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It looks amazingly like Burj Dubai.

Hey, it is Burj Dubai. How in the hell are they going to move it to Atlanta ?
 

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Dale said:
It looks amazingly like Burj Dubai.

Hey, it is Burj Dubai. How in the hell are they going to move it to Atlanta ?
tow truck?
 

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As much as i don't like Atlanta, congrads guys. Im sure you will get one hell of a nice building out of Trump. That will impact the already great skyline alot.
 

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Come on you guys, please take the thread seriously. This is to discuss the proposed developement by Donald Tump in Atlanta!!!!!
Trump may build in Atlanta

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Trump may build in Atlanta
Tower plan has condos plus hotel

By JULIE B. HAIRSTON, WALTER WOODS
The Atlanta Journal-Constitution

Published on: 05/04/06

"Atlanta! You're almost hired!" The Donald may be coming to town.

Donald Trump, the New York real estate tycoon, pizza pitchman and reality TV star, is negotiating with a local developer to build a condo and hotel tower behind the Woodruff Arts Center and High Museum of Art by 2010.

Trump Atlanta, if built, would rise on 2.5 acres between Spring and West Peachtree streets in Midtown, across the street from the Arts Center MARTA station.

Wood Partners, a Marietta-based condo developer, bought the site in March for $21 million. Wood's partner in the deal is Miami-based Dezer Development, said Mark Randall, a director at Wood Partners.

Dezer and Trump have worked together on other condo projects, including the Trump Grande hotel and condo complex on Sunny Isles Beach near Miami.

Randall said the Trump name could end up on the Atlanta project, too.

"It is something we have entertained, but it is not something that we have finalized," Randall said. "We haven't decided if it's something we want to do."

A spokesman for Trump in New York said Wednesday that the project was too preliminary to comment on.

Across interstate from Atlantic Station

The would-be Trump site, at 15th Street, is near a number of high-profile projects, including the Atlanta Symphony Orchestra's proposed hall and 1180 Peachtree, the new mirrored skyscraper at Peachtree and 14th streets. The tower would be just across I-85/75 from Atlantic Station.

Trump, the Big Apple's largest developer, has been shopping for an Atlanta partner, said Marty Kennedy, a local developer and founder of Kennedy Capital Group. Kennedy is a part owner of the former Gold Club site in Buckhead.

Kennedy met with Donald Trump, son Donald Jr. and daughter Ivanka in March to discuss building an Atlanta project.

"They've had their eye on [Atlanta] for some time as the heart of the Southeast," he said.

Trump has been moving aggressively into Southern markets in recent months.

He announced in August the Trump International Hotel & Tower New Orleans, a high-rise project next to the French Quarter. He unveiled plans for a 52-story condo tower in downtown Tampa in January.

With interest rates on the low side and many consumers looking for a more urban lifestyle, Atlanta has seen a wave of high-rise condo projects in the past two years. Locally, more than 16,000 condos sold in 2004, up 30 percent from 2003.

Wood Partners has built several local residential projects, often partnering with Atlanta-based developer Novare Group.

Wood also took the condo tower concept to the metro suburbs last year with a 19-story project on Windy Ridge Parkway in Cobb County.

Trump, a pop culture icon since the 1980s, started his Trump Organization in 1974 and has hotel and condo projects across the country, including Las Vegas and Chicago.

His reality show, "The Apprentice," in which Trump chooses a new employee from a cast of competing candidates, started in 2004.
After months of quiet discussions with local condo developers, New York real estate mogul Donald Trump is set to put his name on Atlanta's skyline.

"I'm going to be doing a job in Atlanta," Trump confirmed to Atlanta Business Chronicle Tuesday. "I can't say much about it now because I don't want to jinx myself."

And then, after a short pause, he said, "but it's going to be big."

Trump said he will develop a project with a local partner, who has already been chosen, but stopped short of giving more details.

Mark Randall, managing director of Wood Partners LLC, said he is in discussions with Trump to build two towers, including a 55-story condominium tower, at the intersection of 15th Street and Spring Street in Midtown.

As Atlanta Business Chronicle reported in April, Wood Partners paid $196 per land square foot ($21.25 million) for 2.4 empty acres at 1240 West Peachtree. The land sits near the former Oakwood Apartment tower, now 1280 West condominiums.

Randall said he was in competition with Miami-based Dezer Development to buy the land. After securing the land, Dezer approached Wood Partners with a joint venture proposal that has led to the discussions with Trump.

Trump, for his part, said details would be available in a month.

For the past six months, Trump's development team has been scouting Atlanta for a site to build a luxury condominium, hotel and retail tower.

Among those who have had discussions with Trump are Dewberry Capital Corp., Kennedy Capital Group LLC, and Wood Partners. Another possible partner is Miami-based The Related Group.

Randall said a second developer is still in active discussions with Trump but feels Wood Partners is close to a deal.

The Related Group recently purchased land in Buckhead and announced plans to build 3,832 condo units.

Trump's projects, including one with The Related Group in Florida, typically have a smaller number of units and are built in more prominent locations than The Related's site at Roxboro and East Paces Ferry roads.

Dewberry does own a prominent location that drew Trump's attention: a full Midtown block at the intersection of 10th and Peachtree streets.

Lara Hodgson, partner with Dewberry Capital, said discussions with Trump were brief and ended with a few telephone calls.

Dewberry is currently developing a speculative office building, Two Peachtree Pointe, in Midtown.

"Our focus is on that right now," Hodgson said.

Marty Kennedy, principal of Kennedy Capital Group, said that his discussions have progressed further than phone calls but not to the point of a deal.

I've had several meetings with them about being a partner," Kennedy said. "I know they're talking to other people. I can't say more than that."

Mark Randall, director of Wood Partners, could not be reached for comment.

Although known mostly for New York developments, Trump has developed projects throughout the world.

While still an active developer, Trump more often licenses his name to a local developer for a fee. Trump's company will oversee the development to maintain certain quality controls but does not manage the project directly.

Trump's towers, often branded as Trump International Hotel & Tower, tend to be the tallest in a city and have a distinctive, opulent architecture.

In Tampa, a local developer broke ground in March on a 52-story Trump Tower. The $260 million project is expected to sell condos starting in the $700,000s and going up to $6.5 million.

In New Orleans, Trump announced a 67-story tower a week before Hurricane Katrina struck. Trump's local partner has vowed to move forward with the $400 million project, with presales expected to begin in May. It will be the tallest building in Louisiana when complete.

In Chicago, Trump is building a 92-story hotel and condo tower near Michigan Avenue and the Chicago River.

In Toronto, Trump has plans for a 70-story tower that will be Canada's tallest residential tower when complete.

Moving into the Atlanta condo market is a practical next step for his company. Atlanta currently has no Trump-branded developments, while New York and Florida have nearly two dozen.

Plus, several local developers are already developing luxury high-rise condominiums, which are Trump's sweet spot.
 

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New Here. Hello everyone. Trump building in Atlanta presents the city with a new caliber of development. Regardless of size or architecture, it will be a great boost for the already happening building boom of DT,MT,and Buckhead. One thing I hope Trump's development entices other developers to build bigger(a few 700's-1000+) scrapers in the near future.
 

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2 towers! How typical of him.
 

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i think i mentioned this before, but dont get to comfortable with trump's developments, because he is well known to shaft cities for publicity, so until the dirt starts flying, i wouldnt get to excited. its ironic that he announced this project right before he was to speak in atlanta. same thing with dallas, he announced a project right before he spoke there which generated a lot of interest.
 

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glenirismt said:
The excitement does depend on Trump, that's why this thread was started.
The excitement? Exactly what are you talking about? This story mentioned a project by a local developer that is in negotiations to "brand" it as a Trump Tower. That developer has said that the building will be built with or without a deal with Trump. Trump has nothing to do with it unless he reaches an agreement with this developer to stick his name on the building.
 

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gwiATLeman said:
The excitement? Exactly what are you talking about? This story mentioned a project by a local developer that is in negotiations to "brand" it as a Trump Tower. That developer has said that the building will be built with or without a deal with Trump. Trump has nothing to do with it unless he reaches an agreement with this developer to stick his name on the building.
From the AJC to the ABC, it always mentions first the Trump name. Also, if the deal does not include Trump, it won't be an ultra luxury condominium tower. So, he does has something to do with the project. His impact will have a strong impact to what kind of developement that would be built.
 
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