Fifteenand9Main: Project Milestones, Status, and Historic Tax Credit Compliance
Current operational status, rehabilitation timeline, and Federal Historic Tax Credit milestones for 15 Dronningens Gade & 9 Wimmelskaft Gade.
Asset Specifications
Location & Address
15 Dronningens Gade (Main Street) & 9 Wimmelskaft Gade (Back Street), Charlotte Amalie, St. Thomas, USVI 00802.
Dual-Building Property Footprint
• Residential (9 Wimmelskaft Gade): 5 long-term downtown apartments (fully completed).
• Commercial (15 Dronningens Gade): 3 street-level retail bays (Bay A leased to CMCArts Museum Shop; Bays B & C available) plus second-floor museum space leased to CMCArts.
• Commercial (15 Dronningens Gade): 3 street-level retail bays (Bay A leased to CMCArts Museum Shop; Bays B & C available) plus second-floor museum space leased to CMCArts.
Resiliency & Building Systems
• Hurricane-rated impact glass and doors throughout.
• Active rooftop solar microgrid reducing tenant utility costs by 20%.
• Dedicated Starlink high-speed internet infrastructure.
• Active rooftop solar microgrid reducing tenant utility costs by 20%.
• Dedicated Starlink high-speed internet infrastructure.
Certificates of Occupancy
• Residential: Occupancy permit approved November 1, 2025.
• Retail: Final occupancy coordinated directly with tenant build-outs.
• Retail: Final occupancy coordinated directly with tenant build-outs.
Project Milestones
Completed Milestones
- ✔ CMCArts Anchor Lease Signed: 2nd floor dedicated to the Charlotte Amalie Museum and Bay A to the Museum Shop.
- ✔ Residential building full rehabilitation complete; Certificate of Occupancy approved.
- ✔ Historic Danish-style hip roof rebuilt to modern wind load and hurricane specifications.
- ✔ Rooftop solar microgrid active and interconnected.
Active & Ongoing
- • Commercial Bays B & C: Active leasing and walkthroughs for boutique and flagship retail.
- • Museum Build-Out: Interior flooring, lighting, and gallery curation by CMCArts.
Historic Tax Credit Compliance
Fifteenand9Main is executed under the Federal Historic Preservation Tax Incentives Program, administered by the National Park Service (NPS) and the Virgin Islands State Historic Preservation Office (VISHPO).
- Part 1 (Evaluation of Significance): Approved.
- Part 2 (Description of Rehabilitation): Approved — confirms work complies with the Secretary of the Interior's Standards for Rehabilitation.
- Part 3 (Request for Certification of Completed Work): Scheduled upon final tenant build-out completion.