arts
Ken Griffin wins city approval to buy historic cottage near Citadel’s HQ for $3M
Summary by The Miami Editorial Desk · Based on reporting by Eman Elshahawy , The Real Deal
· July 23, 2026
· 1 min read
Ken Griffin is one step closer to buying the 121-year-old historic cottage near Citadel’s future headquarters in Brickell for $2.98 million after gaining the city of Miami’s support. Miami city commissioners unanimously approved the measure at their Thursday meeting. Dade Heritage Trust, the nonprof
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Summary created by The Miami Editorial Desk — automated, rule-governed Original reporting Eman Elshahawy, The Real Deal Original story Read at the source Source published Jul 23, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway Dade Heritage Trust, the nonprofit with its headquarters leased at the cottage on the City of Miami-owned land at 190 Southeast 12th Terrace, announced last night it will be moving the historic property to Coconut Grove.
Why this matters in The Miami
The city's approval of Ken Griffin's purchase of the historic cottage near Citadel's future headquarters in Brickell raises questions about the preservation of Miami's cultural heritage. As the cottage is relocated to Coconut Grove, it will be interesting to see how Dade Heritage Trust adapts to its new site and whether the move will affect its mission to protect the city's historic properties. The fact that the trust was able to find a new location in Coconut Grove suggests that there may be opportunities for historic preservation in other neighborhoods beyond Brickell. Meanwhile, the sale of the cottage to Griffin, a major player in Miami's business scene, underscores the ongoing transformation of the Brickell area, where luxury developments and corporate headquarters are increasingly prevalent. The relocation of the cottage may also spark discussions about the balance between preservation and development in Miami's rapidly changing neighborhoods.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: arts ·
Published: July 23, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
Frequently asked about this story
What is this story about? Ken Griffin is one step closer to buying the 121-year-old historic cottage near Citadel’s future headquarters in Brickell for $2.98 million after gaining the city of Miami’s support. Miami city commissioners unanimously approved the measure at their Thursday meeting. Dade Heritage Trust, the nonprof
When was this published? This article was first published on July 23, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Eman Elshahawy at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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