Saks Fifth Avenue Considering Leaving Bal Harbour Shops After Expansion Approved

Saks Fifth Avenue is unhappy about a recently approved plan to expand Bal Harbour Shops and is considering vacating, according to the Herald.

The $400 million expansion includes 340,387 square feet of new space with a new flagship store, anticipated by the owners to be Barneys New York. There will also be upgrades to the Neiman Marcus store.

Saks Fifth Avenue is also considering legal action, according to their attorney. The store would not be upgraded under the mall’s plan, and customers would be forced to rely more on valet parking rather than self parking.

Saks recently opened a flagship store at Brickell City Centre, which Bal Harbour Shops owner Whitman Family Development owns a minority stake in.

Bal Harbour Shops hopes to break ground by year end after receiving approval last week. Construction could take six years.

 

(renderings: zyscovich)

 

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Anonymous
4 years ago

You would leave the most successful mall in America? I’m guessing this is a joke right? Well bye bye if you feel you can do better some where else.

Anonymous
4 years ago

They should have left years ago, that mall has been in a decline for some time now. It’s not what it used to be, too many new offerings for high fashion are available in miami now. The sacks store in Bal Harbour also looks tired. Instead of renovating they should move to the Design District and open a smaller flagship only carrying the top brands.

Anonymous
4 years ago

yup

Anonymous
4 years ago

Too many new big malls everywhere……..mmmmm and with all this new changes in consumer preferences and spending , and the amazon exponential multiplier … the future it is not so clear :-/

Yohan Perez
4 years ago

move to design district. much better future there

Anonymous
4 years ago

From Lincoln Road to Bal Harbour, and now to Brickell, Saks has moved around Miami over the years. I hope it stays at BCC, assuming the Hudson Bay Company doesn’t run it into the ground, as they are with Lord & Taylor.

Insider
4 years ago

they would be idiots to leave Bal Harbor Shops. even in the worst economic times people from all over the world come there to shop.

Robespierre
4 years ago

Aww poor Saks Fifth Avenue. So unfair.

aceraroja
4 years ago

XD

Anonymous
4 years ago

HBC only cares about Saks.com. No need for brick and mortar anymore. Lost my job after 25 years.

Gringo
4 years ago

Why everytime I go to BCC I end up buying something I had no interest in…