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Bal Harbour Shops Opens 200,000-Square-Foot West Shops Expansion

Bal Harbour Shops Opens 200,000-Square-Foot West Shops Expansion

Bal Harbour, FloridaSource: Florida YIMBY
MarketsZoning

Bal Harbour Shops has opened its 200,000-square-foot West Shops expansion in the Village of Bal Harbour, Florida, as the open-air center marks its 60th anniversary. Developer Whitman Family Development reports the new wing is fully leased and will host 30 luxury boutiques and flagship stores, with individual openings continuing through 2028.

New retailers include Tom Ford, KHAITE, Elie Saab and Boucheron, joining an existing roster that includes Chanel, Prada and Gucci. The expansion also gives current tenants room to move into larger storefronts. Dining additions include the return of China Grill and a new Stephen Starr concept, Slim's.

Ownership says the property generates between $2,000 and $3,000 in annual sales per square foot, with gross sales approaching $1 billion, up 35 percent since 2020. International visitors have historically made up about half of foot traffic.

Separately, the developer is proposing a mixed-use expansion with market-rate homes, a boutique hotel, retail space and several hundred rental apartments for local workers. That workforce component is being pursued under the Live Local Act, a 2023 Florida law offering zoning incentives and streamlined approvals for qualifying affordable housing.

For developers, the filing shows how a Florida mixed-use retail site can use state affordable housing incentives alongside expansion plans.

Topics

bal-harbour-shopslive-local-actluxury-retailwest-shopswhitman-family-developmentworkforce-housing

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