Tuesday, March 29, 2011

Louis Vuitton moving to Aventura

The French luxury label will take temporary space there until it opens a larger store “adhering in design to the Maison’s very latest global store concept,” which the company said is scheduled to open in fall 2012.
“We are delighted to be bringing our Miami home to Aventura,” said Geoffroy Van Raemdonck, president of Louis Vuitton North America, in a news release. “Louis Vuitton has been an established presence in the region for several decades, and we felt it was time we were able to respond to the evolving needs of our customers by offering them a significantly enhanced environment.”

The temporary Aventura Mall location will feature a space dedicated to a rotation of work by renowned artists.
Louis Vuitton has six other South Florida locations, as well as stores in Naples, Tampa and Jacksonville.
The company also has plans to open a new store in the Miami Design District, according to several published reports.

Read more: Louis Vuitton moving to Aventura | South Florida Business Journal

Wednesday, March 9, 2011

Hispanic Supermarket Sabor Expanding

President Supermarket is out, and Sabor Tropical Supermarket is moving in at Miami’s Biscayne Plaza.
The Hispanic supermarket chain, which has four other stores, has signed a 20-year lease for 24,000 square feet at the Biscayne Plaza Shopping Center. The deal is valued at $2.4 million.


 
Another store, at 5011 Broadway in West Palm Beach, is undergoing renovations, according to owner Rafael Castro.


As part of the deal, Sabor Tropical has to renovate the interior no later than January 2012, according to a news release from Terranova Corp., whose Executive VP Mindy McIlroy brokered the deal.
The store is open, and renovations will take place in the evenings while the store is closed.

Castro said he opened his first store four years ago and has been expanding with new ones. He said there’s a lot of work to be done at his newest location, but he’s planning to do it “little by little.”

There will be a seamless transition between President and Sabor Tropical, so there will be no impact to the community,” McIlroy said in a news release. “This is the first step in the right direction for the redevelopment of this community shopping center.”


By: Susan R. Miller