THE ST. JOE COMPANY

“Mexico Beach is a beautiful community with its own unique charm along the white sand beaches of the Gulf of Mexico,” said Jorge Gonzalez, President and CEO of St. Joe. “The area is still seeing a housing shortage as a result of the damage caused by Hurricane Michael. That, combined with the future demand for housing that we anticipate as a result of the ongoing redevelopment of Tyndall Air Force Base, makes this the right time to initiate this project and fill a need in the area in a manner that will respect the unique charm of Mexico Beach.” 

“The demand for housing in Mexico Beach is very high and with the ongoing redevelopment of Tyndall Air Force Base, we expect that demand to continue to grow,” said Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe. “Given the location, the planned amenities and the mix of floorplans that we plan to offer, our anticipation is that this community will attract a mix of people who serve or work at the base, as well as people who just want to enjoy the unique Mexico Beach lifestyle.” 

“The Breakfast Point community has attracted homebuyers who want to live in a primary home community that is close to everything that makes Panama City Beach such a special place to call home,” said Bridget Precise, Senior Vice President of Residential Real Estate for St. Joe. “With the Breakfast Point East community, we aim to build upon that success. Two homebuilders already have homesites under contract and are eager to begin building to meet the ongoing demand in the market. Additional homebuilders are anticipated to be added to this and future phases.”

“Watersound West Bay Center is being designed to serve not only the residents of the growing Latitude Margaritaville Watersound community, but the region at large,” said Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe. “We intend to create a welcoming environment for visitors whether they come for a quick shopping trip, or to spend a day shopping and dining. Current plans include mixed-use buildings featuring first floor shopping and dining options and second floor office space as well as a grocery store and pharmacy.”