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The Virgin Islands Port Authority, Royal Caribbean Group, and Cruise Terminals International Commemorate Crown Bay District Redevelopment Signing
Prnewswireยท 2025-12-18 15:12
Core Points - The Virgin Islands Port Authority (VIPA), Royal Caribbean Group (RCG), and Cruise Terminals International (CTI) signed a landmark agreement to redevelop the Crown Bay District into a mixed-use destination, enhancing tourism and economic prospects in the U.S. Virgin Islands [1][2][4] Group 1: Agreement and Collaboration - The agreement represents a transformative collaboration between public and private sectors, indicating a major investment in the territory's tourism [1][4] - The redevelopment aims to modernize the waterfront and create a tourism-focused area with improved commercial, recreational, and cultural spaces [2][4] Group 2: Economic Impact - The project is expected to generate new jobs during construction and ongoing operations, creating entrepreneurial opportunities for local businesses [2][4] - Enhanced opportunities for local taxi drivers and tour operators are anticipated as part of the redevelopment [2] Group 3: Stakeholder Involvement - Key figures in attendance included USVI Governor Albert B. Bryan Jr., Lt. Governor Tregenza Roach, and executives from RCG and CTI, highlighting the importance of the initiative [2][3] - VIPA Executive Director Carlton Dowe emphasized the need for innovation and investment in tourism to remain competitive globally [4] Group 4: Future Vision - The redevelopment is seen as a foundation for future economic growth and destination development in the U.S. Virgin Islands [4][5] - RCG's senior director expressed commitment to enhancing guest experiences while respecting local culture and delivering economic benefits [4]