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[4] [10] Purchase from the family and sale of the preserve lands to the State of Florida and Lee County closed on July 31, 2006. [3] [4] As part of the arrangement, Kitson & Partners received $350 million for the land, with approximately $310 million provided in the final budget of Governor Jeb Bush and $40 million from Lee County, Florida. [12]
The St. Joe Company is a land development company headquartered in Panama City Beach, Florida.Founded in 1936 and until 1966 known as St. Joe Paper Company, the company still operates a forestry division but is primarily engaged in real estate development and asset management.
In 1970, the state-owned land was leased to the Florida Fish and Wildlife Conservation Commission (FWC) to be used as a wildlife management area (WMA). [1] The Bull Creek WMA was renamed for former Fish and Wildlife Conservation Commission chairman Hershey A. “Herky” Huffman (1937-2011), [ 2 ] a native Floridian, avid outdoorsman and a ...
The Deseret Ranch also brings in revenue from the mining of native shell beds (used throughout Florida to pave roads), orange groves, hunting permits, and sales of ornamental palm trees. In 2011, having won control of some of its water from the St. Johns River Water Management District, it was planning on selling some to Cocoa, Florida. [11]
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In the deal, Plum Creek gave up 31,000 acres (13,000 ha) of land, much of it along Interstate 90 east of Seattle, in exchange for 11,500 acres (4,700 ha) in Federal lands. Plum Creek had warned the U.S. Government that it would log the land should the deal not go through. The federal government also had to pay $4.3 million as part of the deal.
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