including 50 suites with views of Miami Beach, per the announcement. Balfour Beatty initially won the contract in 2023 from developers Terra Group and Turnberry. The milestone occurs amid a broader dip in the hotel construction market through the second quarter 2026.