WITH THREATS OF LEGAL ACTION looming, Prime Minister Freundel Stuart seems to be coming closer to a final decision on the controversial Hyatt Hotel.
Yesterday morning, Stuart, who has direct responsibility for the Town and Country Development Planning Office, toured the site where the US$100 million, 15-storey tourism investment is expected to be constructed on Bay Street, The City.
Accompanied by members of his security detail and officials of the Town and Country Development Planning Office, including Chief Town Planner Mark Cummins, the Prime Minister engaged in discussions with the group as they huddled during periods of intermittent rain.
The Hyatt property has been in the pipeline for almost eight years, but the issue blew up in July when Mark Maloney and James Edghill, directors of Vision Development Inc., the company behind the project, and Patrick McCudden, Hyatt Hotels and Resorts’ senior vice-president and head of corporate development and construction, announced they had signed an agreement that would see construction of the international hotel on Lower Bay Street started this month. (GE)
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