Developer Carl Bazarian said yesterday that construction on a new Park Hyatt resort at the old Club Med site in St George’s could finally begin by the end of the year as part of revised plans and a renewed commitment to the project.Mr Bazarian told The Royal Gazette a new plan is being worked on with the Hyatt corporation that will see just a hotel and amenities built on the site as part of a first phase. The hotel could be open by early 2015, he said.Back in the US last night, Mr Bazarian said phase one would include the proposed Nick Faldo golf course as well as a spa and meeting space. He said the new hotel would have 130 to 150 rooms.Original plans for the resort called for a 100-room hotel, more than 100 residences, and approximately 30 fractional units.His announcement yesterday followed a series of meetings in Bermuda this week with Government officials. Hyatt officials were also on the Island. Mr Bazarian also met with St George’s Mayor Kenneth Bascome.“As we mentioned last week, we have been working on ways of addressing the challenges in Bermuda when it comes to the high cost of developing a luxury hotel, the pace of its construction and the efficiency of its operation,” Mr Bazarian said.“In this worldwide real estate recession, we are working with Hyatt on a game plan that is a stand-alone hotel without any reliance on real estate sales in phase one which will accelerate project construction.“We expect this could deliver even more luxury hotel keys for St George’s on a cost-effective design basis. This week we also met with our Bermuda construction manager to review the costs for a stand-alone hotel phase one approach. These are the areas where hotels new and old have had challenges in Bermuda and I think we have come to a plan that addresses each of these challenges and creates a truly sustainable destination resort for St George’s and Bermuda.”Mr Bazarian added: “We met early on with Mayor Bascome to apprise him of the new approach in order for him to inform the St George’s community. It was an open and constructive meeting. We also met with Government this week to update them on our plans and everyone seems supportive and excited about the direction we are heading in. Hyatt is also with us this week and is as committed to the project as ever.”Mr Bazarian said as a result of the round of talks, "I am confident we will begin the permitting process by late October and, depending upon the approval process and permitting, we will start construction on the resort by the end of the year. If all goes as planned, we would have the hotel open and running by early 2015.“We appreciate the patience of everyone in St George’s and Bermuda — we know these are hard times and appreciate the tremendous responsibility of development of this precious Bermuda asset.”Mr Bazarian’s latest statement on the proposed resort comes after Tourism Minister Wayne Furbert last week took back a remark made on TV news that the contract with the developer had been terminated.Mr Furbert said after: “What I meant to say is that the time period for the agreement has expired and that the agreement has lapsed. We are fully committed to a hotel in St George’s.”A spokesman for the Tourism Minister said he had “no comment’ on Mr Bazarian’s announcement yesterday.UBP St George’s MP Kim Swan last night charged that the “PLP Government has abrogated its responsibility” over the Hyatt deal.“The people of Bermuda must be asking themselves who is running Bermuda,” Mr Swan said. “Especially after developer Mr Carl Bazarian, who is already in breach of his lease, and fresh on the heels of the Minister of Tourism's statement that he mistakingly stated that Mr Bazarian's lease had been terminated, can fly to Bermuda and make an announcement about a scaled down plan for the Park Hyatt development without showing any plans to the public or without any reference to the lease of 125 acres of public lands for 262 years and without a "Dickie Bird" from the Government.”Mr Swan added his colleague Charles Swan has identified that Mr Bazarian is in breach of his lease, but continues to be met with Government silence.“It is important to remind the public that the PLP Government were not willing to table and debate the lease in the House of Assembly in 2008 as urged by the United Bermuda Party. The lease is separate. It is distinctly different to the Park Hyatt Act which was passed in Parliament in 2008. For the developer to be making an announcement and speak on the Bermuda Government's disposition on the matter, whilst the Government continue to remain silent, is totally unacceptable. We are less than three months before the Premier must call an election and the PLP Government allowing Mr Bazarian to speak for them is totally unacceptable.”The old Club Med hotel on the site was demolished in 2008 to make way for the proposed Park Hyatt.Mr Bascome said this week that it may be time for Government “to put some pressure on Mr Bazarian to prove that he is committed to build or look to enter into a contract with other parties to get it built”.He was speaking after the Bermuda Environmental Sustainability Taskforce last month claimed the terms of the agreement between Bermuda and Mr Bazarian on the construction of the proposed Park Hyatt resort had not been adhered to “given that construction was to have begun by August 2012”.But the Bazarian group hit back, saying: “Any suggestion that we are falling short on our responsibility of delivering a luxury hotel to St George’s is categorically inaccurate.”Park Hyatt, after signing on to manage the resort, announced in October 2010 that it was investing a “significant” amount into the then $300 million development, in officially agreeing to become an “equity stakeholder” in the project.