The Virgins Islands Tech Village project is estimated to cost around $40 Million, and is part of the economic revitalization effort on St. Croix. Senators recently showed support for a bill that authorizes the use of 18 acres of land for The Virgin Islands Tech Village in Estate Lower Love. The University of the Virgin Islands’ Research and Technology Park Corporation said the project proposes 18 acres of farmland, a farmer’s grant program and a first-of-its-kind revenue sharing program among local farmers. During the discussion on rezoning agricultural lands for RT Park development, issues on improving the leasing process for farmers had also been raised.
To read more about this, see the full articles from The Virgin Islands Consortium (click here) and from The Virgin Islands Daily News (click here).
Photo from RT Park and VI Consortium
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