Waterside Shops
Waterside Shops is a luxury outdoor shopping center in Naples, Florida, anchored by Saks Fifth Avenue and housing 60+ upscale retail stores and restaurants. Operated by The Forbes Company, it serves affluent luxury shoppers in Southwest Florida through curated retail and fine dining.
- Company typePrivate
- Founded1994
- HeadquartersNaples, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Waterside Shops does
Waterside Shops is a luxury outdoor shopping center located at 5415 Tamiami Trail N in Naples, Florida, founded in 1994 and operated as Waterside Shops LLC under The Forbes Company LLC, a privately held owner/developer/manager of regional shopping centers headquartered in Southfield, Michigan. The Forbes Company also owns Somerset Collection, The Gardens Mall in Palm Beach Gardens, and The Mall at Millenia in Orlando. The single Naples asset comprises more than 60 upscale retail stores and restaurants anchored by Saks Fifth Avenue, with a tenant roster that includes Gucci, Louis Vuitton, Hermès, Tiffany & Co., Van Cleef & Arpels, Dior, Brunello Cucinelli, Ferragamo, Omega, Bucherer (with Rolex), Zimmermann, Lilly Pulitzer, Tory Burch, Ralph Lauren, lululemon, Sephora, Kendra Scott, and a dining mix that includes Eddie V's, True Food Kitchen, California Pizza Kitchen, BrickTop's, and Santa Fe Cafe. The property's physical environment — 30,000 tropical plants, a 550-foot hand-laid rock wall, cascading waterfalls, and dramatic lighting under royal palm trees — is positioned as a differentiating factor versus conventional indoor malls.
Waterside Shops generates revenue by leasing retail space to luxury brand tenants; pricing of goods sold at the property is set by individual tenant retailers and is not controlled by the landlord. The go-to-market motion is direct-to-consumer foot traffic at the physical Naples location, with no e-commerce channel at the property level. Marketing channels include the company's official website, email newsletter, Facebook, Instagram, Yelp, Trip Advisor, and a "News + Style" editorial platform featuring fashion films (THE EDIT 2025, WESTERN WONDERS, CHECK PLEASE, AT PLAY, CRIMSON CRUSH, DENIM REMIX, FAIRYTALE FOREST) and seasonal trend reports. Customer service amenities include free security assistance, lost and found, wheelchair availability, and vehicle battery jump-starts.
The company is privately held with no disclosed funding rounds, investors, or public listing. Headcount is in the 11–50 range. The active 2026 tenant expansion program is adding Dior (opened June 2026), Eddie V's Prime Seafood (opened June 2026), Restoration Hardware Gallery with integrated RH restaurant (late 2026), Buck & Rider (late 2026, the concept's first Southwest expansion location), Peter Millar (late 2026), Love Shack Fancy (Fall 2026), Piranesi (Fall 2026), Vuori (Fall 2026), and a permanent Omega boutique (construction beginning Summer 2026). The company has no disclosed AI/ML technology, API surface, or proprietary software product; its technology footprint is limited to a consumer-facing website with basic accessibility features.
Waterside Shops firmographics
Firmographics- Name
- Waterside Shops
- Legal name
- Waterside Shops LLC
- Website
- https://watersideshops.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Waterside Shops is a luxury outdoor shopping center in Naples, Florida, anchored by Saks Fifth Avenue and housing 60+ upscale retail stores and restaurants. Operated by The Forbes Company, it serves affluent luxury shoppers in Southwest Florida through curated retail and fine dining.
- Ownership category
- akta.pro rank
Where Waterside Shops is headquartered
LocationHeadquarters
- HQ city
- Naples
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Waterside Shops business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations
Revenue model
- Retail Tenant Leases: Waterside Shops generates revenue by leasing retail space to luxury brand retailers and restaurant operators. The mall operates as a landlord for over 60 stores and restaurants.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
Waterside Shops product offering
Product offeringCore offering
Waterside Shops is a luxury outdoor shopping center in Naples, Florida, featuring over 60 upscale retail stores and fine dining establishments in a tropical open-air setting with cascading waterfalls, a 550-foot hand-laid rock wall, and 30,000 tropical plants. The mall operates as a unified luxury shopping destination anchored by Saks Fifth Avenue and houses premium brands including Gucci, Louis Vuitton, Hermès, Tiffany & Co., Van Cleef & Arpels, Dior, and fine dining restaurants. Revenue is generated by leasing retail space to these luxury brand retailers and restaurant operators.
Product overview
Waterside Shops is a luxury open-air shopping center in Naples, Florida, anchored by Saks Fifth Avenue and home to over 60 upscale retail stores and fine dining establishments. The property operates as a unified shopping destination combining luxury fashion (Gucci, Louis Vuitton, Hermès, Dior, Van Cleef & Arpels, Tiffany & Co.), fine jewelry and watches (Omega, Bucherer, Panerai, Rolex at Bucherer), beauty and wellness (Sephora, Kendra Scott), restaurants (Eddie V's, True Food Kitchen, California Pizza Kitchen, Buck & Rider coming late 2026), and lifestyle apparel (lululemon, Vineyard Vines, Vince, Veronica Beard). The center features lush tropical landscaping with cascading waterfalls and 550-foot hand-laid rock walls. Waterside Shops also produces proprietary editorial content including fashion trend reports and branded films. Owned and managed by The Forbes Company, the property serves as a premier luxury retail destination on Florida's Paradise Coast.
Differentiator
Problem solved
Functional benefit
Products and services
- Luxury Outdoor Shopping Destination
- Saks Fifth Avenue
- Luxury Fashion Boutiques
- Fine Jewelry Stores
- Luxury Watch Boutiques
- Sephora Beauty Retail
- Eyewear Stores
- Fine Dining Restaurants
- Casual Dining Restaurants
- Home Furnishings Stores
- Apparel and Fashion Stores
- Tesla Automotive Showroom
- News + Style Editorial Content
- Retail Space Leasing Services
- Mall Amenities and Concierge Services
Companies that use Waterside Shops
Customer profileNamed customers9 records
Segments2 records
Ideal customer profiles2 records
Waterside Shops technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Waterside Shops partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- The Forbes CompanycoreThe Forbes Company LLC is the owner and operator of Waterside Shops. Based in Southfield, Michigan, The Forbes Company is a nationally recognized owner, developer and manager of iconic regional shopping centers. In addition to Waterside Shops, their properties include Somerset Collection, The Gardens Mall in Palm Beach Gardens, and The Mall at Millenia in Orlando.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Waterside Shops competitors and assessment
Company assessmentDirect peers
- The Forum Shops at Caesars Palace: Luxury shopping and dining destination on the Las Vegas Strip. Comparable as a luxury-focused retail environment combining high-end fashion brands with destination dining concepts.
- The Galleria at Fort Lauderdale: Upscale enclosed shopping mall in Fort Lauderdale, FL. Comparable as a South Florida luxury shopping destination anchored by Neiman Marcus and featuring luxury inline tenants.
- Bal Harbour Shops: Iconic open-air luxury shopping center in Bal Harbour, FL. Closest direct peer in terms of open-air format, luxury positioning, and affluent South Florida customer base; historically valued at over $1B.
- South Coast Plaza: One of the highest-grossing luxury shopping centers in the U.S., located in Costa Mesa, CA. Comparable as a trophy luxury retail destination with a curated mix of high-end fashion, jewelry, and dining.
- The Gardens Mall: Upscale Florida shopping mall in Palm Beach Gardens, also owned by The Forbes Company. Direct peer given shared ownership, Florida location, and luxury retail positioning.
- Rodeo Drive: Iconic luxury retail street in Beverly Hills, CA. Comparable as a curated luxury shopping destination serving HNW and global tourist customers, though in a street-retail rather than enclosed format.
- The Mall at Millenia: Luxury super-regional shopping center in Orlando, FL, also owned and managed by The Forbes Company. Directly comparable as a sister Forbes luxury asset with a similar high-end tenant mix including Saks Fifth Avenue and Apple.
- Aventura Mall: Premier luxury shopping destination in Aventura, FL. Comparable as a top-tier Florida luxury mall with anchor department stores and a strong inline luxury tenant mix.
- Somerset Collection: Trophy luxury shopping center in Troy, Michigan, also owned by The Forbes Company. Among the highest-performing luxury malls in the U.S. with a comparable anchor and luxury tenant roster.
Broad incumbents
- King of Prussia Mall: One of the largest shopping malls in the U.S., located in Pennsylvania. Comparable as a luxury-included super-regional mall anchored by Neiman Marcus, Bloomingdale's, and Nordstrom.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Waterside Shops social profiles
Digital presenceWaterside Shops financial estimates
Financial estimateRevenue estimate
Valuation estimate
Waterside Shops leadership team
Management profileNumber of profiles
Waterside Shops funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Waterside Shops M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Waterside Shops
What does Waterside Shops do?
Waterside Shops is a luxury outdoor shopping center in Naples, Florida, featuring over 60 upscale retail stores and fine dining establishments in a tropical open-air setting with cascading waterfalls, a 550-foot hand-laid rock wall, and 30,000 tropical plants. The mall operates as a unified luxury shopping destination anchored by Saks Fifth Avenue and houses premium brands including Gucci, Louis Vuitton, Hermès, Tiffany & Co., Van Cleef & Arpels, Dior, and fine dining restaurants. Revenue is generated by leasing retail space to these luxury brand retailers and restaurant operators.
Is Waterside Shops a public or private company?
Waterside Shops is a private company. It is classified as corporate owned and is currently operating.
When was Waterside Shops founded?
Waterside Shops was founded in 1994. It employs 11 to 50 people.
Where is Waterside Shops based?
Waterside Shops is headquartered in Naples, United States, in the North America region.
How does Waterside Shops make money?
One revenue line is on record: retail Tenant Leases.
Who are Waterside Shops's main competitors?
Direct peers on record are The Forum Shops at Caesars Palace, The Galleria at Fort Lauderdale, Bal Harbour Shops, South Coast Plaza, The Gardens Mall, Rodeo Drive, The Mall at Millenia, Aventura Mall and Somerset Collection. King of Prussia Mall is listed as a broad incumbent.
Does Waterside Shops have an API?
No public API is recorded for Waterside Shops.