JOE® Project Updates
The pipeline of planned projects below showcases our business strategy to expand our portfolio of income producing properties, develop scalable residential communities, grow our resorts and leisure segment, joint venture with best of class partners and operators, maintain low fixed expenses and focus on profitability, build liquidity and balance sheet strength and increase long term shareholder value. We believe our efforts over the past several years, and our plans for 2024 and beyond, align with what we set out to do. Click on the "Read More" links to access full press releases on the below projects and forward looking statements.
This list of projects is for informational purposes only regarding plans for these future projects. Each of the above listed projects is proposed and need not be built or, if built, may not be built as planned. All features and characteristics of the projects described above are based on current development plans, which are subject to change without notice. These projects are not currently for sale and this web page does not constitute an offer to sell real property. Void where prohibited by law.
Latitude Margaritaville Watersound - 55 And Better Age-Restricted Residential Community
• Approximately 3500 homes planned in first phase located near the Intracoastal Waterway near Northwest Florida Beaches International Airport (Bay County)
• New home sales and construction as well as continued development work on the community's first phase is currently under way
• Joint Venture between agreement between The St. Joe Company and Minto confirmed
• Detailed Specific Area Plan (DSAP) approved by Bay County February 2019
• The community's first residents moved in in fall of 2021
Watersound Origins Phase V - Kolter Homes
• The Watersound Company, LLC ( subsidiary of The St. Joe Company) to develop 40' 50' and 60' wide finished lots for Kolter in multiple phases
• Approximately 466 single family detached homes to be constructed by Kolter
• New home sales and construction is currently underway
• Located in Inlet Beach, Florida
Watersound Town Center
• Publix
• Starbucks
• Currently features nearly 156,000 square feet of leasable space
• Plans call for the center to include approximately 400,000 square feet of space
• Several additional buildings are planned for shopping, dining, and office space
WindMark Beach - DR Horton
• DR Horton building and selling the homes
• New homes are located in the Village Center East, Creekside and WindMark North neighborhoods
FSU/TMH Medical Campus
• Partnership with Tallahassee Memorial HealthCare, Inc. and the Florida State University College of Medicine
• Located near the intersection of State Highway 79 and Philip Griffitts Sr. Parkway
• Medical Office Building opened July 2024 and includes primary care, urgent care, cardiology and pulmonary services
• Future development plans include the construction of an Emergency Center and 100-bed inpatient facility
Titus Park Residential Community
• Located in Panama City, Florida
• Plans call for a multi phase community of up to 1,000 homesites
• approximately 600 acres
• Now Selling homes from D.R. Horton
College Station Residential Community
• Located in Panama City, Florida
• Comprising approximately 592 acres
• Homes from Camben Homes and Adams Homes
• Now Selling
Park Place Community
• Now Selling from from D.R. Horton
• Residential Community in Callaway
• Planned for 330 homesites
Watersound West Bay Center
• A lifestyle shopping center adjacent to the Latitude Margaritaville Watersound community in Panama City Beach, FL.
• Plans call for the center, which has the potential to include approximately 350,000 square feet of leasable space at build out, to feature a mix of retail, restaurant, office and medical space.
• Current businesses include Electric Cart Watersound and Capital City Bank with plans for the center's first multi-tenant building for restaurant and retail tenants.
Watersound Camp Creek
• New residential community in Inlet Beach, Florida
• Plans call for this gated community to feature 262 custom homesites located adjacent to Camp Creek Golf Club and Watersound Club amenities
• Homesites currently available for sale
Breakfast Point East Community
• This new community located in Panama City Beach is planned for more than 700 homesites to be developed in multiple phases
• Site work is currently underway on the community’s first phase which is planned for 235 homesites
• This residential community is part of a larger mixed-use, planned development that is also approved for 440 multi-family units, 160,000 square feet of retail space, 75,000 square feet of office space and 750 hotel rooms
SouthWood
• New lakeside living community to be named Maple Ridge
• Custom homes will feature green space that includes parks as well as walking and biking trails surrounded by majestic oak trees
• Located in Leon County, Florida
New Master Planned Community in Mexico Beach, Florida
• New 554-acre master planned community in Mexico Beach, Florida
• First phase of the community is planned for 42 townhomes
• Future phases of the community are being planned to include additional townhomes, single-family homes, rental apartments and a walkable commercial village.
Ward Creek Community
• The Ward Creek community is being developed off of State Highway 79 approximately four miles from the Gulf of Mexico.
• The community is planned for approximately 1,600 residential homesites to include a mix of single-family homes and townhomes.
• Plans call for the community to be developed in phases and include amenities such as pools, green space and trails that connect to the area's broad trail network.
This list of projects is for informational purposes only regarding plans for these future projects. Each of the above listed projects is proposed and need not be built or, if built, may not be built as planned. All features and characteristics of the projects described above are based on current development plans, which are subject to change without notice. These projects are not currently for sale to the general public and this web page does not constitute an offer to sell real property. Homebuilders in the College Station and Titus Park communities may be collecting contact information from inquiries for future sales. Void where prohibited by law.
