Trump’s $3 Billion Condo Project Advances in Florida

Trump Organization has received initial approval from the Doral City Council for a major development at the Trump National Doral Miami resort, setting the stage for one of Florida’s largest estate projects.

Though the plans allow for up to 1,500 luxury condominiums and approximately 142,000 square feet of commercial space, this is much more scaled-back than earlier proposals and represents a dramatic expansion for the famed resort.

On August 14, 2024, the City Council unanimously approved a request for rezoning on the first reading. The rezoning would change 56.4 acres of the property from current use to “downtown mixed-use” zoning.

The rezoning will accommodate four 20-story condominium towers designed by Pascual Perez Kiliddjian Starr Architects & Planners.

The development would occur on existing parking lots—not on the golf course or resort areas—and add a luxury residential element to the sprawling 600-acre property.

Trump Organization, led by former President Donald Trump, envisions a phased construction process, with the project reaching up to $3 billion in total investment.

The first phase would have about 300 units, although a complete build-out would yield 1,498 luxury condos. These units could cost more than $2 million apiece.

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In addition to residential units, the project will have retail shops, restaurants, and a public plaza. It will attract high-end buyers and golf lovers, said Felix Lasarte, Trump’s attorney.

“It’s really geared towards people who are golfing enthusiasts, overseas buyers who want golf course-type amenities,” he said.

“You buy a unit and become a member of the country club in Doral, then you have virtually unlimited access to golf, tennis and pools.”

Lasarte noted that each condo tower will be built separately and that sales could begin as early as summer 2025, contingent on final approvals.

Compared to its 2022 predecessor proposal, this project has changed from building 2,209 condos and 107,432 square feet of commercial space.

The revised plan scales back residential units but increases the commercial footprint slightly. High-end amenities and proximity to existing facilities at the resort ensure a broad clientele.

Despite opposition from members of the Doral City Council, Mayor Christi Fraga and Councilman Rafael Pineyro voted against the rezoning on the first reading. The proposal, however, passed with a thin 3-2 majority.

A final vote is due in September.

If approved, what is coming to the Trump National Doral Miami, which Trump purchased in 2012 for $150 million and invested $250 million into renovation, will be transformational.

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