NewsChannel 7 has learned that OG Property Development has bought the old Panama City Toyota dealership buildings and the Sun Harbor Marina.
The price tag is reportedly in the neighborhood of $5 million.
In addition, the company is reported to be negotiating with individual owners of condominiums at Sun Harbor.
We have learned OG is planning to build an upscale community, including four 20-story condo buildings on the east side of the Hathaway Bridges.
No one from OG Development would comment when contacted by reporters.
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