Nov 22, 2022 | Reports
Quality of life and affordability are important factors in determining where to live. If homeownership in the Caribbean is a dream of yours, St. Croix is a wonderful island in the US Virgin Islands to make your new home (or vacation home). We encourage you to take a look at our Coldwell Banker area reports that compare recent and historical sales activity for all property types; single family homes, condos, and land. Whether you are looking for a move-in ready home, a fixer upper, or a new build, we can help you find properties that meet your needs.
The reports are available below. If you have any questions, please give us a call or email us directly. We would love to work with you find a paradise home on St. Croix. If you are interested in selling your home, we will be happy to work with you in every stage of the selling process!
Open reports by clicking on links below:
All Property Types – October 2022 Area Report
Single Family Homes – October 2022 Area Report
Condos – October2022 Area Report
Land – October 2022 Area Report
Note: The average sales price and the average days on market could be skewed greatly by only one sale or because of the small number of sales.
#stcroixusvi #usvirginislands #virginislands #realestate #realtor #coldwellbanker #caribbean #caribbeanhomes
Nov 21, 2022 | Island News
Great news for the island, great news for Christiansted! The Protestant Cay redevelopment projects has been in the news throughout the year. Last week, The VI Consortium reported that the previous owners of the Protestant Cay property on St. Croix, known as Hotel on the Cay, have reached a deal with the Government of the Virgin Islands and the new operators, which will allow the renovation and expansion of the 7.2-acre iconic hotel property.
To illustrate the scope of the project, take a look at these notable articles:
“New Operators of Hotel on the Cay Settles With Former Owners; Lawmakers Impressed With Development Plans” – VI Consortium, November 17, 2022
“Protestant Cay Redevelopment Floated To Senate” – St Croix Source, November 15, 2022
“Bryan announces $25M lease to redevelop Hotel on The Cay property” – Virgin Islands Daily News, October 25, 2022
“$55 million project to transform St. Croix’s Hotel on the Cay” – Caribbean Journal, August 19, 2022
“Developer Eyes 2024 Completion for New $55 Million Hotel on the Cay; 115-Room Facility to be Renamed Christiansted Harbor Resort Hotel & Marina” – Virgin Islands Consortium, May 5, 2021
#hotelonthecay #protestantcay #hoteldevelopment #stcroixusvi #usvi #virginislands #caribbean #realestate #realtor
Nov 15, 2022 | Island News
Secretary of the Interior Deb Haaland visited the Nature Conservancy on St. Croix in November and in a press conference, she highlighted the efforts to bolster coastal and climate resilience in the U.S. territories in a brief press conference held Saturday .
According to the St. Croix Source, Haaland said that Interior has invested $570,000 in the U.S. Virgin Islands and provided $400,000 in fiscal year 2022 for the coral reef and natural reef initiative. The program provides grant funding and management and protection of coral reefs to combat invasive species in insular areas, contributing to the health of coral reef ecosystems and other natural resources for long-term economic and social benefits.
Haaland also commented that she learned about the massive destruction caused by hurricanes Irma and Maria to homes, businesses, and communities, impacting people’s livelihoods and the economy, as well as damaging coral reefs on both St. Croix and St. John. She also learned about ongoing restoration work in the community as well as ongoing work to restore and maintain coral reefs that will sustain a healthy environment for the territory.
Read the full article here.
Photo provided by the Department of Interior, featuring Secretary of the Interior Deb Haaland taking a glimpse at the coral restoration process on St. Croix
#stcroixusvi #usvi #virginislands #climate #preservation #coralreefs #environment #restoration
Nov 15, 2022 | Island News
Congratulations to the five USVI nonprofit organizations that received $10,000 grants each from The Community Foundation of the Virgin Islands (CFVI) as part of the recently established Popular VI Community Fund. These 5 organizations provide direct services in one or more of the grant’s focus areas, such as youth programs, entrepreneurship and/or environmental protection.
• Lion Haven Community Center in St. Croix plans to use its grant to focus on improving the academic performance, health and fitness, and social skills of 35-50 young people while also building and nurturing their creative talents.
• Caribbean Museum Center for the Arts is using the funding to continue its artist-in-residence program by bringing new artists, different perspectives, and fresh ideas to St. Croix.
• Virgin Islands Justice Initiative is using the grant to support its Youth Restorative Justice Program, which focuses on youth ages 18 to 26 who are currently attending or have recently completed a job training program and have a criminal arrest record that needs to be expunged.
• Gifft Hill School in St. John received a grant to support an after-school program that will provide tutoring services and enrichment club activities for 150-200 students throughout the course of the school year.
• United Jazz Foundation received grant funding to support a program that uses music to enhance student’s life skills and build their social intellect, music writing and notation skills, self-determination, experience in a professional recording environment, and the ability to express and convey their personal story through their craft in a public space.
According to a press release by the Banco Popular of Puerto Rico, the purpose of the fund is to support the philanthropic interests of and its employees in the islands. The bank established the Popular VI Community Fund at CFVI with an initial donation of $100,000. This initiative focuses on the well-being of the communities. Popular operates on St. Thomas, St. Croix, St. John, Water Island and Tortola. Read the full reporting from St. Croix Source and The Virgin Islands Daily News.
Photo from CFVI.net
#community #grants #stcroixusvi #stcroix #virginislands #caribbean #donation #noprofit
