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Posner Park - a new community certain to become central Florida’s most sought after location for a true “live, work and play” lifestyle.
Posner Park Development Launch
Ground is broken on a $500 million, mixed use project the old Baseball City site.
By Mary Toothman, The Ledger
The $500 million, mixed use development at Interstate 4 and U.S. 27 will be built at the former site of Baseball City.Planners said Posner Park will be accessed by tree-lined boulevards and feature a mix of brand-name retail shops, high-end boutiques, offices, destination restaurants, one or more five -star hotels, multifamily homes, pedestrian parks and fountains.
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By Mike Grogan
The Ledger
Posner Park's progress was not being released because of confidentiality requirements in the contracts being negotiated with many of the major retailers that were discussing building stores on the property. Many of those names were released last month, however, and they include some of the best-known outlets in the country: Target, J.C. Penney, Belk, Dick's Sporting Goods, Best Buy, Staples, Ross, Michael's, PetSmart and Books-A-Million.
The first store to open, Patkin said, will be Target, which will likely begin accepting customers in April.
Further down the road, probably sometime in 2009, the second phase of the project - which Pantlin termed the "lifestyle" phase - will see such things as high end restaurants and a theater complex with as many as 18 screens opening in an area of the state that has been totally lacking such amenities.
All of this was exactly what Janet Lehrer and her neighbors wanted to hear.
"We're just glad to see more shopping coming to the area," she said. "And dining. We really need more dining."
But Posner Park isn't just about retail shopping becoming available in Davenport and Four Corners. Pantlin said the first phase alone will generate some 1,500 to 2,000 jobs. And Jane Patton pointed out that a project of this size and scope will have a major effect on the entire business community, including the chamber of commerce.
"They (Posner) want to partner with us and be part of the community," she said. "It's a different level of business support than what we've had in the past. A lot of it is corporate instead of the mom-and-pop kind of businesses."
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