The sole objector to the plans was a Pembroke resident who believed the complex would "tower over'' the entrance to the city and mar harbour views.

Seon Place Limited will take up two lots of land next to Dismont Robinson's liquor store, totalling 28,880 square feet.

To make way for it, Seon Lane will be concreted in and moved to the west side of the complex.

An underground parking lot and grand marble lobby with waterfalls are also planned.

Premier the Hon. Sir John Swan and resident Austrian millionaire Mr. Wolfgang Flottl are among Seon Place's developers.

The Development Applications Board approved a smaller version of the complex last year.

This week though, it gave the green light to a revised set of plans submitted on January 26 after developers acquired the property next door to the 14,000-square-foot vacant lot they initially intended to build Seon Place on.

The complex will now be nearly twice the size of the original.

The 14,000-square-foot lot, next to Dismont Robinson's was the source of raging controversy a decade ago when a traditional two-storey building on it was demolished.

It has remained vacant ever since.

The underground parking lot and a basement will likely take up two-thirds of the complex's eight floors.

It is expected to be four to five floors high at street level, with access from both Front and Reid Streets.

It is understood that Mr. Flottl, a Tucker's Town-based investment banker, will use part of the premises as headquarters for his international business empire.

The development project was officially announced two years ago.

However, the plans had to undergo minor revisions following receipt of objections, including one from the Bermuda National Trust.

The local firm of Barker and Linberg are the architects designing Seon Place.

The management company is Challenger Banks Limited, headed by Mr. Leon Simmons who is a shareholder of Seon Place Limited and president of its board of directors.

Both Mr. Simmons and the Premier were off the Island yesterday and unavailable for comment.

Lone objector Mrs. Margaret Lloyd, who recently fought to halt the demolition of Bermuda home Overbay on Pitts Bay Road, lives behind the proposed development site on Fort Hamilton Drive.

Her main concern was the size of the planned complex.

But she also did not want it to go down in records that nobody objected.

Mrs. Lloyd, a Trust member, took a series of photographs of the area and roughly penned in the outline of Seon Place. She said: "I believe it will tower over the approach to Hamilton and look enormous from the Paget shoreline. I suspect it might also block most of my view of the harbour.'' Conditions of approval included landscaping within three months of completion and replacement of any trees removed or damaged and separate application for a building permit.