A new website will promote more than 50 local properties for potential development and investment, according to a statement from the V.I. Economic Development Authority.
The online database, found at www.investusvirginislands.com, was recently launched by the authority in an effort to promote hotel and resort development in the territory, said EDA spokeswoman Semele George in a news release on Wednesday.
Kamal Latham, the EDA’s chief executive officer, spoke of the need for the website in a written statement.
“Hotel and resort developers need readily-accessible resources that can assist them in locating properties that are available for development,” Latham said. “This type of database on our website is an essential tool in assisting developers and investors who are considering business opportunities in America’s business paradise, the U.S. Virgin Islands.”
Shanell Petersen, the EDA’s managing director of marketing and 2040 vision, told The Daily News via email that users have given “positive feedback” about the website so far.
Properties already listed on the website include a parcel in Maho Bay on St. John — for $7.5 million — and Mahogany Run Golf Course on St. Thomas — for $40 million. Drop-down menus allow users to search for properties by island, land size, price range and whether properties are publicly or privately owned. Property sizes range from less than an acre to more than 50 acres. Petersen noted that real estate agents submit potential listings for the website through the EDA.
The website’s launch comes after Latham was part of the territory’s delegation that participated in the Caribbean Hotel & Resort Investment Summit in Miami last month. Latham, along with Gov. Albert Bryan Jr. and V.I. Tourism Commissioner designee Joseph Boschulte, attended the conference to promote V.I. hotel and resort development opportunities, according to the release.
Petersen added that the delegation shared information about the new website with conference attendees while at the summit.