THE ST. JOE COMPANY

“With so much growth and positive activity in very close proximity, now is the time to begin development and construction, engage with potential tenants and bring the Watersound Origins Town Center to life,” said Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe.

“Each of these projects was included in St. Joe’s long-term development plans, but work started on each community earlier than we had anticipated in order to fill the workforce housing need that exists in Bay County,” said Bridget Precise, Senior Vice President of Residential Real Estate for St. Joe. “We made the decision to accelerate these projects in our pipeline and began site engineering and permitting as soon as we were able.”

"After a period of planning and preparation, we are excited to begin development at Latitude Margaritaville Watersound. We believe that Northwest Florida is the perfect location for this Latitude Margaritaville community. This region is uniquely suited to offer the type of lifestyle residents of these communities have come to enjoy.”

“There is a tremendous amount of work, dedication and attention to detail that goes on behind the scenes to further our legacy of offering the finest in hospitality – and we have our teams to thank for that. We’re proud of everyone at The Pearl and WaterColor Inn for consistently surpassing the rigorous benchmarks of our industry,” said Patrick Murphy, Senior Vice President for St. Joe.