Aventura Mall Facts

Description: Aventura Mall is South Florida’s largest super regional Mall and the number one shopping destination among international visitors. It was voted Best Local Shopping Destination by the Miami Herald’s “Hot List” and ranks as one of the top five highest grossing malls in the country in sales per square foot. The 2.7 million square-foot multi-level mall recently completed a major expansion which included a new wing of upscale stores and restaurants.

Aventura Mall is home to Nordstrom, Bloomingdale’s, Macy’s, Macy’s Men’s Home Furniture, JCPenney and Sears, more than 280 stores, 10 restaurants, a 24-screen movie theater, and an artist-designed interactive playground, Rainbow Valley.

Location

Ideally located in the heart of South Florida at the Miami-Dade/Broward county line, Aventura Mall is easily accessible from I-95, the Florida Turnpike, the Palmetto Expressway and the beaches via William Lehman Causeway. The mall is situated on 82.7 acres and surrounded by South Florida’s most affluent residential areas, including Turnberry Isle, Porto Vita and the Waterways of Biscayne Bay.

Anchor Stores

Nordstrom 167,000 sq. ft.
Bloomingdale’s 253,600 sq. ft.
Macy’s 77,000 sq. ft.
Macy’s Men’s Home Furniture 225,000 sq. ft.
JCPenney 196,864 sq. ft.
Sears 191,809 sq. ft.

Key Retailers

Aventura Mall boasts over 280 specialty stores, including such internationally renowned names as Calvin Klein, M Missoni, Jo Malone, Henri Bendel, Herve Ledger by Maz Azria, Ted Baker, Apple, Abercrombie & Fitch, A/X Armani Exchange, BCBGMaxAzria, Boss Hugo Boss, Coach, Diesel, Kenneth Cole, Miss Sixty, Urban Outfitters, Bare Essentials, 7 for all Mankind, True Religion Brand Jeans, Sony Style and Anthropologie.

Total Square Footage

2.7 million square feet, six anchors, 280+ stores, 10 restaurants

Trade Area Profile

Populaltion

10 Mile Radius - 560,814
25 Mile Radius - 1,176,780
Population Trade Area - 1,737,594
Population Average Age - 39
Average Shopper Income - $115,569
Average Shopper Expenditure - $852.60
Average Length of Visit - 127 Minutes
Annual Property Visitors - 24 Million

Economic Impact

Aventura Mall has a desirable shopper base of which the household income is 53% higher than the national benchmark of $75,666; it is $115, 569. Our shopper considers herself a “designer” shopper. Furthermore, over 40% of the Aventura Mall shopper base has a household income of $100k or more and spends an average of $848 per visit. The center’s shopper base is diverse with 42% Caucasian/White, 31% Hispanic and 17% African American.

Aventura Mall’s total Trade Area is 1.7 million which is more than double the national benchmark of 785,964. Its geographic reach stretches over 25 miles reaching coveted communities such a Bal Harbour, North Miami Beach, Sunny Isles, Hallandale, Miami Beach, Miramar, Miami Lakes and many more.

The center has a thriving international customer base. The Aventura Mall visitor comes from Mexico, Latin American and Europe. The visitor profile has a median income of $177,192 and spends an average of $852 per visit; 40% are repeat visitors.

Aventura Mall approximately 6,000 employees

Community

Aventura Mall is the epicenter of the City of Aventura, and is a large part of this bustling municipality. Since its inception, the Mall has served as a catalyst for the community and surrounding development. It actively supports local charities on an ongoing basis, including Miami Children’s Hospital, the Humane Society of Greater Miami/Adopt-A-Pet, Children’s Home Society, Diabetes Research Institute, and more through various special events and fundraising programs.

Tourism

According to statistics generated by the Greater Miami Convention and Visitors Bureau of the 12.1 million overnight visitors to Miami, 52% were domestic U.S. and 48% were international. These Statistics are for 2008.

With a wide variety of retailers and entertainment venues appealing to various demographics, we can please the most discerning shoppers visiting South Florida. In establishing the mall as a tourist destination, we reach out to domestic and international markets with various initiatives.

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