Ken Griffin doubles down on Brickell development with 300 apartments
Ken Griffin’s footprint on Miami is growing along Biscayne Bay. 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. 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. The development includes a 54-story, 1.7 million square-foot-office building, which will serve as headquarters for Citadel and […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Search and exam is still mostly manual in an automated industry. But why?

The Fine Print in Your Home Insurance Policy Could Cost You Thousands. Here Are the Blind Spots To Check

Prestige buys back Dania Beach apartments for $27M

Miami to sue Miami-Dade County over Allapattah CRA

Megawatt moratorium: Palm Beach County OKs year-long data center pause

Fed Official Sounds Warning on Housing as Affordability Hits 21-Year Low

Name your price: David Simkins flips waterfront teardown in Miami’s Morningside for $24M

Why credit unions are missing the boat on reverse mortgage demand

Angelina Jolie Sells Los Angeles Mansion for $24.75 Million—After Revealing Plans To Leave the U.S. for Good

Bryson DeChambeau To Hold $100K Golf Tournament in Backyard of His $10 Million Texas Mansion
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
