A condo hotel , also known as a condotel , hotel condo , or a contel , is a building that is legally a condominium but operated as a hotel , offering short-term rentals, and which maintains a front desk.
65-656: Trump Ocean Resort Baja Mexico was a failed luxury condominium-hotel resort to be located at Punta Bandera in the Playas de Tijuana borough of Tijuana , Baja California , Mexico, approximately 16 kilometres (9.9 mi) from the San Ysidro border crossing . It was initially announced in 2006 as a joint venture between the Trump Organization and Los Angeles–based real estate development company Irongate. Investors were led to believe that Trump CEO Donald Trump
130-485: A spokesperson for the entire venture, and disavowed any financial responsibility for the debacle. In the litigation that ensued in a California court, Donald Trump, his son Donald Trump Jr. , his daughter Ivanka Trump and the Trump Organization were named as defendants citing violation of Federal and State law. Trump's attorneys sought to question a San Diego Union-Tribune reporter about a 2006 story with
195-780: A tropical rainforest climate ( Köppen Af ). While the city does not have a fully dry season , much of the seasonal rainfall comes between May and October. Winters are frequently dry and sunny, and drought can be a concern in some years. Fort Lauderdale is situated in USDA hardiness zones 10b to 11a near the coast. The wet season runs from May through October, and weather is typically hot, humid, and wet with average high temperatures of 86–90 °F (30–32 °C) and lows of 73–78 °F (23–26 °C). During this period, more than half of summer days may bring brief afternoon or evening thunderstorms with lightning and bursts of intense rainfall. The record high temperature of 100 °F (38 °C)
260-463: A condo hotel purchase for investment purposes alone. Just like traditional real estate, appreciation is never guaranteed. This very scenario most recently occurred in Las Vegas. Several of the more notable condo hotels have sold for less in the resale market than during pre-construction. Financing is generally costlier than for a primary residence. Mortgage rates may be a full point higher, and in
325-407: A full-service vacation home . When they are not using this home, they can leverage the marketing and management done by the hotel chain to rent and manage the condo unit as it would any other hotel room. The U.S. Government is very strict about the type of advertising that can be done vis-a-vis condo hotel projects. Some condo projects have advertised themselves as real estate investments, but since
390-484: A great deal. Factors causing a fluctuation are the hotel's star rating and operation level, and its physical location. A property located on the ocean, for example, can experience coastal weather on a regular basis, which in turn can increase the need for more regular maintenance to the exterior of the building. Along those same lines, a property located in a ski resort must weather powerful winter storms and must also deal with snow removal services. Exceptions aside, many of
455-483: A large LGBT community center, in addition to the World AIDS Museum and Educational Center. The current mayor of Fort Lauderdale, Dean Trantalis , is the first openly gay person to hold this office. Fort Lauderdale's economy has diversified over time. From the 1940s through the 1980s, the city was known as a spring break destination for college students. The college crowd has since dwindled, however, with
520-448: A particular threat after breaking free from their restraints. The tires then migrated shoreward, and ran into a living reef tract, washed up on its slope, and killed many things in their path. In recent years, thousands of tires have also washed up on nearby beaches, especially during hurricanes. Local authorities are now working to remove the 700,000 tires, in cooperation with the U.S. Army , Navy , and Coast Guard . Fort Lauderdale has
585-424: A period of slow growth. During the 1970s, the city's population only grew by 10.2% to 153,279 in 1980. This began a period of stagnation for the city of Fort Lauderdale, even as the metro area and the county continued their population boom. In the 1980s, the population of the city shrank for the first time, and by the 1990 census the number of residents of Fort Lauderdale fell just below 150,000. The next decade saw
650-794: A population of 182,760 at the 2020 census , making it the tenth-most populous city in Florida. After Miami and Hialeah , Fort Lauderdale is the third-most populous city in the Miami metropolitan area , which had a population of 6,166,488 in 2019. Built in 1838 and first incorporated in 1911, Fort Lauderdale is named after a series of forts built by the United States during the Second Seminole War . The forts took their name from Major William Lauderdale (1782–1838), younger brother of Lieutenant Colonel James Lauderdale . Development of
715-560: A program for designating and recognizing neighborhoods. Under the Neighborhood Organization Recognition Program, more than 60 distinct neighborhoods have received official recognition from the city. An additional 25–30 neighborhoods exist without official recognition, although the city's neighborhood map displays them as well. According to the Köppen climate classification , Fort Lauderdale has
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#1732797425940780-409: A slight rebound, but by the time of the 2000 census , the city's population was at 152,397, still below its first peak in 1980. In the 21st century, the population grew significantly. By the 2010 census , the city's population had reached 165,521 as its population grew by 8.6% over the previous decade. By the 2020 census , the city's population had reached 182,760 as its population grew by 10.4% over
845-637: Is a 180-acre (0.73 km ) park along the beach, with nature trails, camping and picnicking areas, canoeing, and features the Terramar Visitor Center, with exhibits about the ecosystem of the park. Hugh Taylor Birch came to Florida in 1893. He purchased ocean-front property for about a dollar per acre, he eventually owned a 3.5-mile stretch of beachfront. The Bonnet House is a historic home in Fort Lauderdale, Florida, United States. Bonnet House's modern history began when Birch gave
910-403: Is a major yachting center, one of the nation's largest tourist destinations, and the center of a metropolitan division with 1.8 million people. After the war ended, service members returned to the area, spurring an enormous population explosion that dwarfed the 1920s boom. The 1960 census counted 83,648 people in the city, about 230% of the 1950 figure. A 1967 report estimated that the city
975-510: Is a major manufacturing and maintenance center for yachts. The boating industry is responsible for over 109,000 jobs in the county. With its many canals, and proximity to the Bahamas and Caribbean , it is also a popular yachting vacation stop, and home port for 42,000 boats, and approximately 100 marinas and boatyards. Additionally, the annual Fort Lauderdale International Boat Show, the world's largest boat show , brings over 125,000 people to
1040-609: Is also the setting for the 1986 movie Flight of the Navigator , and host of Langerado , an annual music festival. In 2013, the county welcomed about 1.3 million LGBT travelers who spent about $ 1.5 billion in area restaurants, hotels, attractions, and shops, according to the Greater Fort Lauderdale Convention & Visitors Bureau. The Fort Lauderdale International Film Festival has been presented annually since 1986. Hugh Taylor Birch State Park
1105-541: Is known for its notably large LGBT community , and has one of the highest ratios of gay men and lesbians , with gay men being more largely present. The city is also known as a popular vacation spot for gays and lesbians , with many LGBT or LGBT-friendly hotels and guesthouses. Fort Lauderdale hosts the Stonewall Library & Archives , and in neighboring Wilton Manors , there is the Pride Center ,
1170-478: Is separate from the remainder of the city, connected only by the Cypress Creek Canal as it flows under I-95. This section of Fort Lauderdale borders the cities of Tamarac and Oakland Park on its south side. Oakland Park also borders Fort Lauderdale on the west side of its northeastern portion. The greater portion of Fort Lauderdale in the south is bordered, along its north side by Wilton Manors. Off
1235-527: Is water (9.87%). Fort Lauderdale is known for its extensive network of canals; there are 165 miles (266 km) of waterways within the city limits. The city of Fort Lauderdale is adjacent to the Atlantic Ocean, includes 7 miles (11 km) of beaches, and borders the following municipalities: On its east: On its south: On its southwest: On its west: On its northwest: On its north: The northwestern section of Fort Lauderdale
1300-559: The Great Depression of the 1930s caused a great deal of economic dislocation. In July 1935, an African-American man named Rubin Stacy was accused of robbing a white woman at knifepoint. He was arrested and being transported to a Miami jail when police were run off the road by a mob. A group of 100 white men proceeded to hang Stacy from a tree near the scene of his alleged robbery. His body was riddled with some 20 bullets. The murder
1365-435: The economics of a condo hotel unit is extremely difficult because of the challenge of getting accurate information about the potential income stream. Developers uniformly do not provide important data or estimates for room rates or occupancy levels for fear of coming under U.S. Securities and Exchange Commission (SEC) regulations on investments, as opposed to real estate regulations. The primary factors that contribute to
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#17327974259401430-463: The 13.7%, 2.5% were Cuban , 2.3% Puerto Rican , 1.7% Mexican , 1.1% Colombian , 0.9% Guatemalan , 0.8% Salvadoran , 0.6% Honduran , and 0.6% Peruvian . As of 2010 , those of Asian ancestry accounted for 1.5% of Fort Lauderdale's population. Out of the 1.5%, 0.4% were Indian , 0.3% Filipino , 0.3% Other Asian , 0.2% Chinese , 0.1% Vietnamese , 0.1% Japanese , and 0.1% Korean . As of 2010 , 0.6% were of Arab ancestry. In 2010, 7.1% of
1495-454: The 1960s and 1970s, for tens of thousands of college students. The city has discouraged college students from visiting the area since the mid-1980s, however, by passing strict laws aimed at preventing the mayhem that occurred in the 1970s and 1980s. The city had an estimated 350,000 college visitors for spring break 1985; by 1989, that number had declined to about 20,000. Since the 1990s, Fort Lauderdale has increasingly catered to those seeking
1560-413: The 31.0%, 10.0% were West Indian or Afro-Caribbean American (6.4% Haitian , 2.5% Jamaican , 0.4% Bahamian , 0.2% Other or Unspecified West Indian , 0.2% British West Indian , 0.1% Trinidadian and Tobagonian , 0.1% Barbadian ), 0.6% were Black Hispanics , and 0.5% Subsaharan African . As of 2010 , those of Hispanic or Latino ancestry accounted for 13.7% of Fort Lauderdale's population. Out of
1625-648: The Bonnet House property as a wedding gift to his daughter, Helen, and her husband, Chicago artist Frederic Clay Bartlett in 1919. The site was listed on the National Register of Historic places in 1984, and declared a historic landmark by the City of Fort Lauderdale in 2002. Henry E. Kinney Tunnel on U.S. Route 1 is the only tunnel on a state road in the state of Florida. It was constructed in 1960, and its 864-foot (263 m) length travels underneath
1690-742: The British in 1763, under the terms of the Treaty of Paris , which ended the Seven Years' War . Although control of the area changed between Spain, the United Kingdom, the United States, and the Confederate States of America , it remained largely undeveloped until the 20th century. The Fort Lauderdale area was known as the "New River Settlement" before the 20th century. In the 1830s, there were approximately 70 settlers living along
1755-573: The Europeans brought with them diseases, such as smallpox, to which the native populations possessed no resistance. For the Tequesta, disease, coupled with continuing conflict with their Calusa neighbors, contributed greatly to their decline over the next two centuries. By 1763, there were only a few Tequesta left in Florida, and most of them were evacuated to Cuba when the Spanish ceded Florida to
1820-576: The HOA fees; these include housekeeping , and costs related to hotel staffing and operation. Fort Lauderdale Fort Lauderdale ( / ˈ l ɔː d ər d eɪ l / LAW -dər-dayl ) is a coastal city located in the U.S. state of Florida , 30 miles (48 km) north of Miami along the Atlantic Ocean . It is the county seat of and most populous city in Broward County with
1885-806: The New River and Las Olas Boulevard. Just minutes from the beach is the Riverwalk Arts and Entertainment District in downtown Fort Lauderdale, home to cultural attractions, shops, parks, and restaurants. Along the Riverwalk's brick-lined meandering promenade, visitors can enjoy many attractions, such as: the Broward Center for the Performing Arts; Museum of Discovery and Science, with its AutoNation 3D IMAX Theater; Florida Grand Opera; Fort Lauderdale Historical Center; Stranahan House; and
1950-517: The New River. William Cooley , the local Justice of the Peace , was a farmer and wrecker , who traded with the Seminole Indians . On January 6, 1836, while Cooley was leading an attempt to salvage a wrecked ship, a band of Seminoles attacked his farm, killing his wife and children, and the children's tutor . The other farms in the settlement were not attacked, but all the white residents in
2015-541: The U.S. for condo hotels include: Aspen , Chicago , Miami , Fort Lauderdale , the Las Vegas Valley , New York City , Myrtle Beach, South Carolina , and Orlando, Florida . Condo hotels are also found at ski resorts and international destinations, such as Jaco, Costa Rica , Thailand , and most recently Sint Maarten . Investors spent an estimated $ 250 million on condo hotels in 2006, with much of that spending concentrated on resort areas. Note that analyzing
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2080-583: The area abandoned the settlement, fleeing first to the Cape Florida Lighthouse on Key Biscayne , and then to Key West . The first United States stockade named Fort Lauderdale was built in 1838, and subsequently was a site of fighting during the Second Seminole War. The fort was abandoned in 1842, after the end of the war, and the area remained virtually unpopulated until the 1890s. It was not until Frank Stranahan arrived in
2145-571: The area in 1893 to operate a ferry across the New River, and the Florida East Coast Railroad 's completion of a route through the area in 1896, that any organized development began. The city was incorporated in 1911, and in 1915, was designated the county seat of newly formed Broward County . Fort Lauderdale's first major development began in the 1920s, during the Florida land boom . The Great Miami Hurricane of 1926 and
2210-430: The branded condo hotels, have seen double-digit growth, and have out-performed traditional condos or single family homes in the same resort market. Condo hotels units are fee simple deeded real estate, and can be bought and sold like other forms of real estate. Because of the lack of resale data available for many of the emerging markets where pre-construction condo hotels can be found, experts heed caution when considering
2275-684: The buyers for $ 7.25 million. The attorneys representing almost 200 buyers in the litigation venued in Los Angeles County were Bart I. Ring and Daniel J. King. On October 29, 2016, Jaime Martínez Veloz filed a criminal complaint against Trump for fraud involved in this development as well as tax evasion on Trump's mercantile business in Mexico. Condo-hotel Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts. These hotels have condominium units that allow someone to own
2340-790: The center. The downtown area, especially around Las Olas Boulevard , first underwent redevelopment starting in 2002, and now hosts many new hotels and high-rise condominium developments. The city's central business district is the largest downtown in Broward County, although there are other cities in the county with commercial centers. Office buildings and high-rises include: Las Olas River House , Las Olas Grand, 110 Tower (formerly AutoNation Tower), Bank of America Plaza , One Financial Plaza , Broward Financial Center, One East Broward Boulevard, Barnett Bank Plaza, PNC Center , New River Center, One Corporate Center, SunTrust Centre, 101 Tower, and SouthTrust Tower. Fort Lauderdale
2405-585: The city did not begin until 50 years after the forts were abandoned at the end of the conflict. Three forts named "Fort Lauderdale" were constructed including the first at the fork of the New River , the second at Tarpon Bend on the New River between the present-day Colee Hammock and Rio Vista neighborhoods, and the third near the site of the Bahia Mar Marina. Known as the " Venice of America", Fort Lauderdale has 165 miles of inland waterways across
2470-507: The city each year. According to the Greater Fort Lauderdale Alliance 2020 report, the city's top employers include: Like many parts of Florida, the city's population has a strong seasonal variation, as " snowbirds " from the northern United States, Canada, and Europe spend the winter and spring in Florida. The city is known for its beaches, bars, nightclubs, and history as a spring break location, back in
2535-420: The city now attracting wealthier tourists. Cruise ships and nautical recreation provide the basis for much of the revenue raised by tourism. There is a convention center west of the beach and southeast of downtown, with 600,000 square feet (55,742 m ) of space, including a 200,000-square-foot (18,581 m ) main exhibit hall. Approximately 30% of the city's 10 million annual visitors attend conventions at
2600-514: The city or state in September and October. The most recent storms to directly affect the city were Hurricane Irma in 2017, in addition to Hurricane Katrina and Hurricane Wilma , both of which struck the city in 2005. Other direct hits were Hurricane Cleo in 1964, Hurricane King in 1950, and the 1947 Fort Lauderdale Hurricane . On April 12, 2023 , Fort Lauderdale received 25.91 inches (658 mm) of rainfall, causing historic flooding and
2665-541: The city to the intersection of Las Olas and A1A. This intersection is the "ground zero" of Fort Lauderdale Beach, and is the site of the Elbo Room bar featured in the 1960 film Where the Boys Are , which led in large measure to the city's former reputation as a spring break mecca. The city and its suburbs host over 4,100 restaurants and over 120 nightclubs, many of them in the arts and entertainment district. The city
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2730-437: The city will see a day or two of highs in the 60s °F (16–21 °C) and lows in the 40s °F (4–10 °C). Rare frosts occur every few decades, and only once in recorded history have snow flurries been reported in the air, which occurred on January 19, 1977. During the dry season (winter), brush fires can be a concern in many years. Annual average precipitation is 60.95 inches (1,550 mm), with most of it occurring during
2795-578: The city. In addition to tourism, Fort Lauderdale has a diversified economy including marine, manufacturing, finance, insurance, real estate, high technology, avionics/aerospace, film, and television production. The city is a popular tourist destination with an average year-round temperature of 75.5 °F (24.2 °C) and 3,000 hours of sunshine per year. Greater Fort Lauderdale, encompassing all of Broward County , hosted more than 13 million overnight visitors in 2018. Each year nearly four million cruise passengers pass through its Port Everglades , making it
2860-486: The coast of Fort Lauderdale is the Osborne Reef , an artificial reef made of discarded tires that has proven to be an ecological disaster. The dumping began in the 1960s, with the intent of providing habitat for fish, while disposing of trash from the land. However, in the rugged and corrosive environment of the ocean, nylon straps used to secure the tires wore out, cables rusted, and tires broke free. The tires posed
2925-510: The condo hotel is used for non-primary residence or residential rental, owners may be able to accelerate the depreciation on their condo hotel unit from 39 years, down to 27.5, 15, 7, and even 5 years. Condo hotel tax laws determine this, and affect individuals on a case-by-case basis, as each potential buyer's tax situation is different. As with most condominiums, owners of condo-hotel units are required to pay homeowners' association fees, commonly referred to as HOAs. The fee and services can vary
2990-399: The development. In early 2009, The Associated Press reported that the project had collapsed financially; investors who had put down deposits on the project condos faced a total loss of their down payments (typically $ 200,000 – $ 300,000 per person). After its collapse, Trump (whose videos promoting the development had been shown to potential investors) claimed that he had been little more than
3055-565: The fees and services found in HOAs are fixed and fluctuate very little from project to project. Services such as these usually include general unit utilities, common area utilities, individual room and building reserves, grounds maintenance, exercise area use fees, security , pest control , mechanical repair costs, safety alarm systems , parking area maintenance, pool area maintenance, and owner management and administrative services. Items related to hotel guest impact are generally not included in
3120-425: The financial outcome in ownership are rental revenue, appreciation or depreciation, lending and tax deductions. Rental revenue is shared with the management company, and owners typically pay no upfront fees for management, which includes the marketing and reservation of the units. Typical monthly fees for units in the rental pool include FF&E (Furniture, Fixtures and Equipment) reserve and resort fee(s). Although
3185-563: The headline "Trump puts 'brand' on Baja with condo-hotel," which quoted Trump as being a "significant," equity investor in the development. Citing California's Shield Law , a California court rejected Trump's effort, siding with attorneys for the newspaper reporter. After 4 + 1 ⁄ 2 years of litigation, Trump settled the lawsuit against him in November 2013, for an undisclosed amount. Trump's developer partners, Jason Grosfeld, Adam Fisher and Irongate Developers had earlier settled with
3250-476: The majority of the units are privately held, and the facility does little to accommodate the public. In the Philippines condominium hotels carry a condominium real estate deed. This allows foreigners to acquire up to 30% of the condotel units, unlike most other real estate. This has made this particular development popular in the country. While not intended as a complete list, the most popular locations in
3315-501: The past this was especially true because financial institutions were unfamiliar with the condo hotel concept. Pre-construction purchases require a significant down payment, and buyers will not see financial return or be able to use their unit until the hotel is completed and ready for operation. Furthermore, owners may have to purchase extra insurance to protect against liability claims and some types of damage or loss. Additional tax benefits may be obtained through condo hotel ownership. If
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#17327974259403380-461: The population considered themselves to be of only American ancestry (regardless of race or ethnicity). In 2000, Fort Lauderdale had the twenty-sixth highest percentage of Haitian residents in the US, at 6.9% of the city's population, and the 127th highest percentage of Cuban residents, at 1.7% of the city's residents. The city, along with adjacent small cities Oakland Park and Wilton Manors ,
3445-553: The previous decade. As of 2010 , those of (non-Hispanic white) European ancestry accounted for 52.5% of Fort Lauderdale's population. Out of the 52.5%, 10.3% were Irish , 10.1% German , 8.1% Italian , 7.1% English , 3.0% Polish , 2.1% French , 1.9% Russian , 1.7% Scottish , 1.2% Scotch-Irish , 1.0% Dutch , 1.0% Swedish , 0.6% Greek , 0.6% Hungarian , 0.5% Norwegian , and 0.5% French Canadian . As of 2010 , those of African ancestry accounted for 31.0% of Fort Lauderdale's population, which includes African Americans . Out of
3510-548: The resort lifestyle seasonally or year-round, and is often a host city to many professional venues, concerts, and art shows. Fort Lauderdale's arts and entertainment district, otherwise known as the Riverwalk Arts & Entertainment District, runs east–west along Las Olas Boulevard , from the beach to the heart of downtown. The district is anchored in the West by the Broward Center for the Performing Arts , and runs through
3575-465: The revenue splits between owner and management company do vary from project to project, most hover around 50 percent. Most condo hotels, and especially branded hotels like Westin or Ritz-Carlton , are strategically located in resort economies or popular urban destinations, which allow for high nightly rates and consistent year-round occupancy. Rental income from hotel guests is at the mercy of travel patterns and may decline. Many condo hotels, especially
3640-517: The temporary closure of the Fort Lauderdale–Hollywood International Airport . Fort Lauderdale is the second-largest city in the Miami metropolitan area and the largest city in Broward County , holding nearly a tenth of the county's population. It grew at a fast pace throughout the first seventy years of the twentieth century, with its population expanding from 91 in 1900 to 139,590 in 1970. After this, it experienced
3705-468: The third largest cruise port in the world. With over 50,000 registered yachts and 100 marinas, Fort Lauderdale is also known as the yachting capital of the world." The area in which the city of Fort Lauderdale would later be founded was inhabited for more than two thousand years by the Tequesta Indians. Contact with Spanish explorers in the 16th century proved disastrous for the Tequesta, as
3770-466: The value of these condos as a real estate investment is not entirely clear the U.S. Government currently disallows use of this reference when advertising condo hotels. Condo hotels have been criticized in California for allowing developers to skirt laws designed to protect public access to beaches . Because such a facility has hotel rooms, it can be classified as a public accommodation, even though
3835-451: The wet season from May through October. However, rainfall occurs in all months, even during the drier months from November through April, such as during the April 2023 flash flood where about two feet of rain fell in half a day. Fort Lauderdale has an average of 131 precipitation days annually. The hurricane season is between June 1 and November 30, with major hurricanes most likely to affect
3900-528: Was 149,377. A slight rebound brought the population back up to 152,397 at the 2000 census. Since 2000, Fort Lauderdale has gained slightly over 18,000 residents through annexation of seven neighborhoods in unincorporated Broward County. According to the United States Census Bureau , the city has a total area of 38.6 square miles (99.9 km ), 34.7 square miles (90.0 km ) of which is land and 3.8 square miles (9.9 km ) of which
3965-411: Was approximately 85% developed, and the 1970 population figure was 139,590. After 1970, growth in the area shifted to suburbs to the west. As cities such as Coral Springs , Miramar , and Pembroke Pines experienced explosive growth, Fort Lauderdale's population stagnated, and the city actually shrank by almost 4,000 people between 1980, when the city had 153,279 people, and 1990, when the population
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#17327974259404030-573: Was opened in Dania Beach ; however, no road was built to it until 1965. On July 4, 1961, African Americans started a series of wade-ins as protests at beaches that were off-limits to them, to protest "the failure of the county to build a road to the Negro beach." On July 11, 1962, a verdict by Ted Cabot went against the city's policy of racial segregation of public beaches, and Broward County beaches were desegregated in 1962. Today, Fort Lauderdale
4095-409: Was recorded on June 22, 2009, and August 4, 1944. The dry season often arrives some time in November, and lasts through early to mid April. Seasonable weather is often warm, dry, and sunny. Average high temperatures of 75–83 °F (24–28 °C) and lows of 60–70 °F (16–21 °C) are typical in the dry season. On rare occasions, cool fronts may make it all the way south to Fort Lauderdale, and
4160-704: Was subsequently used by the press in Nazi Germany to discredit U.S. critiques of its own persecution of Jews, Communists, and Catholics. When World War II began, Fort Lauderdale became a major U.S. base, with a Naval Air Station to train pilots, radar operators, and fire control operators. A Coast Guard base at Port Everglades was also established. Until July 1961, only whites were allowed on Ft. Lauderdale beaches. There were no beaches for African-Americans in Broward County until 1954, when "the Colored Beach," today Dr. Von D. Mizell-Eula Johnson State Park ,
4225-437: Was supervising the project, however he was just licensing his name for the development, and so the investors sued the company. This was the second Trump-Irongate joint venture, and followed the more successful Trump International Hotel and Tower (Honolulu) venture. The project was to be a 3-tower, 25-story, 526-unit condo-hotel. In late 2008, with the project experiencing delays and cost overruns, Trump removed his name from
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