The official transfer of the historic John G. Eman building, located at Caya G.F. Betico Croes 41, represents a major milestone in Aruba’s efforts to preserve and restore its architectural and cultural heritage for future generations.
The building, constructed in 1925 by visionary entrepreneur John G. Eman, stands at the origin of what later became Aruba Bank. For decades, it served as one of the island’s most prominent banking institutions and played a central role in Aruba’s economic and social development.
During the official handover ceremony, Stichting Monumentenfonds Aruba (SMFA) formally received ownership of the building from Aruba Bank N.V., in the presence of Prime Minister Mike Eman, Minister of Finance, Economic Affairs and Primary Sector Geoffrey Wever, and representatives of the Eman family. The event underscored the importance of public–private cooperation in safeguarding Aruba’s historic legacy.
Prime Minister Eman highlighted the symbolic value of Caya G.F. Betico Croes, often referred to as the “main artery” of the country. He stated that Aruba’s development cannot be fully restored or revitalized without restoring this historic street, which connects generations, neighborhoods, and the island’s past with its future.
The transfer of the John G. Eman building is seen as a crucial step in the broader revitalization of downtown Oranjestad, particularly the Nassau Street / Caya Betico Croes area. Beyond physical restoration, the project aims to revive the cultural and social spirit of the city center, reconnecting Oranjestad with its waterfront and historical identity.
Minister Wever emphasized that, despite challenges and limited initial support, consistent determination and vision have kept the revitalization of Caya Grandi on the national agenda. The restoration of this iconic monument is a direct result of that long-term commitment.
The Prime Minister expressed pride in the project, noting both his personal connection and, more importantly, the collective goal of serving the common good. He concluded by wishing the people of Aruba success and unity as the island moves into 2026, guided by determination, heritage preservation, and sustainable development.
Update — October 1, 2026: Execution phase to start mid-October
The project to restore and give a new destination to the historic John G. Eman building on Caya G.F. Betico Croes is preparing to enter its execution phase. According to Minister of Finance, Economic Affairs and Primary Sector Geoffrey Wever, work is scheduled to begin in mid-October.
The project forms part of the government’s vision to revitalize downtown Oranjestad. In December 2024, Minister Wever signed a letter of intent with Aruba Bank, Stichting Monumentenfonds Aruba and the Nationaal Restauratiefonds to transfer the landmark building to the Monumentenfonds. Once restored, it is to house the Central Bureau of Statistics (CBS) and the Social Economic Council (SER), alongside an apartment and hospitality space with a terrace on the ground floor facing Caya G.F. Betico Croes.
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