Home Tags Havensight Mall
Tag: Havensight Mall
The West Indian Co., Ltd. informed employees Tuesday that a significant portion of its staff would be laid off in the coming weeks and continuing through April as it prepares for the expiration of its agreement to manage Havensight Mall.
Yacht Haven USVI sued the West Indian Company on Dec. 4 in the state of New York for $400 million, claiming WICO “conspired” to direct business away from Yacht Haven and toward Havensight Mall. Last week, WICO countersued in V.I. Superior Court.
The bulk of a meeting of the Board of Directors of the West Indian Company Thursday was taken up by unresolved issues related to the decision by the Government Employees Retirement System to terminate WICO as manager of Havensight Mall.
The Government Employees' Retirement System governing board voted to not renew the West Indian Company's management agreement for Havensight Mall.
Since the beginning of May, owners Smith and Cathy Smith have expanded their wholesale business and opened their own coffee shop in Havensight, supplying St. Thomas residents with artisanal brews that are custom blended on site.