History
On August 26, 2005, the New Orleans Times-Picayune reported that a real estate deal appeared finalized for the first major construction project in the New Orleans CBD in 25 years, the Trump International Hotel and Tower New Orleans.
Initially, the project was slated to break ground early in 2006. The project, however, became quickly obscured by the events of Hurricane Katrina. Trump reaffirmed his support for the project shortly following the storm without setting a specific time line for construction. Local business leaders have hailed the move as a positive step in attracting business to the city.
On March 15, 2007, the New Orleans City Council officially approved the tower for construction.
The Times-Picayune reported on February 17, 2009 that the project is on hold pending the recovery of the national economy.
On 27 July 2011 the Times-Picayune reported the project to be officially dead, with the land sold at auction to a company intending to use it as a parking lot.
Read more about this topic: Trump International Hotel And Tower (New Orleans)
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