Turnberry To Reposition Aventura’s Loehmann’s Fashion Island

Nov 14, 2012 No Comments by

Turnberry Associates is set to make dramatic changes to one of its Aventura retail properties.

The company announced a partnership Tuesday with investors advised by Prudential Real Estate Investors to reposition the 187,000-square-foot Loehmann’s Fashion Island into Town Center Aventura.

Plans call for the repositioned property to include a 34,000-square-foot Saks Fifth Avenue OFF 5TH store and several undisclosed retailers.

Construction is scheduled to begin in January 2013, with a completion target of September 2013.

Loehmann’s is located at Biscayne Boulevard and 187th Street, south of the Turnberry-owned Aventura Mall.

 

Source:  DBR

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Industry News, Miami-Dade County Retail, NA, Retail
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