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'''Jubilee''' is a [[Wikipedia:New town|planned community]] slated for development on a 2,718-acre parcel in north [[Santa Rosa County]] near [[Pace]], between [[Berryhill Road]], [[Willard Norris Road]] and [[Chumuckla Highway]]. It was announced on [[March 20]], [[2007]] at a grandiose event and has employed a high-profile advertising campaign (see [[#Marketing|below]]). The massive residential project by Atlanta-based the Eagle Group is planned to include 588 single-family houses in the first phase alone, priced between $275,000 to $1.5 million,<ref name="roadblock">"Jubilee hits roadblock." ''Pensacola News Journal'', August 8, 2007.</ref> as well as a private golf club designed by PGA champion and Pensacola resident [[Jerry Pate]]. The development was originally planned by Atlanta-based The Eagle Group, but was taken over by investors under the name [[2718 Santa Rosa]] when the project was hit by million of dollars in liens.