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Trump to Invest $200 million in Doral

Doral Golf ResortAmerican tycoon Donald Trump, has announced big plans for Miami’s Doral Golf Resort, which he agreed to purchase at the end of last month for $150 million. The sale, however, isn’t due to close until the beginning of June.

The Doral Golf Resort & Spa’s was founded in 1962 by real estate pioneer Alfred Kaskel. Its Blue Monster golf course hosted the Doral Open for the PGA Tour between 1962 and 2006. The WGC-Cadillac Championship has made the course its home since 2007 after the tournament was held at different courses in the US and Europe since its 1999 inception. In 2009, the course joined the Tournament Players Club network of courses and was renamed the TPC Blue Monster at Doral. Other courses at the resort have hosted important events as well – the 1999 PGA Qualifying Tournament on the Gold Course and the 2000 PGA The Office Depot on the Red Course.

On Thursday, Trump said that he has plans to invest over $200 million to revamp the TPC Blue Monster course and make it an ultimate golf destination. This is 800 acres in the middle of Miami, and they look forward to making it one of the best places to golf in the world. It needs a lot of work, but that’s okay since they plan to make into something special.

Trump noted that the course will be closed after the 2013 tournament for renovations to get underway, which will be handled by Gil Hanse. Hanse was chosen to deign the course on Wednesday for the 2016 Olympics in Rio de Janeiro. It’s likely that the tycoon will change the name of the TPC Blue Monster course after its revamp, but this won’t be decided until the project is completed. He says after they have invested and the course is at its highest level of golf and luxury, they will make the decision. However, it will stay in some form of Doral.

Aside from the revamp to the TPC Blue Monster, Trump says the Gold and Red courses will be upgraded as well. He has even considered combining the courses into one great one, rather than two ordinary ones. However, he doesn’t think it will match what Hanse has planned for the TPC Blue Monster. Doral can be the best, and they will do it really right. He sees this as a business, just not his main business. More importantly, he will spend a lot more money on fixing Doral than someone else, as others look for a return on their investment, which he doesn’t. He wants to make an amazing place and thinks that’s good for golf.

One of the ideas from Hanse is to turn the 15th hole into an island green. Another is clearing the left side of the 16th hole’s fairway, making it a par 4 with water down the left. Hanse says he will try to keep Dick Wilson’s intentions, who originally designed the course. It wouldn’t be right to call it a restoration. This is a renovation, as they think they are making some significant changes, he added.

Donald Trump already owns Trump International in West Palm Beach, which hosted the LPGA Tour Championship once. He also owns golf courses in Washington, New York and on the California coast. His passion for golf is obvious.

 

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