Homes, apartments, active adult and assisted living are all in the planning stages for one of the largest urban infill projects in Florida.
Panama City, Fla. (August 26, 2019) – The SweetBay community in Panama City, Fla., is making significant strides as 785 units are now either finished or in process. The developer of SweetBay has completed 250 units in Phase 1 of the project and is working on 235 units for Phase 2. Town Center apartments with more than 300 units are also in the works.
One of the state’s largest urban infill projects, SweetBay is playing a key role in the area’s recovery from Hurricane Michael. The storm made landfall on the Florida Panhandle in October, causing significant damage. The SweetBay community is on the site of the old Panama City Airport.
“SweetBay has a lot of momentum going right now,” said Ashley Bloom, a member of the SVN team leading the effort to market SweetBay Town Center. “They’ve closed sales on 175 homes and another 52 are pending, which is an encouraging sign for the community at large. We’ve also seen parks and other amenities completed or advancing in the development process. All good news for SweetBay and the Town Center.”
More development is in the initial planning stages, including projects involving more than 1,200 units. These include both for sale and rental housing as well as active adult & assisted living facilities.
“Plans are also in the works for more user-friendly access to the SweetBay Town Center, including more walking options for the residents,” Bloom said. “This is in the conceptual stage, but there are some exciting developments on the horizon that will really solidify this as a community hub.”
SVN is working to bring medical, retail stores, restaurants and other businesses into the SweetBay Town Center as the community continues its expansion.
“With more residential units going up in the area, we’ll see increased demand for businesses in the Town Center, and we’re working to stay ahead of that demand,” Bloom said.
Ken Zeszutko, Z Corp. PR, 321-213-1818 / [email protected]