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Penney Farms is a town in central Clay County, Florida, United States. It is part of the Jacksonville, Florida Metropolitan Statistical Area . The population was 821 at the 2020 census, up from 749 at the 2010 census.
The Memorial Home Community Historic District (also known as Penney Retirement Community) is a U.S. historic district (designated as such on February 3, 1999) located in Penney Farms, Florida. The district is bounded by SR 16, Caroline Boulevard, Wilbanks Avenue, and Studio Road. It contains 24 historic buildings and 2 structures.
Mr. Penney was inducted into the Junior Achievement U.S. Business Hall of Fame in 1976. In 1926, Penney founded a retirement community in Northeast Florida for retired ministers in honor of his father. Today that community is still in existence, bearing his name, and is located in the town that also bears his name, Penney Farms, Florida.
Penney Farms, Florida This page was last edited on 8 June 2010, at 15:15 (UTC). Text is available under the Creative Commons Attribution-ShareAlike ...
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Penney, along with his partner Ralph W. Gwinn, invested heavily in Florida real estate in the 1920s, especially Clay County in northeast Florida around Jacksonville. They established Penney Farms (an experimental farming community), which provided the basis for the Foremost Dairy Products Company. [2]
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