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Lockhart Announces New Look for Drake's Passage.


ST. THOMAS, U.S.V.I.--(BUSINESS WIRE)--July 24, 1998--Lockhart Caribbean Corporation ("Lockhart Lockhart is the name of: Places
In the United States:
  • Lockhart, Alabama
  • Lockhart, Florida
  • Lockhart, South Carolina
  • Lockhart, Texas
  • Lockhart Township, Minnesota
  • Lockhart Stadium
In Australia:
 Caribbean") announced its subsidiary, H. E. Lockhart Management, Inc. ("HELM), has received approval from the Historic Preservation Historic preservation is the act of maintaining and repairing existing historic materials and the retention of a property's form as it has evolved over time. When considering the United States Department of Interior's interpretation: "Preservation calls for the existing form,  Commission, as well as permits from the Department of Planning and Natural Resources, for refurbishments to its 33,000 square foot historic downtown Charlotte Amalie Charlotte Amalie (əmäl`ē), town (2000 pop. 11,044), capital of the Virgin Islands of the United States, on St. Thomas Island. It is the commercial center of the islands, a free port, and a popular tourist resort.  shopping mall, Drake's Passage.

The building stretches from Main Street to the Waterfront on the cruise ship harbor, and is the only air conditioned mall in the downtown district.

"It's a plus for downtown Charlotte Amalie, local and tourist shoppers, and our tenants. Improving the look of Drake's Passage is a win-win situation, as we see it," stated John P. de Jongh, Jr., President and COO (Cell Of Origin) See mobile positioning.  of Lockhart. "We've spent a great deal of work and planning on this project. Drake's Passage is one of the cornerstone cornerstone

Ceremonial building block, dated or otherwise inscribed, usually placed in an outer wall of a building to commemorate its dedication. Often the stone is hollowed out to contain newspapers, photographs, or other documents reflecting current customs, with a view to
 Lockhart properties, acquired in 1920, containing nearly 30 retail stores and six office tenants under one very large roof, in St. Thomas' historic downtown shopping district."

"We're upgrading the entire passage and courtyard For alternative meanings of the word "court", see: Court (disambiguation).

A court or courtyard is an enclosed area, often a space enclosed by a building that is open to the sky.
 area, enhancing our Main Street and Waterfront facades, and organizing and improving our tenant and mall identification signage," noted Etienne R. Bertrand, HELM's Senior Vice President-Development.

"We're very excited about the improvements, which were worked through carefully and with the assistance and guidance of the Historic Preservation Commission. We believe they will contribute to a more attractive, appealing downtown shopping area," continued Mr. Bertrand.

The entire building will be freshly painted in its existing cream color; and all the doors, from Main Street to the Waterfront and in the alleys will be painted a new, approved, historic color, which is a deep red. A new wrought iron wrought iron: see iron.
wrought iron

One of the two forms in which iron is obtained by smelting. Wrought iron is a soft, easily worked, fibrous metal. It usually contains less than 0.1% carbon and 1–2% slag.
 gated entrance on the Waterfront entrance to Drake's Passage will be installed, and the Main Street entrance will be made more visibly prominent.

Tied in with the work on the building will be the completion of a Waterfront cafe.

Additional improvements included in the project are colorful new interior and exterior signs that include the building identification, individual tenant signs, and directories.

New floor tiles will be laid from the Main Street entrance of Drake's Passage, through the interior passage of the mall and the courtyard, and out to the Waterfront sidewalk A Microsoft service that was launched in 1997 to provide online arts and entertainment guides on the Web for major cities worldwide. In 1999, Microsoft sold Sidewalk to Ticketmaster, which continued to provide guides, ticketing and other information to the MSN network. .

New, historic-style light fixtures will be wall-mounted in Trompeter Alley alley

an area in a cow barn identified by its particular purpose such as a loafing alley, a walking alley or feeding alley.
 and the Waterfront courtyard, and there will be new lighting in the interior passage of the mall. Landscaping and trees will be planted within the interior passage, as well.

HELM expects to begin work in early August.

Lockhart Caribbean Corporation, headquartered on St. Thomas, is also the largest owner of shopping centers shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  in the U.S. Virgin Islands, and is one of the largest owners of undeveloped land on St. Thomas, variously zoned for commercial and residential development.

The company, through various wholly-owned subsidiaries, owns, operates, and develops shopping centers and other commercial real estate, primarily on the islands of St. Thomas and St. Croix. Lockhart currently owns and operates seven shopping centers and one commercial park, and has seven additional projects in various stages of development.

Inquiries can be made directly to Lockhart's President, John P. de Jongh, Jr., at the Lockhart Caribbean Corporation's offices, telephone no. 340-776-1900, facsimile no. 340-776-1940, email lockhart@lockhart.com, website http://www.lockhart.com.

CONTACT: Lockhart Caribbean Corp.

John P. de Jongh, Jr.

340/776-1900, fax: 340/776-1940

www.lockhart.com
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 24, 1998
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