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New developments promise revitalization at Haven site

August 09, 2024 | Retirement System, Agencies, Organizations , Executive, Virgin Islands


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New developments promise revitalization at Haven site
During a recent government meeting, significant updates were shared regarding infrastructure developments and financial challenges facing the organization.

The installation of a new generator is expected to enhance reliability for tenants, addressing ongoing concerns about service dependability. Additionally, plans are underway for the development of a green space and visitor center at the Haven site Mall, which will be integrated with a new hotel project. The strategic and infrastructure planning for the Haven site is currently being finalized, following an extensive presentation on the rebranding of the site during a recent board retreat.

Financially, the organization is grappling with approximately $186,000 in rental arrears, primarily attributed to the Department of Justice. The administrator expressed gratitude towards the personnel division for maintaining current payments, while emphasizing the need for the Department of Justice to settle their outstanding rent and electricity bills, which have now accumulated to four months of arrears. The organization is actively pursuing these payments to alleviate cash flow challenges.

The meeting also included discussions on the positive feedback received regarding a recent loan rollout, with members expressing appreciation for the staff's efforts. Questions were raised about the new property manager's salary and employment status, as well as inquiries regarding the Haven site development contract and a recent meeting with the port authority concerning pension plans. Further details on these topics are expected to be addressed in an upcoming executive session.

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