Bal Harbour Shops has announced an ambitious new phase of growth that will add approximately 200,000 square feet of new retail space to the Miami luxury shopping destination.

Coinciding with its 60th anniversary, the next phase will introduce more than 30 new stores and expansions to existing boutiques, with a strong focus on luxury and experiential brands designed to elevate the shopping experience. Several existing tenants—including Prada, Balenciaga, Saint Laurent, and Brioni—will relocate within the center into the new expansion wing. 

The expansion comes as the center continues to post exceptionally strong performance, with annual sales estimated at $2,000–$3,000 per square foot—well above typical U.S. mall averages. Dining remains a cornerstone of the destination’s success, generating nearly $70 million in annual sales through signature restaurants such as Carpaccio and Makoto.

The new expansion will further enhance Bal Harbour’s culinary appeal. China Grill, the iconic Asian-fusion restaurant founded by Jeffrey Chodorow, will reopen at the Shops after closing its original South Beach location. A new high-end steakhouse from restaurateur Stephen Starr, Slim’s, is also set to debut in spring 2026.

Founded in 1965 by the Whitman family, Bal Harbour Shops remains one of the few family-owned shopping centers in the U.S. Today, fourth-generation family member Matthew Whitman Lazenby serves as president and CEO. Whitman Family Development recently secured a $740 million loan to fund construction and continued growth.

Earlier this month, Bal Harbour Shops invited more than 1,000 guests to celebrate its 60th anniversary with a series of immersive moments that paid homage to the last six decades.

“As we celebrate six decades of excellence, we honor not only the legacy built by my grandfather but also the community of brands, guests, and partners who have shaped our story,” said Matthew Whitman Lazenby. 

“Bal Harbour Shops has always been more than a destination—it’s a timeless reflection of what makes luxury truly enduring.”