EYEING A SITE?: Saks Fifth Avenue is eyeing the Brickell City Centre mixed-used project in Miami, but the company declined comment on whether it is close to signing a lease. “We are clearly always looking for new locations, but we have not confirmed we are going to the Brickell City Centre” said a Saks spokeswoman. “We are looking at many spaces.”
Saks operates eight stores in Florida, including two in Miami, in Bal Harbour Shops and the Dadeland Mall.
This story first appeared in the May 12, 2014 issue of WWD. Subscribe Today.
The 2.9-million-square-foot Brickell City Centre is being built in Miami’s financial center by Swire Properties.
Swire remains the primary developer, while Bal Harbour Shops has taken an equity stake and will bring its high-end retail expertise to help develop and lease the 500,000-square-foot shopping center.