panama city airport: Panama City Airport Update 7/08 - 08/23/08 11:37 AM
I would be happy to update your knowledge of the Airport project.
The entire 1300+ acres of the airport development site have been cleared and grubbed. This means all trees, roots, and vegetation have been removed.
The main access road ahs been brought to its final elevation, compacted, sub-base installed, curbed, and is ready for paving in early July.
The building pads for the Terminal, Terminal apron, and main parking lot have been finalized.
The building pad and parking area for the rental car facility has been finalized.
The primary runway taxiway is in the process of being graded and … (0 comments)
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panama city airport: St. Joe and the Panhandle - 06/05/08 02:26 PM
REAL ESTATE AND FLORIDA HAVE been a toxic combination for the past three years. So it's no surprise that shares of St. Joe (ticker: JOE), a land developer based in Jacksonville, have taken a big hit. After peaking in the mid-80s nearly three years ago, they headed south as soon as the Sunshine State's realty market fell apart. At around 40 last week, the stock had lost more than half its value since mid-2005.
The bear case on the stock, which has had considerable short interest, is that the state's depressed real-estate market won't recover at least until 2010.
St. Joe … (0 comments)
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