Located at the intersection of US 1 and Kendall Drive andanchored by Burdine's, Lord & Taylor, Saks Fifth Avenue and JCPenney, the mall is reputedly one of the country's tenhighest-grossing shopping centers with annual sales of $558million.
Plagued by delays, the proposed mall expansion never came off.In 1997, the Indianapolis-based Simon Property REIT purchased a 50%interest in the complex and assumed full managementresponsibilities.
In 1999, a new zoning ordinance was adopted setting strict rulesfor how developers must build in the district, which is anchored bytwo Metrorail stations and Kendall Drive, from Dixie Highway to thePalmetto Expressway. Dadeland was given five years to pull togetherthe necessary building permits for the addition.
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