BAL HARBOUR, FL — New York transplants will feel a little more connected to the Big Apple when Barneys New York opens its first Florida location. The chain confirmed that it has inked a long-term deal on a 53,000-square-foot space at the Bal Harbour Shops. The famed retailer is slated to take the wraps off its Sunshine State location in 2023.
“Following years of careful planning, Bal Harbour Shops is thrilled to announce it has signed a lease with luxury specialty retailer Barneys New York to open the brand’s first Barneys New York location in Florida,” mall officials told Patch earlier this week.
“No fewer than three generations of my family have worked in one capacity or another for nearly four decades to make this happen,” explained Matthew Whitman Lazenby, third generation leader of Bal Harbour Shops and president and chief executive officer of Whitman Family Development, LLC. “Theirs has always been a unique and compelling perspective on fashion and on luxury — and through Fr, on food, too — and we know their point of view will resonate with our customer. We are proud and humbled to welcome Barneys New York into the Bal Harbour Shops family.”
“It’s a milestone for Barneys New York to launch our first location in Florida at Bal Harbour Shops, which attracts the best clients from around the globe, who mirror today’s Barneys clients,” she said. “We’re excited for Bal Harbour shoppers to experience Barneys New York‘s renowned approach to creating environments with exclusive, rare and highly-edited products coupled with luxury services, food, and digital experiences.”
Fr at Barneys New York serves European-inspired and contemporary American cuisine. The eatery offers a dining experience that captures the style and elegance of the iconic store in which it resides alongside the world’s most coveted fashion designers. Executive Chef Mark Strausman will create a custom menu for the Bal Harbour location, using the best locally-sourced ingredients and changing menu items seasonally, according to store executives.
Brick and mortar locations continue to deliver trust, confidence, and an important social experience for shoppers, according to iModerate Research Technologies’ Marketplace Insights Report, which also found that 74 percent of shoppers believe it’s important for brands to have physical stores versus an online-only presence. This sentiment was strongest among Millennial and Gen Z shoppers surveyed in the report.
“These results seem to hold uniquely true for the Bal Harbour Shops, which industry experts say is poised for 10 percent growth due to the mall’s ultra-luxe tenants and international appeal,” added mall officials.
“The Shops are now poised to build on their unparalleled fifty-plus year legacy of success with major retail and dining upgrades to the lushly-landscaped, open-air shopping center, which sits just across from the Atlantic Ocean,” mall officials added.
Founded as a men’s retailer in 1923 in downtown Manhattan, Barneys operates flagship stores uptown on Madison Avenue and downtown in Chelsea in New York City, as well as additional flagships in Beverly Hills, Chicago, Seattle, Boston, San Francisco, and Las Vegas, along with online store Barneys.com, as well as 16 other stores and outlets across the United States.