A 404-hectare enterprise centre comprising office, retail and light industrial elements will become the first airport city development at the Northwest Florida Beaches International Airport, when it opens in May.

The VentureCrossings Enterprise Centre, which will built within a 30,351-hectare plot adjacent to the airport, will boast 40.1 hectares dedicated to retail, office and hotels, approximately 121 hectares acres for light industrial uses and approximately 242 hectares for manufacturing, distribution and logistics companies seeking 'through the fence' access to the new airport's 10,000-foot runway.

Developed by the St Joe Company VentureCrossings, St. Joe also includes 50,000sqft of Class A multi-tenant office building with construction beginning later this year. The Company is relocating its corporate headquarters, currently in Jacksonville, Florida, to this multi-tenant building in the summer of 2011.

"VentureCrossings is an unparalleled greenfield site and a unique multi-modal opportunity for expanding businesses interested in air, land and sea access," said Kevin Johnson, vice-president of economic development at St Joes. "Because of our region's strong military presence and transportation assets, West Bay is an ideal growth area for industries including aerospace, defense, renewable energy and logistics services.

The new Northwest Florida Beaches International Airport is the first international airport built in the US in the last 15 years and replaces the existing Panama City - Bay County International Airport. St Joe donated 1,618 acres within its West Bay Sector Plan for the construction of the new airport.