other material
confidence high
sentiment positive
materiality 0.60
St. Joe reports record residential sales and membership growth in 2023 operational update
ST JOE Co
- Residential: 1,704 homes/homesites sold (most ever); 1,177 new homes in Bay/Walton counties.
- Hospitality: Watersound Club membership grew by 713 to 3,317; 5 new hotels opened (646 rooms).
- Commercial: 44 new leases signed (record); 1,028,831 sq ft leased at 95% occupancy.
- Broke ground on 87-acre FSU/TMH Medical Campus; 79,000 sq ft medical office building planned for 2024.
- Full Q4/fiscal 2023 earnings expected Feb 21, 2024.