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Watermark Begins Development on Upscale Multifamily Community in PCB

Urban Blu PUD Project Slated for 312 Units to Deliver in 2022
Proposed renderings of the Watermark at Urban Blu apartments in Panama City Beach, Florida. (Courtesy of Watermark Residential)
Proposed renderings of the Watermark at Urban Blu apartments in Panama City Beach, Florida. (Courtesy of Watermark Residential)
By Justin Sumner
CoStar News
July 9, 2020 | 7:31 P.M.

National multifamily developer Watermark Residential has acquired 17 acres of vacant land in Panama City Beach, Florida, where it will develop a planned multifamily community with an expected completion date in 2022.

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