. But Ray Tyner, Palm Coasts deputy chief development officer, explained that Allete, the original owner, has sold much of the land and entitlements to third-party developers. Palm Coasts economy is growing! Take advantage of all the benefits of buying a brand-new home thats already built and ready for you. Earliest "pioneers" occupied their homes in January 1972. /* When Is Bmw Coming Back To Motability, Articles P