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Trump Cozumel Resort Plan Still Alive

23 January 2009 1,237 views 3 Comments

By: Investment Properties Mexico
Donald TrumpThe possibility of the Trump Organization building a mega-resort in Cozumel, Mexico surfaced again last week. In response to local press reports about the development, Donald Trump Jr, Executive Vice President at the Trump Organization, said they "would still be interested in doing a deal". The Trump Organization said last May that the plans were not being pursued at that particular time, but 8 months later it seems they have still not been dropped altogether. Although Mr. Trump said "nothing has changed" since last May, he left the door open for a project on the same piece of land, in the north-east of the island, where he had discussed a plan with Cozumel's previous Mayor, Gustavo Ortega Joaquín. For about two years, there has been talk of the project on the island. The Trump Organization officially confirmed the project was under consideration but no deal was presented before the idea was shelved last May. The project has caused controversy with environmentalists, who point out that the north-east part of the island where the development is planned is home to endangered flora and fauna, needing to be protected, not built on. The proposed luxury real estate development has been named Punta Arrecifes and described by insiders as an "island within an island", a huge closed off beach resort, complete with golf course and landing strip. Local newspaper, the Diario de Quintana Roo, reported earlier this week that the Mayor of Cozumel, Juan Carlos González Hernández, had said there are a "wide range of possibilities" available to help bring the project to completion. The paper also wrote that Eduardo Miguel Ángel Gómez Mont, Head of the Mexican National Fund for the Promotion of Tourism, FONATUR, had said that if the Trump Organization didn't invest in the project then the federal agency itself may provide the capital. Article from RE/MAX Investment Properties, experts in Mexico real estate. For more information email info [at] investmentpropertiesmexico.com or call Mexico (984) 802-8336 or USA (561) 459-2061.

3 Comments »

  • Bob Rodriguez said:

    Since the local government has recently designated the area an ecologically protected zone and since Trump Marinas has filed for Chapter 11 reorganization, it would seem highly unlikely that this project would move forward at this time.

    These types of reports (second golf course on the South end of the island, and New Theme park named Mayan Adventure) are constantly coming and going here on Cozumel along with the seed monies that pour into these schemes! I’ve learned over the last 23 years of history on Cozumel to take this type of press with a very large grain of salt!

  • DOUG CHESHIRE said:

    HEY, DON’T SCREW UP COZUMEL WITH A BUNCH OF RICH TOURISTS..

    THE DIVERS WHO LOVE COZUMEL, DO PUT UP WITH THE CRUSE SHIP FOOLS, BUT THIS COULD REALLY HURT (CHANGE FOR THE WORST) THIS GREAT AREA……….

    GO TO LONG ISLAND…………..

  • Bill said:

    Doug,
    You know the island cant servive on your T-shirt and cap purchases alone. Who are you to tell the people of Cozumel what their economic future will be?

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