CONSTRUCTION UNDERWAY AT POSNER COMMONS

POLK COUNTY, FLA.— Dallas-based Trammell Crow Company, in a joint venture with Boardwalk Land Development and Met Life, is developing Posner Park, a $500 million, 368-acre mixed-use development, located at the southeast corner of Interstate 4 and Highway 27 in Polk County. Posner Commons, an 80-acre, 630,000-square-foot retail tract, will feature several major tenants: Target, Books-A-Million, Belk, Best Buy, Staples, JC Penney, Dick’s Sporting Goods, Ross Dress For Less, Michaels and PetSmart. Retail stores are slated to open this spring and early fall. Posner Park is approved for 1.5 million square feet of retail, 1 million square feet of Class A office space, 2,600 hotel rooms and 2,000 multifamily residences. The project is expected to be completed in 2018.