| Trump Ocean Baja Mexico The Spa Tower | |
|---|---|
| General information | |
| Status | Abandoned |
| Type | residential, hotel |
| Location | Playas de Tijuana, Tijuana |
| Construction started | 2007 |
| Height | |
| Roof | 98 metres (322 ft) (projected) |
| Technical details | |
| Floor count | 27 |
| Design and construction | |
| Developer | The Trump Organization and Irongate |
Trump Ocean Resort Baja Mexico was a failed luxury condominium-hotel resort located in the Playas de Tijuana borough of Tijuana, Baja California, Mexico, just 30 minutes south of downtown San Diego.
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 J. Trump was personally supervising the entire project; Trump's daughter Ivanka stated that the elder Trump was "involved in every capacity."[1]
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 the development.
In early 2009, The Associated Press reported[2] that the project had collapsed financially; investors who had put down deposits on the project condos faced a total loss of their investments (typically $200,000 - $300,000 per person). After its collapse, Trump (whose videos promoting the development had been shown to potential investors) suddenly claimed that he had been little more than a spokesperson for the entire venture, and disavowed any financial responsibility for the debacle.
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