SVN experts in land, marina, retail and multi-family from around the state of Florida have commenced marketing efforts to bring the project to fruition. Leading the team of five SVN offices involved in the effort is SVN Lotus of Sarasota. The commercial brokerage firm is headquartered in Boston.

“This is such a remarkable community and we're delighted to be involved in this effort,” said Ashley Bloom, SVN Lotus managing director. “It's a gem on the shoreline, a wonderful place for families to raise children. With the bay access, there's a host of recreational activities available. People can access the Town Center easily, via golf carts – its good living.”

SweetBay's amenities include five miles of bay access to residents, a planned marina village, nature trails, an initial pool and sports court, and the University Academy—a free K-8 public charter school in 2018.

“SweetBay is a vital part of Panama City's rebuilding effort, which is more than just a restoration: We're growing our economy and community to become the premier city in the Panhandle,” said Mark McQueen, city manager, Panama City. He added that the effort will include the addition of multi-family housing, boutique retail shops, restaurants, coffee shops, gyms, a grocery store and more.

“We plan to attract commercial industries, such as retail, hospitality, aviation, maritime, manufacturing,” he said. “These are all desperately needed for Panama City to thrive.”

In March SVN Lotus was selected to market and manage the sale of a full city block in Downtown Sarasota. Located on Main Street, the property is comprised of three parcels and is located in a federally-designated opportunity zone. It features three existing buildings generating cash flow, but also has significant development potential.