Soil testing appears to be be underway at the waterfront Brickell site where Citadel is planning an “iconic” $1B office tower.
There does not yet appear to be any construction permits pending for the site.
A global architecture competition was conducted last year for the right to design the tower, according to Andy Gloor, the CEO of developer Sterling Bay, which is managing the project for Citadel.
Citadel’s billionaire founder Ken Griffin has previously said the tower height could exceed 1,000 feet, making it a supertall.
In addition to becoming the headquarters of Citadel, Griffin said he plans to personally pitch some of the most valuable US companies, including Apple, to fill the new tower.
Griffin also said he wants to build retail and restaurants on the ground floor to bring foot traffic, similar to Brickell City Centre.
Photo taken yesterday: