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Ken Griffin is betting big on Miami
  + stars: | 2024-06-20 | by ( Paul Squire | ) www.businessinsider.com   time to read: +1 min
Billionaire Ken Griffin is doubling down on Miami. The Citadel boss is expanding its new office in the city's financial district, CoStar News reported. Griffin has pumped millions of dollars into Florida since moving his company from Chicago in 2022. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The new Citadel office at 830 Brickell in the middle of Miami's financial district will now feature eight floors, CoStar reported.
Persons: Ken Griffin, Griffin, , Adrian Smith, Gordon Gill Organizations: Citadel, News, Service, Gordon Gill Architecture, OKO Group, Business Locations: Miami, Florida, Chicago, Gordon Gill Architecture Dubai
A rendering shows the Miami Beach project, developed by a partnership between OKO Group and Access Industries. Billionaire investors Vladislav Doronin and Len Blavatnik have landed a $277 million construction loan for a Miami Beach condominium and luxury hotel, one of the largest loans for a South Florida project since the start of the Covid-19 pandemic. Mr. Doronin’s development firm OKO Group and Mr. Blavatnik’s Access Industries, a privately held industrial firm, are teaming to build a 18-story beachfront tower with 22 apartments. They are also renovating the neighboring former Versailles hotel, which will have 56 rooms.
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