PSV to undergo redevelopment

Petit St Vincent, a small private island and favoured superyacht anchorage in the archipelago of St. Vincent in the Grenadines, has new owners.

Better know by yacht crew as PSV, the Caribbean island, which is now the property of Freedom Resorts Ltd, is to undergo a massive luxury redevelopment project to create one of the region’s most attractive high-end five star destinations.

New plans for the resort include significantly upgrading existing accommodations, building a new relaxed beach restaurant, a spa pavilion with six treatment rooms and a children’s club. Work on the new development will commence on 1 May next year with the new look resort due to open to guests on 31 October 2011.

Opened in 1968, the island is currently home to a boutique style resort with 22 cliff side or beach front villas.