Trump-Led Investors Plan $2.5B Office Complex In Rio

Law360, New York (December 19, 2012, 3:46 PM EST) -- A consortium of developers and investors, spearheaded by the Trump Organization, announced on Tuesday plans to build a massive $2.5 billion office high-rise project in Rio de Janeiro, just as Brazil's World Cup and Olympics hosting duties have kicked area development into high gear.

Dubbed Trump Towers Rio, the project would include five 38-story office towers in the city's downtown commercial center, right near the Port of Maravilha, according to a statement. The development comes just as the country prepares to host the 2014 World Cup...
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