Minto Communities, Margaritaville Holdings and The St. Joe Company Finalize Plans for Latitude Margaritaville Watersound Located in the Panhandle of Florida

Watersound, FL (June 19, 2019)  — Master developer Minto Communities USA ("Minto"), global lifestyle brand Margaritaville Holdings and The St. Joe Company (NYSE: JOE) ("St. Joe") announce the official formation of their joint venture to develop Latitude Margaritaville Watersound, an active adult community in Florida's Panhandle region.

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Minto Communities, Margaritaville Holdings and The St. Joe Company Announce Plans for the Next LATITUDE MARGARITAVILLE Location in the Panhandle of Florida

Watersound, FL (May 16, 2018) – Master developer Minto Communities USA, global lifestyle brand Margaritaville Holdings and The St. Joe Company (NYSE: JOE) (“St. Joe”) have combined their resources to pursue the development of a new LATITUDE MARGARITAVILLE active adult community in Florida’s Panhandle region to be located in Bay County near Panama City Beach and the scenic 30A corridor. The community is projected to open in early 2020.

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