St. Joe Announces 'WaterSound Living' Owner Experience Program for New WaterSound Home Site Buyers
Benefits include multiple stays at WaterSound Beach GateHouse Residences and two-year membership at WaterSound Beach Club until residences are complete
WaterSound, FL. (July 21, 2008) – The St. Joe Company today announced a new "WaterSound Living" owner experience program for home site buyers who purchase on or after July 1, 2008, at WaterSound, the newest community in the town of WaterSound.
The new program, available for only a limited time, allows buyers to experience multiple weeklong stays (with reservations) for a nominal fee in one-bedroom luxury GateHouse Residences at WaterSound Beach while their WaterSound homes are being built. A two-year membership to the private WaterSound Beach Club is also included with the purchase.
The 10 available GateHouse Residences feature gourmet eat-in kitchens and stunning views of WaterSound Beach from the second and third floors. Amenities include a full-service post office, a rental check-in office, a gourmet food market and a fitness center, all in close proximity to Scenic Highway 30-A's shops and restaurants, as well as the private Tom Fazio–designed Camp Creek Golf Club.
"This new WaterSound Living promotion links the newest WaterSound community with the private WaterSound Beach Club and the fantastic beach amenities at WaterSound Beach," said Tom Dodson, JOE's vice president of sales, West Florida Region. "New owners will enjoy staying at WaterSound Beach before their residences are complete at WaterSound, so they can begin experiencing WaterSound's wonderful lifestyle as soon as possible."
The WaterSound Beach Club is set among the rolling dunes of WaterSound Beach, with sweeping views of the Gulf of Mexico and private access to an exclusive beach. The club features two Har-Tru hydro tennis courts; a 7,000-square-foot, free-form swimming pool with a special children's area and bubble jet feature; generous terraces, including 14,000 square feet of pool decks and sprawling green lawns for sunbathing or children's play; and a full-service restaurant with exhibition kitchen, indoor/outdoor terrace dining and full-service bar.
About WaterSound: At WaterSound, plans call for approximately 999 single-family home sites and 256 multifamily residences, connected by an extensive pedestrian trail system that is ideal for walking and biking. Many homes will be within walking distance of the centrally located Village Commons, a gathering spot for residents to enjoy a light lunch, spend a day beside the community pool, engage in a workout at the fitness room and check the day's mail at the post office. A short stroll from Village Commons is the Davis Love III–designed Origins golf course, which is ideal for a quick round in the evening or a casual family golf outing.
WaterSound sits between the Intracoastal Waterway and Lake Powell, one of the world's rare dune lakes, fed by both rainwater and meandering tides, perfect for freshwater and saltwater fishing. The master plan is being designed by New York–based Hart/Howerton & Associates and Atlanta-based Tunnell-Spangler-Walsh.
About the Town of WaterSound: The town of WaterSound is composed of three distinctive residential neighborhoods set along Scenic Highway 30-A and Highway 98 on Northwest Florida's Gulf Coast, with some of the world's most beautiful white-sand beaches and crystal clear waters. Located in the heart of the Gulf Coast between Tallahassee and Pensacola and accessible from Highway 98 in South Walton County, the three communities draw upon traditions of the 18th- and 19th-century maritime architecture of Nantucket and Newport, with aspects of traditional American town planning: short walkable blocks; neighborhood common areas; scenic paths leading to community facilities, parks and open spaces – all with a style responding to the climate and to the site's natural features. The town of WaterSound's neighborhoods are WaterSound, WaterSound Beach and WaterSound West Beach.
About JOE: The St. Joe Company, a publicly held company based in Jacksonville, is one of Florida's largest real estate development companies. We are primarily engaged in real estate development and sales, with significant interests in timber. Our mission is to create places that inspire people and make JOE's Florida an even better place to live, work and play. We're no ordinary JOE.
More information about JOE can be found at our website at JOE.com.
Forward-Looking Statements: Statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risk and uncertainty, and there can be no assurance that the results described in such statements will be realized. Such statements are based on current expectations, and we undertake no obligation to publicly update or reissue any forward-looking statements. Risk factors that may cause the actual results to differ are described in various documents filed by the company with the U.S. Securities and Exchange Commission, including the company's Annual Report on Form 10-K for the year ended Dec. 31, 2007.
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Copyright 2008, The St. Joe Company. "St. Joe," "JOE," "Camp Creek," "WaterSound" and the "WaterSound" and "Taking Flight" designs are service marks of The St. Joe Company.