Trump Organization signs deal for first Australian skyscraper

The Trump Organization has signed a deal to build its first tower in Australia, in a project worth A$1.5 billion ($1.06 billion) that developers say will become the country's tallest building. The 91-storey skyscraper is planned for the Gold Coast, a popular seaside destination in Australia's Queensland state.



It will include a "six-star resort-hotel", 270 apartments, shops, a beach club and a swimming pool, local property developer Altus Property Group said in a statement.



"Australia's tallest building will be a Trump Tower, right in the middle of Surfers Paradise – it's great for Queensland tourism, and fantastic for Australia," the company said.



"It won't have a Four Seasons or Ritz Carlton brand above the front door, but it will say "Trump". And that means it is a no-expense-spared, highest-possible-quality building – the best in the world." The Trump Hotels website said the project marked the first time the brand was being used for a hotel in Australia.



"Set to become Australia's tallest tower, this landmark address redefines beachfront sophistication with world-class amenities, iconic design, and uninterrupted Gold Coast views," it said.