Now, according to reports of the proposal, the design plans have been altered to make the project even bigger (surprise surprise) than originally planned. Eight additional floors will be added and the tower will reach 67 stories and a height of 617 feet (the Shangri-La is 659 feet). The number of hotel rooms will be 187 as opposed to the original 127, and the number of condo units will increase from 163 to 290. One original (large) detail that will be kept is the plan for a twisting tower, one that will turn about 45 degrees as it reaches toward the sky.
We'll continue to monitor the negotiations as they proceed, but one question we have: Assuming the Trump deal becomes reality, if you're the Shangri-La, is it good news or bad news? Would the Ritz Carlton brand have been a tougher competitor than Trump? Let us know your thoughts!
[Photo: Holborn Group]