Author: ivan

Mystery Luxury Department Store Targets Brickell

Miami Today – Miami Beach-based Whitman Family Development is working to wrap up an agreement with a luxury department store to anchor the retail component of the $1 billion-plus Brickell City Centre project. Click here to download the article

Matthew Whitman Lazenby featured on the cover of Executive South Florida Magazine

Today, Miami-Dade is once again carving out a new identity as a hub for technology and life science companies, building new cultural landmarks, and playing to its long-time strengths in financial services, tourism and retailing. In this time of change, a new generation of real estate/development leaders are making their own marks on the community.  […]

Miami Builders Make Eco-Friendly Strides

Ocean Drive – Then there’s the huge “Climate Ribbon” that will be suspended above the pedestrian mall at Brickell City Centre. At its most simplistic, this is an awning of the future. The advanced engineering of the Climate Ribbon will passively cool the indoor-outdoor space below it by shading the sun’s rays and channeling breezes […]

Retail Insider: North America’s Most Productive Shopping Centres in 2013

We’ve created an updated list of North America’s most productive shopping centres for 2013. Some of the per-square-foot sales numbers are lower than those from last year’s rankings. This might have something to do with different sources being used: our 2012 numbers were from KPMG and this year’s numbers have been either independently researched or directly confirmed by […]

Brickell CityCentre in Brickell Magazine, January 2014

Perhaps the most buzzed-about project on Miami’s horizon is the whopping $1.05 billion urban shopping and mixed-use development from Swire Properties known as Brickell CityCentre.  It’s been heralded as the city’s missing link, a much-needed anchor to satiate the demand for retail options in Miami’s urban core. Phase I alone will feature 500,000 sq. ft. […]

Bal Harbour Shops boasts record sales in 2013

The Whitman family enjoyed a record sales year at their high-end Bal Harbour Shops. Average sales at the retail hub rose 7.4 percent from 2012 to 2013, South Florida Business Journal reported. The shops generated an average of $2,800 per square foot in sales last year. Numerous tenants, including Dolce & Gabbana and Prada, took […]

Bal Harbour Shops reports record breaking year, new stores coming

By Ina Paiva Cordle As luxury shopping heats up, Bal Harbour Shops on Thursday reported a record-breaking 2013, with revenue up 7.4 percent compared to 2012. The luxury center said its shops produce more than $2,800 per square foot in sales, which it said is the most productive shopping center in the world. During 2013, […]

Bal Harbour Shops reports record sales year

Shaun Bevan, Digital Producer Bal Harbour Shops ended 2013 with average sales up 7.4 percent, year-over-year – a record according to the luxury outdoor shopping center. The shops produced an average of $2,800 a square foot in sales, up from the average $2,729 a square foot in 2012. During the year, several shops, including The […]

Packing A Punch In One Square Mile – Year End Numbers Continue to Highlight Bal Harbour’s Unwavering Success

BAL HARBOUR, Fla., Feb. 18, 2014 /PRNewswire/ — Ending 2013 with revenues from hotels, dining and shopping at an all-time high, Miami’s most fashionable beach destination, BalHarbour, has once again proved its leading status in the luxury market.  Resort tax revenue was up more than 53% from the previous year for this tiny one square […]

Miami’s luxury market is booming, local experts say

How do you entice luxury tenants to your project? Is there a danger that luxury retailers are becoming over-exposed? What are the up-and-coming luxury concepts? These and other questions were put to panelists at a packed-to-overflowing SCTLive event in Miami Tuesday. Among those attending was Stanley Whitman, founder of Bal Harbour Shops, the highest-performing mall […]