Bay County, Florida

worked diligently to find things that are supple- mentary to tourism, as opposed to complemen- tary,” he explains. “We’re trying to grow the por- tions of our local econ- omy that would grow in the event of a downturn in tourism, because things that are comple- mentary to tourism tend to ebb and flow at the same time. So, we’ve made it a point to be as business-friendly as possible.” In addition to already having the fifth-lowest tax rate out of Florida’s 67 counties, Majka reports that the county has streamlined its regulatory and land-use plan- ning processes. It also teamed up with Gulf Power, Florida’s Great Northwest, a regional economic development organization for the Florida Panhandle, and the State of Florida, in creating what are called ‘Florida First Sites.’ “So, if you’re an industry looking to come to Florida, and you’re interested in coming to the Panhandle, we have sites that are already developed, that have the infrastruc- ture in place, and that have the permitting done. You simply come in, identify what your power and © The St. Joe Company 2018 All Rights Reserved. “JOE®”, “St. Joe®”, “St. Joe (and the Taking Flight design)®”, the “Taking Flight” design® and the projects names referenced herein are service marks of The St. Joe Company or its affiliates. The materials and features and amenities described and depicted herein are based upon current development plans, which are subject to change without notice. This does not constitute an offer to sell real property in any jurisdiction where prior registration or other advance qualifications of real property is required, including New York. Void where prohibited by law. Equal Housing Opportunity. The Clubs by Joe is a private club, membership in which permits members the use of facilities designated by the Club. Use of Club facilities requires purchase of a membership. Club membership may be subject to application and acceptance, payment of fees, membership requirements, rules or other limitations, all of which are subject to change. The St. Joe Company does not guarantee the obligations of, nor provide any warranties for unaffiliated parties who build homes or offer services in St. Joe communities. Obtain the Property Report required by Federal Law and read it before signing anything. No federal agency has judged the merits or value, if any, of this property. WORK O F F I C E , I N D U S T R I A L , AN D B U I L D TO S U I T L I V E M A S T E R P L ANN E D COMMU N I T I E S VACAT I ON P L AY R E S O R T S GO L F AN D P R I VAT E C L U B S SHOP L E A S A B L E R E TA I L S PAC E T H E S T . J O E COMPANY JOE . COM The St. Joe Company is a Northwest Florida based real estate developer and asset manager. The Company focuses on thoughtfully planned destinations to live, work, play, shop, and vacation near the region’s beautiful white sand beaches. S I NC E 1936 BAY COUNTY, FLORIDA AT A GLANCE BAY COUNTY, FLORIDA WHAT: A county of 180,000 WHERE: On Florida’s panhandle, midway be- tween Tallahassee and Pensacola WEBSITE: www.co.bay.fl.us The St. Joe® Company, founded in 1936, is a Northwest Florida based real estate development and asset man- agement company. The company operates through four segments: Residential Real Estate, Resorts and Private Clubs, Commercial Leasing and Sales, and Forestry. The company focuses on thoughtfully planned destinations to live, work, play, shop, and vacation near the Northwest Florida region’s beautiful white sand beaches. St. Joe communities cover a wide spectrum of housing types and price points for all demographics. St. Joe is best known for its flagship community, WaterColor®, located in South Walton County, FL. Other communi- ties in active development include Watersound Origins- SM , Breakfast Point® and Southwood. St. Joe continues to work in partnership with Bay County on develop- ment applications for its newest active adult communi- ty, Latitude Margaritaville Watersound. We continue to actively grow our Clubs and Resorts segment, much of which will take place in Bay County. The 60 room WaterColor® Inn boutique hotel along 30-A has been a Four Star rated Forbes Travel Guide Hotel since 2013 and a AAA Four Diamond Hotel since 2007 – it recently was named the #7 Hotel in the South by Southern Living. Homeowners, club members, and guests are offered an array of amenities through Clubs By Joe – a collection of properties that boasts the WaterSound® Beach Club on 30-A, Bay Point Marina in Panama City Beach, and Shark’s Tooth Golf Club at Wild Heron among many other locations. Throughout Northwest Florida, we work with best in class partners on commercial real estate opportunities to enhance the communities we are part of. Venture- Crossings® Enterprise Centre offers pad ready and build- to-suit sites with potential for transportation via air, land, and sea. Beckrich Office Park is ideally positioned in the heart of Panama City Beach’s commercial activity. Retail Leasing opportunities at locations like Pier Park® North and WaterColor Crossings can be found from South Walton to Tallahassee. Existing relationships with both national retailers and the best regional brands offer options for both tenants and shoppers. Whether it’s commercial or residential; health, educa- tion, transportation or resorts and clubs related we are open for business and strive to be of value to all who work and live in our communities. joe.com

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