economy
February 25, 2026
Trump company to build Australia's tallest skyscraper
The Trump Organization has signed a deal to build a 91-story skyscraper on Australia's Gold Coast, a plan that has divided locals
TL;DR
- The Trump Organization and Altus Property Group plan to build a 91-story luxury tower on the Gold Coast, Australia.
- The proposed tower includes a hotel, apartments, shops, a beach club, and a swimming pool.
- Local reactions are divided, with one petition opposing the project due to the Trump brand and another supporting it for economic reasons.
- The development site has been vacant for over a decade.
- David Young, CEO of Altus Property Group, has been declared bankrupt twice.
- The project requires formal approval from the Gold Coast City Council.
- A rival project for a taller tower in nearby Southport has also been announced.
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