WEST BAY — The Airport Board is negotiating a “through-the-fence” agreement with The St. Joe Co. that officials said will help bring parity between industries that sets up shop on airport land and future aircraft-related industries on St. Joe land surrounding the airport.
Such an agreement will hammer out security and safety concerns and bring additional revenue to the airport via fees for access to the airport and its runway. Such agreements are not unusual, airport Executive Director Randy Curtis said Monday, and should benefit both the airport and St. Joe.
St. Joe has announced plans to develop about 1,000 acres near the entrance of the new Northwest Florida-Panama City International Airport for industrial, commercial and services-related uses, focusing particularly on aerospace, logistics and defense-oriented technology companies.
