I just wanted to give everyone a quick update of what is going on in Panama City. They are making huge strides in changing the city and are well on their way. I think that within a 5 year period this place will be completely different.

Here is an article about Pier Park developed by the Simon Group, one of the nation's best developers. Pier Park is a 1.1 million square foot retail center across the street from the beach. http://www.simon.com/about_simon/leasing/LocalMall.aspx?id=1204&tab=redevelopment

This is an article about the new Panama City International Airport which is under construction. This will be the first airport built since 9/11. http://www.pcbeach.org/airport.shtml

St. Joe has also just reached an agreement with Glimcher and will jointly develope another 58 acres adjacent to Pier Park. This will be geared towards large national retail stores.

www.JoshMcleanHomes.com