DELAND, FL...Victoria Park, a St. Joe Company master-planned community in DeLand, recently closed on the sale of its 1,000th home.

"This represents a significant milestone for our community," said Jeff Gersh, vice president and project manager of Victoria Park. "The selling of the 1,000th home reinforces our belief that we are providing a product and lifestyle that exceeds the needs and desires of Central Floridians."

Sales for Victoria Park began in November 2000. To date, more than 860 homes built by The St. Joe Company and 140 homes built by other builders have been sold. The community is currently entitled to develop 3,600 single-family and 600 multi-family units.

Victoria Park is spread among 1,859 acres (more than 600 acres of parkland and green space) and features four neighborhood quadrants. Victoria Commons, the social center of Victoria Park, features a 10-acre park surrounding Lake Victoria. Victoria Gardens is a gated community for active adults, with a clubhouse at its core that features a café, ballroom, demonstration kitchen, arts and crafts room, fitness center, business center, computer lab, resort-style pool and spa and tennis courts. Victoria Hills features the award-winning Victoria Hills Golf Club, which was recognized by Golfweek as "Florida's No. 9 Public Course." Victoria Trails, the community's fourth neighborhood quadrant, is currently under construction and will showcase a variety of home styles and abundant green space.

About Victoria Park

Victoria Park features housing options for families of all sizes with new homes priced from the mid -$200,000s to more than $1 million. In addition to the award-winning Victoria Hills Golf Club, the community boasts other impressive amenities including: a 10-acre lake with surrounding 10-acre park; fitness center; swimming pool; lighted tennis courts; walking trails; bike lanes; playground; picnic facilities and community garden. An amphitheater serves as the focal point for community events facilitated by on-site Art of Living staff. Proximity to vibrant metro areas like Orlando and Daytona Beach and a number of cultural centers make Victoria Park an attractive option for those interested in city life conveniences and the personal familiarity of a smaller community. Several educational opportunities are available to residents including Stetson University, Florida's first private university, and a number of excellent public schools. Freedom Elementary School, an A-rated DeLand public school, is located adjacent to the community. DeLand Middle and High Schools are just minutes away. For more information, visit www.JOE.com | Keyword: Victoria Park

About St. Joe

The St. Joe Company (NYSE: JOE), a publicly held company based in Jacksonville, is one of Florida's largest real estate development companies. We are primarily engaged in real estate development and sales, with significant interests in timber. Our mission is to create places that inspire people and make JOE's Florida an even better place to live, work and play. We're no ordinary JOE. More information about JOE can be found at our web site at www.JOE.com.

Copyright 2007, The St. Joe Company. "St. Joe," "JOE," "Victoria Park," and the "Victoria Park" and "Taking Flight" design are service marks of The St. Joe Company.

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