Comments on: Change?

By: Bryan

Bryan — Sat, 08 Jan 2011 03:30:16 +0000

They conned Bay County and the state of Florida into the creation of an “international airport” down near Panama City. A lot of money spent building a facility that will be underused, and probably underfunded, given the fiscal realities of the Bay County area.

St Joe wanted it as part of its planning for development, because it isn’t easy to get in and out of Panama City. There really aren’t a lot of roads on on the Panhandle, and one of the most important, US-98, hugs the coast.

By: Ame

Ame — Sat, 08 Jan 2011 00:46:07 +0000

Oops! David Einhorn isn’t very impressed with St. Joe’s development history.

http://nymag.com/daily/intel/2010/10/david_einhorn_on_st_joe_compan.html

By: Bryan

Bryan — Fri, 07 Jan 2011 22:06:29 +0000

In the not too distant future most of the Panhandle up to I-10 will be under water, so if it isn’t developed soon, the bulk of St Joe’s holdings will be part of the Gulf of Mexico. The end of the Peninsula will probably be north of Disney World.

By: Ame

Ame — Fri, 07 Jan 2011 21:58:47 +0000

Absent a devastating disaster they will just create one by leaving those vacant houses standing until nature takes them back then they can bulldoze those neighborhoods and start anew. In the meantime they will pave the remainder of the panhandle, fill the wetlands, build a desalinization plant….ya’ll go take pictures of Florida ’cause it’s about to disappear. Put some sand in a jar, sit it on the mantel.