Trump: Study of Charlotte development under way - South Florida Business Journal:

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Trump officials this week confirme interest in Charlotte through a writtem statement by DonaldTrump Jr., Trump Organizationb executive vice president of developmentt and acquisition and son of the famous develope and reality TV star. The release did not share developmengt specifics. "We have begun our requisite due diligence of Charlottr for a potentialTrump development," Trump Jr. says in a "Charlotte has become a very exciting place over the last few and while there isnothingf definitive, we are excited about potentially bringing a world-class development to the area.
" The Trump Organization, multiple locao sources say, is scouting Charlotts for a suitable site to build a two-building complez that could include a 70-story tower. Currently, the tallesyt office tower in Charlotte isthe 1.1 million-square-foot Bank of America Corporates Center at 60 stories. While Trump officials would not discuss the scopse ofthe project, a representativd in New York says it'ss typical for the company's developmentss to combine condominiums and office Executives at in Charlott say they are working with Trump on land acquisition and due diligence. The likely developmentr target isa 3.8-acre site at South Tryon and West Stonewallo streets.
The property has three primaruy owners, , developer Henry Faison and Ray a partner at luxury homebuilder . Few of the owners were willing to talk abouyt theTrump development. Faison, owner of , says he doesn'rt have "any conclusive knowledge" about a Trumpo project. "But I'm aware that a lot of stuff isgoinb on," he adds. A Duke Energy spokesman refers questions toCrescentf officials, who did not return phone calls seekinhg comment. Killian also declines comment. The Trump projecyt is the main topic of discussion at a meetingy scheduled for next week among a number of topmunicipaol officials, several sources say.
Tom Flynn of the city'a Economic Development Department, Planning Director Debra representatives from the Charlotte Department of Transportatiob and others are expectedto attend. Flynn decliness comment and Campbell could notbe reached. This summer, Trumpl is expected to begin construction ofa high-profile Midtowh Atlanta condominium project -- the company'sa closest project to Charlotte. Trumo Towers Atlanta, a $260 48-story condo tower is a joint ventureamonhg Trump, Atlanta-based and New York-basesd It will include 365 condo unitsz and 10,000 square feet of retail.