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New builder relationship, St. Joe Company and PulteGroup, Inc.

On March 5, 2025, the St. Joe Company announced a new builder relationship and execution of a contract for homesites with national home builder PulteGroup, Inc., the third largest homebuilding company in the U.S. Plans call for these new homesites to be located in two gated communities along Highway 388, east of State Road 79 near Watersound® West Bay Center. Both communities are planned within the Pigeon Creek Detailed Specific Area Plan, which was approved by Bay County in 2025.

“We are proud to announce this new builder relationship with a nationally recognized company whose reputation has been built over several decades,” said Jorge Gonzalez, St. Joe President, Chief Executive Officer and Chairman of the Board. “Attracting a builder of this caliber to Northwest Florida reflects the region’s continued momentum and market demand and furthers our strategic plan for ongoing growth along the State Road 79 corridor. Additionally, this new relationship reinforces that we continue to receive inquiries from builders who want to come to our market and join our builder program.”

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