A Trump hotel is set to dominate the skyline of Australia’s Gold Coast in the future: a luxury skyscraper is planned for 1.5 billion Australian dollars (a good 820 million francs) in the tourist hotspot Surfers Paradise.
A Trump hotel in Las Vegas.Image: keystone
At 340 meters, it would be the tallest building Down Under. The Australian developer Altus Property Group announced that the contract for the project on the east coast has now been signed.
According to information, the “Trump International Hotel & Tower” will be built on a site on Trickett Street right on the Pacific. With 91 floors, the tower would tower over the previous record holder, the approximately 322 meter high Q1 Tower.
This has been standing since 2005 with its almost 80 floors and a viewing platform in Surfers Paradise, a popular suburb of the Gold Coast city south of Brisbane. The coastal section in Queensland is famous for its kilometers of beaches and a striking skyline.
Who is financing the project?
Altus CEO David Young said he signed the agreement on February 14 at US President Donald Trump’s Florida estate. He had previously followed the project for almost 20 years. The construction will be financed entirely by private investors from Singapore, Hong Kong, the United Arab Emirates and the USA.
In addition to the hotel, 270 luxury residences, a private beach club and retail and restaurant areas are also planned, as the Trump Hotels group writes on its website. The project is listed there as “coming soon”. According to the website, there are currently eight luxury hotels from the brand in the USA, Ireland and Scotland. More are being planned, for example in Dubai and the Maldives. (dab/sda/dpa)