New York Times Article PCB Airport/Beaches

[Kurt]

Realistically, the airport still has lawsuits and other hurdles to clear. Then good old government construction timetable. So, maybe, maybe, Jan 2010 there will be an airport. If you plan on selling ahead of the need on speculation (will there really be that much of that in this market by then?) then you might sell it around 2010. If you will sell to people who are coming because of the airport, it might be 1-3 years later. I would take my chances on the lifeboat!

I won't make any time predictions because it is a massive project, but I've noticed around here that when St. Joe is involved in getting something built related to infrastructure it happens as quickly as if they were doing it themselves.

Also, there may not be many quick bucks to be made here now but I do believe those who buy smartly over the next few years will do very well on their investments by the time the airport is complete if not before. And I don't base that belief just on the airport being built.

 

[Smiling JOe]

Realistically, the airport still has lawsuits and other hurdles to clear. Then good old government construction timetable. So, maybe, maybe, Jan 2010 there will be an airport.

You seem to know more about this airport than I do. What lawsuits have yet to be cleared? You mention other hurdles need to also be cleared. Perhaps you could share those, too. I know of one final permit to be issued by the DEP, but that is the only one, and the DEP has given pre-approval of that permit, from what I've read.

 

[Babyblue]

The airport is coming. Trying to fly from Destin to PDK is a pain and expensive.