Dallas

AFTER 18 years flying as an airline for the price-conscious, Allegiant Travel Co wants to add real estate development to its list of corporate activities. The company is embarking on an audacious plan to build a 22-acre resort compound with a hotel, condominiums, bars, and restaurants on the Florida Gulf Coast in Port Charlotte.

The real estate offshoot, called Sunseeker Resorts, will have a 75-room hotel, along with 720 condo units, ranging from US$650,000 to US$1.1 million based on size. The property, when finished in late 2019 or 2020, will also include North America's largest private-resort swimming pool.