Jackson Development Company, LLC (JDC) is a USVI Limited Liability Company, formed in 2013.

JDC develops real estate and provides development services to real estate owners. Our focus is the development of vibrant, thriving and sustainable properties in the USVI.

JDC’s developments are funded from traditional debt and equity coupled with public financing and tax incentivized investment.

Funding sources for JDC developments may include private equity, historic tax credits, Low Income Housing Tax Credits (LIHTC), CDBG-DR funds, Opportunity Zone funds, tax exempt bonds, Tax Increment Financing (TIF), Hotel Incentive Act benefits and other and state / local government funding.

Jackson Development Company is the most experienced and prolific developer in the USVI.


We are committed to using our resources to develop a world class new hotel, marina and watersports recreational center soon on St. Thomas:

Our Team

Bob Jackson

Bob Jackson - Managing Member

Bob Jackson, the founder of JDC , has developed, built, renovated and preserved more than 4,500 units of multifamily housing.


Bob began his real estate development career managing the acquisition and condominium conversion of multifamily developments in New York, Pennsylvania and Florida. He also developed new construction residential projects in Pennsylvania.


In 1997, Bob founded Reliance Housing Foundation, a nonprofit affordable housing developer. He served as the CEO of Reliance from 1997-2013, acquiring, renovating and developing over 3,000 multifamily units during his tenure at Reliance.


In 2013, Bob formed Jackson Development Company, LLC which is solely focused on development in the USVI.


Mr. Jackson has been responsible, as the key principal, in developments that have included:

  • Affordable rental units 3,620 units
  • Market Rate Units 940 units
  • Condominium Conversions 1,200 units

Total Jackson projects exceed: $549,000,000

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Clifford Graham

Clifford Graham - Partner

Cliff joined Jackson Development Company as a partner after spending 24 total years working in Public Service in the Virgin Islands.


Cliff served as the Executive Director of Virgin Islands Housing Finance Authority from 2001-2011. He also served two terms as a Virgin Islands Senator (from 2013 to 2017) where he served as Chairman of the Legislature’s Finance Committee


Cliff also served as President and CEO of the West Indies Company, managing the Havensight cruise port and retail real estate associated with the port.


At the Virgin Islands Housing Finance Authority, Cliff started as a Construction Manager in the Planning and Construction Division before elevating to the position of Executive Director. In his 10 years as Executive Director, Cliff was responsible for the allocation of over $23,000,000 of Low Income Housing Tax Credits that produced over 800 affordable rental units and over 500 affordable home ownership units utilizing CDBG, HOME funds, tax exempt bonds and other federal and local government funding. Cliff is also credited with the purchase of a one-story commercial property and undertaking substantial renovation/addition to house the VIHFA on the second level.

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Kyra Hansen

Kyra Hansen - Partner

Kyra joined Jackson Development Company (JDC) in 2014 as an Executive Assistant.


She quickly grew into her current role as our Business Support Manager. Kyra was born and raised on St Thomas. She earned a B.S. degree, with a dual major in Business Administration & HR Management from DeVry University. Kyra then continued to further her education for which she received her MBA from DeVry’s Keller Graduate School of Management.


During her tenure at JDC Kyra pursued her education, earning affordable housing compliance certification as well as hands on experience learning the nuts and bolts of real estate development from the ground up. Kyra coordinates our governmental compliance filings, as well as she works with many of our third-party vendors, IT consultants, accountants, property managers, and insurance agents.


In 2020, JDC recognized Kyra as a member of the company with an equity interest.

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