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NewsWhore
02-19-2007, 04:30 PM
Donald J. Trump has chosen Cap Cana in the Punta Cana area for his next luxury resort development. Announced yesterday in New York, "Trump at Cap Cana" will involve the building of a golf course and golf villas, the sale of golf lots, estate lots, a beach club, a condo hotel and residences with Caribbean Sea views. A Trump press release describes the project to be valued at over two billion dollars. The agreement was signed in New York City by Cap Cana's board of directors' president, Ricardo Hazoury and Donald J. Trump, president of The Trump Organization.
The first Trump project in the DR, Trump Farallon Estates at Cap Cana will include 68 estates (of at least 1.5 acres each). The estates will be built within a gated community on top of the highest bluff in the area, at 200 feet above sea level. "This is going to be a magnificent project, and we look forward to developing thousands of spectacular acres into an elite destination that will be known worldwide in the years to come. I look forward to visiting often with my family," said Trump.
Speaking for Cap Cana, Ricardo Hazoury said: "By combining the Trump experience with Cap Cana's natural beauty and the talent demonstrated by our team of professionals, in addition to the DR's stable economy, we are confident that together we will continue to seamlessly create a new standard for tourism, real estate, and hotels for the entire region. We have no doubt that this is a win-win combination and look forward to all that lies ahead."

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