MarketWorth Avenue
Company Profile

Worth Avenue

Worth Avenue is an upscale shopping and dining district in Palm Beach, Florida. The Avenue stretches four blocks from Lake Worth to the Atlantic Ocean. Worth Avenue also includes smaller, architecturally significant "vias" off the main avenue. These pedestrian areas distinguish Worth Avenue from other shopping streets.

History
In 1913 the street was named after General William Jenkins Worth. The first steps to become fashionable started with the construction in 1918 of the Everglades Club at the west end of a dirt road. Rising rents at the then-fashionable Beaux Arts Building on Lake Trail, north of the Biltmore Hotel, caused merchants to move south to what became Worth Avenue. Worth Avenue was lined with coconut palms that succumbed to lethal yellowing blight in the 1970s. Adonidia or "Christmas palms" replaced them, but they were not in proportion to the buildings on the street. The street was renovated in 1983, but major makeover was completed in 2010. The $15.8 million Worth Avenue Improvement Project was conducted during the off-season and lasted two years, with the Town of Palm Beach and City of West Palm Beach responsible for $1.25 million of the cost and $14.77 million from the issuance of public improvement revenue bonds. This major streetscape redesign included planting of 200 mature coconut palms, each from tall, installing tabby concrete sidewalks that are typically used for expensive residences, and building a clock tower on the beach side. == Retailers ==
Retailers
The avenue's oldest store, , has been in business since 1923. Giorgio Armani, Cartier, Louis Vuitton, Tiffany & Co., Hermès, Ralph Lauren, Gucci, Chanel, Vineyard Vines, Brooks Brothers, Friedrichs Optik, Salvatore Ferragamo, Island Company, St. John, Valentino, Akris, Bottega Veneta, Brioni, Max Mara, Vilebrequin, Van Cleef & Arpels and more. An open-air mall, 150 Worth (formerly The Esplanade, and built by Murray H. Goodman), lies at the eastern end of Worth Avenue, and offers a variety of upscale shops anchored by department store, Saks Fifth Avenue. Directly on the other side was Neiman Marcus, but the parent company filed for Chapter 11 bankruptcy in 2020 and later that year permanently closed its store on Worth Avenue after 20 years. Veronica Ruiz de Velasco opens her art gallery in 2019 on Worth Avenue in Palm Beach, Florida along with Christie's auction house. ==See also==
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