Trump plans to build luxury homes, retail and commercial space at the Miami resort.
One of his biggest properties is one of his biggest properties, and Donald Trump is planning to expand his Miami resort.
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The former U.S. president said in a statement that he will apply to create 2,300 luxury homes as well as retail and commercial space in the first phase of construction at the Trump National Doral. He said that he just spent millions of dollars on the Blue Monster golf course.
Trump said in the statement that this is perhaps the most exciting development in the country.
Trump bought Doral in 2012, which includes four golf courses and a luxury hotel. It was one of the biggest revenue generators of the Trump Organization for years, but the COVID-19 epidemic resulted in closures and furloughs. The resort has millions of dollars in loans due to Trump's promise.
A Trump Organization representative didn't respond immediately to a request for comment outside of business hours.
According to the Bloomberg Billionaires Index, Trump's net worth is valued at $2.6 billion.