The airport property, northwest of Panama City, occupies just a fraction of the company’s 75,000-acre West Bay sector plan, which envisions 27,000 residential units, 490 hotel rooms, 2 marinas and 37 million square feet of commercial space that would bring tourists and entrepreneurs to the panhandle.

I have to admire the guts of this development, but 27,000 units in a city with only 35k in population seems overkill (to put it mildly).