Trump Condos in Venice Beach?


Remember the rumor that Russian Billionaire Andrey Melnichenko was buying up a large chunk of Ocean Front Walk? Today we have heard further rumormongering that the multiple properties located in the 500 to 600 block of Ocean Front Walk are back in action with “The Donald” as buyer.

Donald Trump

From “Miss Venice KnowItAll”:

I can’t confirm it yet, but it appears Melnichenko is out and Donald Trump is in. My title company rep says plans are afoot for “Trump Venice”, a luxury hotel with a condo element on OFW which will include high end retail on the lower two levels.

Venice has hit the mega-developer radars and a lot of property in Venice is about to change hands!

Update 4-2-11: yes, this was an April fools joke! Happy April people!