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Sun Jan 15, 2017, 05:45 PM

 

When Trump Planned "Two Trump Towers" in Midtown Atlanta - John Lewis District [View all]

Long before Donald Trump was the GOP frontrunner for president, the man with a big personality and distinctive 'doo was merely a real estate mogul out to put his name on high-rises around the world. Back in the boom times before the recession, the Trump-meister set his sites on Atlanta as an excellent place to leave his mark in the form of a glassy two-tower development, reaching up to 47 stories, complete with a three-story "TRUMP" sign looming above Midtown. Hallelujah Alas, it was not to be.

The Donald's plans hatched back in 2006 when markets were high and real estate was booming. Trump billed the development as a "no risk" venture, according to the AJC, espousing just how Titanically unsinkable the Atlanta market was. Local developer Wood Partners got in on the deal, and even as the economy began to stagnate, Trump was bullish, telling the media the project would go forward because, "Atlanta is like New York." And then ... nada.

In 2010, despite around 100 pre-sales, the property was foreclosed on.
http://atlanta.curbed.com/2016/2/15/11029156/donald-trump-towers-atlanta-foreclosure

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Reply When Trump Planned "Two Trump Towers" in Midtown Atlanta - John Lewis District [View all]
otohara Jan 2017 OP
pangaia Jan 2017 #1
lillypaddle Jan 2017 #2
otohara Jan 2017 #3
Jacob Boehme Jan 2017 #4