By Ryan Flinn
SANTO DOMINGO, Dominican Republic (Bloomberg): Real Estate investor Donald Trump and Cap Cana SA will spend more than $2 billion to develop a luxury resort in the Dominican Republic.
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US billionaire real estate investor, Donald Trump.
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Cap Cana spokeswoman Melanie Brandman said the project will involve 68 estates built on 1.5 acres of land each. She wouldn't disclose Trump's contribution to the project.
Located on the Eastern tip of the Dominican Republic, Cap Cana spans more than 30,000 acres with over three miles, according to a Cap Cana statement.
The completed project will include 5,000 residential units and at least four luxury hotels, as well as three Jack Nicklaus Signature Golf Courses, the statement said. |
