If anyone of you have been following this project, you are aware that it has not been a smooth progression. Trump Tower Tampa, the 52-story riverfront project located at 111 S. Ashley Drive in Tampa, has seen numerous setbacks. Originally being developed by SimDag LLC, the project was acquired by Mirabilis Ventures, Inc., an Orlando based private equity firm, in November, 2006. With this acquisition, came nearly $3.3 million in construction liens. Insisting at that time that the project was still "alive and well", it has just been reported that Trump Tower Tampa is now being pursued for acquisition by The Related Group, a Miami-based developer who is building three Trump projects in South Florida.
What does all of this mean? Donald Trump has continuously expressed his frustration with this project. It is my personal belief that he will not sit quietly by while this project fails. We all know how he wants to project and protect the "Trump" name. I am really interested in hearing your perspective on this. If the final construction plans resolve all ground stability issues, do you really think this project will go up?
TRUMP TOWER TAMPA
TAMPA REAL ESTATE