MIAMI — The luxury market can’t get enough of Miami or vice versa this year. The Four Seasons and The Ritz-Carlton hospitality chains opened hotel and residential towers; lavish high rises, including designer Philippe Starck’s Icon, are nearing completion or breaking ground, and the Village of Merrick Park bowed as an upscale, outdoor shopping concept with tenants like Neiman Marcus, Sonia Rykiel and Carolina Herrera.

Bal Harbour Shops are also getting in on the action, with Roberto Cavalli, D&G, Louis Vuitton and Hermès launching or undergoing renovations in 2002.

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