Nixed promises, failed financing deals, intertwining lawsuits: SimDag/Robel LLC faced all those pitfalls trying to erect the much-hyped Trump Tower Tampa.

It finally became too much. On Tuesday, SimDag filed for Chapter 11 bankruptcy protection in Tampa.

It's been more than 3 years since New York tycoon Donald Trump rolled into town to kick off sales for his namesake, a 52-story luxury condominium tower on the Hillsborough River at 111 S Ashley Drive.

SimDag would build the 190 units by licensing Trump's name. Trump would get half the profits from condo sales.

But as SimDag pressed the banking and investment community for a $200-million loan, the condo market was imploding. Buyers of units costing up to $6-million began dropping out and filing suit.

The low point came a year ago, when Trump, frustrated by more than $1-million in unpaid licensing fees, sued SimDag.

The bankruptcy filing lists $10- to $50-million in liabilities, many to condo buyers who gave SimDag deposits ranging up to $1.6-million. SimDag estimated its number of creditors exceeded 200.

A more detailed list of creditors, including Trump, Colonial Bank and various building contractors, will emerge in about two weeks.