Spirit Airlines’ former Florida headquarters sold for $93.25 million to Hill City Capital, though a higher $97 million bid was rejected. The court approved the lower offer due to net proceeds and legal fees. The 8.3-acre Dania Beach campus sits near Fort Lauderdale airport, Spirit’s busiest base.
The 8.3-acre campus at 1731 Radiant Drive in Dania Beach, Florida, was acquired by Boston-based Hill City Capital after a bankruptcy court review. Though REM Acquisitions LLC offered $97 million, the court favored Hill City’s stalking horse bid, citing higher net returns after fees. The sale awaits final approval from the New York bankruptcy court on August 19.
Spirit Airlines ceased operations May 2, 2026, after 15 weeks of liquidation. Its Fort Lauderdale base, handling nearly 29,000 flights in 2025, remains a key asset. JetBlue already paid $58.5 million for 22 Spirit slots at LaGuardia and is expanding at FLL, hiring former Spirit staff to support 150 daily flights.
Why it matters
Travelers may see fewer ultra-low-cost options at Fort Lauderdale and LaGuardia as JetBlue absorbs Spirit’s slots. The HQ sale signals final asset liquidation, closing the chapter on Spirit’s operations and reshaping regional air service dynamics.