Construction starts on Margaritaville Watersound Town Center in Panama City

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The Town Center features a Town Square with amphitheater, bandshell, concert stage and jumbo screen.

The partners behind Latitude Margaritaville Watersound say that that construction has started on the community’s Town Center near Panama City Beach.

The initial phase is expected to include about 3,500 homes geared for individuals aged 55 and older, the developers said in a Sept. 29 statement.

The Town Center will have a Town Square including amphitheater with a thatched roof bandshell, concert stage, jumbo screen for concerts and movies, and special recessed dance floor. There will also be bars and restaurants, a dog park and tennis and pickelball courts.

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A planned two-story Latitude Bar & Chill restaurant will overlook the Intracoastal Waterway.

Partners for the project include master developer Minto Communities USA, Margaritaville Holdings, and The St. Joe Company.

Future plans include a public marina and commercial campus, and a health care campus nearby with Tallahassee Memorial Healthcare, Inc. and Florida State University College of Medicine (FSU). The proposed healthcare campus is planned for an 87-acre parcel near the intersection of State Highway 79 and Phillip Griffitts Sr. Parkway, the news release asserted. In addition to a 100-bed inpatient facility, FSU intends to utilize the campus for research focused on successful aging and senior living technology.

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