Inside South Florida’s mall, retail and restaurant reopenings

The Real Deal’s Ina Cordle toured the Miami Design District with Craig Robins, Bal Harbour Shops with Carolyn Travis and Aventura Mall with Jackie Soffer as reopenings begin

Miami /
May.May 29, 2020 03:30 PM

Masks, one-way signs, spread-out open-air dining. Malls, stores and restaurants are reopening in South Florida, and changes are evident amid the pandemic.

The Real Deal’s South Florida Managing Editor Ina Cordle toured the Miami Design District with Craig Robins, Bal Harbour Shops with Carolyn Travis and Aventura Mall with Jackie Soffer on Saturday, May 23. After two months of forced closures of non-essential businesses and stay-at-home orders, shoppers were ready to venture out.

Robins, president and CEO of Dacra, said about 60 percent of the stores in the Design District are open, with more opening each day. Restaurants will be phased in. During the lockdown, he offered tenants the option to defer three months rent, allowing them to amortize the amount over the term of their leases. And he has five new leases in the works, including one for the Peruvian-Japanese restaurant Itamae.

Whitman Family Development’s Travis said 85 stores are open at Bal Harbour Shops with the remainder opening soon. The open-air shopping center has created new signage to direct shoppers one way on aisles, and is letting restaurants spread out in the courtyards. Sant Ambroeus, based in New York, will open its first Miami-area restaurant there soon.

And Soffer, chairman and CEO of Turnberry Associates, said that despite the lack of tourists in South Florida, local shoppers are taking up the slack at Aventura Mall. Long lines were visible at Zara, Louis Vuitton and other stores.

“People obviously want to go out, and they want to have experiences, and there’s only so much experience you can have at home at a computer….” Soffer said. “Shoppers want to be back in stores and diners want to be back in restaurants.”


Related Articles

arrow_forward_ios
From left: Pedro Villar, owner of Aloft Miami Brickell, along with his attorney Joe Pack (Newstar Media)
Aloft Miami-Brickell exits bankruptcy, staves off foreclosure
Aloft Miami-Brickell exits bankruptcy, staves off foreclosure
One Bal Harbour at 10295 Collins Avenue in Bal Harbour, FL (Seaside Properties Group, iStock/Illustration by Steven Dilakian for The Real Deal)
One Bal Harbour associations settle suit over shared utility, valet expenses
One Bal Harbour associations settle suit over shared utility, valet expenses
Ram Realty, Pinnacle pay $15M for multifamily dev site near Aventura
Ram Realty, Pinnacle pay $15M for multifamily dev site near Aventura
Ram Realty, Pinnacle pay $15M for multifamily dev site near Aventura
A photo illustration of 3600 Biscayne Boulevard in Miami (LoopNet, iStock)
Denny’s sells Edgewater restaurant dev site in Miami for $24M
Denny’s sells Edgewater restaurant dev site in Miami for $24M
(Compass Real Estate, Zilbert, LoopNet, iStock)
Monad Terrace closing tops weekly condo sales in Miami-Dade
Monad Terrace closing tops weekly condo sales in Miami-Dade
From left: Greg Friedman (buyer), managing principal and CEO, Peachtree Hotel Group, and David Leatherwood (seller), CEO and managing member, Norwich Partners (Peachtree Hotel Group, Norwich Partners, Booking.com, iStock)
Peachtree buys AC Hotel by Marriott in Aventura for $50M
Peachtree buys AC Hotel by Marriott in Aventura for $50M
1450 Collins Avenue in Miami Beach (Google Maps)
Retail investor picks up former Señor Frog’s in South Beach
Retail investor picks up former Señor Frog’s in South Beach
Palazzo Del Mare, 7192 Fisher Island Drive
Here are Miami-Dade’s top condo sales in December
Here are Miami-Dade’s top condo sales in December
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...