This Just In: Australia's Next Tallest Building Will Be a One-Billion-Dollar Trump Tower on the Gold Coast
The first Trump-branded project in Australia aims to be the biggest building in the country.
Australian property developer has announced a proposed plan to build Australia's tallest-ever building in a partnership with the Trump family, with the goal of constructing Australia's first-ever Trump-branded project on the Gold Coast shoreline.
Now in its final agreement stages, the partnership aims to construct a 91-storey tower on Rickett Street packed with 272 luxury apartments, a 285-room resort hotel, an exclusive beach club and a retail plaza. According to Altus Property CEO and founder David Young, the starting price of the apartments will be five million dollars, with the hopes of "attracting the world's wealthiest people." It's not set in stone yet, as Gold Coast Acting Mayor Mark Hammel told the ABC that the council is yet to receive a formal development proposal on the tower, which will occupy a lot that's sat vacant since 2013.
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In a press release, Eric Trump, Trump Organisation EVP and second son of the mogul and US President, said This development exemplifies the Trump brand's dedication to quality, sophistication, and unmatched service, and we are thrilled to bring this vision to the vibrant Gold Coast community."
The enthusiasm was shared by David Young, who travelled to the Trump family complex of Mar-a-Lago in Florida to seal the deal, and wrote, "Trump International Hotel & Tower, Gold Coast will be a truly unique offering in the Australian market, bringing the prestige and allure of a world-class luxury brand."
The court of public opinion is less enthusiastic. On a video shared by Sky News Australia, one commenter wrote "when can we start pelting it with eggs?", while on X, author Craig Hill wrote, "I don't think Australia should allow Trump to build a tower on the Gold Coast. The man is a convicted criminal, adjudicated rapist and alleged pedophile. He should not be allowed to do business in Australia."
Another X user said, "The Trump Tower being in the Gold Coast is the most Gold Coast thing to ever Gold Coast." Petitions are already circulating on platforms like Change.org to have the project stopped, but until the Gold Coast council receives a formal proposal, it's unknown when, or if, the project will commence in earnest.