New Trump Tower In South America
New York — In a press conference attended by Donald Trump, Sr. and family members Eric, Ivanka and Donald, Jr., YY Development Group announced the development of Trump Tower Punta del Este, a new luxury residential Trump branded oceanfront tower planned for the exclusive enclave of Punta del Este, Uruguay and slated for completion in fall 2016.
Considered one of the world’s most exclusive and emerging destinations, Punta del Este is home to many of South America’s top hotels, beaches, restaurants, art galleries and exclusive retailers. Located directly atop the sands of the scenic Playa Brava, the new 538,195 sq. ft. Trump Tower Punta del Este will share the remarkable distinction of being the only structure in the area with ocean views for all 129 of its residences.
The $100 million landmark will soar over 23 stories and provide access to destination highlights, including iconic sculpture Los Dedos and Punta del Este’s most celebrated restaurant La Bourgogne. The contemporary glass tower — comprised of two intersecting cylindrical structures and offering state-of-theart amenities — officially heralds The Trump Brand’s expansion into the South American continent.
“When I first visited Punta del Este, I was overwhelmed by its beauty, cultural sophistication and exclusivity,” said Eric Trump. “We are incredibly excited to see Trump Tower Punta del Este become the finest luxury building in all of South America.”
Trump Tower Punta del Este’s state-of-the-art features will include a 10,000 sq. ft. cascaded heated outdoor pool, two private cinemas, poolside and gourmet dining venues, a climate-controlled indoor tennis court, and a kids club and recreation center. Each residence — from one-bedroom units to duplex penthouse residences — will be outfitted with fully equipped, professional grade, state-of-the-art kitchens, automated climate control, spa-inspired bathrooms and expansive balcony terraces overlooking the ocean, all unprecedented amenities for the region.
“We are incredibly honored to work together with Trump to launch Trump Tower Punta del Este in what we consider to be one of the world’s most beautiful and sophisticated locations,” said Moisés Yellati, co-founder of YY Development Group, the owner and developer of Trump Tower Punta del Este. “The project will bring an exciting new standard of luxury to South America, one whose level of elegance and access is in perfect alignment with The Trump Brand’s visionary approach to real estate development.”