Today "The Donald" has broken ground at the Trump Tower of Tampa, but sadly he couldn't attend because his wife is about to have a baby! But the lady of the Apprentice 3 was there but I just can't wait till this building is finished because it'll be the Tallest building on the Gulf Coast for a short time of course lol!
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Trump Tower
Started by
gjoseph
, Mar 02 2006 07:47 PM
25 replies to this topic
#2
tampamobster21
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Posted 05 May 2006 - 09:19 PM
I honestly can not wait until this building is built, because after it Tampa developers are going to be searching for new ways to top Trump.
#3
jnfl22
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Posted 09 June 2006 - 09:06 PM
I wonder if this thing will ever really get built. They still don't have financing in place for the vertical work.
#4
SkyDave
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Posted 10 June 2006 - 12:31 PM
With the TRUMP name on it, and the robust sales, you can rest assured it will be built
#5
otcstockfund
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Posted 02 July 2006 - 07:38 PM
SkyDave, on Jun 10 2006, 12:31 PM, said:
With the TRUMP name on it, and the robust sales, you can rest assured it will be built
saw on the news today that its looking like it won't get built.
#6
Dale
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Posted 02 July 2006 - 07:55 PM
Evidentally, the site was crawling with activity as early as yesterday.
This according to another forum.
This according to another forum.
#7
jnfl22
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Posted 20 August 2006 - 09:36 AM
This project is on the verge of failure..... still no financing. August 19th article from Tampa Tribune http://news.tbo.com/...GBAKS1H1RE.html.
It is pretty obvious why banks don't want to touch this... it's overpriced for the Tampa Bay market (even condos on the beach don't cost as much as Trump Towers priciest units), it's in a bad location on a polluted river in a dead area of downtown Tampa, and the banks are worried about getting stuck with this expensive piece of junk once buyers (investors) start walking away from their deposits.
It is pretty obvious why banks don't want to touch this... it's overpriced for the Tampa Bay market (even condos on the beach don't cost as much as Trump Towers priciest units), it's in a bad location on a polluted river in a dead area of downtown Tampa, and the banks are worried about getting stuck with this expensive piece of junk once buyers (investors) start walking away from their deposits.
#8
Dale
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Posted 20 August 2006 - 11:34 AM
jnfl22, on Aug 20 2006, 09:36 AM, said:
This project is on the verge of failure..... still no financing. August 19th article from Tampa Tribune http://news.tbo.com/...GBAKS1H1RE.html.
It is pretty obvious why banks don't want to touch this... it's overpriced for the Tampa Bay market (even condos on the beach don't cost as much as Trump Towers priciest units), it's in a bad location on a polluted river in a dead area of downtown Tampa, and the banks are worried about getting stuck with this expensive piece of junk once buyers (investors) start walking away from their deposits.
It is pretty obvious why banks don't want to touch this... it's overpriced for the Tampa Bay market (even condos on the beach don't cost as much as Trump Towers priciest units), it's in a bad location on a polluted river in a dead area of downtown Tampa, and the banks are worried about getting stuck with this expensive piece of junk once buyers (investors) start walking away from their deposits.
Except that I thought the project had nearly sold out.
#9
tampasteve
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Posted 20 August 2006 - 01:08 PM
The project is nearly sold out, in fact it is 80% sold out. It is true that it looks like it could be a while before this gets built, but mark my words, it will be built. It is not that banks will not finance it, it is that the owners are not agreeing to what the banks are offering; if one reads the article in its entirety you can see that. It is only a matter of time before the right offer is given and the building gets off the ground again. I find it hard to believe that most of the investors are going to walk away from this. Many put deposits of nearly one million dollars, that is a sizable investment no matter how rich you are. The building would have to have more trouble than it is for a majority of investors to walk away from the project.
As for this being a dead area of down town that is just plain misinformed. This is a very good place for such a project. It is within walking distance of many DT attractions and commercial buildings, and it is not too far from the trolly when it gets expanded. Actually, most all of DT is growing at remarkable rates. Anyone that takes a drive or a walk through the area will be able to see that plainly.
Steve
As for this being a dead area of down town that is just plain misinformed. This is a very good place for such a project. It is within walking distance of many DT attractions and commercial buildings, and it is not too far from the trolly when it gets expanded. Actually, most all of DT is growing at remarkable rates. Anyone that takes a drive or a walk through the area will be able to see that plainly.
Steve
#10
tampasteve
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Posted 23 August 2006 - 06:31 AM
Well, it looks like Mr. Trump is standing behind his project in Tampa more and more. Now he has offered to buy out the developer's stake in the project. If this is not a vote of confidence for the project and Tampa in general then I do nto know what else would be! It looks like this project will be completed, and it Mr. Trump has a say it will be sooner rather than later!
Tampa Tribune Article
Steve
Tampa Tribune Article
Steve
#11
AuLukey
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Posted 25 August 2006 - 11:35 PM
tampasteve, on Aug 23 2006, 08:31 AM, said:
Well, it looks like Mr. Trump is standing behind his project in Tampa more and more. Now he has offered to buy out the developer's stake in the project. If this is not a vote of confidence for the project and Tampa in general then I do nto know what else would be! It looks like this project will be completed, and it Mr. Trump has a say it will be sooner rather than later!
Tampa Tribune Article
Steve
Tampa Tribune Article
Steve
That's awesome news. I'm glad to see Trump has really been expanding his business (and namesake) into the south.
#12
jnfl22
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Posted 29 August 2006 - 08:38 AM
tampasteve, on Aug 23 2006, 08:31 AM, said:
Well, it looks like Mr. Trump is standing behind his project in Tampa more and more. Now he has offered to buy out the developer's stake in the project. If this is not a vote of confidence for the project and Tampa in general then I do nto know what else would be! It looks like this project will be completed, and it Mr. Trump has a say it will be sooner rather than later!
Tampa Tribune Article
Steve
Tampa Tribune Article
Steve
Mr. Trump buying the current developer out would definitely be a positive development, because I do not think the current developer is going to find financing for years now that we are in the early stages of a major housing bust.
#13
jnfl22
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Posted 12 October 2006 - 06:32 PM
Another nail in the coffin for the Trump Tower Tampa project.... http://www.sptimes.c...p_Tower_g.shtml
#14
tampasteve
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Posted 13 October 2006 - 08:55 AM
I do not see that as a nail. It is not good news, but nor is it bad. That sale gives cash to be used, and that is good. That was not Sim Dags only office in the area as they have one (at least) in Pinellas county as well. We shall see......
Steve
Steve
#15
miamivicefan
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Posted 19 October 2006 - 01:20 PM
This is gonna be news, donald trump can put tampa back in it's pocket.
#16
dan326
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Posted 09 February 2007 - 03:58 PM
Is this still going to be built?
#17
tampasteve
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Posted 12 February 2007 - 10:15 AM
IN theory it is still going tobe built. There is a new company that is developing it (I cannot remember the name) that should supposedly get it off the ground second quarter of this year.
Steve
Steve
#19
jnfl22
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Posted 18 March 2007 - 08:29 AM
More recent news from Tampa Tribune: http://www.tbo.com/n...GBMHWWHAZE.html
Investors are now beginning to sue for their deposits back. This development is in it's final stages of existence.
Investors are now beginning to sue for their deposits back. This development is in it's final stages of existence.
#20
tombarnes
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Posted 20 October 2007 - 11:58 PM
Trump Tower Secures Financing
I was somewhat surprised to see that the Trump Tower Tampa may not be DOA after all. To judge from the disclaimer on the project's website, one might think otherwise, but this is a more recent development. If anyone has information to add, please do so. I'm not wild about the design, but this is important for Tampa's downtown. What are everyone's thoughts about the market conditions for this? Is there enough demand for this to sell out quickly, or will it be a tough slog? It looks as though the Donald hasn't given up just yet.
The Tampa Bay Business Journal
Trump Tower Tampa
I was somewhat surprised to see that the Trump Tower Tampa may not be DOA after all. To judge from the disclaimer on the project's website, one might think otherwise, but this is a more recent development. If anyone has information to add, please do so. I'm not wild about the design, but this is important for Tampa's downtown. What are everyone's thoughts about the market conditions for this? Is there enough demand for this to sell out quickly, or will it be a tough slog? It looks as though the Donald hasn't given up just yet.
The Tampa Bay Business Journal
Trump Tower Tampa
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