At the age of 94, Stanley Whitman could reinvent luxury retail – again. [more]
Posts Tagged ‘matthew whitman lazenby’
The family of Stanley Whitman, the developer of the Bal Harbour Shops, plans to expand the high-end mall outside of Miami and, separately, in January purchased an unspecified stake in the proposed 500,000-square-foot retail Brickell CityCentre project, the Wall Street Journal reported.
Americaribe and John Moriarty & Associates of Florida were awarded oversight in March of vertical construction at the Brickell CityCentre project, an appointment worth approximately $500 million, as previously reported. [more]
The Bal Harbour Shops, which is planning a 200,000-square-toot expansion of its luxury retail mall, reported a 14 percent growth in sales in October. The Shops produced an average of $2,638 per square foot in sales last month, up 14 percent from the same period in 2011. That gives the complex a pace of nearly $2,700 per square foot in sales this year, according to Matthew Whitman Lazenby, operating partner at the Shops. — Alexander Britell
After nearly 50 years of talks, the Bal Harbour Shops will be expanding on the site of the Church By the Sea. The planned 200,000-square-foot expansion comes after a deal that gives the shops the right to acquire the tract at 501 96th Street on which the church has stood for almost seven decades. [more]