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Waterside Shops

Coordinates: 26°12′48″N 81°48′09″W / 26.2132°N 81.8025°W / 26.2132; -81.8025
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Waterside Shops
Map
LocationPelican Bay, FL
Coordinates26°12′48″N 81°48′09″W / 26.2132°N 81.8025°W / 26.2132; -81.8025
Opening date1992
DeveloperWestinghouse Communities of Naples, Inc.
ManagementThe Forbes Company
OwnerThe Forbes Company
No. of stores and services60
No. of anchor tenants2 (1 open, 1 vacant)
Total retail floor area280,000 square feet
No. of floors1
WebsiteWaterside Shops

Waterside Shops is an open-air mall located on Tamiami Trail in Pelican Bay, Florida, just to the north of Naples, Florida. Opened in 1992,[citation needed] the mall features Saks Fifth Avenue as the anchor tenant. The mall opened with 85% of its retail space leased.[1] Since 2003, the mall has been managed by the Southfield, Michigan-based Forbes Company, which also operates several other upscale malls in Michigan and Florida.[2] Its open-air concourses feature waterfalls and landscaping.[3] Some of the more popular stores the mall has are Gucci, Louis Vuitton, Tesla, Rolex, and among others.

In May 2020, it was revealed that Nordstrom would be closing this location permanently as part of a plan to close 16 locations nationwide.[4][5] This will leave Saks Fifth Avenue as the only anchor store left. Von Maur may replace the vacant spot.[6]

References

  1. ^ Urban Land Institute (1993). ULI Market Profiles. Vol. 1. Urban Land Institute. ISSN 0894-6108. Retrieved June 14, 2016.
  2. ^ http://www.watersideshops.com/sites/watersideshops.com/files/uploads/Fact%20Sheet.pdf
  3. ^ "coms2/gi_0199-4010289/Taubman-and-Forbes-Acquire-an". goliath.ecnext.com. Retrieved June 14, 2016.
  4. ^ May 06, Tom Lappas | on; 2020 (May 6, 2020). "Report: Nordstrom closing Short Pump store permanently". The Henrico Citizen. Retrieved May 29, 2020. {{cite web}}: |last2= has numeric name (help)CS1 maint: numeric names: authors list (link)
  5. ^ "Nordstrom closing permanently at Waterside Shops in Naples". www.nbc-2.com. May 8, 2020. Retrieved May 29, 2020.
  6. ^ "In the Know: The irony of the 'Nordstrom of the Midwest' potentially replacing Nordstrom itself in Naples".