Ken Griffin Plans $1 Billion Skyscraper in Miami
Ken Griffin Plans $1 Billion Skyscraper in Miami
Ken Griffin Plans $1 Billion Skyscraper in Miami
News summary

Ken Griffin, founder of Citadel LLC, has unveiled plans for a $1 billion mixed-use skyscraper in Miami's Brickell district, with construction expected to begin in 2025. The 54-story tower, designed by the acclaimed firm Foster + Partners, will serve as Citadel's new headquarters, featuring 1.3 million square feet of office space and a 212-room luxury hotel. Alongside Griffin's companies, additional tenants are anticipated to occupy the building, which will also include restaurants, retail areas, and public spaces. The project is part of a broader trend of businesses relocating to Miami, which has become an attractive destination due to its favorable tax environment and business-friendly policies. The skyscraper's design aims to enhance the Miami skyline while promoting connectivity with the planned Baywalk waterfront trail. The land for the tower was purchased by Citadel for a record $363 million in 2022, reflecting Griffin's commitment to the city's burgeoning real estate market.

Story Coverage
Billionaire hedge fund titan Ken Griffin unveils plans for Citadel’s Miami HQ
Bias Distribution
100% Right
Information Sources
78876203-7edc-4c1e-8422-d6a486707f9e
Right 100%
Coverage Details
Total News Sources
1
Left
0
Center
0
Right
1
Unrated
0
Last Updated
21 days ago
Bias Distribution
100% Right
Related News
AI Assistant
Story Coverage
Billionaire hedge fund titan Ken Griffin unveils plans for Citadel’s Miami HQ

Related Topics

Subscribe

Stay in the Know, Subscribe to Our News

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News