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

Rhea-AI Summary

The St. Joe Company (NYSE: JOE) has released a video showcasing ongoing development projects as of January 1, 2022. This video highlights the company's efforts in real estate development, asset management, and operations primarily in Northwest Florida. St. Joe focuses on residential, hospitality, and commercial ventures, leveraging its significant land-use entitlements. The release includes forward-looking statements regarding project completion and market demand, encouraging investors to review risk factors in SEC filings for a comprehensive understanding.

Positive

• Showcases progress on development projects, enhancing visibility.
• Focus on residential and commercial ventures indicates growth potential.
• Significant land-use entitlements provide strategic advantages.

Negative

• Forward-looking statements include risks related to project completion and demand.

PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)-- 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 shot on or around January 1, 2022.

Click here to view the video.

To view all of St. Joe’s videos, visit www.joe.com/video-gallery.

Important Notice Regarding Forward-Looking Statements

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. 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, 2020 and subsequent current filings, as well as the following: (1) the ability of St. Joe, its affiliates or its joint ventures to successfully complete the projects and (2) the demand for such projects by prospective users, buyers and tenants.

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 Northwest Florida. The Company intends to use existing assets for residential, hospitality and commercial ventures. St. Joe has significant residential and commercial land-use entitlements. The Company actively seeks higher and better uses for its real estate assets through a range of development activities. More information about the Company can be found on its website at www.joe.com. On a regular basis, the Company releases a video showing progress on projects in development or under construction. See https://www.joe.com/video-gallery for more information.

©2022 The St Joe Company. “St. Joe^®”, “JOE^®”, the “Taking Flight” Design^®, “St. Joe (and Taking Flight Design) ^®” are registered service marks of The St. Joe Company or its affiliates.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220112005980/en/

St. Joe Investor Relations Contact:

Marek Bakun

Chief Financial Officer

1-866-417-7132

marek.bakun@joe.com

St. Joe Media Relations Contact:

Mike Kerrigan

Corporate Director of Marketing

1-850-374-7415

mike.kerrigan@joe.com

Source: The St. Joe Company

FAQ

What developments are highlighted in the St. Joe Company video released on January 1, 2022?

The video showcases various projects in development or under construction by the St. Joe Company.

What does the St. Joe Company focus on regarding real estate?

St. Joe focuses on residential, hospitality, and commercial ventures primarily in Northwest Florida.

What risks are associated with St. Joe Company's projects as mentioned in the press release?

The risks include the ability to complete projects and the demand from prospective users and buyers.

Where can I find the video released by The St. Joe Company?

The video can be viewed on the St. Joe Company's website and also through the provided Business Wire link.

What is the ticker symbol for The St. Joe Company?

The ticker symbol for The St. Joe Company is JOE.