Sears to Develop Open-Air Village at Aventura Mall

 The Sears Holdings Corporation is planning a major redevelopment of Sears at Aventura Mall. Plans submitted to the City of Aventura call for an open-air village that will feature retail, restaurants, offices and a hotel.

Esplanade at Aventura will use the full 12.3 acres owned by Sears that currently features a Sears store, Sears Auto Center and adjacent surface parking areas. The development will include approximately 250,000 square feet of retail and restaurants, 45,000 square feet of office space and a hotel.

Sears will retain a presence in a 20,000-square-foot smaller-format store, the company announced in a press release.

“With a location adjacent to one of the most successful malls in the nation, we have high expectations for Esplanade at Aventura and its ability to draw a unique offering of local, national and international retail concepts,” said Steve Yenser, executive vice president of JLL Retail, which is marketing the development.


The information contained herein was obtained from sources deemed to be reliable. However, Salzman Real Estate Advisors makes no guarantees, warranties, or representations as to the completeness or accuracy thereof.
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