If your morning walk ends with an iced coffee at Waterside, you've already noticed. The construction fences on the north edge, the Dior banner where a Saks concession used to be, the smell of new asphalt near Seagate Drive. What looks like a routine refresh is actually a full repositioning of the mall and the cultural campus next door. Between June 2026 and spring 2027, the southeast corner of Pelican Bay is being rebuilt into something residents will use very differently than they did two seasons ago.
Waterside Shops is not adding a few tenants. It is swapping out roughly a third of its footprint, replacing spaces vacated by Nordstrom, Barnes & Noble, Brio, and a Bank of America private banking office with concepts that in several cases do not yet exist anywhere else in Southwest Florida. Artis—Naples, a five-minute walk from Waterside's north entrance, has locked in a 2026-27 season with the biggest touring Broadway title in a decade and a full Beethoven symphony cycle. For a resident who has watched this mall settle into a comfortable pattern since the last Nordstrom-era buildout, the practical result is simple: three evenings a week you can eat at a different concept inside the same property and not repeat a cuisine, a price point, or a room.
Eddie V's Prime Seafood opened June 7 at 765 Seagate Drive, on the southwest corner. Darden demolished the old Bank of America Private Bank office down to the steel frame and built a 9,896-square-foot restaurant with patio dining and three private rooms. Dinner runs 4 to 9 p.m. Sunday through Thursday and 4 to 10 p.m. Friday and Saturday. Reservations are recommended but not required. Valet service is available. Happy hour in the V Lounge is 4 to 6:30 p.m. daily, and live music trios play nightly. For anyone who has been to the Capital Grille on Tamiami, this is a deliberately different room. The Capital Grille has the feel of a stately private club open to the public as a classic chophouse featuring dry-aged steaks for intimate dining. Eddie V's, on the other hand, is a vibrant, more contemporary seafood-forward restaurant featuring live jazz and a high-energy lounge scene.
Dior left its store-within-a-store at Saks on June 11 and opened a 6,000-square-foot suite across the promenade. Hermès returned to Waterside after a nine-year absence, occupying a freestanding store with a tropical-inspired pavilion.
If you have been avoiding the north end because of the construction hoardings, that's the RH campus, and it will occupy the balance of this year's disruption.
Six more tenants are targeted for fall openings before season peaks. The concentration matters: this is not one anchor moving in, it is a coordinated repositioning of the inline suites.
| Opening | Tenant | Space |
|---|---|---|
| Fall 2026 | Vuori | New 4,000-square-foot suite for its "styled for life" athletic and performance wear |
| Fall 2026 | Anthropologie | Relocating to an 8,500-square-foot space in the former Ann Taylor unit |
| Fall 2026 | Peter Millar | Former 2,517-square-foot White House Black Market space, focused on sportswear and golf attire |
| Fall 2026 | Piranesi | Fine jewelry, 781 square feet, across from Dior |
| Summer 2026 buildout | Brunello Cucinelli | Interior work began this summer in a portion of the former Williams Sonoma space, alongside Dior |
| Late 2026 or early 2027 | Omega | Relocating to a 1,848-square-foot unit near Santa Fe Café |
The former Barnes & Noble outparcel, which had sat empty since Barnes & Noble pulled out in July 2024, retreating from mall formats during a corporate restructuring, has been rebuilt as a two-story building sharing Williams Sonoma and Pottery Barn. Both are relocating from inline spaces they occupied for years.
The second restaurant slot is where things get interesting. Buck & Rider is taking the Brio Tuscan Grille address, which had occupied the same Waterside address for nearly twenty years before filing for Chapter 11 bankruptcy in August 2025. Buck & Rider is a Scottsdale seafood concept with a raw bar and a fish market inside the dining room, and this will be its first Florida location.
The largest single change is the site behind the north fence. Nordstrom closed in 2020 and left a 74,591 square feet, vacant since 2020 hole in the northern edge. What is rising on the pad is not a department-store replacement. It is an RH gallery-plus-restaurant campus of 29,382 square feet, with six separate galleries with skylights connecting through landscaped courtyards and glass-roofed walkways, surrounding a central 4,143-square-foot, full-service restaurant and wine bar beneath an elongated glass atrium.
The number to pay attention to inside that plan is 174. That is the seat count for the restaurant under the atrium, and it is roughly equivalent to a mid-sized standalone fine-dining room. County construction permits were issued in August 2025, and the projected timeline points to late 2026.
For residents who use Waterside as a regular dining address, the practical shift is this: three evenings a week, you could eat at a different concept within the same property and not repeat a cuisine, a price point, or a room.
That is the sentence worth holding onto. It changes what "going out" means for someone who lives inside the Foundation gates.
Waterside is the retail half. The other half of Pelican Bay's southeast corner is Artis—Naples on Pelican Bay Boulevard, and the 2026-27 lineup released in May is the strongest single season the campus has announced in years.
The Broadway series alone is worth the subscription math. Hamilton runs November 24–29, 2026 with performances Tuesday at 7:30 p.m., Wednesday at 1:30 and 7:30 p.m., Friday at 7:30 p.m., and Saturday–Sunday at 1:30 and 7:30 p.m. Death Becomes Her follows December 29, 2026 through January 3, 2027, the Tony Award-winning musical comedy based on the 1992 film with direction and choreography by Christopher Gattelli.
The classical and pops calendar carries the rest of the season:
For anyone who has watched the Naples Philharmonic grow under its current artistic direction, the anchor of the season is the Beethoven cycle. Alexander Shelley conducts Symphony No. 1 and Symphony No. 2 on March 4, 2027, a program devoted to Beethoven's early symphonies that reveals the composer's growing ambition. On March 6, Shelley leads Beethoven's Symphony No. 3, "Eroica," a work that redefined the possibilities of the symphonic form, before the light and exuberant Fourth Symphony. March 18 pairs the Fifth Symphony with the Sixth, "Pastorale," a five-movement depiction of peaceful countryside scenes interrupted by a brief yet powerful thunderstorm. Completing all nine symphonies inside a single subscription season is unusual for a regional orchestra and is worth understanding before the good seats disappear.
The Baker Museum programming aligns with the concert calendar. Baron Wolman: Capturing the Sound of an Era opens October 2026 and runs through June 2027, celebrating the trailblazing first chief photographer of Rolling Stone magazine, whose lens immortalized Miles Davis, Janis Joplin, Jimi Hendrix and the Rolling Stones. The exhibition is organized in collaboration with the Rock & Roll Hall of Fame. The concurrent Tate loan is the larger institutional coup: The Surrealist International: Fifty Years of Dreams draws from the collection of Tate, United Kingdom, with works by Eileen Agar, Jean Arp, Leonora Carrington, Salvador Dalí, Marcel Duchamp, Max Ernst, René Magritte, Joan Miró, Man Ray and Dorothea Tanning.
A few practical takes for residents already inside the gates.
The point of tracking all of this in one place is not to celebrate construction. It is to notice that a neighborhood most residents chose for the beach, the tennis, and the tram is quietly becoming one of the most concentrated luxury retail and cultural corners in the state. That was not the case in 2020. It will be very much the case by spring 2027.
If you want a candid read on what these changes mean for your specific address inside Pelican Bay, whether you own at Bay Colony, in the low-rises off Gulf Park Drive, or in one of the Foundation villas, the team at Gulf Coast Advisors works this corner of Naples every day. Request a Concierge Consultation and we will walk you through it over coffee at whichever Waterside address is open that morning.