Trump Considers Building Tower in Seattle

Real-estate mogul and reality-TV star Donald Trump is reportedly considering adding one of his trademark towers to the downtown Seattle skyline.

According to Ivanka Trump, his 25-year-old daughter and vice president of his real-estate company, the Trump Organization is interested in finding a site in downtown Seattle to develop an upscale hotel and residential condo tower.
"We always do luxury," she said. "It would definitely be a five-star hotel or condo hotel, or if it's just condominiums, it would be the highest of the high end."

Trump has developed lavish hotels and condominiums in New York, and has projects under way in South Florida, Chicago, Las Vegas and elsewhere.
Some wonder how well a Trump tower would go over in Seattle.

"The lifestyle he offers probably will be more opulent than what we have here," said one local realtor.

A Trump-branded tower in Seattle would compete with at least three hotel-and-condo projects planned for downtown over the next several years. Each will offer luxury hotel accommodations and condos with grand views and price tags to match. Among them: the Four Seasons Hotel and Residences, where prices on the condos average more than $2,000 per square foot.

Financier and large-scale land developer Spencer Alpert of Seattle is working with the Trump Organization to find a optimum location.

Alpert said the best site will offer water and mountain views. If all goes well, the tower would open as soon as late 2009, he said.

The Trumps say they would develop the tower with Alpert and Atlanta-based Wood Partners.

Peter Truex, a commercial real-estate broker at Colliers International in Seattle who's working with Alpert, said the Trumps want to build a "Seattle project, not a New York project built in Seattle. It's going to be really special and different, and it will reflect their interest in green development," referring to environmentally- sensitive development practices.

Discussions about Seattle are still preliminary, according to Trump insiders, and the firm is working on more than two dozen projects worldwide. But they stress that Seattle is definitely in the Trumps' thinking.

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