The owners of about five acres in Coral Bay, just behind the Domino gas station, have won approval from the Coastal Zone Management Committee to build a new shopping center.
The Virgin Islands Daily News reported the project will $2.9 million and include, "A new home for an expanded Love City Mini-Mart, five residential units, vendor kiosks, commercial space, tennis court, basketball court, outdoor theater, toddler play area, two windmills, three freshwater wells and 70 parking spaces."
Never mind that Coral Bay's Cocoloba shopping mall was completed just two years ago and has been for sale for months. Or that two other shopping centers (Greenleaf Commons and Palm Plaza) are also for sale.
Just seems strange to build another project when there's so much available, already done. Maybe it's the 'residential units' and 'outdoor theater' that will make this venture successful. Seems to me there's already more retail space supply than the market wants.