Kimco Realty Announces Phase I Groundbreaking at Dania Pointe, the Company’s Newest Open-Air Lifestyle Destination in Browa...
August 10 2017 - 3:05PM
Business Wire
Phase I of the Kimco Signature Series
development is approximately 80% preleased as construction kicks
off
Dania Pointe continues to take shape in Southern Broward County,
Florida, as Kimco Realty Corp. (NYSE:KIM) announces the
groundbreaking of building construction at the project’s Phase I
retail portion, expected to open for the 2018 holiday season. Phase
I comprises 300,000 square feet of retail, which is approximately
80% preleased to a variety of national and regional brands
including TJ Maxx, Hobby Lobby, BrandsMart and Ulta Beauty, along
with several restaurants.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170810006114/en/
Dana Pointe project rendering (Photo:
Business Wire)
“We’re thrilled with the level of leasing activity we’ve seen to
date at Dania Pointe,” said Paul Puma, President of Kimco’s
Southern Region. “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.”
Upon completion, Dania Pointe will be a comprehensive open-air
lifestyle community incorporating over 100 national and local
retail tenants and restaurants in approximately 1 million square
feet of space, complemented by up to 500,000 square feet of Class A
office space, 1,000 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 much of South Florida.
“With the Dania Pointe project, combined with our adjacent
Oakwood Plaza property, Kimco now controls three full exits of
frontage along I-95, totaling approximately two miles,” said Conor
Flynn, Kimco’s Chief Executive Officer. “The strong demand we
continue to see for locations of this caliber indicates a bright
future for Kimco as we redevelop and reimagine our real
estate.”
Dania Pointe will be easily accessible to tri-county residents
and tourists alike, with its prime location less than 10 minutes
from the Fort Lauderdale-Hollywood International Airport and Port
Everglades, and just 20 minutes from 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. Immediately adjacent to I-95, it will serve as a central
location for residents travelling north and south on I-95, as well
as east and west on I-595.
Dania Pointe retail leasing and office development opportunities
are 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 one of North
America’s largest publicly traded owners and operators of open-air
shopping centers. As of June 30, 2017, the company owned interests
in 510 U.S. shopping centers comprising 84 million square feet of
leasable space primarily concentrated in the top major metropolitan
markets. 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. For further information, please visit www.kimcorealty.com,
the company’s blog at blog.kimcorealty.com, or follow Kimco on
Twitter at www.twitter.com/kimcorealty.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170810006114/en/
Kimco Realty Corp.Media Inquiries:Jennifer Maisch,
516-869-7224Director, Corporate
Communicationsjmaisch@kimcorealty.comorLeasing Inquiries:Spencer
Phelps, 407-302-6518Senior Director of Real
Estatesphelps@kimcorealty.com
Kimco Realty (NYSE:KIM)
Historical Stock Chart
From Apr 2024 to May 2024
Kimco Realty (NYSE:KIM)
Historical Stock Chart
From May 2023 to May 2024