THE ST. JOE COMPANY

“Hotel Indigo is a unique and exciting brand that we are very pleased to bring to downtown Panama City’s waterfront district,” said Patrick Murphy, St. Joe’s Senior Vice President of Operations. “We believe that Hotel Indigo is an ideal fit for this waterfront location and we see this hotel as a great piece of the ongoing revitalization of downtown Panama City.” 

“The formation of Watersound Insurance aligns with St. Joe’s strategy of vertically integrating to create new recurring revenue streams,” said Jorge Gonzalez, President and CEO of St. Joe. “Watersound Insurance is positioned to grow locally and regionally and gives the company another opportunity to diversify our portfolio of revenue producing assets.”

“The start of construction on the model homes at Latitude Margaritaville Watersound represents another significant milestone for this community,” said Jorge Gonzalez, President and CEO of St. Joe. “We look forward to welcoming future residents to visit the community and tour the model homes in early 2021. In addition to the homes and amenities that are being planned for Latitude Margaritaville Watersound, the community’s proximity to Northwest Florida Beaches International Airport, the beach and local shopping centers is sure to appeal to 55-and-better home buyers from across the country.”

“We are very excited to welcome Coca-Cola UNITED to Cedar Grove Commerce Park,” said Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe. “This well-located commerce park has received significant interest over the past few years and we are thrilled to see such a prominent operator come into this location.”