Business
The Virgin Islands Port Authority, Royal Caribbean Group, and Cruise Terminals International Commemorate Crown Bay District Redevelopment Signing
The Virgin Islands Port Authority (VIPA), Royal Caribbean Group (RCG), and Cruise Terminals International (CTI) celebrated the signing of a landmark agreement to redevelop the Crown Bay District into a vibrant, mixed-use destination for residents and visitors during a ceremony held on Wednesday, December 17, 2025 at Austin "Babe" Monsanto Marine Terminal in Crown Bay, St. Thomas. The agreement marks a transformative collaboration between the public and private sectors, representing a major inves
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[{"type":"text","content":"ST. THOMAS, U.S. Virgin Islands, Dec. 18, 2025 /PRNewswire/ -- The Virgin Islands Port Authority (VIPA), Royal Caribbean Group (RCG), and Cruise Terminals International (CTI) celebrated the signing of a landmark agreement to redevelop the Crown Bay District into a vibrant, mixed-use destination for residents and visitors during a ceremony held on Wednesday, December 17, 2025 at Austin "Babe" Monsanto Marine Terminal in Crown Bay, St. Thomas. The agreement marks a transformative collaboration between the public and private sectors, representing a major investment in the Territory's tourism and economic prospects.","length":643,"tagName":"p"},{"type":"image","alt":"In attendance at the ceremony were USVI Governor Albert B. Bryan Jr., Lt. Governor Tregenza Roach, President of the 36th Legislature Senator Milton Potter, Commissioner Designee of Tourism Jennifer Matarangas-King, members of the VIPA board of directors, and executives from Cruise Terminals International, iCON, and Royal Caribbean Group.","displaySize":"","headline":null,"caption":"In attendance at the ceremony were USVI Governor Albert B. Bryan Jr., Lt. Governor Tregenza Roach, President of the 36th Legislature Senator Milton Potter, Commissioner Designee of Tourism Jennifer Matarangas-King, members of the VIPA board of directors, and executives from Cruise Terminals International, iCON, and Royal Caribbean Group.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/e786f6fc4e265841727cb7060ec1febf"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/sYlWFR_Z2tKX0CzrkdMIXA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/e786f6fc4e265841727cb7060ec1febf","width":400,"height":225}},"href":"https://mma.prnewswire.com/media/2848888/USVI_Crown_Bay_Redevelopment_Project_Ground_Leasing_Agreement.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The redevelopment of Crown Bay will modernize the waterfront by transforming Crown Bay Center into a vibrant, tourism-focused area with improved commercial, recreational, and cultural spaces. The project will deliver significant financial benefits for the community, including generation of new jobs during the construction phase and ongoing operations, creation of ...