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Moishe Mana sells 30 acres in Wynwood to Ken Griffin for $1.1 billion

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Moishe Mana sells 30 acres in Wynwood to Ken Griffin for $1.1 billion

This digest was compiled by AI from multiple sources — links to the originals are below.

Moishe Mana sold approximately 30 acres in Wynwood to Citadel founder Ken Griffin for $1.1 billion. The deal, the largest land transaction in Florida's history, will house a new Carnegie Mellon University campus. Mana retains more than 15 acres in Wynwood and plans to continue his operations there.

Key Facts

  • The $1.1 billion sale is the largest land deal in Florida's history.
  • Ken Griffin has committed a record $3 billion donation to Carnegie Mellon University.
  • $2 billion of the donation will establish Carnegie Mellon University Miami, and $1 billion is designated for the Pittsburgh campus.
  • Moishe Mana retains more than 15 acres in Wynwood and has acquired around 80 properties in downtown Miami's Flagler District for approximately $600 million.
  • The deal took nearly three years to finalize.

The Land Sale

Moishe Mana, founder and chairman of Mana Common, sold approximately 30 acres of prime real estate in Wynwood to Citadel founder Ken Griffin for $1.1 billion. The transaction is the largest land deal in Florida's history. Mana was initially reluctant to sell, telling Griffin's representatives, "It's not for sale." The deal took nearly three years to finalize.

Carnegie Mellon Expansion

The acquisition will pave the way for a new campus for Carnegie Mellon University in Miami. Griffin has committed a record $3 billion donation to Carnegie Mellon, with $2 billion for the Miami campus and $1 billion for the Pittsburgh campus. Mana emphasized Griffin's dedication to education, stating, "Ken is not married to his money."

Mana's Continued Development

Mana retains more than 15 acres in Wynwood and plans to continue his operations and events there. He has acquired around 80 properties in downtown Miami's Flagler District for approximately $600 million. Mana aims to develop a tech and fashion ecosystem linking North America and Latin America.

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