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 progress on various development projects as of April 1, 2022. This highlights the company's ongoing efforts in real estate development across Northwest Florida, focusing on residential, hospitality, and commercial ventures. The video emphasizes St. Joe's strategic approach to utilizing its significant land-use entitlements. Investors are reminded that the video contains forward-looking statements, which are subject to risks detailed in the company’s SEC filings.

Positive

• Highlighting progress on projects indicates active development and potential revenue growth.
• Strong focus on residential and commercial projects aligns with market demand in Northwest Florida.

Negative

• Forward-looking statements carry risks related to project completion and market 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 taken on or around April 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, 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.

©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/20220412006104/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

Vice President of Marketing & Communications

1-850-374-7415

mike.kerrigan@joe.com

Source: The St. Joe Company

FAQ

What projects are highlighted in The St. Joe Company's recent video?

The video showcases various development projects in progress or under construction as of April 1, 2022.

When was the video showcasing development projects released by St. Joe?

The video was released on April 1, 2022.

What does St. Joe Company focus on in their development projects?

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

What risks are associated with the forward-looking statements in the St. Joe video?

The risks include the ability to complete projects and the demand from potential users, buyers, and tenants.

Where can I find more videos from The St. Joe Company?

You can view more videos on the St. Joe website at www.joe.com/video-gallery.