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Example #1: Posner PlaceThis is an executive summary of an architectural narrative for a multi-use community:The Right Place...The Right Time EXECUTIVE SUMMARY OverviewFive hundred years ago, the Spanish Conquistadors marching through the idyllic wooded wilderness of this newly discovered peninsula could never have envisioned that Central Florida would one day become a thriving center of industry and culture, a semi-tropical paradise combining sublime natural beauty with exciting, man-made attractions.In the past thirty-five years, this region has rocketed from complete obscurity to international prominence as the world's premiere tourist and business destination. With that reputation has come tremendous growth. In the last decade alone, Central Florida's population has jumped a whopping 29%, making it the second highest growth market in the nation. Projections for 2010 predict a growth rate of 21%. Central Florida's prospects look bright, as more people arrive to enjoy the area's prosperity and sunny climate. Their demands for housing, retail, office and convention space, hotel rooms, and expanded entertainment and recreation options, will drive the local economy far into the future. Posner Place is an important part of that bright future. Located in northeastern Polk County, Posner Place is in the center of an area that has enjoyed a tremendous growth rate in the past decade. Most of the development has been in housing tracts and a small number of scattered commercial strips. Clearly, the area needs a community focus, a mixed-use development that meets demands for retail and office space, entertainment venues and recreational activities, while integrating those needs with great architecture, a mix of residential offerings and world-class hotel space. Posner Place fits that bill perfectly. Investment HighlightsProperty and Land Use SummaryOf the 366 acres included in the Posner Park development, about 34.37 acres are designated for general/specialty retail and office use, while 24.38 acres are set aside for business park and mixed use. 1,991 townhouses and multifamily residences are planned to accommodate up to 4,500 residents by the development's completion. By 2020, 2,600 hotel rooms will be available for business travelers and tourists. However, the majority of the property -- 126 acres -- is either recreational, wetland or greenbelt, making Posner Park a truly unique development project. By integrating innovative design, lavish landscaping, and inviting public spaces with a wide array of retailers, restaurants, and entertainment venues, Posner Park will create a new synergy in mixed-use development.Polk County EconomyAccording to the U.S. Census, the population of Polk County increased by 78,542 from 1990 to 2000, making it the 75th fastest-growing out of 3,141 counties nationwide. Polk's current population of just over one half million is projected to be well over 644,000 by the year 2020. The U.S. Census also reports that Polk County's average annual income rose by 30% in the last ten years, outpacing inflation levels, indicating an improving standard of living. These improving income levels correlate with an improving educational attainment level of the population and workforce.SummaryPosner Place will provide northeast Polk County with a community focus, a mixed-use development that meets demands for retail and office space, entertainment venues and recreational activities, while integrating those needs with great architecture, a mix of residential offerings and world-class hotel space. |
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