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St. Joe and Sacred Heart Announce Plans for a New Healthcare Facility at the Watersound Origins Community

WATERSOUND, Fla.–(BUSINESS WIRE)–The Watersound Origins community will soon welcome a new partner offering healthcare services. Commercial Real Estate Development, LLC, a subsidiary of The St. Joe Company (“St. Joe”) and Sacred Heart Health System (“Sacred Heart”), a leading provider of high quality healthcare to children and adults in Northwest Florida, have entered into a lease for construction of a new healthcare facility at the entrance of the Watersound Origins community.

“This new facility is only the beginning of a much larger plan to meet the expected commercial needs of the residents in the Watersound community.”

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The new healthcare facility, conveniently located along Highway 98, initially plans to open as a 6,700 square foot multi-specialty ambulatory clinic offering primary care and OB/GYN services. Plans for the healthcare facility would allow for future expansion to 13,000 square feet of space offering additional specialty care services.

Design collaboration is currently underway between the parties with the expectation that construction of the facility will begin this Fall, with an estimated completion date in 2019.

“This new facility supports our mission to offer residents of our community convenient access to expert healthcare covering a wide range of needs,” said Roger Hall, President of Sacred Heart Hospital on the Emerald Coast. “Offering quality services at a convenient location is a priority for Sacred Heart.”

“We are pleased to continue our relationship with Sacred Heart to provide quality and accessible healthcare services to Watersound Origins homeowners and the residents of South Walton County,” said Jorge Gonzalez, President & Chief Executive Officer of St. Joe. “This new facility is only the beginning of a much larger plan to meet the expected commercial needs of the residents in the Watersound community.”

Future commercial activity planned at the Watersound Origins community includes retail, restaurant, and office space. For more information regarding the Watersound Origins commercial opportunities and other St. Joe commercial opportunities, contact Jordan Rosenau, St. Joe Sales & Leasing Manager, at 850.231.6430.