St. Joe Company is a real estate development firm that focuses on land and home development projects primarily in Northwest Florida
The company engages in the acquisition and development of residential, commercial, and resort properties, aiming to create vibrant communities that leverage the area's natural beauty and economic growth potential. St. Joe also manages a significant portfolio of timberlands and other real estate assets, contributing to sustainable land use while fostering economic development in the region. Through its various ventures, the company seeks to enhance the value of its properties and attract residents and investors to the thriving Florida Panhandle.
The St. Joe Company (NYSEJOE) (“St. Joe”) announces the opening of its newest Watersound Club golf course designed by Love Golf Design Founders Davis Love III and Mark Love and Lead Architect Scot Sherman. Named “The Third” in homage to both the PGA great who helped design the new course and its position as the third golf course in the Watersound Club collection, the 18-hole course is located just north of Shark’s Tooth golf course, another world-class amenity in the Watersound Club portfolio.
The St. Joe Company (NYSEJOE) (“St. Joe”) launches a boutique real estate brokerage specializing in home sales along Northwest Florida’s gulf coast. The new venture is led by industry veteran Diane Hausler who serves as Senior Vice President and manages the brokerage’s day-to-day operations.
Minto Communities USA (“Minto”), The St. Joe Company (NYSEJOE) (“St. Joe”), and Margaritaville Holdings (Margaritaville) announce that Latitude Margaritaville Watersound has sold its 2,000th home. Latitude Margaritaville Watersound, an active adult community for those 55 and better, opened in May 2021. Plans call for approximately 3,500 homes in the community’s first phase, and additional phases are anticipated.
The St. Joe Company (NYSEJOE) (“St. Joe”) (“Company”) proudly announces its certification by Great Place To Work®, a global leader in workplace culture recognition. This recognition is earned entirely by evaluating workplace culture from the perspective of the employee, offering a comprehensive picture of the internal health of an organization. Employing more than 1,000 team members from 18 countries, St. Joe sought this certification through an employee survey, resulting in a higher percentage of employees rating the Company as a “great place to work” compared to that of a typical U.S. company.
The St. Joe Company (NYSEJOE) (“St. Joe”) announces the opening of the new Starbucks at Watersound Town Center, St. Joe’s open-air lifestyle center at the entrance to the Watersound Origins® community in Inlet Beach, Florida.
Latitude Margaritaville Watersound development partners have announced that Latitude Margaritaville Watersound has again been named among the top 50 master-planned communities in the U.S. on the RCLCO Real Estate Consulting mid-2024 listing. Latitude Margaritaville Watersound is being developed in a dynamic partnership between The St. Joe Company (NYSEJOE) (“St. Joe”) and master developer Minto Communities USA (“Minto”), under licensing from global lifestyle brand Margaritaville Holdings.
The St. Joe Company (NYSEJOE) (“St. Joe”) announces new homebuilder relationships with Holiday Builders and Harris Doyle Homes. With the addition of these regional homebuilders, St. Joe’s builder program now includes 19 builders within its residential portfolio of 16 active communities throughout Northwest Florida.
The St. Joe Company (NYSEJOE) (“St. Joe” or “The Company”) recently released its second quarter 2024 results, which showed record-breaking performance for its hospitality segment. Hospitality revenue increased by 38% to $62.3 million in the second quarter of 2024 as compared to $45.1 million in the second quarter of 2023. Similarly, gross margin for the hospitality segment increased to 39.2% for the second quarter of 2024 as compared to 26.2% for the same period in 2023. St. Joe attributes these results to several factors including new property openings in 2023, enhanced operational efficiencies at existing properties and continued increased visitation to Northwest Florida.
The St. Joe Company (NYSEJOE) (“St. Joe”) and Tallahassee Memorial HealthCare (TMH) proudly announce the opening of the first building at the FSU/TMH Medical Campus in Panama City Beach, Florida. TMH Urgent Care and TMH Physician Partners - Primary Care opened to patients in the newly constructed medical office building located at 1002 N. Arnold Road (Highway 79). The building is the first of several planned for the 87-acre campus being jointly planned and developed by St. Joe, TMH and Florida State University (FSU).
Latitude Margaritaville Watersound development partners have announced that construction is underway on additional amenities at the community’s Latitude Town Square. Latitude Margaritaville Watersound is being developed in a dynamic partnership between The St. Joe Company (NYSEJOE) (“St. Joe”) and master developer Minto Communities USA (“Minto”), under licensing from global lifestyle brand Margaritaville Holdings.
The St. Joe Company (NYSEJOE) (“St. Joe”) announces plans by the Berkowitz Contemporary Foundation, an arts-supporting non-profit organization, for the Longleaf Art Park at the Watersound Origins community. The park, which is currently under development off Origins Parkway, is planned for 15.5 acres and will be open to the public once complete. Day-to-day operations will be managed by the Cultural Arts Alliance of Walton County.
The St. Joe Company (NYSEJOE) (“St. Joe”) announces the opening of several restaurant, retail and office tenants at Watersound Town Center, St. Joe’s open-air lifestyle center at the entrance to the Watersound Origins® community in Inlet Beach, Florida.
The St. Joe Company (NYSEJOE) (“St. Joe”) concluded its 2024 Annual Meeting of Shareholders and released a video featuring many of its residential, commercial and hospitality assets in Northwest Florida. The video was shown at the meeting on May 14, 2024, in Inlet Beach, Florida as a preview of a two-day market tour that followed the meeting. During the tour shareholders had the opportunity to visit many of the assets featured in the video.
The St. Joe Company (NYSEJOE) (“St. Joe” or the “Company”) announces it has been recognized as the “Multi-Brand Developer of the Year” in the 2023 Hilton Americas Development Awards. The annual awards recognize the achievements of owners, development partners and hotel teams in the Americas across several categories. St. Joe was selected for this award in recognition of the opening of the Embassy Suites by Hilton Panama City Beach Resort and the Home2 Suites by Hilton Santa Rosa Beach in 2023.
