Home News Ken Griffin’s Florida estate gets first approval

Ken Griffin’s Florida estate gets first approval

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The plan was approved on June 29, six days after the millionaire He has announced that he will move both his family and business to Florida. At about the same time, news of Griffin and Citadel was reported. Paid $ 363 Million to Miami’s 2.5 Acre Commercial Area Citadel will partner with Chicago-based developer Sterling Bay to build an office tower on the site.

“Ken and his family have recently become full-time residents of Florida, and he is excited to move forward with building a new home for his mother,” Griffin spokesman Zia Ahmed said. Said in a short email to PalmBeach Daily News.

The approved plan requires a main building with approximately 17,300 square feet of living space on the oceanfront side. It is mostly a one-story building with a two-story glass-enclosed family room in the center. The patio connects the house to a two-piece guesthouse with a pool.

The newspaper reported that building a mansion on eight acres of land on Griffin’s site would require demolishing the two mansions where he and his mother currently live. Griffin reportedly lives in a four-bedroom, 6,680-square-foot mansion on the Blossom Way. What he bought in 2015 for $ 15.3 million And his mother lives next to the house he bought in 2018 $ 20.25 million.

His mother’s mansion and guesthouse spanned 350 feet of Griffin’s approximately 1,400-foot sea coastline. Designed by Seattle-based architectural firm Olson Kundig, the house has a sandy exterior, high windows, and wide roof overhangs to “make the building feel like part of the site.” It’s all part of the effort. Jim Olson told Palm Beach Daily News.

If built, the newly approved mansion will be the first to be completed on the land acquired by Griffin. In a series of transactions totaling $ 450 million, According to Palm Beach Daily News. In early 2021, he announced Redesigning a 50,000-square-foot mansion he plans for himself, However, the Palm Beach newspaper reports that its construction has not yet begun.

Florida real estate is part of Griffin’s housing portfolio. Crain’s estimates that in 2019, it spent nearly $ 300 million on assembly. Includes marquee properties in London and Manhattan. In Chicago His unfinished $ 58.5 million Gold Coast Penthouse He raised his stake here last month, so it remains uncertain. He hasn’t put it, or at least not publicly, and hasn’t put his completed $ 13.5 million condo one block away from the market.

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