More Revenue, More Events in Palm Beach

A new change to your shopping experience on Worth Avenue may shift how money is made for the retailers in the area.

Francis Scire believes customers want more outdoor events, according to Palm Beach Daily News. This means more outdoor related events could occur, as the town supports this initiative.

Scire manages the Esplanade located in Palm Beach on Worth Avenue. This was taken after a similar plaza in Palm Beach implemented outdoor events and this helped increase revenue for the retailers in that plaza.

Scire has extensive experience with engagement and revenue. According to Palm Beach Daily News, he is also a senior vice president at the real estate firm called O’Connor Capital Partners. According to the O’Connor website, they are a privately owned investment firm.

According to Scire’s biography on the O’Connor Website, he’s also a member of the International Council of Shopping Centers. Their mission statement is “to ensure the retail real estate industry is broadly recognized for the integral role it plays in the social, civic and economic vibrancy of communities across the globe.”

More Revenue, More Events in Palm Beach

Esplanade is located at 150 Worth Ave and runs right along A1A by the beaches and features an array of places to shop. There is a Saks Fifth Avenue located in the Esplanade amongst many high end stores. The Esplanade is two levels. Some shops include Gucci, Emilio Pucci, and Worth Avenue Yachts. There is a Starbucks located there, as well.

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Some of the possible times for these outdoor events are 8 am until 10 pm during the winter and 7 am until 10 pm during the summer. More proposed events likely to come soon. The only one proposed now was an ice cream themed day, however, based on the “success of the Royal Poinciana Plaza,”  more ideas should come out soon.