Whitman Family Unveils Plans for 18-Acre Mixed-Use Development in Bal Harbour

Whitman Family Development, the visionary force behind Bal Harbour Shops, pioneers a groundbreaking mixed-use development within the iconic retail complex. The family-owned company plans to augment the 18-acre property with a blend of attainable and upscale residences, alongside a boutique hotel, transforming the commercial heart of Bal Harbour, Florida.

A Premier Hub for Locals and Visitors

Bal Harbour Shops, an upscale retail destination with over 100 shops, restaurants, and entertainment venues, stands as the centerpiece of Bal Harbour Village. The proposed mixed-use project includes 600 high-end residential units, prioritizing 40% for workforce housing and 60% for luxury living. Complementing this, a 70-room upscale hotel and additional retail space totaling 45,700 square feet are part of the ambitious plan.

Florida’s Live Local Act Paves the Way for Innovative Development

Enabled by Florida's Live Local Act, Whitman Family Development capitalizes on the legislative framework to address the pressing need for affordable housing. The act allows for increased density and building heights, subject to the inclusion of attainable housing units. This move aligns with the company's commitment to providing housing solutions for service professionals, teachers, and first responders who contribute significantly to the community.

Revolutionizing Miami’s Housing Landscape

Matthew Whitman Lazenby, President and CEO of Whitman Family Development, emphasizes the company's commitment to sustainable housing solutions. The project aims to diversify Bal Harbour's housing market, making it accessible to the community's essential workers who are currently priced out of the market. By addressing the demand for attainable housing, the development intends to create a more inclusive and sustainable living environment.

A Fusion of Luxury and Accessibility

Whitman Family Development has formally submitted plans for the mixed-use development, with a phased approach awaiting building permits. The project's components include an attainable housing tower, luxury residences, and a boutique hotel. These structures will not only redefine the skyline with a height of approximately 275 feet but also prioritize pedestrian access, fostering connectivity within the development and the surrounding neighborhood. The new tax revenue generated will contribute to public safety enhancements and vital infrastructure improvements, alleviating potential burdens on residents and solidifying Bal Harbour's status as a world-class destination.