New tenants debut at Bal Harbour Shops

The Bal Harbour Shops

Several new luxury tenants are debuting at the Bal Harbour Shops this
week, including Breguet, CH Carolina Herrera, Panerai and Stella
McCartney, with more on the way, according to the Miami Herald. The
moves follow the high-profile departures of several retailers, including
Louis Vuitton and Cartier; Hermes will also leave next year.
“Duplicating uses in a center this small is not good for us in the long
run,” said Matthew Whitman Lazenby, the cener’s operating partner.
“That’s never been in our DNA, not in the past and not in the future.
It’s always been important for us to maintain the allure of luxury, the
exclusivity has always defined that.” Louis Vuitton is set to open a
location in Miami’s Design District in 2014, after opening a branch at
the Aventura Mall this year. “The Design District is a work in progress that is
going to end up being successful in a different kind of way,” said
Arthur Weiner, principal of Coral Gables-based developer AWE Talisman. [Miami
Herald]