Moishe Mana Passes the Torch to Ken Griffin in Over $1 Billion Mana Wynwood Deal in the Largest land assemblage deal in Florida History
The landmark transaction marks a new chapter in Mana’s 16-year commitment to Miami as he advances his broader vision to make Miami the Western Hemisphere global hub connecting the Americas to become One America.
Sep 30, 2026 · 4 Minute Read 
Moishe Mana, Founder and Chairman of Mana Common, closed on the sale of approximately 30 acres of his Wynwood assemblage to Citadel Founder and CEO Ken Griffin on September 29, 2026, for approximately $1.1 billion, marking the largest land assemblage deal in Florida history. The site is planned to establish a new campus for Carnegie Mellon University.
From the day I stepped into Wynwood, I said this will be the sustainable culture hub of Miami and I am glad that it has come to fruition.
— Moishe Mana, CEO & Chairman, Mana Common
The transaction marks a major milestone in Mana’s 16 years of investment in Miami and comes as he continues advancing a broader vision for Miami as a cultural, economic and innovation hub connecting the Americas.
Our vision and work has been to make Miami the Western Hemisphere’s global hub, connecting the Americas to become One America, similar to the European Union. The unification of the Americas is essential for North America to continue to be the leading economy in the world. The One America vision is to connect the Americas - economic, military and human resources, a combined 1.1 billion population.
— Moishe Mana, CEO & Chairman, Mana Common
Mana began investing in Wynwood in 2009 when the neighborhood was still largely abandoned and in the early stages of its transformation. His first major purchase was a distressed warehouse property acquired for approximately $5 million that became Mana Wynwood. In total, he invested less than $70 million for his assemblage in the area.
Mana’s vision for Wynwood was informed by his experience in New York City’s Meatpacking District, where he was a catalyst for the neighborhood’s transformation. Mana established Milk Studios early in the district’s evolution, helping pave the way for the global brands and businesses that later came to define the neighborhood. He later applied that approach at greater scale in Jersey City’s Journal Square, where he assembled approximately 2 million square feet of warehouse space and established Mana Contemporary as a major arts and cultural center.
We came to Wynwood 16 years ago with a vision to build the cultural infrastructure Miami needed, a place where art, culture and community could grow together. We invested in bringing people and activity to the neighborhood and creating long-term value. We proved what Wynwood could become.
— Moishe Mana, CEO & Chairman, Mana Common
In Wynwood, Mana invested not only in property but in street art, music, fashion, festivals and events, including approximately $2-3 million annually in neighborhood culture.
Mana Wynwood was the catalyst for the development of Wynwood and became one of the district’s largest cultural venues, hosting concerts, art fairs, productions and major events including Miami Music Week and III Points.
The Mana Wynwood campus is included in the transaction, but Mana will continue to oversee operations and maintain existing events at the space for the foreseeable future. Mana also retains more than 15 acres in the Wynwood area and continues to invest in the neighborhood.
This sale isn’t the end of our vision for Wynwood. It’s a passing of the torch and an opportunity for someone else to build on what we started and take it even further. We created an ecosystem around art, culture and community, and now Ken has the opportunity to add another layer by bringing Carnegie Mellon, one of the world’s great universities, to Wynwood. Education, technology, innovation and talent are a natural evolution of what we built.
— Moishe Mana, CEO & Chairman, Mana Common
Mana’s commitment to Miami extends to Downtown’s Flagler District, where over the last 11 years he has purchased around 80 properties for approximately $600 million and assembled one of the largest privately controlled portfolios in the urban core. He also helped lead and fund the Flagler District beautification project.
That broader ecosystem includes Mana Tech, created to support and attract technology companies and entrepreneurs to Miami and connect Latin American startups with the U.S. market, and Mana Fashion, which is building infrastructure connecting designers and manufacturers with buyers, sourcing, distribution and international markets, including Europe and the Americas.
Mana sees the Flagler District as a physical foundation for his broader vision for Miami and One America.
Wynwood was about creating Miami’s cultural hub. Downtown is about something bigger. Miami has the opportunity to become the economic and innovation capital connecting North America and Latin America. I’m not developing one building. I’m building an ecosystem. Wynwood showed what happens when you have conviction and stay with the vision. Downtown is the next opportunity, and the scale is much bigger.
— Moishe Mana, CEO & Chairman, Mana Common
