Donald Trump Plans Movie Studio In Homestead

Written by on 06.13.12 in Land - No comments

Real estate mogul Donald Trump is considering a portion of Homestead Air Reserve Base as a potential site for a major film studio.

The complex, to be built on 600 to 800 acres, would be called Trump Studio City, said Michael Cohen, executive vice president of the New York-based Trump Organization.

Cohen went before the Miami-Dade County Commission on Tuesday to share his boss’ vision. “Trump Studio City would be twice the size of Universal Studios without a theme park,” he said. “It would be a studio for film projects.”

John Fotiadis, a New York architect who often works with Trump, told commissioners the project would include studios ranging in size from 25,000 square feet to 250,000 square feet. It would also have a plaza and administrative offices.

The film studio would create thousands of jobs and provide revenue to Homestead and Florida City, two of the county’s most distressed communities, Commissioner Joe Martinez said, supporting Trump’s plan.

Commissioners like what they heard and directed the Miami-Dade county attorney to take six months to research the targeted land at the air reserve base. Commissioners, as well as Trump, want to know whether the county or the federal government own the land and what kind of environmental remediation is needed to clean the arsenic in the ground, among other things. After completing due diligence, the county attorney will have 90 days to present a report to the commissioners. If the report’s findings are favorable, the parties would proceed with ground lease negotiations.

Early this year, Trump’s organization acquired the Doral Golf Resort & Spa in a bankruptcy sale. His company paid $150 million for the 692-room golf resort west of Miami International Airport.

Source: Paola Iuspa-Abbott, DBR

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