There is still no decision concerning St. George?s Renaissance Consortium?s proposal to redevelop of the former Club Med property in St. George?s.

But Government is currently reviewing the terms and conditions of the lease to the Consortium. A Ministry spokesperson said he could not say how long this process would take.

This consortium, led by Canadian-based group Quorum, proposed to create a European style cultural village that will integrate the new hotel of 126 rooms and 110 low-rise residential units, set in a public square that will initially embrace existing theatre features and ultimately additional larger stand-alone theatre facilities. Prestigious hotel chain, Four Seasons, which owns some of the most upscale hotels in the world, are set to manage the property once an agreement is reached.

The CEO and Managing Partner of Quorum, Wanda Dorosz last month met with the various parties and said afterwards that the Government had come to an agreement for employee housing ? for artist workers for cultural programming and artists in residential cottages. Although she was not at liberty to say how much. ?I believe we are not building on more than 20 percent of the land. It will be low rise Bermuda-style cottage architecture.?

The former Club Med property is marked for demolition and should an agreement be reached with the Government before the end of the summer, Ms Dorosz estimated demolition could happen as early as this fall.