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JOE/TDC/BDS Wildwood Road Mixed-Use Community Florida - Project Profile

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Synopsis


"JOE/TDC/BDS Wildwood Road Mixed-Use Community Florida - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "JOE/TDC/BDS Wildwood Road Mixed-Use Community Florida - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


St. Joe Company (JOE), Bay County Tourist Development Council (TDC) and Bay District Schools (BDS) are planning to build a mixed-use community in Panama City Beach, Florida, the US.

The project involves the construction of a mixed-use community on 506ha of land. It includes the construction of 1,760 single-family homes, 440 multi-family residential units, up to 750 hotel rooms, 697m2 of office space, 14,864m2 of commercial space, a fire station, a 600-student elementary school, a 300-student middle school, parking and related facilities.

The project also includes the construction of a sports park on 61ha of land. It will be developed in three phases.

The first phase includes the construction of eight to 10 fields and the second and third phase includes the construction of seven fields.

The Sports Force has been appointed as the design consultant for the sports park.

In February 2016, TDC approved the master plan for a sports park, as well as spending US$1.25 million to handle permitting and construction drawings for the project.

On October 18, 2016, the Bay County Commission approved a major land-use change for the project.

In March 2017, two companies namely Sports Force Parks and Sports Facilities Management submitted bids to manage the sports park.

Sports Facilities Advisory and Sports Facilities Management was awarded a contract to manage the sports park.

In June 2017, four companies including Phoenix Construction Services Inc. (PCS), Roberts and Roberts Inc JV, CWRC Astra JV and Burke Construction Group were submitted bids to develop the sports park. The scope of work includes construction of lacrosse, soccer, softball, baseball, playgrounds, trails for biking or walking and a ropes course.

On June 20, 2017, The Bay County Commission voted to negotiate with PCS. which submitted the lowest bid of US$51.5 million to develop the sports park. However, The Sports Force, the design consultant for the park had estimated a price tag of US$30 million to U$35 million.

As of October 2017, TDC is in the process of negotiating with PCS to lower the bid price to US$30 million.

Triumph Gulf Coast (TGC) will invest US$20 million and The Panama City Beach Convention and Visitors Bureau, Inc. (CVB) will invest US$28 million for the sports park. The remaining US$18 million will be a public-private investment.

In February 2018, TDC approved to pay US$37 million to PCS and appointed PCS as the contractor.

TDC is in the process of commencing construction of the sports park subject to approval of loan from the Bay County Commission.

Scope


The project involves the construction of a mixed-use community on 506ha of land in Panama City Beach, Florida, the US.

The US$1,200 million project includes the following:

1. Construction of 1,760 single-family homes

2. Construction of 440 multi-family residential units

3. Construction of up to 750 hotel rooms

4. Construction of 697m2 of office space

5. Construction of 14,864m2 of commercial space

6. Construction of a fire station

7. Construction of a sports park on 61ha of land

8. Construction of a 600-student elementary school

9. Construction of a 300-student middle school

10. Construction of parking facilities

11. Construction of related facilities

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Table of Contents


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix


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Reports Details

Published Date : Mar 2018
No. of Pages :8
Country :United States of America
Category :Construction
Publisher :Timetric
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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