Freedom Beacon Tech Park
Freedom Beacon Tech Park is a 50-acre mixed-use development, master-planned by The Jay Odom Group under a long-term land lease with the US Air Force. The Jay Odom Group broke ground beginning the installation of the infrastructure for Freedom Beacon in 2021. This project boasts 1,500± linear feet of frontage along Lewis Turner Blvd, one of the City of Fort Walton Beach’s major arteries, and will transform the north side of Fort Walton Beach into a bustling commerce center, bringing jobs, housing, hotel and meeting space accommodations, restaurants, Class A office space and a 4-acre recreational park to the local community.
The Jay Odom Group annexed this property into the City of Fort Walton Beach, securing City services for this development and generating tax revenue for the City. The City is excited to help bring this project to the community, and we are currently working with the City to secure all the entitlements for this development to include 312 luxury apartment homes and a 126-room Home2 Suites, for which The Jay Odom Group has already secured the franchise agreement with Hilton.
The Jay Odom Group is proud to bring this project to the community while working under the Enhanced Use Lease with the US Government to provide additional income to the Air Force in order to fund local AFB infrastructure. This project is in close proximity to our local military bases (5 miles from both Eglin AFB and Hurlburt Field) and is highly anticipated by the community and these local bases and their defense contractors. The Jay Odom Group intends to install one of the State of Florida’s tallest flagpoles in the 4-acre park at Freedom Beacon as a beacon for our military, civilian base employees, and the local community and to inspire patriotism and pride while serving our community’s needs.
HAMMOCK BAY – 3,000-Acre Master-Planned Community
(Residential Master-Planned Community with Bay Frontage)
Hammock Bay is a highly anticipated 3,000-acre master-planned community with bay frontage on Choctawhatchee Bay, located in Freeport, Florida. With over 1,400 residential lots developed to date, this full-service development includes a 60-acre sports and recreation park, 400-unit apartment site, 30-acre future school site, as well as a town center, lakeside clubhouse, fitness center, two community pools and over 14 miles of bike and hiking paths. Situated along 26 lakes for recreational activity, the entire Hammock Bay project is 3,000 acres approved for over 6,000 units in density, offering privacy and space.
Financial Highlights include:
- $30M financing secured in bank loans
- $17M bond issue sold out in 30 minutes after creating a Community Development District for infrastructure for initial 500 lots
- Over $80M spent on infrastructure and amenities to date
Visit Hammock Bay’s website at https://www.hammockbayfl.com/