The rumors about the demise of Dolphin Cove Resort are over stated.  It is alive and well and is creating a remarkable resort for the very discriminating owner.

Last month I had a conversation with a real estate contact in St. Thomas who was giving me an “update” of the real estate developments in the Virgin Islands that were in trouble.  During that conversation he stated that Dolphin Cove, the luxury development on the Red Hook side of St. Thomas, had ended it’s planned development because of the lack of capital.  I filed this information, and I was concerned because I know the managing partner very well and had not heard this “update”.

Remember, rumors are usually not true.  They are a result of one person telling another person, who tells another person, and so on, until the eleventh generation “story” has no baring on reality.  So, I contacted Dave Marriner, the managing partner of Dolphin Cove and asked him what was happening with it’s completion date.  We had a very interesting conversation about this beautiful project.  It is on track to have the first phase up by the Summer of 2009!  And, all of the approved portions of this project will be built. 

You may recall several of my past articles about this amazing development on one of the most pristine beach front properties in the Caribbean.  I have been following this project for five years, and you will not believe it.  The Dolphin House, the 5-star restaurant on the edge of the Caribbean, will be a historic “rebuild” of the home scientists used to train dolphins to find ocean mines during WW II. The location of Dolphin House provides one of the most spectacular views of Nazareth Bay and St. Croix you will ever see from St. Thomas.

The gated community of Dolphin Cove will feature two beaches, tennis courts, fresh and salt water swimming pools, a myriad of hiking trails, restaurant, and fitness center. Water sport amenities will be available at the beach that is next to the original dolphin training center. Dolphin Cove will also be a self-sufficient community, offering its own security, water treatment plant and standby generators.

Please contact me  if you would like more information about how to purchase your piece of Paradise at Dolphin Cove.