Fighting bankruptcy Trump Hotels & Casino Resorts have started a renovation program for two of its casino/hotel properties
Trump casinos renovated to overcome bankruptcy
Trump Hotels & Casino Resorts, now fighting bankruptcy, have started a renovation program for two of its casino/hotel properties. The total project is reported to cost about $12 million. Trump officials announced that designers were already working at the plan.
According to The SignOnSanDiego, the Trump's amended reorganization plan is tentatively approved by a bankruptcy judge and headed to a confirmation hearing April 5.
"It is targeting the company's signature Trump Taj Mahal, a 1,250-room property with 160,000 square feet of casino space, and the Trump Marina, which has 728 rooms and 80,000 sf of casino space. The makeover at the Trump Taj Mahal will essentially maintain the property's current British colonial Indian décor. The effort at the Trump Marina is more substantial, and will take until sometime in the first quarter of 2006 to complete in two phases," a Trump official siad.
An additional plan deals with Trump International Hotel and Tower in Chicago, a $750 million, 90-story building that will house 758 residential and hotel condominiums, and Las Vegas 64-story tower containing 1,300 units and featuring both residential and hotel condominiums. Las Vegas building is allegedly developed in partnership with Phil Ruffin, owner of the Frontier Hotel and Casino tower in Las Vegas.
