New retail complex coming to Panama City
PANAMA CITY, Fla. (WJHG/WECP) - The Bay Economic Development Alliance is looking to bring more shopping and job opportunities to Panama City. Officials spoke about plans for a new retail complex at Tuesday’s commission meeting.
The development known as Project Juniper will be near Highway 231 and Highway 390. The exact location is still confidential.
Bay EDA officials forecast the project to create more than 200 jobs in the next three to five years, paying above the average salary in the county. Officials said Project Juniper will also bring the city more than $550,000 in tax money.
Although Bay EDA officials can’t talk about how many or what exact storefronts the complex will have just yet, city leaders said that if the project goes as planned it will bring in more visitors and possibly future residents to the area.
“Because it’s something that’s an attraction and it’s something that we don’t have in this particular area. That once we do have it, it will be very convenient and be very profitable and a good thing for the city,” Mayor Greg Brudnicki said.
The Bay EDA plans to build a connecting road from Highway 231 to Highway 390, making it easier for customers to come and go.
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