Clive Rivers Testimony — Comm of The Whole, 29 October 2025
Law Offices of Clive Rivers Attorney at Law 8000 Nisky Shopping Center, Suite 233 Tel: 340.776.4666 Notary Public St. Thomas, VI 00802-5858 Fax: 340.776.4525 Email: ccrivers64@gmail.com October 29, 2025 The Honorable Milton Potter President of the 36th Legislature of the Virgin Islands and Members of the Body Capitol Building Charlotte Amalie St. Thomas, VI 00802 Dear Honorable Senators of the Thirty-Sixth Legislature of the United States Virgin Islands, My name is Clive Rivers, and accompanying me is Mr. Torian Priestly, Chief Development Officer of The Benoit Group, LLC. Before proceeding with our presentation, we would like to extend our sincerest gratitude to this esteemed body for allowing us the opportunity to appear before you today. This initiative began approximately three years ago, and we are grateful to have reached this stage in the process. Our ultimate goal is to increase the availability of affordable rental housing units on St. Thomas. …
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Law Offices of Clive Rivers Attorney at Law 8000 Nisky Shopping Center, Suite 233 Tel: 340.776.4666 Notary Public St. Thomas, VI 00802-5858 Fax: 340.776.4525 Email: ccrivers64@gmail.com October 29, 2025 The Honorable Milton Potter President of the 36th Legislature of the Virgin Islands and Members of the Body Capitol Building Charlotte Amalie St. Thomas, VI 00802 Dear Honorable Senators of the Thirty-Sixth Legislature of the United States Virgin Islands, My name is Clive Rivers, and accompanying me is Mr. Torian Priestly, Chief Development Officer of The Benoit Group, LLC. Before proceeding with our presentation, we would like to extend our sincerest gratitude to this esteemed body for allowing us the opportunity to appear before you today. This initiative began approximately three years ago, and we are grateful to have reached this stage in the process. Our ultimate goal is to increase the availability of affordable rental housing units on St. Thomas. The process has required: e Careful site selection ¢ Identification of funding sources e Development of a comprehensive plan e Securing a lease term sufficient to support financing e FAA approval, and e Rezoning from P—Public to R-3 Residential classification The proposed project envisions the construction and management of approximately 126 low- and moderate-income rental units on Parcel Estate Lindbergh Bay, Nos. 68A and 4A, Southside Quarter, St. Thomas, Virgin Islands—commonly known as the former Thatch Farm property. This represents a total investment of $66 million. We anticipate minimal impact on the existing infrastructure of the area. In fact, the development is expected to stimulate immediate economic growth, generating employment, sales, and service opportunities in the short term, and creating a long-term economic shift that benefits the broader community. We respectfully request your approval of the rezoning application to allow this much- needed housing initiative to proceed. Our team stands ready to answer any questions the Legislature may have. With sincere appreciation, Very kindly, Clive Rivers