Billionaire Ken Griffin proposes private megayacht marina on Miami Beach’s Terminal Island
Billionaire Ken Griffin, who owns well over $1 billion of South Florida residential and commercial real estate, wants to open a private megayacht marina in Miami Beach. Griffin, through an affiliate, filed a proposal for a 30,000-plus-square-foot marina with four buildings at 120 MacArthur Causeway, a 3.7-acre site on the tip of Terminal Island. The facility will be exclusively for Griffin and his guests, adding to his massive real estate empire in Miami-Dade County, and further solidifying his hefty investment in South Florida. Griffin moved his Citadel hedge fund and sister company Citadel Securities’ headquarters to Miami’s Brickell from Chicago […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Blue Jays’ Mad Max sells under-construction Admirals Cove estate for $23M
Butters targets tech, pharma with plans for low-rise light-industrial in Boca Raton
Opterra’s Holiday Inn hotel-to-resi conversion moves ahead in Boca Raton
Inventory drops for first time since 2023 as sales rebound across coastal Miami, beaches
Brian Tuttle loses Main Street dev site in $60M bankruptcy sale
Wave Group, partners launch short-term-rental friendly Wynwood condos
Ultra-luxury brings heat as Palm Beach home sales surge
Why Earnest Money Matters to Sellers
RE Q&A: Who Pays for Noncompliant Fence?
Fla.’s March, 1Q Housing: Closed, Pending Sales Up
