St. Joe Company

The St. Joe Company and InterMountain Management, LLC Announce the Opening of the 121-Suite Residence Inn by Marriott® Panama City Beach Pier Park

Retrieved on: 
Tuesday, April 9, 2024

Joe”) and InterMountain Management, LLC (“InterMountain”) announce the opening of the 121-suite Residence Inn by Marriott Panama City Beach Pier Park (“Residence Inn”).

Key Points: 
  • Joe”) and InterMountain Management, LLC (“InterMountain”) announce the opening of the 121-suite Residence Inn by Marriott Panama City Beach Pier Park (“Residence Inn”).
  • The hotel is located at 15900 Panama City Beach Parkway, Panama City Beach, FL 32413 in the popular Pier Park® shopping and entertainment district.
  • Residence Inn is the second extended-stay hotel in Panama City Beach owned by a partnership of St. Joe and InterMountain, preceded by the 124-suite TownePlace Suites by Marriott® Panama City Beach Pier Park (“TownePlace Suites”).
  • "InterMountain is excited to open another hotel in Panama City Beach with our partners at The St. Joe Company," stated Dewey Weaver, Owner of InterMountain.

The St. Joe Company Releases a Video Showing Progress on Projects Currently Under Construction and Projects Completed in 2023

Retrieved on: 
Thursday, February 22, 2024

The St. Joe Company (NYSE: JOE) (“St.

Key Points: 
  • The St. Joe Company (NYSE: JOE) (“St.
  • Joe”) today releases a video showing progress on projects currently under construction and projects completed in 2023.
  • The video includes footage taken on or around January 1, 2024.
  • The video referenced in this press release contains “forward-looking statements,” within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements regarding the anticipated plans for the projects under construction described or depicted therein.

The St. Joe Company Reports Fourth Quarter and Full Year 2023 Results and Declares a Quarterly Dividend of $0.12

Retrieved on: 
Wednesday, February 21, 2024

The St. Joe Company (NYSE: JOE) (the “Company”) today reported fourth quarter and full year 2023 results.

Key Points: 
  • The St. Joe Company (NYSE: JOE) (the “Company”) today reported fourth quarter and full year 2023 results.
  • Over the past several years, the Company entered into joint ventures which are unconsolidated and accounted for using the equity method.
  • For the fourth quarter of 2023, there were 139 completed home sales bringing the community to 1,004 occupied homes.
  • Hospitality revenue increased by 59% to $35.4 million in the fourth quarter of 2023, as compared to $22.3 million in the fourth quarter of 2022.

The St. Joe Company Announces New Builder Relationship With National Luxury Homebuilder, Toll Brothers, Inc.

Retrieved on: 
Wednesday, February 14, 2024

The St. Joe Company (NYSE: JOE) (“St.

Key Points: 
  • The St. Joe Company (NYSE: JOE) (“St.
  • Joe”) announces a new builder relationship and the execution of a contract for homesites in Panama City Beach with Toll Brothers, Inc. (NYSE: TOL) (“Toll Brothers”), the nation's leading builder of luxury homes.
  • “We are thrilled to be working with Toll Brothers to bring their luxury home product to our market as we continue to diversify our builder relationships and the product mix in our residential communities."
  • Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine.

The St. Joe Company Announces Record Setting Performance in 2023 and Growth Across All Three Segments

Retrieved on: 
Thursday, February 1, 2024

Joe” or the “Company”) announces record setting performance in 2023 with growth across all segments of the Company.

Key Points: 
  • Joe” or the “Company”) announces record setting performance in 2023 with growth across all segments of the Company.
  • St. Joe achieved all-time record activity in a number of key metrics in its residential, hospitality and commercial segments.
  • “St.
  • The Company expects to release its fourth quarter and full year 2023 results after the market close on Wednesday, February 21, 2024.

The St. Joe Company Releases a New Publication Providing Information on the Company’s Vision, History and Current Operations

Retrieved on: 
Monday, January 15, 2024

The St. Joe Company (NYSE: JOE) (“St.

Key Points: 
  • The St. Joe Company (NYSE: JOE) (“St.
  • Joe”) releases a new publication providing information on the Company’s vision, history and current operations.
  • The publication includes details on St. Joe’s residential, commercial and hospitality developments and assets, as well as conservation efforts and land holdings.
  • “Over its 88-year history, St. Joe has significantly evolved as a company and continues to do so,” says Jorge Gonzalez, President and CEO for St. Joe.

The St. Joe Company Announces a Barnes & Noble Bookstore Coming to Pier Park North®

Retrieved on: 
Thursday, December 14, 2023

Joe”) announces plans for a new Barnes & Noble bookstore to open in the Pier Park North retail center in Panama City Beach, Florida.

Key Points: 
  • Joe”) announces plans for a new Barnes & Noble bookstore to open in the Pier Park North retail center in Panama City Beach, Florida.
  • Plans call for the bookstore to open in early spring of 2024.
  • “Pier Park North has a strong collection of retail, dining and service businesses, and we are thrilled to add a Barnes & Noble bookstore to the mix,” said Samantha Walton, Director of Commercial Sales and Leasing for St. Joe.
  • Barnes & Noble will join established businesses in Pier Park North, including The Fresh Market, Orangetheory Fitness, Dick’s Sporting Goods, Rooms to Go, World Market, Ross Dress for Less, PetSmart, and many others.

The St. Joe Company Announces Starbucks Among New Tenants Coming to Watersound® Town Center

Retrieved on: 
Monday, December 11, 2023

Joe”) announces plans for a new Starbucks as well as additional retail, dining, medical and office tenants coming to Watersound Town Center, St. Joe’s open-air lifestyle center at the entrance to the Watersound Origins® community in Inlet Beach, Florida.

Key Points: 
  • Joe”) announces plans for a new Starbucks as well as additional retail, dining, medical and office tenants coming to Watersound Town Center, St. Joe’s open-air lifestyle center at the entrance to the Watersound Origins® community in Inlet Beach, Florida.
  • The new Starbucks café is planned to open in 2024 along Origins Main Street within a multi-tenant building that is currently under construction.
  • Additional retail and dining tenants coming to Watersound Town Center include Sweet Henrietta’s Bakery, Summer House Lifestyle, Halo Salon & Blowout Bar, Nigel’s Bananas and Friends 30A Burger Bar.
  • “Since the first businesses opened, Watersound Town Center has continued to expand its appeal and tenant mix,” added Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe.

The St. Joe Company Announces a New Watersound Club® Golf Course

Retrieved on: 
Thursday, November 30, 2023

Joe”) is excited to announce the construction of another world-class Watersound Club golf course.

Key Points: 
  • Joe”) is excited to announce the construction of another world-class Watersound Club golf course.
  • Watersound Club staff are working closely with Love Golf Design founders Davis Love III, Mark Love and Scot Sherman to bring the new course to life as an additional amenity for Watersound Club members.
  • In homage to both the PGA great helping design the new golf course and the fact that it will be the third championship golf course in the Watersound Club collection, the new course will be named simply “The Third.”
    The Third is designed to comfortably span approximately 300 acres just north of another Watersound Club golf course, Shark’s Tooth.
  • Additionally, St. Joe is in the planning stage of residential homesites near this new golf course.

The St. Joe Company Releases a Video Showing Progress on Projects Currently in Development or Under Construction

Retrieved on: 
Thursday, October 26, 2023

The St. Joe Company (NYSE: JOE) (“St.

Key Points: 
  • The St. Joe Company (NYSE: JOE) (“St.
  • Joe”) today releases a video showing progress on projects in development or under construction.
  • The video includes footage taken on or around October 1, 2023.
  • The video referenced in this press release contains “forward-looking statements,” within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements regarding the anticipated plans for the projects under construction described or depicted therein.