Griffin Supercharges His Miami Bet After Mamdani Tax Fight (1)

June 11, 2026, 6:22 PM UTC

Ken Griffin is expanding his bet on Miami.

Fresh off a clash with New York City Mayor Zohran Mamdani, Griffin has updated his plans for a multi-billion dollar commercial tower and development along Biscayne Bay. The billionaire Citadel founder revealed a proposal to construct a 300-unit apartment building and a 1,420-space parking garage alongside another office building Griffin owns.

The May 13 filing with Miami-Dade County also shows that a hotel that was to be built in a towering skyscraper has been stripped out to allow for more office space. Griffin is still considering the development of a hotel ...

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