According to the article published in the March/April 2005 issue of
Southern Accents , "The WaterColor Inn and Resort marks its third anniversary
in March, yet it has already built a stellar reputation among travelers .
Master-planned by Cooper, Robertson and Partners, a New York-based
architectural firm, WaterColor won one of eight community design awards
bestowed by the American Institute of Architects in 2002.joe.

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html. Sandestin
8. Seaside
10. More
information about JOE can be found online at http://www.

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Award-winning landscape architect Steve
Martino, FASLA, who has pioneered the use of native and low water
plants, bold forms, and conservative use of water to achieve dramatic,
lush, and livable landscapes, will visit the National Building Museum
for a lecture on his work."

More than 13,000 readers of Southern Accents voted for their favorite
resort destinations.com .

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The month encompasses Earth Day on April 22 and the birthday
of Frederick Law Olmsted on April 27, who founded the American landscape
architecture profession."

Additional accolades that the WaterColor Inn and Resort has earned
include:

* WaterColor Tennis Center - Tennis Facility of the Year, American Sports
Builders Association, 2005

* Fish Out Of Water at WaterColor - World's Top Eight Romantic
Restaurants, Delta Sky magazine, 2005; Golden Spoon Award, Florida
Trend magazine 2005

* Award of Excellence for Design, Urban Land Institute, 2004

* Camp Creek Golf Club - Best New Florida Golf Course, Travel + Leisure
Golf, 2004

* Seagrove Beach at WaterColor - Top Five Beaches for Families, USA
Today, 2003; Third Best Beaches in U.

Listings in this category should be specifically oriented to the traveler seeking information and resources on trips and holiday planning catering to the architecture enthusiast.

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Renowned
landscape architect Laurie Olin, FASLA, who redesigned the Washington
Monument grounds , will be giving tours of the project in conjunction
with the National Building Museum. "National
Landscape Architecture Month is a great opportunity for Americans of all ages
to learn more about how landscape architecture can improve our communities,
increase property values, and protect our environment through creative,
sustainable design.

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"
ASLA chapter events will be held throughout the month.asla.. "After only
three short years in business, we're proud to be ranked among the more
established icons of the hospitality industry. It is being developed by The St.

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* April 23-30: During the final week of April, the focus will be on the
residential landscape architecture -- dollar for dollar, the best
investment in home improvement.
This year, ASLA is partnering with a number of national organizations to
gain support for National Landscape Architecture Month , including the American
Horticultural Society, the American Nursery + Landscape Association, and the
Urban Land Institute. Landscape architecture is a comprehensive
discipline of land analysis , planning, design, management, preservation, and
rehabilitation.
Securities and Exchange Commission , including the company's Annual Report on
Form 10-K for the year ended December 31, 2003.

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The WaterColor Inn is a member of
"Small Luxury Hotels and Resorts of the World.

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Theme to be 'Discover Landscape Architecture'

WASHINGTON, The American Society of Landscape
Architects (ASLA) has proclaimed April 2006 as National Landscape Architecture
Month. Grove Park Inn Resort
6.watercolorflorida.

Forward-Looking Statements
Statements in this press release that are not historical facts are
"forward-looking statements " within the meaning of the Private Securities
Litigation Reform Act of 1995.

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April 2006 is National Landscape Architecture Month

Landscape architects planning for
community rebuilding and the restoration of vegetation and protective
wetlands to mitigate damage from future storms along the Gulf Coast will
explore lessons learned and applicability to other natural disasters .

About ASLA
Founded in 1899, ASLA is the national professional association for
landscape architects, representing more than 16,000 members in 48 professional
chapters and 68 student chapters . The top ten list of resorts included in the
publication's 2005 Reader Travel Awards is below:

1. Joe Company."

About St. Forward looking statements involve risk and
uncertainty , and there can be no assurance that the results described in such
statements will be realized.

architecture personally

Learn more about landscape architecture online at
http://www. Nearly half the site is being devoted to
open space and preservation areas. JOE also has significant interests in timber.


architectural specially



Each week will focus on a different aspect of the profession:

* April 1-8: The landscape architect's roles in security design and
disaster preparedness will be explored during week one. More information
on National Landscape Architecture Month and on local events can be found at
http://www. ASLA promotes the landscape architecture profession and
advances the practice through advocacy, education, communication, and
fellowship. Biltmore Estate
5. Kiawah Island
9. Such statements are based on current
expectations and we undertake no obligation to publicly update or reissue any
forward-looking statements.

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ASLA chapters across the country will celebrate with public outreach
activities to help communities "Discover Landscape Architecture," the theme
for this year. Joe Company.S.

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WaterColor Inn and Resort
4.

urbanism architecture

.S.

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Joe
Company (NYSE: JOE ) announced today that the WaterColor Inn and Resort has
been selected by readers of Southern Accents magazine as their third favorite
resort destination, behind only Disney World and The Cloisters at Sea Island. Risk factors that may cause the actual results to
differ are described in various documents filed by the company with the U.

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"Landscape architecture touches our lives every day in hundreds of
different ways," said Dennis Carmichael, FASLA, president of ASLA.

anneke rome

org/lamonth/index.asla., National Geographic
Traveler/Yahoo! Travel, 2003

About WaterColor
WaterColor is a 499-acre Southern coastal resort and residential community
in Northwest Florida, directly on the Gulf of Mexico, adjacent to the
acclaimed Grayton Beach State Recreation Area along south Walton County's
Scenic Highway 30A. Joe Company, a publicly held company based in Jacksonville, is one
of Florida's largest real estate operating companies.

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a
contemporary luxury resort that provides outstanding service in a venue that
feeds the growing public appetite for memorable design.

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WaterColor Marks Its Third Anniversary as Top Luxury Resort Along Florida's
Gulf Coast

SANTA ROSA BEACH, Fla.
For more information, visit http://www.

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ASLA partners with the ACE Mentor
Program of America to introduce high school students to careers in
landscape architecture, architecture, engineering, and construction.

* April 16-22: Week three activities will highlight green building and
sustainable design.

Southern Accents Readers Select St. Joe's WaterColor Inn and Resort Among The Nation's Best Destinations

Disney World Florida
2. The Cloisters and Sea Island
3. At full
build-out, the community is planned to include 1,140 residences; BeachClub;
tennis club; BoatHouse; 60-room inn; commercial space; dune walkovers and
boardwalks and a lakefront park. Joe," "WaterColor," and the"WaterColor Triple Bar" and the
"Taking Flight" designs are service marks of The St.

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The Breakers

"We are thrilled that the WaterColor Inn and Resort has become recognized
as a favorite destination by the readers of one of America's most respected
design and lifestyle magazines," says Rod Wilson , president of St. It is engaged in town,
resort, commercial and industrial development, land sales and commercial real
estate services.

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org.
WaterColor is the only resort destination built in the last decade to make the
list.com.

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* April 9-15: In week two, students will be encouraged to explore career
opportunities in landscape architecture, a field that is much in demand
and that offers a lucrative salary. The culmination of the week will be the official
dedication of ASLA's landmark green roof on its Washington, DC,
headquarters. Greenbrier
7. Joe
The St.

architecture resund

ASLA will be reaching out to additional organizations
in the coming months for partnership opportunities., The St. Joe's
residential operations for West Florida, developer of WaterColor.

"JOE," "St.

traveler architecture

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