BusinessLocal NewsNews Maloney denies misleading BNT by Emmanuel Joseph 02/12/2019 written by Emmanuel Joseph 02/12/2019 4 min read A+A- Reset Mark Maloney FacebookTwitterLinkedinWhatsappEmail 373 Businessman Mark Maloney has dismissed outright, claims by President of the Barbados National Trust (BNT) Peter Stevens that the Hyatt backers misled the organisation regarding the true nature of the revised hotel project. Four days ago, Stevens โ in an interview with Barbados TODAY โ accused the developers of misleading the trust into believing that once additional land space was acquired by Government, the height and overall scale of the hotel for Bay Street, in the City would be reduced. Stevens said the trust had therefore agreed to the construction of the newly-designed US$175 million Hyatt Ziva based on those objectives, only now to find his organisation had been โrailroadedโ. But today, a disappointed Maloney was adamant it was the national trust president who was misleading the country. โFirst of all, we never misled anybody. Let me make that clear. We donโt mislead anyone. That statement is an insult to our professional integrity. We never, at any stage told anyone that by acquiring Mrs Ramโs place, the project would be smaller,โ the prominent developer told Barbados TODAY, adding โhow can we acquire more land and do a smaller project?โ โWe said the project would be spread over a larger portion of land. What we did do is we have separate buildings. Before we had one building going around and now we have separated the buildings,โ he stated. You Might Be Interested In Crystal Beckles-Holder, 2nd runner up in regional competition GUYANA: Body of child found after gold mine collapses Barbadians asked to help with return tickets for Haitians The leading building contractor went on to explain that with the new design, there are different sized buildings which have been scaled on the extra land recently purchased. Maloney then sought to clear the air on the controversy surrounding the height of the revised project. โThis notion that the buildings are 18 storeys tallโฆis misleading people. So if he [Stevens] wants to speak about misleading, the misleading is coming from his end,โ he said. โStoreys are relative to height. Look at the height of the building. The Central Bank is 165 feet tall, but it is 10 storeys. Our 18-storey building is 190 feet. So we have an 18-storey building that is only 25 feet taller than the Central Bankโฆbut it is because the Central Bankโs floor to floor heights are so high.โ โSo in todayโs world we could build another 10 storeys in the Central Bank for the same height. So we could have a 20-storey building the same height as the Central Bank. So donโt have these people mislead the public that the height of the buildingโฆthe 18 storeys, is a big problem,โ Maloney told Barbados TODAY. However, the developer said the Hyatt buildings are not all 18 storeys. He pointed out that there is a ten-storey and a 15-storey building. โAnd the buildings are moved around on a larger property, so it doesnโt look like one big building which was there before. Not that what we did before was wrong, but it was what we did on a smaller property,โ he added. Maloney said Stevens has been involved in the discussions regarding the project because he is part of the planning talks. โNothing of the sort was ever raised in the planning meetings that we had. So we have been very opened in everythingโฆand if he wanted to raise those points he should have raised them in the meeting in the presentation we did with the planning [department],โ the developer insisted. He also responded to concerns expressed by Stevens who claimed that the construction of piers with restaurants out to sea would result in that portion of the sea being privatized. But Maloney said that any such construction could only be done in accordance with the policy of the Government, noting that other properties have piers in the sea as well and the sea bed belongs to the Crown. He also dismissed the trust presidentโs suggestion that the new Hyatt would exclude some local businesses under its all-inclusive brand. โThatโs not true. There is nothing exclusive about the project,โ Maloney stressed. In fact, he told Barbados TODAY that nothing would be done by his company, Vision Development Incorporated that is not in keeping with the social, economic, marine or heritage good of Barbados. He was emphatic that the project fell within the Governmentโs Master Plan for the area including the Pierhead and Carlisle Bay Development. โWe have hired all of the professionals that we need to hire to do all of the studies and to ensure we take into account everything that comes out of those studies in building this development.โ โWe will make whatever changes that we need to make that are in keeping with what comes out of the studies and what makes sense from a heritage, a social, an economic and a marine perspective to make sure this project is good for Barbados now and for the future,โ Maloney assured. emmanueljoseph@barbadostoday.bb Emmanuel Joseph You may also like Sarah Ann Gill remembered as champion of faith, freedom and equality 26/04/2026 DLP marks 71 years with call for renewal ย 26/04/2026 Mottley calls for renewed commitment amid global challenges 26/04/2026