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Misc St. Joe partners with Jimmy Buffett’s Margaritaville for ‘active adult community’

Discussion in 'Real Estate' started by Beauford, May 17, 2018.

  1. Beauford

    Beauford Beach Lover

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    St. Joe partners with Jimmy Buffett's Margaritaville for 'active adult community'

    The St. Joe company, quiet of late on its vision for a planned “active adult community” in northwest Bay County, announced Wednesday it has partnered with Margaritaville and a national developer to pursue the development of Latitude Margaritaville with a projected opening date in early 2020.

    Margaritaville Holdings and Minto Communities USA, are joined with St. Joe to develop the project, which a news release said will be “located in Bay County near Panama City Beach and the scenic 30A corridor.”

    This development template isn’t untried, it will be the third to be constructed under this brand. Lattitude Margaritaville Communities have already opened in Daytona Beach and Hilton Head, S.C.

    “St. Joe is pleased to work together with Minto and Margaritaville to offer the first active adult community of this kind in our region,” said Jorge Gonzalez, St. Joe Company President and Chief Executive Officer. “Minto has a solid record of successful developments throughout the state of Florida and the southeastern United States.”

    Even though it’s the third of the branded communities, it will stand out, Gonzalez said.

    “Many factors set this community and our market apart from others,” he said. “The planned Latitude Margaritaville community property is in close proximity to the Gulf of Mexico and the area’s gorgeous white sand beaches, shopping and entertainment centers, as well as the Northwest Florida Beaches International Airport.”

    The Latitude Margaritaville Watersound location is “in the heart of St. Joe’s Bay-Walton Sector Plan that is entitled for 170,000 homes,” the release said. “St. Joe owns approximately 15 miles of frontage on the Intracoastal Waterway connecting West Bay with Choctawhatchee Bay ... .”
     
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  2. steel1man

    steel1man Beach Fanatic

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    estimated 170,000 homes...thanks Jimmy.....north of 98 30A area....rumor? Fact?
     
  3. steel1man

    steel1man Beach Fanatic

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    We are excited to announce the location for our newest Latitude Margaritaville community! Latitude Margaritaville Watersound will be located in Florida’s Panhandle region in Bay County near Panama City Beach & the scenic 30A corridor. Sign up for updates: latitudemargaritaville.com
     

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