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 its ongoing projects as of December 31, 2020. This video highlights various developments in Northwest Florida related to residential, hospitality, and commercial ventures.

The press release includes a caution regarding forward-looking statements, emphasizing risks related to project completion and market demand. More details about their current projects can be found on St. Joe's website.

Positive

• The release of a video demonstrating progress on ongoing real estate projects.
• Continued development in various sectors, including residential, hospitality, and commercial.

Negative

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

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 December 31, 2020.

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, 2019, Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020 and June 30, 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 is a real estate development, asset management and operating company with real estate assets and operations in Northwest Florida, which the Company predominantly use, or intend to use, for or in connection with, various residential real estate developments, hospitality operations, commercial developments and leasing operations and forestry operations. 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/20210114006081/en/

FAQ

What is the significance of the video released by St. Joe Company on December 31, 2020?

The video illustrates the progress on various development projects, highlighting ongoing work in Northwest Florida.

What does the St. Joe Company focus on in its business operations?

St. Joe Company is involved in real estate development, asset management, and operates in the residential, hospitality, and commercial sectors.

What risks are associated with the forward-looking statements made by St. Joe Company?

The risks include challenges in completing projects and uncertainty regarding market demand for those projects.

Where can I find more information about St. Joe Company's projects?

More information can be found on the St. Joe Company's website, particularly in the project updates section.