Massive Trump Hotel Tower Opens in Panama
- Jul 28, 2011
July 6 marked Trump Hotel Connection’s first departure from U.S. soil with the long-awaited opening of Trump Ocean Club International Hotel & Tower Panama. Shaped like a massive sail overlooking Panama Bay, the 70-story Trump Ocean Club International Hotel & Tower Panama is poised to become one of Latin America’s newest landmark properties.
Work on the first five-star development in the country started in 2006, with developer Newland International Properties Corp. overseeing the work. Being the largest property in Latin America—occupying a total of 2.7 million square feet of gross area—Trump Ocean Club is also the tallest, going up to 290 meters high.
The $400 million massive project called for 123,000 cubic meters of concrete (enough to build five 50-story buildings), 18,500 tons of steel reinforcement and approximately 2,500 laborers working at peak of construction. The end result is a luxury real estate community, located in Panama City’s most desired neighborhood, Punta Pacifica, consisting of 1004 well-appointed units, out of which are 369 condo hotel rooms. Its convenient location places the Trump Ocean Club right next to Punta Pacifica’s sophisticated shops and nightlife, minutes away from the financial district—10 minutes from the International Banking center—and in close proximity to the international airport.
The development includes 635 residences and bay lofts that have been fully equipped with furniture designed by Miami-based Adriana Hoyos. Prices range from $400,000 for a studio to just over $1 million for a 3-bedroom unit. Every unit comes with a private balcony with Pacific views, commercial-style stainless steel appliances, granite counters, custom cabinetry and frameless walk-in showers.
As to the amenities, the Trump Ocean Club has been designed to satisfy the needs of residents and travelers alike, featuring a large wellness spa, oversized infinity pool and outdoor sundeck, upscale boutiques and shops, multiple restaurants, a casino, and a state-of-the-art business center. The property also includes a yacht club and a beach club situated on a private island. A full hotel-style array of concierge services is also available, including valet parking and bellmen for guests and owners.
International architect Arias Serna Saravia provided the unique architecture of the building, whose arches begin on the 14th floor and rise to the 70th level. Every aspect of the tower has been designed to showcase the direct ocean views.