Walton deal signals sweeping Emerald Coast joint venture
DGI group led by Peek outlines plans after ECJV bought land from St. Joe Paper Co for about 242 million in June. A dinner at Sandestin Beach Resort with Sen. Lawton Chiles and Gov. Bob Graham previewed a master plan including high rise condos, theme parks, offices, and ports. Feasibility hinges on government approvals and a potential 8000 foot runway airport to spur rapid growth.
MENTIONED IN THIS ARTICLE
Emerald Coast
ECJV
St. Joe Paper Co
Peek
DGI
Lawton Chiles
Bob Graham
Sandestin Beach
Florida
South
Walton
Graham
Choctawhatchee Bay
U.S. 98
U.S. 331
Area leader touts unique undeveloped site value
Peek praises a vast, untouched stretch as the most singularly beautiful spot in the world and says the area offers rare undeveloped property larger than Disney's Orlando holdings. He envisions major benefits for the company and the community through future development.
MENTIONED IN THIS ARTICLE
Peek
Walt
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