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Business

Midtown Trump Towers site going on the auction block

By Mike Morris
Feb 12, 2010

The Midtown site of the proposed Trump Towers development has been listed for foreclosure, according to published reports.

The Atlanta Business Chronicle reported Friday that the site of the condo project at the corner of West Peachtree and 15th streets is scheduled for auction on March 2.

The planned development by Wood Partners was to include two towers, one 47 stories and the other 38, with 563 residential units.

Also planned were 20,000 square feet of retail and other high-end amenities.

Prices for the residential units were to have ranged from $500,000 to $1.6 million.

Construction had originally been scheduled to begin in 2007, with a 2010 completion date.

"The start of that project is a long way off at this point," Bennett Sands, director of Wood Partners, told the AJC last summer.

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