New Projects

The pipeline of projects below showcase 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 in 2018, and our plans for 2019, align with what we set out to do.  Click on the link to access full press releases on the below projects and forward looking statements.

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New Projects

Proposed Busy Bee Fuel Station*

-15000 square feet in Panama City Beach (largest in region)
-Joint Venture between The St. Joe Company and Johnson & Johnson
-Operated by Busy Bee
-Opening anticipated in 2019
-Potential locations to be announced in the future

Pier Park Crossings

-Under Construction
-240 units in the first phase, 120 units in the second phase
-Joint venture between The St. Joe Company and HomeCorp
-Operated by HomeCorp
-Opening anticipated in early summer 2019

TownePlace Suites Select Service Hotel

-Under Construction
-124 room select service hotel in PC Beach
-Adjacent to Frank Brown Sports Complex and Aquatic Center(amateur sports tournaments)
-Joint venture between St Joe and InterMountain
-Operated InterMountain
Opening ant 2020

Proposed Northwest Florida Beaches Intnl Airport Hotel (ECP)*

-110-125 Room hotel with Restaurant and meeting space in Bay County
-Nationally branded Hotel owned and operated by The St. Joe Company (brand to be announced in 2019)
-Opening anticipated in 2020

Proposed WaterCrest Senior Living Community*

-107 units in Santa Rosa Beach (Walton County)
-Joint Venture between The St. Joe Company and WaterCrest
-Operated by WaterCrest
-Opening anticipated in 2020
-Potential locations to be announced in the future

Proposed Latitude Margaritaville Watersound - 55 and Better Age Restricted Residential Community*

-Approximately 3000 homes planned in first phase located adjacent to IntraCoastal Waterway near Northwest Florida Beaches International Airport (Bay County)
-Joint Venture between The St. Joe Company and Minto

Latitude cont.

-Detailed Specific Area Plan (DSAP) submitted to Bay County with anticipated approval in 1Q of 2019
-Site development anticipated to begin in 2019
-Sales Center and first set of model homes opening anticipated in 2020

Embassy Suites Full Service Hotel

-253 room full service hotel with restaurant, meeting rooms, and resort amenities in Panama City Beach
-Gulf of Mexico views
-Joint Venture between St. Joe and Key International
-Operated by St. Joe Club & Resorts
-Open ant. 2020/2021

Proposed Watersound Origins Sacred Heart Health Facility (Walton County)*

-6700 sq ft multi specialty ambulatory clinic offering Primary and OBGYN services
-Potential future expansion to 13000 sq ft offering specialty care services
-St. Joe is developer/landlord and Sacred Heart is tenant
-Opening anticipated 2020

Proposed Origins Crossings*

-217 luxury apartments
Located in Watersound Origins in South Walton
under construction by Summer 2019

*The parties intend to, but have not yet finalized, the joint venture for development of this project.  See press release for additional details.