The Sugar Bay Resort & Spa in St. Thomas, U.S. Virgin Islands was recently sold to DV USVI Investment Group for $20 million.
A spokesperson for the USVI Department of Tourism confirmed the sale to Caribbean Journal Invest.
Greython Construction has already been selected by new owner DV USVI Investment Group to act as general contractor for the hotel renovation and expansion of Sugar Bay.
The first phase of work includes interior and exterior demolition, exterior EFIS and paint, structural reconstruction, exterior glazing and glass, renovation of 323 hotel guest rooms and bathrooms, reconstruction of the registrar building including three restaurants, new elevators, new staircases and railings, new mechanical, electrical, plumbing, fire protection systems, and interior drywall, acoustical ceilings, and paint.
Work is scheduled to commence immediately and Phase I is scheduled to take 12 months to complete.
Sugar Bay Resort & Spa in St. Thomas, Virgin Islands, was a top Caribbean resort. It was famous for its oceanfront views, upscale amenities, and all-inclusive rate. Sugar Bay Resort housed guests from around the globe. People usually question, “When will Sugar Bay Resort St. Thomas reopen??” since it is closed. While on hold for updates, browse Sugar Bay Virgin Islands photos or read about its past as Wyndham Sugar Bay St. Thomas, an island resort favorite.
Read the full article here https://www.caribjournal.com/2023/05/02/st-thomas-sugar-bay-resort-sold/
Don’t have a subscription to Caribbean Journal? Read the full article here: https://greython.com/wp-content/uploads/2023/05/Caribbean-Journal-This-St-Thomas-Resort-Has-Been-Sold-Greython-Construction.pdf
Greython Construction is a top-rated hospitality construction contractor and hotel renovation contractor near me with expertise in high-quality multifamily construction companies Los Angeles and commercial building contractors near me construction. We specialize in delivering exquisitely built hotels, multifamily buildings, and commercial buildings, focusing on smooth functioning and beautiful looks. Our people know the particular requirements of the hospitality sector and develop welcoming, effective, and high-functioning spaces. Whether it is renovating a boutique hotel or building a big commercial property, we focus on precision, efficiency, and quality. Count on Greython Construction to make your vision a reality with top-tier expertise and unwavering excellence in every undertaking.
With offices in Mystic CT, San Diego CA, St. Louis MO, St. Thomas USVI and St. Lucia, Greython Construction is a nationally and internationally recognized builder and developer. Our projects have won numerous awards due to our first-class team, attention to detail, appreciation for design, exemplary quality, and a belief that communication is the key to translating a blueprint into reality.
