Southeast Real Estate Business News, a trade publication for the real estate industry, featured the construction of the new Panama City – Bay County International Airport as its July 2009 cover story.
According to the story:
The facility is the first piece in the West Bay Sector Plan, a mixed-use project destined for Panama City, Florida, and surrounding areas. The aggressive but environmentally responsible development strategy calls for residential, commercial and industrial space spread across 75,000 acres.
One large advantage of the plan is that it’s easy to build to each tenant’s specifications. With so much greenfield land available for developing, officials at large companies can easily come in, commit to a space and mold it to their requirements. “Most of the time, your options are limited because you have a small piece of land and everything around it is already developed,” Slappey says. “The advantage is that if you have a big user that comes in and wants this, that and the other, it’s easier to accommodate them because you have a lot more land to maneuver around.”
The full article can be read here.