In briefA 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.<\/p>\n
A property developer says he has signed a deal with the Trump Organisation to build a tower on the Gold Coast.<\/p>\n
The proposed six-star skyscraper will be 340 metres and 91 storeys high.<\/p>\n
Altus Property Group chief executive David Young said the building would be a landmark property for Surfers Paradise.<\/p>\n
“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.<\/p>\n
“The Trump International Hotel & Tower Gold Coast development I\u2019ve been pursuing for almost 20 years is going to be Australia\u2019s tallest building before the end of the decade.”<\/p>\n
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.<\/p>\n
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.<\/p>\n
“A formal development application will be required, and we look forward to considering the application once it is received,” he said.<\/p>\n
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.<\/p>\n
One third of the building would function as a six-star hotel with another third to include 270 apartments.<\/p>\n
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