Tag Archive for: citadel

Rendering of Kenneth C Griffin Cancer Reserach Building_Image Provided by HOK 760x320

Ken Griffin, founder and CEO of hedge fund Citadel, has donated $50 million to the University of Miami to complete construction for a cancer research building on the school’s medical campus in Downtown Miami.

In 2022, the University of Miami Miller School of Medicine broke ground on a 244,000-square-foot facility at 1425 NW 10th Avenue, just north of Interstate 395. The 12-story building, which is scheduled to be completed in 2025, will double the school’s cancer research department.

The gift made to UM’s Sylvester Comprehensive Cancer Center includes naming rights to the HOK-designed facility, which will now be known as the Kenneth C. Griffin Cancer Research Building.

Griffin, who’s worth an estimated $39 billion, relocated sister companies, hedge fund Citadel and market maker Citadel Securities, to Miami from Chicago two years ago.

The gift comes less than two weeks after billionaire widow Julia Kochdonated $75 million to build a new NYU Langone Health medical complex in Downtown West Palm Beach. The eight-story facility, to be called Julia Koch Family Ambulatory Care Center, will feature 77,000 square feet of clinical space.

 

Source: Commercial Observer

Rendering Of Nicklaus Children’s New Five-Story Surgical Tower 760x320

Billionaire and Citadel CEO Ken Griffin has donated $25 million to Nicklaus Children’s Hospital, one of the largest single donations in the hospital’s 72-year history.

The money will help fund a five-story surgical tower, now under construction and set to open in 2024. The tower, which will be named the Kenneth C. Griffin Surgical Tower, will house pre-and post-surgical care suites, and will utilize the latest tech to boost patient care, including robotics, augmented and virtual reality.

The hospital says Griffin’s donation will help support its pediatric care for the brain, cancer, blood disorders, the heart and orthopedics.

 

Source:  Miami Herald