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Front Page » Profile » Matthew Whitman Lazenby Works To Achieve Expansion Of Familys Bal Harbour Shops Adding Perhaps 25 Stores

Matthew Whitman Lazenby Works To Achieve Expansion Of Familys Bal Harbour Shops Adding Perhaps 25 Stores

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Written by on December 6, 2012

In a way, Matthew Whitman Lazenby is his family’s answer to the new world of Miami’s upscale shopping scene.

He favors the work of Ayn Rand, the late Russian-American novelist and philosopher. She believed laissez-faire capitalism is the ideal political-economic system where people deal with each other as traders of free exchange to their mutual benefit.

In a sense, he sees those elements play out every day on the job, as operating partner in his family’s business — the Bal Harbour Shops, one of Greater Miami’s bastions of high-end fashion shopping.

He is at the helm at a challenging and exciting time for the 47-year-old, open-air shopping center, which is working to stay ahead of the competition in the area’s evolving and increasingly competitive luxury retail sector. In recent years, several stores at the Shops have defected to newer locales such as the Aventura Mall and midtown-Miami’s Design District.

Mr. Whitman Lazenby, whose duties including tenant leases, says other stores have stepped in, but the need to offer designers more space is paramount. With that in mind, the Shops is about to undertake a major expansion, estimated at a cost of about $100 million, and he is helping shape the plan.

In stints working in real estate in New York and Detroit, Mr. Whitman Lazenby got the seasoning he needed to step into a leadership role at the Shops. He completed the process with a master’s degree in real estate development, which he is sure to put to use with the expansion — including relocating a nearby church.

At his office in the mall, Mr. Whitman Lazenby spoke with Miami Today reporter Scott Blake about his work to help carry his family’s legacy into the future.To read the full article and the rest of the Miami Today issue, GO TO e-MIAMI TODAY, an exact replica of the printed edition. To read this profile article in its entirety, subscribe to e-MiamiToday. With the e-MiamiToday you will be able to read the entire contents of Miami Today online exactly as it appears in print. –> Or order this issue, to receive a regular printed copy of this week’s Miami Today. You may also subscribe to the printed edition of Miami Today to receive the newspaper every week by mail. If you are reading this in Miami Today’s “Online Archive” as an archived web page and would like to see the entire article that was published, call Miami Today, 305-358-2663 and ask for the Circulation Department.   Top Front Page About Miami Today Put Your Message in Miami Today Contact Miami Today © Copyright 2012 Miami Today designed and produced by Green Dot Advertising and Marketingvar gaJsHost = ((“https:” == document.location.protocol) ? “https://ssl.” : “http://www.”);document.write(unescape(“%3Cscript src='” + gaJsHost + “google-analytics.com/ga.js’ type=’text/javascript’%3E%3C/script%3E”));var pageTracker = _gat._getTracker(“UA-4990655-1″);pageTracker._initData();pageTracker._trackPageview();

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