https://www.breakingtravelnews.com/tags/tag/turnberry/ Turnberry News en Breaking Travel News Copyright 2026 2026-07-09T21:27:14+00:00 https://www.breakingtravelnews.com/news/article/terra-and-turnberry-to-begin-construction-of-grand-hyatt-miami-beach-with-3/ https://www.breakingtravelnews.com/news/article/terra-and-turnberry-to-begin-construction-of-grand-hyatt-miami-beach-with-3/ Terra and Turnberry, two of South Florida’s leading real estate development firms, have secured $392 million in construction financing that will help advance the development of Grand Hyatt Miami Beach, an 800-room, 17-story property adjacent to the Miami Beach Convention Center. The financing was provided by TYKO Capital, a multi-billion-dollar commercial real estate private equity and private credit investment management platform, backed by Elliott Investment Management and led by Adi Chugh. With pre-construction sitework already completed, the financing paves the way for the project’s groundbreaking, with delivery slated for late 2027. Sun, 13 Apr 2025 07:17:28 +0000