Grand Opening at the Lofts at Bahama Village

City officials, partnering agencies, and the community celebrated the grand opening of the Lofts in Bahama Village this morning. The project, located at the Truman Waterfront Park, includes 98 rental and 28 homeownership affordable units.

The Lofts of Bahama Village is a joint effort between the City, AH Monroe, and VestCor. The City of Key West deeded the 3.2 acres to VestCor, which partnered with AH Monroe as a sponsor. The land was originally transferred to City ownership from the federal government in the late 90s.

"Today, we gather not just to open a new housing development, but to celebrate a promise kept, a dream realized, and a future strengthened," said Key West Mayor Danise "DeeDee" Henriquez. "The Lofts at Bahama Village are more than buildings, they are opportunity. This development gives our local workforce, our families, and our young people a chance to live, work, and thrive right here at home."

The housing is the crowning glory of the redevelopment of the old Navy property. The Truman Waterfront Park, with its soccer field, green space, waterfront promenade, and amphitheater, is the crown jewel of Key West.

"I want to thank the previous City Commissioners, the Bahama Village Redevelopment Advisory Committee, the Key West Housing Authority, the Vestcor team, the State of Florida, AH, Toppino's and every partner who played a role in bringing this project to life," said Mayor Henriquez. "Most importantly, I want to thank the residents, the people of Bahama Village, who made their voices heard and helped shape what this project would become. Your input, your pride, and your love for this community guided us every step of the way."

The Mayor and every speaker at today's ribbon cutting ceremony said whole-heartedly "Welcome home!"