St. Croix to Gain Large-Scale Recycling Hub as EDA Confirms Contractor for Fleming Building Project
During Thursday’s meeting, the Economic Development Park Commission (EDPC), which is part of the Economic Development Authority (EDA), advanced two significant initiatives: it approved lease negotiations to establish large-scale plastic recycling operations on St. Croix and validated the selection of a contractor to complete hurricane-related repairs on a historic building in Frederiksted.
2025-09-12 20:03:21 - VI News Staff
Commissioners gave the green light for RePlastic Recycle LLC to move into Building 3 at the William D. Roebuck Industrial Park, a 20,000-square-foot space currently occupied by the Federal Emergency Management Agency until December. The company, which already operates in a smaller facility, will expand its work on plastic recycling and upcycling. “We say it as a great opportunity to get one tenant in as soon as another one is leaving,” said Mark Finch, Director of Physical Plant.
Finch emphasized the importance of plastic recycling on St. Croix, noting that the company produces items such as signage, furniture, and even beer taps for a local brew pub using recycled materials. The larger space will allow RePlastic to handle greater volumes of plastic.
To support the company’s relocation, the EDPC will grant a three-month rental abatement while the tenant retrofits the space. RePlastic will pay common area fees during that time. Lease negotiations will begin at $10 per square foot, with a two-year rent freeze before annual increases tied to inflation. “Happy that we’re looking to move forward with something like this,” said Commission Chair Kevin Rodriguez. “Shows great support for the industry and as well for the Virgin Islands community.”