“The development of this iconic, world-class tower … will redefine the Miami skyline and further solidify this dynamic and vibrant city as a global destination for talented professionals and their families, businesses, and culture,” a Griffin spokesperson told FOX Business. “We are excited by the opportunity to work with our partners, city and county officials, and neighboring stakeholders as we revitalize the Brickell Baywalk for the benefit of Miamians and visitors alike.”
The project plans indicate the skyscraper’s square footage will total 1.7 million. Foster + Partners, which is based in London, is its design architect, according to the document.
Nigel Dancey, head of studio at Foster + Partners, said the tower’s “tapered form unifies its various functions, enhances structural efficiency, and creates an elegant market on the Miami skyline.”
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The building will boast a massive amount of both office and hotel space, per the plans.
The building will boast a massive amount of both office and hotel space, per the plans.
The start of construction on the skyscraper is targeted for the third quarter of next year and will span multiple years, according to The Journal.
The filing of the plans for the building came over two years after Griffin revealed in 2022 he was moving the headquarters of Citadel and Citadel Securities to Miami. Prior to that, they had been in Chicago.
The two firms use office space elsewhere in downtown Miami at the moment. They also both have other offices in North America, Europe and the Asia-Pacific region, according to their websites.
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The success of Citadel and Citadel Securities has helped make Griffin, their founder, a billionaire.
Forbes pegged his personal fortune at $38.3 billion as of Thursday afternoon. That net worth makes him the 42nd wealthiest person in the world, according to the outlet.
