Miami OKs sale of Brickell landmark to billionaire Ken Griffin. Here are key details

Brickell admin July 28, 2026 0 Comments

Miami OKs sale of Brickell landmark to billionaire Ken Griffin. Here are key details

Miami commissioners have voted 5-0 to approve the no-bid sale of a 121-year-old city-owned cottage property near the Brickell waterfront to billionaire Ken Griffin for $2.98 million. The deal, negotiated behind closed doors, drew concern from preservationists who say the public was left with more questions than answers.

FULL STORY: Miami approves $3M sale of historic Brickell cottage to billionaire Ken Griffin

Here are key takeaways:

The cottage was built in 1905 in downtown Miami by pioneering physician James Jackson, the namesake of Jackson Memorial Hospital, and moved to its Brickell site in 1917. It’s a protected historic site and listed on the National Register of Historic Sites.
The Dade Heritage Trust, which has occupied the cottage since 1978, said Griffin will pay to move the building to Coconut Grove. Trust Director Christine Rupp said the organization would own both the cottage and the land it sits on.
Griffin has spent more than $700 million since 2022 buying up the block around the Jackson cottage. With this purchase, he will own the entire block as he builds a new headquarters for his Citadel hedge fund across the street.
Beatrice Brickell, great-granddaughter of the neighborhood’s namesakes, urged commissioners to keep the cottage in Brickell, suggesting it be relocated to Brickell Park instead of Coconut Grove.
Preservationists asked the commission to defer approval for a full public airing, but commissioners voted to approve the sale while promising more details would come.

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