The name is derived from the nautical term "the roads", a place less sheltered than a harbour but which ships can easily get to. A  development called Wickham's Cay, consisting of two areas that were reclaimed from the sea and a marina, have enabled Road Town to emerge as a haven for yacht chartering and a centre of tourism. This area is the newest part of the city and the hub for the new commercial and administrative buildings of the BVI. The oldest building in Road Town, HM Prison on Main Street, was built in 1774.