When the name of your project is the Miami Design District, it goes without saying that the architecture has to be impressive.
Sou Fujimoto impressive. Fujimoto, the rising star who was selected this year to design the Serpentine Gallery pavilion in London — considered one of the world’s plum commissions — created a facade for a 15,200-square-foot mixed-use retail building in the Design District’s Palm Court, which is set to bow in 2014. Meanwhile, the Design District revealed the next round of tenants to sign leases, a list of 22 upscale brands.
The development is owned by Miami Design District Associates, a partnership between Craig Robins’ company Dacra, and L Real Estate, a global real estate development fund focused on luxury retail-driven mixed-use projects in which LVMH Moët Hennessy Louis Vuitton is a minority investor.
Luxury retailers view the district as an alternative to the Bal Harbour Shops, which has been enforcing a radius restriction clause that prohibits tenants from opening stores within 20 miles of the mall. Brands that opened stores in the Design District include Hermès, Agnona, Berluti, Cartier, Céline, Christian Louboutin, Dior Homme, Emilio Pucci, Louis Vuitton, Prada, Maison Martin Margiela and Marni.
The next phase of tenants will include Dolce & Gabbana, Giorgio Armani, Harry Winston, Hublot, IWC, Loewe, Longchamp, Marc Jacobs, Miu Miu, Panerai, Parmigiani, Piaget, Rick Owens, Rolex, Tag Heuer, Tiffany & Co., Tod’s, Vacheron Constantin, Valentino and Van Cleef & Arpels.
Robins said 50 stores will open in fall 2014, with 60 bowing in 2015. “Sales have been very strong already, even though we don’t have critical mass.”
Fujimoto’s facade encompasses the building’s first and second floor arcades and creates a structural waterfall pedestrians can walk under. The Palm Court will house about 20 watch and jewelry brands.
“The neighborhood is evolving organically,” Robins said. “Steadily, new things are happening. There’s new architecture and new businesses are opening. We control 70 percent. It’s nothing like a mall, it’s a real place.” A real place with amazing art. Zaha Hadid designed an installation, Marc Newson created a fence, and John Baldessari will do an art installation.
Design District rents range from $100 a square foot to $200 a square foot.
London’s newly opened @designmuseum will look back on the life and work of Azzedine Alaïa in a show that the designer helped to curate before he died of heart failure last month. The retrospective, which Alaïa had worked on with Mark Wilson, chief curator of the @groningermuseum, will look at the impact of his work worldwide. The show, “Azzedine Alaïa: The Couturier,” will run from May 10 to October 7. Read more about the exhibit on WWD.com #wwdnews #wwdfashion (📷: @zefashioninsider)
@Pharrell and his wife Helen Lasichanh were among the stars that came out to celebrate @rimowa’s first pop-up concept shop. The space, which is located on Rodeo Drive in Beverly Hills, draws inspiration from airport luggage carousels and lounge areas – and features the company’s luggage and accessories. If the pop-up is successful it could pave the way for addition temporary shops throughout the world. #wwdfashion (📷: Owen Kolasinski/BFA)
@carineroitfeld celebrated @crfashionbook’s first calendar last night with a dinner party at Spring Place in Manhattan. Photographed by @stevenkleinstudio, the calendar takes on a fitness theme and features @joansmalls, @gigihadid, @danielle_herrington_ – pictured here – and more. “[Carine Roitfeld] wanted me to feel sexy and she wanted me to be myself and feel it out on my own and do what I felt was right,” said Herrington, aka Miss October. #wwdeye
@saintrecords and @virgilabloh last night at @americanexpress’ “A Night With Success Makers” event. “I always bring it back to community because without that I wouldn’t have the courage,” said Knowles when asked how she has gotten where she is now. Read more highlights from their conversation on WWD.com. #wwdeye (📷: @lizdoupnik)
This Just In: Industry sources have told WWD that Anastasia Soare is rumored to be considering selling her beauty business, @anastasiabeverlyhills. According to those sources, Soare has tapped investment bank Imperial Capital to explore sale options for her eponymous beauty brand –– and with at least $340 million in net sales, this would be a big deal. Put in context of other recent transactions for makeup companies, Soare’s price tag could be in the billions if she were to sell the whole thing. #wwdnews #wwdbeauty (📷: @clint_spaulding)
@assouline’s latest book, “The Spirit of Bentley: Be Extraordinary” captures the adventurous attitudes and opulent lifestyles of @bentleymotors’ most creative owners and enthusiasts throughout the U.K. The 292-page hardcover has a section dedicated to showing its team of skilled artisans and photos of its most colorful owners, from George Bamford to designer @alicetemperley, pictured here by Aline Coquelle. #wwdeye
@google released its report on the most popular search terms this year. For fashion brands, the list was led by @gucci, the luxury brand that stunned the market last October when it pledged to stop using fur. Runner ups were @supremenewyork and @fashionnova, along with more established brands like @louisvuitton, @chanelofficial and @ysl. #wwdfashion (📷: @aitorrosasphoto)
In yet another fashion show shuffle, @elleryland is moving its show in sync with the Paris couture calendar — though the brand is still keeping one foot on the city’s ready-to-wear schedule. Their runway show in January will coincide with the launch of a new strategy: designing two main collections each year instead of four, which will then be released in four drops. “As we all know, the system needs to change. We need to show sooner to give time back to artisans and designers to do what they do best — create,” said founder Kym Ellery. #wwdnews #wwdfashion (📷: @kukukuba)
@maxmara’s classic 101801 coat was the cornerstone of its pre-fall 2018 collection. The design team expanded the traditional double-breasted, kimono-sleeved style into a trapeze coat, lean belted styles and a peacoat and presented them in monochromatic looks – like the camel one pictured here. #wwdfashion #prefall18 (📷: George Chinsee)