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NewsThe Real Deal MiamiSeptember 14, 2026Miami-Dade County

Drill-rig collapse at Citadel HQ development site injures four and closes Brickell Bay Drive

Photo: The Real Deal Miami

A drill-rig collapse on Brickell Bay Drive injured four people, damaged cars and a construction shed, and prompted road closures between Southeast 12th Street and Southeast 13th Street. The Monday morning incident occurred at the development site for Ken Griffin's planned 54-story Citadel tower.

Construction SafetyInfrastructureTrafficReal Estate
Read the full story at The Real Deal Miami

Why It Matters

Road closures and emergency response activity affect traffic and transit around Brickell Bay Drive following structural damage to vehicles and a construction shed.

Key Facts

  • Four people required medical attention following a drill-rig collapse on Monday morning.
  • The collapse damaged at least two to three cars and a construction shed.
  • Brickell Bay Drive is closed to traffic between Southeast 12th Street and Southeast 13th Street.
  • The incident occurred at the development site for Ken Griffin's planned 54-story, 1.7 million square-foot Citadel headquarters.
  • Developer Related Companies stated they are cooperating with city and county building departments to investigate the incident.
  • The skyscraper project is valued at $1 billion on a 2.5-acre site purchased for $363 million in 2022.

Who's Mentioned

OrganizationSolaris“22-story condo whose units were purchased across the street”PersonKen Griffin“Billionaire owner of the Citadel development site”OrganizationCitadel Securities“Future occupant of the planned tower”location1221 Brickell Avenue“28-story office building purchased by Griffin”locationBrickell Bay Drive“Site of the collapse and road closure”PersonZohran Mamdani“New York Mayor associated with a pieds-à-terre tax proposal”OrganizationMiami Police Department“Reported the collapse and road closures”OrganizationCitadel“Future headquarters location”location1201 Brickell Bay Drive“Development site of the planned skyscraper”OrganizationRelated Companies“Developer partnering on the Citadel project”