From our inception in the aftermath of Hurricane Hugo in 1989, community revitalization has been a priority for the St. Croix Foundation. More than 27 years later, with a total investment of over $12 million dollars, we still firmly believe that the rehabilitation of our towns will provide the economic stimulus to ensure a healthier and more livable community. The Foundation’s comprehensive revitalization initiatives, like the rehabilitation of Sunday Market Square and our Scrape, Paint, Rejuvenate Program, are a testimony to our belief that healthy towns sustain healthy communities and have been recognized by the International Downtown Association and the Council on Foundations.
Today the Foundation’s vision is centered on the complete rehabilitation of the Alexander Theater as a cultural performing arts center that will provide educational and economic opportunities for downtown Christiansted and finalizing the restoration of all of the Foundation’s properties.
Sunday Market Square
In 1998, through the acquisition of several abandoned buildings, previously owned by a bankrupt Community Development Corporation, St. Croix Foundation committed itself to reviving the once healthy commercial center historically known as Sunday Market Square. As the official entrance to downtown Christiansted, Sunday Market Square has for centuries served as a center of commerce and a communal meeting place for slaves and freed coloreds. It remained a gathering spot among St. Croix’s residents through the mid-1900s. However, after several decades of neglect and social decay, coupled with the devastation of Hurricane Hugo in 1989, the Square became host to seedy elements in the community. To date, St. Croix Foundation has restored four of our properties in Sunday Market Square all of which are now occupied with viable commercial businesses.
Scrape, Paint, Rejuvenate! – As part of our commitment to rebuilding our historic towns, St. Croix Foundation developed and implemented the Scrape, Paint, Rejuvenate Program in 2001, which provides grants to property owners in our historic town of Christiansted for exterior renovations. The program, which has been expanded to Frederiksted town on St. Croix and to Charlotte Amalie on St. Thomas, has awarded over $750,000 to over 300 property owners to rehabilitate their buildings as well as clear overgrowth and trash from vacant lots.
Small Business Incubator & Resource Center – Maintaining our commitment to economic development, in 2009, St. Croix Foundation launched the Territory’s first Small Business Incubator in Sunday Market Square with the goal of strengthening burgeoning small businesses- the core of every community’s economic vitality. Today our Business Incubator provides cost-effective, fully equipped office space for new and emerging small businesses and nonprofits. Our Incubator also contains a twenty-seat conference room with video/internet capabilities that can be reserved by contacting the Foundation at 340.773.9898.
22A King Street – As part of our restoration of Sunday Market Square, in 2001, this property underwent extensive repairs and now currently houses a nonprofit organization and businesses.
35 King Street – The Virgin Islands Police Department’s Christiansted Bike Patrol Unit has utilized part of the first floor of this property free of charge since 2002 and has been an important component of the revitalization of the Square. The Foundation has renovated the exterior walls of the building but needs additional funds to complete the 2nd floor interior renovations The VIPD Bike Patrol has saved over $46,000 in rental fees.