Beautiful Virgin Islands


Gov’t makes fresh attempts to develop Prospect Reef

Gov’t makes fresh attempts to develop Prospect Reef

The government is making yet another attempt to develop the state-owned Prospect Reef Resort which was destroyed in the 2017 hurricanes that ravaged the BVI.
For years, promises have been made by successive administrations to redevelop the property, but the government has always cited several problems encountered in trying to restore the hotel to its former glory.

The last reported update was given around January 2022 by former Premier Andrew Fahie, who stated that progress was stalled due to some legal concerns.

But at a press conference earlier this week, Premier Natalio Wheatley said the government will soon invite bidders to submit their proposals for the development of the hotel.

“Very soon, I’ll be engaging the Prospect Reef board on issuing a Request for Proposal for development. We see Prospect Reef as a hotel that can offer convention centre services to our business community and assist in hosting meetings, conferences and so on. So Prospect Reef is a very big part of what we are intending to do and the public should see a Request for Proposal very soon,” Premier Wheatley explained.

He added that once development proposals are submitted, the Prospect Reef board will choose the bidder they wish to develop the property. But the Premier cautioned that no work has started as the government is getting ready to start the bidding process.

“When the Request for Proposal goes up, anyone who is interested will be able to put forward a proposal and they’ll have a fair and transparent process to select a proposal,” the Premier stated.

After the 2017 hurricanes, the previous National Democratic Party (NDP) government signed a $90 million deal with ICA (BVI) Group Corp to redevelop Prospect Reef. That deal never materialised and when the Virgin Islands Party formed the next government, they announced that they were seeking new investors for the property’s redevelopment.

Using the property as a business or convention venue — as announced by Premier Wheatley — was not the original reason previous governments gave for the redevelopment of the resort. Initially, it was stated that a four-star or five-star resort was needed on Tortola and later on, the government said the property could be used to advance culinary arts training locally.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
U.S. Sues Adobe Over Hard-to-Cancel Subscriptions
I have a dream, MLK inspiring speech
Deadly Heat Wave Claims Dozens of Lives During Hajj Pilgrimage in Mecca
Aretha Franklin, Marvis Staples - Oh Happy Day
Here are today's top worldwide stories you don’t want to miss:.
BVI Freedom Song
World’s Largest Pilot Union Calls to Eliminate Terms Like ‘Cockpit’ and ‘Manpower’ for Equity
Billy Preston - You Can't Beat God Giving (Live)
Woman Suing UK Intel Services Denies China Spy Allegations
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Iran Sentences Nobel Laureate Narges Mohammadi to 1-Year Prison Term for Propaganda
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
News roundup
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
Good day, everyone! We've got some gripping stories for you today, spanning from the Middle East to Europe, and even a touch of Hollywood.
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Britain’s Refugee Visa Rules Stranding Children in War Zones
Hello Dolly
UK Elections Predict ‘Electoral Extinction’ for PM Sunak’s Conservative Party
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
Italian Activist Ilaria Salis Returns Home After Election to European Parliament
Bob Marley - Get Up Stand Up
Good morning!
Yes He Can
England Faces Serbia in Euro Opener with Defensive Concerns
What A Friend We Have In Jesus
Dermatologist Warns Against Sunbed Usage
Unforgettable
Fake Pro-Reform UK Social Accounts and Their Influence on Elections
Touch The Hem Of His Garment
UK Man Jailed for Non-Consensual Condom Removal
The Lord's Prayer
Reform UK Surpasses Conservatives in Historic Poll
THE GOD MOVEMENT...BEAUTIFUL BVI
US, Britain, Canada Accuse Russia of Interference in Moldova’s Election
Siyahamba
Taylor Swift Fans Create Seismic Activity in Edinburgh
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
Sunak Aide Under Investigation for Election Bet
Ramblin' Rose
Labour Leader Starmer Focuses on Wealth Creation for Upcoming UK Elections
Protoje - Who Knows ft. Chronixx
G7 to Use Frozen Russian Assets for $50 Billion Ukraine Aid
Pressure - Virgin Islands Nice
Anti-Israel Irish MEP Clare Daly LOST her seat in the EU Election
Phil Wickham - House Of The Lord
Johnson & Johnson Settles Talc Safety Claims for $700 Million
My God Is Real (Yes, God Is Real)
EU Urged to Welcome Skilled Russians to Weaken Putin
The Lion King Circle of Life by LEBO M. — LIVE at the HAVASI Symphonic
EU Elections Overview: Far-Right Gains and Major Political Shifts
Louis Armstrong - When The Saints Go Marching In
Israel Rescues Four Hostages from Gaza
Kanye West Sunday Service - hallelujah, salvation, and glory
Emmanuel Macron Calls for Snap Election
Jonathan Nelson - I Believe (Island Medley
Jordan Bardella: Young Far-Right Leader Poised for Future Political Influence in France
From The Virgin Islands Sqad Up
World's Oldest Privately Owned Book Auctioned for $3.8 Million
Common, John Legend - Glory
Animal Rights Activists Deface King Charles' Portrait in Protest
Anthony Evans vs. Jesse Campbell - If I Ain't Got You
Dutch Military Intel Uncovers Extensive Chinese Cyber Espionage
I have a dream, MLK inspiring speech
Turkish Student Arrested for Using AI to Cheat in University Exam
Aretha Franklin, Marvis Staples - Oh Happy Day
Rise in Dengue and Other Mosquito-Borne Diseases in Europe Due to Climate Change
BVI Freedom Song
EU Elections Overview: Far-Right Gains and Major Political Shifts
Billy Preston - You Can't Beat God Giving (Live)
Far-Right National Rally Dominates France's EU Vote
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Macron Calls Snap Legislative Elections After Far-Right Victory
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
Far-Right Gains Significantly in EU Election
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
UK Job Market Shows Signs of Recovery
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Orban’s Fidesz Party Wins Majority in Hungary’s EU Elections as New Challenger Emerges
Hello Dolly
Meloni's Far-Right Party Wins European Elections in Italy
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
Key Insights from the European Union Elections
Bob Marley - Get Up Stand Up
European Union Elections and Rise of Far-Right Parties
Yes He Can
England Loses Over 260,000 Social Rent Homes in a Decade
What A Friend We Have In Jesus
Campaigners Urge Government to Block Shein's FTSE Listing
Unforgettable
First NHS AI-Run Physiotherapy Clinic Launches This Year
Touch The Hem Of His Garment
British TV Presenter Michael Mosley Found Dead on Greek Island
The Lord's Prayer
Ukrainian Forces Claims First Strike on Russia's Su-57 Fighter Jet
THE GOD MOVEMENT...BEAUTIFUL BVI
Macron Dissolves Parliament and Calls Snap Elections
Siyahamba
Russia Adds Yulia Tymoshenko to Wanted List
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
×