See it: Citadel CEO Ken Griffin's planned Miami skyscraper

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See it: Citadel CEO Ken Griffin's planned Miami skyscraper
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Ken Griffin appears to have big plans for the skyscraper he’s looking to build in Miami, Florida. The project plans for the tower were earlier reported by The Wall Street Journal and Bloomberg.

Ken Griffin appears to have big plans for the skyscraper he’s looking to build in Miami, Florida. The billionaire founder of Citadel and Citadel Securities wants to construct a mixed-use skyscraper that towers 54 stories right on the waterfront in Miami’s downtown area, according to project plans filed this week. The project plans for the tower, which is expected to have Griffin’s two financial firms as its anchor tenants, were earlier reported by The Wall Street Journal and Bloomberg.

The uses of the proposed skyscraper "will serve the continued growth of the local and regional economics ," the letter of intent posited. 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.

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.

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