By IvyLee Rosario
Kimco Realty Corp. broke ground on the Phase I retail portion of its Dania Pointe development in Southern Broward County, Fla.
Slated to open for the 2018 holiday season, Phase I will feature 300,000 square feet and is currently 80 percent pre-leased to a variety of brands, including Ulta Beauty, Hobby Lobby, TJ Maxx, BrandsMart and several restaurants.
The construction of Phase I retail is a significant step towards the realization of the innovative live, work, play environment that we envision for this Kimco Signature Series development,” said Paul Puma, president of Kimco’s Southern Region, in prepared remarks.
The open-air lifestyle community will comprise of one million square feet of space for more than 100 national and local retail tenants and more than 24 restaurants and entertainment venues. The project will also include 500,000 square feet of Class A office space, 1,000 luxury apartments and condominiums, and two hotels.
The development is located 10 minutes from the Fort Lauderdale-Hollywood International Airport and Port Everglades and 20 minutes from the Weston and Plantation communities.
Recently, Kimco also opened its Grand Parkway Marketplace in Texas, a 488,000-square-foot development containing eight junior anchors, 11 outparcels and a restaurant village with a man-made lake.
Image courtesy of Kimco Realty Corp.