The Park Hyatt (St. George's) Resort Act 2008 will be put before the Senate today for debate.

This law is the initial step in the development for a new five-star hotel, which is to be built on the former Club Med site.

This Act will allow developer Carl Bazarian, of Bazarian International, to seek financing for a $294 luxury million-hilltop resort for St. George's.

He has been given a maximum of five years to get the hotel up and running or lose his right to redevelop the land.

The Park Hyatt hotel will have 100 hotel rooms plus about 80 additional rooms that condominium owners will release into the hotel inventory for visitors looking to rent. There will also be about 30 fractional units.

St. George's Golf Course will be redesigned and improved as part of the development, after which the public will still be able to play there for reduced fees. St. Catherine's Beach will also remain open to the public.