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Famous real estate developer, Donald J. Trump of the Trump Organization and Mr. Roger Khafif, President of the K Group (A Panama Resort Developer), unveiled a $220 million, mixed-use development to be named Trump Ocean, International Hotel and Tower in Panama City, Panama. The project has been expanded from 1.8-million-sq.-ft project to a 2.4-million-sq.-ft, 65 story waterfront condominium tower development that will include 300 hotel condominium units, 500 condominium units, 1500-1700 parking spaces, retail shops, an International Casino, a private beach club on Contadora Island, a 24-hour Yacht Club and Pier, world-class wellness spa, state-of-the-art gym pool deck full-service meeting and event spaces, and a business center. It is expected to be
completed in 2009. This is the Trump Organization's first real
estate investment in Central America. |
