The St. Joe Company and Key International to Form Joint Venture for Development of New Resort Hotel in Panama City Beach, Florida

St. Joe | May 10, 2018

PANAMA CITY BEACH, Fla.--The St. Joe Company (NYSE: JOE) ("St. Joe") and Key International, Inc. ("Key International") today announced their intent to pursue the formation of a joint venture to develop a new resort hotel in Panama City Beach, Florida. "Key International welcomes the opportunity to work with a well-established and reputable partner like St. Joe, with the goal of expanding full service hotels in the Panama City Beach market," stated Inigo and Diego Ardid, Co-Presidents of Key International. Since the 1970's, Key International has been investing in and developing high end properties in Spain and the United States. Key Inte...