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February 27, 2014

Aventura Mall Announces Major Expansion

By Chris Boyle

Aventura MallAventura Mall, Miami’s premier fashion destination, has announced a significant expansion that will include a new three-level, 241,000 square foot retail wing and parking garage. Construction is expected to begin this year.

Located between Miami and Fort Lauderdale, Aventura Mall is one of the top five highest grossing malls in the country in terms of sales per square foot and recently was ranked by the Greater Miami Convention & Visitors Bureau as the city’s most-visited shopping center by tourists. Anchored by Nordstrom, Bloomingdale’s and Macy’s, the center features more than 300 of the world’s most iconic, recognized retailers and a growing collection of luxury boutiques, including Louis Vuitton, Cartier, Burberry, Red Valentino, Emilio Pucci, Philipp Plein, Sandro and Breitling.

Meeting the needs of Aventura Mall’s increasingly fashion-centric visitor base will be a focus of the new expansion said Jackie Soffer, principal of Turnberry Associates, owner and manager of Aventura Mall.

“Continued resurgence in the real estate market and tourism growth have led to significant increases in the number of affluent Miami shoppers, specifically at Aventura Mall,” Soffer said. “We’ve had tremendous demand from retailers and simply don’t have enough space to satisfy their needs.”

Aventura Mall opened in 1983 and has been a key component in the City of Aventura’s dynamic residential and tourism growth. A 1997 expansion doubled the shopping center’s footprint and a 2007 addition included Nordstrom and a three-level wing of upscale stores. At 2.7 million square feet, Aventura Mall is one of the largest shopping centers in the country and welcomes nearly 30 million visitors each year.

“It’s been incredible watching South Florida evolve into one of the world’s leading fashion destinations,” Soffer added. “We’re very excited about the continued transformation of Aventura Mall, which will provide an enhanced shopping experience for our local and international visitors.”

Located at 19501 Biscayne Boulevard, the mall is open Monday through Saturday, 10 am to 9:30 pm, and Sunday, Noon to 8pm. For more information call (305) 935-1110 or visit online at www.aventuramall.com.

(Source: Aventura Mall)

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