Industry News

CONSTRUCTION BEGINS ON TRUMP FORT LAUDERDALE

CONDO HOTEL

FORT LAUDERDALE, Fla. (July 2005) –Donald J. Trump, Roy Stillman and Bayrock Group are proud to announce that construction has begun on Trump International Hotel & Tower Fort Lauderdale. The 301-unit condominium hotel will rise 24 stories on 551 North Fort Lauderdale Beach Boulevard, affording spectacular views of the Atlantic Ocean and the Intracoastal Waterway.

Trump International Hotel & Tower Fort Lauderdale is scheduled for completion in 2007, with the award-winning Stiles Corporation serving as the general contractor.

“We are thrilled to begin construction on this magnificent oceanfront development, which will bring a new level of opulence and sophistication to South Florida,” states Donald J. Trump. “In less than three months after obtaining city approval, not only do we already have a large majority of units reserved at Trump International Fort Lauderdale, but our buyers can see the progress on their new homes first hand as construction crews begin work,” adds Roy Stillman.

“Once completed, Trump Fort Lauderdale will be the most exclusive condominium hotel in South Florida. Our objective is to bring the very best in innovative design, luxury living and development expertise to create a new and lasting landmark,” says Tevfik Arif, Chairman of Bayrock Group.

The development is designed by Michael Graves & Associates, one of the most internationally acclaimed and prolific architectural firms, in collaboration with Oscar Garcia Architects, a prominent Florida architecture and design firm.

Mr. Graves credits yachting, one of Fort Lauderdale's principal pastimes, as his design inspiration for Trump International. With its curvilinear lines and dazzling art-deco accents, the Hotel & Tower emulates the elegance and grace of the luxury ocean cruise lines of the 1920s.

The attention to detail and aesthetics continues in the hotel's resplendent interiors. Each of the 301 masterfully appointed deluxe studios and suites will be delivered completely finished with the finest fittings and fixtures including Italian marble flooring and top-of-the-line appliances.

The condominium hotel will embody the award-winning Trump level of luxury in offering unparalleled amenities, white-glove service including the Trump Attaché, a residence rental program, a 5,000 square-foot health club and spa, a world-class restaurant and a mosaic-tile grand pool.

A large majority of units at Trump International Hotel & Tower have already been reserved, with the final release of units scheduled for the end of June. Pre-construction prices for the remaining deluxe studios and suites range from $500,000 to over $3,000,000. For more information on the project and available inventory, contact info@CondoHotelCenter.com.