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USVI real estate – U S Virgin Islands real estate and homes. St Thomas, St John and St Croix properties.

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Some information on the U. S. Virgin Islands

Although there was some evidence of inhabitants on St. John as early as 1100, no lasting settlements existed until the Danish took possession of St. John in 1694. They established the first permanent European settlement near Coral Bay, attracted by the lucrative prospects of cultivating sugar cane.

By 1733, there were 109 cane and cotton plantations covering the island. As the plantation economy grew, so did the demand for slaves, who were essential to sugar production.

Under the auspices of the Danish West India Company, St. Thomas became the center of the slave trade with Africa. But the slaves soon revolted, killing all the whites on the island in 1733. French troops from Martinique, not Danish troops, subdued the slaves.

Sugar production continued for more than a century, effectively ending with the emancipation of the slaves in 1848. The United States purchased the Virgin Islands from Denmark in 1917. Bay rum production, cattle and subsistence farming were the main occupations until tourism discovered St. John in the 1930s.

Word of the untouched paradise on St. John spread in the 1930s, and in 1956 the Rockefeller interests bought land and gave it to the Federal Government for a national park, forming the Virgin Islands National Park.

More than half of the land on St. John lies within the park boundaries. The rest is small towns, shops, homes and private lands. In 1962, the park was enlarged to include 5,650 acres of submerged lands off the island.

The Virgin Islands Coral Reef National Monument was proclaimed in 2001 that includes 12,708 acres of federally owned submerged lands off the island.

 

 

Virgin Islands Real Estate was last modified: October 30th, 2014 by ben4wp

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