The St. Joe Co.

Exporter
PO Box 1380, Jacksonville, FL 32201-1380, United States
(866)417-7133, (904)301-4200, (904)301-4201 fax, http://www.joe.com

Primary SIC: Land Subdividers & Developers, Not Elsewhere Classified, Primary NAICS: Land Subdivision
Description: The St. Joe Company was incorporated in 1936 and is one of the largest real estate development companies in Florida. The company owns approximately 586,000 acres, which are concentrated primarily in Northwest Florida. Most of this land was acquired decades ago and, as a result, has a very low cost basis. Approximately 406,000 acres, or 70 percent of total land holdings, are within 15 miles of the coast of the Gulf of Mexico. The St. Joe Company engages in town and resort development, commercial and industrial development and rural land sales. The company also has significant interests in timber. The St. Joe Company has four operating segments: residential real estate, commercial real estate, rural land use and forestry. The new Panama City-Bay County International Airport is being built on a 4,000-acre site in western Bay County that was donated by The St. Joe Company. The company owns approximately 71,000 acres surrounding the new airport, which is expected to open in May 2010. This land has entitlements for over four million square feet of commercial and industrial space and over 5,800 residential units. More

Real Estate: Land developer, real estate brokerage, management of retail, commercial and residential buildings. Construction: Operative builder of single and multi-residential housing and office buildings/complexes. Agriculture: Forestry, including timber tracts. Manufacturing: Sawmill, and mulch processing. Transportation: Railway. Services: Hotels, resorts and golf and country clubs. Finance: Investors.