Panama City Beach, Florida is Poised for Explosive Growth
Panama City Beach, a beautiful destination in the Florida Panhandle, is poised for explosive growth.
Panama City Beach had always been thought of as a sleepy little beach town for southern families within easy driving distance until 2006. All of that changed when many of the small “mom and pop” hotels were replaced with more than 25 luxury high-rise beachfront resorts, a brand new airport servicing both Southwest and Delta was built, a shopping, entertainment and dining complex called Pier Park was completed, and tourism almost doubled.
The area continues this incredible growth and commitments are made for new developments. Here’s why.
- The largest land owner in the area is a NYSE company, that also has its corporate headquarters in Panama City Beach, and is a leading developer in the area. Area growth plans are focused on simultaneously growing new residential communities and permanent employment.
- Large amounts of undeveloped land are still available.
- PCB has twenty seven miles of pristine, soft white sand beaches & clear gulf waters.
- Only a 20 minute drive to Scenic Highway 30A’s restaurants & multi-million dollar homes. An area favored by celebrities and sometimes called the Hamptons of the South.
- The area is located on the intracoastal waterway, has a deep water Inlet to the Gulf of Mexico and protected inland waters for recreation.
- Port Panama City is a deep water port serving sea going cargo ships with goods moving in and out of the area.
- Nearby Northwest Florida Beaches International Airport ( ECP ) is one of the nation’s newest airports. served by Southwest, Delta, American & United with a growing number of non stop flights, which also services a growing number of private and corporate aircraft.
- Panama City Beach is hours of drive time closer to nearby states than other communities in central and south Florida.
- The area is served by Florida State University and Gulf Coast State College.
- Panama City Beach has nearby access to large amounts of fresh water, a growing problem in central and south Florida, with some areas facing shortages.