Saturday, May 11, 2013

Plans for old airport unveiled

PANAMA CITY, Fla. -- The St. Andrew Bay Land Co. unveiled plans for a large development on the old airport property. The Panama City Planning Board and Commission likely will vote on Phase I of the project this month. Construction is slated to begin in June. The 704-acre development called SweetBay will include 3,200 homes, 700,000 square feet of commercial space and the University Academy, parks, ponds and green space. The land became available when the airport moved to West Bay. The Airport Authority sold the property to St. Andrew Bay Land Co. for $51.4 million in February 2011. (Source: Panama City News Herald, 05/09/13)