Harbour's beach started a major renourishment project. In 1984, the residents of an exclusive neighborhood in Bal Harbour were successfully sued to remove the clause preventing Jews and blacks from owning property there. In 2008, The new Regent Bal Harbour opened, becoming the northern gateway to the Village. In 2012, The last oceanfront undeveloped Beach Club site was sold for $220 million in order to make way to the ultra luxury Oceana at Bal Harbour. In 2014, The Ritz-Carlton Bal Harbour, Miami opened at the former Regent Bal Harbour and ONE Bal Harbour Resort & Spa . In 2015, it was reported in the press that "the Bal Harbour Police and the Glades County Sheriff set up a giant money laundering scheme, but it all fell apart when federal investigators and the Miami Herald found strange things going on." From 2015 onward, Bal Harbour has become known globally as a luxury enclave. In the words of Town & Country, Bal Harbour is the "ne plus ultra" of South Florida luxury. The Village, specifically its Resort Tax Committee, has invested in developing Bal Harbour's reputation as a luxury destination. The committee collects a specific tax which "must be used for among other tourism related activities, for the enhancement of tourism, publicity and advertising purposes." As the result of a concerted 5+ year international destination marketing effort from 2014-2019 by the Village, per capita resort tax revenues for the Village of Bal Harbour grew +35%. Geography According to the United States Census Bureau, the village has a total area of . of it is land and of it (42.37%) is water. Bal Harbour, Florida is located on the northern tip of the barrier island commonly referred to as Miami Beach; it is the northernmost barrier island in a chain that extends southward up to and including Key West, Florida. The main traffic corridor running south to north through Bal Harbour is Collins Avenue, also demarked as Florida State Highway A1A. A channel between the north end of Biscayne Bay and the Atlantic Ocean runs across the northern end of Bal Harbour. A bridge, maintained by the State of Florida connects Bal Harbour to Haulover Park, to the north. Haulover Park is maintained by the Miami Dade Parks Commission. Surrounding areas Unincorporated Miami-Dade County (Haulover Park) Biscayne Bay Atlantic Ocean Bay Harbor Islands Atlantic Ocean Bay Harbor Islands Atlantic Ocean Surfside Demographics 2020