Trump buys resort in Miami for $ 150 million

The American multimillionaire Donald Trump has officially sealed the purchase of 150 million dollars ‘Doral Golf Resort & Spa’, a landmark resort of Miami (Florida), which plans to invest another $ 100 million for renewal.

«The transaction is made official today and Donald Trump will officially become the new owner of the property. Today is basically the closing «, as confirmed by a spokesman of that resort of 693 rooms and four golf courses in first class.

Trump has agreed to pay 150 million dollars for the purchase of land, but the final investment will be around 250 million, taking into account the planned investment in the renovation of facilities, including ten pavilions and a «spa» with 33 rooms for different treatments, as recorded diariolibre.com.

«We are excited about the future» of Doral Golf Resort & Spa and the improvements to be carried out under the new business owner, Trump Hotel Collection, added the spokesman said, who said that the company will assume from now the direction of rest and leisure center which opened in 1962 as a golf club.

In parallel with this operation, the American tycoon has submitted a proposal for local authorities to build a film studio in South Florida, «Trump Studio City», which could be twice larger than Universal Studios.

If approved the proposal, the study would be built on land owned by the Miami-Dade near the base of the reserve of the United States Air Force in the Homestead area, about 40 miles south of Miami.