Miami, Florida — According to state and local development sources, Gencom plans to invest $100,000,000.00 to build out 275,000 square feet of new space in Miami. The company plans to occupy the new space at 455 Grand Bay Drive in Miami, on or about December 1, 2026. According to the company website Gencom is a U.S.-based investment firm that owns, operates and develops prized real estate around the world, with an emphasis on luxury hotels, resorts and branded residential properties; and which is also an active owner and investor in hospitality operating platforms. Gencoms current real estate portfolio is comprised of some of the worlds most iconic hotels, resorts, and destinations which are amongst the leading properties in the industry with key operating partners such as Four Seasons, Ritz-Carlton, Rosewood, Auberge, Fairmont, Hyatt, Marriott and St. Regis. Founded more than 40 years ago, Gencom has grown to become one of the nations leading firms specializing in the development and management of luxury resort and residential properties, alongside full-service hospitality operating platforms. Today, the Gencom portfolio is comprised of nearly $8 billion in assets under management and includes 23 owned assets in operation or under development with over 7,000 hotel rooms around the world; in addition to 240 properties spanning over 40 locations, comprised of 50,000 keys through its third-party management affiliate, Pyramid Global Hospitality, which oversees hotel property management and operations throughout the U.S. and Europe; and over 2 million square feet through affiliate, Convene, a hospitality company that designs, builds, and manages premium meeting, event, and flexible office spaces.

To learn more about Gencom, visit http://gencomgrp.com/

Company Contact:
Karim Alibhai, Founder and Principal
305-442-9808

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