St. Joe Company (the) · NYSE:JOE
St. Joe Company (the) — The St. Joe Company — Investor Presentation (2019)
12 slides from St. Joe Company (the)'s investor presentation, 2019
Slide 1: WaterColor Inn & Resort
P a seg sngrases f WaterColor Inn & Resort
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS If we refer to “we,” “us,” “our,” “St. Joe” or “the Company,” we mean The St. Joe Company and its consolidated subsidiaries. Certain statements 2 contained in this presentation (other than statements of historical fact) are forward-looking statements. Words such as “believ
Slide 3: Value Creation: Foundation 2015 - 2018
3 Value Creation Foundation 2015 - 2018 Right – Size JOE Enterprise Act Like Responsible Owners Focus on Home Team Advantages Create Growth Plan © 2019, The St. Joe Company
Slide 4: Value Creation: Growth Plan 2019 - 2021
4 Value Creation Growth Plan 2019 - 2021 Build Recurring Income Collaborate to Accelerate Make Every Square Foot Count Grow Residential, Commercial, Hospitality © 2019, The St. Joe Company
Slide 5: Walton County Spotlight
5 Walton County Spotlight 5TH FASTEST GROWING $2.2 BILLION COUNTY IN THE COUNTRY 4.5% 2017 - 2018 in single-family home sales 2018 4TH FASTEST GROWING COUNTY IN FLORIDA JOE is a major private land owner 29.7% in Walton County with 2010 - 2018 13,500+ ACRES © 2019, The St. Joe Company Sources: US Cen
Slide 6: Bay County Spotlight
6 Bay County Spotlight 15 MILLION $2 BILLION in real estate transactions VISITOR ROOM NIGHTS (increase of 13.53% from 2017) 2018 2018 AIRPORT 1 MILLION Annual Passengers 238% growth JOE is a major private land owner in Bay County with 120,900+ ACRES 2009 - 2018 Sources: Metro Market Trends, Northwes
Slide 7: Broad Natural Demand
7 Broad Natural Demand RESIDENTIAL COMMERCIAL APARTMENT HOMESITES LEASING UNITS AS OF MARCH 31, 2019 JOE AS OF MARCH 31, 2019 JOE PIER PARK CROSSINGS 240 HAS HAS UNITS (Under Construction) 773 811,096 First 48 units completed on May 10 are: Square feet of net rentable commercial space (93% FULLY Res
Slide 8: Defined Projects 2018 – 2019
8 Defined Projects 2018 – 2019 All Segments Residential Hospitality Commercial Pier Park Crossings Apartments Watersound Origins Embassy Suites Hotel JV Watersound Origins Crossings Apartments JV JV SouthWood Camp Creek Inn WaterCrest Assisted Living JV at Topsail TownePlace Suites Hotel JV
Slide 9: Latitude Margaritaville Watersound Progress Report
99 Latitude Margaritaville Watersound Progress Report Bay-Walton Sector Plan Entitlements for 145,000+ Units in Bay County (Approved) Off-Site Sanitary Sewer Main Along County Road 388 (Completed) Detailed Specific Area Plan (DSAP) for Latitude (Approved by Bay County in February of 2019 ) W
Slide 10: Planned Gross Capital Allocation 2019 – 2021
10 Planned Gross Capital Allocation 2019 – 2021 Residential $300 Leasing $470 Hospitality $130 Total $900 (in millions) NOTE: The time frame for these expenditures and investments will vary based upon the type of project. The above amounts represent the © 2019, The St. Joe Company projected three ye
Slide 11: Unit Milestones 2021
11 Unit Milestones 2021 HOMESITES 1,000 PER YEAR APARTMENT AND ASSISTED LIVING UNITS 1,300 HOTEL ROOMS 900 COMMERCIAL SQUARE FEET 1.5MM CLUB MEMBERSHIPS 1,400 Under development, under construction or completed. Managed, owned or partially owed with a JV Partner. © 2019, The St. Joe Company NOTE: Sub
Slide 12: Multi – Generational Value Creation
12 12 Key Takeaway Expect Measurable WaterSound Beach Club Multi – Watersound Origins Event Generational Value Creation GKN at VentureCrossings WaterColor Inn © 2019, The St. Joe Company