$1.1 billion in Wynwood and $3 billion for Carnegie Mellon University: what is happening in Miami?
Three moves help explain a bigger transformation in South Florida. We gathered the week's news, what it says about the Miami market and, at the end, why anyone who lives, invests or holds assets between Brazil and the United States needs a plan before the move.
What is happening in Miami
In a single day, two news stories put the city at the center of the map. And they arrive on top of five years of transformation.
$1.1B in a single acquisition: Ken Griffin bought Mana Wynwood
Roughly 30 acres in Miami, tied to the plan for the new Carnegie Mellon University campus in the city. Wynwood has just opened a new chapter.
$3B for Carnegie Mellon University
One of the largest gifts to U.S. higher education. $2 billion goes to the new Carnegie Mellon University campus in Miami, and $1 billion to the existing campus in Pittsburgh.
3,500+ students expected
The new Wynwood campus will focus on artificial intelligence, robotics, health, energy, security and technology. Research, technology and new business.
67.1% appreciation in 5 years: this did not start now
Luxury real estate in Miami appreciated about 67.1% over the last five years. The market has been drawing more and more capital from major investors and high-net-worth families.
Who bought a home in Miami in recent months?
Larry Ellison: $173M
Mark Zuckerberg: $170M
Ken Griffin: $106.9M
Larry Page: $101.5M
This is not just tourism. It is wealth putting down roots in the region.
And companies are changing addresses too
Citadel: moved its global headquarters from Chicago to Miami.
Elliott: went from New York to West Palm Beach.
ARK Invest: left New York for Florida.
Personal capital and corporate capital are heading in the same direction.
Capital + companies + education + talent: the new campus brings talent development, research and innovation, and may expand demand for housing, commercial space, services, infrastructure and new businesses. That does not mean every property automatically gains value. But it changes what is being built around it.
In the press this week
Moving to the U.S. goes far beyond immigration
Alexandre Piquet, founder of Piquet Law Firm, and Luiz Flávio Alves, from the Global Tax & Trusts practice, are featured in an article on Portal Terra (in Portuguese) on why wealth planning matters for Brazilians who live, invest or hold assets in the United States.
When residence, income, companies, investments and assets start to span Brazil and the United States, new tax, estate and asset protection questions enter the equation.
International wealth requires international planning.
A well-structured cross-border strategy helps align asset protection, taxation, succession and corporate structure under a single vision.
Live, invest or do business in the U.S.
It is not just one property. Entire neighborhoods are being reshaped. And location is only part of the strategy.
Legal, tax and wealth planning need to work together. Talk to the Piquet Law Firm team and learn how to structure your case before taking the next step.
Alexandre Piquet, Founder and Managing Partner, Piquet Law Firm, Miami.
For informational purposes only. Sources: The Real Deal (09/30/2026), The Wall Street Journal and Carnegie Mellon University (09/30/2026), Knight Frank via Forbes Brasil (09/30/2026) and Portal Terra. This is not legal advice, and each case must be evaluated individually.
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