Billionaire Real Estate Tycoon Donald Trump Announces $360-Million Vancouver Project

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VANCOUVER – Teaming up with Vancouver’s Holborn Group, billionaire real estate tycoon Donald Trump announced Vancouver’s first Trump development, Trump International Hotel & Tower Vancouver Wednesday afternoon in downtown Vancouver which was attended by the boastful Trump and his three children.

LINK editor R. Paul Dhillon also attended the event which was held on the rooftop looking over the development in the Fortis building on West Georgia, across from the luxurious and rival Shangri-La hotel.

Situated on Georgia Street in Downtown Vancouver’s Coal Harbour, the premium $360-million Arthur Erickson-designed tower will include a world-class hotel and residences.

In addition to 147 guest rooms, the luxury hotel will include a Champagne lounge, signature restaurant, Trump Spa, and banquet and conference centre. It will also be home to Vancouver’s first pool bar nightclub. Above the hotel will be 218 stylish residences, offering residents spectacular views of the North Shore and beyond. When completed, the twisting tower will stand at 616 feet (63 storeys).

“Trump International Hotel & Tower Vancouver will become a new symbol for Vancouver and will solidify the city’s arrival on the international stage,” commented Joo Kim Tiah, CEO and president of Holborn Group and deputy CEO of TA Global Bhd., the developer of Trump International Hotel & Tower Vancouver.

“The Trump brand is very well-respected and is synonymous with luxury real estate and hospitality.  I’m pleased to have a strong relationship with Don, Jr., Ivanka and Eric and look forward to carrying on the entrepreneurial legacy that our parents have begun. Our shared vision and a work ethic that prides itself on diligence and attention to detail will result in a development that is cutting-edge, and matches Vancouver’s vibrant personality.”

“We are thrilled to be bringing the Trump flag to Vancouver as it has become a world-class city in its own right,” added Donald J. Trump. “When looking at expanding our portfolio, we felt this was a market that held great potential for our brand. As we continue to grow globally, our goal is align ourselves with the best opportunities – and we know the Trump International Hotel & Tower Vancouver will be like no other hotel and residential offering.”

Trump International Hotel & Tower Vancouver is the latest project to further contribute to the revitalization of the West Georgia corridor. Within four years of the hotel opening, it is expected that visitors to Vancouver will occupy 40,726 room nights per year. In addition to spinoff consultation contracts, the project has created the equivalent of 170 full-time jobs during the construction phase, and will generate 300 full-time positions upon opening.