Royal Caribbean Group broke ground on a new, $345 million, LEED‑certified Cruise Terminal G at PortMiami, a facility designed to accommodate up to 7,000 passengers and support the company’s Icon‑class vessels, including the flagship Icon of the Seas.
The terminal is a joint investment between Miami‑Dade County, which is contributing 46% of the cost ($159 million), and Royal Caribbean, which is providing 54% ($186 million). Construction is being carried out by the Lemartec‑NV2A joint venture, with architectural design from Perez & Perez Architects & Planners. The multi‑level parking garage, intermodal connections, and advanced passenger‑processing systems will replace the 1999 Terminal G, which could not accommodate the largest ships and has largely served as a backup terminal.
By providing a dedicated, state‑of‑the‑art facility, Royal Caribbean can deploy its Icon‑class ships more efficiently, reducing turnaround times and enhancing the guest experience. The new terminal also positions the company to meet growing demand, following a 4% increase in cruise passengers at PortMiami in fiscal 2025, which welcomed 8.56 million travelers and contributed $61 billion to the local economy and 340,000 jobs.
Management emphasized the strategic importance of the investment. Chairman and CEO Jason Liberty said the terminal “represents a major investment in Miami’s future, delivering a smarter, faster, and more seamless experience for guests.” Mayor Daniella Levine Cava highlighted the facility’s role in enhancing Miami’s skyline and operational efficiency, noting that the modern terminals are transforming how the city moves people and supports business growth.
The project is slated for completion in late 2027, aligning with Royal Caribbean’s broader strategy to scale capacity and maintain its leadership position in the cruise market. The investment signals confidence in sustained cruise demand and underscores the company’s commitment to long‑term growth and operational excellence.
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