Billionaire Ken Griffin unveils images of his new Miami headquarters

A gleaming new glass tower joins the Miami skyline.

New images have emerged of hedge fund Citadel’s new 54-story headquarters, with construction set to begin next year, the Wall Street Journal first reported.

Founder, CEO and owner of the most expensive home in U.S. history, billionaire Ken Griffin, moved the company’s base from Chicago to Miami two years ago, motivated in large part by Florida’s corporate-friendliness and Chicago’s high crime rate.

(According to Wall Street Journal reporter Katherine Clarke’s book “Billionaires’ Row,” published in 2023, Griffin purchased the roughly $240 million plot of land at 220 Central Park South in 2019 to move Citadel’s operations to New York. That was a year before COVID, however, and like many, Griffin moved back to his native Florida after the virus hit the U.S.)

Griffin unveiled plans for the Miami mixed-use project, to be designed by Foster + Partners, on Monday, the Journal reported.

Citadel currently operates out of a building in downtown Miami, less than a mile from its future new address.

Once complete, the massive 1.7 million-square-foot development will include not only Citadel’s new headquarters, but also additional office space that it will lease to tenants, a rooftop hotel, a public waterfront terrace, two restaurants and possibly a pier, so hotel and restaurant patrons can enter directly from Biscayne Bay.

The hotel will have a lobby separate from the offices, and Griffin reportedly has plans to connect the structure’s terrace to the city’s long-in-development vision for a multi-mile waterfront trail called the Baywalk.

As for the behemoth’s design, “the tower’s tapered form unifies its various functions, enhances structural efficiency and creates an elegant marker on the Miami skyline,” Nigel Dancey, a principal at the studio and senior managing partner at Foster + Partners, told The Post in a statement, adding that “an environmentally responsive façade draws from Florida’s vernacular architecture, featuring a louvred shading system to create a comfortable internal environment while maximizing views from this incredible location.”

The project is not expected to be completed for at least five years and still requires public approvals before receiving the formal green light.

In total, it is estimated to cost more than $1 billion and will be located on Brickell Bay Drive, according to Real Deal.