Florida's largest private landowner has many developments planned for an environmentally sensitive area.
"In the heart of Floridas Panhandle, currently untouched acres of forests, wetlands, swamps, coastline and beachfront could become casualties of development. The St. Joe Company, a former paper company and Floridas largest private landowner, is undertaking an unprecedented development project that will forever change an area that experts say is one of the most environmentally sensitive in the nation. Although the St. Joe Company has promoted its plans as environmentally friendly and capable of attracting affluent settlers with money to invest in the local economy, not all residents are convinced this will be a good thing for the region."The company is seeking massive public subsidies, including new expressways and relocating the Panama City airport.
Thanks to Nathaniel Vogt
FULL STORY: Transcript: The Last Frontier
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