Donald Trump has monster plans for his purchase of the Doral Golf Resort.
Trump bought the famous golf resort outside Miami for $150 million and said Thursday he plans to invest more than $200 million to revamp the Blue Monster championship course and stop at nothing to make Doral the ultimate golf destination.
''It's a tremendous location, 800 acres right smack in the middle of Miami, and we look to make this one of the great places anywhere in the world for golf,'' Trump said Thursday. ''It needs a lot of work. It's a little bit tired, and that's OK. And we're going to do something special.''
The sale is to close June 1.
Doral has held a PGA Tour event since 1962, and it was elevated to a World Golf Championship in 2007. It is hosting a 74-man field this week that includes the top 50 players in the world ranking. Trump said the course would be shut down after the 2013 tournament, and Gil Hanse would renovate what is now called the TPC Blue Monster.
Hanse was selected Wednesda...