Global Coral Reef Bleaching Event

Global Coral Reef Bleaching Event

A massive bleaching event in the Caribbean in 2005 resulted in the loss of more than half of what was then the coral population in V.I. waters. In the Virgin Islands, researchers are still assessing the damage from the 2023 summer bleaching event according to the St. Croix Source (read full article here). USVI researchers also said the water temperature in the territory is currently 1.3 degrees Celsius higher than normal for this time of year.

Recently, the International Coral Reef Initiative and the U.S. National Oceanic and Atmospheric Administration (NOAA) announced that prolonged, exceptionally warm temperatures have caused the fourth ever global coral bleaching event. This is the fourth global event on record and the second in the last 10 years.

According to reports, mass bleaching of coral reefs has been confirmed in the Atlantic, Pacific and Indian oceans, basins including parts of Florida and the U.S. Coastline, the Caribbean, Central America, South America, Australia, the South Pacific, the Persian Gulf, coasts of East Africa, as well as Indonesia since early 2023. Experts say as the world’s oceans continue to warm, coral bleaching is becoming more frequent and severe. When these events are sufficiently severe or prolonged, they can cause coral mortality, according to the press release from NOAA. Read the full article here.

USVI’s Impressive 5% Share of the Global Cruise Market

USVI’s Impressive 5% Share of the Global Cruise Market

According to a recent VI Consortium article, Governor Bryan attended this year’s Seatrade Global conference in April where he showcased the Virgin Islands’ pivotal role in global cruise tourism, emphasizing the territory’s impressive 5 percent share of the market. The governor also met with executives, stakeholders, and government officials from across the world discussing trends and partnerships in the cruise industry. Given that tourism generates 70% of the Virgin Islands’ economy, the governor stated that “these initiatives and investments are really proving to be worthwhile.” The conference may even be responsible for some legislative changes the governor says are in the pipeline. These aim to further enhance the cruise and tourism offerings, especially potential growth on St. Croix. Governor Bryan also expressed optimism that the exchanges of ideas during the event will lead to “exciting prospects” for the territory through new public-private partnerships.

USVI 2024 “Great Reads from Great Places”

USVI 2024 “Great Reads from Great Places”

Every year, a list of books representing the literary heritage of the 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands is distributed by the Library of Congress’s Center for the Book during the National Book Festival. The Community Foundation of the Virgin Islands (CFVI) serves as the Library of Congress’s Center for the Book, U.S. Virgin Islands affiliate. The Library of Congress and its affiliate Centers for the Book work together to promote books, reading, literacy and the Library’s literary programming nationwide through public programs and initiatives designed to attract a diverse population and serve affiliates’ local audiences.

The two books selected for the USVI 2024 “Great Reads from Great Places” are “Ziggy on the Rock,” by C.M. Rohan and “The Lesson,” a novel by Cadwell Turnbull. Both authors grew up in the USVI. Congratulations to the authors!

“Ziggy on the Rock,” by C.M. Rohan, has been designated as the USVI’s youth Great Read for 2024. The book tells the story of Ziggy, a vibrant, adventurous and kind boy who is growing up in the beautiful U.S. Virgin Islands. The book follows Ziggy and his friends as they explore their island home and embrace their Caribbean culture.

“The Lesson,” a novel by Cadwell Turnbull, tells the story of an alien ship resting over Water Island. For five years the people of the U.S. Virgin Islands have lived with the Ynaa, a race of super-advanced aliens on a research mission they will not fully disclose. They are benevolent in many ways but meet any act of aggression with disproportional wrath. This has led to a strained relationship between the Ynaa and the local Virgin Islanders and a peace that cannot last. A year after the death of a young boy at the hands of an Ynaa, three families find themselves at the center of the inevitable conflict, witness and victim to events that will touch everyone and teach a terrible lesson.

Read more on the St Croix Source here.

NEW St Croix Area Reports (March 2024)

NEW St Croix Area Reports (March 2024)

Monthly sales data, inventory, and days on market for the St. Croix, USVI real estate market is available in our downloadable Coldwell Banker real estate reports. The is a report for each category: Homes & Condos, Condos, Homes, and Land!

If you are not familiar with with the implications of the data, please give us a call or email us directly with any questions. We are Accredited Buyer’s Representative (ABR) and Seller Representative Specialist (SRS) and have the experience and local knowledge to help you in every step of the process. We can help you narrow down neighborhoods based on your priorities. We can also advise you on the market trends in your desired neighborhoods.

Open reports by clicking on links below:

Homes & Condos – March 2024 Report

Homes – March 2024 Report

Condo – March 2024 Report

Land – March 2024 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

Taste of St Croix 2024

Taste of St Croix 2024

One of St. Croix’s most celebrated events is making a triumphant return for its 24th year! Taste of St. Croix returns on Thursday, April 18th to showcase St. Croix’s culinary scene from a host of restaurants, caterers, private chefs, and other culinary-based businesses throughout the territory. For the past two decades, Taste of St. Croix has uniquely captured the spirit and flavor of St. Croix’s hospitality industry by way of a celebration that is now recognized as one of the U.S. Virgin Islands’ premier food and wine events. Over the course of three hours, guests are welcome to sample a variety of local and international tastings and savor a selection of elegant wines from around the world.

Event Director Collin Hodge has been involved with Taste of St. Croix since its inception in 2001. “I was initially brought on as a consultant for the event and soon after came on board as event coordinator,” said Hodge. In 2022, the event returned to its original location, Divi Carina Bay Resort, after the property reopened following extensive renovations due to devastating damage from 2017 hurricanes Irma and Maria. Hodge shared that it feels good to be back home at Divi with Taste, and he looks forward to another successful installment of the event. This year, the event has added a five-course wine dinner as a prelude to the main event. On Wednesday, April 17th, guests can look forward to unique wines from Segura Viudas, Robert Mondavi, Elouan, and Quest, each expertly paired with food tastings courtesy of Grapetree Bay Hotel. Tickets are $250 per person and can be purchased on Eventbrite.

A 501 (c)(3) non-profit, Taste of St. Croix promotes and showcases the talent and potential of St. Croix’s hospitality industry through fostering partnerships, sponsoring training and industry events, and building public awareness of service-industry importance to the socio-economic future of the U.S. Virgin Islands.

The 24th Taste of St. Croix will take place on Thursday, April 18th at Divi Carina Bay Resort from 6pm to 9pm. General admission tickets are available for purchase at $125 per person; VIP tickets are officially sold out. For more information and to purchase tickets, visit www.tasteofstcroix.com.

Written by Anquanette Gaspard

Florence Williams Public Library Reopens

Florence Williams Public Library Reopens

Christie is an avid reader and we are so excited to see the Florence Williams Public Library, a historic institution in downtown Christiansted finally reopen on April 9, 2024 after being shuttered by the 2017 hurricanes. As reported by the VI Daily News (article available here), Gov. Albert Bryan Jr., Lt. Gov. Tregenza Roach, Senate President Novelle Francis Jr., Disaster Recovery Director Adrienne Williams-Octalien, and Planning and Natural Resources Department Commissioner Jean-Pierre Oriol attended a ribbon-cutting ceremony.

WTJX also reported that the new and improved four-story library features two levels of shelves lined with books, and an upgraded computer area with the latest software programs and access to digital audio books that are part of the integration of the Library for the Blind and Physically Challenged. The library features a multipurpose room to host community events that has video conferencing capabilities, and a children’s room with a Taino hut that provides a fun space for reading. WTJX also said the public can look forward to the brightly colored mural and paintings, archives and special collections, a photo duplication lab, and government documents available at the renovated library. The $702,775 recovery project, which included federal funding from the Federal Emergency Management Agency, was completed by Heights Construction & Supply LLC. Read the full article here.