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Articles in the Press

Title Date Publication Summary
Frenchman’s Reef Near Deal with New Partner to Restart Construction 04/13/2021 St. Thomas Source

The Marriott’s Frenchman’s Reef Resort on St. Thomas is close to a deal with a third-party investor that could see the property reopen by the end of 2022, the Economic DevelopmentCommission board of directors heard on Tuesday.

Companies for bottled water, health services seek EDC tax breaks 08/08/2018 St. Croix Avis
EDA board OKs partnerships with Puerto Rico group;SBA 11/09/2018 St. Croix Avis
Economic Enterprise Zone spotlights pampering products 01/24/2019 St. Croix Avis
Attracting companies high on Bryan's agenda 07/24/2019 St. Croix Avis
Gov., EDA officials meet with site selection consultants in Atlanta 05/29/2014 St. Croix Avis
Made in the USVI shop reopens 12/17/2021 St. Croix Avis
V.I. receives $2M disaster relief grant to aid businesses 09/13/2013 St. Croix Avis
Visitors Slowly Returning To Virgin Islands After Hurricanes' Destruction 02/02/2018 NPR

The U.S. Virgin Islands were hit hard by Hurricanes Irma and Maria. Tourism — a large part of the economy — declined as a result, but people are starting to return.

Neither states nor nations, Puerto Rico and Virgin Islands face rocky storm recovery 10/27/2017 Miami Herald
Elite Traveler Hosts Yacht Party in Fort Lauderdale 11/02/2017 Elite Traveler
Economic Development Bank launches loan amnesty program in USVI 03/14/2016 Caribbean News Now!
Energy leaders, partners gather in USVI for Caribbean clean energy technology symposium 04/06/2015 Caribbean News Now!
In the United States Virgin Islands, a Boost For Small Business 08/15/2014 Carib Journal
With Eyes Wide Open 10/27/2014 Barberbiz -- Blog by Dean Barber (Barber Business Advisors, LLC)
EDA Bank Claims Success from ‘Risky Loans’ 07/25/2019

The Economic Development Bank has seen success with giving out what might be described as “risky loans” to residents of the territory according to the bank’s chief financial officer Ernest Halliday. https://stcroixsource.com/2019/07/18/eda-bank-claims-success-from-risky-loans/

Education grilled about 2020 budget increase despite school consolidation 07/25/2019
Tourism defends Festivals Division plan, budget request 07/25/2019
Ritz-Carlton, Set For October Reopening, Announces Hiring Opportunities 07/30/2019
USVI Ready For The Limelight 09/12/2019

It was no coincidence that representatives from the U.S. Virgin Islands were in Toronto yesterday (Sept. 5) to promote the perks of filming in the Caribbean destination during the Toronto International Film Festival. 

Made up of St. Croix, St. John, and St. Thomas, the multi-island destination was featured in feature films like The Shawshank Redemption, Twilight Saga: Breaking Dawn and The Curious Case of Benjamin Button and its backdrops and scenery have doubled for other locations from Mexico to the Greek islands...

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