Table of Contents
SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
| Date of report (Date of earliest event reported) | July 22, 2003 | |
| The St. Joe Company |
| (Exact Name of Registrant as Specified in Its Charter) |
| Florida |
| (State or Other Jurisdiction of Incorporation) |
| 1-10466 | 59-0432511 | |
| (Commission File Number) | (IRS Employer Identification No.) | |
| 245 Riverside Drive, Suite 500, Jacksonville, FL | 32202 | |||
| (Address of Principal Executive Offices) | (Zip Code) | |||
| (904) 301-4200 |
| (Registrant’s Telephone Number, Including Area Code) |
| N/A |
| (Former Name or Former Address, if Changed Since Last Report) |
| ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS | ||||||||
| ITEM 9. REGULATION FD DISCLOSURE | ||||||||
| SIGNATURES | ||||||||
| EX-99.1 Supplemental Information for June 30, 2003 | ||||||||
Table of Contents
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
| 99.1. | Supplemental Information for the period ended June 30, 2003. |
ITEM 9. REGULATION FD DISCLOSURE
The purpose of this Form 8-K is to furnish Supplemental Information for the period ended June 30, 2003. A copy is furnished with this Form 8-K as Exhibit 99.1 and is incorporated by reference. The information contained in this Form 8-K and attached Exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Act of 1933 nor shall it be deemed incorporated by reference in any filing under the Securities Exchange Act of 1934 except as specifically set forth by express reference in such filing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| THE ST. JOE COMPANY | ||||
| Dated: July 22, 2003 | By: | /s/ Michael N. Regan | ||
| Name: Michael N. Regan Title: Senior Vice President |
||||
Exhibit 99.1
Supplemental Information
For the Period Ending 6-30-03
Forward Looking Statement
This document contains “forward-looking statements” as defined by the
Private Securities
Litigation Reform Act of 1995. These statements can be identified by the fact
that they do not
relate strictly to historical or current facts. Forward-looking statements
often use words such
as “anticipate”, “expect”, “estimate”, “intend”, “plan”, “goal”, “believe” or
other words of
similar meaning. All forward-looking statements, by their nature, are subject
to risks and
uncertainties. The Company’s actual future results may differ materially from
those set forth in
the Company’s forward-looking statements. In particular, discussions regarding
(a) the size
and number of commercial buildings and residential units; (b) development
timetables,
development approvals and the ability to obtain approvals; (c) anticipated
price ranges of
developments; (d) the number of units that can be supported upon full
build-out; (e) absorption
rates; and (f) expected gain on land sales are forward-looking statements. For
further
information about forward-looking statements, the reader should consult the
disclosures
contained in the periodic reports filed by the Company with the Securities and
Exchange
Commission and in the Company’s other written materials.
2
Supplemental Information — St. Joe Commercial
For the Period Ending 6-30-03
3
St. Joe Commercial
Land Positions Held for Investment
June 30, 2003
($ in thousands)
| Net | Entitled | Original | |||||||||||||||
| Market | Acres | Sq. Ft. | Cost | ||||||||||||||
Southeast |
|||||||||||||||||
Glenlake |
Atlanta, GA | 9.8 | 700,000 | ||||||||||||||
Parkstone Plaza |
Chantilly, VA | 19.1 | 240,000 | ||||||||||||||
Oak Park at Westchase |
Houston, TX | 31.9 | 823,000 | ||||||||||||||
| 60.8 | 1,763,000 | ||||||||||||||||
Northeast Florida |
|||||||||||||||||
Golfway Center |
St. Augustine, FL | 13.9 | 167,500 | ||||||||||||||
Southbank (Currington) |
Jacksonville, FL | 0.3 | — | ||||||||||||||
| 14.2 | 167,500 | ||||||||||||||||
Central Florida |
|||||||||||||||||
Millenia Park |
Orlando, FL | 21.7 | 592,000 | ||||||||||||||
South Florida |
|||||||||||||||||
Beacon Square at Boca |
Boca Raton, FL | 14.0 | 264,000 | ||||||||||||||
Total |
110.7 | 2,786,500 | $ | 43,000 | |||||||||||||
4
St. Joe Commercial
Projects Under Development
June 30, 2003
| Construction | |||||||||||||||||||||||||
| Net Rentable | Completion | Stabilization | |||||||||||||||||||||||
| Market | Ownership % | Square Feet | Leased % | Date | Date | ||||||||||||||||||||
Northwest Florida |
|||||||||||||||||||||||||
Bechrich Office Two |
Panama City Beach, FL | 100 | % | 35,000 | 0 | % | 3Q/03 | 3Q/04 | |||||||||||||||||
SouthWood Village |
Tallahassee, FL | 0% | (a) | 62,800 | 73 | % | 3Q/03 | 1Q/04 | |||||||||||||||||
WaterColor Crossings |
Walton County, FL | 0% | (a) | 43,200 | 67 | % | 4Q/03 | 2Q/04 | |||||||||||||||||
Total |
141,000 | ||||||||||||||||||||||||
| (a) | Project presold; represents a third party project. |
5
St. Joe Commercial
Portfolio of Operating Properties
June 30, 2003
($ in thousands)
| Net | ||||||||||||||||||||||||
| # of | Rentable | Leased | ||||||||||||||||||||||
| Date Acquired/ | Market | Ownership % | Buildings | Sq. Ft. | Percentage | |||||||||||||||||||
| Investment Property Portfolio | Completed | |||||||||||||||||||||||
Prestige Place |
December-99 | Clearwater, FL | 100 | % | 2 | 143,000 | 83 | % | ||||||||||||||||
Harbourside |
December-99 | Clearwater, FL | 100 | % | 1 | 147,000 | 93 | % | ||||||||||||||||
Lakeview |
May-00 | Tampa, FL | 100 | % | 1 | 125,000 | 77 | % | ||||||||||||||||
Palm Court |
July-00 | Tampa, FL | 100 | % | 1 | 62,000 | 67 | % | ||||||||||||||||
Westside Corporate Center |
October-00 | Plantation, FL | 100 | % | 1 | 100,000 | 84 | % | ||||||||||||||||
280 Interstate North |
January-01 | Atlanta, GA | 100 | % | 1 | 126,000 | 67 | % | ||||||||||||||||
Southhall Center |
April-01 | Orlando, FL | 100 | % | 1 | 155,000 | 88 | % | ||||||||||||||||
1133 20th Street, NW |
September-01 | Washington, DC | 100 | % | 1 | 119,000 | 99 | % | ||||||||||||||||
1750 K Street |
December-01 | Washington, DC | 100 | % | 1 | 152,000 | 92 | % | ||||||||||||||||
Millenia Park One |
May-02 | Orlando, FL | 100 | % | 1 | 158,000 | 57 | % | ||||||||||||||||
Beckrich Office One |
October-02 | Panama City Beach, FL | 100 | % | 1 | 34,000 | 88 | % | ||||||||||||||||
5660 New Northside |
December-02 | Atlanta, GA | 100 | % | 1 | 275,000 | 89 | % | ||||||||||||||||
SouthWood Office One |
June-03 | Tallahassee, FL | 100 | % | 1 | 88,000 | 50 | % | ||||||||||||||||
| 14 | 1,684,000 | 81 | % | |||||||||||||||||||||
| Development Property Portfolio | ||||||||||||||||||||||||
TNT Logistics |
February-02 | Jacksonville, FL | 100 | % | 1 | 99,000 | 77 | % | ||||||||||||||||
245 Riverside |
Jacksonville, FL | 100 | % | 1 | 134,000 | 38 | % | |||||||||||||||||
Alliance Bank Building |
n/a | Orlando, FL | 50 | % | 1 | 71,000 | 56 | % | ||||||||||||||||
355 Alhambra |
June-01 | Coral Gables, FL | 45 | % | 1 | 224,000 | 65 | % | ||||||||||||||||
Deerfield Commons I |
April-00 | Atlanta, GA | 40 | % | 1 | 122,000 | 76 | % | ||||||||||||||||
Westchase Corporate Center |
August-99 | Houston, TX | 93 | % | 1 | 184,000 | 92 | % | ||||||||||||||||
| 6 | 834,000 | 69 | % | |||||||||||||||||||||
Total |
20 | 2,518,000 | 77 | % | ||||||||||||||||||||
6
St. Joe Commercial
Portfolio of Operating Properties -
Leasing Expirations
June 30, 2003
| Lease Expirations | ||||||||||||||||||||||||||||||||||||||||
| Net | ||||||||||||||||||||||||||||||||||||||||
| Rentable | Leased | 2008 and | ||||||||||||||||||||||||||||||||||||||
| Market | Ownership % | Sq. Ft. | Percentage | 2003 | 2004 | 2005 | 2006 | 2007 | Thereafter | |||||||||||||||||||||||||||||||
Investment Property Portfolio |
||||||||||||||||||||||||||||||||||||||||
Prestige Place |
Clearwater, FL | 100 | % | 143,000 | 83 | % | 22,000 | 33,000 | 11,000 | 17,000 | 4,000 | 32,000 | ||||||||||||||||||||||||||||
Harbourside |
Clearwater, FL | 100 | % | 147,000 | 93 | % | 3,000 | 38,000 | 16,000 | 8,000 | 23,000 | 49,000 | ||||||||||||||||||||||||||||
Lakeview |
Tampa, FL | 100 | % | 125,000 | 77 | % | 1,000 | 7,000 | 13,000 | 3,000 | 5,000 | 68,000 | ||||||||||||||||||||||||||||
Palm Court |
Tampa, FL | 100 | % | 62,000 | 67 | % | 4,000 | — | — | 23,000 | — | 13,000 | ||||||||||||||||||||||||||||
Westside Corporate Center |
Plantation, FL | 100 | % | 100,000 | 84 | % | 11,000 | 10,000 | 29,000 | 22,000 | 6,000 | 6,000 | ||||||||||||||||||||||||||||
280 Interstate North |
Atlanta, GA | 100 | % | 126,000 | 67 | % | — | 14,000 | 51,000 | 11,000 | — | 9,000 | ||||||||||||||||||||||||||||
Southhall Center |
Orlando, FL | 100 | % | 155,000 | 88 | % | 68,000 | 21,000 | 17,000 | 3,000 | 7,000 | 21,000 | ||||||||||||||||||||||||||||
1133 20th Street, NW |
Washington, DC | 100 | % | 119,000 | 99 | % | — | 5,000 | 8,000 | 89,000 | 15,000 | — | ||||||||||||||||||||||||||||
1750 K Street |
Washington, DC | 100 | % | 152,000 | 92 | % | 17,000 | — | — | 3,000 | 6,000 | 114,000 | ||||||||||||||||||||||||||||
Millenia Park One |
Orlando, FL | 100 | % | 158,000 | 57 | % | — | — | 35,000 | 10,000 | 16,000 | 30,000 | ||||||||||||||||||||||||||||
Beckrich Office One |
Panama City Beach, FL | 100 | % | 34,000 | 88 | % | — | — | — | — | 25,000 | 5,000 | ||||||||||||||||||||||||||||
5660 New Northside |
Atlanta, GA | 100 | % | 275,000 | 89 | % | 2,000 | 5,000 | 120,000 | 4,000 | 10,000 | 103,000 | ||||||||||||||||||||||||||||
SouthWood Office One |
Tallahassee, FL | 100 | % | 88,000 | 50 | % | — | — | — | — | — | 44,000 | ||||||||||||||||||||||||||||
| 1,684,000 | 81 | % | 128,000 | 133,000 | 300,000 | 193,000 | 117,000 | 494,000 | ||||||||||||||||||||||||||||||||
Development Property Portfolio |
||||||||||||||||||||||||||||||||||||||||
TNT Logistics |
Jacksonville, FL | 100 | % | 99,000 | 77 | % | — | — | — | — | — | 77,000 | ||||||||||||||||||||||||||||
245 Riverside |
Jacksonville, FL | 100 | % | 134,000 | 38 | % | — | — | — | — | — | 51,000 | ||||||||||||||||||||||||||||
Alliance Bank Building |
Orlando, FL | 50 | % | 71,000 | 56 | % | 19,000 | 3,000 | 8,000 | 9,000 | — | — | ||||||||||||||||||||||||||||
355 Alhambra |
Coral Gables, FL | 45 | % | 224,000 | 65 | % | — | — | — | 55,000 | 40,000 | 51,000 | ||||||||||||||||||||||||||||
Deerfield Commons I |
Atlanta, GA | 50 | % | 122,000 | 76 | % | — | — | 23,000 | 20,000 | — | 49,000 | ||||||||||||||||||||||||||||
Westchase Corporate Center |
Houston, TX | 93 | % | 184,000 | 92 | % | 1,000 | — | 85,000 | 37,000 | 38,000 | 9,000 | ||||||||||||||||||||||||||||
| 834,000 | 69 | % | 20,000 | 3,000 | 116,000 | 121,000 | 78,000 | 237,000 | ||||||||||||||||||||||||||||||||
Total |
2,518,000 | 77 | % | 148,000 | 136,000 | 416,000 | 314,000 | 195,000 | 731,000 | |||||||||||||||||||||||||||||||
| 8 | % | 7 | % | 21 | % | 16 | % | 10 | % | 38 | % | |||||||||||||||||||||||||||||
7
St. Joe Commercial
Portfolio of Operating Properties
June 30, 2003
($ in thousands)
| Net | ||||||||||||||||||||
| Number of | Rentable | Leased | ||||||||||||||||||
| Market | Properties | Ownership % | Sq. Ft. | Percentage | ||||||||||||||||
Investment Property Portfolio |
||||||||||||||||||||
Tampa: |
||||||||||||||||||||
Prestige Place I & II |
Clearwater, FL | 100 | % | 143,000 | 83 | % | ||||||||||||||
Harbourside |
Clearwater, FL | 100 | % | 147,000 | 93 | % | ||||||||||||||
Lakeview |
Tampa, FL | 100 | % | 125,000 | 77 | % | ||||||||||||||
Palm Court |
Tampa, FL | 100 | % | 62,000 | 67 | % | ||||||||||||||
Total Tampa |
5 | 477,000 | 83 | % | ||||||||||||||||
Orlando: |
||||||||||||||||||||
Southhall Center |
Orlando, FL | 100 | % | 155,000 | 88 | % | ||||||||||||||
Millenia Park One |
Orlando, FL | 100 | % | 158,000 | 57 | % | ||||||||||||||
Total Orlando |
2 | 313,000 | 72 | % | ||||||||||||||||
Florida — Other: |
||||||||||||||||||||
Westside Corporate Center |
Plantation, FL | 100 | % | 100,000 | 84 | % | ||||||||||||||
SouthWood Office One |
Tallahassee, FL | 100 | % | 88,000 | 50 | % | ||||||||||||||
Beckrich Office One |
Panama City Beach, FL | 100 | % | 34,000 | 88 | % | ||||||||||||||
Total Florida — Other |
3 | 222,000 | 71 | % | ||||||||||||||||
TOTAL Florida |
10 | 1,012,000 | 77 | % | ||||||||||||||||
Atlanta: |
||||||||||||||||||||
280 Interstate North |
Atlanta, GA | 100 | % | 126,000 | 67 | % | ||||||||||||||
5660 New Northside |
Atlanta, GA | 100 | % | 275,000 | 89 | % | ||||||||||||||
Total Atlanta |
2 | 401,000 | 82 | % | ||||||||||||||||
Washington, DC: |
||||||||||||||||||||
1133 20th Street, NW |
Washington, DC | 100 | % | 119,000 | 99 | % | ||||||||||||||
1750 K Street |
Washington, DC | 100 | % | 152,000 | 92 | % | ||||||||||||||
Total Washington, DC |
2 | 271,000 | 95 | % | ||||||||||||||||
GRAND TOTAL INVESTMENT PROPERTIES |
14 | 1,684,000 | 81 | % | ||||||||||||||||
8
Supplemental Information — Residential
For the Period Ending 6-30-03
9
| Walton County | Bay County | |||||||||||||||||||||||||||||
| St. Joe/Arvida Description of Communities |
WaterColor | WaterSound Beach |
WaterSound | East Lake Powell |
Camp Creek Golf Club |
Hammocks | Palmetto Trace |
|||||||||||||||||||||||
| As of June 30, 2003 | ||||||||||||||||||||||||||||||
Year Sales Begin |
2000 | 2001 | 2004 | 2005 | 2008 | 2000 | 2001 | |||||||||||||||||||||||
Year of Completion |
2007 | 2006 | 2011 | 2008 | 2008 | 2007 | 2009 | |||||||||||||||||||||||
Acres In Community |
499 | 256 | 1,443 | 181 | 1,028 | 143 | 138 | |||||||||||||||||||||||
Total Planned Units |
Estimated | Entitled | ||||||||||||||||||||||||||||
Arvida Built |
327 | 200 | 409 | for up to | 354 | 523 | ||||||||||||||||||||||||
Retail Lots/Outside Builder |
813 | 299 | 611 | 350 units |
TBD | 109 | 0 | |||||||||||||||||||||||
Total |
1,140 | 499 | 1,020 | 463 | 523 | |||||||||||||||||||||||||
Sales, As Of June 30, 2003 |
||||||||||||||||||||||||||||||
Arvida Built |
137 | 79 | 0 | 0 | 0 | 126 | 130 | |||||||||||||||||||||||
Retail Lots/Outside Builder |
348 | 171 | 0 | 0 | 0 | 66 | 0 | |||||||||||||||||||||||
Total |
485 | 250 | 0 | 0 | 0 | 192 | 130 | |||||||||||||||||||||||
Remaining To Be Sold |
||||||||||||||||||||||||||||||
Arvida Built |
190 | 121 | 228 | 393 | ||||||||||||||||||||||||||
Retail Lots/Outside Builder |
465 | 128 | TBD | TBD | TBD | 43 | 0 | |||||||||||||||||||||||
Total |
655 | 249 | 271 | 393 | ||||||||||||||||||||||||||
Contracts On Hand (unclosed) |
||||||||||||||||||||||||||||||
Arvida Built |
20 | 79 | 0 | 0 | 0 | 30 | 54 | |||||||||||||||||||||||
Retail Lots/Outside Builder |
17 | 34 | 0 | 0 | 0 | 1 | 0 | |||||||||||||||||||||||
Total |
37 | 113 | 0 | 0 | 0 | 31 | 54 | |||||||||||||||||||||||
Arvida-Built House Pricing (In Thousands) |
$ | 400-$1,000+ | $ | 500-$1,000+ | $ | 325-$520+ | $ | 175-$400+ | $ | 100-$180+ | $ | 105-$200+ | ||||||||||||||||||
| TBD | ||||||||||||||||||||||||||||||
Lot Pricing (In Thousands) |
$ | 150-$1,000+ | $ | 200-$1000+ | $ | 85-$265+ | $ | 100-$200+ | $ | 30-$35 | ||||||||||||||||||||
Amenities |
Resort | Resort | Golf | Lake Amenity | 36 Holes of Golf | Tot lots | Pool | |||||||||||||||||||||||
| Beach Club | Beach Club | Tennis facility | Clubhouse | Clubhouse | Bike Paths | |||||||||||||||||||||||||
| Boat House | Tennis Facility | Aquatic facilities | Beach access | |||||||||||||||||||||||||||
| Tennis Facility | Pedestrian Trails | Parks | ||||||||||||||||||||||||||||
| Parks | Parks | Beach access | ||||||||||||||||||||||||||||
| Pedestrian Trails | Pedestrian Trails | |||||||||||||||||||||||||||||
10
| Gulf County | Capital Region | |||||||||||||||||||||
| St. Joe/Arvida | ||||||||||||||||||||||
| Description of Communities | WindMark Beach, PH1 | Mexico Beach | WindMark Beach, PH2 | SouthWood | SummerCamp | |||||||||||||||||
| As of June 30, 2003 | ||||||||||||||||||||||
Year Sales Begin |
2001 | TBD | 2005 | 2000 | 2004 | |||||||||||||||||
| After | ||||||||||||||||||||||
Year of Completion |
2003 | TBD | 2015 | 2017 | 2012 | |||||||||||||||||
| Phase I | ||||||||||||||||||||||
Acres In Community |
80 | 160 | 2,000 | 3,770 | 782 | |||||||||||||||||
| 4,770 | ||||||||||||||||||||||
Total Planned Units |
Estimated | Residential | Estimated | |||||||||||||||||||
Arvida Built |
1 | 372 | Units | 253 | ||||||||||||||||||
Retail Lots/Outside Builder |
109 | TBD | 1,178 | Per DRI | 246 | |||||||||||||||||
Total |
110 | 1,550 | 499 | |||||||||||||||||||
Sales, As Of June 30, 2003 |
||||||||||||||||||||||
Arvida Built |
0 | 0 | 0 | 327 | 0 | |||||||||||||||||
Retail Lots/Outside Builder |
98 | 0 | 0 | 169 | 0 | |||||||||||||||||
Total |
98 | 0 | 0 | 496 | 0 | |||||||||||||||||
Remaining To Be Sold |
||||||||||||||||||||||
Arvida Built |
1 | 253 | ||||||||||||||||||||
Retail Lots/Outside Builder |
11 | TBD | TBD | TBD | 246 | |||||||||||||||||
Total |
12 | 499 | ||||||||||||||||||||
Contracts On Hand (unclosed) |
||||||||||||||||||||||
Arvida Built |
0 | 0 | 0 | 125 | 0 | |||||||||||||||||
Retail Lots/Outside Builder |
5 | 0 | 0 | 11 | 0 | |||||||||||||||||
Total |
5 | 0 | 0 | 136 | 0 | |||||||||||||||||
Arvida-Built House Pricing (In Thousands) |
$ | 950 | TBD | $ | 315-$550+ | $ | 115-$400+ | $ | 310-$735+ | |||||||||||||
Lot Pricing (In Thousands) |
$ | 90-$900+ | TBD | $ | 120-$700+ | $ | 40-$150+ | $ | 100-$600+ | |||||||||||||
Amenities |
Beach club | TBD | 18 holes of golf | 18 holes of golf | Beach club | |||||||||||||||||
| Community dock | Pedestrian trails | Pedestrian trails | Pedestrian trails | |||||||||||||||||||
| Beach club | Aquatic facility | |||||||||||||||||||||
| Community dock | Tennis facility | |||||||||||||||||||||
| Tennis facility | Clubhouse (AA) | |||||||||||||||||||||
| Beach access | ||||||||||||||||||||||
11
| Jacksonville | Central Florida | MidAtlantic Operations |
|||||||||||||||||||||||||||||
| St. Joe/Arvida | |||||||||||||||||||||||||||||||
| Description of Communities As of |
James Island | St.
John’s G. & C.C. |
RiverTown | Hampton Park |
Victoria Park |
Celebration | Including Saussy Burbank |
||||||||||||||||||||||||
| June 30, 2003 | |||||||||||||||||||||||||||||||
Year Sales Begin |
1999 | 2001 | 2000 | 2001 | 2001 | 2003 | 1999 | ||||||||||||||||||||||||
| After | |||||||||||||||||||||||||||||||
Year of Completion |
2003 | 2006 | 2015 | 2005 | 2012 | 2007 | Ongoing | ||||||||||||||||||||||||
Acres In Community |
194 | 820 | 4,200 | 150 | 1,859 | 160 | N/A | ||||||||||||||||||||||||
Total Planned Units |
DRI | ||||||||||||||||||||||||||||||
Arvida Built |
365 | 564 | submitted | 158 | Over | 572 | |||||||||||||||||||||||||
Retail Lots/Outside Builder |
0 | 235 | for 4,500 | 0 | 4,000 | 44 | N/A | ||||||||||||||||||||||||
Total |
365 | 799 | units | 158 | Per DRI | 616 | |||||||||||||||||||||||||
Sales, As Of June 30, 2003 |
|||||||||||||||||||||||||||||||
Arvida Built |
349 | 308 | 0 | 92 | 228 | 0 | 277 | ||||||||||||||||||||||||
Retail Lots/Outside Builder |
0 | 134 | 23 | 0 | 41 | 0 | 19 | ||||||||||||||||||||||||
Total |
349 | 442 | 23 | 92 | 269 | 0 | 296 | ||||||||||||||||||||||||
Remaining To Be Sold |
|||||||||||||||||||||||||||||||
Arvida Built |
16 | 256 | 66 | 572 | |||||||||||||||||||||||||||
Retail Lots/Outside Builder |
0 | 101 | TBD | 0 | TBD | 44 | N/A | ||||||||||||||||||||||||
Total |
16 | 357 | 66 | 616 | |||||||||||||||||||||||||||
Contracts On Hand (unclosed) |
|||||||||||||||||||||||||||||||
Arvida Built |
22 | 84 | 0 | 39 | 89 | 0 | 157 | ||||||||||||||||||||||||
Retail Lots/Outside Builder |
0 | 23 | 0 | 0 | 3 | 0 | 0 | ||||||||||||||||||||||||
Total |
22 | 107 | 0 | 39 | 92 | 0 | 157 | ||||||||||||||||||||||||
Arvida-Built House Pricing (In Thousands) |
$ | 220-$400+ | $ | 210-$400+ | $ | 125-$325+ | $ | 235-$400+ | $ | 140-$250+ | $ | 225-$370+ | $ | 110-$380 | |||||||||||||||||
Lot Pricing (In Thousands) |
$ | 30-$90+ | $ | 55-$400+ | $ | 45-$80+ | $ | 80-125+ | |||||||||||||||||||||||
Amenities |
Tennis facility | 18 holes of golf | 18 holes of golf | Pool | 18 holes of golf | Clubhouse | Varies By | ||||||||||||||||||||||||
| Pool | Clubhouse | Village Center | Tot lot | Golf Clubhouse | Swimming Pool | Community | |||||||||||||||||||||||||
| Sports fields | Aquatic facility | Pedestrian Trails | Clubhouse (AA) | Pedestrian trails | |||||||||||||||||||||||||||
| Tot lot | Sports fields | Swim & | Aquatic facility | ||||||||||||||||||||||||||||
| Tot lots | Tennis Facility | Sports fields | |||||||||||||||||||||||||||||
| Riverfront Park | Village Center | ||||||||||||||||||||||||||||||
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