Concordia Eco-Resort Representatives “in Discussions With Very Serious Prospect”

 

Concordia Eco Resort dots the hillside above Saltpond Bay with its eco tents and studios.

 

There is a potential buyer for the Concordia Eco-resort and eco-tourism guru Stanley Selengut’s remaining property overlooking Saltpond Bay, according to persons involved in the

“We are in discussions with a very serious prospect, but it is premature to share information,” Jack Zakim of Zakim and Zakim in Hackensack, N.J., a long-time St. John property owner who is handling the sale of the Concordia property for Selengut.

The Concordia property consists of Concordia Eco-Resort, which currently consists of 42 units of evolving iterations of leading-edge design, eco-tent units and resort support facilities, including a restaurant, on 50 privately-held acres overlooking Saltpond Bay in the adjacent U.S. Virgin Islands National Park on the southeast tip of St. John and accommodates about 4,000 people annually.

Permits for an additional 64 eco-cottage units previously approved by V.I. officials are currently lapsed and would need to be reinstated. The adjoining 13 one-acre lots on the hillside above the Concordia resort property, which could be incorporated into the expansion of the eco-resort, currently have deed restrictions proscribing further subdivision.

Although Selengut has said he hoped to find a buyer who would continue his eco-tourism goals; it is not known if that will happen.
Ironically, Selengut had to close his historic Maho Bay Camps in 2013 when his long-term lease on that property expired and the property was sold to a private investor who reportedly intends to use that property for a private family compound.