Boca Raton, Florida - The premier Italian watchmaker expands in sunny in South Florida. Officine Panerai, which is a leading Italian luxury watchmaker, has recently opened two South Florida locations. These Retail stores are located in Bal Harbour Shops and on Worth Avenue in Palm Beach. This makes three Panerai locations in South Florida already. The Boca Raton Homes For Sale staff saw the boutique in Mizner Park of our Boca Raton. Both of the newly opened boutiques offer a selection of limited edition watches. There are only five locations in the U.S., with stores in Los Angeles and New York City.
South Florida Will Have 20 New Condo Towers
There are 20 condominium towers currently being proposed in South Florida. These condo Towers will include two downtown locations and another in South Beach. The 20 towers could have as many as 4,000 units in the area east of I-95. The moves come in part from a surge in foreign buyers prepared to pay with cash. The first condo tower near the coast to assemble a crane for vertical development is the 23 Biscayne Boulevard project in Miami. Miami Condos are a welcome change for many foreign Investors from Venezuela.
New Retail Tenants at Bal Harbour Shops
The Bal Harbour Shops Several new luxury tenants are debuting at the Bal Harbour Shops. These retail tenants include Breguet, CH Carolina Herrera, Panerai and Stella McCartney, with more on the way. The moves follow the high-profile departures of several retailers, including Louis Vuitton and Cartier; Hermes will also leave next year. It’s always been important for Bal Harbour Shops to maintain the allure of luxury. The exclusivity has always defined the Miami Shopping scene. 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 could end up being successful in a different kind of way.
The History Of Bal Harbour Shops
In 1965 when owner/developer Stanley Whitman opened the first exclusive high-fashion shopping center, on what had been the site of a World War II army barracks, retail experts scoffed at Bal Harbour Shops upscale store mix. At that time the norm was to mix essential service tenants such as grocery and hardware stores with retail. And with the advent of air conditioning sweeping the nation, enormous enclosed malls were being built at breakneck speed. Bucking this popular trend in shopping center development, Bal Harbour Shops was designed to celebrate the balmy beauty of South Florida. Ideally situated between the Atlantic Ocean and Biscayne Bay in the affluent village of Bal Harbour, the lushly landscaped, open-air mall didn't look or feel like any other center in America.
Affluent Village of Bal Harbour and Paris Style Boutiques
From the beginning Bal Harbour Shops was successful largely due to Whitman's determination in persuading Neiman Marcus to open their first specialty department store outside its native Texas and in luring designer boutiques that previously could only be found along the Champs-Elysee in Paris pre-opening brochure rendering or New York's Fifth Avenue. Attracted by the immediate success of Neiman Marcus, Saks Fifth Avenue became Bal Harbour's second anchor store in 1976.
Tranquil Green Oasis With Shopping Near The Ocean
Recognized as the forerunner of luxury shopping mall developers, with many "firsts" in the industry, Stanley Whitman was considered something of a maverick. He was the first developer in the country to charge for parking; to restrict illuminated signage on store fronts and to create a "green oasis" of tranquility within the shops walkways. Traditional centers planned for horizontal expansion, while Bal Harbour was planned for vertical growth with the addition of the second level of stores in 1982.
