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 the progress on its development projects as of January 1, 2023. This video, available on their website, highlights ongoing construction and plans. The company specializes in real estate development and asset management in Northwest Florida, focusing on residential, hospitality, and commercial ventures. St. Joe holds significant land-use entitlements and seeks to enhance its real estate value through various development activities. The video serves as a transparent update for stakeholders and investors.

Positive

• Released a video demonstrating project progress, enhancing transparency for investors.
• Focus on high-demand residential and commercial development in Northwest Florida.
• Significant land-use entitlements that can drive future growth.

Negative

• None.

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 taken on or around January 1, 2023.

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, 2021 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.

©2023 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/20230118005920/en/

St. Joe Investor Relations Contact:

Marek Bakun

Chief Financial Officer

1-866-417-7132

marek.bakun@joe.com

St. Joe Media Relations Contact:

David Demarest

Director of PR & Communications

1-850-213-5137

David.Demarest@StJoe.com

Source: The St. Joe Company

FAQ

What is the significance of the video released by The St. Joe Company?

The video showcases progress on development projects, providing transparency about ongoing construction and future plans.

As of when was the project progress video filmed for The St. Joe Company?

The video includes footage taken on or around January 1, 2023.

What markets does The St. Joe Company operate in?

The St. Joe Company operates primarily in Northwest Florida, focusing on residential and commercial real estate.

What type of projects is The St. Joe Company involved in?

The company is involved in various development projects, including residential, hospitality, and commercial ventures.

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

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