Billionaire's Blank Check: The Cost of Consolidation in Brickell The recent land sale in Miami's Brickell neighborhood has raised eyebrows and sparked concerns about the impact on the city's character.
On Thursday, city commissioners voted unanimously to approve the sale of a plot of land at 190 Southeast 12th Terrace for $2. 98 million, giving billionaire Ken Griffin control over an entire block.
This sale is part of a larger trend of consolidation in Brickell, where Griffin has been buying up properties since announcing his hedge fund's relocation to Miami in 2022.