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SouthWood Ranks First of Florida's 'Five New Urban Communities To
Watch' By Florida Travel and Life Magazine
TALLAHASSEE, Fla., July 6 /PRNewswire-FirstCall/ -- The St. Joe Company
announced today that Florida Travel and Life magazine has selected SouthWood, a
St. Joe Hometown, as the number one community among Florida's "Five New Urban
Communities to Watch."
Appearing as part of an article on planned communities in Florida in the
publication's Spring 2005 issue, the story touts the unique charms of
SouthWood, citing it as "a 3,200-acre traditional neighborhood development with
1,000 acres of parks, lakes and ponds amid trees and rolling green hills."
"We are thrilled that SouthWood has been recognized among the best new urban
communities in the state," says Rod Wilson, president of Northwest Florida for
St. Joe's residential operations. "Families, young professionals, and retirees
are recognizing the benefits of living in a community that offers a wealth of
live, work, learn and play options."
The magazine's top five list of "New Urban Communities to Watch" is below:
1. SouthWood, Tallahassee
2. Town of Tioga, Gainesville
3. Baldwin Park, Orlando
4. Botanica, Jupiter
5. Aqua, Miami Beach
About SouthWood
SouthWood offers 3,200 acres of graceful rolling hills lined with moss- draped
oaks, which include a 123-acre Central Park and Lake and over 1,000 acres of
community-wide interconnected green space. With the components of a small-town
of the past, SouthWood is a mixed-use community where residents can live,
learn, work and play. Built around a traditional commercial center known as
Town Center, SouthWood will house specialty shops, restaurants, entertainment
facilities, professional offices and residences. Twelve miles of walking trails
and bike paths are planned throughout the community's green space. SouthWood
offers a championship Fred Couples/Gene Bates-designed semiprivate golf course,
a Community Center with pools, and an Education Village providing lifelong
learning opportunities. For more information, visit
http://www.joetowns.com/southwood.
About St. Joe
The St. Joe Company, a publicly held company based in Jacksonville, is one of
Florida's largest real estate operating companies. It is engaged in town,
resort, commercial and industrial development, land sales and commercial real
estate services. JOE also has significant interests in timber.
More information about JOE can be found at our web site at http://www.joe.com/.
Forward-Looking Statements
Statements in this press release that are not historical facts are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Forward looking statements involve risk and
uncertainty, and there can be no assurance that the results described in such
statements will be realized. Such statements are based on current expectations
and we undertake no obligation to publicly update or reissue any forward-
looking statements. Risk factors that may cause the actual results to differ
are described in various documents filed by the company with the U.S.
Securities and Exchange Commission, including the company's Annual Report on
Form 10-K for the year ended December 31, 2004.
"JOE," "St. Joe," "SouthWood," and the "SouthWood Leaf" and "Taking Flight"
designs are service marks of The St. Joe Company.
All uses not yet constructed are subject to governmental approval and change in
size, use, or location.
DATASOURCE: The St. Joe Company
CONTACT: St. Joe Media Contacts: Lori Elliott, +1-850-513-0131, or
April Nichols, +1-212-620-7100, or Nicole Townsend, +1-850-224-3175, all for
The St. Joe Company
Web site: http://www.joe.com/
http://www.joetowns.com/southwood
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