Posner Park is a $500 million
mixed-use development
Mixed-use is a kind of urban development, urban design, urban planning and/or a zoning type that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions are to some ...
in
Polk County Polk County is the name of twelve counties in the United States, all except two named after president of the United States James Knox Polk:
* Polk County, Arkansas
* Polk County, Florida
* Polk County, Georgia
* Polk County, Iowa
* Polk Count ...
,
Florida
Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to ...
, at the junction of
Interstate 4
Interstate 4 (I-4) is an Interstate Highway located entirely within the U.S. state of Florida, maintained by the Florida Department of Transportation (FDOT). Spanning along a generally southwest–northeast axis, I-4 is entirely concurrent wi ...
and
US 27
U.S. Route 27 (US 27) is a north–south United States Highway in the southern and midwestern United States. The southern terminus is at U.S. Route 1 in Florida, US 1 in Miami, Florida. The northern terminus is at Interstate 69 in India ...
north of
Haines City
Haines City is a city in Polk County, Florida, United States. Its population was 13,174 at the 2000 census and 20,535 at the 2010 census. It is the third most populous city in Polk County. It is part of the Lakeland– Winter Haven Metropolitan S ...
.
History
The development is the brainchild of
Victor Posner
Victor Posner (September 18, 1918 – February 11, 2002) was an American businessman. He was one of the highest-paid business executives of his generation. He was a pioneer of the leveraged buyout and became notorious for asset strippin ...
(1918-2002), for whom it is named. Posner Park was developed by
Trammell Crow Company
Trammell Crow Company is a real estate development, investment, and property management company. It has been a subsidiary of CBRE Group since 2006.
History
The company was founded by Trammell Crow
Fred Trammell Crow (June 10, 1914 – January 1 ...
as part of a series of joint ventures with
MetLife
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, wi ...
, and the original land owners, the Posner family. It stands on the site of the former
Circus World and
Boardwalk and Baseball
Boardwalk and Baseball was a theme park built near Haines City, Florida, at the south-east corner of the Interstate 4-US 27 interchange. It replaced Circus World at the same location, and was owned by Harcourt Brace Jovanovich Park Group (now Har ...
theme parks as well as the former site of the
Kansas City Royals
The Kansas City Royals are an American professional baseball team based in Kansas City, Missouri. The Royals compete in Major League Baseball (MLB) as a member club of the American League (AL) Central division. The team was founded as an expans ...
’
spring training
Spring training is the preseason in Major League Baseball (MLB), a series of practices and exhibition games preceding the start of the regular season. Spring training allows new players to try out for Schedule (workplace), roster and position spo ...
facility.
The first stores opened in March 2008 and included
Target
Target may refer to:
Physical items
* Shooting target, used in marksmanship training and various shooting sports
** Bullseye (target), the goal one for which one aims in many of these sports
** Aiming point, in field artillery, fi ...
,
J.C. Penney,
Belk
Belk, Inc. is an American department store chain founded in 1888 by William Henry Belk in Monroe, North Carolina, with nearly 300 locations in 16 states. Belk stores and Belk.com offer apparel, shoes, accessories, cosmetics, home furnishings, ...
Department Store (since closed),
Dick’s Sporting Goods
Dick's Sporting Goods, Inc. (stylized as "DICK'S Sporting Goods") is an American sporting goods retail company, based in Coraopolis, Pennsylvania. The company was established by Richard "Dick" Stack in 1948, and has approximately 854 stores an ...
,
Best Buy
Best Buy Co. Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebra ...
,
Staples,
Ross Ross or ROSS may refer to:
People
* Clan Ross, a Highland Scottish clan
* Ross (name), including a list of people with the surname or given name Ross, as well as the meaning
* Earl of Ross, a peerage of Scotland
Places
* RoSS, the Republic of Sou ...
,
Michaels
Michaels Stores, Inc., more commonly known as Michaels, is a privately held chain of 1,252 American and Canadian arts and crafts stores, as of January 2021. It is one of North America's largest providers of arts, crafts, framing, floral and wall ...
,
PetSmart
PetSmart is a privately held American chain of pet superstores, which sell pet products, services, and small pets. It is the leading North American pet company, and its direct competitor is Petco. Its indirect competitors are Amazon, Walmart, ...
and
Books-A-Million
Books-A-Million, Inc., also known as BAM!, is a bookstore chain in the United States, operating 260 stores in 32 states. Stores range in size from 4,000 to 30,000 square feet and sell books, magazines, manga, collectibles, toys, technology, ...
as the 10
anchor tenant
In retail, an "anchor tenant", sometimes called an "anchor store", "draw tenant", or "key tenant", is a considerably larger tenant in a shopping mall, often a department store or retail chain. They are typically located at the ends of malls. Wit ...
s that occupy nearly 500,000 sf of retail space on 80 acres.
In January 2014 the undeveloped area of Posner Park was set to be auctioned off in August 2014 as the owners filed for bankruptcy.
In September 2019 additional retail outlets were opened at Posner Village, immediately south of the original development. The new stores include
Burlington
Burlington may refer to:
Places Canada Geography
* Burlington, Newfoundland and Labrador
* Burlington, Nova Scotia
* Burlington, Ontario, the most populous city with the name "Burlington"
* Burlington, Prince Edward Island
* Burlington Bay, no ...
and
Five Below
5 is a number, numeral, and glyph.
5, five or number 5 may also refer to:
* AD 5, the fifth year of the AD era
* 5 BC, the fifth year before the AD era
Literature
* ''5'' (visual novel), a 2008 visual novel by Ram
* ''5'' (comics), an awa ...
.
Leisure facilities and residential development are planned for the site.
References
Shopping malls in Florida
Buildings and structures in Polk County, Florida
Tourist attractions in Polk County, Florida
{{Florida-struct-stub