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Stock impact report

The St. Joe Company and the City of Panama City Florida Execute a Land Lease to Bring a New Hotel and Restaurant to Panama City’s Downtown Waterfront District

St. Joe Company (The) (JOE) 
Last st. joe company (the) earnings: 10/31 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.joe.com
Company Research Source: Business Wire
PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company (NYSE: JOE) (“St. Joe”) and the City of Panama City, Florida (“the City”) execute a long-term land lease to bring a new hotel and restaurant to Panama City’s downtown waterfront district. Under the terms of the lease St. Joe will lease a City-owned parcel to develop, construct and operate a waterfront hotel and standalone restaurant on a portion of the Panama City Marina property fronting beautiful St. Andrews Bay, which has a deep water channel to the Gulf of Mexico.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200827005756/en/Artist rendering of planned hotel. (Photo: Business Wire)This agreement comes after nearly two years of planning, discussions and public meetings between St. Joe, the City and local residents. St. Joe initially expressed interest in the project in September of 2018 in a letter to the City and reaffirmed that interest in November of th Show less Read more
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