No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveDonald Trump Launches Luxury Tower in Panama

Donald Trump Launches Luxury Tower in Panama

NEW YORK – New York real-estate mogul Donald Trump announced this week that he is embarking on a project to build a $220 million luxury hotel tower and marina called Trump Ocean Club in Panama City.

The 65-floor tower, being built in conjunction between the Trump Organization and Panamanian developers the K Group,will house 500 condominium units and 300 hotel rooms, as well as a casino, marina and beach club, among other luxury hotel amenities.

The development project will be the first Trump investment in Central America. “With this urbanization we will establish a new standard of luxury never before seen in Latin America,” Trump said in a company press release. “The Trump Ocean Club, International Hotel and Tower will make a magnificent and special contribution to Panama City, one of the most dynamic cities in Latin America.”

Trump reportedly first fell in love with Panama while hosting the Miss Universe pageant there three years ago.

The Trump Ocean Club Panama will be located oceanfront near the Financial District, 15 minutes from the airport, according to the press release.

It is scheduled for completion in 2009.

 

Trending Now

Keylor Navas Joins Pumas UNAM in Major Liga MX Transfer

Keylor Navas has agreed to become the new goalkeeper for Pumas UNAM, marking one of the biggest signings in recent Liga MX history. The...

Costa Rica’s Tourism Faces Decline Amid Rising Crime and Costs

Costa Rica’s flagship tourism industry, long a cornerstone of our nation’s economy, is dealing with a noticeable downturn in 2025 as rising crime, health...

Salvadoran Lawyers Fight for Rights of Trump-Deported Migrants in Secretive Prison

A small group of overstretched and outmatched lawyers is fighting for the rights of men deported by the Trump administration and held in a...

Algal Bloom Detected in Costa Rica’s Gulf of Nicoya

A noticeable change in watercolor has been reported across several zones of the Gulf of Nicoya and coastal areas adjacent to the Nicoya Peninsula....

El Salvador NGO Flees to Guatemala as Bukele Intensifies Crackdown on Critics

The prestigious NGO Cristosal, which investigates corruption cases and denounces human rights violations in El Salvador, announced Thursday that it has been forced into...

Panama Union Leader Saúl Méndez Goes into Exile in Bolivia

The leader of Panama’s main union, Saúl Méndez, accused of fraud and money laundering, left for exile in Bolivia this Saturday. He had taken...
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica