1 
 
Virgin Islands Economic Development Authority 
Public Hearing of Thursday, November 14, 2024 
Summary 
 
 
During the Virgin Islands Economic Development Authority (USVIEDA) Public Hearing on 
Thursday, November 14, 2024, the USVIEDA Governing Board heard one (1) Hotel Development 
Act (HDA) application presentation. 
 
Application 
 
▪ Haven Development, LLC - Hotel Development Act Application 
 
[Category III – Hotel/Guesthouse and other ancillary businesses associated with a hotel, Location: St. Thomas, 
VI] 
 
Haven Development, LLC (“Haven”) is requesting Virgin Islands Economic Development 
Authority approval pursuant to the Hotel Development Act (HDA), to secure 100% of 
Designated Hotel Occupancy Tax and the right to charge an Economic Recovery Fee (ERF) of 
7.5% to support payment of the debt obligation to be incurred in connection with the 
development. 
 
The brand flag presently attached to the project is Hilton. Haven is developing a 126-room 
upper-midscale Hampton by Hilton hotel adjacent to the Havensite Mall on St. Thomas.