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Article: The St. Joe Company and Beazer Homes, USA, Inc. Announce New Long-Term Relationship.
- Article from:
- Business Wire
- Article date:
- August 1, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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JACKSONVILLE, Fla. -- The St. Joe Company (NYSE:JOE) and Beazer Homes USA, Inc. (NYSE:BZH) announced today the two companies have entered into a long-term relationship under which JOE would entitle, develop and sell home sites in a number of its Florida towns to Beazer Homes, who would build and market the single and multi-family homes.
Initially, under the terms of several purchase agreements, JOE will sell Beazer Homes 681 residential single-family, townhouse and multifamily sites, including 82 townhouse sites in SouthWood in Tallahassee, 179 single-family sites at Victoria Park in DeLand and approximately 420 single-family, townhouse and multifamily sites in ...