Carnival Corporation & plc broke ground on a new multi‑building global headquarters in Miami’s Waterford Business District on May 4, 2026. The 700,000‑square‑foot campus, located at 887 Carnival Place, will house more than 2,000 employees and feature training and rehearsal facilities for onboard entertainers.
The new campus consolidates Carnival’s North American shore‑side teams into a single hub for operations, technology, and talent development. By centralizing these functions, Carnival aims to improve collaboration, reduce travel costs, and strengthen its presence in the U.S. market. The investment aligns with the company’s recent Q1 2026 results, which saw adjusted earnings per share of $0.20 versus $0.18 in the prior year—a 50% increase—and record revenue of $6.2 billion.
The project is estimated to cost $700 million and is slated for completion in 2028. The campus will include state‑of‑the‑art training and rehearsal facilities for entertainers and will support more than 2,000 employees. "Breaking ground at 887 Carnival Place feels less like a beginning and more like a natural next step in proudly carrying forward our 50‑plus‑year South Florida legacy as we create the foundation for our next chapter here," said CEO Josh Weinstein.
"This campus embodies the intersection of our commitment to the team members who propel us and the guests who inspire us," Weinstein added. "Co‑locating our North America shoreside team members on a shared campus—designed from the ground up to support how we work and what we do—will foster even greater knowledge sharing, innovation, efficiency, and career growth." Miami‑Dade County Commissioner Natalie Milian Orbis praised the development, stating, "This state‑of‑the‑art campus will bring thousands of employees together in one place, driving innovation, creating high‑quality jobs and strengthening our position as the Cruise Capital of the World®."
"The announcement was met with positive sentiment from investors, reflecting confidence in Carnival’s long‑term strategy and its commitment to operational efficiency and employee engagement," the report noted. The company’s improved debt ratio and upgraded credit ratings underscore its financial resilience amid rising fuel costs and other industry headwinds. The new headquarters signals Carnival’s confidence in sustained growth and its strategic focus on consolidating operations to drive future performance.
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