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May31
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Donald Trump announced plans to build a 460-unit luxury condominium tower as part of an $800 million Waikiki Beach Walk redevelopment project.
The plans actually surfaced one year ago when the master developer for the project, Outrigger Enterprises, said it was negotiating with a short list of developers. Irongate, a Los Angeles-based real estate developer who purchased the plans from Outrigger Enterprises, will partner with Trump to build the tower project.
Sources report that the tower will be 350 feet in height. It will have 750,000 square feet of space, which will include retail, dining, a library, wine cellar, lobby bar, cafe, fitness center and spa. There will be separate lobbies for both the hotel and residential areas, and there will also be parking. What are the locals saying?
"I think he will bring some flare and excitement to the market," said Mary Worrall, owner of the local upscale residential real-estate brokerage firm Mary Worrall Associates. "He has such a following. I think it's very exciting."
We hear similar words from the Trump Organization.
"Trump Tower will be the most luxurious development in one of the most recognized resort destinations in the world today -- Waikiki Beach," Trump, star of the TV reality series "The Apprentice," said Tuesday in a news release.
Completion for the Waikiki project is expected in 2009.
-John Mudd
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May26
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The Florida Association of Realtors reported in a press release yesterday that statewide, Florida home sales decreased by 31 percent in comparison to homes sold in 2005, the year of the hottest real estate market on record. Florida home prices,...
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May24
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Trulia expanded into three new markets recently, including Florida, Texas and Pennsylvania, reports Inman News (may require subscription). It was already available in California, New York and New Jersey. Trulia, a San Francisco based company that launched last year, provides...
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May23
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Builder Jerry Glaser got an extra special thank you after completing this fabulous mansion located just off of Keystone Rd. in Tarpon Springs. The St. Petersburg Times reports: Glaser's wealthy clients so admired his work on their $15.6-million, 26,000-square-foot...
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May22
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Glimcher Realty Trust, (NYSE: GRT), will sell five mall properties to invest up to $100 million in new development and redevelopment projects, reports a press release. What malls will Glimcher sell? * Almeda Mall - Houston, TX * Eastland Mall -...
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Time is often a scarce commodity in any real estate professional's life, which makes this new Internet-based tool the perfect asset for any real estate agent to use. Bookashowing.com allows Realtors to schedule showings via the Internet, using their website....
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May18
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Asian Real Estate Association of America (AREAA) and the UCLA Asian American Studies Center recently released an in-depth study called "A New Path to Homeownership for Asian American Home Buyers." The study showed an in-depth look at the fastest growing member of...
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Realtors seeking a cell phone that puts them in the same class as mega-million dollar producing agents need look no further. Luxist reports: Made by the Swiss company GoldVish, the phone is made of 18-karat white gold and encrusted...
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May17
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Inman News reports that a devalued dollar has provided a number of buyers with more buying power in the Sunshine State, and that foreign buyers are particularly drawn to Florida luxury homes, considering that Florida gives foreign buyers more for...
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May16
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In a bi-partisan effort, former President George H. W. Bush and former President Bill Clinton, who co-chair the Bush-Clinton Katrina Fund, will address the National Association of Realtors' (NAR) National Conference & Expo in New Orleans November 11, according to the Inman...
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May11
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Yahoo and Prudential Real Estate Affiliates, Inc. announced a new program designed to allure more home buyers and sellers today. AP reported that the program, entitled Online Seller Advantage, will allow a code to be placed on "For Sale" signs,...
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May 9
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A major real estate trade publication recently reported a few of the top mistakes that home and condo sellers make when trying to sell their home or condo. Here are a few mentioned in the article: Overpricing is the number one...
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May 8
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With interest rates remaining at record lows, homebuying has become particularly popular here in the U.S., but vacation-condo and investment property buying have also become increasingly popular. Increased prices have slowed the positive buying trend somewhat, but buyers continue to buy with...
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Are you considering selling your current home as the means to purchase a new one, or moving up, as some call it? If so, read on. These tips may be helpful to you.It's a good idea for folks who do...
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Making your home more appealing is often thought to be a rather costly task, but there are quite a few things a homeowner can do to make their home feel just a little bit more like home, or stage it...
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May 6
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Are manufactured condos the solution to St. Petersburg, Florida's affordable housing crisis? First Dartmouth Development's Frank Maggio certainly does seem to think so. The St. Petersburg Times writes: Maggio hopes an appeal to price will sell the mondos. In a...
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May 1
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John Mudd is a Realtor with Exit Realty Suncoast who specializes in representing buyers and sellers in sales and purchases of luxury and waterfront homes and condos. He also assists real estate developers with various aspects of their projects, including...
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