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Havensight hotel nears completion; Retirement System explores development cooperation with governor and housing agencies
Summary
Trustees were told the Amplify Hilton/Havensight hotel project is about 91% complete with a soft opening expected Aug. 5 and a grand opening in October; the board and administration said they held preliminary talks with the governor and housing agencies about developing system-owned properties on St. Thomas and St. Croix.
The Government Employee Retirement System reported May 29 that the Havensight hotel project is nearing completion and that system leaders have begun preliminary discussions with the governor and housing agencies about coordinated development of system-owned property on St. Thomas and St. Croix.
The updates matter because the hotel and related visitor infrastructure are expected to produce rental and operating revenue for the retirement system and to affect broader housing and development planning in the territory, officials said.
Chairman (identified in the meeting as the board…
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