FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--With demolition and clearing of its 102-acre site almost complete, South Florida’s new Dania Pointe mixed-use lifestyle center continues toward its official Phase 1 groundbreaking. With more than 325,000 cars passing by Dania Pointe each day, it will enjoy tremendous visibility and accessibility while serving the tri-county South Florida community.
Upon completion, Dania Pointe will be a comprehensive community incorporating over 100 national and local retail tenants and restaurants in almost 1 million square feet of space, complemented by up to 500,000 square feet of Class A office space, 1000 luxury rental apartments and condominiums and two signature hotels. With more than a dozen unique restaurants and entertainment venues, Dania Pointe will quickly become “the place to be” in Greater Fort Lauderdale and most of South Florida.
The development replaces the old wooden roller coaster and amusement park on I-95 in the City of Dania Beach, just south of the Fort Lauderdale International Airport. “We are striving to create an active and thriving town center atmosphere unlike any other in the market, a new and different kind of meeting place for residents and the millions of visitors coming from the airport and seaport,” said Paul D. Puma, President of Southern Region for Kimco Realty Corporation, the project developer.
Dania Pointe will become a prime location for the tri-county area, less than a 10-minute drive from the Fort Lauderdale-Hollywood International Airport and Port Everglades as well as 20 minutes to the upscale communities of Weston and Plantation to the west; Fort Lauderdale and Pompano Beach to the north; and Hollywood and North Miami Beach, to the south. With its location immediately adjacent to I-95, it will serve as a central location for residents travelling north and south on I-95 and east and west on I-595.
“By turning shopping ‘inside-out’ in an open-air environment, we are aiming to maximize the potential of Dania Pointe’s prime location by creating an exciting experience that will appeal to every type of consumer. That means more than just shopping; Dania Pointe will offer a fully immersive environment, one that touches every part of our day, whether it’s working, living, shopping, eating, visiting from out of town, or just being entertained,” said Puma.
Dania Pointe retail leasing opportunities as well as hotel, office and apartment development opportunities are now available. For more information, visit DaniaPointe.com.
ABOUT KIMCO REALTY
Kimco Realty Corp. (NYSE: KIM) is a real estate investment trust (REIT) headquartered in New Hyde Park, N.Y., that is North America’s largest publicly traded owner and operator of open-air shopping centers. As of June 30, 2016, the company owned interests in 537 U.S. shopping centers comprising 86.3 million square feet of leasable space across 36 states and Puerto Rico. In Florida, the Company operates 59 retail properties extending from Pensacola to Marathon and covering every major market in the state. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 50 years.
Note to editors:
Paul Puma, president of Kimco Realty Corporation’s Southern region and project developer, will be available for media interviews.