Ground has been broken on Kimco’s 102-acre Dania Pointe project in the Dania Beach section of Fort Lauderdale.
Phase one of the mixed-use development will include 300,000 sq. ft. of retail, 80% of which is already leased, according to the company. Along with the requisite food and beverage establishments, TJ Maxx, Hobby Lobby, BrandsMart, and Ulta Beauty have signed on as tenants.
At total build-out, Dania Pointe looks to hold more than 100 retail tenants and restaurants in about 1 million sq. ft. of space. Two hotels, 1,000 luxury rental apartments and condos, and up to 500,000 sq. ft. of office space are also scheduled to be in place.
“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 Kimco CEO Conor Flynn.