The Villages survived the housing bubble burst better than most. Last year more than 4,000 homes were sold there. St. Joe Co. wants to duplicate that success in the Florida Panhandle.
Palm Coast, FL – March 17, 2014 – St. Joe Co. has decided to expand its West Bay Sector Plan in Bay and Walton counties to 50,000 acres with plans to follow the lead of The Villages, an age-restricted community covering 20,000 acres northwest of Orlando.
St. Joe’s amended master plan will need to be approved by Bay and Walton counties as well as by the state. If the new plan is approved soon, new homes could be popping up there by next year.
For a detailed report, read St. Joe Co. reveals vision for its Bay-Walton communities // MAP from the Panama City News-Herald.