PANAMA CITY BEACH, Fla. (WJHG/WECP) - More housing is in the works near Pier Park.
On Thursday, the St. Joe Company and HomeCorp announced the construction of an additional 120 apartment homes at Pier Park Crossings.
Construction is already underway and once this project is complete, there will be 360 units total.
The St. Joe Company says the first phase of the apartment homes began in June 2018 and currently, there are 192 units complete and they are almost 100 percent leased. The rest of the initial 240 units should be complete this month.
“Demand for high quality apartment homes at Pier Park Crossings has been extremely strong since we announced the first phase of the project,” said Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe. “We decided to commence construction on a second phase while the initial 240 units are being finished in order to keep up with the demand.”
Pier Park Crossings offers one, two and three bedroom units featuring nine-foot ceilings, screened balconies, a washer/dryer and granite counter tops. Community amenities include a zero-entry saltwater swimming pool, 24-hour health and fitness center, a theater room and children’s playground.
Pier Park Crossings is located on North Pier Park Drive adjacent to Frank Brown Park. The second group of apartment homes should be available for lease in late 2020.
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