Trump Ocean Resort Baja Mexico was a failed luxury condominium-hotel resort to be located at Punta Bandera in the Playas de Tijuana borough of

Tijuana Tijuana ( ,"Tijuana"
(US) and < ...

Baja California Baja California (; 'Lower California'), officially the Free and Sovereign State of Baja California ( es, Estado Libre y Soberano de Baja California), is a state in Mexico. It is the northernmost and westernmost of the 32 federal entities of Mex ...

, Mexico, approximately from the San Ysidro border crossing. It was initially announced in 2006 as a joint venture between the

Trump Organization Trump most commonly refers to: * Donald Trump (born 1946), 45th president of the United States (2017–2021) * Trump (card games), any playing card given an ad-hoc high rank Trump may also refer to: Businesses and organizations * Donald J. ...

and Los Angeles-based real estate development company Irongate. Investors were led to believe that Trump CEO

Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of P ...

was supervising the project, however he was just licensing his name for the development, and so the investors sued the company. This was the second Trump-Irongate joint venture, and followed the more successful

Trump International Hotel and Tower (Honolulu) Trump International Hotel Waikiki or Trump Waikiki is a condo-hotel in Honolulu, Hawaii. Trump Waikiki is tall, tower with a total of about 462 units. The building includes The Spa at Trump and dining space, as well as a fitness center, librar ...

venture. The project was to be a 3-tower, 25-story, 526-unit condo-hotel. In late 2008, with the project experiencing delays and cost overruns, Trump removed his name from the development. In early 2009, The Associated Press reported that the project had collapsed financially; investors who had put down deposits on the project condos faced a total loss of their down payments (typically $200,000 – $300,000 per person). After its collapse, Trump (whose videos promoting the development had been shown to potential investors) claimed that he had been little more than a

spokesperson A spokesperson, spokesman, or spokeswoman, is someone engaged or elected to speak on behalf of others. Duties and function In the present media-sensitive world, many organizations are increasingly likely to employ professionals who have receiv ...

for the entire venture, and disavowed any financial responsibility for the debacle. In the litigation that ensued in a California court, Donald Trump, his son

Donald Trump Jr. Donald John Trump Jr. (born December 31, 1977) is an American political activist, businessman, author, and former television presenter. He is the eldest child of Donald Trump, 45th president of the United States from 2017 to 2021, and his firs ...

, his daughter

Ivanka Trump Ivana Marie "Ivanka" Trump (; born October 30, 1981) is an American businesswoman and the first daughter of Donald Trump, 45th president of the United States from 2017 to 2021. She was a senior advisor in his administration, and also was the ...

and the Trump Organization were named as defendants citing violation of Federal and State law. Trump's attorneys sought to question a San Diego Union-Tribune reporter about a 2006 story with the headline "Trump puts 'brand' on Baja with condo-hotel," which quoted Trump as being a "significant," equity investor in the development. Citing California's

Shield Law A shield is a piece of personal armour held in the hand, which may or may not be strapped to the wrist or forearm. Shields are used to intercept specific attacks, whether from close-ranged weaponry or projectiles such as arrows, by means of ...

, a California court rejected Trump's effort, siding with attorneys for the newspaper reporter. After years of litigation, Trump settled the lawsuit against him in November 2013, for an undisclosed amount. Trump's developer partners, Jason Grosfeld, Adam Fisher and Irongate Developers had earlier settled with the buyers for $7.25 million. The attorneys representing almost 200 buyers in the litigation venued in Los Angeles County were Bart I. Ring and Daniel J. King. On October 29, 2016, Jaime Martínez Veloz filed a criminal complaint against Trump for fraud involved in this development as well as tax evasion on Trump's mercantile business in Mexico.

References

External links

June 2009

Google Street View Google Street View is a technology featured in Google Maps and Google Earth that provides interactive panoramas from positions along many streets in the world. It was launched in 2007 in several cities in the United States, and has since expan ...

of abandoned development. {{Trump businesses History of Tijuana

See also

References

External links