SkyCity Announced as the Special Purpose Company to Redevelop Airports
The Virgin Islands Port Authority announced “SkyCity VI Airports Company” as the special purpose company to redevelop the Cyril E. King Airport and the Henry E. Rohlsen Airport as part of the public-private partnership (P3) project that is anticipated to begin next year.
2024-10-01 17:32:52 - VI News Staff
In March, the Virgin Islands Port Authority selected VIports Partners as the potential public-private partner for both the King and Rohlsen airports during a special governing board meeting. VIports Partners comprises of terminal developer- Aecon Group Inc., equity providers- Aecon and Tikehau Star Infra, airport operator- AvPorts LLC, terminal architects- Corgan Associates, Inc., contractors- Aecon, Joint Venture of Consigli Construction and J. Benton Construction, and legal team- Orrick, Herrington & Sutcliffe, LLP and Dudley Rich LLP.
According to Port Authority’s Public Information Officer, Monifa Brathwaite, SkyCity is a conglomerate of the companies that make up VIport Partners. “They are not subcontractors. The team are the same members of VIports Partners working under the name ‘SkyCity’ as a special purpose company, which is created for a specific reason. In this case the reason is to develop, finance, and operate the airports on behalf of VIPA during the lease term,” said Brathwaite.