BENDERSON ANNOUNCES PLANS FOR MAJOR NEW MIXED-USE PROJECT IN WELLEN PARK

UNIVERSITY PARK, FL (November 21, 2025) —– Benderson Development today announced plans for a new large-scale mixed-use project in Wellen Park, one of the nation’s top-selling master-planned communities. It will be designed to complement the community’s distinctive character and its vibrant mix of shops, eateries and entertainment. The new welcoming, walkable destination will introduce a curated collection of premier retailers and experiences to meet the needs of the rapidly growing region.

Located minutes from Gulf Coast beaches, top medical facilities, and premier recreational amenities like the Atlanta Braves spring training stadium, Wellen Park continues to attract new residents with its vibrant lifestyle, strong sense of community, and natural beauty. Consistently ranked among the best-selling master-planned communities in the country, Wellen Park is No. 3 in Florida and No. 6 nationally on RCLCO’s 2025 list, and is home to approximately 10,000 residents, with more than 50,000 projected at full build-out.

“Wellen Park continues to flourish, and we’re intentional about partnering with best-in-class organizations that understand our vision and can enhance the way our residents and guests experience this community,” said Rick Severance, President of Wellen Park. “Benderson has a long track record of creating high-quality, service-oriented places that bring people together. We’re thrilled about their plans and the positive impact this new project will have on the broader region.”

The 52-acre development, located along Tamiami Trail at the intersection of West Villages Pkwy, will build on Benderson’s 75-year legacy as one of the nation’s most respected and experienced privately held real estate companies. Known for creating vibrant, high-performing destinations, the company leverages long-standing relationships with top national, regional, and local tenants to deliver a premier mix of shops, restaurants and experiences tailored to the communities it serves.

“Wellen Park’s tremendous growth and incredible planning provides the perfect opportunity to develop a first-class regional shopping and dining destination,” said Shaun Benderson, Managing Director of Benderson Development. “Our goal is to create a place that is timeless, with strong placemaking and brings exciting new experiences to the community.”

Benderson has a strong footprint in Florida, with many properties around the state and growing each year. Among its premier properties near Wellen Park is University Town Center, a four million-square-foot lifestyle destination, Cocoplum Village Shops, the first major shopping center built in North Port in 25 years, and other high-performing centers throughout Southwest Florida.

Founded in 1949, Benderson is one of the largest privately held real estate companies in the nation. The company’s portfolio currently includes more than 1,000 properties totaling over 55 million square feet in 40 states. For more information, visit: www.benderson.com