Trump Ocean Club International Hotel and Tower
| Trump International Hotel & Tower Panama | |
|---|---|
|
Trump Ocean Club, Panama | |
| General information | |
| Type | Hotel, Condo |
| Architectural style | Postmodern |
| Location | Punta Colon, Punta Pacifica, Panama City, Panama |
| Construction started | 2007 |
| Completed | 2011 |
| Cost | US$400 million[1] |
| Height | |
| Tip | 293 m (961 ft) |
| Roof | 284 m (932 ft)[1] |
| Technical details | |
| Floor count | 70[1] |
| Floor area | 252,000 m2 (2,710,000 sq ft)[1] |
| Lifts/elevators | 37 |
| Design and construction | |
| Architect | Arias Serna Saravia S.A. |
| Developer | Espacios Urbanos, K Group, Trump Organization |
| Website | |
|
Condominium: http://www.trumpoceanclub.com Hotel: https://www.trumphotels.com/panama/ | |
The Trump International Hotel & Tower Panama (formerly Trump Ocean Club or Trump Ocean Club International Hotel and Tower) is a 70-story, 2,500,000 sq ft (230,000 m2), mixed-use waterfront condominium tower development in Panama City, Panama.
The project was designed by Colombian architects Arias - Serna - Saravia S.A.[2] The building is situated on a beachfront lot with views of the Pacific Ocean and Panama Bay, in the area of Punta Pacifica. The building was developed by real estate tycoon and the President-elect of the United States, Donald Trump of the Trump Organization and Roger Khafif, President of the K Group, a Panama resort developer. The project includes 369 hotel condominium units, 700 condominium units, 1500 parking spaces, retail shops, casino, use of a private beach club on Viveros Island, yacht club and pier, wellness spa, gym, pool deck, meeting and event spaces, and a business center.
The hotel opened on July 6, 2011.[1] On September 21, 2011, it was indicated by Bloomberg.com that Fitch Ratings downgraded $220 million in bonds that Newland International Properties, Corp. is using to finance construction of the Trump International Hotel & Tower in Panama. The downgrade to CCsf from B-sf, resulted from "continued uncertainty over the willingness and ability" of buyers to take possession of apartment units, according to Fitch documents.[3]
In November 2012, Sun International announced plans to open a 75,000-square-foot (7,000 m2) casino at the property with 600 slot machines and 32 table games. The company paid $45.5 million for the rights to the space, and planned to spend another $60 million to develop it for an opening in mid-2014.[4]
Gallery
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See also
- List of tallest buildings in Panama City
- Vasco da Gama Tower - similar structure in Lisbon, Portugal
- Burj Al Arab - similar-shaped building in Dubai, United Arab Emirates
- W Barcelona - a similar-shaped skyscraper in Barcelona, Spain
- Spinnaker Tower - similar structure in Portsmouth, United Kingdom
References
- 1 2 3 4 5 "Trump Ocean Club International Hotel & Tower". Skyscraperpage. Retrieved July 20, 2011.
- ↑ "Arias Serna Saravia". TrumpOceanClub.com. Retrieved November 11, 2013.
- ↑ Sabo, Eric (September 21, 2011). "Fitch Downgrades Trump Hotel Builder in Panama, Citing Defaults". Bloomberg L.P. Retrieved October 2, 2012.
- ↑ Trump International Hotel & Tower Panama (November 29, 2012). "Trump International Hotel & Tower Panama announces Sun International as casino operator" (Press release). Retrieved December 4, 2012.
External links
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Wikimedia Commons has media related to Trump Ocean Club International Hotel and Tower. |
Coordinates: 8°58′32″N 79°30′26″W / 8.975556°N 79.507174°W