Ken Griffin buys 30 acres in Miami’s Wynwood for $1.1 billion, plans university campus

Mo​ishe Mana, Founder & CEO, Mana CommonPhoto credit: Mana Common Moishe Mana began buying property in Miami’s Wynwood district in 2009, when the area was still largely abandoned and in the early stages of transformation. Over 16 years, he assembled roughly 30 acres into what became Mana Wynwood, a cultural and events hub known for art fairs, concerts and festivals. On September 29, 2026, Mana Common closed the sale of that assemblage to Citadel founder and CEO Ken Griffin for approximately $1.1 billion, a transaction the company describes as the largest land-assemblage deal in Florida history, as per Hauteresidence.com. The site is planned to become part of a new Carnegie Mellon University campus in Wynwood.From distressed warehouse to cultural hubMana’s first major purchase in Wynwood was a distressed warehouse acquired for about $5 million, which became the foundation of Mana Wynwood. Over the years, he invested less than $70 million to assemble his holdings in the area, according to Mana Common. The property evolved into one of the district’s largest cultural venues, hosting events such as Miami Music Week and the III Points festival.Mana’s approach drew on his earlier expe...