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Stock impact report

The St. Joe Company and HomeCorp Announce the Construction of an Additional 120 Apartment Homes at Pier Park Crossings in Panama City Beach, Florida

St. Joe Company (The) (JOE) 
Last st. joe company (the) earnings: 10/31 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.joe.com
Company Research Source: Business Wire
WATERSOUND, Fla.--(BUSINESS WIRE)--The St. Joe Company (NYSE: JOE) (“St. Joe”) and HomeCorp announce the construction of an additional 120 apartment homes at Pier Park Crossings in Panama City Beach, Florida. These apartment homes are currently under construction and once complete will bring the total number of units in Pier Park Crossings to 360.In June of 2018, St. Joe and HomeCorp began the construction of the first phase of apartment homes at Pier Park Crossings located on North Pier Park Drive adjacent to Frank Brown Park. Plans for the initial phase called for 240 apartment homes. Currently, 192 of these units are complete and nearly 100% leased. Plans call for the remaining units to be completed in December.“Demand for high quality apartment homes at Pier Park Crossings has been extremely strong since we announced the first phase of the project,” said Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe. “We decided to commence construction on a second Show less Read more
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