Kimco Realty Corp. announces the groundbreaking of Dania Pointe’s retail portion and has engaged Colliers International South Florida to market half-million square feet of land zoned for office space. The Class A office space will be part of the 2.5 million-square-foot, mixed-use Dania Pointe on I-95 in Dania Beach.
The five-acre parcel allowing up to 506,000 square feet of office will be developed as Class A single-tenant or multi-tenant corporate office buildings. The shovel-ready site include the required zoning and master plan approval. The Colliers’ team marketing the land consists of Kevin McCarthy, Gerard Yetming, Jarred Goodstein and Bastian Laggerbauer.
The 102-acre Dania Pointe was designed as a ‘Smartown’ to offer office tenants, residents and visitors a complete digital experience. Cutting-edge technology will allow them to control locks on doors, lighting, A/C, security monitoring and other features from their wireless smart devices. Office tenants will also benefit from EV charging stations and other technologies.
“This project embodies a lifestyle center with unparalleled amenities for the workforce,” said Kevin McCarthy, Colliers Senior Vice President. “The Smartown adaptation creates a new era of development for the South Florida marketplace.”
The Offices at Dania Pointe, which will offer large blocks of office space, will turn the project into a true live, work and shop destination.
“Consumers are increasingly choosing to live in urban settings where they can walk to work, restaurants, coffee shops and entertainment venues,” said Goodstein, Colliers Senior Vice President. “Dania Pointe will offer that and more.”
The sprawling development will feature immediate access to I-95 and US-1 via Griffin and Stirling roads and will be located six miles from the Brightline station in downtown Fort Lauderdale. The commuter train system – arriving later this year – will connect the greater downtown Fort Lauderdale area to Miami and West Palm Beach.
On Aug. 10th, Kimco Realty Corp. (NYSE:KIM) issued a press release announcing the start of construction of Dania Pointe’s retail component, part of the project’s Phase I. The retail space is expected to open by the 2018 holiday season. Phase I includes 300,000 square feet of retail, which is nearly 80% preleased to national and regional brands including TJ Maxx, Hobby Lobby, BrandsMart and Ulta Beauty, along with several restaurants, according to Kimco’s press release.
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 the Class A office space, 1,000 luxury rental apartments and condominiums and two signature hotels.
