Allegiant Travel Co., operator of a low-cost airline, is entering the hospitality sector with plans to develop its new Sunseeker Resorts brand’s first property in Charlotte County, Florida. Planned for a 20-acre waterfront parcel on the Gulf Coast, the development will be home to a resort hotel and up to nine condo towers, as well as a roster of restaurant, bar and retail concepts, including an on-site grocery store and pharmacy.
A marina and an expansive resort pool—which project participants say is designed to be the largest in North America—will also be on tap. Buyers will have the option to purchase one-, two- and three-bedroom furnished residences ranging from about 830 to 1550 sq. ft., and owners will have the opportunity to place their condos in a resort rental program.
“This project builds on Allegiant’s profile as a leader and innovator in leisure travel,” says John Redmond, Allegiant president. “Our growth and success with air service in Punta Gorda, visitor trends in the region, and this unique, spacious waterfront property all point to an exceptional opportunity for a resort that vacation home owners and hotel visitors will love. In my years of experience developing resort properties around the world, it’s rare to find such a perfect alignment of factors.”
(Redmond joined Allegiant last year. Before that, he held executive posts at such companies as MGM Grand Resorts and Caesars World Inc.)
The development marks the Las Vegas-based travel company’s first expansion into other sectors beyond its airline.
Construction on the $600 million project is slated to start by mid-2018, and the resort is scheduled to open by early 2020, the Las Vegas Review-Journal reports. Renderings illustrate a 1,000-ft.-long pool, 1,100 condo units and a hotel with 75 to 100 keys, according to that newspaper.