Donald Trump to Develop a Luxury Resort in the Domincan Republic

Just last week, Donald Trump signed an agreement with Cap Cana, S.A. in the Dominican Republic to design a new luxury resort. Plans include a golf course, golf villas and golf lots, estate lots, a beach club, a condo hotel, and residences with ocean views. The new resort is to be called Trump at Cap Cana.

Cap Cana, located in the Caribbean, is easily accessible as it is near the Punta Cana International Airport. The projected cost is estimated at $1.5 billion dollars, will cover an area of about 30,000 acres and will take about 10-12 years to develop.

At its completion, Cap Cana will feature more than 5,000 residential units and at least four luxury hotels. There will be three Jack Nicklaus Signature Golf Courses, the first of which – Punta Espada – opened in November 2006. There will also be a state-of-the-art marina featuring over 1,000 slips catering to mega yachts up to 150 feet. Other services included will be boutiques, restaurants, spas, water sports, and polo among others.

Trump is a huge name in current real estate. Along with this Cap Cana project, Trump is also developing residential, hotel and golf club projects in Las Vegas, Chicago, Miami, Los Angeles, the Caribbean, Hawaii, Westchester, NY, Bedminster, NJ, Aberdeen, Scotland, and Dubai, UAE.

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