The Donald closes on Doral Golf Resort, plans $200 million renovation

Miami /
Jun.June 11, 2012 03:45 PM

The Trump Organization closed on the deal for the 700-room Doral Golf Resort and Spa it struck in February and is now set to invest approximately $200 million into 18 months worth of renovations — that is up $50 million from the previously estimated cost. The 800-acre property, which is located at 4400 Northwest 87th Avenue in Doral, is the home of five championship golf courses, a grand ballroom and conference facilities. “Every year, my father and mother would take me to Doral for a weekend. It was the ultimate treat for me. It was beautiful,” said Donald Trump. “When the renovation is complete, Doral will be the greatest resort anywhere in the country … nothing will be able to compete with it. This amount of land in this prime a location can never again be assembled.” All of the resort’s facilities will remain open during the rehabilitation, which is scheduled for completion in the fall of 2013 — Christopher Cameron


Related Articles

arrow_forward_ios
Gil Dezer (Photos by Sonya Revell)
The Closing: Gil Dezer
The Closing: Gil Dezer
Brad Parscale and 2319 Desota Drive (Getty, Google Maps)
Brad Parscale, ex-Trump campaign manager, sells Fort Lauderdale home
Brad Parscale, ex-Trump campaign manager, sells Fort Lauderdale home
Donald Trump with sons Eric and Don Jr. and 1125 South Ocean Boulevard (Getty, Google Maps/Illustration by Alexis Manrodt for The Real Deal)
Trump lists beachfront mansion next to Mar-a-Lago for $49M
Trump lists beachfront mansion next to Mar-a-Lago for $49M
Photo illustration of Donald Trump at Mar-a-Lago (iStock, Getty/Illustration by Kevin Rebong for TRD)
Trump argues to live in Mar-a-Lago — as an employee
Trump argues to live in Mar-a-Lago — as an employee
535 North County Road and Mark Pulte with former President Donald Trump (Google Maps; Pulte Family Foundation; Getty)
Spec home built on Trump’s former Palm Beach property under contract for $140M
Spec home built on Trump’s former Palm Beach property under contract for $140M
Trump Plaza’s condo board votes to remove ex-president’s name from West Palm towers
Trump Plaza’s condo board votes to remove ex-president’s name from West Palm towers
Trump Plaza’s condo board votes to remove ex-president’s name from West Palm towers
Donald Trump Jr. and Kimberly Guilfoyle with 492 & 494 Mariner Drive (Getty, Google Maps)
Jupiter’s Admirals Cove residents speak out against Don Jr. and Kimberly Guilfoyle’s plans to move in
Jupiter’s Admirals Cove residents speak out against Don Jr. and Kimberly Guilfoyle’s plans to move in
535 North County Road (Palm Beach Property Appraiser)
Oceanfront Palm Beach spec mansion hits the market, asking record $140M
Oceanfront Palm Beach spec mansion hits the market, asking record $140M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...