Place:Penney Farms, Clay, Florida, United States

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NamePenney Farms
TypeTown
Coordinates29.981°N 81.81°W
Located inClay, Florida, United States
source: Getty Thesaurus of Geographic Names


the text in this section is copied from an article in Wikipedia

Penney Farms is a town in Clay County, Florida, United States. The population was 749 at the 2010 census.

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History

the text in this section is copied from an article in Wikipedia

In 1926, department store pioneer J. C. Penney founded the community of Penney Farms. He planned to develop an experimental farming village. The state of Florida incorporated the town in 1927. The real estate decline and stock market crash caused Penney to scale back his ambitions to a community for retired ministers in honor of his father. Today, the Penney Retirement Community is a home to Christian laypeople as well as clergy and missionaries.

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