City of Miami Beach Selects Portman Holdings to Develop $405M Convention HQ Hotel
MIAMI BEACH, FLA. — The city of Miami Beach commission has selected developer Portman Holdings and architect John Portman & Associates to develop and design the $405 million Miami Beach Convention Headquarter Hotel. The selection allows for the city manager to negotiate the terms of the development and ground lease for the hotel. The 800-room hotel will feature several pools, a fitness center, spa, business center and multiple food and beverage outlets, including a café, full-service restaurant and rooftop lounge. Another feature of the hotel is a grand welcoming gateway at the main intersection of 17th Street and Convention Center Drive. The hotel development will not use any taxpayer dollars — Portman’s plan is 100 percent privately funded with both debt and equity sources. The design team includes local architect Revuelta Architecture International and landscape architect West 8.