Lured by congressionally authorized tax credits and other financial incentives after Hurricane Katrina, a procession of developers announced plans to build high-rises.
Adding to the tension for commercial investors: Construction and insurance costs have soared.
At least one big plan — a $400 million proposal by Donald Trump to construct the city‘s tallest building — is going [...]
Donald Trump will be in town Thursday to mark completion of the hotel portion, up to the 29th floor, of the 92-story, $850 million Trump International Hotel & Tower overlooking the Chicago River.
The hotel is scheduled to open in December.
Trump will also be trying to generate sales of residential units in the building. Usually, [...]
Talon International Development Inc. and joint venture partner Donald Trump have secured financing for the construction of Trump International Hotel & Tower, Toronto. The project (pictured), which marks the Trump International Hotel & Tower brand’s debut outside U.S. borders, carries a total development price tag of approximately $500 million.
Raiffeisen Zentralbank osterreich AG, Austria’s third largest [...]
S&P Destination Properties, a new Canadian real estate servicing firm, plans aggressive growth in Thailand with a target to sell resort properties worth up to US$150 million (5.7 billion baht) in the first year of business.
Although the company is still in the process of establishing itself here, it already has its first project _ [...]
Developer Donald Trump and Los Angeles-based real estate investment company Irongate Development plans to build a $200 million luxury resort in northern Baja, Mexico.
The partners plan to start construction by year-end on Trump Ocean Resort Baja, a hotel-condominium on Punta Bandera with 526 suites that may be offered for rent when they are not being [...]
The Ritz has trumped Trump.
The Ritz-Carlton Residences, a high-end condominium project planned on Michigan Avenue, has unseated Donald Trump’s skyscraper on the Chicago River as the most expensive new condo development in the city.
The Ritz-Carlton project sold for an average price of $1,076 a square foot in the second quarter, compared with $1,040 a square [...]
Officials of New York City’s Trump Organization announced it would partner with Los Angeles-based Irongate Capital Partners to develop Trump International Hotel and Tower Waikiki Beach Walk, a combination of 460 hotel rooms and condominium residences. The upscale property will be part of the greater Waikiki Beach Walk development, an endeavor being undertaken by [...]
