Civil Municipal - April 2024

Beach’s real estate compared to other regions. This perception of value, coupled with the city’s desirability as a place to live, continues to draw people beyond its traditional catchment area. The mayor then passes the baton to Gonzalez to elaborate on the specifics of the residential developments underway. Gonzalez paints a picture of a demographic shift, with Panama City Beach attracting residents from across the United States, far beyond its historical geographic catchment area. “We are seeing people move here from way outside of that historical geographic catchment area,” he observes, noting the diverse origins of new residents. This trend signifies a transformation in the city’s demographic landscape, evolving from a predominantly second-home and vacation rental market to a vibrant, full-time residential community. Expanding on the varietyof housing options available, Gonzalez confirms the development of mixed-use, multifamily, and starter homes, aiming to cater to a broad spectrum of needs and preferences. The St. Joe Company’s strategy involves offering a range of residential communities that span multiple price points and lifestyle preferences. From luxury multi- million-dollar homes to more affordable options, Gonzalez emphasizes the importance of providing suitable living spaces for every potential resident. BEYOND ENTERTAINMENT AND INTO QUALITY OF LIFE Panama City Beach is on a strategic path to enhancing its appeal as a tourist destination and as a vibrant community where the quality of life is paramount. Under Mayor Sheldon, the city’s leadership is keen on diversifying the economic and entertainment landscape to include a wide array of amenities that cater to visitors and residents alike. Looking ahead, Sheldon affirms that the city’s future focus remains on augmenting its amenities and maintaining a family-friendly yet controlled development strategy. This vision encompasses a holistic view of growth that prioritizes enhancing the city’s quality of life through diverse and innovative projects. Panama City Beach stands at a crossroads of The Corradino Group (Corradino) is a national leader in the fields of construction oversight, engineering, planning, community outreach, and program management. For the past 54 years, we have been entrusted to deliver some of the nation’s most high-profile and complex projects, including providing services for the City of Panama City Beach, managing their active Community Redevelopment Agency (CRA) construction projects since 2022. Corradino is proud of their accomplishments of award-winning community outreach, communications, and marketing services. Our experienced team has a proven track record of consistently delivering outstanding results, ensuring projects are completed on time and within budget. $5.3M CRA ALF COLEMAN ROAD PROJECT IN PCB $1.3B I-595 EXPRESS PROJECT IN SOUTH FLORIDA TRUSTED FOR OVER 50 YEARS pcb@corradino.com | www.corradino.com 163 CIVIL AND MUNICIPAL VOLUME 5, ISSUE 04 PANAMA CI TY BEACH, FLORIDA