St. Joe Starts Leasing 1,000 Acres

JACKSONVILLE, FL-After years in the planning stage, the Jacksonville-based St. Joe Company, is beginning the leasing program for the first building in its 1000-acre project known as VentureCrossings Enterprise Centre, a mixed-use development in Northwest Florida, otherwise known as the Florida Panhandle, near Panama City.

The 40,000 to 60,000-square-foot building will be the company’s new home, where 100 to 150 employees are expected to move in the summer of 2011, says Kevin Johnson, vice president of economic development for the St. Joe Co. It has yet to be determined how much of the building will be rented out to office and retail tenants.

Not coincidentally, St. Joe is making plans for the new building at a time when the first international airport built in the US in 15 years, is about to open in Bay County next to the new project.