The Trump Organization received preliminary sign-off for its $3 billion condominium project at the Trump National Doral Miami resort. The property expansion is part of a move to attract luxury home purchasers and avid golf fans.
Project Overview
The Doral City Council voted 3-2 to change the zoning to a 56.4-acre part of the resort. The change allows the development of 1,498 residential units and around 142,000 square feet of commercial space. The development, called Doral International Towers, will consist of four 20-story towers and a public plaza.
Design and Amenities
The project features luxury condominiums priced from $2 million, catering to international buyers and golfers. Residents will have access to the resort’s amenities, which include four golf courses and a 643-room hotel and spa. The development also includes plans for upscale retail shops and restaurants, making the property even more attractive.
Economic Impact
The project, estimated to cost between $2.5 billion and $3 billion, is projected to increase local property values and boost the economy. Eric Trump, who runs the Trump Organization with his brother Donald Jr., said this would be a “world-class development” and was upbeat about the implications of the win.
Next Steps
The city plans to vote on the zoning change in September, paving the way for sales to begin as early as the spring or summer of 2025. Developers will construct the towers separately and in phases.
This ambitious undertaking symbolizes the Trump Organization’s strategy to seize the increasing demand for luxury residences in aspirational settings. Spanning the existing infrastructure of the resort, the integrated development will seek to provide a unique living experience to residents of the Miami area.