Spirit Airlines Pays $32.5M For New HQ Site

Written by on December 30, 2019 in Done Deals, News - No comments

Spirit Airlines acquired the site of its future headquarters in Dania Beach for $32.5 million.

Dania Live 1748 II, an affiliate of Dania Pointe developer Kimco Realty, sold about 8.7 acres at the northwest corner of Bryan Road and Radiant Drive to Spirit Airlines. It’s within the partially completed Dania Pointe mixed-use project, which has retail, apartments and a hotel.

In October, Spirit Airlines announced it would relocate its global headquarters from Miramar into a new 500,000-square-foot facility in Dania Beach. The airline promised to move 1,000 employees to the new HQ and create another 250 jobs.

Slated to open in mid-2022, the facility would cost $250 million to build.

The presence of more than 1,000 Spirit Airlines employees should provide a big boost to the shops and restaurants at Dania Pointe as Kimco continues its buildout. Current tenants in the 102-acre site include BrandsMart USA, Hobby Lobby, YouFit, TJMaxx, Outback Steakhouse, TooJay’s, Firebirds Wood Fired Grill, and Five Below.

 

Source: SFBJ

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