{"id":304173,"date":"2026-06-11T18:29:12","date_gmt":"2026-06-11T18:29:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/304173\/"},"modified":"2026-06-11T18:29:12","modified_gmt":"2026-06-11T18:29:12","slug":"ken-griffin-adds-apartments-parking-to-brickell-development","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/304173\/","title":{"rendered":"Ken Griffin Adds Apartments, Parking to Brickell Development"},"content":{"rendered":"

Ken Griffin\u2019s footprint on Miami is growing along Biscayne Bay.\u00a0<\/p>\n

The Citadel founder and CEO revised his proposal for a 2.5-acre site at 1201 Brickell Bay Drive, adding a 300-unit apartment building and 1,420-space parking garage next to another office building he owns, Bloomberg reported<\/a>.\u00a0<\/p>\n

Griffin also bought up all the units of a 22-story condominium across the street, which he plans to demolish for future development. That buyout puts him just one property away from conquering the entire block, the outlet said.\u00a0<\/p>\n

The development includes a 54-story, 1.7 million square-foot-office building, which will serve as headquarters for Citadel and Citadel Securities. In April, Griffin nixed a hotel planned for the supertall to make way for more office space, The Real Deal previously reported<\/a>.\u00a0<\/p>\n

The proposal follows a public clash with NYC Mayor Zohran Mamdani over a proposed 5 percent pied-\u00e0-terre tax. In April, Mamdani criticized Griffin \u2014 who bought<\/a> a $238 million penthouse at 220 Central Park South in 2019 \u2014 for holding NYC assets while living elsewhere.<\/p>\n

In response, Griffin vowed to make his Miami plan more ambitious, though the Brickell supertall office expansion had already been planned.\u00a0<\/p>\n

The skyscraper will sit on a 2.5-acre site at 1201 Brickell Bay Drive, which Griffin bought<\/a> for $363 million in 2022. Related Companies<\/a> is partnering with him on the project.\u00a0<\/p>\n

Griffin is still considering building a hotel across from the supertall, the outlet said.\u00a0<\/p>\n

Griffin and his company moved<\/a> to Miami from Chicago in 2022. He has since spent<\/a> over $1 billion acquiring waterfront estates, commercial developments and land from Miami to Palm Beach.<\/p>\n

With a net worth of $50.3 billion, according to Forbes, Griffin is widely considered one of the most influential billionaires<\/a> in South Florida.\u00a0<\/p>\n

\u2014 Grace McClung<\/p>\n

\tRead more
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\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n

Here are the top 100 real estate pros in South Florida<\/p>\n

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\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n

\u201cMiami\u2019s open for business\u201d: Ken Griffin doubles down on offices at his Brickell supertall<\/p>\n

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Ken Griffin’s Citadel comes to Brickell \u2014 and supercharges the market<\/p>\n

\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Ken Griffin\u2019s footprint on Miami is growing along Biscayne Bay.\u00a0 The Citadel founder and CEO revised his proposal…\n","protected":false},"author":2,"featured_media":304174,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[225,227,226,127513],"class_list":["post-304173","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hialeah","tag-hialeah","tag-hialeah-headlines","tag-hialeah-news","tag-ken-griffin-brickell-apartments"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/304173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=304173"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/304173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/304174"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=304173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=304173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=304173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}