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 of its development projects as of March 31, 2021. The video highlights ongoing construction activities and is accessible through their official link. It includes forward-looking statements indicating that the successful completion of these projects and market demand are subject to risk factors. St. Joe focuses on real estate development and asset management in Northwest Florida, holding notable residential and commercial land-use entitlements.

Positive

• Showcasing ongoing development projects potentially enhances investor confidence.
• Focus on real estate development in a growing market like Northwest Florida.

Negative

• Dependence on successful completion of projects; risks related to market demand.
• Uncertainty regarding the successful uptake of developments by potential buyers and tenants.

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 March 31, 2021.

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 report filings, as well as the following: (1) the ability of St. Joe or its affiliates 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, together with its consolidated subsidiaries, is a real estate development, asset management and operating company. The Company owns land in Northwest Florida and has significant residential and commercial land-use entitlements in hand or in process. More information about the Company can be found on its website at www.joe.com. More information on the Company’s current project pipeline can be found at www.joe.com/project-updates.

©The St Joe Company 2021. “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/20210416005522/en/

FAQ

What is the recent video release by St. Joe Company about?

The video showcases the progress of development projects as of March 31, 2021.

When was the St. Joe Company video released?

The video was released on April 16, 2021.

What risks are associated with St. Joe Company's development projects?

Risks include the successful completion of projects and market demand for these developments.

Where can I watch the St. Joe Company's latest video?

The video can be viewed on the St. Joe Company's official video gallery.

What does St. Joe Company focus on?

St. Joe Company specializes in real estate development and asset management in Northwest Florida.