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Charlotte Amalie
Tuesday, March 28, 2023


Jeffrey Prosser, owner of Innovative Communications Corp., is expanding his Virgin Islands holdings by buying the Carambola golf course on St. Croix.
The purchase will bring Prosser’s property holdings to about 3,000 acres, making him the largest private landowner in the Virgin
Islands, according to the Daily News, which Prosser also owns.
Carambola, formerly known as Fountain Valley, was purchased by current owner Jake Jacobus from the Rockefeller family in 1984.
ICC spokesman Ed Crouch would only say the company is “under contract” with Jacobus's representatives, the Daily News story said. He would not discuss the selling price or any plans for the 2,800-acre parcel, which includes the golf course and land leased to cattle rancher Han Lawaetz for grazing.
When the property was first listed for sale, the asking price was $30 million, the story notes.
Marketing material, including a website (www.carambolaproperty.com), indicates there is room on the property for four major hotel sites, an additional 27-hole golf course, 4,000 single and multifamily dwellings and
“potential for a casino.”
The property does not include the Carambola Beach Resort, which is under separate ownership.
ICC is the parent company of the V.I. Telephone Corp., the Daily News, St. Thomas-St. John Cable Co., St. Croix Cable TV, Vitel Cellular, Vitelcom, and cable and cellular properties in the British Virgin Islands and St. Martin.
Prosser also owns the V.I. Community Bank in St. Croix.

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