Health and well-being-focused residential communities are driving emerging real estate projects.

The Well is opening its first-ever residential component: The Well Bay Harbor Islands in Miami. This six-story residential tower will have 54 branded luxury residences.

Two of South Florida’s premier real estate development groups, Terra Group and Turnberry Associates, have selected Balfour Beatty Construction as the general contractor for the new Grand Hyatt Miami Beach Convention Center Hotel. Located at the intersection of 17th Street and Convention Center Drive, the 17-story, 800-room hotel will serve as the central anchor of the Miami Beach Convention Center District, steps away from the beachfront, hundreds of shops and restaurants along Lincoln Road, the New World Center, the Bass Museum, and the Fillmore Miami Beach. Early site work at the property is now underway, with vertical construction anticipated to start this year and be completed in 2025.