The St. Joe Company Announces the Opening of Starbucks at Watersound® Town Center
The St. Joe Company (NYSE: JOE) has announced the opening of a new Starbucks at Watersound Town Center, an open-air lifestyle center in Inlet Beach, Florida. The center, located at the entrance of the Watersound Origins community, is attracting national brands and increasing consumer traffic.
Joining Starbucks, J. McLaughlin, a national clothing brand, is set to open this year. Recent openings include Halo Salon and Blowout Bar, Legacy Dental Studio, and Electric Cart Watersound. The second phase of Watersound Executive Suites is now complete and fully leased.
Watersound Town Center currently offers nearly 156,000 square feet of leasable space, with plans to expand to approximately 400,000 square feet. The adjacent Watersound Origins communities, with over 1,100 existing homes and plans for more than 5,000 homesites, provide a significant consumer base for the center.
La St. Joe Company (NYSE: JOE) ha annunciato l'apertura di un nuovo Starbucks presso il Watersound Town Center, un centro commerciale all'aperto a Inlet Beach, Florida. Il centro, situato all'ingresso della comunità di Watersound Origins, sta attirando marchi nazionali e aumentando il traffico di consumatori.
Insieme a Starbucks, J. McLaughlin, un marchio di abbigliamento nazionale, è previsto che apra quest'anno. Le aperture recenti includono Halo Salon e Blowout Bar, Legacy Dental Studio e Electric Cart Watersound. La seconda fase di Watersound Executive Suites è ora completata e completamente affittata.
Watersound Town Center offre attualmente quasi 156.000 piedi quadrati di spazio affittabile, con piani per espandersi a circa 400.000 piedi quadrati. Le comunità adiacenti di Watersound Origins, con oltre 1.100 abitazioni esistenti e piani per più di 5.000 lotti per case, forniscono una base di consumatori significativa per il centro.
La empresa St. Joe (NYSE: JOE) ha anunciado la apertura de un nuevo Starbucks en Watersound Town Center, un centro de estilo de vida al aire libre en Inlet Beach, Florida. El centro, ubicado en la entrada de la comunidad Watersound Origins, está atrayendo marcas nacionales y aumentando el tráfico de consumidores.
Junto a Starbucks, J. McLaughlin, una marca de ropa nacional, está prevista para abrir este año. Las aperturas recientes incluyen Halo Salon y Blowout Bar, Legacy Dental Studio y Electric Cart Watersound. La segunda fase de Watersound Executive Suites ahora está completa y totalmente arrendada.
Watersound Town Center actualmente ofrece casi 156,000 pies cuadrados de espacio arrendable, con planes para ampliar a aproximadamente 400,000 pies cuadrados. Las comunidades adyacentes de Watersound Origins, con más de 1,100 viviendas existentes y planes para más de 5,000 parcelas de casas, proporcionan una base de consumidores significativa para el centro.
세인트 조 회사(St. Joe Company, NYSE: JOE)는 플로리다주 인렛 비치에 위치한 야외 라이프스타일 센터인 워터사운드 타운 센터에 새로운 스타벅스 오픈을 발표했습니다. 워터사운드 오리진스 커뮤니티 입구에 위치한 이 센터는 국가 브랜드를 유치하고 소비자 트래픽을 증가시키고 있습니다.
스타벅스와 함께, J. 맥클라우린이라는 국가 의류 브랜드가 올해 오픈할 예정입니다. 최근 개장한 곳으로는 Halo Salon과 Blowout Bar, Legacy Dental Studio, Electric Cart Watersound가 있습니다. 워터사운드 이그제큐티브 스위트의 두 번째 단계는 현재 완공되어 모두 임대되었습니다.
워터사운드 타운 센터는 현재 거의 156,000평방피트의 임대 가능 공간을 제공하며, 약 400,000평방피트로 확장할 계획입니다. 1,100개의 기존 주택과 5,000개 이상의 주택 단지 계획이 있는 인접한 워터사운드 오리진스 커뮤니티는 센터에 상당한 소비자 기반을 제공합니다.
La société St. Joe (NYSE: JOE) a annoncé l'ouverture d'un nouveau Starbucks au Watersound Town Center, un centre de vie en plein air à Inlet Beach, en Floride. Le centre, situé à l'entrée de la communauté Watersound Origins, attire des marques nationales et augmente le trafic des consommateurs.
Avec Starbucks, J. McLaughlin, une marque de vêtements nationale, devrait ouvrir cette année. Les ouvertures récentes incluent Halo Salon et Blowout Bar, Legacy Dental Studio et Electric Cart Watersound. La deuxième phase des Watersound Executive Suites est maintenant terminée et entièrement louée.
Watersound Town Center propose actuellement près de 156 000 pieds carrés d'espace locatif, avec des projets d'extension à environ 400 000 pieds carrés. Les communautés adjacentes de Watersound Origins, comptant plus de 1 100 maisons existantes et des projets pour plus de 5 000 parcelles de maisons, offrent une base de consommateurs significative pour le centre.
Die St. Joe Company (NYSE: JOE) hat die Eröffnung eines neuen Starbucks im Watersound Town Center, einem offenen Lifestyle-Zentrum in Inlet Beach, Florida, angekündigt. Das Zentrum, das sich am Eingang der Gemeinschaft Watersound Origins befindet, zieht nationale Marken an und steigert den Verbraucherverkehr.
Zusammen mit Starbucks wird J. McLaughlin, eine nationale Modemarke, in diesem Jahr eröffnet. Zu den jüngsten Eröffnungen gehören Halo Salon und Blowout Bar, Legacy Dental Studio und Electric Cart Watersound. Die zweite Phase der Watersound Executive Suites ist jetzt fertiggestellt und voll vermietet.
Das Watersound Town Center bietet derzeit fast 156.000 Quadratfuß an mietbarer Fläche, mit Plänen zur Expansion auf etwa 400.000 Quadratfuß. Die angrenzenden Communities von Watersound Origins, mit über 1.100 bestehenden Häusern und Plänen für mehr als 5.000 Bauplätze, bieten eine signifikante Verbraucherbasis für das Zentrum.
- Opening of Starbucks at Watersound Town Center, attracting a nationally recognized brand
- Upcoming opening of J. McLaughlin, a prominent national clothing brand
- Increased interest from national companies in leasing space at the center
- Completion and full leasing of the second phase of Watersound Executive Suites
- Plans to expand the center from 156,000 to 400,000 square feet of leasable space
- Growing consumer base with over 1,100 existing homes in adjacent communities
- None.
Starbucks opens at Watersound Town Center. (Photo: Business Wire)
“We are proud to have a nationally recognized brand like Starbucks at Watersound Town Center, offering a convenient location for residents of our Watersound Origins and neighboring communities and travelers along the US Highway 98 corridor,” said William Brock, Vice President of Commercial Real Estate for St. Joe. “We are confident that Starbucks will also increase consumer traffic to the town center and be a benefit to our current and future tenants.”
Joining Starbucks at Watersound Town Center is J. McLaughlin, a prominent national men’s and women’s clothing brand with more than 140 retail stores throughout the country. The store is anticipated to open this year.
“We are seeing increased interest in Watersound Town Center from companies around the country, which is key to creating diverse shopping and dining experiences that include both nationally recognized brands and local and regional favorites,” said Samantha Walton, Director of Commercial Sales and Leasing for St. Joe.
Other tenants have opened their doors over the past few months, including Halo Salon and Blowout Bar, Legacy Dental Studio, and Electric Cart WatersoundSM. The second phase of Watersound Executive Suites, which was under construction during the summer, is now complete and fully leased. Summer House Lifestyle and the high-end sports tavern concept by Quest Hospitality Concepts, LLC are anticipated to open in 2025.
Watersound Town Center currently features nearly 156,000 square feet of leasable space as well as a covered event pavilion and green space that hosts cultural events throughout the year. Plans call for the center to include approximately 400,000 square feet of space. The Watersound Origins and Watersound Origins West communities, a vital pipeline of consumers for the town center, currently have more than 1,100 existing homes. Plans call for these communities to feature a total of more than 5,000 homesites.
More information on Watersound Town Center can be found at www.watersoundtowncenter.com.
Important Notice Regarding Forward-Looking Statements
This press release contains “forward-looking statements,” within the meaning of Section 21E of the Exchange Act, including statements regarding Watersound Town Center, including future retail, dining, office and medical concepts, future tenant opening and planned business openings.
These forward-looking statements are qualified in their entirety by cautionary statements and risk factors set forth in St. Joe’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2023 and subsequent current report filings as well as (1) the ability of Watersound Town Center to complete the proposed additional leasable space currently contemplated, (2) the ability of St. Joe to complete the homesites in the Watersound Origins and Watersound Origins West communities and (3) the interest of prospective tenants, customers and purchasers in the town center and the communities.
About the St. Joe Company
The St. Joe Company is a real estate development, asset management and operating company with real estate assets and operations in
©2024 The St Joe Company. “St. Joe®,” “JOE®,” the “Taking Flight” Design®,” “St. Joe (and Taking Flight Design)®,” “Watersound Origins®,” and “Watersound®” are registered service marks of The St. Joe Company or its affiliates.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241002431066/en/
St. Joe Investor Relations Contact:
Marek Bakun
Chief Financial Officer
1-866-417-7132
marek.bakun@joe.com
St. Joe Media Relations Contact:
Mary Beth Lovingood
Corporate Director of Marketing
1-850-231-6583
marybeth.lovingood@joe.com
Source: The St. Joe Company
FAQ
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