X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Shoppers pass in front of a Chanel SA store at the Bal Harbour Shops in Miami, Florida, U.S., on Friday, Jan. 26, 2018. While some malls are desperately seeking financial lifelines, Bal Harbour Shops is planning a $400 million expansion. Photographer: Scott McIntyre/Bloomberggrapher: Scott McIntyre/Bloomberg

At the northern tip of Miami Beach’s famed barrier island, atop what was once a tangle of mangrove-filled swamps, sits a three-story, 466,000-square-foot sanctum for the super-rich. A pair of models dressed in beige linen outfits strut silently past onlookers like a wandering catwalk ad. Outside, shoppers shell out $30 for valet parking and the right to show off their supercars near the main entryway.

Bal Harbour Shops looks like a posh resort compared with the 1,100 or so indoor malls sprinkled throughout America’s suburbs. Instead of the glare of fluorescent lights and fake plants, the main drag here is lined with tropical greenery and ponds with turtles and koi. It’s different from your run-of-the-mill mall in other ways, too: This one isn’t constantly cutting deals on rent to get stores to stay. In fact, there’s a waitlist. And while some malls are desperately seeking financial lifelines, this one is planning a $400 million expansion.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com

Dig Deeper

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.