The lender for the proposed Trump Tower condominiums in Tampa, Florida, Colonial Bank, foreclosed on the site and sold the property at public auction on July 15, 2009. Colonial Bank is now looking to unload the site once designated for the $300 million Trump Tower Tampa. The entire article can be found here: http://tampabay.bizjournals.com/tampabay/stories/2009/07/27/story3.html.
Just one of numerous “Trump Tower” projects to have failed in recent months. So much for the “Midas touch.”