Senate override releases funds for Vessup Beach purchase Lowenstein claims $3 million earmarked for buy not nearly enough as battleground shifts to appraisal

ST. THOMAS - Senators mustered just enough votes Tuesday to override Gov. Charles Turnbull's veto of legislation that appropriates $3 million to buy 17 acres of East End land near Vessup Beach to protect it from development.

The V.I. government now will move to acquire the land by eminent domain - much to the dismay of developer Alfredo Lowenstein, who is set to close on the property next week. Lowenstein's plans for the area include a 50-room hotel, 130 condominium units, his own private residence, redevelopment of the Vessup Beach marina and a restaurant.

And the government may not be able to stop him.

To acquire land by eminent domain, the government must pay fair market value and must use the land for parks, public recreation areas or preserves. The bill sets aside only $3 million. Lowenstein says the property is worth as much as $18 million.

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