TAMPA, FL (AP) Donald Trump announced plans to add his name to the Tampa skyline with a $220 million high-rise that will be the tallest residential building on Florida’s Gulf Coast.
The ritzy 52-story Trump Tower Tampa will be built on a now vacant lot in downtown Tampa. Residences will range from $700,000 to $5.5 million, and the building will include restaurants and retail shops.
Construction will begin in April, and the building could be ready for occupancy near the end of 2007.
“Frankly, having the Trump name in Tampa is going to be great,” said Trump, whose buildings often feature his name in prominent gold letters.
In a video news release, the real estate mogul said he became interested in Tampa after visiting his friend, Yankees owner and longtime Tampa resident George Steinbrenner.
Trump Tower Tampa will feature 190 dwellings, ranging in size from nearly 2,000 sq. ft. (180 sq m) to just more than 6,100 sq. ft. (549 sq m). Local leaders — and Trump — say the property will help efforts to encourage people to live downtown.
“Other people will be going to Tampa because I’ve gone and led the path,” he said. “Supposedly I know what I’m doing.”
The project has already been approved by Tampa’s city council.
The tallest residential building in Florida is the 70-story Four Seasons Hotel in Miami.