THE ST. JOE COMPANY, TALLAHASSEE MEMORIAL HEALTHCARE AND THE FLORIDA STATE UNIVERSITY COLLEGE OF MEDICINE ANNOUNCE THEIR INTENT TO DEVELOP A HEALTH CARE CAMPUS IN PANAMA CITY BEACH, FLORIDA
Panama City Beach, FL (April 12, 2021) — — The St. Joe Company (NYSE: JOE) ("St. Joe"), Tallahassee Memorial HealthCare, Inc. ("TMH") and the Florida State University College of Medicine ("FSU") announce their intent to develop a health care campus in Panama City Beach, Florida. The campus is planned to be located on an 87-acre parcel near the intersection of State Highway 79 and Phillip Griffitts Sr. Parkway, just minutes from the Latitude Margaritaville Watersound community, the 55-and-better community which is planned for 3,500 homes.