Citadel revealed the design for supertall tower in Brickell, Miami.

Citadel CEO Kenneth C. Griffin revealed the conceptual design for 54-story tower plans to construct in Miami’s Brickell Financial District.

The 1.71 million-square-foot tower would contain offices for both Citadel and other companies, a high-end hotel and restaurants/retail space

Details of the multi-phase project were unveiled in a filing with county planners this morning.

1201 Brickell Bay Drive is proposed to rise 1,032 feet above sea level with 54 stories, and include:

1,293,373 square feet of office area
212 hotel rooms and accessory uses, including health spa, fitness club, ballroom, conference and event uses
Approximately 50 below-grade, on-site, executive parking spaces (additional parking will also be provided across the street)
Foster + Partners is listed on the filing as the design architect. AAI architects is the architect of record. Field Operations is the landscape architect.

The 1201 tower is the first phase.

Subsequent phases will include property at at 1221 Brickell Avenue/1250-1260 Brickell Bay Drive across the street. It may include office, food/beverage establishment, retail/personal service establishment, residential and parking uses, a representative of the developer wrote.

Citadel is the reported owner of the property.

According to a source familiar with the project, Griffin could break ground on the tower at 1201 Brickell in the third quarter of 2025. Construction should take at least five years.

The Citadel hedge fund and Citadel Securities capital markets firm moved their headquarters to Miami from Chicago in 2022 and currently have offices at Southeast Financial Center, 200 S. Biscayne Blvd. They will have 450 to 500 employees in Miami by the end of this year.