The Florida Panhandle better known as the "Redneck Riviera", is on the top of our list of places to watch. The current real estate market has slowed and is undergoing a correction. In the interim the infrastructure in this region is readying itself for increased population. Discover why we think this will be a hot spot in the near future.
- FAA Signs Off on New Panama City Airport - The Bay County International Airport in in Panama City will be situated on 4,000 acres donated by Port St. Joe Co., a large real estate company founded by the Du Pont family in the 1930's.
Article: http://www.cpnonline.com/cpn/regions/article_display.jsp?vnu_content_id=1003123739
- Port St. Joe formed by the DuPont family over 70 years ago owns roughly 800,000 acres of undeveloped land. The board hired Rummell better known for Walt Disney Co.'s head of real estate, research and development to create seaside cottages, cabins in the woods, and coastal enclaves.
Article: http://www.heraldsun.com/tools/printfriendly.cfm?StoryID=770292
- Panama Beach to invest in tram system for beachgoers - The city council moved forward with plans for a six million dollar land purchase to implement a tram service in two to three years. Beachgoers could pick up the tram to various beach points. Dedicated tram lanes will be provided along Front Beach Road to enhance mobility and pedestrian safety and provide convenient access from planned multimodal centers and other parking facilities to attractions, beach access and accommodations.
Article: http://www1.wsvn.com/news/articles/local/MI27839/
- Pier Park by the Simon Group is a mixed use shopping, dining, and entertainment
complex. The complex will be opened by Fall 2006. The piers renovation will begin soon.
Article: http://www.simon.com/mall/LeasingSheet/PierPark1204.pdf
- Front Beach Road redevelopment area
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