Sweet Bay is an urban infill project that is located on the site of the old Panama City Regional Airport in

Panama City, Florida. The Master Plan for the 700 acre site, made up of 32 parcels, features five miles of

waterfront park, marina, village town center, University Academy a K-8 public charter school, and a variety

of single-family and multi-family homes. The old runways become a system of waterways and greenways

that link the village center and neighborhoods with the waterfront.

An extensive system of nature trails further enhances the connectivity, linking homes with shops and

restaurants, school, and recreational opportunities. The upland component is the only large piece of

property available for development on St. Andrew Bay. It has over four miles of frontage on North Bay and

lies within Panama City

The developer has rights for 3,200 residential units, 700,000 SF of commercial space, and has

successfully sold over 150 homes in their initial phase. The developer is also considering a build for rent

program as well as a traditional multi-family for rent project. The most appealing aspect of Sweet Bay is

its focus on the waterfront and water related activities. For this reason the developer has spent almost 2

years pursuing entitlements for 117 wet slip marina and a 240 boat capacity dry storage facility on the

uplands. This site is truly “shovel ready” with FDEP and USACE permits in hand. Permits are valid thru June

2022.

As a result of the residential development, the demand for a myriad of commercial uses naturally should

follow. Therefore, the Sweetbay Town Center will be well positioned to attract such end users.