[NYguy]

https://www.bloomberg.com/news/articles/...fers-a-chance-to-put-stamp-on-waterfront

Citadel’s Miami Tower Offers a Chance to Put Stamp on Waterfront
Ken Griffin and developer Sterling Bay are at work on the South Florida tower that will house the billionaire’s firms.


ByNatalie Wong, Josephine Walker, and Amanda L Gordon+Follow
July 22, 2022

Ken Griffin’s new Miami office tower is shaping up to be developer Sterling Bay’s most ambitious headquarters project yet.

Sterling Bay, which has more than $20 billion in its development pipeline, is set to build its largest tower with Griffin’s Citadel. It’s one of the few remaining opportunities to make a mark on Miami’s waterfront and a rare chance to work with one of the finance industry’s biggest titans, who will have the final say over plans.

A “beauty contest” among architects to design the tower is underway. The companies are also holding talks about what office tenants might join Citadel, as well as what restaurants might grace the first and top floors with their waterfront views.

“This is Citadel’s building,” Andy Gloor, chief executive officer of Sterling Bay, said. “One hundred percent they say who they want in the building, who they don’t.”

About half a dozen firms are currently drafting proposals for the Citadel tower, according to Gloor.

“It’s something that’s going to be happen over the next 30 to 60 days,” Gloor said. “It’s a global, not US, bake-off.”

The tower on the South Florida waterfront will be at 1201 Brickell Bay Drive. The new site could be as big as 1.8 million square feet (167,000 square meters).

“Sterling Bay is a leader in designing beautiful, state-of-the art buildings to meet the needs of the modern workforce,” said Zia Ahmed, a spokesman for Citadel. “We are thrilled to work with them in developing the vision for our new headquarters and believe it will transform Miami’s skyline.”

Plans on the building’s final size, amenities, technology and design are still evolving.