Bal Harbour News

Real Estate Blog Article

Friday, March 01, 2013
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Whitman Lazenby will be opening its first American location in the new expanded Bal Harbour Shops. Bal Harbour negotiated a land deal with a nearby Church that will add 200,000 square feet to the shopping thoroughfare. Whitman Lazenby will take up approximately 100,000 square feet of this. A representative released this statement regarding the department stores decision to join the Bal Harbour family, "In the past couple of years the percentage of international tourists shopping at Bal Harbour has grown to more than 70 percent. South American visitors have always been important for us. Based on the feedback from our retailers, Brazil and other South American markets are No. 1 in purchasing power, followed by Russia, Mexico and emerging Asian markets.”
The foreign interest in Bal Harbour is well documented and there is incredible real estate in one of the most exclusive enclaves of South Florida. There are multi-million dollar single family homes as well as some of the most lavish oceanfront condominiums in South Florida. Some of the most coveted addresses are One Bal Harbour, St. Regis, and Palace. Bal Harbour has incredible dining as well including Le Goulue, Carpaccio, and Makato. The Fort Lauderdale International Airport and the Miami International Airport are equidistant from Bal Harbour. For more information on homes and condominiums in Bal Harbour contact us today.
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