CORPORATE RELEASE – Walton is pleased to announce that a residential exit-focused option agreement has been signed for a 156-acre property called Cannon Forest located within the Jacksonville MSA in the City of St. Mary’s, Georgia.
A top national homebuilder that entered into the agreement has plans to develop an anticipated 379 residential lots.
Cannon Forest is located just 40 minutes north of Downtown Jacksonville off Interstate 95. The Cannon Forest land acreage is situated in the middle of City of St. Mary’s, which offers its residents all the charm and ease of small-town living but is also a convenient 30-minute drive to the Jacksonville International Airport and 10 minutes from the Kings Bay Naval Submarine Base. An impressive 18 Fortune 500 Companies have their global headquarters in Georgia, making it attractive for employment opportunities for residents in nearby communities.