Trump family further expands Gulf business with $1B Jeddah plaza project
It will be the second Trump-branded development in the kingdom after the launch of Trump Tower Jeddah last December.
London-based real estate developer Dar Global announced on Monday that it plans to build a $1 billion Trump Plaza project in the Saudi port city of Jeddah, as the US president’s family business continues to expand in the Gulf.
According to a company statement, the Jeddah project will be the second Trump-branded development in Saudi Arabia, following the launch of Trump Tower Jeddah last December.
The new development, located along King Abdulaziz Road in central Jeddah, will include premium residences, serviced apartments, office space and exclusive townhouses. Dar Global, which is developing the project in partnership with the Trump Organization, said the masterplan will feature "a Central Park-inspired green spine" — a landscaped park running the length of the site "bringing the essence of Manhattan to Jeddah."
Al-Monitor has contacted Dar Global and the Trump Organization for comment.
