| BUENOS AIRES
BUENOS AIRES Jan 3 The Trump Organization has
no plans to build in Buenos Aires, a spokeswoman told Reuters on
Tuesday, ending speculation a new Trump office tower would soon
appear near the landmark obelisk in the heart of Argentina's
The city government said in late November it had declined to
authorize a permit to build an office tower linked to the U.S.
president-elect, clarifying that developers would have to file
new paperwork for it to be reconsidered.
The "Trump Tower" project made international headlines after
a local news report that Trump mentioned the proposed office
complex when Argentine President Mauricio Macri put in a
congratulatory call to him after his Nov. 8 election.
The Macri administration said the report was untrue and that
the project was not mentioned during the call. Macri knew Trump
from his days working as a businessman but had said before the
election he preferred Democrat Hillary Clinton.
"There are no plans to build in Buenos Aires," said the
Trump Organization spokeswoman, who asked not to be named.
Trump, a businessman who has never held public office, has
real estate and leisure holdings all over the world, sparking
concerns his investments could color his decision-making after
he becomes president on Jan. 20.
He has said he will remove himself from day-to-day business
operations before taking office, avoiding potential conflicts of
interest by transferring control of his businesses to his three
His company pulled out of a hotel venture in Rio de Janeiro
Developers YY Development Group, which built a nearly
completed Trump Tower at the Punta del Este resort in Uruguay,
told the Argentine paper La Nacion this week that the Buenos
Aires project had been called off for now.
The Buenos Aires city government said in November the Trump
project first surfaced in early 2007 when a firm identified as
Kubic S.A. filed a building request for a plot of land now used
as a downtown parking lot.
The plan was approved, but expired when construction did not
begin within a stipulated three-year period, the city's
Last August, the city said, a firm called Repetto Oeste SA
sought to revive the 2007 plan, but the request was not
(Reporting by Caroline Stauffer; Editing by Peter Cooney)