In brief
- A property developer says he has signed a deal with the Trump organisation to build a tower on the Gold Coast.
- The Gold Coast City Council says that it is yet to receive a development application.
A property developer says he has signed a deal with the Trump Organisation to build a tower on the Gold Coast.
The proposed six-star skyscraper will be 340 metres and 91 storeys high.
Altus Property Group chief executive David Young said the building would be a landmark property for Surfers Paradise.
"The natural home to the well-heeled, and it will be finished before the Olympics start, creating a tourism adjunct to the Games themselves," he said.
"The Trump International Hotel & Tower Gold Coast development I’ve been pursuing for almost 20 years is going to be Australia’s tallest building before the end of the decade."
But the proposal is far from a done deal, with the Gold Coast City Council saying that a development application was yet to be received.
Acting Gold Coast mayor Mark Hammell said in a statement that the Gold Coast welcomed investment in the city, as it displayed confidence and helped create jobs.
"A formal development application will be required, and we look forward to considering the application once it is received," he said.
Young said the design of the tower would follow the same Trump design manual used for properties currently being built in Jeddah and Saudi Arabia.
One third of the building would function as a six-star hotel with another third to include 270 apartments.
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