Summary – EZC Public Hearing 20260416
1 Virgin Islands Enterprise Zone Commission Public Hearing of Thursday, April 16, 2026 Summary During the Enterprise Zone Commission (“EZC”) Public Hearing on Thursday, April 16, 2026, the Governing Board heard one (1) application presentation as follows: ❖ APPLICATIONS: • Global Solutions VI, LLC – New Application [Category – Hotel; Investment: $30,000,000; Jobs: 36; Location: St. Croix, VI] Global Solutions VL LLC (“Global Solutions”) seeks South Shore Trade Zone (“SSTZ”) tax incentive benefits as a Hotel. On September 19, 2025, Global Solutions VL LLC (“Global Solutions”) applied for the tax incentive benefits available under Title 29 V.I.C., Chapter 19, Subchapter V to conduct business and receive benefits within the SSTZ. Global Solutions has leased land within for a period of 40 years beginning August 1, 2025, with a 10-year option for renewal from the Virgin Islands Port Authority to operate a hotel. Global Solutions is located with the SSTZ on the island of St. Croix. …
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1 Virgin Islands Enterprise Zone Commission Public Hearing of Thursday, April 16, 2026 Summary During the Enterprise Zone Commission (“EZC”) Public Hearing on Thursday, April 16, 2026, the Governing Board heard one (1) application presentation as follows: ❖ APPLICATIONS: • Global Solutions VI, LLC – New Application [Category – Hotel; Investment: $30,000,000; Jobs: 36; Location: St. Croix, VI] Global Solutions VL LLC (“Global Solutions”) seeks South Shore Trade Zone (“SSTZ”) tax incentive benefits as a Hotel. On September 19, 2025, Global Solutions VL LLC (“Global Solutions”) applied for the tax incentive benefits available under Title 29 V.I.C., Chapter 19, Subchapter V to conduct business and receive benefits within the SSTZ. Global Solutions has leased land within for a period of 40 years beginning August 1, 2025, with a 10-year option for renewal from the Virgin Islands Port Authority to operate a hotel. Global Solutions is located with the SSTZ on the island of St. Croix. Global Solutions commits to employing 36 employees – 23 full-time employees, 12 part-time employees, one (1) paid apprentice employee within one (1) year of commencement of operations. Global Solutions also commits to investing a minimum capital investment of $30,000,000 in the benefited business. Global Solutions further agrees to meet all statutory and special conditions, and other applicable requirements for the grant of tax incentive benefits.